money

How to Save More and Spend Less on Purpose

Money-management-pic.jpg

Image result for images of money management  

Talking about money is a pain point for many. It can cause you to become stressed and eventually lead to depression. Money struggles, lack of knowledge and concern can clearly drive one over the edge. Money woes is a real problem faced by many.

[bctt tweet="Gaining control of your finances can change your life." username="NichelleWomack"] One of the main reasons why people go bankrupt is because they cannot control their spending habits. Many of them spend far more than they have. Instead of living within their means, they are living outside and above.

Gaining control of your spending habits can prevent financial spirals such as bankruptcy. One of the main reasons why people go bankrupt is because of a lack of control over their finances. Many of them spend far more than they have. Instead of living within their means, they are living outside and above. Typically the first sign of poor money management is maxed out credit cards and the salary is spent the minute it comes in. Another is paying bills sporadically and not in their entirety.

Going bankrupt is a sign of neglect and it could be bad for your reputation. Bankruptcy used to have a major stigma attached to it. However, with so many people headed in that direction, it has now become the norm. When you file bankruptcy, your credit report is no longer clean, and this makes it very difficult to get a loan. It can be very difficult to get new credit or even buy a house. This stigma can last upwards to 10 years.

Image result for images of bankruptcy

The best way to manage your finances is to save more spend less. If you find this to be a difficult task, the following tips can assist you with getting on track.

  1. Automated payments. You could enroll as many due accounts to automatically be debited from your checking or savings account on a monthly basis. When the bills are due to be paid, the amount set will automatically be taken out of your account.  All you have to do is make sure you leave enough money in your account prior to this occurrence. If you have a little extra income, try paying more on your bills than what is due. Not only will this allow you to pay them off sooner, you will also have extra cash to save. Automated payments can help you get on track with your finances and manage them in a more responsible way.

 

  1. Less leisure and frivolous spending. Most of the time people spend money on things that are not essentials like eating out, going to the movies and buying things they don't need. Instead of eating out and spending money unnecessarily, cook a meal at home for much less. Instead of going to the movie theater, wait until the movie comes out on DVD or on your selected cable network. ( SAVE MONEY ON YOUR HOME ENTERTAINMENT)  Besides, the cost to go to the movies has skyrocketed over the years. Another way to save money is to schedule as many errands as you can in one trip. This can help you save money on gas and give you time to do other things. Another way to save is to shop only when you need to shop and do it with a list. This way you won't be going into the store and on scavenger hunt buying things you don't really need.

 

  1. Save every penny, nickel, dime and quarter.  Yes... change adds up! Try saving change that you keep in your car, around the house, and on the ground. Every day I find change laying somewhere. You might be surprised how quickly it adds up. As an example, for a whole month, I had the opportunity to save $50 dollars just with coins I would have tossed to the side unknowingly. To add to the fun, grocery stores and banks now have coin counter machines to help you count your change.

 

  1. Make saving money a game. You shouldn’t be the only one saving. Get inspired and teach your family and friends to save as well. Children should know not to ask for large amounts of money for trivial things and they should learn this at an early age.  They should understand the value of a dollar and strive to save it for a specific purpose. These teachings can carry them far in life with money management and saving. Set a goal and a date as to how much money you want to save. Upon reaching that goal, treat yourself to something special. Without going overboard of course.

 

  1. Change your pattern of thought. The mindset of saving can be thought of as depressing. Like really? What's the use of saving when you can't take it with you? If the thought is to save on purpose with the intention of using the money to stay free from debt, perhaps it will be motivating from that perspective. Stores set up traps to entice you. Commercials play on TV to lure you in. Gain greater control of your thoughts and understand that every dollar spent comes with a cost. You don’t have to be thinking about money or things all the time, but you should be thinking about the future and saving for harder times ahead. Somehow or another, hard times seem to find you when you least expect it.

 

Learn to read daily affirmations and seek out subliminal messages as a way to change your thought patterns. Set goals, plan for specific things in advance and be purposed in your desires to control money and not let it control you. Whenever you feel like spending money on something you don’t really need, repeat these statements.....

"It is imperative that I save for my future."

"My future depends on me."

"Money is a tool and I should use it as such."

"I will not let money control me. Instead, I will control it."

I hope you found this information valuable. If you did, please don't hesitate to share.

I am Nichelle Womack, your life transition, and business strategist. I aim to make you think through your thoughts, live without excuses and create a life filled with happiness, success, and financial reward. Join me on live on Periscope, Instagram and Twitter @NichelleWomack or download the podcast on iTunes @ The People Connect Podcast. Until next time, peace and blessings unto you.

 

 

 

Ways to Earn Money in YOUR NonProfit

[embed]https://youtu.be/c2HsDjf_Gqs[/embed] I am Nichelle Womack. As a people building consultant, I specialize in helping you reach your greatest potential through self-reliance and internal motivation.  I assist the dreamers, the aspiring and the new business owners to transition in their life with information and inspiration to start, market and grow into the CEO. For over 20 years I’ve been a business owner and worked in corporate America in several leadership positions.  And… for the last 10 years I’ve been the CEO of me with no J.O.B!  Positive thoughts and language are my fuel for energy and my desire to help you find yours. I can help you balance your life in and out of the boardroom with more control and authority. Looking for more great life tips, check out “The Master Tip Manual for Personal Success” @http://amzn.to/1bWA7Vw . Many blessings and much success to you!! Check out my websites @ www.nichellewomack.com and www.diversecc.com. Connect with me on Twitter, Instagram & Periscope @NichelleWomack

A Simple 6 Step Guide to Starting a Home-based Business

Are you sick and tired of building the life and lifestyle of someone else?

YOU CAN CONTROL AND OWN YOUR DESTINY

Many dream about owning their time, not punching a clock and creating a life of freedom by owning their own business. It's easier said than done because many won't make it past the wish list.  Yes.. the wish list! People wish but they never do.  Why???  Because society has brainwashed many into becoming wage slaves and many have become imprisoned in their own dreams that never become a reality.

