Podcasts about living rich

In this episode of The Matt Feret Show I interview Tom Hine, a wealth advisor and author. We discuss the relationship between wealth and wellness, and how taking care of one's health can impact financial planning. Tom also talks about the need for individuals to find doctors and financial advisors who understand the connection between health and wealth. Finally, we discuss his book The Balanced Wealth Approach: Secrets to Living Long and Living Rich which provides insights and strategies for achieving a balanced and wealthy life. Watch this episode on YouTube.Introduction to Tom Hine by Matt Feret [1:09]Tom Hine on the Relationship Between Financial and Wellness Investment [8:22]Tom Hine on How to Choose a Doctor [21:00]How to Find a Financial Advisor that Considers Health and Wellness [26:39]Tom Hine on How to Approach Health and Wellness [30:12]Tom Hine's Advice on Financial Advisement Frequency [34:15]Tom Hine on Recommended Retirement Age [36:54]Tom Hine Debunks the Stigma Around Financial Advisement [41:59]Tom Hine on His Book: The Balanced Wealth Approach [45:56]Concluding Thoughts and Out with Matt Feret and Tom Hine [48:06]Connect with me via the podcast website, LinkedIn, Facebook, and Instagram.Learn more about Tom Hine's company Capital Wealth Management, LLC, check out his book, and follow him on LinkedIn. Hosted on Acast. See acast.com/privacy for more information.

On this episode of A Wiser Retirement™ Podcast, Casey Smith is joined by Missie Beach, CFP®, CDFA®, and Andrew Pratt, CFA to talk about financial concerns that are unlikely to happen. They bring up various political, financial, and market-related predictions and concerns that never materialized. They also highlight the necessity of having a robust financial plan that aligns with your goals, risk tolerance, and lifestyle. Podcast Episodes Referenced:- Ep 181: 5 Common Financial Myths Debunked- Ep 141: What is holistic financial planning?Youtube Videos Referenced:- Financial Habits to Avoid in Retirement- Pitfalls of Living Rich but Not Building WealthDownload Our eBook: "Buyer Beware: Why do they keep trying to sell you that annuity?"Click here to schedule a consultation with one of our financial advisors.Connect With Us:Our WebsiteYouTubeFacebookLinkedInInstagramTwitterPodcastBlog This podcast was produced by Wiser Wealth Management. Thanks for listening!

Episode 80: Tom Hine, CFP®, CFS®, MBA & His Book, The Balanced Wealth Approach: Secrets To Living Long And Living Rich In this episode, Tom, a CERTIFIED FINANCIAL PLANNER™, author, and founder and CEO of Capital Wealth Management, shares with me how there should be comparable focus on both wealth and health when it comes to our futures -- even in his field of wealth management. Through his own journey in finance (the numbers) and karate, meditation, yoga (the physical and the mind), he demonstrates that he's living what he's preaching. The message he shares with his clients, into which he does a deep dive with me here, is a great reminder that we can't take anything for granted. The world is changing, and so how we respond to and live within it also needs to change and become both more intentional and mindful. "You need a 5G mindset to live within a 5G world." What I appreciated most in Tom's message in his book and in the thoughts he shares here is the reminder to be healthier so that we can enjoy what we've accomplished. That wisdom was sparked in Tom when he chose to focus more on his health, through karate as a younger professional, instead of merely climbing the corporate ladder. Financial and career success would not be sufficient to uphold and maintain his mindset. "Drastic times call for drastic measures." This well-known quote comes to mind as Tom talks about how we have to offset all the negative in the world and work on ourselves to achieve the best performance and strongest longevity to move forward and enjoy ourselves and our communities. We need to look for, take into account, and harness what it is we can control to make progress for ourselves. CONVERSATION HIGHLIGHTS You want to be the CEO of your own health When the mind is quiet, the world will show itself to you Don't be afraid to go back to the past and figure out what makes you whole “A healthy person has a thousand wishes, a sick person only one” (Don't take that for granted.) MENTIONED OR APPLICABLE BOOKS Tom's Other Books What Color Is Your Parachute? by Richard Nelson Bolles The Gap and The Gain: The High Achievers' Guide to Happiness, Confidence, and Success Hardcover by Dan Sullivan & Dr.Benjamin Hardy Life Force: How New Breakthroughs in Precision Medicine Can Transform the Quality of Your Life & Those You Love Hardcover by Tony Robbins, Peter H. Diamandis, Robert Hariri The MAIN QUESTION underlying my conversation with Tom is, How are you focusing on health in order to move forward with longevity, ensuring you're not taking what you have for granted? ABOUT TOM Tom Hine is a CERTIFIED FINANCIAL PLANNER™ and the author of The Balanced Wealth Approach: Secrets to Living Long and Living Rich. He has over three decades of experience in the industry and is the founder and CEO of Capital Wealth Management in Glastonbury, CT. However, what makes Tom unique is his holistic approach to financial planning. He believes that true success is not just about building wealth but also about maintaining good health so that you can enjoy the fruits of your labor. Drawing from his background as a financial planner and a fourth-degree black belt in Shotokan Karate, Tom aims to incorporate health and wellness into his financial strategies. Tom hopes to help his clients work towards their financial goals while also inspiring them to lead healthier and more fulfilling lives. LEARN MORE ABOUT TOM LinkedIn: https://www.linkedin.com/in/hinetom/ Twitter: https://twitter.com/CapitalWealthCT Facebook: https://www.facebook.com/CapitalWealthCT Website: https://thebalancedwealthapproach.com/ Company: www.capitalwm.com Watch the episode on YouTube: https://www.youtube.com/channel/UCtNpTQTFjuN6Tjs52JB7zUQ Learn more about The Book Leads: ⁠ https://www.linkedin.com/pulse/got-lead-great-book-thats-impacted-your-work-life-me-john/

Generosity 2023 Part 1: Greed vs. Living Rich Toward God. One of the primary enemies of generosity is greed, which sets us on an endless hollow pursuit of fulfillment. The antidote to greed is something Jesus talks about in Luke 12: Living Rich Toward God. TNL Church: Joining God to incite love, reduce suffering, & increase joy. Find out more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ tnl.org⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

If you've ever dreamed of designing + building your own cabin / tiny home / haven / in a peaceful place,  today's episode is for you!Denis comes to the mic with alot of wisdom!Finding your truth, living authentically, and making it actually happen! And yes. He's also a coach! (You will pick up on that in today's episode!)May todays episode inspire you to live your truth + start taking steps toward what you know you want. Start where you are with what you have. Act as if!Thank you for listening + sharing with your friends! I'm grateful for you! Social Media + Links:Denis:Youtube:https://www.youtube.com/@TinyLifeTAKEOVERIG:https://www.instagram.com/denisdaigleSteph:Mailing List:https://mailchi.mp/7609d2fe0116/soul-love-workshopsIG:htts://www.instagram.com/soullovehealing

