Finance Babe

We all have things that trigger us.  Instead of acting on the trigger by overspending your money, learn what to do to be able to deal with them successfully.  

In this episode we are going to be discussing: 

• What is a trigger?
• Where are they coming from?
• What are the different types of triggers that make you spend money?
• How to deal with money triggers?

Also, here is the link for you to discover What type of spender are you? https://www.financebabe.com/discover-your-spending-personality-quiz

Please let us know what money topics would you like to hear in our Podcast.  Also, let us know what you think.  

Do you have anyone that you would like me to invite into the podcast? Let us know.  www.financebabe.com

Did you get to the end of the month, but also to the end of the money?  Are you always wondering where is the money going and you don't have a reasonable explanation?  If this keeps happening, perhaps, it is time for you to consider creating a budget. Now, I do have to clarify that budgets shouldn't be a forever situation, they should be temporary.  

In this episode, we are going to explore :

• What exactly is a budget? 
• Why they should be temporary?
• Who needs a budget?
• And 5 different budgeting methods that you can use to get you back on track.

You have options to choose from when it comes to making a budget. 

Also, here is the link for a saving method that I shared in this episode: https://digit.co/r/W15BydYCNS?wn

Learn how to become the CEO of your Life.  In this podcast, I am getting interviewed by Martha Ramos from Be The CEO.

After several years in a successful Advertising career, she began to question her life's purpose and whether she was on the right path. It kept her up at night wondering “is this all there is to life”?

Also, full transparency, she became frustrated at trading her time for money, being passed up for promotions, and working long hours with nothing to show for it. Sound familiar?

So, she connected with a group of successful global entrepreneurs, like me, through a series of bite-size interviews where we'll each reveal insights, tips, wisdom, and tools on HOW you can start creating the lifestyle you want to live.  

Here is the gift for today's podcast https://www.financebabe.com/MMM-rp

My favorite e-commerce platform is Kajabi, click here and get 28 days for free.

Here are the links from our sponsors for today.

https://app.kajabi.com/r/bRBisvat/t/xsob9xg6
https://www.financebabe.com/pages/calendar

What are the basic steps for financial success in your business?

What are the habits or behaviors that hold most women entrepreneurs back from being financially fit?

How would you recommend a business stay financially fit while also growing?

What is an "exit strategy" and how do individuals get it?

How would you know that your business is set for financial success?

What would you say to a woman who feels like financial independence is a pipe dream in her business right now?

How should you distribute your profits?

What tangible things can women do with their finances TODAY which will get rid of the overwhelming and worry about money?

Talk to you later!

We all love our children and we want to give them the best.  However, sometimes we forget about their future.   Sometimes we think that they are too young or it is too early to set them up for success.

Today, I am going to show you the smart way to help your kids not to worry about money ever. 

Our sponsor today is Kajabi  https://app.kajabi.com/r/bRBisvat/t/lbvcolsk

There is a plan:

• That has tax-free growth
• That use the funds for tax-free income
• That you can open a plan for your child as early as 14 days after birth
• That cash values can be used by your child for any financial need in life including education, down payment on a home, starting a business and even provide financial security for their future family
• That you can use the funds in the plan, while it continues to grow
• That has a steady, predictable growth (on average 8%)
• That parents, grandparents, legal guardians, aunts or uncles can open these plans and will own and control the policy for as long as they like
• That the ownership can be handed over to the child at any time, tax-free after they turn 18
• That is a life insurance plan; your child will be covered, regardless of any illness that may arise
• That is an asset that either you or your child can use for retirement
• That it’s entirely funded after 20 years. No further deposits are required

Learn more about it in today's episode.  

Sign up for a 28 days trial with Kajabi https://app.kajabi.com/r/bRBisvat/t/xsob9xg6  

https://www.financebabe.com/blog/the-smart-way-to-set-up-your-kids-for-life Part 1

https://www.financebabe.com/blog/why-do-you-want-to-set-up-a-secure-foundation-for-your-kids-financial-success-part-2

If we ask people about what are the 3 keys to health, most likely they will answer right away and they will know the answer.

