Money Messages from OwnYourMoney.com
From Belinda Fuchs, CPA Edition: VI-2009
Greetings!
 
Poor communication skills can be disastrous to your finances.

Whether you need to negotiate a raise, establish priorities in a group, keep financial conflict out of your relationship, cut your interest rates down on your credit cards, or just find the best place to park your retirement savings--you'll need to communicate your position clearly and be open to understand the views of other parties.

This month's feature article--The First Step for Couples to Own Their Money--is all about communication. How to communicate honestly and openly with your spouse about money; it's great advice for couples and the lessons will translate just as well into other areas of your life.

This month's OYM Success Story video is Dov Friedmann. He had to work on his internal communication--and his external action plan--to turn his 'Tough Times' mentality (and reality) into record-shattering business in the last few months.  

I've worked to evolve my communication with you, as well. You'll see in the OYM Tips section below that I've been working on a 5-part video series (2 down, 3 to go...) and you get free access. I hope you enjoy and I'd love your feedback!

Hope you had a great summer,
Belinda and the OwnYourMoney.com Team 
 
PS - New course dates have been announced for the Money Mind Makeover
and Couples and Money course. See below for details.

PPS- Want a new creative way to teach the teenagers in your life about money?
Check out this month's BONUS COUPON! Top
In This Issue
Feature Article
Success Stories
Small Business Success Program
OYM Programs and Events
In the News
OYM Tips

FeatureFeature Article  
 
The First Step for Couples to "Own Their Money"

Your relationship with money can be complicated and,    Couples talking
added to that, a relationship with your partner can be
complicated as well. Given that the two will undoubtedly
combine, you can quickly predict even further 'complications'
on the horizon. This is why so many couple relationships
fall apart over the same issue: money.

No matter how complicated it seems, fixing a couple's relationship with money is actually very simple. I've been fortunate enough to work with many couples that have been stuck in a stressful cycle of living beyond their means for
years, and I've been able to help them turn their lives around
using a simple, 5-step process.

The one fact that has always struck me is that I've never seen a couple make a breakthrough or any notable change without thoroughly understanding who each of them are around money-and talking about it.

STEP 1: Understand who you and your partner are around money.

If you can't get past step 1, then the rest of the process is doomed. That's why I'm only going to give you the first step today. If you're having any problems with your partner around money, please read this very carefully and implement this step to start improving your relationship.

This step can transform your relationship in one conversation. It's important that before you have this conversation, you mutually agree to create a safe space and listen to each other fully. This will be a very vulnerable time for you both.

Start the conversation by asking each other "What does money mean to you?" and "What did your parents tell you about money?" What may become obvious is that neither of you had been formally taught good money management skills. This may have hindered your ability to make confident, smart choices with your money. You and your partner need to understand that neither of you are bad people because of poor money decisions made in the past.

From this new, non-judgmental conversation, you can both understand the beliefs and stories you are each bringing to the table. If you ask the right questions, and don't judge the answers, you create an opportunity to develop deeper compassion and understanding for each other.

You'll be amazed at what opening up about money will do for the rest of your relationship as well. Money problems are very tied to other areas of your lives, especially how you communicate verbally and physically.

The top three causes of divorce are listed as money, communication, and sex. In effect, these three are so intricately linked that dealing with the unspoken money issues often creates an immediate improvement on the other two areas. A real win-win-win emerges.

Here are some of the most successful questions for you and your partner to ask each other to help you get started:
  1. What does money mean to you? (Responses may include: power, control, love, happiness, security, freedom)
  2. What did your parents tell you about money? What is your money history?
  3. Do you have any accounts (bank, credit card, or other) in just your name?
  4. What do you believe we should be spending our money on?
  5. How do you propose we divide financial duties?
Once you open the often-avoided discussion, you will likely be pleasantly surprised at how much you actually agree with your partner around money and how much compassion you start to develop for each other. After all, couples who save together, stay together.


WANT TO USE THIS ARTICLE IN YOUR E-ZINE OR WEB SITE?
You can, as long as you include this complete statement with it: Belinda Fuchs, CPA and Wealth Coach, is the President of OwnYourMoney.com and host of Boston's newest TV talk show "Money On Your Mind." If you're ready to make more, save more and stress less about your money, get your FREE money success tips from Belinda now at: www.OwnYourMoney.com.