In this episode I am joined by entrepreneur and thrill seeker, Mark McCann! After seeing Mark on social media living life recklessly I knew I needed to sit down with him to discuss his life, business and so much more. Join us in this episode to find out how Mark built his wealth, the investments he's made over the years, and the way he lives his life. Stay tuned to hear the full story! SPONSORS: Get your Lord Timepieces watch from - https://lordwatch.co/CEOCAST Use my code for 10% off - CEOCAST USE CODE 'CEO15' TO GET 15% OFF YOUR PURCHASE AT SUNNAMUSK TODAY! https://sunnamusk.com/ Follow CEOCAST On All Platforms Here! Instagram: https://www.instagram.com/ceocast/ Youtube: https://www.youtube.com/ceocast Spotify: https://open.spotify.com/show/2HU7OJ8qn0cSEU7Ok334Pn Apple Podcast: https://podcasts.apple.com/gb/podcast/the-ceocast/id1493736134 Follow Raheem Here: https://www.instagram.com/raheemka/ Find Mark Here: https://www.instagram.com/markmccann64/ https://www.youtube.com/c/MarkMcCann64 CEOCAST is a podcast platform showcasing businesses, leading industries and successful entrepreneurs and individuals. If you'd like to be on the next episode of ceocast be sure to message us on Instagram or email us at: Ceocastinfo@gmail.com

Jesus invitation to become rich toward God is not achievement or the accumulation of good behavior but in the storing up of what is true - we have a Good Father who in intent to provide and protect us that we can trust. That Father wants to protect us from what can in the end control and take His most treasured gift to us - life. That life is found not storing but in giving what we have been freely given - love, mercy, compassion and forgiveness.

Preached for the 8th Sunday after Pentecost (2022-07-31). Readings: Ecclesiastes 1:2, 12-14; 2:18-23 | Psalm 49:1-11 | Colossians 3:1-11 | Luke 12:13-21

Sam Dogen (AKA, the Financial Samurai) founded America's #1 personal finance blog and podcast, helping people make and save more money while living the lives they truly want. The market crash of 2009 rocked Sam's financial world even though he worked for 10 years at Goldman Sachs and Credit Suisse, got an MBA from UC Berkeley, saved aggressively, and diversified his investments. So he started a personal finance site to help him and others make sense of all the chaos. After writing 2,500+ personal finance articles, he used his knowledge to write a best-selling book, Buy This, Not That: How To Spend Your Way To Wealth And Freedom. His book is your secret weapon to getting ahead in this hyper-competitive world. https://okdork.com/podcast/254 Get the BEST daily deals on software at: https://appsumo.com/noah  

Bosses today we have the ceo and founder of Living Rich.The apparel line that encourages the community to network and take action on their dreams. She joins the chat today and We're going to talk about her journey so let's get into it! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

What it looks like to live rich. Blog site: https://www.heartofamedicinewoman.com Instagram: @ResheenaNicole YouTube Channel: https://youtube.com/channel/UCV1RPfKapgREffk3g3D4AHg Contact Me at: medicinewoman1188@gmail.com

Throughout my life I have been told one thing often. "We don't have much but we have enough" and this is a true statement of my youth and something I try to maintain today. SO today we're doing a dive on wealth. Some would say again.But this week I'm talking about this aspiration for wealth which has overtaken the main media as the main goal. I ask which goal you're on and look into the difference between the two terms. I'm almost definitely verging on telling you how to live in this one but more so asking why is there a want to live "rich?" When you could build something much more substantial than wealth.So? Are you living rich or are you living well?Ituneshttps://podcasts.apple.com/us/podcast/yelling-at-concrete/id1238765054Spotifyhttps://open.spotify.com/show/3T2OhYE07edgaBDXrm86saAcasthttps://shows.acast.com/yellingatconcreteYou can support the show and Graham by visitingwww.instagram.com/yellingatconcretewww.yellingatconcrete.bigcartel.comwww.ko-fi.com/yellingatconcrete See acast.com/privacy for privacy and opt-out information.

This week, Mary Nyiri joins host Hiwa Alaghebandian on the podcast. Mary is a holistic health coach who offers programs to help you live your fullest life.They do a deep dive into intuitive eating, and how you can free yourself from diet culture and instead embrace your own intuition. Mary gives actionable advice on how to work through gut health issues, how to address constipation, and how to look at stubborn belly fat.They also talk about skin issues, how to heal your body through diet, how food and spirituality are connected, the Medical Medium, the benefits of lemon water and celery juice, and so much more.To find Mary:instagram.com/marynyiriMarynyiri.comIf you have any questions you want answered on the podcast, submit them to theblushpod@gmail.com or LEAVE A VOICEMAIL. You can also submit anonymously here: https://www.theblushpod.com/connectFollow us on instagram:instagram.com/blushpodinstagram.com/hiwaaaaaaaa--- Send in a voice message: https://anchor.fm/blush-pod/message

This week, Mary Nyiri joins host Hiwa Alaghebandian on the podcast. Mary is a holistic health coach who offers programs to help you live your fullest life.They do a deep dive into intuitive eating, and how you can free yourself from diet culture and instead embrace your own intuition. Mary gives actionable advice on how to work through gut health issues, how to address constipation, and how to look at stubborn belly fat.They also talk about skin issues, how to heal your body through diet, how food and spirituality are connected, the Medical Medium, the benefits of lemon water and celery juice, and so much more.To find Mary:instagram.com/marynyiriMarynyiri.comIf you have any questions you want answered on the podcast, submit them to theblushpod@gmail.com or LEAVE A VOICEMAIL. You can also submit anonymously here: https://www.theblushpod.com/connectFollow us on instagram:instagram.com/blushpodinstagram.com/hiwaaaaaaaa--- Send in a voice message: https://anchor.fm/blush-pod/message

This week, Mary Nyiri joins host Hiwa Alaghebandian on the podcast. Mary is a holistic health coach who offers programs to help you live your fullest life. They do a deep dive into intuitive eating, and how you can free yourself from diet culture and instead embrace your own intuition. Mary gives actionable advice on how to work through gut health issues, how to address constipation, and how to look at stubborn belly fat. They also talk about skin issues, how to heal your body through diet, how food and spirituality are connected, the Medical Medium, the benefits of lemon water and celery juice, and so much more. To find Mary: instagram.com/marynyiri Marynyiri.com If you have any questions you want answered on the podcast, submit them to theblushpod@gmail.com or LEAVE A VOICEMAIL. You can also submit anonymously here: https://www.theblushpod.com/connect Follow us on instagram: instagram.com/blushpod instagram.com/hiwaaaaaaaa --- Send in a voice message: https://anchor.fm/blush-pod/message