Truth be told... You can own a business and work a job. However to have one without the other is giving one too much control over the other, especially in an uncertain economy. Many do it everyday and remain vigilant in building a legacy outside the J.O.B! In fact, I did it for years with no complaints. My job gave me the leadership skills, the extended training and the knowledge to begin to build the business of me.

What if the only things that stands between you and your dreams are the excuses that you have accepted as the truth? -Lewis Howes

STOP MAKING EXCUSES!!

So.... It's really not about the money, it's about the freedom that money gives you and the flexibility to do what you want to do. If you had more freedom to do the things you enjoy, money wouldn't ever be an issue. Below is a 6-step guide to assist you with the beginning of the journey.

Don't work 8 hours for a company then go home and not work on your own goals. You're not tired, you're uninspired!

  1. Assess what you know

You know what you are good at and what you are not so good at.  If you understand this, you are one step closer to starting a business than most. Being able to identify your strengths and your weaknesses is a skill that many do not possess. This can help you gauge if you are suitable for embark on a home business especially in your area of interest.  As a home business owner, you will need to run a lot of tasks on your own, from planning, business management to the field work. You must always be multi-tasking. Make sure you can carry out the tasks needed.

  1. Formulate business ideas

Start brainstorming! What are your interest and what are you passionate about?  What will you do for free IF you didn't need the money? We all can think of something that inspires us in life that we would love to do outside of the J.O.B. But the problem is, most need the money so thinking outside of a J.O.B. and what you really want to do almost becomes senseless.  Those inspirations that you daydream about can be made into a business idea.

  1. Test the need in the market

Make a shortlist of your ideas so that it contains only those ideas that can work for a home business. Be practical, yet think outside the box. Assess whether people will want to spend money on the kind of products or services that you intend to offer, how much and whether this will generate sufficient income proportional to your never ending or sometimes simple effort.  If no, get back to Step 2 for more ideas. You must always be in the planning and building process. Being persistent is important at this stage because many people give up after climbing the first obstacle.

  1. Understand the legal barriers to entry

There are many.. depending on what you want to do and where. Check if there are any rules or regulations controlling the starting up of a home business in your state or country and more importantly, your municipality.  This can be a hurdle and a turn off at the same time. If you don't follow the law, not only will you pay, you may be turned off from the process from the start. If their are barriers, figure out how you want to get around them and make your business happen. Don't allow these specifics hinder your dream, your progress and your success.

  1. Determine the amount of capital you need

Money, money, money... It's a real conversation and topic that stops many in their tracks when talking about starting a business. If someone tells you it's free to start a business, you better run. It's simply not true and so very close to a lie! First, you must calculate the amount of money you need to start up your home business. The cost should include the purchase of any equipment, the hiring of any professionals (e.g. lawyers), insurance, marketing materials, licenses and so forth. You might not be familiar with all these so take your time to do some price checking and bargain hunting to make certain you are getting the best match for your business and money.

  1. Execute and plan

This is the most important step! Once you have obtained a clear picture from Step 1 – 5, it is time to lay down your business plan. Find out your break-even point and how many products you need to sell in order to earn your investment.

None of this advice will work or even matter  if you don't incorporate the most important element called "ACTION." You can complain about the game or get in the game and start making a profit while building a legacy.  You can't leave your J.O.B to your heirs,  kids or your family, but you can leave a business and continue to create generational wealth as a part of your legacy.

Take ACTION today to start a new life and own it! As an MBA graduate and PhD soon to be graduate and over 20 years in business for myself, I often have people coming to me for advice about how to start a business, how to restart a business, how to market a business and how to grow a business. I've created a course based upon the hundreds of thousands of dollars I've invested in education, trial and error and everything in between. If you are ready for a new life or just seeking to add additional income to your personal portfolio, sign up today @ http://bit.ly/smallbusinessclinic

I am Nichelle Womack. As a people building consultant, I specialize in helping you reach your greatest potential through self-reliance and internal motivation.  I assist the dreamers, the aspiring and the new business owners to transition in their life with information and inspiration to start, market and grow into the CEO. For over 20 years I've been a business owner and worked in corporate America in several leadership positions.  And... for the last 10 years I've been the CEO of me with no J.O.B!  Positive thoughts and language are my fuel for energy and my desire to help you find yours. I can help you balance your life in and out of the boardroom with more control and authority. Looking for more great life tips, check out “The Master Tip Manual for Personal Success” @http://amzn.to/1bWA7Vw . Many blessings and much success to you!! Check out my websites @ www.nichellewomack.com and www.diversecc.com. Connect with me on Twitter, Instagram & Periscope @NichelleWomack

5 Reasons Why People Fear Writing Their Own Paycheck

It has been said that everyone is not meant to be an entrepreneur. I beg to differ. Most people are entrepreneurs except they enjoy working and building the businesses of others instead of themselves. Therefore, they would be classified as intrapreneurs. There is nothing wrong with that if that is what you enjoy. Taking the plunge to self-reliance can be a hurdle, discouraging and down right depressing. However, the gratifying aspect of entrepreneurship outweighs all of that. There is no other profession that allows you flexibility, the ability to control your income and the desire to change the world and have your name stamped as the custom gold seal. Listed below are 5 reasons why most people are afraid to depend on themselves for financial survival and valued appreciation. Only the strong can conquer this narrow path.

