As someone who advocates for personal finance, it is still a struggle to maintain momentum. There have been times when I’ve been blindsided by bills and times when I’ve completely ignored my finances. If this has ever been you, you are not alone. The world revolves around money and it can be overwhelming to constantly think about who you owe, needing more income, whether you’ll make ends meet this month, etc. Although, we may have good intentions, our actions may not support those intentions. You may have to pause and press reset but that’s okay. Reset as many times as you need to but never stop progressing. Your finances will change as seasons in your life change, reset and adjust. To get started, here are a few tips to get your finances on track.
I am an intern. With that said, my position is often associated with mundane tasks. If a superior asks for coffee then I should already be making my way towards the nearest StarBucks to order a vanilla latte. On the contrary, while my superiors do enjoy their daily caffeine, they do purchase it on their own their accord while trusting me, a social media marketing intern (to give you an exact title), to fulfill my duties. Whether such tasks may be writing a blog post or doing research on venture capitalists, I am responsible for crafting material that the company–EqualSpace–actually uses for the betterment of their company. There, I realized that my summer work was not going to be condensed to fulfilling errands, but rather immersing myself in an authentic work experience. My boss, Citi Medina, only confirmed my hopes for a genuine internship when he called out to me and asked, “Hey Nana, wanna join me next Wednesday when I go over to speak at YouTube?” Of course I said yes.
Medina and I met up that Wednesday morning at 9 am and set our sights on New York for YouTube studios. Medina, decked out in his swagger induced outfit, sat with me as we traveled. Our conversation began with the basics. He asked me about my school, my interests in academia and where I saw my major taking me. The small talk, however, only lasted for so long as the two of us began reviewing his upcoming presentation while progressively learning more and more about one another. If there were any previous position barriers between superior and intern present before then Medina and I had surely stripped them.
Upon finally reaching YouTube Studios and being kindly greeted, Medina and I met with his audience for the hour–the women of the BSTEM project. After being acquainted with them, he began his presentation and I was there to capture the moment. While Medina did face a number of technical difficulties, his readiness, wittiness and humor combated even the slightest technological mishap. He retained everyone’s attention and the videos and pictures I snapped are reminiscent of that. As the presentation came to a close, Medina and I congratulated one another on our work for the day and we were even gifted with a remarkable tour around the YouTube venue. But my gift was not necessarily the YouTube experience but much rather that I was asked to partake in it. Medina confirmed for me that I was not just an intern, but an EqualSpace intern and that made all the difference.
Windfalls are unexpected money that we get. Some examples are a larger tax refund check than expected, hitting a lottery, money gifts from friends or family, e.t.c. Just as you budget for emergency reasons, you should also budget for windfalls. It is natural to get excited when you happen to have more money in your pocket but it is also very important to be able to contain this excitement and focus on priorities.
Windfall budgeting requires focus on three major priorities which are debt, saving and spending!
To read more on why it is important to focus on these three priorities click here
Money management is one of the most essential tools in life. It is not only about how much you can save, it is about how much you can invest, and how you can multiply your savings.
In this video, personal finance guru and author Ash Cash offers practical and actionable personal finance tips, which you can get a jump on now. His expertise extents to subject like getting the right life insurance, importance of property investments, e.t.c.
While discussing what it truly takes to become a successful entrepreneur, one will discover that some very soft skills outweighs book smart. In an interview with black enterprise, Author K. Renee Ward talks about the common overlooked skills needed to turn one’s passion into a paycheck.
One of the overlooked skills happens to be resiliency. Resiliency is the capability to recover quickly from difficulties and toughness. It means bouncing back and becoming better. The ability to bounce back is not as easy as you might think. It requires a positive mind and handwork. Though we try to avoid difficulties or failure, they are bound to happen. It all depends on how you want to deal with this failure, will you let it break you or will you bounce back and never make the same mistake again?
For more overlooked skills and to find out about Ward’s secret sauce to success, click here
Running a business requires countless numbers of skills to keep it up and running. Communication can either make or break your business; therefore, a good communication skill is vital. In this article, Jill Schiefelbein, professional Speaker and Business Communication expert, emphasizes on the biggest communication mistakes entrepreneur tends to make. As humans, mistakes are bound to happen but it is important to learn from those mistakes so they do not happen again. Schiefelbein employs 14 female founders in this article to discuss steps to strengthen one’s communication skills.
Some of the steps are as follows:
1. Making sure your audience understands YOU, whether it be investors, employees, etc.
2. In person interactions are much more beneficial than texting, emailing, etc. Communicating via email or text does not always answer an individual’s questions or concerns efficiently.
3. Communicate in general. Do not always rely on yourself to complete tasks; furthermore, try to think as a group because of the more knowledge you add to the table can bring better success.
For the many more steps to strengthen your communication skills and some common communication mistakes, click here.
Everyone loves TED Talks, they are inspiring and thought-provoking. We all have been that person who watches one TED Talk to uplift your spirits and end up elbow deep within the next two hours captivated by the revolutionary thoughts of creative geniuses. =SPACE is giving you the opportunity to delve elbow deep in riveting stories and talks with others who share similar interests. Come enjoy some great TED Talks and great discussions!
We would love to crack open a cold one and delve into intellectual conversations with you!
What does it mean to be a successful woman in 2017? According to 2016 BNP Paribas Global Entrepreneur Report, almost 90% of women entrepreneurs expected their companies’ gross profits to increase or remain stable in the next year. More specifically, 61% expected profits to rise, compared to an average of 58% among all entrepreneurs. Are we to measure success by statistic or experiential growth? Women-In-Novation indirectly focused on this question. =SPACE hosted Women-In-Novation to showcase the power of women. It is important for people to see women like our Keynote speaker, Nathalie Molina Niño, Founder and CEO of BRAVA investments, a multi-million dollar holding company, discuss her experience as an entrepreneur.
When women are discussed, there is a major focus on being perfect and brave. They have to walk a mile in their predecessors’ shoes instead of trying on their own. We only acknowledge a women who diverts to a different path when there is crowd. We do not walk with the woman when she is struggling with the bumps and steep curvatures that they have faced or will face in the unforeseen future. Society is a fickle beast that “goes with the flow” because it is how we humans learn to survive. However, there are women who leave society at the door, to watch their magic come to life, and it’s time that we stop waiting until we hear sounds of success to accept change.
Women-In-Novation celebrated the women that thrives on change and challenge. We support everyone who is willing to take charge and make change. Women-in-Novation is not only about women but also about enlightening everyone and showing that powerful women are nothing to fear.
= SPACE is a place for entrepreneurs, creatives and leaders to come together, share stories and empower each other to move forward. Our fireside chat is meant to bring innovators and mavericks doing amazing things in their respective industries.
Our Spring 2016 Join us for a fireside chat with Kimberlee Williams, Founder & CEO of FEMWORKS. Williams is a Senior Fellow at the Business Alliance for Local Living Economies (BALLE). She is a community builder and has launched several small business advocacy organizations. Our Chat will focus on Marketing and Local Engagement. The conversation will focus on hyper local messaging and what it means.