This week, Mary Nyiri joins host Hiwa Alaghebandian on the podcast. Mary is a holistic health coach who offers programs to help you live your fullest life.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀They do a deep dive into intuitive eating, and how you can free yourself from diet culture and instead embrace your own intuition. Mary gives actionable advice on how to work through gut health issues, how to address constipation, and how to look at stubborn belly fat.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀They also talk about skin issues, how to heal your body through diet, how food and spirituality are connected, the Medical Medium, the benefits of lemon water and celery juice, and so much more.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀To find Mary:instagram.com/marynyiriMarynyiri.com⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀If you have any questions you want answered on the podcast, submit them to theblushpod@gmail.com or LEAVE A VOICEMAIL. You can also submit anonymously here: https://www.theblushpod.com/connect⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀Follow us on instagram:instagram.com/blushpodinstagram.com/hiwaaaaaaaa--- Send in a voice message: https://anchor.fm/blush-pod/message

This week, Mary Nyiri joins host Hiwa Alaghebandian on the podcast. Mary is a holistic health coach who offers programs to help you live your fullest life.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀They do a deep dive into intuitive eating, and how you can free yourself from diet culture and instead embrace your own intuition. Mary gives actionable advice on how to work through gut health issues, how to address constipation, and how to look at stubborn belly fat.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀They also talk about skin issues, how to heal your body through diet, how food and spirituality are connected, the Medical Medium, the benefits of lemon water and celery juice, and so much more.⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀To find Mary:instagram.com/marynyiriMarynyiri.com⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀If you have any questions you want answered on the podcast, submit them to theblushpod@gmail.com or LEAVE A VOICEMAIL. You can also submit anonymously here: https://www.theblushpod.com/connect⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀Follow us on instagram:instagram.com/blushpodinstagram.com/hiwaaaaaaaa--- Send in a voice message: https://anchor.fm/blush-pod/message

What a rich conversation! You won't want to miss all of wisdom Mary Malouf's 79 years have taught her. Through trials and joys, she shares with us her lessons learned of humility, gratitude, graciousness, and brokenness. Mary doesn't take herself too seriously but she for sure takes God and His Word seriously- and we love that about her. Join us for this fun, intense and wisdom-packed conversation. Craving more from Going There the Podcast? Come be our friend! Make sure you're following along on Instagram @goingtherethepodcast and subscribe to our podcast so that you never miss a new episode! If you love what you heard, we'd be so happy if you left us a rating and review on your podcast app. This way, more people can find us and join our fun convo! Resources: Biblical References- Ephesians 3:16 Matthew 11:28 1 Corinthians One Thousand Gifts, Book by Ann Voskamp

It's easy to look at the rich and famous and think that you aren't very wealthy. It can even grow a sense of envy in our hearts as we live out of comparison, thinking if we just had a little more, the peace we are looking for would be ours. What if instead of peace, wealth actually brings anxieties. Join us as we continue our series more than a hashtag exploring our views on wealth and what it might reveal about our heart. 

This episode is a confession about the bad habits that kept Adrian broke, the stupidity of living rich, and his 10-year trek to financial fitness. He confronts his own economic ignorance and walks listeners through the money mindsets he had to unlearn in order to grow. Debt is not normal. Money is not evil. Hustle is not a shortcut to a better life, a budget is. Daryl digs into the money questions Adrian gets most often (how did you "pretire" at 41?) as they discuss debt, generosity, investments, and why the most important economic decision you can make is your spouse. Ready for a wealth check-up?Books Mentioned:Financial Peace University (FPU) - https://www.financialpeace.com/The Next Millionaire Next Door: Enduring Strategies for Building Wealth by Thomas J. StanleyAll Your Worth: The Ultimate Lifetime Money Plan by Amelia Warren Tyagi and Elizabeth WarrenConnect:"AP" Adrian ParkerLinkedInTwitter @adriandparkerInstagram @adriandparkerBlog www.adriandparker.com"DC" Daryl CalfeeLinkedInInstagram @darylcalfeeOriginal music produced by Lord Alfred Brown - Connect

JumpStart and WOVU 95.9FM have partnered to bring you JumpStart Fridays, a show focused on supporting small businesses and entrepreneurs in Cleveland. Over the coming weeks, you'll hear from local business owners, business assistance and funding experts, community organizations and more as we dive into live and honest conversations about entrepreneurship. In this episode, JumpStart's Patrick Kucharson joins Sharia Livingston, the owner and founder of Living Rich and recent winner of the Cleveland Small Business Impact Program to share her entrepreneurial journey and review the support she received while working with JumpStart & other Cleveland organizations.

Money is a huge, if not the largest ruler of the societal world we live in. No it's not the only thing that can make us happy, but when our finances are in order and we are aware of maintaining our wellness in this pillar, it provides us with a sense of security.Today's special guest, Pauline Chapman, has been an expert in her field for over 50 years.She was the very first female bank manager for ANZ on the North coast of Australia and has received countless awards and accolades for the work and development she has contributed to the banking industry. She is recognised by her colleagues as an innovator, trailblazer and industry thought leader. Press play to get in on this conversation! Connect with Pauline here: paulineandroberto@icloud.com

Money is a huge, if not the largest ruler of the societal world we live in. No it's not the only thing that can make us happy, but when our finances are in order and we are aware of maintaining our wellness in this pillar, it provides us with a sense of security.Today's special guest, Pauline Chapman, has been an expert in her field for over 50 years.She was the very first female bank manager for ANZ on the North coast of Australia and has received countless awards and accolades for the work and development she has contributed to the banking industry. She is recognised by her colleagues as an innovator, trailblazer and industry thought leader. Press play to get in on this conversation! Connect with Pauline here: paulineandroberto@icloud.com

Coach Manny has an awesome conversation with Rich Binning the assistant store manager of Lulu Lemon. They jam on all things life, family, sobriety and fitness!

www.savagebabecollection.com Instagram: @savagebabecollection Your host: Monica - @adventurelustcollective Guided Journals/Books - @warriorpages If you enjoyed this episode, screenshot this episode and please tag us at @savagebabecollection To help build awareness to the Savage Babe Podcast, please leave us a 5-star review on Itunes :) We love you, babes! Thanks for supporting Savage Babe.  