  1. Fear of the unknown- This is the greatest barrier to the success of many. It dominates, manipulates and transpires the strong into dependent, weak individuals. When you are accustomed to receiving a salary, it’s difficult to transition to possibly not receiving one. The ups and downs can be unbearable if you are not prepared in advance. You can work your job while you build your dream. Learn everything you can on your job so that you know what to and not do in order to make your business thrive.
  2. No support from others- When others don’t support your viewpoint or your choice to leave a job and become an entrepreneur, it can be lonely. One may feel as though they are isolated from the “normal” way of doing things. When in actuality you are. Sometimes you are seeking someone to answer to and there is no one there but you. This may allow you to become distracted by the thoughts and opinions of others and often give up without giving your choice of life a chance.
  3. Not enough experience- Some of the richest business owners are college dropouts. Educational level is not indicative of success. However, there is a distinct characteristic that these individuals share. All were driven from one aspect or another. Their desire was greater than their fear and their belief in themselves carried them to success. So, don't allow your lack of not knowing be your excuse. There are many tools and resources to help you learn how to do what you want to do. In essence, don't recreate the wheel, just make it unique and your own.
  4. Time involved- Starting a business is typically not an overnight success. Even though the idea can be conceptualized during that time, developing it into a successful enterprise requires a significant amount of exclusion. You must remove yourself from all that is temporary in order to create your permanent way of life. The desire to start is always present, but to actually put the dream into action can be mind boggling, not to mention time consuming and possibly costly without the right information.
  5. Lack of direction- Starting without a defined plan confuses the beginning, the middle and the end. A business plan is essential for any business venture, small or large. Most people don’t know where to begin when seeking to start a business. Therefore, they give up before it is put on paper. It remains an imagination. Some often open up shop without research and baptize their business to be doomed from the beginning. You can't travel blind, nor can you succeed without seeing the light. Jot down ideas, look at what others have done and find out how to make it happen.

There are tons of businesses one can start. Some with little investment. Whatever business you decide on, you must be committed and determined to see it succeed. Entrepreneurship is like none other. There is a sense of pride that one has which causes you to stick your chest out with a sincere accomplishment that you made it happen. There's nothing like giving yourself a raise, a vacation or even retirement when you are in control of your destiny and not relying on an employer to do it. Those who attempt to seek the bright side of life often enjoy it so much that the thought of being under the leadership of someone else becomes frightening. These fears can become strengths with self-confidence, self-reliance, guidance, a plan and a whole bunch of faith. Be determined to achieve your goals and stay focused on what you want to accomplish. If you want it, you can have it with effort and action. By the size of a mustard seed, what you want is within reach.

I WANT TO EARN EXTRA INCOME

I am Nichelle Womack. As a people building consultant, I specialize in helping you reach your greatest potential through self-reliance and internal motivation. I provide inspiration through online and community speaking engagements. Positive thoughts and language are my fuel for energy and my desire to help you find yours. Looking for more great life tips, check out "The Master Tip Manual for Personal Success" @http://amzn.to/1bWA7Vw . Many blessings and much success to you!! Check out my websites @ www.nichellewomack.com and www.diversecc.com. Connect with me on Twitter, Instagram & Periscope @NichelleWomack

LEGAL FORMS TO START A BUSINESS

 

Freedom Friday ... On a Mission Free from Debt

“The man who never has money enough to pay his debts has too much of something else.” -James Lendall Basford

Have you ever thought about what life would be debt free?

The cost of living is constantly rising and people’s personal debt is on the increase as well. People are finding it hard just to make ends meet and meet the ends. Does financial freedom exist is in most people’s minds. Most people want to know how to achieve a life that is debt free, or at the least, where the ability to pay every day expense’s and provide for the family without needing to go into debt. Those are big shoes to feel especially with the fact that daily expenses are often reoccurring. You will always have a gas bill, an electric bill and possibly a phone bill. Not to mention expenses for living life shelter, food and transportation.

“The only man who sticks closer to you in adversity than a friend is a creditor.” -Unknown

 

Nevertheless, achieving financial freedom does need not be difficult. People with a poor credit rating can turn their lives around and achieve a better rating simply by making financial goals for their life. Setting goals is the cornerstone of achieving anything in life. Financial planning is not just for the rich and famous. Anyone who wants to achieve financial freedom must and should engage in financial planning. Assistance can be obtained from a professional or one can begin the process by themselves.

Financial planning is about taking control of your financial situation instead of allowing it to control you. It is about creating goals and then committing to them. The reward for this action is the financial freedom you are so craving. This freedom will enable you to be debt free and save money regularly, while also having money to spend on the things you enjoy most in life.

Achieving financial freedom involves three major steps that you should plan on

Formulating a budget that is doable and workable

Creating a budget means ensuring income does not exceed expenditure and the goal of the budget is to create a life style plan that covers all expenses and provides extra for saving and personal spending. It involves not only listing the current income sources, but potential other sources to increase income if required. The interest paid on debts is a constant drain on finances. While it may seem logical to pay off small debts and then focus on the large ones, in fact paying off the larger debts first will save money in the long-term.

Sticking to and living within the budget

A budget is only as successful if there is commitment to live within the budget and resist impulse buying and anything that may cause voluntary over expenditure. The exception to this rule is the true emergency, which although not budgeted, is covered by the savings plan you have put in place. If you have plans to buy furniture or other expensive items, delay in doing this until you are debt-free

Build cash reserves and an emergency fund

Allocate a weekly fixed amount of money and stash it away in a savings account. Do not compromise on this amount for any reason. It is the key to your financial freedom and should be the motivation for you to make it a habit. Once you have enough for an emergency fund, typically 6-12 months of income, pay more down on your debt. As you decrease your debt, start looking towards the future for other wealth building strategies and income producing vehicles.

“Debts are like children: the smaller they are the more noise they make.” -Spanish Proverb

Earn extra income

If you full time gig is not cutting it, you may want to think about getting a part-time job or starting a business. Any extra that you earn can be used to eat down the debt. It always helps to have something extra so that you don't find yourself worn out and uninspired to meet your goals. There are many things that you can do to bring in extra money. I always advise to seek what you enjoy since you will be spending your down hours working. If working another job isn't possible, then starting a business on your schedule and time may be a bright idea.

START EARNING EXTRA INCOME TODAY!

