The downside most business owners face is not being able to take a break. When working with a business owner, these are the questions I frequently ask: How confident are you about leaving your business for a few days, a week, a month? Do you end up glued to your computer or smart phone when …
Smart Money Tip #16 – Can Your Business Run With … or Without You? Read More »
Almost 20 years ago when my mother married my step-father, they came to me for estate and financial planning. My parents created their own trusts and set-up some assets in joint accounts. To simplify things, they consolidated all financial assets into a brokerage account with American Express Financial Advisors, and I was their financial planner. …
Smart Women Tip #15 – Estate Planning: Planning for the Unexpected Read More »
It’s hard to believe that my husband, Mark, and I just celebrated our 32nd anniversary this month. I am truly blessed to have such a wonderful relationship with my husband. He’s not only my partner, but he’s also my best friend and loudest cheerleader. Our marriage has always been strong, but I confess that I …
Smart Women Tip: #14 – Could Your Money Personality be Sabotaging Your Marriage? Read More »
I attended a fabulous retreat in Baltimore with one of my mentors, Barbara Stanny, a few years ago. The retreat on Sacred Success was for women who had reached affluence and were looking to make a difference in the world. When I called the retreat center to ask how to get from the airport to the …
Smart Money Tip # 13- Four Steps to Creating Wealth Read More »
Watching our parents age is not always easy. We all dread the idea of that “call in the night” – the one that means we must step into the Designated Caregiver™ role to manage our parents’ lives and make tough decisions about their care, finances, and welfare.
My nail technician, Kahi, is an entrepreneur and an extremely smart money guy. One day, Kahi and I discussed how hard it is for many people to save money, so they end up living paycheck-to-paycheck and having to put expenses on credit cards. Kahi and his wife love to travel, but they also don’t want …
Smart Money Tip #11 Money is Energy – Pay attention to it! Read More »
In a recent Smart Women Survey, almost 38% of our readers said that their biggest challenge is money. Today, I want to share a discussion my hairdresser, Rachel DeMar, and I had last year. Rachel told me that she was celebrating her 10-year anniversary as a hairdresser. After congratulating her, I asked her if she …
Smart Women Tip #10: It’s Never Too Late to Become a Millionaire Read More »
The importance of creating a ‘Money Bucket’ for home maintenance was the focus in last week’s Smart Money Tip. Today, I want to share how to hire a contractor for things like landscaping, home repairs, a new roof, and other major maintenance projects.
While homeownership has many benefits, most homeowners will warn you that it’s necessary to plan for maintenance. Since your home is often your largest investment, keeping it properly maintained is very important. This includes planning for both the expected and unexpected maintenance issues. I suggest creating a ‘Money Bucket’ for each situation. A Money Bucket is …
Whether you currently or are considering owning a business, are self-employed, or a commissioned-based sales person, today’s tip is specifically for YOU! One of the biggest mistakes I have noticed many female entrepreneurs make is when they don’t treat their businesses like a business. This happens when owners don’t respect their money and they fail to treat their …
Smart Money Tip #7: Don’t Treat Your Business Like a Cash Cow! Read More »