Joe Duran grew up poor, in a one-room house in Rhodesia (now Zimbabwe) during violent and tumultuous times. Today, Joe is Head of Goldman Sachs Personal Financial Management, which serves clients across 100 locations throughout the United States. A proven entrepreneur, investor, best-selling author, and sought-after industry speaker, Joe previously built Centurion Capital, which he sold to General Electric Financial (GE) in 2001 and United Capital, which Goldman acquired in 2019.   Having  came to the United States with $200 in his pocket, Joe is the ultimate American success story. Through his entrepreneurship, he has not only achieved personal affluence but has created "hundreds of millionaires” and countless jobs for others along the way. He is also a unique business leader who starts with purpose and works outward, guided by philosophy and the belief that truly knowing his client will help them set better goals unique to their history and values.    In this conversation, we discuss philosophy, wealth, immigration, entrepreneurship, wealth management, parenthood, and the intersection of all of the above.    ===  SUPPORT THE SHOW: ✍️ RATE / REVIEW Crazy Money: >> http://ratethispodcast.com/crazyMoney    CONNECT WITH PAUL:

Living well, vs. Living Rich, --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/aphrodite-v/support

Have you ever made a cake from scratch? If you have, then you can agree that to make that rich and delicious goodness, a lot of things have to be considered. Just like our life! In today’s episode of Tactical Friday, I welcome back Angi San Souci to share with us her tactical steps into living rich. Aside from that, we will also talk about emotions and feelings, and how these things play together in achieving the richness that life has to offer. With that, let’s jump right in! [00:01 - 1:04] Opening Segment I welcome back Angi San Souci to the show Quick overview of last Monday’s episode [1:05 - 6:36] Steps to Living Rich  Realize your dream Should be based on what you want Make it real Things that you can do without a coach Knowing the feeling that we want to create Self-mastery [6:37 - 11:23] Dealing with Emotions Feelings vs. emotions Emotion being a reactionary  Emotions in realizing your dream How having a mentor and outside perspective helps manage emotions [11:24 - 12:46] Closing Segment Connect with Angi San Souci with the links below Tweetable Quotes:  “If you’re putting together a cake for a birthday or a wedding, you go through all the nitty-gritty details. Similarly, we’ve got to do that with our dreams and with our life.” - Angi San Souci “Emotion is energy in motion.” - Angi San Souci You can connect with Angi through https://www.facebook.com/DefendingYourDreams (Facebook), https://www.instagram.com/angi_sansouci/ (Instagram), or you can visit her website at http://www.johnmaxwellgroup.com/angisansouci (www.johnmaxwellgroup.com/angisansouci). Sign up for her monday morning motivation email at https://angisansouci.mailchimpsites.com (rebrand.lymondaymorningmotivation). Guest email: angisansouci@yahoo.com Did you love the value that we are putting out in the show? LEAVE A REVIEW and tell us what you think about the episode so we can continue on putting out great content just for you! Share this episode and help someone who wants to expand their leadership capacity or click https://podcasts.apple.com/us/podcast/tactical-leadership/id1498567657 (here) to listen to our previous episodes. Tactical Leadership is brought to you by Knight Protection Services. A veteran-owned and operated company, with extensive experience in risk assessment and crime prevention. Find out more by visiting  https://knightprotectionllc.com/ (https://knightprotectionllc.com/) If you want to learn how to build a better business check out my website at https://beatacticalleader.com/ (Beatacticalleader.com). You can connect with us on https://www.linkedin.com/in/zaknight (LinkedIn), https://www.instagram.com/beatacticalleader/ (Instagram), or join https://www.facebook.com/groups/BATLgroup/ (Our BATL Space) and become part of the community.

“When I talk about leadership, I'm not just talking about the professional matter but also about leading your world. Leading who you are on the inside as much as leading what going on outside of you.” This episode is part 3 of my conversation with Angi San Souci, a leadership coach, speaker, and trainer. She is also the executive director at the John Maxwell Team and a certified knowledge broker by Tony Robins and Dean Graziosi. Her passion for serving women and leadership comes from her journey of starting in a place of survival and going to thriving. If you weren't able to follow this episode, please go back and listen to parts 1 and 2. Join us in part three of this interview as Angi shares her journey on re-discovering and owning her story. [00:01 – 08:54] Re-build and Re-discover Angi talks about how she rebuilds herself to begin the journey of healing. Re-discovering herself again. Find new things that she loves doing. If I can do one thing for myself tonight, what would that be? Being surrounded by people who had similar values as yourself. Encourage you to be aware of your mindset and your capacity. Angi talks about one of John Maxwell's conference moments that helped her to make her decision. You can not kick the ball and drag the team. If your team in life is not willing to communicate the strategy on winning, maybe they are not supposed to be in the team from the first place. The healthy validation to leave the marriage  If there's someone in a relationship who is having an extramarital affair, then is the divorce is considered acceptable [08:55 – 15:14] Owning Your Story The process of merging her personal and professional Leadership. She stepped back to take care of herself. Take the journey in owning her story and experiences that she has been through The beauty in the re-emergent process She found herself in a very different professional place. Speaking about women empowerment through their personal and professional journey. When she talks about leadership, she is not just talking about the professional matter but also talks about leading your world. Leading who you are on the inside as much as leading what is going on outside of you. Integrate your stories and recognize the part of them that you have already written. The story is given to you for a reason.  You are setting the foundation for your next story in the future. Angi talks about how getting back to the Maxwell team, teaching, and coaching helps her thrive today. Hustle and grind because there is someone that needs her help. She feels that it's something that she gets to do. [15:15 – 23:16] Closing Segments What are you working on now, and what are your year-long goals? Work through her story and developing half-day and one-day workshops. Living Rich workshop; living life like you always eating a dark chocolate cake. Find your fight; the things that she used when she go through the dark period of her life to come out on the other side. What would the new you say to the old you? Girlfriend, Thankyou! Girlfriend, I know it sucks today, but I promise you that it's worth it on the other side. What is something that you would recommend to get someone through a tough situation? Do what connects you to the higher power; Read and study more of the bible and surround yourself with the faith-based community. Find something that connects you to the higher source is such a huge benefit. Angi book recommendation. The Four Agreements by Don Miguel Ruiz Intentional Living by John Maxwell Connect with Angi online! See the links below. Final words from Angi and me. Mentioned Links: https://www.amazon.com/Four-Agreements-Practical-Personal-Freedom/dp/1878424319 (The Four Agreements by Don Miguel Ruiz) https://www.amazon.com/Intentional-Living-Choosing-Life-Matters/dp/1455548170 (Intentional Living by John Maxwell) https://www.johnmaxwell.com/ (John Maxwell ) Tweetable Quotes:  “If your

