SlideShare a Scribd company logo
1 of 31
5 Money-Draining
Mistakes That Keep You
Broke & Broken
Hosted by Building Bridges Consulting & The LADIES Group NFP
This webinar is free; however, please consider giving a donation. All
donations will benefit The L.A.D.I.E.S. Group NFP. For more
information, visit our Go Fund Me campaign
at http://gofundme.com/theladiesgroup
support@coachniquenya.com
@coachniquenya
 President & CEO of Building Bridges Consulting
 Founder & Creator of The LADIES Group NFP
 Director of Networking in High Heels
 VP of Membership – West Ridge Chamber of Commerce
 Small Business Consultant
 Executive Coach
 Corporate Trainer
 Motivational Speaker
 Author
support@coachniquenya.com
@coachniquenya
 Product of a single parent home
 Lived in public housing
 Supported by public assistance
 Teenage mom
 Poor financial management habits
 Bad credit
 Financially illiterate
 Smart girl with no money
support@coachniquenya.com
@coachniquenya
 Unhappy with my financial situation
 Affected every other area of my life
 Knew I was smarter than that
 Wanted something different
 Chose to do something about it
 Actively worked to do something about it
 Started my business to teach others how
 Passionate about helping people to overcome financial
distress
 POVERTY IS A CHOICE!
This webinar is for you if you’re…
 Tired of being broke
 Want to make more money
 Want to create alternative income streams
 Want to become financially free
 Want to build a legacy
@coachniquenya
Agenda
 Identify the 5 mistakes you are making that are keeping you broke
 Master your mindset to attract and retain more money
 Explore the 4 main money methodologies
 Apply easy actions to fix your finances now
 How I can help
@coachniquenya
What’s stopping you now?
You’re probably making one or more of the 5 money-draining
mistakes that are keeping you broke and broken!
I will show you exactly how you can move past this place of
lack and into the warmth of self-sufficiency.
@coachniquenya
The 5 Money-Draining Mistakes That Are
Keeping You Broke & Broken…
@coachniquenya
Mistake #1 - Failure to plan
 Failing to plan is planning to fail
 You need a budget to keep you on track with your goals
 Do you know your net worth? (ASSETS – LIABILITIES)
 Includes every type of income and expense
@coachniquenya
Mistake #2 - Lack of Savings
 Can’t predict the future
 Emergency situations
 Education
 Financial goals (car, home, vacation, etc.)
 Peace of mind
@coachniquenya
Mistake #3 - Spending Beyond Your Means
 Overspending leads to financial disaster
 Distressed by stress
 Rob Peter to pay Paul
 Unhealthy risks with negative consequences
 Health
 Relationships
 Career
@coachniquenya
Mistake #4 - Don’t Diversify Income
 Employers aren’t loyal
 Workforce is competitive
 Customers don’t pay and businesses close
 Bad things happen to good people (illness, accidents, etc.)
 What’s your Plan B?
@coachniquenya
Mistake #5 – Avoid Talking About It
 Unaware of your situation – knowledge is power
 Unfair assumptions and expectations
 Upside down trying to keep up appearances
 Pass down financial illiteracy to children
 Creditors know more about your finances than you do!
@coachniquenya
Recap of the 5 Money-Draining Mistakes
1. Failure to plan
2. Lack of savings
3. Spending beyond your means
4. Don’t diversify income
5. Avoid talking about it
@coachniquenya
Why are you making these 5 mistakes?
#1 Reason - You haven’t
mastered your
money mindset!
@coachniquenya
What is your money mindset?
 What relationship do you have with money?
 Shaped by the things you have been taught growing up
 Influenced by parents, teachers, peers, and even your spouse
 If you believe money to be the root of all evil then you will
unconsciously avoid making it and keeping it!
@coachniquenya
Think about your money mindset and