Financial freedom may seem like a dream to many. Especially to those who are so deep in debt that it's impossible to come up for air. Nevertheless, if you stay focused on your desires and commit to making a change, being debt free is possible. You must believe it and act on your desires in order to make it a reality.

The first thing you need to do is start and succeed from there.

I am Nichelle Womack! As a people building, life transition strategist, I specialize in helping you reach your greatest potential through self-reliance and internal motivation. I provide inspiration through community speaking engagements, one on one consultation and group/team training. Positive thoughts and language are my fuel for energy and my desire to help you find yours. If you are interested in a free 15 minute session of coaching, contact me @ diversecc@gmail.com. Looking for more great life tips, check out “The Master Tip Manual for Personal Success” @http://amzn.to/1bWA7Vw . Many blessings and much success to you!! Check out my websites @ www.2ExcelWithNichelle.com and www.diversecc.com. Connect with me on Twitter and Periscope @NichelleWomack and download my podcast @ "The People Connect Podcast."

 

5 Ways to Build Business Credit

credit-pic.jpg

credit pic Personal credit is essential to your business credit success. Maintaining it would hopefully teach you how to handle more credit with more responsibility. Building credit requires good habits. Those habits must be consistent and be focus driven. This episode describes how you can get started in your journey of building the credit you need to start or grow your business.

 

[embed]http://traffic.libsyn.com/nichellewomack/5_Ways_to_Secure_Business_Credit_1.mp3[/embed]

Here's PROOF! Your Wealth is in YOUR Hands

Most don't understand the system of money creation. It's deeper than what most think. Society tells us one thing, religion tells us another and a philosophical perspective convinces us that it's too confusing. This episode will give you documented proof as to your desires regarding wealth. You can either believe it or not. The choice is yours. [embed]http://traffic.libsyn.com/nichellewomack/1-_Your_Wealth_is_in_Your_Hands1.mp3[/embed]

buy a house Home ownership is something many dream about. It is the American dream. Understanding the process and how it works gives you greater advantage and less stress during the process. Outside of getting married and having children, purchasing a home can be one of the most challenging. There are so many things to look for when you are buying a home. You must be prepared for all things because anything can happen. Don't be afraid to ask plenty of questions, choose the right team, read all the small print and be aware of your options. Getting a snapshot of the broader picture can make becoming a homeowner a pleasurable experience. The last thing you want to have is a surprise later on.

"It's easy to underestimate the real cost of home ownership." Suze Orman

1. Get pre-approved for a home loan! Do this FIRST!! This is essential, especially if you are not paying with cash. This will take the guess work out of your search. Most often people do this after they find a home and end up wasting their time. This one aspect will position you for success. You will know how much you can afford and what neighborhoods are available in your price range. The mortgage laws have changed and the criteria is much more structured. Being aware of the interest rate and the true value of what you can afford will help save you from financial hardship and distress over time.

2. Always buy less than you can afford! This is what caused the mortgage melt down from 2006 - 2008. People where being approved for homes that were way over their true budget. If you buy what you can afford, it leaves room to live, do home improvements and take care of everything else that can go wrong with a house.  Things happen and you must be prepared to act and take care of it right then and there. Otherwise it can be even more costly in the end. Also, be aware of what the utilities run on a monthly basis. You can find this out by simply picking up the phone and personally calling the utility company. In most instances, the customer service agent would be more than happy to give you an average of the cost over a twelve month period.

"Real estate is the key cost of physical retailers. That's why there's the old saw: location, location, location." Jeff Bezos

3. Location, Location, Location… The first thing you need to do when you are looking for a home is to pay close attention to the location. This big decision can affect your appraised value as well as resell in the future. Make certain you are aware of what is planned for the area. Is there any new construction? Any new shopping centers opening? Are they planning any new zoning with highways and businesses? You also want to be in an area that you feel most comfortable. Make certain that you are buying in an area that will produce great value and/or stability over the long run. The best advantage about real estate is that it is supposed to appreciate in value. After the location part, you will want to make sure that you have the right number of bedrooms and bathrooms in the home that you purchase. Many people want to have enough space for their family to live in now and grow in for later. Especially if you plan to be there longer than 5 years.

"Commercial real estate always trails residential, and as residential growth flourishes, shopping centers flourish and service the communities, and jobs come out." Johnny Isakson

4. Getting the home that you want the most is going to take some work. Keep in mind, no home is perfect but there is one that is perfect for you. It has to fit your lifestyle. You have to make sure that you are able to get the home of your dreams or at least close to it. Looking is the fun part about buying a home. You get to check out a lot of homes and with each one you will see something different that you really want in your next home. You can use all of the homes that you have looked at as a reference point and make your choice from everything they have combined. I advise my clients to choose the things they can live with and without. Then base those accommodations on a scale of 1-10. Of course 10 being the highest.

"Home ownership is the cornerstone of a strong community." Rick Renzi

5. Test the waters and start driving around neighborhoods that you are interested in.  Some neighborhoods look different during the day than they do at night. You may find activity that may not be a good fit with your family lifestyle. This will give you a greater perspective of what's going on and if it's something you are willing to live with. It's easier and less stressful to find the home of your dreams if you know what you are looking for in advance. There are many great homes that are advertised all the time and you can get a great range of homes by being proactive in your search.

6. Hire a Realtor! This should be second after obtaining a mortgage pre-approval. A Realtor is your greatest asset in the home buying process outside of the mortgage broker. They can keep you abreast of what’s new on the market, deals that haven't hit the market yet and all the ethical issues that are associated with purchasing real estate. Since they must maintain a fiduciary responsibility to their clients, the Realtor should be working on your behalf. Make certain you are clear of your expectations and what the Realtor can offer you as a partner in the process.