All great adventures must come to an end and so does this podcast.  I have deeply enjoyed our time together each week and will miss our interaction. But for me, it is time to move on.  I am focusing on my expanding business and creating BWM University where we will guide entrepreneurs through their path to success. If you would like to participate, go to www.brownwelchmehta.com and click on the University tab.   Until we meet again I hope all of you can LIVE RICH! _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

Why is it that some people seem to shine in any sphere in which they choose to exert themselves, and others cannot manage even a glimmer despite obvious talent? Research shows that it’s the way that they think about their ability that really counts.  These people have a growth mindset. A growth mindset is the belief that intelligence can be developed. People with a growth mindset understand they can get smarter through hard work, the use of effective strategies, and help from others when needed. It is contrasted with a fixed mindset: the belief that intelligence is a fixed trait that is set in stone at birth. This week we will learn the five steps you can take to develop a growth mindset. _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

In the next few days, you will make one of the most important decisions of your adult life.  No, it is not who will lead our country – it is who will be the leader of you! Who will be the CEO of your life?  We have become a society racked by disease – no not COVID – but the disease of entitlement.  The belief that someone else should take care of you, someone else should take care of your health - someone else should take care of your economy -  someone else should take care of your education  - someone else should take care of your retirement  - someone else should take care of your wage rate  - someone else should take care of your mental stability  - someone else should take care of your future.  That is plain BS – it is just not how life works.  You have to do your own pushups, you have to eat right,  you have to get good grades to qualify for the education you want, you have to be good enough to make the team, you have to  deliver the results for the wage you want, you have to grow to get promoted, you have to save an sacrifice to retire with money.  As soon as you let someone else have the power over your life you sacrifice your own future.  Someone else is the master of your fate. You give up safety, security and freedom.    A rich life comes from just one thing – your own ability to take responsibility for and produce results in your own life!  _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

Here is what great advice does: It lifts you up and helps you unlock levels of your heart and your mind you never knew were there. It helps you show up more fully for yourself and others. It helps you claim your life as your own. But the best advice goes further. It is essential. It is universal. It is truth wrapped in carefully-chosen words. It doesn’t matter who you are or where you come from or what you’ve been through, the best advice removes labels and boundaries, traverses space and time and cuts through skin and bone to reach the heart of hearts buried within all of us.   During these challenging and uncertain times, essential wisdom and excellent advice help us find perspective, shift focus and stay grounded. They show us what really matters. They restore us to right-minded thinking and wholehearted living—and break us out of our fog of fear. Right when we need it most.  That’s why I’ve assembled the list of advice for this week. May these truths be the light that call you through the mists of fear. May they see you safely back to shore. May they comfort you and remind you of what’s important. Every single time you forget.  1. Your life is your responsibility.  2. The way someone treats you is a reflection of how they feel about themselves.  3. Life is all about managing expectations—most of all your own.   4. When you know better, do better.  5. Your word is your bond.  6. Work hard. Stay humble.  7. Just keep going. No matter what.  8. Release the idea that things could’ve been any other way.  9. Listen more than you speak.  10. Do what you’re afraid to do.  11. Be kind. Always.  And lastly - #LiveRich    _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

Susan is an International Speaker, Wellness and Business Coach of 25 years and a BRAIN training authority. She is a Managing Partner of SMARTCOACH7, a best-selling author and a Mum. Susan has operated businesses and studied in Australia, the USA and NZ. She has interviewed celebrities and worked with the leaders in the world of personal and business development. Applying the steely focus she has become known for, Susan is passionate about sharing her knowledge and experience to help others live healthy, rich lives. Susan is a rape and DV survivor: buried a daughter and raised a son with an intellectual disability. She says that the one message she wants to share is that success is the process of continually growing and improving oneself and it starts with overcoming doubts, fears, anxiety, procrastination, and as a result of quality thinking and intended action and, it can all be learned. Find out more about Susan's coaching below at: https://wellnessandbusinesscoaching.com https://meetsusansheehan.com/speaker/ ...and as always, enjoy the listen. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/archdevops/support

Being present means fully enjoying the moment that you are in. It is the moment when you are calm and you know exactly what you want. You are focused on what you’re doing without thinking about anything else. That’s when life is more real. For how long have you not been present, living the moment you’re in, feeling the now completely? _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

Franklin is a young Professional studying in The Netherlands and Author of the Finance Book, Living Rich as a student, The book about how international students can manage their finances and live their student life in the Netherlands. Today, Mauro sits down with Franklin to discuss his new book. NOW AVAILABLE IN EUROPE & ARUBA.

Debra Kasowski, TEDxSpeaker and the charismatic host of the thought-provoking podcast, The Millionaire Woman Show, is committed to enriching the leadership potential of her countless clients, essentially guiding them to go within to capitalize on their true personal power, so they can achieve the measurable success they desire in business, and in life.    After graduating with distinction, having earned a Bachelor of Science in Nursing, this award winning, three-time bestselling author, speaker and Certified Executive Coach spent many years as a clinical manager excelling in leadership development, before founding Debra Kasowski International, a world-class training and consulting venture focused on helping aspiring business owners and solopreneurs develop the winning “success habits” that transform human potential into sustainable profits. Debra is certified as both an Emotional Intelligence and an Appreciative Inquiry Facilitator.   Clearly, if you’re motivated to move beyond the mediocre, inspired to forge on to the forefront with a proven plan of action, there’s no doubt that the indomitable Debra Kasowski is your solution.   In this episode, Karen and Debra discuss: Success Story of Debra Commit to Get Leads Pay attention to what people are saying, what those unexposed fears are. In order to do that, you have to expose yourself to people, especially groups of people, and listen.  Consult to Sell Assess where a person is at. Where they are now is not where they are going, so you need to focus on the future, not focusing on the current circumstances.  Connect to Build and Grow Grow your business with a thought of being prepared for the success you would be stepping into if you were to go on Oprah or Ellen.  Success Thinking, Activities and Vision Mindset is everything. Be aware of the voices you are allowing into your mind and what you internalizing. Don’t allow the negative voices to become all-consuming and stop your forward momentum.  Sweet Spot of Success   "Instead of thinking that you're going to be networking and prospecting with everyone, I want you to be really selective of who that might be. Because there's so much power in working with the right people, it's not about the quantity of leads, it really truly is about the quality."- Debra Kasowski   *5 Minute Success - Listener Giveaway* Go to DebraKasowski.com to receive your FREE 3-Part Video Mini Course Making Habits Stick download when you sign up for our Success Secrets Newsletter. Book your Complimentary Discovery Session with Debra today!      Connect with Debra Kasowsk Website: DebraKasowski.co Book: GPS Your Best Life & Let’s Be Curious & The Entrepreneurial Mom’s Guide to Growing a Business, Raising a Family, and Creating a Life You Love Show: The Millionaire Woman Show YouTube: Debra Kasowski LinkedIn: Debra Kasowski Twitter: @DebraKasowski Facebook: Debra Kasowski Instagram: @debrakasowski TedXTalk: Packing a Difference in a Shoebox     About the Podcast Join host Karen Briscoe each week to learn how you can achieve success at a higher level by investing just 5 minutes a day! Tune in to hear powerful, inspirational success stories and expert insights from entrepreneurs, business owners, industry leaders, and real estate agents that will transform your business and life. Karen shares a-ha moments that have shaped her career and discusses key concepts from her book Real Estate Success in 5 Minutes a Day: Secrets of a Top Agent Revealed.   Here’s to your success in business and in life!     Connect with Karen Briscoe: Twitter: @5MinuteSuccess Facebook: 5MinuteSuccess Website: 5MinuteSuccess.com Email: Karen@5MinuteSuccess.com   5 Minute Success Links Learn more about Karen’s book, Real Estate Success in 5 Minutes a Day   Karen also recommends Moira Lethbridge's book "Savvy Woman in 5 Minutes a Day"   Subscribe to 5 Minute Success Podcast   Spread the love and share the secrets of 5 Minute Success with your friends and colleagues!     Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.    

