Posts tagged ‘financial freedom’
The State of Your Finances Address
The State of Your Finances Address
Video Transcript
Hello, I’m Kimmy B., founder of the LiteracyRich Projcet, with a special message for women who wish to become financially empowered but don’t know where to start. Many women do not feel knowledgeable when it comes to money management and building a strong financial future. The truth is, there is a lot of great information available and women don’t have to be in the dark when it comes to money. You can change your life. You can change the state of your finances!
In 2002, women made up 43% of the wealthy North American segment. Almost half of the wealthy population in North America is female.
In 2006, it was reported that 12% of women over 18 in the U.S. were the heads of their households. That’s approximately 36 million women who may soley be in charge of their financial lives.
Women are a financial force to be reckoned with but the sad truth is that most of us don’t even know it.
Are you tired of saying things like:
“I want to retire but I can’t.”
“I want to help my daughter pay her tuition but I can’t.”
“I want to start a business but I can’t.” and
“I want to own my own home but I can’t.”
The truth about these “I can’ts” is that they are actually “I cans”. I just told you that nearly half the affluent population in North America is female. With some planning and knowledge you can join that population. I don’t want to hear any excuses like, “it’s too late for me,” or “I’m too old to start changing.” The truth is you’re never too late. In 2002 women owned more than 4.5 million businesses in the U.S. . According to cooperator.com, single women purchased approximately 1 in 5 homes in 2003, while more than 1 in 10 were purchased by men.
It’s never too late. Start today. Before I conclude, I want to thank you for even exploring the possibility that you can change your life. You can have control over your finances. There are resources available to you. Share this video with your sisters, aunts, daughters, grandmother’s and every other woman in your life. It’s time to get motivated about financial literacy and take action. For a transcript of this video and more resources, please visit http://www.prosperityblogger.wordpress.com and click on the LiteracyRich link today. Walk with me on the path of abundance and financial freedom. Watch the “Read & Prosper Show.” The first book featured on the show will be “Think and Grow Rich” by Napoleon Hill. You can watch the show at http://www.prosperityblogger.wordpress.com
I’m Kimmy B., founder of the LiteracyRich Project saying Don’t Live in complacency. Live in BOLD!
Sources
Health Resources and Services Administration
The Cooperator: The Co-op & Condo Monthly
The first official episode of the Read & Prosper Show will be uploaded on Monday, December 15th. The featured book is Think & Grow Rich By Napoleon Hill, order your copy here today!
What is LiteracyRich? A Financial Literacy Program for Women.
A New Service & Video Component of the Blog
Hello, I’m Kimmy B. The Prosperity Blogger. I want to share some wonderful news with you. If you are a woman interested in becoming financailly literate, this video may be of particular interest to you. I encourage everyone to watch both male and female! A transcript of the video is also provided below.
Video Transcript:
Hello, I’m Kimmy B. founder of the LiteracyRich project. If you’re a woman interested in becoming financially literate and empowered, LiteracyRich may be of interest to you. I want to share some information about LitearcyRich so that you’ll know what this project is, why I started it and what the intention of the project is.
LiteracyRich is a service project meant to empower women through financial literacy. I take a holistic approach to financial literacy and prosperity in general. This project will explore money management in addition to universal principles that are significant to financial success.
Women are a unique demographic in relation to financial literacy because of social, psychological, and cultural restrictions that become barriers for women in regards to money and prosperity. I am doing this because everyone deserves to be free and with the right tools every woman can live a holistically prosperous life.
The first LiteracyRich component is “The Read & Prosper Show.” “The Read and Prosper Show” is designed to help women succeed financially through books. The show will feature a different book each month. I’ll share Ideas that I discovered while reading the of the month. I will also include a reading guide to aid you as you read the book and travel on the road to financial success.
The videos will be posted on the Prosperity Blog and you’ll have a chance to ask questions and make comments on the blog. Videos will be uploaded on a biweekly basis. A special Read & Prosper video entitled “The State of Your Finances Address” will be uploaded on Wednesday, December 3rd.
Before I conclude, I want to give a special thanks to the Institute For Civic Leadership of Mills College because with out the grant and training I received from the the program, LiteracyRich would have never been brought to life. “The Read & Prosper Show” is meant to empower women and I know it’ll make a difference in many women’s lives.