7. You should also make sure that you are inspecting any home that you are planning to buy. This can save you money, BIG TIME!! You need to make sure that the home you are thinking about purchasing does not have anything too major wrong with it. Home ownership is great, but it’s also expensive. If you don’t have the finances socked away for the unexpected, it may not be a great time to purchase. You need to have an inspector or someone that you trust to check all the plumbing and electricity of the home. These are two very important aspects of a home and it could be costly to repair. You have to be sure that you will not find a problem later on down the road with the home. You also should make sure that you pay attention to the roof and basement. If you do find a problem with a home that you are thinking about purchasing, see if the present owner will fix it. This request can be a part of the contract. This is where a Realtor will be handy in assisting you in negotiating the specifics. Even the cost of the inspection can be negotiated between the buyer and the seller. Sometimes you can make a deal with the present owner to have the problems fixed before you decide to buy. Unless it is being sold as is, some sellers may be flexible and willing to close the deal. This will help you out in the end and you may not have to give up on the home of your dreams.

8. Buy low... Nationwide the market is rebounding. However, there are plenty of great deals that are up for grabs. Tons of foreclosures and bank owned properties still dominate the market. This may be the perfect time to stop renting and start owning. Not to mention, owning real estate is a tax deduction and a worthy investment.

Overall, home ownership has been quoted as the American dream. Owning the title to a piece of real estate can be the beginning of your investment of wealth. Buying low and selling high is a strategic purpose of how most people begin. Finding a home that suits your family, your expectation and your desires creates years of happiness and plenty of joy.

I am Nichelle Womack! As a people building, life transition strategist, I specialize in helping you reach your greatest potential through self-reliance and internal motivation. I provide inspiration through community speaking engagements, one on one consultation and group/team training. Positive thoughts and language are my fuel for energy and my desire to help you find yours. If you are interested in a free 15 minute session of coaching, contact me @ diversecc@gmail.com. Looking for more great life tips, check out “The Master Tip Manual for Personal Success” @http://amzn.to/1bWA7Vw . Many blessings and much success to you!! Check out my websites @ www.2ExcelWithNichelle.com and www.diversecc.com. Connect with me on Twitter and Periscope @NichelleWomack.

4 Types of Human Hunger

“Making money isn't hard in itself,what's hard is to earn itdoing something worth devoting your life to” ― Carlos Ruiz Zafón

Thought of the day...

A question on the panel in #PlentifulLiving101. There are 4 types of hunger where people are striving to be fed.

1. Money - people need more of it. Something is always due or overdue. You fake the funk and rob Peter to pay Paul then go about it as if nothing is wrong with your right. You live in a fantasy because reality is too scary for sight.

An investment in knowledge pays the best interest. –Benjamin Franklin

2. Time - not enough of it exist. Work 8 hours to come home and prepare for tomorrow. You're too tired to do anything else but complain you don't have time. Waiting for Friday to eventually realize that it's Monday already and you're back to the same routine.

TIme quote 3. Security - nothing is guaranteed but life and death. I hate to inform you, but that good job isn't either. Don't be fooled and retire with just a pen. You better hope your 401K is still in tact. You should be accountable to you and everything else should be secondary. It ain't like it used to be and if it was, don't you want to be FREE.

“If a company won't hire you, why don't you start your own company? Steve Jobs created jobs, he didn't apply for them. #Startup your dreams.” Jarod Kintz

Dave Ramsey Quote 4. Spirituality - without it, people are misguided, mislead, misdirected and confused. They focus on external connections versus internal. When spirituality approaches them, they take credit for them being relieved for all of the problems above. Nothing can be done without a great relationship with the supplier. For HE provides a way to get through and be open to something new.

“Lord, make me an instrument of thy peace. Where there is hatred, let me sow love, Where there is injury, pardon; Where there is doubt, faith; Where there is despair, hope; Where there is darkness, light; And where there is sadness, joy.

O Divine Master, grant that I may not so much seek to be consoled as to console, to be understood as to understand, to be loved, as to love.

For it is in giving that we receive, It is in pardoning that we are pardoned, and it is in dying that we are born to eternal life.” ― Francis of Assisi

 

Nevertheless, the combination of money, time, security and spirituality can cause one to think long and hard or just continue going about their daily routine of existing and not living. All are needed to survive and thrive. At some point, one must have a conversation with self. Be real!! If there is lack, increase won't take place until you take action and move in a different direction in one or all areas of your life. Is it time to get busy?

“Always be smarter than the people who hire you.” ― Lena Horne

I am Nichelle Womack! As a people building, life transition strategist, I specialize in helping you reach your greatest potential through self-reliance and internal motivation. I provide inspiration through community speaking engagements, one on one consultation and group/team training. Positive thoughts and language are my fuel for energy and my desire to help you find yours. If you are interested in a free 15 minute session of coaching, contact me @ diversecc@gmail.com. Looking for more great life tips, check out “The Master Tip Manual for Personal Success” @http://amzn.to/1bWA7Vw . Many blessings and much success to you!! Check out my websites @ www.2ExcelWithNichelle.com and www.diversecc.com. Connect with me on Twitter and Periscope @NichelleWomack.

Lottery Frenzy is on High

image It sounds like a lot of money and it is. Yet, there is always a cost that comes with winning the prize. If you win, what would you do? If you don't, what will you do then?

According to math, it's not worth risking $2 to play for the $800 million Powerball jackpot http://www.businessinsider.com/powerball-lottery-expected-value-jan-9-draw-2016-1

The Top Ten Legal American Scams

Scam Pic
"The American Dream never really existed. It was a marketing scam."
-James Altucher
Have you ever thought about life from this perspective? Everyone is out to get something regardless of how they get it. The system is set up to profit by every means. If you are not keeping up with it, you can soon find yourself in great need and maybe even depending on it for survival. Even though you may agree or disagree, the reality of the situation is, everything is about business and the bottom line is to make money. Sometimes at the expense of you!

