The BAG Lady Radio Show Presents the Financial Self-Defense Series: Using what others have to get what you want. This is the first of a series of broadcasts with live interactions and callers about credit, finance and "God's Money".

1. The B.A.G. Lady Radio Show
Presents
Financial Self Defense:
Using what others have to get what you want

2. WELCOME!
• I am glad you are here!
• Be sure to leave feedback on my FaceBook Wall
https://www.facebook.com/BumbleBee.Ellis
• Call in with your questions to 404-603-8770
• Have a pen, paper and a mirror handy… we got
some WORK to do!
• We will discuss making money or saving money
• We are going to talk about 3 very specific things
today, if time allows. They are:
– Credit
– Debt
– God’s Money

3. WHO I AM“One of my favorite stories is of two gravely ill men in the hospital. The one near the
window delights in sharing the majesty and beauty of the world outside to his
contemporary, who, being in constant pain and immobile, looks forward to being regaled by
his equally ill roommate. Upon the inevitable passing of the first man, the second demands
to be moved to the window so that he can marvel at the world outside; only to learn that
there was no window and his companion had been blind all along. Of these two men, I most
identify with the blind man who could see beauty and wonder when others lack vision.”
-Mary Ellis, CEO/Founder Golden Hearts Holdings, Inc.
Mary Norris-Ellis
Credit Coach | Speaker | Trainer | God's Gift to Broadcast!
Mary Ellis is a Kingdom Builder. She is a gifted speaker, a captivating story-teller, a skilled trainer and an
accomplished financial literacy and credit coach, who leads clients and students through the tedious and
complicated worlds of consumer credit and finance, using biblical principles and simple strategies that
yield PROVEN results.
Mary is also an entertainer and show personality, as featured on “The Credit Reality Show” and is the
creator and producer of the “B.A.G. Lady Radio Show”
She is also a member of several professional women’s organizations
An entrepreneur at heart, Mary left Miami, FL, where she was born and raised, taking a leap of faith by
moving to Atlanta, GA in 2006. She is a loving wife, devoted mother of three and proud GlamMa!
Subscribe to her YouTube Channel http://www.youtube.com/c/Goldenheartsholdings and can check out
her radio broadcasts at http://www.blogtalkradio.com/goldenheartsholdings!

4. Let’s Stay In Touch!
#GodsMoney
#FinancialSelfDefense
#CreditMoney
#MakeTodayGolden
#GoldenHeartsHoldings
#UndeniableCredit
-> Don’t forget the # <-

5. Be Part of the Conversation!
#GodsMoney
#FinancialSelfDefense
#CreditMoney
#MakeTodayGolden
#GoldenHeartsHoldings
#UndeniableCredit
DOWNLOAD THE WWWE APP

6. Be Part of the Conversation!
DOWNLOAD THE WWWE APP
#GodsMoney
#FinancialSelfDefense
#CreditMoney
#MakeTodayGolden
#GoldenHeartsHoldings
#UndeniableCredit

7. Basics of Finance – Vocabulary Words
• Account
• Annual
• Banking
• Bills
• Budget
• Checking
• Cost
• Credit
• Debt
• Expenses
• Finance
• Income
• Interest
• Investment
• Money
• Percentage
• Price
• Prime
• Savings
• Sub-Prime
• Tithes

8. • Bills
•Debt
•Cost of Life Expenses
•Savings
Is there a Difference?Is there a Difference?Is there a Difference?Is there a Difference?

9. Bills versus Debt
Bills
• Occur on a regular cycle (monthly, semi-monthly, weekly, etc.)
• Amounts may vary from cycle to cycle
• Immediate to short term effects
• Directly related to your health and/or comfort
• There is no “pay-off” – Bills keep coming
Debt
• Usually monthly, but may occur more frequently
• May be larger amounts and connected to larger purchases (buying on
time)
• Long-Term effects, including future ability to purchase
• Likely to affect your credit rating
• There is a “pay-off” amount
Is there a Difference?Is there a Difference?Is there a Difference?Is there a Difference?

10. Cost of Life Expenses and Savings
Cost of Life Expenses
• Unavoidable
• Immediate effect
• Necessary for sustaining life
• Irregular amounts/Occasional expense
Savings
• Should be mandatory in your life
• Immediate, medium and long-term effect
• Impacts your ability to purchase
• Has an effect on your future and planning
Is there a Difference?Is there a Difference?Is there a Difference?Is there a Difference?

11. Formula for Life
10% - Tithe
20% - Savings
70% - Life
My RecommendationsMy RecommendationsMy RecommendationsMy Recommendations
Yours to Keep and/or Manage
What you owe to LIFE!

12. “For where your treasure is, there will your
heart be also.” – Matthew 6:21 KJV
At, Above or Below?At, Above or Below?At, Above or Below?At, Above or Below?
“I declare that my future self can count on my today self! I will make
decisions TODAY that will ensure my aid and comfort tomorrow. From
THIS moment on, I will be honest WITH myself FOR myself. I am the
change I have been seeking. I can do all things through Christ who
strengthens me.”

