the Creative Money blog
Welcome to the third issue of Money Rebel magazine!
I created this magazine to help women entrepreneurs see that just because their businesses (and money) are different than what they perceive to be the ideal—and far from perfect–doesn’t mean it’s bad.
What I am loving about this series is that we are seeing all kinds of paths to success—experimentation and forward momentum are a huge part of building your business, and I hope my Money Rebels are inspiring you to get started or to get excited about working on the next phase of your business.
When it comes to money and business, sometimes we start to feel like we’re pushing all of the time—pushing to create the next package, product or level of revenue—and it can all start to feel a bit like drudgery. But what if it didn’t? What if you STOPPED working when something felt too hard, and only worked on the things that engaged and excited you?
I used to think that no one would want to work with a planner/money coach who didn’t want a long-term relationship (I have commitment issues). I thought that was what prevented me from being a good, traditional planner (it did). Had I limited myself to what other money coaches offered, I never would have gotten started. Had I not decided to say “the hell with tradition” and offered only what I FELT like offering, I wouldn’t have my thriving business.
It’s easy to forget that your feelings are the navigation system to your best life and work and money, so this is your reminder for the month.
LIGHTNESS, people. Look into it.
This issue’s Money Rebels are…
Cori Padgett - Freelance copywriter, pro blogger, and serial entrepreneur (featured on notable blogs like Virgin.com, Copy Blogger, Problogger, Gala Darling, and Fire Pole Marketing ), sharing expertise and copywriting to help other brands engage their audience and sharpen their own messaging.
Kate Byrne - Dr. Kate is roller derby-loving green-juice-drinking yoga-junkie and an internationally recognized expert in business development for trailblazing women consultants, coaches and other kickass experts.
Are you a Money Rebel?
Money and your business are tools. If you’re committed to bending them to your will and swinging them like a bad-ass ninja warrior, then you’re a money rebel.
Don’t get me wrong, I am a huge fan of introspection…and introspection is essential to making good decisions and grounding yourself.
But sometimes, we need for a little less zen and a little more roller derby. You might need less THINK and more DO in order to shake things up.
If you’re processing stuff to try and grow your business and your money, it doesn’t always have to be in stillness. Channel your inner Buffy and slay some energy vampires.
Get the March issue NOW!
This post is the fifth in a series of guest posts that focus on getting the most from your money life when it intersects with your love life.
I had a boyfriend once who was angry with me because he wasn’t the first man I had sexual relations with. And through the course of a 5 year on-and-off again relationship, the topic came up several times. Each time felt a little more soul crushing, because my sexual past was something I had no power to change.
Since I had a mother who would always financially bail me out, until she passed away, I also found it easy to commit money mistake after money mistake. So although smart, driven, and adventurous, I was a phenomenally hot mess in 2 very important areas of my life for a long, long time: love and money. (more…)
This post is the fourth in a series of guest posts that focus on getting the most from your money life when it intersects with your love life.
Having a money talk with the person you share your life and heart with can be one of the most stressful conversations we have in our relationship. That’s especially true if we don’t prepare for it in advance or haven’t organized our thoughts about how and what we want to achieve at the end of our conversation.
Because it can be so uncomfortable, a lot of us avoid talking about money all together.
Why is it important to talk about money?
Well we usually talk about the daily ways we use money, right? We might discuss the price of movie tickets or groceries or gas. For larger items, we may budget for how much we want to spend on a vacation or a new refrigerator.
Most of us are very REACTIVE about money. Having a healthy money conversation is about getting PROACTIVE about money and taking a step back and looking at the big picture of our finances and goals.
The New York Post recently published some very scary statistics claiming that over 50% of Americans are struggling in retirement and the new average retirement age is 77.
If we don’t talk about money now, we are setting ourselves up for suffering in our last chapter of life.
Take these 4 steps before having a money conversation:
Set an intention. Ask yourself what you want to accomplish and how you want to feel at the end of the conversation. It can be something simple like “I set the intention to remain peaceful and open during this conversation.” Or “I set the intention that we arrive at a point of clarity about our immediate next steps at the end of our talk.”
Schedule a specific time for your money talk. Blindsiding is never a good idea and usually an awful idea when it comes to anything related to money. Schedule a time, make it a date, give a heads up.
Have a focus. Are you putting aside money for a vacation? Planning for retirement? Saving for a new house? Don’t try to tackle every single money issue at once. Pick one thing. You are much likely to experience progress if you limit your scope to one thing and then move on to something else during your next money talk. (and yes, you will have more of them now that they aren’t so scary!)
Remember you are on the same side. This can be easy to forget if you have different backgrounds and feelings about money, so remember – you both want to create a life you love together. That’s the ultimate goal.
If you haven’t had a Money Talk in a while, I suggest starting with a simple inventory or “When in Doubt, Count.”
There are two pieces to money talks – our emotional connection to money – how we feel about it, and the practical way we use money – how we handle money every day.
It’s often easier to get started on simple things like what drawer are the 401k papers in. Here are 3 quick ones…
- Do you know your current net worth? (value of things you own minus money you owe)
- Do you know your fixed monthly overhead? (how much in total you spend on things like food, mortgage, car payment – expenses that aren’t going to change from month to month)
- Do you know where all your important paperwork is?
When we move onto emotional questions I suggest we declare a safe zone, kind of like the military when a truce is being called.
Just take a minute and say, “Anything you answer is okay here. We are just brainstorming. We are not making any concrete plans right now, just talking.”
I love comparing that to a demilitarized zone because everyone just gets it. No guns allowed here, no troops, no bombs, just talking.
Here are 3 of the more emotional questions about money that we should be talking about:
- Do you know how your partner FEELS about your regular expenses?
- Do you know how your partner’s parents handled their finances and what effect that has had on how your partner manages their own money now? (See how that could get sticky?)
- Do you know how your partner feels about saving? Is it a priority for them? Why or why not?
If it’s not a regular habit to have a talk like this, I suggest scheduling a money talk whenever you tune up your car. Makes it easy to remember and easy to schedule and takes the emotion out of when and how to plan for a talk, your bank account deserves at least as much maintenance as your motor right?
Action step – Schedule your money talk.
Power Question – Answer this one in the comments – How do you want to FEEL at the end of your money talk?
Maggie Reyes is a Life Coach, Writer + the Founder of ModernMarried.com. Her romantic-yet-practical approach to wedded bliss has been featured on Redbook.com, Daybreak USA, Cristina XMRadio and The Happy Wives Club — the #1 marriage site on the web. When she’s not writing, working or creating pins for her fabulous Facebook Community, you can find her cuddling with her hubby, reading a romance novel or embracing how the words “over-achiever” and “TV Junkie” can still go in the same sentence, to describe the same person. Learn how to love like a newlywed no matter how long you have been married at www.ModernMarried.com.
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This post is the third in a series of guest posts that focus on getting the most from your money life when it intersects with your love life.
Brides- and grooms-to-be fascinate me. (more…)
Your path to business success and financial success doesn’t need to be perfect to be awesome.
Welcome to the second issue of Money Rebel magazine!
I feel great, being over the hump of the first issue. And this month’s women are completely in line with the reasons I created this magazine: to help women entrepreneurs see that just because their businesses (and money) are different than what they perceive to be the ideal—and far from perfect–doesn’t mean it’s bad.Next Page »