Tuesday, December 31, 2019
Pet influencers: Social media has created new jobs for the internet's cutest animals (and their ...
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How to Have a Financial Transformation
The Process of Financial Transformation
Many of us are in the process of reflecting on the year, and we have a lot to celebrate. I know I have many reasons to celebrate this year. You may be realizing that while you had all these lofty financial goals, you may have missed your mark. Things may not have gone according to plan, or maybe you’re realizing that you’ve been repeating old patterns and didn’t make any progress.
I know what it feels like to have these vast desires and no money. This space isn’t ideal; however, you can transform your situation. I’m going to share a transformational money story with you.
Elisa’s Personal Financial Transformation
This is the story of my coaching client, Elisa. She went from being a struggling activist to negotiating high-dollar deals. I’m sharing this fantastic story because Elisa’s story like this is the epitome of economic transformation – the same transformation that is available to you. Many of the struggles she was having may be some of the same struggles you may be experiencing. I want to show you what’s possible, and I’m going to break down the steps Elisa took to get paid tens of thousands of dollars to speak at major universities.
Elisa came to me in 2018 through a referral. At the time, her website Healinghonestly.com was experiencing a surge of viewership, and her inbox was flooded. For context, Elisa is a survivor of childhood abuse, and her mission in life is to help other survivors heal their trauma. Her business morphed into training people who are supporting survivors. She wasn’t quite sure how to teach others when I spoke to her. Elisa was stuck in her space. She was sitting on a big idea and movement with her deep and vital work.
When she came to me, she knew she was sitting on something big; however, she was also exhausted because, in the three years of running Healing Honestly, she hadn’t made a single cent. Elisa realized that she could not keep this cycle going as this cycle was not sustainable. Elisa joined my six-week group coaching program, Persuade to Profit, in 2018, and her most significant transformation came around her money mindset: She learned that she was worthy of making money.
Making Money to Help Others
The concept of making money to help others was a bit foreign to her, even after she had the experience of her mother starting a very popular and well established nonprofit from their kitchen table.
Many activists are so pounded with the idea they must be miserable. In more extreme spaces, money is equivalent to evil. Elisa came out of the sacrificial lamb space when she chose not to buy into that story. She now understood that making money was essential to helping others on the level she wanted to help them. Elisa became aware that her mission would take resources for her to become number one and have the ability to take care of herself so she can offer these services and reach more people. Once her new mindset started clicking, her whole energy started shifting.
She now started putting herself in situations that were uncomfortable for her. I remember her posting in the Persuade to Profit Facebook Group when she was literally in the middle of a negotiation with a University to hire her for a series of workshops geared toward trauma survivors. Elisa was struggling with letting them pay her for hosting the workshops. The University was willing to have her on board as a paid workshop host, and she almost interjected to tell them they didn’t have to pay her. I remember the other students jumping in and immediately started supporting her. The group told her to let the University pay her for her services. That day Elisa went from earning $0 for her work to getting her asking rate to put on workshops, which changed her as she realized that she could get paid to do the work she is passionate about and do good in the world. The biggest moment was when she realized getting paid for her work is acceptable.
Fast forward to early 2019, and Elisa decides to invest in more one-on-one support with me because now she’s got momentum. She can see her vision and purpose. Elisa can create incredible goals and achieve them!
Going From Broke to Making Seven Figures
Elisa went from $0 of revenue to create a million-dollar business. She realized her worth and decided to travel all over the country and to give her husband his shared opportunity to take care of their kids. I watched her amazing transformation as I coached her along her journey to go after her dream in full force. At one point, she noted how good she felt to do work, which was making a difference.
At the time of recording this podcast episode, Elisa has informed me that she has closed a $20,000 speaking deal with a major university, and she also has her first-ever paying clients, rehiring her to do a series of workshops for these trauma survivors. Elisa is one of the most critical transformation stories I’ve worked with in my coaching; however, Elisa’s story stands out for more than one reason. Elisa doesn’t have a background in personal finance, she’s just a regular person like you and me who’s been through struggles. She was told that she’s not supposed to make money, yet, she was able to bust out of this mindset in less than one year.
Elisa’s Four Steps to Having a Mission-Driven Mindset
First, she became unavailable for the idea that because she is doing good work that she should not be financially supported.
Number two, she did things that made her extremely uncomfortable. I remember that this process was laborious for her, especially when she had to sit in negotiations and wait for the University to find money to pay her for her workshop. The reality of the situation is that if you want to help people and if you’re going to heal the planet, this mission will take a whole lot of resources, one of which is money.