13. LEARN
GROWREPEAT
www.GoldenHeartsHoldings.com 2015 ©All Rights Reserved

14. S.W.O.TS.W.O.TS.W.O.TS.W.O.T. Analysis. Analysis. Analysis. Analysis
STRENGTHS WEAKNESSES
OPPORTUNITIES THREATS
S.W.O.T.
Analysis

15. S.O.T.
THREATS
OPPORTUNITIES

16. Break Time!!!
One of my Favorite Songs!One of my Favorite Songs!One of my Favorite Songs!One of my Favorite Songs!

17. Let’s Stay In Touch!
#GodsMoney
#FinancialSelfDefense
#CreditMoney
#MakeTodayGolden
#GoldenHeartsHoldings
#UndeniableCredit
-> Don’t forget the # <-

18. How Reliable is the
information in your credit
file?

19. It’s all about perspective…
– The US Population is 313,914,040 (as of June 2012)
– According to this report, the Big Three Credit Reporting
Companies (Experian, Equifax and TransUnion) are keeping files
on 200,000,000 Americans
– The Population of New York City is approximately 8,336,697 (as
of June 2010)
– The Population of Metro Atlanta is approximately 6,000,000
• But over 40,000,000 credit reports have errors in them and
roughly about 20,000,000 are serious enough to cause
seemingly insurmountable problems for consumers
• This report is furnished by the Federal Trade Commissions
(FTC) at http://ftc.gov/opa/2013/02/creditreport.shtm

20. What is Credit?
• cred·it /ˈkredit/ noun – “The ability to obtain
goods or services before payment, based on
the trust that payment will be made in the
future: ‘unlimited credit’.”
• Synonyms - noun. trust - faith - credence -
honor – belief
• Leverage

21. Some basic terminology
• Credit file: A detailed history of money you have
borrowed, credit you have used and whether you make
bill and debt repayments on time. A credit file may list
employment history as well as present and residences.
• Credit Rating / Credit Score/Credit Grade: An
alphanumerical score calculated using the information
in your credit file. The credit rating is often used to
determine a borrower's credit worthiness and is
sometimes referred to as a credit score.
• Credit check: A process where a person has his or her
credit history reviewed before credit is extended.

22. Who Governs the Credit Industry?
• The entire Credit Industry is overseen by the Federal Trade
Commission
• It is governed by US Codes 15 and 16
• United States Code (15 U.S.C. § 1681 – 1681u. and 15 U.S.C. § 1692g)
– Fair Credit Reporting Act (FCRA)
• Credit Reporting Agencies
• Credit Bureaus
• Consumer Reporting Agencies
– Fair Debt Collections Practices Act (FDCPA)
• Credit grantors
• Debt Collectors
• Employers
• Text of Fair Credit Reporting Act of 1970, 15 U.S.C. §§ 1681-1681u.
• FTC Commentary on FCRA, 16 C.F.R. Part 600.
• FTC Staff Opinion Letters on the FCRA.

23. Where does credit come from, who uses it and
what is it used for?
• Department stores
• Landlords
• Mortgage lenders
• Employers
• Student loan providers

24. We call it CREDIT… but the way we are
taught to use it, it really feels like
DEBT!
Is it Credit or Is it Debt?

25. The State of Debt in America:
A Cautionary Commentary
by CardHub CEO, Odysseas Papadimitriou
• The economy appears to be rapidly improving. Almost 3 million jobs were added
in 2014 and the year ended with the lowest unemployment rate in recent
memory: 5.6% - meaning that almost 94 people out of 100 was gainfully
employed (confirm USDOL’s definition of employment/unemployment).
• CardHub.com released 2014 Credit Card Debt Study – Consumer credit card debt
statistics is an indicator of spending trends and household financial health
• The fact that defaults are at their lowest level since WalletHub began tracking
credit card debt six years ago also indicates that consumers have the financial
wherewithal to remain current on their obligations. That’s the good news.
• The bad news is that while economic gains are making our spending habits
sustainable for now, attitudes toward debt have not improved since the Great
Recession. Consumers ended 2014 with a $57.1 billion net gain in credit card debt,
and CardHub now projects that we will incur more than $60 billion in new credit
card debt during 2015 – a 5% increase. We’ve now had six consecutive quarters of
year over year increases in our credit card debt load.
• As a result, we must strive to remember the corrosive impact of debt on
household finances during the recession and work to get out from under its
influence before the burden becomes unbearable again.

26. Reflect on that for a moment
• What did you hear?
• What did you feel?
• What will you do?

27. I am here to help!
• The only constant is CHANGE!
• Any meals you REALLY like and no matter how
hard you try at home, it’s just slightly off from
the way they do it at the restaurant?
• Is there anyone here who does their own hair?
Nails? Fix their own car? Make your own
clothes? File your own taxes? Do your own
dentistry? Perform your own medical
procedures?

28. How I Can Help You
• Personal Credit Coaching
• Credit Rebuilding Services – Not Credit Repair
• Workshops in Atlanta
• Transferring your paper money into other wealth
vehicles, such as Gold

29. Announcements and Special Offers
Leap Year Special on credit services:
• $300 to start with payment options over the
next 2 months
• $200 off if you pay in full to get started
• Up to $400 referral fee
• Special pricing for couples – married, living
together, close relations, i.e., mother-
daughter, sister-brother, etc.

30. Announcements and Special Offers
• Special pricing for the April 2nd, 2016 Make Up
Your Mind Tour stop in Atlanta (Text for
discounted price at 678-856-3258)
• Special pricing available for groups of 10 or
more
• Seating is limited
• Ask about our Goddess Empowerment
Women’s Only Networking Event on February
10th, 2016

31. Announcements and Special Offers
• Part 2 of this presentation “God’s Money” will
air on Thursday February 25th, 2016
• Converting declining currencies into more
stable vehicles, such as currency grade Gold
• Open a gold savings account for free by going
to
https://www.karatbars.com/?s=goldenheartm
ary

32. Thank you for Tuning In andThank you for Tuning In andThank you for Tuning In andThank you for Tuning In and
Participating!Participating!Participating!Participating!

33. KINGDOM BUILDER
GIFTS
ADVOCATE
CHAMPION
FINANCIAL LITERACY AND CREDIT COACH
WRITER
ADMINISTRATOR
MORE THAN 20 YEARS IN THE MARKETPLACE
VOICE ACTRESS
RADIO PERSONALITY
TEACHER AND PREACHER