In episode 153 we learned Success Secret #1 - Persistance.  That ability to hear no over and over and over and never give up.  This week we learn what must we must have even before we have persistence.  Success Secret #2 is Confidence.   This week we will learn the 4 C's of Confidence: - Courage - how to sep out into the unknown - Commitment - the driving force for change - Capability - the skills to get you there - Confidence - the sum of the courage, commitment and capability to achieve your goal _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

If the words 'debt,' 'credit score,' or 'savings' make you cringe, you are not alone.  Money topics such as debt, student loans, salary, credit scores and even saving for the future can cause paralyzing anxiety. In a recent study on financial literacy only 2 in 5 adults believe that, if their money could talk, it would say. “We are working well together”   So, to help improve your relationship with your money, we are going to discuss 10 potentially embarrassing money topics and come up with some suggestions so we can tackle them with confidence. MorBEING FINANCIALLY literate, or understanding all aspects of your financial life, is crucial to becoming confident about money. But often, we’re too embarrassed or uncomfortable to talk about money openly. According to a 2013 Wells Fargo survey of over 1,000 adults, 44 percent of respondents said "personal finances" is the hardest topic to discuss with others, followed by "death" at 38 percent and "politics" at 35 percent. Money topics such as debt, student loans, salary, credit scores and even saving for the future can cause paralyzing anxiety. In a recent study on financial literacy only 2 in 5 adults believe that, if their money could talk, it would say. “We’ve been a successful team.”  So to help improve your relationship with your money, we are going to discuss 10 potentially embarrassing money topics and come up with some suggestions so we can tackle them with confidence.    1. Are you spending well above your means? 2. Are you in debt because of overspending? 3. Are you in debt because of bad financial advice? I 4. Are you loaning money to friends and family? 5. Do you have too many Credit cards? 6. Do you have a weak credit score? 7. Are you being crushed under the burden of student loans? 8. Are you enrolled in a 401(k)? 9. Do you not knowing how to save? 10. Can you talk about money with your significant other - and not fight? Now that you’ve made it through the list (perhaps with a bit of squirming), don’t feel like you need to tackle all of this. Start small and commit to improving one aspect of your financial life at a time. Before you know it, the taboo money topics will be a little easier to discuss and manage and together, we can Live Rich.  _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

Do you ever wonder if you will you ever succeed?  Will you “make it” to the success land? Don’t worry, you don’t need to read a crystal ball to predict your future. To achieve success in life, you need a single trait that any person can develop.  And it doesn’t take years to develop the trait. You can develop it right here, right now.   Right now before this podcast ends. _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

I just finished the Tony Robbins five day Business Mastery event and my one big take away is that we all need a plan B. For many of us that Plan B is a side hustle that needs marketing. For some entreprenaurs and individuals, getting started on YouTube can be scary. Trust me when I say that the benefits of being on YouTube greatly outweigh the downfalls. Don’t let your initial nervousness get in the way of giving this powerful channel a try. The most important thing you’ll need for a successful YouTube channel is something you most likely already have — an understanding of who your audience is, as well as what kinds of things they may find valuable. Taking note of your audience and their interests will help you determine where to focus your efforts when creating content for YouTube. Video content can reinforce your branding efforts and show off your business expertise. However, it’s also a great way to entertain, educate, and connect with people. In order to truly make the most of the opportunity, here are 10 things you’ll need to do when you’re first getting started on YouTube: _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

Running a small business, a family or just your own life can be demanding, and you’ve probably found yourself working late into the night on more than one occasion or unable to sleep due to the stresses of the day. Naturally, this can erode your ability to be productive and can even ruin your health. If you are too stressed to sleep, you are not alone. More than one third of us are sleep-deprived. But to give each day your best, adults need seven to eight hours of sleep each night. Getting less than the required amount of sleep can affect your health, your mood and your brain’s ability to function—and the longer you go without the sleep you need, the more the harmful effects compound. So it pays to make sleep a priority every night of the week, even if you need to cut back on your work time to do so. This week we will discuss why you should make sleep a priority and how to make sure you get the ZZZs you need.  _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

Prosperous businesses don’t pop up overnight. Someone drives them to success.  That person is their leader.  This applies to families too, not just business.  Every family hits a rough spot, and every family has one person they look to as their leader. Everyone has to weather a rough patch at some point, and while business leaders must make tough decisions on how to improve their situation, they also have to pay close attention to team morale. The most damage to a business and a family often comes from low spirits.   This means, when trying times hit, your company and your family will need a leader more than ever. In recent months, the novel coronavirus disease (COVID-19) has negatively impacted businesses all over the world, with 79% of US businesses impacted and 34% of working adults are unemployed.    Income, sales and revenue are falling short. You may be facing the prospect of downsizing. Your best employee might be struggling to work remotely full time. Your team's morale is at an all-time low, and it's your job as their manager to lift their spirits and get them back on track. Your family may be on the brink of falling apart.   As a result, many have adapted, expanded their products and found new ways to engage their market. The good news is, you can too. To help guide your operation through crises, here are some leadership tips.  It is designed for business, but the same principles apply for leading your family. _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

