The Power Percentage™ scale is as follows. Favorites +/-100 = 50%-110 = 52.4%-120 = 54.5%-130 = 56.5%-140 = 58.3%-150 = 60%-160 = 61.5%-170 = 63%-180 = 64.3%-190 = 65.5%-200 = 66.7% Once you add all of those healthy financial activities up, divide by your gross (pre-tax) monthly income. A ddit ionally, use t he manager’s message t o build word-of -mout h support t hrough managers. It’s like buying bulk kale. It measures what you’re doing now to improve your financial life, and how close you are to creating financial independence. And finally, a Power Percentage™ of 35 percent or higher proves to you that you’re well on your way to mastering your financial life. Depending on your class this may involve a quick brainstorming session, an extended revision, or one or two directed questions.Two of the most important things to realise and understand when working with percentages are: 1.1. January 20, 2021. “My wife and I have a household income of $600,000,” a man offered to me in an airport. Budgeting is a bad word for many, but it’s a necessary component of a smart money life. This is precisely why I created my own metric—Power Percentage™. They win a little bit from every fight, and every game bet on because of the juice. The first thing to consider is how to start investing in stocks. By Stan Hutton, Frances Phillips . Although online donations still represent a modest percentage (7.5 percent as of 2012) of total giving to nonprofit organizations, that percentage is growing, and your nonprofit’s website is an important fundraising tool. 1. Your Employer’s match of your retirement plan deposits, Savings deposits (which won’t be immediately spent on vacations, holidays, etc. For example, if you add up all your monthly activity and arrive at $1,500, and your gross monthly income is $5,000, then your Power Percentage™ is 30 percent ($1,500 / $5,000 = .30). If you haven't then it is a simple premise. The main poverty line used in the OECD and the European Union is based on "economic distance", a level of income set at 60% of the median household income. Meanwhile, the national savings average yield is only at 0.1 percent annual percentage yield (APY). I simply refuse to let people lie to themselves about their financial reality. Other debt payments in which you are making consistent monthly payments (except car payments). First thing’s first--let’s see what the money lines represent in terms of percentage and then take it from there. Power Percentage… Save Time with your Keyboard. If you’re earning a 5 percent interest rate, you’ll spend 14 years and 5 months trying to double it, but only an additional 8 years and seven months tripling it. This is precisely why I created my own metric — Power Percentage™. He’s yet another person who chooses to answer the query based on mood and stress derived from current financial events. How’d it get there? Your result will be in decimal form, move the decimal two places to the left to get Your Power Percentage. Revision of percentages. This line of credit is secured against your home. NHL. If your money earns a 5 percent interest rate, it will triple in 23 years (115 divided by 5 equals 23). We see this premise in action everywhere really. Instructions – Use ROI to Calculate a Marke… Moneyline Conversion: Odds to Percentage Chart Yet, none of these show you the entire picture of your financial life. You pay it back and borrow again. How to use a percent to your advantage. It’s completely unrealistic and inappropriate to measure your financial health based on a path to income independence when earning below a living wage. NFL. z Section 3 tells you how to use the simple interest, compound interest, and amortization functions. January 20, 2021 . On the reverse,if your team is +245, you must risk $100 to win $245. Golf. The Power Percentage™ Key 0 – 10% (Not Good) 11 – 20% (Okay) 21-34% (Good) Use the scale below to see how you need to improve. (Money lines) A type of bet in which you must only pick the winner of a game straight up, not dependent on what the "Sides" of the game are. Here you can download detailed ROI calculators that will enable you to calculate the projected ROI and actual ROI for a marketing campaign, create a marketing budget based on specific ROI goals and determine ROI using COGs, projected revenue, gross profit, customer lifetime value or cost per X. You are consuming your entire income while not saving money and not paying on debts. NFL Super Bowl Super Bowl Odds: Top-Seeded Chiefs, Packers Remain Favorites Ahead Of Championship Weekend. The house offers odds that factor in a cut of overall wagers, known as vig, that goes to the sportsbook. Moneyline to Percentages Conversion Chart. Once we do that, we can act accordingly. And there’s a really important aspect to how we manage our finances that is often missing from advice about managing your money, and it starts by understanding why money is power – and how that impacts us. Screen-Shot-2017-05-30-at-12.39.29-PM-1024×640. For example, if you add up all your monthly activity and arrive at $1,500, and your gross monthly income is $5,000, then