SuccessStoriesSuccess Stories
 
We are so proud of our Coaching and Small Business Success Program members. They really are taking the actions to create a new level of financial success for themselves and their families.
Pic of Belinda
How did photographer Dov Friedmann turn his 'Tough Times' mentality (and reality) into record-shattering business?

Dov and I met last year when he was the conference photographer. Dov was selling headshot sessions to the attendees and speakers. I bought a session and we exchanged information. A few months ago, he called to see if I could help him with his business and finances.

Since we've been working together, Dov's business has soared. He went back to the same event where we met a year ago and, by implementing a marketing and sales strategy that we designed beforehand, he made $10,000 over last year--that's a 150% increase--at a single event.

Dov was generous enough to share his experience in the video below. Take a look now and join me in congratulating Dov for his success.

http://www.youtube.com/watch?v=rurf_XjZiWI

What is the next action you can take to create your own Success Story?

 
FinancialEducationJoin the Small Business Success Program
  • Have you ever been frustrated after working 50-80 hours, not making much money, and wondering why everybody else is getting paid except for you?

  • Do you want to make your business more profitable and create steady month-to-month income?

  • Do you constantly put yourself 'on sale' and haggle on price just to pay the bills?
It's a tough time to be in business right now and if you answered YES to any of these questions, then there is a way for you to take control of the downward spiral this economy may have put your business into.

Just when the light at the end of the tunnel was dimming, here we come to help you save the day!

Most business owners are finding that the way they have been doing business for years is just not yielding the same positive results during this recession. The GREAT NEWS is that the special group of entrepreneurs in the Small Business Success Program is making more and more money the tougher these times get!

Just try us out for a month, and you'll be hooked with the creative business-building ideas, accountability, and new motivation to grow your business while providing more personal time in your life.

We are absolutely rockin' and rollin' and we'd love to have you on our next call - TUESDAY, October 13th at 12:00pm EST.

You can get the details here: http://www.OwnYourMoney.com/SBS.html.

 

OYM Programs and EventsPgrmsEvnts
 
Money Mind Makeover - Get a Plan
NEW DATE - November 11th 2009, 6:30pm-9:30pm, Boston, MA
  • Frustrated you are not saving enough and not sure where to start with a budget?
  • Concerned you are living paycheck to paycheck, in fear of any surprise significant expense?
  • Feeling overwhelmed and want to take action but not sure how?

Whatever your income, it is now even harder to find the money to pay your bills, finance your goals and find financial peace of mind. We understand and are here to help...but where will you begin? Get a Plan!

Register on-line today. For more information, click here or contact us at 617.268.0600.

Couples and Money - Creating a Rich Future Together
NEW DATE - November 1st 2009, 6:30pm-9:30pm, Boston, MA
  • Anxious and unsure you're taking the right financial steps so you've stopped trying?

  • Frustrated that your partner isn't more involved in your family finances?

  • Concerned that paying your family's monthly bills is getting harder to do?
Designed with the current economy in mind, this course will help you recession-proof your family finances. 

Get the tools and advice you need to ensure your relationship is financially and emotionally rewarding.  Couples who save together, stay together!

Register on-line today. For more information, click here or contact us at 617.268.0600.

Private Coaching
 
One-to-one coaching provides the 100% focus on your situation: your business, your family, and your unique challenges.  Most importantly, Belinda will draw on her lifetime of experience to help you achieve your personal goals: looking directly at every detail of your finances to create more money. 

Clients can expect to make or save $10,000 - $12,000 in the first 3 - 6 months with this program.  Belinda specializes in empowering women, business owners, and couples. 

Would you like to achieve these results?
Now is a great time to start your three-month program.

Email us as at info@ownyourmoney.com to set up a time to talk. We'll go over your circumstances, talk about the program options and create the best fit for your needs.
 
Upcoming Events

Access OYM's Full Calendar

 
InTheNewsIn the News

AROUND TOWN

Belinda's travels took her to the 9th Annual eWomen Network International Conference and Business Expo August 6-9th in Dallas, TX.