For more information about LiteracyRich, please visit http://www.prosperityblogger.wordpress.com today. I am so excited and look forward to seeing you!
Thank you for your time, this is Kimmy B. saying don’t live in complacency. Live in BOLD!
Until Next Time,
Kimmy B.
You Can Do It!
What's on the other side of your rainbow?
Motivate, motivate, motivate! That is my mission. What ever “this” is for you, you can do it. Dan Miller inspired me to write this post. He’s a renowned career coach who has a top career advice podcast. One of his listeners was upset because he was a little too optimistic for her. I like optimism. Here’s the podcast listener’s comment and his response:
What the commenter said:
“I really have to say something to you Dan. I’ve been reading your newsletter for several years. It really irks me that you continue to write your newsletter with little attention to what’s going on in the world today. You always say that many people miss things that are right in front of them; right now you’re missing the boat in the worst possible way. There’s nothing wrong with telling people to reach for their dreams, however, many people will never reach dreams they had as children because of various reasons such as lack of money, talent, training, or time. Sometimes dreams are just plain lost over time. Right now many people are losing their dreams, dreams of home ownership, dreams of moving up the ladder because they’ve lost their jobs, or dreams of retirement without worry. These people have to face the reality that their future may be different than what they had dreamed of. Hope is never lost but I feel that you need to temper your newsletters with a touch of reality. These are trying times and a lot of people are really hurting right now. Maybe you’ve forgotten what it’s like to make choices such as whether you want to eat or pay the electric bill. Having a background in ministry, I would think that you would consider that your audience could be in worst shape than you seem to know. I’m challenging you to reach down into your past and remember what it’s like to struggle every day then try to minister to those people and still give them hope to achieve their dreams.”
Dan’s Response:
“Do times like this require that we just forgo dreams that we have? Just chalk it up to circumstances…have made our dreams go up in smoke…not going to happen? What is true of people who do achieve their dreams? Did they just hit the right path in life? Born into the right family? Chose the right major? Got lucky in business and all of a sudden they’re successful? Well I don’t see that happening. I see people who are confronted with the very things that this writer (the commenter) talks about. They don’t have enough money, they don’t have enough talent, they don’t have enough time, they don’t have enough training and yet…despite all of those, they seem to rise over the occasion, prevail over those things, and end up extremely successful… I have to maintain my conviction that no matter what the circumstances are, we can move through those. Now is it easy? No. I don’t ever want to paint a picture that is just a walk in the park. I have experienced what Linda (the commenter) is talking about here… Now if I had been convinced that my dreams were never going to happen, trust me I would not be sitting where I am sitting today. I would have resigned myself to the fact that circumstances took over, those dreams were not meant to happen, and I need to have a dose of reality and just accept what was there. But I didn’t do that. I was more determined than ever, even though I’d dug a very large hole for myself I was determined to get back to where I had been and beyond…”
My response:
I am a Black woman, born and raised in an urban area. I was molested as a child. For almost a decade I suffered from low self-esteem and depression. I currently owe $100,000 in student loans and credit cards. This is my story and my truth. Let me tell you how I tell it.
I am a Black woman. Born and raised in an urban area. In spite of life challenges including molestation, depression, and low self-esteem, I am still here. I am still doing. I am still going. I am on the path to financial freedom.
Do you see the difference between those two narratives? Same thing said a different way. I choose to thrive and not survive. I chose to live boldly and not in complacency. I chose. I don’t let my circumstances dictate what happens to me. No one else should either.
I don’t know what “it” is for you, but I’m telling you from personal experience that you can do it. If you need support, send me an e-mail. Plenty of people do, I will respond. prosperityblogger@gmail.com
Until Next Time,
Kimmy B.
P.S. You can find Dan Miller’s podcast at www.48days.com. I also feature his book in the bookstore.
Inspired Poetry: The Current of Possibility
The Current of Possibility
Inspired Poetry is a monthly poetry series. This is the very first poem in the series.