your Power Percentage™ is 30 percent ($1,500 / $5,000 = .30). Imagine going to the retirement office (there is no retirement office) when you’re 65 years old and exclaiming “I have an 820 point credit score, now let’s get started with retirement.” You can’t borrow income for a multi-decade retirement. It really shows up in business and politics. NFL. No matter your income, your assets, your credit score, or your mood, if your Power Percentage™ isn’t healthy, neither are you. Percent (%) means per 100 (per century), or a fraction with the number over 100, this can be thought of by looking at the symbol. Yippee, you’re good at borrowing money. Determine your investing approach. Yet, none of these show you the entire picture of your financial life. 1. About Pete the Planner® About Your Money Line; Contact Us Hi All, I have a set of data in Excel already formatted as percentages (2 decimal point) which sums to 100%, see table below. z Section 2 tells you how to use the percentage and calendar functions. This is precisely why I created my own metric — Power Percentage™. Learn how to create and add your … Making the correct call is the bottom line, so your choices should revolve around which side you think has the greater chance to win. Permanent life insurance premiums (only if paying at or above Target Premium), Savings deposits allocated to vacation, holidays, or any other purchase, Car, truck, motorcycle, boat, or any other vehicle payments, Credit card payments used to cover expenses incurred in the previous month (for people who use their card every month, then pay it off in full). Unless she was still actively saving, the savings itself doesn’t mean much. Who cares, unless you’re actually eating it. Our percentage calculator is perfect for anyone that wants to save time in calculating many different percentages as well as for anyone that is not good at math! You’re way too dependent on your income. 10 Tips for Raising Money from Your Website; 10 Tips for Raising Money from Your Website. Relief is not on the horizon because you’re not doing anything about it. US Sports Betting News. Here’s the interesting thing – as women, it’s been reported that we make 80% of the buying decisions on this planet. To show you this page, we need to know your location. Interest rates and fees on a HELOC. For a complete explanation and exploration of Power Percentage™, listen to episode 120 of my podcast, The Million Dollar Plan. GROSS INCOME /MONTH: THE KEY. This is a calculation of the percentage of people whose family household income falls below the Poverty Line. To show you Lower My Bill Toolkit, we need to know your location. It measures what you’re doing now to improve your financial life, and how close you are to creating financial independence. What can our people expect from Your Money Line? Your credit score, although referenced for auto and home insurance premium rates, becomes increasingly unimportant as you get older. It is said that if your luck line extends till your wrist, you have been born with an amazing luck --- you will make a lot of money and a lot of friends. Prop Finder. ), other investment deposits, HSA contributions (which you don’t have immediate plans to use), mortgage principal payment (not interest, property taxes, or insurance), medical debt payments, credit card payments (from cards which you’re currently not using), student loan payments (above and beyond interest-only payments), and any other debt in which you are making consistent money payments (except car payments). “My dog racked up a $760 vet bill yesterday, so not so great,” a sullen man in his late twenties answered my question earlier in the year. Introduce the topic of percentages. It measures what you’re doing now to improve your financial life, and how close you are to creating financial independence. When asked to measure the success of your financial life, you may immediately think of defining your success by your bank account balance, how big your house is, or what your credit score is. If you have money, then you have power and influence. Using the percentage to your advantage is a very common betting philosophy in baseball, basketball, football and also fight betting. Money is power. You have probably heard of the saying "money talks!" **Important note: Do not include any auto loans in this calculation. To even save you more time we made sure that the calculations are automatically calculated as you type in the input boxes. Clearly, it appears I’m difficult to please. In this article Power BI visualizations. 1. NBA. Return on Investment Calculator(Excel file) 3. For example, the money line on a 3-point home favorite in the NFL would have odds like -164 to win the game outright. 10% AND BELOW = NOT GOOD 11% - 20% = OKAY 21 - 34% = GOOD 35% AND ABOVE = GREAT! Unless these people were creating independence from this income by saving it, this income will create a monumental level of dependency and make retirement very difficult. Only attaining power can make you matter, and true power only comes from intellect. 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