the mistakes you’ve been making…
1. Failure to plan – might mean you haven’t learned discipline
2. Lack of savings – might mean money isn’t important to you
3. Spending beyond your means – might mean you’re used to being spoiled
4. Don’t diversify income – might mean you rely too heavily on others
5. Avoid talking about it – might mean money makes you uncomfortable
@coachniquenya
Ask yourself…
1. Does money make you uncomfortable? Can you talk about it?
2. Are you satisfied with your life?
3. How do you view yourself? Are you successful, struggling?
4. What are your earliest memories around money?
5. How do/did your parents handle money matters?
6. What sentence best describes how you feel about wealth?
7. Did you consider yourself rich or poor growing up?
8. Was money a source of conflict growing up?
9. Does money play a central theme in your thinking?
10. How would you rate your level of stress around money?
@coachniquenya
 You bring your money mindset into adulthood
 When you grow up with lack you will feel less comfort with attracting and
maintaining wealth
 Your money mindset helps you to know if you’re heading in the right direction
 Exploring your money mindset sheds light on your beliefs and habits
 Do you need to change your money mindset?
@coachniquenya
Your Money Mindset Is Important!
1. Earn – income generation from a job or business
2. Spend – bills and other expenditures
3. Save – safety net and emergency fund
4. Invest – asset and wealth creation
What can you do to master your money mindset now?
@coachniquenya
The 4 Main Money Methodologies
1. Earn Money
 Get a second job or career that pays what you’re worth
 Create one or more sources of self-employment
 Monetize skills and hobbies (become a contractor)
 Ask for salary/wage increases regularly
@coachniquenya
2. Spend LESS Money
 Stick to a budget
 Include entertainment (things you like to do)
 Never spend more than you earn!
 Seek ways to cut spending by addressing bad habits first
 Smoking
 Eating Out
 Drug/Alcohol Abuse
@coachniquenya
3. Save Money
 Pay yourself first
 Maintain an emergency fund
 Take advantage of direct deposit
 Participate in rewards programs
 Add couponing to your savings strategy
@coachniquenya
4. Invest Money
 Make your money work for you!
 Take calculated risks
 Purchase assets that earn money
 Stocks & Bonds
 Home & Other Rental Property
 Warning – Cars are NOT assets!
@coachniquenya
BONUS - TALK ABOUT MONEY!!!
 Have regular, open communications about money with…
 Spouse or significant other
 Children
 Siblings
 Trusted friends
 Seek an expert!
 Financial Advisor
 Coach
@coachniquenya
As your coach, I can help you to…
 Identify and master your money mindset!
 Set clear financial goals and objectives!
 Explore alternative income streams!
 Overcome challenges and obstacles!
 Regain clarity, focus, control, and peace of mind!
@coachniquenya
During your program you can…
 Get control over your finances
 Set a realistic budget
 Learn how to talk about money effectively
 Fix your credit
 Start or grow a business
 And much more…!
@coachniquenya
Master My Money Mindset Program™
3-month, one-on-one support and accountability includes…
 Comprehensive questionnaire to explore your mindset ($97)
 Biweekly, 30-minute strategy sessions ($997)
 Unlimited email support between sessions ($97)
 Done-for-you templates for your guaranteed success ($97)
 BONUS: Do-It-Yourself Easy Credit Repair Guide ($9.97)
@coachniquenya
Special Limited Time Offer…
Master My Money Mindset Program™
Only $149 per month!
Over $1297.00 Value!
~Only 10 spots available~
@coachniquenya
Special Limited Time Offer…
Master My Money Mindset Program™
Only $149 per month
Over $1297.00 Value!
~Only 10 spots available~
Register now - http://bit.ly/mastermymoney
@coachniquenya

