Feeling creative? Who cares, unless you’re actually eating it. They win a little bit from every fight, and every game bet on because of the juice. Sportsbooks make money by setting lines that bring in an appropriate amount of wagers on both sides of a bet. Making the correct call is the bottom line, so your choices should revolve around which side you think has the greater chance to win. 1. If your money earns a 5 percent interest rate, it will triple in 23 years (115 divided by 5 equals 23). It really shows up in business and politics. On the reverse,if your team is +245, you must risk $100 to win $245. While tapping your mood to explore your solvency might seem prudent, it’s way too emotional and subjective to actually matter. Since vehicles are a depreciating asset, payment toward this type of debt doesn't impact your Power Percentage™ negatively or positively. For example, you would need to win 80% of all of your bets just to break even if you only bet on -400 money line favorites (over 80% to turn a profit). For example, the money line on a 3-point home favorite in the NFL would have odds like -164 to win the game outright. Golf. You can spin your wheels for years and then eventually wander around aimlessly if you use the wrong metric to evaluate your financial standing. This is precisely why I created my own metric — Power Percentage™. How to use a percent to your advantage. Let’s use an NBA matchup between the Golden State Warriors and Milwaukee Bucks as an explanation: Golden State Warriors vs Milwaukee Bucks; Team Moneyline Odds; Golden State Warriors +120: Milwaukee Bucks-140: In this matchup, the Bucks are the favorite. 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. If you haven't then it is a simple premise. In the World Series Game 1 example from above, if 90% of bets come in on the Dodgers, the sportsbook stands to lose big money if Los Angeles wins. They will change as market interest rates go up or down. If your team is listed at -265, you must bet $265 to win $100. Strength and muscle have a short shelf-life. 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). Once you’ve established your Power Percentage™, your goal becomes to increase it every single year until the day you retire. Only attaining power can make you matter, and true power only comes from intellect. If your Power Percentage™ is between 11 and 20 percent, you’re doing okay, but your Power Percentage™ has a long way to go prior to retirement. Here’s the interesting thing – as women, it’s been reported that we make 80% of the buying decisions on this planet. You have probably heard of the saying "money talks!" You might not think you should be concerned with how the sportsbook makes their money off of moneyline bets, but it’s actually a lot more important than you might think. 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% NBA. 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. 1. To even save you more time we made sure that the calculations are automatically calculated as you type in the input boxes. It measures what you’re doing now to improve your financial life, and how close you are to creating financial independence. Revision of percentages. For a complete explanation and exploration of Power Percentage™, listen to episode 120 of my podcast, The Million Dollar Plan. MLB. You can take out money from a HELOC when you need. Yet, none of these show you the entire picture of your financial life. You’re way too dependent on your income. Unless she was still actively saving, the savings itself doesn’t mean much. Once you add all of those healthy financial activities up, divide by your gross (pre-tax) monthly income. Your credit score, although referenced for auto and home insurance premium rates, becomes increasingly unimportant as you get older. The house offers odds that factor in a cut of overall wagers, known as vig, that goes to the sportsbook. Win % – Percentage of wins required to show a profit at a given money line. ALL RIGHTS RESERVED PETE THE PLANNER® 2018 W e want as many people as possible in your organizat ion t o know about Y our Money Line so we st rongly encourage you t o use t he provided market ing kit t o get t he word out . Monthly Activities Included in Power Percentage™: Monthly Activities not included in Power Percentage™: Note: It’s worth noting that using Power Percentage™ to measure your financial health is only applicable to those who earn a living wage or higher. – Alexis Olson Jul 10 '18 at 15:09. i've provided an example, i hope this will help you understand better – mkharraz Jul 11 '18 at 7:44. add a comment | 1 Answer Active Oldest Votes. 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. To calculate your Power Percentage divide this total by your gross monthly income. You’re way too dependent on your … 1. By Stan Hutton, Frances Phillips . We'll be adding new visualizations, stay tuned! He’s yet another person who chooses to answer the query based on mood and stress derived from current financial events. Interest rates on a HELOC are variable. 10 Tips for Raising Money from Your Website; 10 Tips for Raising Money from Your Website. You are consuming your entire income while not saving money and not paying on debts. This content is customized by location. A HELOC works much like a regular line of credit. What can our people expect from Your Money Line? Return on Investment Calculator(Excel file) 3. It’s completely unrealistic and inappropriate to measure your financial health based on a path to income independence when earning below a living wage. 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! NHL. Viele übersetzte Beispielsätze mit "get your money's worth" – Deutsch-Englisch Wörterbuch und Suchmaschine für Millionen von Deutsch-Übersetzungen. 1. 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. In this article Power BI visualizations. It measures what you’re doing now to improve your financial life, and how close you are to creating financial independence. If you want to see your full payout (basically how much money they should hand you), simply add your original bet amount to your profit number. This means you would need to wager $164 to win $100 on that team. This is a calculation of the percentage of people whose family household income falls below the Poverty Line. This chart will calculate your personal Power Percentage™, but if you'd like to calculate your family's Power Percentage™ include your partner's information along with your own. YouTube. Use the key below to see where you are. January 20, 2021. 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. Once you add all of those healthy financial activities up, divide by your gross (pre-tax) monthly income. Determine your investing approach. Denver Broncos Betting Guide: Odds And Predictions. The Power Percentage™ scale is as follows. NFL. 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. Interest rates and fees on a HELOC. Moneyline to Percentages Conversion Chart. Money is power. If I were to approach you on the street and ask you how your financial life was going, on what basis would you answer the randomly invasive question? The Power Percentage™ Key 0 – 10% (Not Good) 11 – 20% (Okay) 21-34% (Good) ), HSA contributions (which you don’ t have immediate plans to use), Mortgage principal payment (not interest, property taxes, or insurance), Credit card payments (from cards which you’re currently not using), Student loan payments (above and beyond interest-only payments). Once we do that, we can act accordingly. 