Tag Archives: financial goals

Top 5 money challenges small business owners face

By Charmaine Huber, Money Coach

Portrait Of Couple Running Coffee Shop Behind Counter

Most people don’t start a business for the sole purpose of making money. There are much easier ways to make money than to build a business. At the risk of sounding too mystical; it’s more often a soul purpose that creates the energy behind entrepreneurial success. People who start businesses are passionate about what they do. But here’s the thing, people who stay in business, the people who thrive and grow, are also practical about what they do. They know that even if they don’t feel comfortable in the world of profits and losses, debts, taxes, budgets and retirement; learning how to take control of their money and having a financial plan in place will make them more successful and allow them to continue doing what they love.

Here are the top five money challenges you’ll face as a small business owner: Continue reading

September is a great time to check-in with your financial goals

No matter how many years it’s been since we’ve tossed a graduation cap in the air, the back-to-school energy of September motivates many of us to re-commit to moving forward in our lives; making it the perfect time to check-in with our financial goals.

CROPPED UPDATED-7-Stages-of-Financial-Well-Being-732x1024As Money Coaches we help people progress through the 7 Stages of Financial Well-Being™ to ultimately achieve financial fulfillment. A great way to set goals is to recognize which stage you are in and to understand what you need to do to move to the next stage. You may be able to determine where you are by reading the descriptions of each stage in the graphic (click the image to enlarge), but you can also download our 7 Stages of Financial Well-Being™ Quiz to see where you stand.

Maybe you are already very clear about which of the 7 Stages you are in, yet you feel stuck. Continue reading

Aligning your Money with your Goals

UNSTUCK - How to Get Out of Your Money Rut and Start Living the Life You Want

UNSTUCK – How to Get out of Your Money Rut and Start Living the Life you Want
by Karin Mizgala and Sheila Walkington

(Excerpt from: Chapter 6 – Getting What you Really Want)

Anna and Joel dreamt of owning their own home. They were paying a fortune to live in a small basement apartment. They had debt, and they were in the habit of getting out of town on the weekends to enjoy a better quality of life. Because she couldn’t believe they would ever buy a home, Anna would buy $100 Home Lottery tickets in the hopes of getting lucky.

They wanted a house, but they didn’t let themselves want it enough to make it a priority. Instead they squandered money and perpetuated a spending pattern that made home ownership seem impossible. Continue reading