More Related Content

What's hot

How to become wealthy
How to become wealthyHow to become wealthy
How to become wealthyMel Feller
 
Money Management and Financial literacy for school students - Mumbai by Thoug...
Money Management and Financial literacy for school students - Mumbai by Thoug...Money Management and Financial literacy for school students - Mumbai by Thoug...
Money Management and Financial literacy for school students - Mumbai by Thoug...Vinay Gada
 
How To Inspire People and Change Their Life
How To Inspire People and Change Their LifeHow To Inspire People and Change Their Life
How To Inspire People and Change Their LifeInshan Meahjohn
 
Guide to Gift Giving All Year Long
Guide to Gift Giving All Year LongGuide to Gift Giving All Year Long
Guide to Gift Giving All Year LongFiverr
 
Role model
Role modelRole model
Role modelwpsrm15
 
#ProjectYouth Handbook_SPC_june19
#ProjectYouth Handbook_SPC_june19#ProjectYouth Handbook_SPC_june19
#ProjectYouth Handbook_SPC_june19OmphemetseManana
 
Inshan Meahjohn | Top Ten Qualities Of An Entrepreneur
Inshan Meahjohn | Top Ten Qualities Of An EntrepreneurInshan Meahjohn | Top Ten Qualities Of An Entrepreneur
Inshan Meahjohn | Top Ten Qualities Of An EntrepreneurInshan Meahjohn
 
What To Expect When You're Expecting, To Become an Entrepreneur
What To Expect When You're Expecting, To Become an EntrepreneurWhat To Expect When You're Expecting, To Become an Entrepreneur
What To Expect When You're Expecting, To Become an EntrepreneurDavid A. Pride
 
Goal setting for a better financial future.
Goal setting for a better financial future.Goal setting for a better financial future.
Goal setting for a better financial future.Conrad Francis
 
2 Easy High School Fundraising Ideas that Boost Sales
2 Easy High School Fundraising Ideas that Boost Sales2 Easy High School Fundraising Ideas that Boost Sales
2 Easy High School Fundraising Ideas that Boost SalesBig Fundraising Ideas
 
Developing Yourself Professionally and Personally, through starting a nonprofit
Developing Yourself Professionally and Personally, through starting a nonprofitDeveloping Yourself Professionally and Personally, through starting a nonprofit
Developing Yourself Professionally and Personally, through starting a nonprofitRyan Witt
 
Getting Major Donors
Getting Major DonorsGetting Major Donors
Getting Major Donorskjhorn
 
(8/15) Personal Branding - Social Media
(8/15) Personal Branding - Social Media(8/15) Personal Branding - Social Media
(8/15) Personal Branding - Social Mediajoan_tubau
 
Fin win Financing Your Dreams - Gyaandeep - DEAL
Fin win Financing Your Dreams - Gyaandeep - DEALFin win Financing Your Dreams - Gyaandeep - DEAL
Fin win Financing Your Dreams - Gyaandeep - DEALDEAL Training Solutions
 
Improving Performance Tips
Improving Performance TipsImproving Performance Tips
Improving Performance TipsLee Mark
 
tiens international,network marketing,business
tiens international,network marketing,businesstiens international,network marketing,business
tiens international,network marketing,businessariniazi
 

What's hot (20)

How to become wealthy
How to become wealthyHow to become wealthy
How to become wealthy
 
Money Management and Financial literacy for school students - Mumbai by Thoug...
Money Management and Financial literacy for school students - Mumbai by Thoug...Money Management and Financial literacy for school students - Mumbai by Thoug...
Money Management and Financial literacy for school students - Mumbai by Thoug...
 
Lead your life
Lead your lifeLead your life
Lead your life
 
How To Inspire People and Change Their Life
How To Inspire People and Change Their LifeHow To Inspire People and Change Their Life
How To Inspire People and Change Their Life
 
Guide to Gift Giving All Year Long
Guide to Gift Giving All Year LongGuide to Gift Giving All Year Long
Guide to Gift Giving All Year Long
 
3 Reminders for Entrepreneurship Newbies
3 Reminders for Entrepreneurship Newbies3 Reminders for Entrepreneurship Newbies
3 Reminders for Entrepreneurship Newbies
 
Role model
Role modelRole model
Role model
 
Thinking bigger
Thinking biggerThinking bigger
Thinking bigger
 
#ProjectYouth Handbook_SPC_june19
#ProjectYouth Handbook_SPC_june19#ProjectYouth Handbook_SPC_june19
#ProjectYouth Handbook_SPC_june19
 