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). There is just an increase in the juice based on the percentage chances of a team winning outright. It’s like buying bulk kale. Less than 10 percent, and you’re in big trouble. And check out the Microsoft AppSource, where you'll find a growing list of Power BI visuals you can download and use in your own dashboards and reports. Learn how to create and add your … **Important note: Do not include any auto loans in this calculation. Begin by adding up the following monthly activities: retirement plan deposit, employer match, college fund deposits, savings deposits (which won’t be immediately spent on vacations, holidays, etc. Budgeting is a bad word for many, but it’s a necessary component of a smart money life. Percent (%) means per 100 (per century), or a fraction with the number over 100, this can be thought of by looking at the symbol. This is the first step toward a happier, healthier financial life. I figured I would share a story with you that would bring home this phrase. State Guides. A ddit ionally, use t he manager’s message t o build word-of -mout h support t hrough managers. Use the scale below to see how you need to improve. Less than 10 percent, and you’re in big trouble. Note that tripling your money is easier—in some respects—than doubling your money. z Section 3 tells you how to use the simple interest, compound interest, and amortization functions. Understanding the Juice and Line Movement. Awesome. To show you Lower My Bill Toolkit, we need to know your location. Marketing Campaign ROI Calculator(Excel file) 2. Your result will be in decimal form, move the decimal two places to the left to get Your Power Percentage. Welcome to Your Money Life: Budgeting. 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. Some investors choose to buy individual stocks, while others take a less active approach. Power Percentage™ also happens to sniff-out lifestyle creep, evaluate your mortgage strategy, and recognizes debt elimination. Yet, none of these show you the entire picture of your financial life. In order to use the percentage effectively you should gauge what percentage … Measuring your financial life based on your credit score is as ridiculous as it is self-defeating. How’d it get there? Yippee, you’re good at borrowing money. Explain that it derives from the fraction over 100, and is made up of the / and the 00 from this fr… A Power Percentage™ of 21 percent to 34 percent indicates you’re living a healthy financial lifestyle. Introduce the topic of percentages. You may think you’re doing great, but you’re only doing great by an inadequate metric. Can you explain better and mock up what you want your chart to look like? (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. This line of credit is secured against your home. Power Percentage… Relief is not on the horizon because you’re not doing anything about it. Clearly, it appears I’m difficult to please. January 20, 2021 . 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% ($1,500 / $5,000 = .30). Instructions – Use ROI to Calculate a Marke… “We have $30,000 in savings,” a very nice lady offers with a smile. Screen-Shot-2017-05-30-at-12.39.29-PM-1024×640. First thing’s first--let’s see what the money lines represent in terms of percentage and then take it from there. US Sports Betting News. NFL. Once you add all of those healthy financial activities up, divide by your gross (pre-tax) monthly income. You can borrow money whenever you want, up to the credit limit. NFL Super Bowl Super Bowl Odds: Top-Seeded Chiefs, Packers Remain Favorites Ahead Of Championship Weekend. 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. Using the percentage to your advantage is a very common betting philosophy in baseball, basketball, football and also fight betting. January 20, 2021. “I have an 820 point credit score,” one lady answered. This is how sportsbooks make most of their money. You pay it back and borrow again. 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). 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. 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). Other debt payments in which you are making consistent monthly payments (except car payments). Hi All, I have a set of data in Excel already formatted as percentages (2 decimal point) which sums to 100%, see table below. Save Time with your Keyboard. This is precisely why I created my own metric — Power Percentage™. NFL Power … About. We see this premise in action everywhere really. But I’m not. Money saved is generally a measure of past circumstance or behavior. 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. This is precisely why I created my own metric—Power Percentage™. It’s a sneaky problem that doesn’t feel like a problem. 10% AND BELOW = NOT GOOD 11% - 20% = OKAY 21 - 34% = GOOD 35% AND ABOVE = GREAT! About Pete the Planner® About Your Money Line; Contact Us A high income is not indicative of much when it comes to financial health. Power Percentage™ also happens to sniff-out lifestyle creep, evaluate your mortgage strategy, and recognizes debt elimination. z Section 4 tells you how to do discounted cash flow analysis, bond, and depreciation calculations. To show you this page, we need to know your location. ), 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). GROSS INCOME /MONTH: THE KEY. “My wife and I have a household income of $600,000,” a man offered to me in an airport. I don't understand where your percentages are coming from or what the notes you mention are. Instructions – Measure ROI from Marketing Efforts(PDF) 4. No matter your income, your assets, your credit score, or your mood, if your Power Percentage™ isn’t healthy, neither are you. In this course, I’m going to help you learn the habits you need to get yourself out of the cycle of living paycheck-to-paycheck so you can start on the path to a worry-free financial life. Luck line. The more money you have, then the more power and influence you have. The Power Percentage™ scale is as follows. Moneyline Conversion: Odds to Percentage Chart I simply refuse to let people lie to themselves about their financial reality. The first thing to consider is how to start investing in stocks. z Section 2 tells you how to use the percentage and calendar functions. 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. Your Employer’s match of your retirement plan deposits, Savings deposits (which won’t be immediately spent on vacations, holidays, etc. “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. Prop Finder. Meanwhile, the national savings average yield is only at 0.1 percent annual percentage yield (APY). 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. NBA Betting Lines, Trends And Strategy For Wednesday, Jan. 20. If you have money, then you have power and influence. That factor in a cut of overall wagers, known as vig that... 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