Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts

Wednesday, March 25, 2020

Spreading Your Eggs: Generating Multiple Financial Streams


As an entrepreneur and business owner, I find that people recognize me by my professional title. “Oh you’re that wedding planner right?”.  I reply, “Yes I am that and a few other things”. My response usually sparks the conversation of what else do I do. In this new age, millennials dibble and dabble in multiple avenues. Opposite from the Boomer and Generation X era who most likely have stuck to one profession, my generation is interested and focused on generating multiple streams of income.

Why do you ask? Well my reason is because I have more than one passion and I don’t feel I should settle on just one. Over time, I’ve added my eggs to a few different baskets. Let’s see... there’s wedding planning, event decor, photography, editing, retail fashion curation, personal styling, writing (of course) and a couple others that I haven’t revealed publicly as of yet. I find that it’s healthy to spread your wings and fly in all the directions that you are passionate about. I’ve witnessed that "one basket person" have it all and lose it all because they relied solely on that great career without ever exploring anything else they might be equally amazing at. If one egg breaks, I have comfort in knowing that I have other options.

My greatest example would be my mom. She opened a retail bridal store over 25 years ago that’s still alive and kicking while so many stores have closed around her. But it’s not only because she sells retail bridal & evening gowns. She’s also a seamstress, alteration specialist, interior designer, florist and decor expert. So if a client walks in looking for a gown but hasn’t made up her mind just yet, my mother can easily offer her other services so she wins either way. Being multitalented also gives her the option of switching her storefront to a solely online business in the future if she chooses.

Not just in business, but in life always have a back up plan for your back up plan. We as humans can do so much more than we think we’re capable of. Continue to explore, experience and execute all beneficial things that drive you. As many states are advised to be indoors during the current COVID-19 pandemic, and more people have increased time on their hands, now is the time to embark on the something that you've always wanted to try (within the confines of your home of course). There are plenty of online tutorials, classes and "how-to" videos of your preference. Hopefully once the dust settles my hope is to see a lot more entrepreneurs emerging from the ashes and ready to take on the world.

Love & Light ✨

Tuesday, April 19, 2016

I Am 30, Hear My Roar! Tips For The Grown Woman

I make 30 look good! Yup I said It!

It finally happened. That moment I was half dreading and half looking forward to. I turned 30. Reaching this milestone of course brings automatic reflection of my life thus far. I thought about my childhood, my upbringing. I thought about the all time highs and the devastating lows up until this point. I thought about my dreams, plans and deadlines I set for myself and if I reached them. In thinking about all this I realize I have so much to do. Taking the time to look back when I was in my 20's, I wish I could have been given some direction by the 30 year old me. But now that I'm here, I'd like to give the present me advice that I believe the me in future would provide. I also extend this advice to you:

You have so many interests and talents but find your passion in the one that drives you and cultivate it:

If you're anything like me you have multiple dreams. Many things career wise that you want to accomplish. Sometimes when you focus on everything at once, they all suffer because you aren't able to master your craft. Pick the talent that gets your gears going and nurture that. Once you're successful in it, you will have the financial freedom to dabble into the others.

Make No Room For "Frenemies".

I know you know what I'm talking about. That one female that doesn't like you but stay trying to keep up with your life. We women tend to speak in code and we pick up on shade quickly. If you sense she's not genuine, cut her off! Trust your instincts. There is no room for negativity. You are filled to capacity with positive things so have that frenemy move out of your way and let you rise!

If you're unhappy about something, stop dwelling and change it!

As women, we are always picking at ourselves. Our looks, our weight, our hair, etc. And we will just sit and complain and get down on ourselves and cry. You know you've been there! Shoot I've definitely been there! You don't like something, get up and begin the change! Whether it's exercising to slim the waist down or lift the butt up! Or researching the best diet for clear skin. Maybe you are not happy about your career or financial status. Meet with a financial planner. Brainstorm on how to get to the next level in your career and execute steps to get there. Your problems are only a solution away! 

Stimulate Your Mind

Just because you've graduated doesn't mean learning ends. The world is full of so much knowledge. Don't wait for a news broadcast to get you hipp to your surroundings. Read books, watch tutorials, participate in discussions, get involved in your community, stay on top of current events. Keep your mind active. Remember once your mind starts slipping, the body will follow.

Travel

Budget in Traveling. Don't limit yourself to your backyard. There is a world to explore. Different cultures to experience. Adventures to be had! As cliche as this may sound, you only have one life to live so live it!

Surrender To Love But Don't Settle

I am a hopeless romantic. But in being that, in the past I was that "we gotta make it work no matter what" girl. The "I may not be happy but we've been together this long" chick. The "What will people think if this doesn't work" lady. The "I gotta keep up appearances to save face" woman. UMMMM This grown woman don't play that game anymore. In being hurt in a relationship we can come off bitter and put up a wall. But I challenge you to be open to love when it comes your way. BUT never settle for anything less than the man of your dreams! Don't ever feel like you're trapped or care what people think if it doesn't work out. Hold your head high and live babygirl! 

Love Yourself!

We hear this all of the time but do we really take heed to the advice? Learning to truly love yourself is a process. I always say it like this, "I love me. Everything about me and all the things that make me, me. And if I feel something about me isn't quite there yet, I'm going to enjoy making the awesome me, even better". The combination of your features, personality and characteristics make you unique. Own the fact that there is no one on this earth like you and you can only get better.

Take Care Of Your Body

In our teens and 20s we got away with the hot cheese chip snacks, the bag of gummie bears and going for seconds at the BBQ. At 30 your body will be begging you to stop the madness. So STOP! If you haven't yet started, create healthier eating habits. Try new foods that are not only good for you but taste amazing. Explore your culinary palette. Once you educate yourself on what those crazy snacks do to your body, you'll never crave them again (most times).

Don't Play The Comparison Game

You know the game. He has this, She has that, They have this, Do I have it too? Girl stop. One of my motto's is "I am the only one running my race and if I spend even one second looking over at someone else's marathon over there, I will trip and bust my ass during mine". Don't compare your life to others. It's a waste of time and a hindrance to your own journey. You'll end up taking longer to get to your finish line instead of enjoying your win sooner.


Those are a few key points I will make sure to execute for the remainder of my life (which prayerfully will be another 1000 years). I hope these tidbits help you throughout your journey as well.

Now go live!