Coffee Moments
Coffee MomentsCoffee Moments
Coffee Moments
 
Inshan Meahjohn | Top Ten Qualities Of An Entrepreneur
Inshan Meahjohn | Top Ten Qualities Of An EntrepreneurInshan Meahjohn | Top Ten Qualities Of An Entrepreneur
Inshan Meahjohn | Top Ten Qualities Of An Entrepreneur
 
What To Expect When You're Expecting, To Become an Entrepreneur
What To Expect When You're Expecting, To Become an EntrepreneurWhat To Expect When You're Expecting, To Become an Entrepreneur
What To Expect When You're Expecting, To Become an Entrepreneur
 
Goal setting for a better financial future.
Goal setting for a better financial future.Goal setting for a better financial future.
Goal setting for a better financial future.
 
2 Easy High School Fundraising Ideas that Boost Sales
2 Easy High School Fundraising Ideas that Boost Sales2 Easy High School Fundraising Ideas that Boost Sales
2 Easy High School Fundraising Ideas that Boost Sales
 
Developing Yourself Professionally and Personally, through starting a nonprofit
Developing Yourself Professionally and Personally, through starting a nonprofitDeveloping Yourself Professionally and Personally, through starting a nonprofit
Developing Yourself Professionally and Personally, through starting a nonprofit
 
Getting Major Donors
Getting Major DonorsGetting Major Donors
Getting Major Donors
 
(8/15) Personal Branding - Social Media
(8/15) Personal Branding - Social Media(8/15) Personal Branding - Social Media
(8/15) Personal Branding - Social Media
 
Fin win Financing Your Dreams - Gyaandeep - DEAL
Fin win Financing Your Dreams - Gyaandeep - DEALFin win Financing Your Dreams - Gyaandeep - DEAL
Fin win Financing Your Dreams - Gyaandeep - DEAL
 
Improving Performance Tips
Improving Performance TipsImproving Performance Tips
Improving Performance Tips
 
tiens international,network marketing,business
tiens international,network marketing,businesstiens international,network marketing,business
tiens international,network marketing,business
 

Similar to 5 Money-Draining Mistakes That Keep You Broke & Broken

Simplify, Consolidate & Asses - Wealth Management 101
Simplify, Consolidate & Asses - Wealth Management 101Simplify, Consolidate & Asses - Wealth Management 101
Simplify, Consolidate & Asses - Wealth Management 101Sucré-Vail Wealth Advisors
 
ACQUIRING FINANCIAL INTELLIGENCE
ACQUIRING FINANCIAL INTELLIGENCEACQUIRING FINANCIAL INTELLIGENCE
ACQUIRING FINANCIAL INTELLIGENCECharity Anyika
 
Part V: Redefining Life in Retirement, Post-Divorce
Part V: Redefining Life in Retirement, Post-DivorcePart V: Redefining Life in Retirement, Post-Divorce
Part V: Redefining Life in Retirement, Post-DivorceAnn Steward
 
Online Business Success
Online Business SuccessOnline Business Success
Online Business Successcasa
 
The three aspects of money
The three aspects of moneyThe three aspects of money
The three aspects of moneyLaja Shoniran
 
Money Matter - Bringing you insights into the dynamics of money
Money Matter - Bringing you insights into the dynamics of moneyMoney Matter - Bringing you insights into the dynamics of money
Money Matter - Bringing you insights into the dynamics of moneyAndre Jankowitz
 
Procrastinator's Guide To Goals
Procrastinator's Guide To GoalsProcrastinator's Guide To Goals
Procrastinator's Guide To GoalsTom Fox
 
My Notes on Robert Kiyosaki's - What the Rich invest in
My Notes on Robert Kiyosaki's - What the Rich invest inMy Notes on Robert Kiyosaki's - What the Rich invest in
My Notes on Robert Kiyosaki's - What the Rich invest inRaakesh Thayyil
 
Np Your Future Ppt
Np Your Future PptNp Your Future Ppt
Np Your Future Pptkewin
 
Finding your financial flow
Finding your financial flowFinding your financial flow
Finding your financial flowLea Schodel
 