1. Insurance – They bank on you not dying, getting in a car accident or getting sick. Because if you do, they have to pay out. This business would prefer that nothing happens to their bottom line. That would mean more money in their pocket, better facilities and high rise buildings with marble floors all paid from your premiums. However, you must keep paying or else you would be at greater risk if something were to happen. The insurance business is a billion dollar industry that will continue to grow. By 2017, we will be paying over $100 billion annually to private insurance companies to secure our interest. 2. Bank Fees - You pay someone else to manage your money and they earn an interest. The banks charge you a fee when you can’t meet your day to day expenses with overdraft fees. You are also charged monthly just to bank with them. They can make as many financial errors as they want and they will be backed by the system that controls the whole scam. All they have to do is ask for a bailout or file chapter 11 and they are back in business ready to start all over again or perhaps where they left off. Whereas the average citizen, you and I, are doomed!! We can’t get a bailout when we make a big financial mistake. Yeah, you can file bankruptcy, however, you will be tarnished for years per the standards of society. A 2007 study by the Center for Responsible Lending said consumers are paying fees of $17.5 billion annually -- on automatic overdraft loans of $15.8 billion per year. 3. Mortgages – In essence, you don’t actually own the home until you have the title in your hand and your debt is free and clear. I never understood the term homeowner. It should read, “borrowing to own a home.” The bank is the lien holder and the owner until they are paid in full. The advantage of being a “person borrowing to own a home” is that you get to write off the taxes and the interest you paid throughout the year to live in or rent it out. However, the mortgage lien holders get to do the exact same thing. They also receive bailouts too when your finances are not in order. If you have to foreclose, you get nothing in return except a negative credit rating. The lien holder gets to write it off as a loss (bad debt.) So in the end, the mortgage lien holder still comes out on top, they are still in business and they have secured your home. 4. Renting a place to live – You are just paying someone else to live a good life and build their equity. While you are paying for their lifestyle, you are losing money as if you were throwing it out the window. The “person borrowing to own a home” who you pay your rent to, receives every possible advantage to even make a profit on your hard earned dollar. You probably end up paying the IRS or getting little back at the end of the year because of this. 5. Healthcare – The system is designed to keep you sick. Instead of sharing with you remedies and tools to help you get better, some physicians heavily medicate and keep you comatose from reality. In the meantime, pharmaceutical companies, hospitals and physicians are profiting off of your lack of awareness. Check out other countries and how they operate their healthcare system. Very few, if anyone is in medical debt. Our systems thrives on making a dollar, keeping corporation’s rich and impoverishing the working class. As of 2012, 75 million people reported problems paying their medical bills or were paying off medical debt, up from 73 million in 2010 and 58 million in 2005. An estimated 48 million people were paying off medical debt in 2012, up from 44 million in 2010 and 37 million in 2006 (Source: Press Release, The Commonwealth Fund.) 6. Government – If you look at what it was designed for,” to protect and serve the people”, it has totally strayed away from this principle. Instead, we live in a society that it deprives, uses and abuse power and facilitate in acts that cost the country millions. • People are geared towards a system that keeps them economically challenged with no desire to get better (food stamps). Now I agree that there is a need, especially when times get hard and there is nowhere to turn. Yet to not offer a recipient a decent salary to feed and take care of a family, it gives them nowhere else to turn. America has one • People get in political office and instead of making the situation better, they rob the people who voted them in office with greed and mistrust. Who can you trust that really has your best interest at heart? • Wars, wars and more wars… We have a war right here in our own country. There are so many homeless vets and others who could use that money right here in America. How come we can’t use some of the millions that we spend everywhere else to give people in our own back yard a better way of life? 7. Education – Only in America can one go to school and get a degree, be in debt, never make enough to pay their loans off and die with them not being paid. Look at other countries. They go to school for free and graduate with little to no educational debt. They live free of being hounded to pay back money to not only make themselves better, but the community they live in better as well. 8. Utilities – Even though it’s a privilege and a blessing to have due to the fact that third world countries don’t have them, is it necessary to profit while customers inherit significant rate increases? I mean I understand it’s a business, but it’s a needed commodity that you know one almost has to have. You have people who barely get by and it’s hard for them to maintain, yet the CEO of the company has profited while you scrap to pay your bill. 9. The Prison System – So many people do wrong and they deserve to pay the time. However, this system predicates off people doing unjustly. The owners of this enterprise profit heavily and keep people tied to a system that offers them a return visit. Free housing, healthcare, food and sometimes work. Yes work.. They do that in prison and get paid cents on the dollar. Work is done for corporate enterprises so that they don’t have to hire anyone to do it and pay them a salary. Not all jobs go overseas. Some are in your back yard and you will never know it unless you are the one running the company. Why not offer rehabilitation and career opportunities so that this cycle does not become a career? Well.. that’s cutting into their profits. So why ask why? After all, it’s a business, right? 10. Corporate America – You work for years in some companies and made them enough profits for the shareholders and stockholders to retire and live a comfortable life. You have given them the most significant aspect of your life and yet you retire with a pen, a certificate and possibly a ring. Where did that time go? Thirty years and you have nothing to show for it. In the meantime, the stockholders and CEO’s have made enough money off of your sweat, long hours and tears to retire and possibly never work again, not to mention the luxury you’ve provided their family.

One can go on and on about how everyday American citizens are taken advantage of by the system and think nothing of it. It’s something we are taught to do, understand and just go with the flow. All eyes need to be placed on what we can do to make this country better while being profitable. It shouldn’t be at the expense of the citizens who work hard every day to be screwed in the long run.

I am Nichelle Womack. As a people building, transition coach, I specialize in helping you reach your greatest potential through self-reliance and internal motivation. I provide inspiration through community speaking engagements, one on one consultation and group training. Positive thoughts and language are my fuel for energy and my desire to help you find yours. If you are interested in a free 15 minute session of coaching, contact me @ diversecc@gmail.com. Looking for more great life tips, check out "The Master Tip Manual for Personal Success" @http://amzn.to/1bWA7Vw . Many blessings and much success to you!! Check out my websites @ www.nichellewomack.com and www.diversecc.com. Connect with me on Twitter @DiverseConnect.