• Eat Healthy (nutritional meals)
• Exercise
• Rest (sleep)

Now, when it comes to the 3 keys to wealth, there are a lot of different answers.  Today, I am going to show you the 3 Keys To Wealth.  This episode is sponsor by Anchor, the platform I use to upload my podcast.  Did  you know that Anchor is owned my Spotify?  If you want to get more information about how to become financially fit, go and visit my website www.financebabe.com  Make sure that when you visit my website, take the Financially Fit Assessment and get the FREE Mastering Money Matters 3 Part Video Training. You can also find me on Instagram @financebabe.llc and on Facebook https://www.facebook.com/financebabe.net

The cost of a college degree keeps going up, but I am not sure if the value of a college degree is going up too. What do you think? Over the past decade, the prices at a University has increased to a point that more students are forced to get student loans.  The challenge is that it is becoming extremely difficult to pay them back in a short period of time.  The current student loan debt in the US is over 1.5 trillion dollars and the average student loan debt is about $37,000. That is about 10% down payment on a $370,000 house.  Yikes!  This is pretty alarming.  Do you have student loan debt?  Or do you know someone that does?    Well, I have invited The College Investor founder Robert Farrington to give us some advice on what it has to do with college and student loans.  Robert Farrington is the founder of The College Investor, a personal finance site dedicated to helping people get out of student loan debt and start investing. He is a student loan debt expert, and knows how to navigate the complex system of student loans in the United States today. Learn more at TheCollegeInvestor.com Here are some of the questions that he will be answering for us.  Where should you go to get your degree? What are your options when paying off student loans?  What are some practical ways to make more money and get rid of your student loans? Should millennials save money as they are paying off their student loans? I think the most important question he answered for us.  These questions and more, he will be answering for us.  Also, he has a free gift for us... https://thecollegeinvestor.com/free-student-loan-course/ Learn the steps you need to get out of student loan debt in 5 days with this simple email course. Enjoy!

Today I'm going to talk about our stuff and our environment.  

I have learned that one of the keys to attract and manifest wealth into our lives is drum roll... getting rid of stuff!

I know, hard to believe, but that is the case. 

Decluttering!

As women, belief it or not, if we are surrounded by clutter, we feel full, we feel overwhelmed and our stress increases. Why? Because everything around us speaks to us. 

In this episode, I am going to talk about what is behind our stuff.  

Also, the 4 things that we can do to get rid of the stuff and be able to attract more money and abundant into our lives.

This episode is sponsor by my free 3 part video training Mastering Money Matters https://www.financebabe.com/MMM-rp

And remember; "Financial Education is The Path to Freedom"

It has been proven that women financial needs are entirely different than men.  Also, we encounter various problems with money than men. 

Most women don't trust financial advisors.  Financial Advisors don't speak women's financial or money language.

*Most women don't know how to manage their money

*Women live longer than men

*Women are more conservative investors

*Nearly 90% of women will end up managing their finances alone

*Among women older than 65, about 60% of them are divorced, widowed or never married

*About 75% of women are widowed at an average age of 56, and 1 in 4 of these women are broke within two months of being widowed

*Less than half of working women have any retirement plan

*Most women in the US get paid 20% less than men

*Women has less retirement income than men

*95% of women will be the primary financial decision maker at some point in their lives

*Women controlled 14 trillion of personal wealth

*40% of the household with children under 18 include women as the sole and primary household income

*Women have more limiting beliefs when it comes to money and instead relies on men to take care of their finances

*49% of women fear of ending broke and homeless or becoming a bag lady

*62% of women express more interest in learning about finances

*90% of women believe that they need to be more involved in their investments

*70% of women fire their financial advisor within two years of their husband’s death

*On average women outlive their husbands by 15 years

*62% of women don’t have a financial advisor

*Only 7% of women trust a financial advisor

* Studies show women are becoming more engaged in their finances, yet the industry has not changed to serve them adequately.

These statistics are not to alarm you but to make you aware of the importance to prepare yourself, no matter what stage you are in life. 

I will be giving you a few suggestions to achieve financial fitness before retirement. https://www.financebabe.com/pages/calendar

In this episode we are going to review 10 possible things that stopped us from achieving our goals last year.  

Are you ready to manifest what you want in 2019?

What do you really want?

Are you wondering why you didn't achieve your goals in 2018?

Do you feel that there is something missing or not aligned that it is stopping you from getting what you want?

Have you ever wondered why you have not been able to achieve your goals?

Discover why we were not able to accomplish some of our goals.  I am including myself here, as I wasn't able to achieved some of them and I am sharing what I learned about that, so I can reach my goals this year. 

Have questions?  Want to learn more?  Do you want to take your finances to the next level?  Don't hesitate to reach me https://www.financebabe.com/pages/calendar