Money Talk Book- Chapter 1
Money Talk Book- Chapter 1Money Talk Book- Chapter 1
Money Talk Book- Chapter 1Barbara O'Neill
 
7 Habits of Highly Effective People
7 Habits of Highly Effective People7 Habits of Highly Effective People
7 Habits of Highly Effective Peoplesheharyar khan
 
Managing Personal Finance for Teachers
Managing Personal Finance for TeachersManaging Personal Finance for Teachers
Managing Personal Finance for Teachersakinwunmi adelanwa
 
Building a Strong Financial House 4-29-2011
Building a Strong Financial House 4-29-2011Building a Strong Financial House 4-29-2011
Building a Strong Financial House 4-29-2011Tim Mooney
 
BUDGETING AS ADULTS.pptx
BUDGETING AS ADULTS.pptxBUDGETING AS ADULTS.pptx
BUDGETING AS ADULTS.pptxJoewelDRamirez
 
Free yourself from fear to achieve your goals
Free yourself from fear to achieve your goalsFree yourself from fear to achieve your goals
Free yourself from fear to achieve your goalsmd ziauddin
 
Frankfinn Presentation on Personality Development -Merit by Hricha Dhungel
Frankfinn Presentation on Personality Development -Merit by Hricha DhungelFrankfinn Presentation on Personality Development -Merit by Hricha Dhungel
Frankfinn Presentation on Personality Development -Merit by Hricha DhungelHrichaDhungel
 
Turning point final_5_30
Turning point final_5_30Turning point final_5_30
Turning point final_5_30Self Employed
 
Slides from Elephants Abroad pilot conference
Slides from Elephants Abroad pilot conferenceSlides from Elephants Abroad pilot conference
Slides from Elephants Abroad pilot conferenceElephantsAbroad
 

Similar to 5 Money-Draining Mistakes That Keep You Broke & Broken (20)

One Goal at a Time
One Goal at a TimeOne Goal at a Time
One Goal at a Time
 
Simplify, Consolidate & Asses - Wealth Management 101
Simplify, Consolidate & Asses - Wealth Management 101Simplify, Consolidate & Asses - Wealth Management 101
Simplify, Consolidate & Asses - Wealth Management 101
 
ACQUIRING FINANCIAL INTELLIGENCE
ACQUIRING FINANCIAL INTELLIGENCEACQUIRING FINANCIAL INTELLIGENCE
ACQUIRING FINANCIAL INTELLIGENCE
 
Part V: Redefining Life in Retirement, Post-Divorce
Part V: Redefining Life in Retirement, Post-DivorcePart V: Redefining Life in Retirement, Post-Divorce
Part V: Redefining Life in Retirement, Post-Divorce
 
Online Business Success
Online Business SuccessOnline Business Success
Online Business Success
 
The three aspects of money
The three aspects of moneyThe three aspects of money
The three aspects of money
 
Money Matter - Bringing you insights into the dynamics of money
Money Matter - Bringing you insights into the dynamics of moneyMoney Matter - Bringing you insights into the dynamics of money
Money Matter - Bringing you insights into the dynamics of money
 
Procrastinator's Guide To Goals
Procrastinator's Guide To GoalsProcrastinator's Guide To Goals
Procrastinator's Guide To Goals
 
My Notes on Robert Kiyosaki's - What the Rich invest in
My Notes on Robert Kiyosaki's - What the Rich invest inMy Notes on Robert Kiyosaki's - What the Rich invest in
My Notes on Robert Kiyosaki's - What the Rich invest in
 
Np Your Future Ppt
Np Your Future PptNp Your Future Ppt
Np Your Future Ppt
 
Finding your financial flow
Finding your financial flowFinding your financial flow
Finding your financial flow
 
Money Talk Book- Chapter 1
Money Talk Book- Chapter 1Money Talk Book- Chapter 1
Money Talk Book- Chapter 1
 