Live a Life Worth Repeating...

Live Life “If you start the day reading the obituaries, you live your day a little differently.”

David Levithan

For some, life zooms past us during our working years at the blink of an eye. Consistently, it’s the same daily aspect of wakening up to go to work, getting off work and turning around doing the same thing the very next day.  It's no big surprise why some ask themselves, "How did I get old so quick? Where did all the time go?" Well… time stands still for no one. Unless you use and make every second count, you will find yourself on the other hand of time with no restart button.

The issue is in the daily routine of work. The human personality has this propensity called deletion. Anything that continues to rehash, the memory does not record. Basically because it’s just not worth considering or remembering for that matter.

So…. how can we respect each experience of time and not neglect your life in the process?

The answer lies in you creating self-care, self-awareness and a desire that dwells deep inside of you. In essence, it is a realistic view of an elevated condition of familiarity with your own consideration, sentiments and daily activities. At the same time in the event that you can't do that yet, you can begin by honing in on these three thought provoking questions.

As you lie in bed and before dosing off, ask and answer these three questions:

  1. What is one thing I am thankful for on this day?
  2. What and how do I anticipate tomorrow?
  3. If I had to choose how my day will go, what would that look like?

I call these straight forward brain teasers that will encourage the beginning of creating something great? All things considered, let me share the rationale behind them. The first question requires you to thoroughly consider your day and discover something you're truly thankful for. As you do that, not only will you discover something to be thankful for, you will likewise have reviewed your whole day from a much larger perspective. In Neuro-Linguistic Programming, we call this recapping an overall perspective and justifying the importance of a circumstance. Try this! Envision placing your everyday experience into a container, put a top on it and then name it, "The Way I View My Life". Having a considerable amount of these containers in your thoughts sorts your memories into noteworthy encounters or folders per se’ instead of having them as one extensive cluster called, "My Life.. How I Hoped it Would Be".

The second question entices you to look forward in time and envision what's going to or what you hope to happen tomorrow. When you have something to anticipate, it makes this characteristic more appealing to the mind and gives you the drive and energy to make it happen. You will feel inspired the minute you wake up. It will be the first thought on your mind and your self-sensor will provoke you to act on it.

The third question uncovers your deepest desires based upon the fact that we typically decide to dream about what we need and wish for. This solidifies your path and reason which later clarifies your desire to want it even more.

If you ask yourself these three questions on a regular basis, you will have a greater respect for the time you have and it won’t seem to fly by. You will begin to focus on the important aspects about your life and have a clear perspective to do what truly matters. Live life intentionally, full of joy and do what makes you happy.

I am Nichelle Womack. As a life expansion coach, I specialize in helping you reach your greatest potential through self-reliance and internal motivation. I provide inspiration through online and community speaking engagements. Positive thoughts and language are my fuel for energy and my desire to help you find yours. Looking for more great life tips, check out "The Master Tip Manual for Personal Success" @http://amzn.to/1bWA7Vw . Many blessings and much success to you!! Check out my websites @ www.nichellewomack.com and www.diversecc.com. Connect with me on Twitter @DiverseConnect.

Start a Business with Little Capital

mlm2.png

Business pic 1

"Many people work the business wrong, then claim the business is wrong when it doesn’t work.” - Len Clements, Founder & CEO of MarketWave, Inc.

“Don’t hate what you don’t understand” - John Lennon

Most people dream of starting their own business, but most don’t have enough capital to do so. The most popular business in America is McDonald’s. It has a recognizable name and most everyone has eaten at one. To become a franchisor, the company requires a minimum of $750,000 of non-borrowed personal resources to consider you for a franchise. The average person doesn’t have that so they continue to look for something that they can afford. The reality, most brick and mortar highly profitable franchises are going to cost a significant amount of money to start. They are also going to require liquid assets and a book of financials to offer you the opportunity. Not to mention, the fees you will pay to use and profit from their name.

If you still are interested in becoming a business owner, may I suggest you consider multi-level marketing? The reason multi-level marketing or MLM’s are so popular is because of its low cost to become a business owner, the ability to work from home and the reality that you can run your own business from anywhere in the country. It literally is considered a franchise with little to no fee and the rewards are astronomical. Your small join or sign -up fee is buying a piece of a company, just like a franchise, that was started by someone else. You buy the opportunity to market the business, be the CEO of your own organization, use the products and even more, partner with other business leaders and earn an income while doing so. This income can be as large or small as you want. Depending on your efforts, your ability to learn and be coachable, you determine your growth from there. Now I must be honest and say this is not so easy to do. Just like owning a brick and mortar franchise, you must put in the work in order for it to be successful. This is the main reason why most don’t succeed at Multi-Level Marketing.

If you are considering an MLM home based business? It could be a very lucrative home based business option for you, but you should also know exactly whether or not what you are getting into is truly an MLM home based business or something else. Plus, you need to weigh out the positives and negatives of an MLM home based business before you decide that it is the right business for you.

Making sure you are actually getting involved in an MLM home based business, or multi-level marketing home based business, is important to save yourself some difficulties later. An MLM home based business involves the direct selling of products or services through the recommendations or endorsements of independent representatives/distributors. So, if you are the representative, you receive a commission on any sales that came from your endorsements. Also understand that most products sold through an MLM home based business are not necessarily advertised through mainstream media or in stores. They are considered specialty items and typically can only be purchased through you.

The confusing part of determining if your MLM home based business is legitimate is that there are a number of pyramid schemes out there that are dangerously similar to legitimate MLM home based business concepts. Remember, a pyramid scheme is illegal, and getting involved in one can cause you more trouble that it is worth. You will need to do your research into any MLM home based business that you are considering so that you are sure the MLM home based business you are going to run is valid and legal. Usually, if your investment in proportionate to the product or service you are selling, your MLM home based business will probably be valid.

