How I'm Helping Moms This Summer

If I could change one thing in this world, it would be?

Financial education or the lack thereof.

Think about it.  How much formal financial education did you gotten as a child or as an adult?  Many of us received none or very little in school and learned about finances via experience or antiquated thinking.  Most Americans know very little about two things:

• making money
• managing money (budgets)
• saving money

For this reason, I am making it my goal to work with moms with summer and educate them on how to be successful in all if these areas.

Why moms?
Moms are usually the backbones to the family.  They are usually the ones who are the CEOs, CFOs (Chief Financial Officers) and COOs (Chief Operations Officer) of the family.  They are the ones who make it their number one priority to make sure that their family runs smoothly.  But they struggle with how to do that because they don't understand money.

Struggle #1 Making Money
Many moms have bought into the idea of having a job to make money.  Trading time for money is terrible thinking- especially for moms.  This notion causes them to work overtime or get additional jobs just to make more money, which, in turn, causes them to lose more and more time with their family.  I want to help moms learn how to make money without being a slave to a job.  I want to teach them that they can have a job but not  NEED a job.  And if they desire to quit their jobs completely, I want to show them how to do that too.

Struggle #2 Managing Money
Even moms who seemingly have enough income to live comfortably are struggling.  Why? They can't seem to get out of debt or they overspend.  Failure to have  a budget and/or follow it only leads to debt, overdraft fess and payday loans.  I will show moms how to allocate money for debt and manage household expenses.

Struggle #3 Saving Money
One thing that stay-at-home moms don't think about is what they would do if they husbands lost their jobs.  They haven't set up savings and/or investments to cover lost income.  Sometimes if they have thought about it, they simply can't save for such an event because of Struggle #2.  Let's work on planning so that if such a thing happens, you will be prepared.

If you're a mom who needs help, connect with me on Facebook and send me a message. 

 

Until next time, I wish you peace, patience and prosperity.

15 Best Apps for Busy Small Business Owners

Check out this article by the small business expert, Melinda Emerson.

Since Facebook is my office, I am often working on the go from my cellphone.  I love these apps suggested my Melinda.

Until next time, I wish you peace, patience and prosperity.

What Side of the Equation are You on?

Today, my husband and I had the opportunity of begin a 3-day intensive Rich Dad training.  Rich Dad is an enterprise comprised of financial workshops, webinars, trainings, and mentorships.  If you have any desire to be totally debt free AND financially free (yes there is a difference) then it is imperative you attend these trainings.

The basis of all trainings is the concept the company's founder, Robert Kiyosaki, created called The CASHFLOW Quadrant (see diagram above). According to Kiyosaki, there are four different types of people in business.  In order to eventually become debt free and financially free, you must first understand where you are on the quadrant and understand that you cannot stay where you are and gain freedom; you MUST move.

Divide the quadrant into left and right and you will see that the persons on the left are the workers and the right side are the bosses.  Ninety-five percent of the population is comprised of the workers and five percent of the population is comprised if the bosses,   The employees are the folks with a 'D' mindset and our self-employed person are our 'A' mindset folks.  Essentially, they do the same thing, they exchange their time for money.  The only main difference is that employees have jobs and the self-employed own their jobs.  In other words, the self-employed are not waiting for so one to create or take away their jobs.  They do NOT have people telling them to risk their lives for money.  This is where employees should aspire to be.  Now the self-employed, like myself, should aspire to become a partof the right side of the quadrant and own more than just their jobs.  This is where you'll find your 'C' student.

Instead, they own businesses and money.  This is how you begin to create wealth. You grow and aspire for more.  As a big business owner, you no longer own a job, you own other people's jobs and  proven systems like McDonalds franchises or MLM businesses.  As a big business owner, you have the opportunity to hire those 'A' students so thar you can become an investor where your money controls all the other quadrants and creates an income for you.    

So which side of the equation would you rather be on: the side that exchanges time for money or the side that exchanges other people's time, talents, money and knowledge for money?

Subscribe to this blog if you are ready to migrate to a different quadrant and begin a journey to financial freedom.


Until my next post.... I wish you peace, patience and prosperity.  

Lessons from a Former Teacher Part Three

Hey guys

In the last two entries, I talked about why 'A' students work for 'C' students.  Check it out here and here.  I would like to subtitle this one " 'A' students work for 'C' students and 'D' students work at McDonalds"

A few days ago, a Facebook friend, Luis Correa, posted this:

The way SUCCESSFUL people make a decision:

1. Ask for info

2. Look at info

3. Do a bit of research

4. TAKE ACTION

The way UNsuccessful people make a decision:

1. Ask for info

2. Begin being skeptical

3. Look at info partially

4. Again more skepticism

5. Ask 10 questions that are already in the info that they didn't look at.

6. Ask family and friends (who are also unsuccessful) what they think.

7. Do no research

8. Put off to a later date(which is never)

9. GET BACK ON FACEBOOK AND COMPLAIN ABOUT THE SAME STUFF OVER & OVER.

CAN YOU SEE THE DIFFERENCE..this is why the rich get richer and the poor get poorer...Its all on how decisions are made...REAL SIMPLE. EVERY successful person makes decision quick and logically, no emotions needed, realize its real ... So...Which one are you going to be?