7 Habits of Highly Effective People
7 Habits of Highly Effective People7 Habits of Highly Effective People
7 Habits of Highly Effective People
 
Managing Personal Finance for Teachers
Managing Personal Finance for TeachersManaging Personal Finance for Teachers
Managing Personal Finance for Teachers
 
Building a Strong Financial House 4-29-2011
Building a Strong Financial House 4-29-2011Building a Strong Financial House 4-29-2011
Building a Strong Financial House 4-29-2011
 
BUDGETING AS ADULTS.pptx
BUDGETING AS ADULTS.pptxBUDGETING AS ADULTS.pptx
BUDGETING AS ADULTS.pptx
 
Free yourself from fear to achieve your goals
Free yourself from fear to achieve your goalsFree yourself from fear to achieve your goals
Free yourself from fear to achieve your goals
 
Frankfinn Presentation on Personality Development -Merit by Hricha Dhungel
Frankfinn Presentation on Personality Development -Merit by Hricha DhungelFrankfinn Presentation on Personality Development -Merit by Hricha Dhungel
Frankfinn Presentation on Personality Development -Merit by Hricha Dhungel
 
Turning point final_5_30
Turning point final_5_30Turning point final_5_30
Turning point final_5_30
 
Slides from Elephants Abroad pilot conference
Slides from Elephants Abroad pilot conferenceSlides from Elephants Abroad pilot conference
Slides from Elephants Abroad pilot conference
 

Recently uploaded

VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...
VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...
VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...Suhani Kapoor
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex
 
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130  Available With RoomVIP Kolkata Call Girl Serampore 👉 8250192130  Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Roomdivyansh0kumar0
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHenry Tapper
 
Instant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School DesignsInstant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School Designsegoetzinger
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spiritegoetzinger
 
Quantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector CompaniesQuantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector Companiesprashantbhati354
 
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Q3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesQ3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesMarketing847413
 
Attachment Of Assets......................
Attachment Of Assets......................Attachment Of Assets......................
Attachment Of Assets......................AmanBajaj36
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikCall Girls in Nagpur High Profile
 
Unveiling the Top Chartered Accountants in India and Their Staggering Net Worth
Unveiling the Top Chartered Accountants in India and Their Staggering Net WorthUnveiling the Top Chartered Accountants in India and Their Staggering Net Worth
Unveiling the Top Chartered Accountants in India and Their Staggering Net WorthShaheen Kumar
 
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Roomdivyansh0kumar0
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyInterimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyTyöeläkeyhtiö Elo
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignHenry Tapper
 
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Sapana Sha
 

Recently uploaded (20)

VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...
VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...
VIP High Class Call Girls Saharanpur Anushka 8250192130 Independent Escort Se...
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024
 
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130  Available With RoomVIP Kolkata Call Girl Serampore 👉 8250192130  Available With Room
VIP Kolkata Call Girl Serampore 👉 8250192130 Available With Room
 
🔝+919953056974 🔝young Delhi Escort service Pusa Road
🔝+919953056974 🔝young Delhi Escort service Pusa Road🔝+919953056974 🔝young Delhi Escort service Pusa Road
🔝+919953056974 🔝young Delhi Escort service Pusa Road
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview document
 
Instant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School DesignsInstant Issue Debit Cards - School Designs
Instant Issue Debit Cards - School Designs
 
Instant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School SpiritInstant Issue Debit Cards - High School Spirit
Instant Issue Debit Cards - High School Spirit
 
Quantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector CompaniesQuantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector Companies
 
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024
 
Q3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesQ3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast Slides
 
Attachment Of Assets......................
Attachment Of Assets......................Attachment Of Assets......................
Attachment Of Assets......................
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
 
Unveiling the Top Chartered Accountants in India and Their Staggering Net Worth
Unveiling the Top Chartered Accountants in India and Their Staggering Net WorthUnveiling the Top Chartered Accountants in India and Their Staggering Net Worth
Unveiling the Top Chartered Accountants in India and Their Staggering Net Worth
 
