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Thank You for Joining Us, The Webinar Will Begin Shortly. While you are waiting please check out the Calendar of Events on and sign up for the next WMO webinar.www.wipp.org
Women Accessing Capital Program: National program from WIPPs Women, Money and Opportunity series. The program is designed to educate women business owners on how to secure the money that will support and grow your business.
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Women Accessing Capital Training: 5 Steps to Grow Your Money… Course Instructor: Camille Gaines
Fewer than two in 10 feel very prepared to make financial decisions According to a 2011 study by Charles Schwab Studies have shown that over 90% of women will be in charge of her own finances at some time during her life In a 2011 study carried out by Catalyst Group, the findings show almost 1 in 3 women endure sleepless nights thanks to financial woes.
Forbes articleForbes article The 5 Most Expensive Mistakes Women Make 1: Being emotional about money 2: Losing track of spending 3: Not being money oriented 4: Disregarding the wage gap 5: Believing a man is a plan
These mistakes can all be easily resolved by putting some simple systems in place to monitor and grow your money The great news is….
Define Your Money Reasons
A Fabulous First or Second Home?
Assign Time & Dollars Goals Live Congruently Childhood Beliefs Money Habits Your Money Reasons….
Step 2 Know Where You Are
Get to Know Your Numbers even if someone else handles your finances!
Get in the Trenches with Your Numbers!
Own and Own Statement Own Responsibility for Current Situation Future Value Are You on Track?
Barriers to developing a detailed financial plan include: Lack of time The pull to meet shorter-term financial obligations Lack of knowledge An unmet desire for assistance & help Source: Charles Schwab Retirement Advice Survey Dec 2011
Invest in You! Give your money the time and attention it deserves so you can have financial security!
Create Positive Cash Flow Step 3
Money Flowing In-Money Flowing Out
Track Each Month Increase Income or Reduce Spending Brainstorm! Cash Flow Bliss
Are You on Track?
Income Has More Upside Creating Income Invites Growth Its More Fun How Can You Add Income Now? Increasing Income
Relates to your: Money Reasons Net Worth Cash Flow Start an Income Idea Journal:
What Did You LOVE To Do as a Child?
Debbi Fields at age 20 Estee Lauder -sold products made by her uncle but later branded them Coco Chanel Oprah Winfrey Anita Roddick Mary Kay Ash Kendra Scott Amilya Antonetti Think Income & Passion!
Spending Relate to Money Goals? Budget Spending Plan Spend Consciously! Savvy Smart Spending
Hmmm…another pair of shoes or??? Its your choice!
Think Gratitude Not Lack
Schedule it on the calendar, then reward yourself after your Monthly Cash Flow Calculation !
Entrepreneurs, Energy & Environment (E3) WIPP Gateway Program for Opportunities in Energy & Environment Give Me 5 WIPP Gateway Program for Federal Contracting Women Accessing Capital WIPP Gateway Program for Securing Funding Powered by WIPP Education Foundation: Women And Technology Today WIPP Gateway Program for Understanding Technology in Business. Women, Money and Opportunity brings resources and a wealth of knowledge from experts within the WIPP community to educate women business owners.