There are a number of advantages to having an MLM home based business. First of all, you will be working from home where you can virtually set your own hours, which is probably why you are considering an MLM home based business in the first place. Also, you will not have to manufacture (profit saver) any products, because you are usually selling things that are already made and the MLM home based business will usually come with a pre-determined marketing plan. Many people suffer through the process of determining the most effective methods for marketing their products, but with an MLM home based business, you are relieved of that stress. Consider it a business in a box with all the bells and whistles.

The disadvantages of having your own MLM home based business, though, depends a bit on your personality. If you have good leadership skills and are as self-starter, then an MLM home based business will pose little hardship to you. However, if recruiting and selling gives you hives, then starting and maintaining an MLM home based business may be more of a challenge, since your success depends on your ability to be proactive in the business by possibly recruiting and selling your products/services.

Still, having your own MLM home based business means that you can live out your dream of being your own boss, having flexibility in your work schedule and create an extra stream of income that could possibly replace your current one. The cool thing is, you do not need any prior experience unlike most high paying jobs. You can rely on your personality, your desire to learn and your ability to share information as the benchmark to maintain your business.

Just like corporate America, MLM organizations look for leaders. Those individuals who have a desire to exceed expectations, help the organization grow and develop a rewarding lifestyle doing so. Still, do your research to make sure your MLM home based business is a legal business so that you can truly enjoy the true freedom that the MLM home based business offers. There are many opportunities to create the income and the life you deserve if you are willing to put in the sweat equity and work.

I am Nichelle Womack. As a people building coach, I specialize in helping you reach your greatest potential through self-reliance and internal motivation. I provide inspiration through online and community speaking engagements. Positive thoughts and language are my fuel for energy and my desire to help you find yours. Looking for more great life tips, check out "The Master Tip Manual for Personal Success" @http://amzn.to/1bWA7Vw . Many blessings and much success to you!! Check out my websites @ www.nichellewomack.com and www.diversecc.com. Connect with me on Twitter @DiverseConnect.

Don't Spend That Refund Check Just Yet!

Calendar - Tax Day Circled

"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." -Ronald Reagan

It's tax time again! You may not like this time of year, but many people do. Was saving money, making money or spending money on your list of resolutions for 2015? If so, here's a great opportunity to start the year off right. Don't just talk about it, be about it and just do it! Instead of using your tax refund that you allowed the government to hold all year with no interest to buy something of no value, utilize it to increase your financial portfolio and better the life of yourself and those around you. You will be much better off in the long run and you will reap what you sow. A harvest well planted grows bountiful in rewards. Listed below are 5 things you can do today to increase your net worth.

1. Buy a house. As a homeowner, you get to deduct the interest you pay to the mortgage company. Even though home ownership comes with a lot of responsibility, the good outweighs everything. Instead of being the 3rd party in a transaction, it will be you and the bank. Not you, the landlord and the bank. Home ownership helps you build wealth. You will have an opportunity to build a solid credit history with on time monthly payments.This gives you leverage. If you are renting or leasing, your landlord enjoys this benefit. He/she is basically enjoying the financial rewards of your inability to do this and creating wealth at the same time. Things have changed a lot with buying a home. I suggest you seek a qualified, licensed Realtor and mortgage professional to help you along the way.

2. Start a home-based business. You may feel that starting a business can be costly and overwhelming. Well... you are right for the most part. However, a home based business offers so much more flexibility and are typically less expensive to start versus a brick and mortar type of business. Most home based business owners start while they are still working a job to make ends meet. That's the uniqueness of this type of opportunity. Being a business owner gives you the right to write off expenses while conducting business. It also provides you with another means of income and you are not so dependent on your job. Business owners save an average of $500.00 monthly on their taxes and that's just the tip of the iceberg. That's about 10 to 18 percent. You have the flexibility to do what the average tax payer cannot do which gives you more diversity in your portfolio. You can deduct home office space, utilities, gifts and incentives to name a few. Check with your local tax advisor about the advantages in your state.

3. Invest in stock options. Even though the Dow has its ups and downs, your money has a greater chance to increase versus being placed in a bank account at 0.5% to 2% interest. Search and investigate the companies growth history over the last five years so that you can make a wise decision. Hire a broker if you don't feel comfortable with your knowledge. Join an investment club, watch you-tube videos and read books. There's so much information available at your fingertips about how to build wealth.

4. Pay off credit card debt with the highest interest. Most of your monthly payment is going towards the interest and not the balance. This activity makes it literally impossible to ever pay it off in a reasonable amount of time. Debt is the handicap of wealth. The only way to get rid of it is to stop accumulating it. Credit card debt can be good and bad. Depending on what you are using it for justifies its value.

5. Donate to charity. This is the most rewarding aspect of giving. You haven't been blessed until you can bless someone else. Not only will you impact the lives of others, but you will contribute to your personal well being by utilizing it as a deduction next year to do the same thing again or find a new cause. Find a charity you are passionate about. Utilize its mission to make you a better person. Get involved with the charity and its purpose. Your time and donation will be indispensable to those in need.

I hope you found these five tips worthy. Encourage others to take this challenge. Be the spearhead of this endeavor and watch how your life and your circumstance will change for the better. Not only will you be happier, you will also feel more accomplished. Blessings!

"The person who does not know where his next dollar is coming from usually does not know where his last dollar went." -Unknown

I am Nichelle Womack. As a people building coach, I specialize in helping you reach your greatest potential through self-reliance and internal motivation. I provide inspiration through online and community speaking engagements. Positive thoughts and language are my fuel for energy and my desire to help you find yours. Looking for more great life tips, check out "The Master Tip Manual for Personal Success" @http://amzn.to/1bWA7Vw . Many blessings and much success to you!! Check out my websites @ www.nichellewomack.com and www.diversecc.com. Connect with me on Twitter @DiverseConnect.