One of the biggest mysteries of my business is that most of my clients do not want to review their financial statements monthly or even quarterly.  Is it because they trust us so much?  No. Is it because we are so good at keeping their books? No. Is it because I have assured them I will “watch out” for their business? Sadly no. It is because they do not understand the elements of their statements and this is backed by research.  A 2019 SBA report showed that over half of small businesses were not reviewing their financial statements. And of that 50%, 86% were experiencing financial difficulties. Why? Businesses weren’t reviewing their statements … because they didn’t understand financial jargon. This week we are going to have a quick lesson in financial terms.  I am putting the full podcast in the show notes this week, so use it as a reference while you’re working with your accountant or while going over your books each week, month or quarter. First the easy stuff: Income Statement Your income statement is also called a profit and loss statement or earnings statement. An income statement shows all the money your business makes (i.e. profit).. Income statements are generated for a fixed period of time - generally monthly, quarterly or annually depending on the company and their needs.  It is very helpful if it includes the information for the same time period for the comparative prior periods. Example: First quarter of 2020 as compared to the first Quarter of 2019. Then you can use the data to compare results against same time frame. The Income Statement has several major sections that should be in the following order: Gross Sales or Revenue Gross sales includes the total of all sales activity during a reported period. Items like sales discounts, sales returns, and sales allowances are recorded on separate lines form Gross Sales. Net Sales or Net Revenue Revenue is the total amount of money a company brings in from its business activities after discounts, returned goods, and other sales allowances have been deducted. Businesses that sell goods, such as retailers, are more likely to refer to revenue as net sales. It is also called top-line because it usually appears at the top of an income statement. Cost of Goods Sold or Cost of Revenue Cost of goods sold refers to the full cost for the production of the goods a business has sold.  For example, if you sell shoe lace, the money the customer gives you to buy the shoe laces is revenue and the money you pay to the supplier for the shoe laces is cost of goods.  Another example, if you have a mental health therapy business, the amount the patient pays you for a session is revenue.  The amount you pay the therapist for an hours work to conduct that session is cost of services.   An accurate calculation of the cost of goods or services is critical to efficiently run your business. Gross Profit Gross profit is the cost of goods sold or cost of revenue subtracted from net sales.  This is the first and most important judge of the health of your business as it is the first determinant of how profitable a company is. It indicates the profitability of the products and services the company offers before considering operational expenses or overhead. Gross Profit Margin Gross profit margin refers to the ratio of the revenue that you keep as gross profit. It is also called gross margin or gross profit percentage. The formula to calculate this is (Gross Profit/Net Sales) x 100. A detergent business whose gross profit is $20,000 with net sales of $50,000 has a gross profit margin of 40%. This means the detergent sold returned 40% on the capital that’s directly associated with the detergent production. Now for the Overhead Operating Expenses Operating expenses are the costs tied to a business’s core operations outside of production costs, which are generally classified as cost of good sold. Operating expenses include selling, general and administrative expenses that are not directly related to the production of the company’s products or services. Selling, General, and Administrative Expenses (SG&A) Selling, general, and administrative expenses are expenses you incur while selling your products and services. They also include the cost of running your business on a daily basis. Below is a breakdown: Selling expenses include the cost to sell the goods you’ve already produced or purchased. This excludes cost of production or purchase. It includes: expenses related to sales material, traveling, advertising, delivery, warehousing, telephone bills, salaries of sales employees, and sales commission. General and Administrative expenses are usually more fixed than selling expenses. They include expenses related to rent, mortgage, insurance, utilities, and salaries of non-production and non-sales employees. Operating Income Operating income is the revenue or net sales that’s left after you deduct operating costs. It is also called operating profit or earnings before interest and taxes(EBIT). Its calculation excludes non-operating expenses like interests, taxes, lawsuit settlement expenses, etc. Operating Margin Operating margin is the ratio of revenue or net sales a business keeps as operating income. It is calculated by dividing operating income by revenue or net sales. The result is then presented as a percentage by multiplying by 100. For example, a business’s operating income was $10,000 on a $50,000 revenue or net sales. Its operating margin is then $10,000/$50,000 = 0.2 x 100 = 20%. Operating margin helps determine how efficient a company’s day-to-day operations are. In the example above, the business’s day-to-day operation made $0.20 for each dollar of revenue. Non-Operating Expenses and Loss Non-operating expenses are costs incurred due to activities unrelated to a business’s core operation. These activities don’t have tangible effects on operating results. This includes, but is not limited to, interest and insurance. A non-operating loss is loss incurred from activities that don’t relate to business operations. A good example would be a loss incurred as a result of a lawsuit settlement or a flood. Non-Operating Revenue and Income Non-operating revenue and income is the total profit created by a business from activities that aren’t tied to its core operations. Examples would include proceeds from selling business equipment or realizing a gain on a special transaction. Net Income Net income is gross profit minus all other expenses incurred during the reported period and also reflects any additional non-recurring income and expenses. It is the overall determinant of how profitable a business is. Here’s an example. If your gross profit is $20,000, and you spent $10,000 on operating and non-operating items, your net income would be $10,000. Those are the elements of the Income Statement or Profit and Loss. Net Revenue less Cost of Goods or Services equals Gross Margin. This is what you have left to pay for overhead and yourself. Operating costs are Selling, Marketing and Administrative.  When you subtract this from Gross Margin you have Operating Profit.  This is what tells the health of your business. Then there are the one time, odd things like floods, sale of equipment, interest and tax expense that are called Non-operating income and expenses. The bottom line calculation is called Net Income, which is what is left over for the owners. Now it gets a little more complicated.  Let's talk about the Balance Sheet. Balance Sheet Your balance sheet gives an overview of the financial situation of your company. Unlike an income statement, a balance sheet offers a snapshot of a business’s finances at one specific moment in time. A balance sheet consists of three segments: “Assets” - which are everything you OWN “Liabilities” - which are everything you OWE “Owner’s Equity” - what is left for you. These three segments must balance out in a simple equation. Assets = Liabilities + Owner’s Equity. Hence, the name balance sheet. Assets An asset is any item your business owns that is of fiscal value and is expected to benefit the business in the future. Cash and Cash Equivalents Cash and cash equivalents are assets and items that a business can easily convert into cash. Cash equivalents could include checks, certificates of deposit, and treasury bills. If your business doesn’t have cash equivalents, it would only report its cash-on-hand and in the bank. Accounts Receivable Accounts receivable is the amount of money a company has invoiced that has not yet been paid by the customer. It is from having sold goods or rendered services to its customers. This is what other businesses or customers owe your business. Prepaid Expenses Prepaid expenses usually arise when businesses pay in advance for goods and services needed in the near term.. Prepaid expenses usually appear on a balance sheet in the current assets subsection. This is because they’re usually due within 12 months. Prepaid expenses Insurance is one example of a prepaid expense. For example, assume your business pays up front for an an insurance policy of $2,400 with a 12-month term. You will initially have a $2,400 prepaid expense asset on your balance sheet. As each month passes over the 12 month period, you’ll reduce this asset by $200 and record an expense until the expense has been equally recognized over the course of the term. Other typical prepaid expenses include rent, supplies, legal and other products or services paid for in advance. Inventory  Inventory is the product you have on had to sell, but has not yet been sold.  For example, all the books on the shelves in Barnes & Noble are inventory.  Things they have purchased to sell, but have not yet been sold. Fixed Assets Fixed assets are a long-term tangible piece of property or equipment that a firm owns and uses in its operations to generate income. Fixed assets are not expected to be consumed or converted into cash within a year. Fixed assets most commonly appear on the balance sheet as property, plant, and equipment(PP&E). They are also referred to as capital assets. An example would be manufacturing equipment, delivery trucks, computers, etc. The next section of the Balance Sheet are the Liabilities Liabilities A liability refers to any financial amount  a business owes. This includes trade and accounts payable, accrued expenses, loans, mortgages, and even advance payments received from customers for goods and services not yet delivered or rendered. Liabilities are reported on balance sheets as short-term (current) and long-term liabilities. Current liabilities are typically obligations that are due within a year. Accounts Payable Accounts payable is also called trade payable. It refers to the total invoices for goods and services a business has received, but has yet to pay. They’re usually due for payment within 15 to 45 days. In short, this is money your business owes to other businesses. Accrued Expenses Accrued expenses are expenses that a business has incurred but has yet to pay. This is because either the invoices have not yet been received or the payments aren’t yet due. Accrued expenses are generally created by an accounting entry to reflect these liabilities. Examples of accrued expenses include interest on loans and taxes incurred. Salaries your employees earn up to the period of reporting, but aren’t due for payment until after the report is prepared, are also accrued expenses. Unearned Revenue Unearned revenue refers to advance payments a business receives from its customers. It is also called deferred or prepaid revenue. It’s considered a liability because you received the payment but haven’t delivered the product or service yet. Unearned revenue is treated similar to prepaid expenses.  Whereas the prepaid asset is reduced and the expense is incurred monthly over the period of a contract the opposite is true for unearned revenue. In this case, income is incurred evenly over the period of a contract and the liability is reduced accordingly. Notes Payable and Notes Receivable Notes payable are are amounts due to other parties outside of your usual trade and accounts payables. . These could be funds borrowed from a bank or an amount owed to a supplier for raw materials delivered. Notes payable are a debt instrument. They are recorded as a current liability on a balance sheet if due within 12 months. Notes receivable is the opposite of notes payable and represents amounts owed to you that are outside typical customer receivable transactions Examples may include loans made to employees or shareholders. Notes receivable appear as a current asset on a balance sheet if expected within 12 months. Owner’s Equity Owner’s equity is the totality of the owner’s investment into the business. This is the portion of assets that belongs to the business owner. It is derived by deducting total liabilities from total assets. Owner’s Equity is not the fair market value of a business. Statement of Cash Flow Cash flow refers to the flow of cash moving into and out of a business over a fixed period of time.. When a business receives more cash than it sends out, it is cash flow positive. A business is cash flow negative when it spends more than it receives. Everything is recorded on your Income Statement or your Balance Sheet.  Every item has two sides, thus Double Entry Bookkeeping.  So, if you pay the electric bill, the payment is recorded as an expense in the Income Statement under the category of Utilities and the other side is a reduction to cash or an increase in accounts payable. Managing your finances is one of the most important parts of running a business. Unfortunately, small business owners who have little financial background shy away from these responsibilities. By learning these key financial terms, you’ll be more able to understand your financial statements, communicate with finance professionals, and monitor your business’s cash flow. If you have any questions email me at cindy@cindybbrown.com.  Until next week Live Rich! _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