This is the Prosperity Blog. I focus on all prosperity related topics including financial prosperity. Getting out of debt is serious business. Just because it’s possible does not mean it’s easy. Just because it’s difficult does not mean you can’t make it easier (read this one more time). In this country (the U.S.) we have the ability to redefine what is possible. You’re an American, act like it. If debt is your reality, make financial freedom your possibility. Read the poem below as well as the questions/exercises that follow it. Remember, everything is connected. This poem isn’t only about financial prosperity so fill in the blank. If your goal is weight loss and having good health (a form of prosperity) then use this poem to motivate you for that goal or any other goal that you have.
“The Current of Possibility”
I am riding on the current of possibility.
The waves wash over me.
They do not knock me down.
I get up because I know that possibility
Is what ever I chose to let it be.
Questions/Exercises:
What is currently impossible for you? How can those things/that thing become possible? What action can you take to make it possible.
What experience from your past has affected your sphere of possibility? What can you do to heal that?
What fears are getting in your way? Why are these fears irrational (some fear is present because of instinct and some is just plain irrational)?
How long will it take you to reach your intended goal?
One final thought- the mountain is only as large as you perceive it to be. Once I got over my initial fear, the amount of debt I accumulated shrank in my mind and in my reality. I’m not saying that everything is flowers and sunshine but I am happy and am making progress. This does not have to be a miserable experience for you; you can turn this into a positive life lesson because ultimately that’s what it is.
Until Next Time,
Kimmy B.
Tell You What I Know Video
Tell you what I know: Keeping up with the Jonses is gone get you stuck. Watch this video and stay unstuck. Don’t make me come after you!
Reflect on what she said and think about how you’re spending your money.
Until Next Time,
Kimmy B.
P.S. What are your favorite store brands? Post your answer below and tell us why you like that brand. Bookmark this page and pass it along to your family and friends!
Do You See Yourself in Dick & Jane?
I was watching the movie “Fun With Dick and Jane” last night. It’s stars were Jim Carrey and Tea Leoni.
I saw so many people in the characters they played. The movie also brought up many issues such as job security, keeping up with the Jonses and most importantly, the reason why an emergency fund is a significant part of anyone’s financial plan.
Both characters were out of work and out of money. This is familiar to a lot of people and it’s no fun.
I cannot say this loud enough but have an emergency fund available at all times. This fund should be enough to cover 3 to 6 months of expenses. You don’t want to end up like Dick and Jane and with a little planning you don’t have to.
The movie was funny but in reality, this situation is no laughing matter and is totally avoidable. Think smart. Live smart. And live within your means.
Until Next Time,
Kimmy B.
P.S. Post about how you are living within your means. Don’t forget to bookmark this page by using the buttons on the right side panel.
The Prosperity Blog. Empowering You So That You Can Change Your World. 
Great Minds Think Alike!
Helpful Blog Posts.
Blog: The Official Blog of Dan Miller
Post: “No More Mondays”
Comments: My favorite quote is, “I believe that each one of us can pursue work that is a reflection of our best selves—a true fulfillment of our callings.” I love this because it makes me think of what someone who truly loves their work does, they bring their best selves to work every day. If you are willing to bring your best self to work every day, you must be pretty happy! Dan Miller is an established career coach. His latest book is called No More Mondays.
Blog: Getting Finances Done
Post: “Financial Peace University Part 7- Collection Practices and The Spiritual Side of Managing Finances”
Comments: I’m a big Dave Ramsey fan. This post reviews some of Dave Ramsey’s financial peace programs. I love that the blogger mentions “the spiritual side of managing your finances. “If nothing else, the idea of sharing your wealth is healthy from a psychological perspective.” Sharing wealth is wonderful and leads to more prosperity. My favorite book by Dave Ramsey is the Total Money Makeover, his philosophy for financial freedom is old school and fool proof.
Blog: Budgets Are Sexy
Post: My Favorite Pieces of Financial Advice E-V-E-R
Comments: Honestly, I just like the name of this blog. Budgets are sexy. I don’t know about you, but personal finance and responsibility turns me on. I like this post because it’s practical and true. “Pump your 401 (k),” “track your spending for 3 months,” “create an emergency fund,” “pay off all bad debt”. I don’t buy the whole “good debt” v. “bad debt” thing because all debt is horrid. That being said, this is sound advice that I’m taking for myself right now. I like this blog, it’s pretty!
December 2, 2008 at 7:10 am 1 comment