What incredible networking, learning, and business building! Particularly relevant to this month's topics were...Lisa Nichols (pictured left with Belinda), best-selling author (check out her newest No Matter What book and products), popular public speaker, and a powerful breakthrough specialist coach. You may recognize her from her appearance in The Secret or on the Oprah Winfrey Show or Larry King Live.

Peggy McColl (pictured right) and I shared insights on being a "Magnet for Money" in your life and got excited about her book launch this month for The Won Thing. Check it out for some great bonuses too!

Belinda and Lisa NicholsBelinda and Peggy McColl ezine












PRINT

Pic of Belinda

American Society of Administrative Professionals (June 2009- now available on-line) "Discussing Money in the Workplace" by Belinda Fuchs - Belinda provides new rules to support your own financial security and ability to talk about money in the workplace.


American Society of Administrative Professionals (August 2009- now available on-line) - "The 3 T's of Personal Finance" by Belinda Fuchs - Belinda provides three quick tips to save time, stress and money - immediately.

WomenHomeBusiness.com (Sept 2009) - "The Importance of Managing Money for Women Entrepreneurs" by Belinda Fuchs - "An entrepreneur needs to know how to handle money and wealth in order to be successful. However, many women entrepreneurs are good in business, but not in handling money." WomenHomeBusiness.com interviewed Belinda to share her advice to women entrepreneurs about handling finances.

The 2010 Women's Advantage Shared Calendar - This calendar provides advice for women business owners from influential women leaders across the U.S. and Canada. Belinda Fuchs, CPA and President of OwnYourMoney.com was selected from over 3,500 submissions to be featured in the calendar.


RADIO

Belinda on WBIX 6-09The Mary Jones Show -
Saturday, October 10th, 2009 - listen on WDRC-AM 1360 in Hartford, CT at 1:30pm EST.  Belinda shares must-have tips on managing your credit score.

Saturday, August 1st - 5 tips to address the important question - "Should I be saving or paying off my credit card debt?" - replay available now.

Seniors are Stars - Hosted by Lorraine Seymourian
Saturday, October 3rd, 2009 - listen on WRCA 1330AM or online at www.1330WRCA.com at 11:0am EST. Belinda shares valuable and creative tips on how to make your money go farther in today's economy.

The Business Station - WBIX AM 1060 - "The Financial Consultants" with Ron Birnbaum-
featuring Belinda on "Get Your Finances in Shape in Just 10 minutes a Day" - September 17th, 2009, replay available soon.

LA Talk Radio - The DeLores Pressley Show -
August 11th, 2009 - Belinda shares tips on how to get your financial shape in health in just 10 minutes a day. Replay available now.


TV

Money On Your Mind TV Show (August/Sept 2009) - Surviving the Credit Crunch

Guest Amy Perry is the Regional Director of Education with Consumer Credit Counseling Service of Southern New England, a division of Money Management International. Her primary passion is empowering and motivating people to "Get Fiscal" and take control of their finances. Watch the show now to discover the important-- yet overlooked strategies-- so you can survive this credit crunch.

Stay tuned for October's show - "Improving Your Personal Economy".

More exciting news -- Money On Your Mind is soon going to be available in more towns around the Boston area.  Stay tuned to see if it's coming to a town near you!

Click here to watch the show

Pic of Belinda
BF and Amy Perry-MOYM Jul-Aug 09










Click here to see more in our Press Room at OwnYourMoney.com. 
 
 
OYMtipOYM Tips - VIDEO TRAININGS

5 Secrets to Creating a Financial Cushion
without Sacrificing Your Lifestyle
 
Secret #1: Take Control of Your Money - available now!
Secret #2: Track Your Money - available now!
Secret #3: Tame Your Spending
Secret #4: Talk About Your Money
Secret #5: Time Your Financial Turnaround
 
We've had a blast at the office (and on location!) for the last few weeks creating a video series to 'uncover' these 5 secrets. The videos are short, fun, informative, and around 3 minutes each.

You can have access to all 5 videos right now, for free. All you have to do is click the link below, let me know you want them, and I'll rush the videos straight to your inbox.

Here's the link: http://ownyourmoney.com/videos.html

 
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Offer Through: October 31, 2009
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To forever transform the way people think, feel and act about money - providing hope and direction for individuals, couples and families...

TAKE INSPIRED ACTION TODAY!
 
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