After years of earning and saving money, you may be left wondering how you can increase you income further. Or, if you received a recent "pink slip" you make need to find a way to make some income. Investing probably comes to your mind fairly quickly. After all, we’ve all heard stories of people making a lot of money off of the stock market. So how can you invest to make money? _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

Last weekend I attended the Tony Robbins virtual Unleash the Power Within event with 22,500 of my closest friends.  What an experience.   But, one of the early questions was “what is success?” Is it wealth? Is it happiness? Is it fame? How did we define success? The late Zig Ziglar was one of the most respected modern day experts on success, motivation, and leading a balanced life. In his book Born to Win!, he argues that success cannot be defined in one sentence, but instead it is comprised of many things. One could argue that the definition depends on the individual and that one size does not fit all.  After some real soul searching I found 21 different definitions of success. Not all of these will resonate with you, but chances are at least a few of them will. Use these or find inspiration here to create your own definition of success that can be applied to your unique life.  _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

For longtime listeners, this guidance may seem repetitive. But even if I stressed this point every month, it may not be enough.    Investing in risky assets like stocks and corporate bonds should never be the first step you take in building wealth and establishing financial freedom. It should be one of the last.   But why am I doing this again?  Well, somehow COVID had make people think that they can be an investor in their down time.  My son, and many many of his friends have invested with the App Robin Hood.  The app makes recommendations on trades and even teaches you to day trade. While some of these elements are great - there are some big big cautions you need to take before even think about investing.   All investors – and I mean all – must go through these mission-critical preparatory steps first... Clearly Define Your Investment Goals Know Your Investment Horizon Understand Your Risk Tolerance Clean Up Your "Personal Balance Sheet" Then you can invest in the top two tip I have this week. _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!

One of the easiest things you can do to help keep your financial house in order is to get organized. Having your financial information stored and processed in a systematic manner will go a long way in helping maintain your finances. This week we will cover five easy steps to get your finances organized. Start a Basic Filing System Keep Important Documents Organized How Long to Keep Your Documents Keeping Your Information Safe Being Organized for Your Heirs _____________________________________________________ Get my NEW book Pragmatic Prosperity now! Download Think and Grow Rich ---> CLICK HERE Listen on iTunes or Listen to/download this episode here: Love the show? Tweet me a shoutout at: @Cindybbrown777 Want to sponsor episodes of Unlocking the Secret of Living Rich?  Email Cindy at : cindy@cindybrown.com Mentioned in this show: Follow us on Facebook: Cindy B Brown Subscription/SocialLinks: Subscribe on iTunes! Subscribe to the Living Rich Mailing List http://www.cindybbrown.com LIVE RICH!