Luis is speaking of our 'D' students.  These students want to do the bare minimum but want massive results.  They want 'A' student results but won't even put in 'C' student effort.  They are the students who have no hustle.  They fear disappointment so much that they rather not even try.  

They want easy.  They want fast.  They want a job at McDonalds or any other place that doesn't require much thought on their part.  And yet they desire a millionaire lifestyle.  

Since they are not willing to put in the effort to improve themselves, they do the next best thing-complain.  They complain that their job sucks and their boss sucks.  They hate their coworkers, their shifts, their off days, and their work days.  They throw pity parties about how sad their lives are but when faced with opportunities, they complete steps one through nine on Luis' checklist over and over again or better yet say "Oh, that's not for me." And to that I ask, "And working at McDonalds is huh?" (No response needed.)

POP QUIZ!! 

Time for a little self-evaluation.  Are you an 'A' student, a 'C' student or a 'D' student?  If you are an 'A' student who wants a 'C' student mindset or a 'C' student who is ready to take it to the next level, step into my office. Connect with online and let's work together to make that happen.  

'D' students need not apply. McDonalds is still hiring.

Until my next post.... I wish you peace, patience and prosperity.  

Lessons from a Former Teacher Part Two

Hey guys.  Please check out yesterday's blog entry before reading this.

I know I ruffled a few feathers with my last post...mostly 'A' students (just kidding).  No matter what side of the argument you are on, you must admit that the infamous educational model is flawed. I am referring to the model, actually an ideal, that is so very popular- the model/ideal that tells you to go to school, study really hard, get outstanding grades, go to college, graduate and get a good job. Let's face it; this model is seriously flawed.  It may have worked years ago but not now.  If this were not true, we would not have so many college graduates with student loans and low-paying jobs or no jobs or jobs not related to their degree.

I graduated ten years ago and have fellow classmates who are still looking for jobs their field  or have simply settled for something because they have financial obligations.  Then, there are others who have found the dream jobs but absolutely hate them because they have idiot bosses who have no idea what they are doing.  Raise your hand if this is you.  

How does this happen?  Why do so many people find themselves with these 'C' student bosses who continually get promoted to senior positions?  Robert Kiyosaki believes that " 'A' students learn to do a job, 'C' students ... learn about money."   'C' students learn how the game of life really works.  And this is what the 'A' student lacks.  I also believe there are a few other characteristics that 'C' students have that give them an advantage over 'A' student.

 Besides people skills and life skills, 'C' students:

• have hustle.  They are not afraid to put themselves out there if it means they have a chance at getting what they want.
• are fearless.  When they lock in on something, they can become unrelenting.  Even when they fail, they continue pushing towards their goals.  For them, failure does not mean their goal is unattainable, it just means their method/plan needs tweaking.
• don't seek perfection.  They didn't seek it in school and it works to their advantage.  They don't wait for the "right" time to do anything.  They just jump right in.

This is what have helped the 'C' student surpass the 'A' student.  They gave the right mindset.  If you are seeking success in entrepreneurship, you to must have the right attitude and mindset ...  the 'C' student mindset.

Until my next post.... I wish you peace, patience and prosperity.  

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Lessons from a Former Teacher Part One

I know I talk about my family and being an entrepreneur but what you guys don't know about me is that I taught high school English for six years.  (Note: Don't judge me for any grammatical errors or my use of conversational English. Let's just have fun.). But yes, I taught high school English and yes, it is as bad as people say it is.  I won't say in what ways (yet) but just know that it is.

I recently ran across an article on Career Builder that stated that " 'C' students, research has shown, become the bosses of the 'A' students, run the world, and bounce back faster from setbacks." When I thought of George Bush being elected TWICE, I couldn't argue with that claim.

The author asserts that C students are more practical thinkers.  They learn more from the world than books. These were the students who questioned having to learn syntax and read Shakespeare.  They thrived on my class discussions and had no desire for dictation.  These were the students who considered going to college but couldn't really see the benefit of working so hard to get in, so they procrastinated and hustled their last semester to complete application packets.  They didn't study for tests; they shot straight from the hip (i.e. whatever they remembered).   For them, grades did not matter as long as it reflected they had learned something.  And this is what makes them the bosses of 'A' students.  They are ok with some failure and/or not being the best in school.

My 'A' students, like myself, were consumed with being the best...in school. Everything taught in school was important.  They didn't question it because they were going to do it anyway.  If it was taught in school then it most certainly be important for life.

Though education does not guarantee success, it does grant you access to opportunity.  But I am also know that knowing the right people grants you access as well.  And while the 'A' student is engaging the text, the 'C' student is engaging people and finding out what makes them tick.  While the 'A' student is building molecular models, the 'C' student is building relationships.  In short, the 'A' student works largely in theory and the 'C' student works in reality and practicality.  Hence, the 'C' student knows how to manage people ('A' students) who build successful businesses for them.

Agree or disagree? Let me know what you think below.

 Until my next post.... I wish you peace, patience and prosperity.