Number three, she got clear on her purpose, vision, and goals, which gave her momentum. Her motivation has opened so many doors for her because she has conviction.
Finally, she invested in the help she needed to grow her skillset in terms of sales and negotiation.
An Invitation To Break Into Your New Mindset
I want to invite you to let 2020 be the year that you choose, you. Choose your economic transformation, just like Elisa chose hers. There is no difference between you and her.
I’ve completely revamped one of my most popular free training, and we’re now offering a free webinar called how to make your first 100 K online, even if no one knows who you are. We’ve had students take this free training, and they’re getting major brand recognition on a national radio show within one week. If you want in, all you need to do is text the word “influencer” to (305) 680-1407, and we will see you there.
Resources that are mentioned or add value to this episode:
- Persuade To Profit
- Make Money Your Honey Book
- How to Make Your First $100K Online (Even If No One Knows Who You Are)
- Multipliers The Very Best Leaders Make Everyone Smarter
- Healing Honestly – A website for survivors of sexual trauma
Book a Free Mini Coaching Session with Amanda
Click the button below to book a time to get mini coaching from me. We’ll work together to see what your next business moves are!
The post How to Have a Financial Transformation appeared first on Amanda Abella | Make Money Your Honey.
* This article was originally published here
How Income Tax Works, Part One – 5MF058
Income Tax is a part of all our lives, but how does it really work? It's important to know how income tax works, so that we can understand ways to pay a bit less of it…
Prefer to listen, rather than watch? Click the player below…
Podcast: Subscribe in iTunes | Play in new window | Download
Resources
Here are the links you need:
MeaningfulMoney YouTube channel
My book, MeaningfulMoney Handbook is here on this page
Social Media links below!
The post How Income Tax Works, Part One – 5MF058 appeared first on Meaningful Money – Making sense of Money with Pete Matthew | Financial FAQ.
* This article was originally published here
Catching FIRE with The Escape Artist
Watch the video of the podcast
This podcast is brought to you with the help of Seven Investment Management, who specialise in multi-asset investing, something I talk about a lot, and which I think should form the core of most people’s investments. 7IM have been helping me out here on MeaningfulMoney for ages, and I'm very grateful.
You can see what they’re up to at 7im.co.uk
The post Catching FIRE with The Escape Artist appeared first on Meaningful Money – Making sense of Money with Pete Matthew | Financial FAQ.
* This article was originally published here
Monday, December 30, 2019
National Insurance Explained – 5MF059
Last week we covered income Tax, and this week we need to finish that off by talking about the other income tax, which masquerades as something else – National Insurance
Prefer to listen, rather than watch? Click the player below…
Podcast: Subscribe in iTunes | Play in new window | Download
Resources
Here are the links you need:
MeaningfulMoney YouTube channel
My book, MeaningfulMoney Handbook is here on this page
Social Media links below!
The post National Insurance Explained – 5MF059 appeared first on Meaningful Money – Making sense of Money with Pete Matthew | Financial FAQ.
* This article was originally published here
My New Year’s Eve Ritual
I’m going to walk you through my step by step process. Feel free to implement these steps today!
Step #1: Take an End of Year Inventory
I’ve done this exercise for many years as this process helps me to take stock of what happened in the past year and mentally prepares me for the year to come. This time of year lends itself to reflection.
Questions to Ask When You are Taking Your End of the Year Inventory
When taking your end-of-year inventory, ask yourself these questions, and write them in your journal:
- How did you get closer to your goals?
- How did you get closer to a business goal?
- How did you get closer to a life goal?
- How did your life improve?
- How did you move toward your vision this year?
Take stock of your accomplishments for the year. My stock goals for 2019 all related to my team. Team members, support, and making sure I was delegating to others. I knew this one goal would take up most of my time, and it did. I’m proud to say that we have a super organized team as part of my goal. I’ve got Zenya now who is the first full-time employee for Make Money Your Honey, and she helps me run the backend of everything.
She also helps me keep my shit together and makes sure that she’s delegating to other members of the team so I can focus on the most critical tasks. I can focus on being there for my clients and producing special episodes because I have the support. I focus on sales, my company vision, and Zenya is my executor. She is great at getting me, and our team organized because that’s her zone of genius. I’m the big-picture creative, I have great ideas, and I know how to make money.