🔝9953056974 🔝Call Girls In Dwarka Escort Service Delhi NCR
🔝9953056974 🔝Call Girls In Dwarka Escort Service Delhi NCR🔝9953056974 🔝Call Girls In Dwarka Escort Service Delhi NCR
🔝9953056974 🔝Call Girls In Dwarka Escort Service Delhi NCR
 
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
 
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance CompanyInterimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
 
Log your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaignLog your LOA pain with Pension Lab's brilliant campaign
Log your LOA pain with Pension Lab's brilliant campaign
 
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
 

5 Money-Draining Mistakes That Keep You Broke & Broken

  • 1. 5 Money-Draining Mistakes That Keep You Broke & Broken Hosted by Building Bridges Consulting & The LADIES Group NFP
  • 2. This webinar is free; however, please consider giving a donation. All donations will benefit The L.A.D.I.E.S. Group NFP. For more information, visit our Go Fund Me campaign at http://gofundme.com/theladiesgroup
  • 3. support@coachniquenya.com @coachniquenya  President & CEO of Building Bridges Consulting  Founder & Creator of The LADIES Group NFP  Director of Networking in High Heels  VP of Membership – West Ridge Chamber of Commerce  Small Business Consultant  Executive Coach  Corporate Trainer  Motivational Speaker  Author
  • 4. support@coachniquenya.com @coachniquenya  Product of a single parent home  Lived in public housing  Supported by public assistance  Teenage mom  Poor financial management habits  Bad credit  Financially illiterate  Smart girl with no money
  • 5. support@coachniquenya.com @coachniquenya  Unhappy with my financial situation  Affected every other area of my life  Knew I was smarter than that  Wanted something different  Chose to do something about it  Actively worked to do something about it  Started my business to teach others how  Passionate about helping people to overcome financial distress  POVERTY IS A CHOICE!
  • 6. This webinar is for you if you’re…  Tired of being broke  Want to make more money  Want to create alternative income streams  Want to become financially free  Want to build a legacy @coachniquenya
  • 7. Agenda  Identify the 5 mistakes you are making that are keeping you broke  Master your mindset to attract and retain more money  Explore the 4 main money methodologies  Apply easy actions to fix your finances now  How I can help @coachniquenya
  • 8. What’s stopping you now? You’re probably making one or more of the 5 money-draining mistakes that are keeping you broke and broken! I will show you exactly how you can move past this place of lack and into the warmth of self-sufficiency. @coachniquenya
  • 9. The 5 Money-Draining Mistakes That Are Keeping You Broke & Broken… @coachniquenya
  • 10. Mistake #1 - Failure to plan  Failing to plan is planning to fail  You need a budget to keep you on track with your goals  Do you know your net worth? (ASSETS – LIABILITIES)  Includes every type of income and expense @coachniquenya
  • 11. Mistake #2 - Lack of Savings  Can’t predict the future  Emergency situations  Education  Financial goals (car, home, vacation, etc.)  Peace of mind @coachniquenya
  • 12. Mistake #3 - Spending Beyond Your Means  Overspending leads to financial disaster  Distressed by stress  Rob Peter to pay Paul  Unhealthy risks with negative consequences  Health  Relationships  Career @coachniquenya
  • 13. Mistake #4 - Don’t Diversify Income  Employers aren’t loyal  Workforce is competitive  Customers don’t pay and businesses close  Bad things happen to good people (illness, accidents, etc.)  What’s your Plan B? @coachniquenya
  • 14. Mistake #5 – Avoid Talking About It  Unaware of your situation – knowledge is power  Unfair assumptions and expectations  Upside down trying to keep up appearances  Pass down financial illiteracy to children  Creditors know more about your finances than you do! @coachniquenya
  • 15. Recap of the 5 Money-Draining Mistakes 1. Failure to plan 2. Lack of savings 3. Spending beyond your means 4. Don’t diversify income 5. Avoid talking about it @coachniquenya
  • 16. Why are you making these 5 mistakes? #1 Reason - You haven’t mastered your money mindset! @coachniquenya
  • 17. What is your money mindset?  What relationship do you have with money?  Shaped by the things you have been taught growing up  Influenced by parents, teachers, peers, and even your spouse  If you believe money to be the root of all evil then you will unconsciously avoid making it and keeping it! @coachniquenya
  • 18. Think about your money mindset and the mistakes you’ve been making… 1. Failure to plan – might mean you haven’t learned discipline 2. Lack of savings – might mean money isn’t important to you 3. Spending beyond your means – might mean you’re used to being spoiled 4. Don’t diversify income – might mean you rely too heavily on others 5. Avoid talking about it – might mean money makes you uncomfortable @coachniquenya
  • 19. Ask yourself… 1. Does money make you uncomfortable? Can you talk about it? 2. Are you satisfied with your life? 3. How do you view yourself? Are you successful, struggling? 4. What are your earliest memories around money? 5. How do/did your parents handle money matters? 6. What sentence best describes how you feel about wealth? 7. Did you consider yourself rich or poor growing up? 8. Was money a source of conflict growing up? 9. Does money play a central theme in your thinking? 10. How would you rate your level of stress around money? @coachniquenya
  • 20.  You bring your money mindset into adulthood  When you grow up with lack you will feel less comfort with attracting and maintaining wealth  Your money mindset helps you to know if you’re heading in the right direction  Exploring your money mindset sheds light on your beliefs and habits  Do you need to change your money mindset? @coachniquenya Your Money Mindset Is Important!
  • 21. 1. Earn – income generation from a job or business 2. Spend – bills and other expenditures 3. Save – safety net and emergency fund 4. Invest – asset and wealth creation What can you do to master your money mindset now? @coachniquenya The 4 Main Money Methodologies
  • 22. 1. Earn Money  Get a second job or career that pays what you’re worth  Create one or more sources of self-employment  Monetize skills and hobbies (become a contractor)  Ask for salary/wage increases regularly @coachniquenya
  • 23. 2. Spend LESS Money  Stick to a budget  Include entertainment (things you like to do)  Never spend more than you earn!  Seek ways to cut spending by addressing bad habits first  Smoking  Eating Out  Drug/Alcohol Abuse @coachniquenya
  • 24. 3. Save Money  Pay yourself first  Maintain an emergency fund  Take advantage of direct deposit  Participate in rewards programs  Add couponing to your savings strategy @coachniquenya
  • 25. 4. Invest Money  Make your money work for you!  Take calculated risks  Purchase assets that earn money  Stocks & Bonds  Home & Other Rental Property  Warning – Cars are NOT assets! @coachniquenya
  • 26. BONUS - TALK ABOUT MONEY!!!  Have regular, open communications about money with…  Spouse or significant other  Children  Siblings  Trusted friends  Seek an expert!  Financial Advisor  Coach @coachniquenya
  • 27. As your coach, I can help you to…  Identify and master your money mindset!  Set clear financial goals and objectives!  Explore alternative income streams!  Overcome challenges and obstacles!  Regain clarity, focus, control, and peace of mind! @coachniquenya
  • 28. During your program you can…  Get control over your finances  Set a realistic budget  Learn how to talk about money effectively  Fix your credit  Start or grow a business  And much more…! @coachniquenya
  • 29. Master My Money Mindset Program™ 3-month, one-on-one support and accountability includes…  Comprehensive questionnaire to explore your mindset ($97)  Biweekly, 30-minute strategy sessions ($997)  Unlimited email support between sessions ($97)  Done-for-you templates for your guaranteed success ($97)  BONUS: Do-It-Yourself Easy Credit Repair Guide ($9.97) @coachniquenya
  • 30. Special Limited Time Offer… Master My Money Mindset Program™ Only $149 per month! Over $1297.00 Value! ~Only 10 spots available~ @coachniquenya
  • 31. Special Limited Time Offer… Master My Money Mindset Program™ Only $149 per month Over $1297.00 Value! ~Only 10 spots available~ Register now - http://bit.ly/mastermymoney @coachniquenya