My Personal Financial Objectives
One of my personal finance objectives was to start learning more about real estate investing. I started making money, I was in a position where I could begin to save half of my salary, and I wanted a good investment for my money. I had started to look into different investment options, but there’s a max on the amount of money you can put into retirement and other savings accounts. I had to start finding other investment options. In 2018 I’d taken a course on investing in the stock market and stock options and very quickly learned that is not the path I want to make. This year I invested in classes to learn about real estate.
Saving Money Every Month
Which brings me to my next taking stock, I saved money this year. On average, I was saving about half my salary. It’s such a great feeling to achieve these objectives. I wasn’t perfect, as I ended up having to pay for oral surgery earlier this year, which put me behind in terms of my goal; however, most months, I was able to save money. That’s me taking stock of my objectives this year.
Step #2: How to Know Your Huge Wins
You also want to take stock of any huge wins. The reason is, you want to know how much progress you’ve made toward your objectives and your vision. Frequently we’re so focused on the future goal that we don’t realize the progress we’ve already made. See and acknowledge you are making progress. Looking at your pace keeps you going on those days when you feel you’re very far away from your goal.
What are some things that happened this year that maybe you weren’t expecting to happen? For me, one of my media dream placements came true. I’ve wanted to do more, Spanish media for a long time. I was able to film a commercial segment for Univision earlier this year. That same client sent me to Chicago to do one of my favorite activities: teaching 20 to 25-year-olds about personal finance. In this case, it was about credit education and busting credit myths. I was able to take a trip to Ohio this year for one of my clients and gave a keynote at Progressive Insurance to over 2000 employees.
Step #3: Figure Out What You Need to Purge
Step three is to take note of what has to go and must be purged. This may be people, projects, or jobs. You may have limiting beliefs, negative self-image, or negative thoughts about yourself that need to go. Some of you have self-sabotaging behaviors that need to go, to be honest.
Step #4: Take Your Next Step in the Direction of Your Dreams Today!
Do not wait until tomorrow to take a step in the direction of your dreams. I usually take my first step at the end of December. I do not wait until January 1st because, quite honestly, when you take that step isn’t essential. The day you move forward is arbitrary.
You may take a step and visit or start a savings account or sign up for Persuade to Profit today because you want 2020 to be the year that your business gets off the ground. The prices go up tomorrow for 2020, so click here to get 2019 pricing!
A lot of you have been telling me you have been looking at Persuade to Profit. Well, time to sign up and get going! Why would you wait until January? Start today.
Your Biggest Mistake: Waiting.
Waiting is a big mistake people make. They’re always putting the actions that would move them toward the goals and their dreams. They always put themselves in the future as if their life is one day going to have the perfect circumstances for them to move forward. This is just not realistic; you must make your move to achieve your goals. Waiting isn’t going to get you there.
People say, “I will do that on January 1st,” and then they don’t follow through because they lost their momentum. There is never going to be a perfect set of circumstances. There is never a perfect date on the calendar to start something. You might as well start right now and stop procrastinating. For those of you who end up signing up for Persuade to Profit today, we welcome you with open arms, and we can’t wait to hit the ground running. I want to see you at Persuade to Profit, and I’m excited to tell your story next year and how Persuade has changed your life.
We look forward to another fantastic year full of incredible client wins! Happy new year, everyone! I wish that 2020 brings you health, abundance, blessings, and love.
Resources that are mentioned or add value to this episode:
- Persuade To Profit
- Make Money Your Honey Book
- How to Make Your First $100K Online (Even If No One Knows Who You Are)
- Book a Free Mini Coaching Session with Amanda
- Multipliers The Very Best Leaders Make Everyone Smarter
Book a Free Mini Coaching Session with Amanda
Click the button below to book a time to get mini coaching from me. We’ll work together to see what your next business moves are!
The post My New Year’s Eve Ritual appeared first on Amanda Abella | Make Money Your Honey.
* This article was originally published here
567 | Is this your excuse?
Not long ago I asked what was in the way of you joining the Freedom Club and here is just one of the answers I received.
Staying The Course
Watch the video of the podcast
This podcast is brought to you with the help of Seven Investment Management, who specialise in multi-asset investing, something I talk about a lot, and which I think should form the core of most people’s investments. 7IM have been helping me out here on MeaningfulMoney for ages, and I'm very grateful.
You can see what they’re up to at 7im.co.uk
The post Staying The Course appeared first on Meaningful Money – Making sense of Money with Pete Matthew | Financial FAQ.
* This article was originally published here
How Does Travelzoo Make Money?
* This article was originally published here