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Money Messages Ezine from OwnYourMoney.com
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| From Belinda Fuchs, CPA |
Edition: VIII-2009 |
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Greetings!
Happy holidays! Hope you
are enjoying the blessings of family and friends these last few weeks, and maybe
some fun presents too!
I'd also like to take this opportunity to thank you for your support of Own
Your Money, of me personally, and of your own financial success. I appreciate
that 2009 may have been a tough year for you and your commitment deserves to be
acknowledged!
As we wind down the holidays and start to look ahead, it is a great time to
reflect on our last year - what we enjoyed and want more of and...what we could
have done without. Here's a tip- Make a list of what worked and what didn't
work in your (financial) life in 2009. This will help you be more intentional as you set out into the
new year to include more of what worked.
To support your renewed vigor to "own your
money" as you start the New Year, we have 3 important ways to enhance your
efforts:
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We have extended the introductory price of our new 2-CD product so you can
still take control of your money and on a budget -- at 50% off!: www.OwnYourMoneyStore.com
- This holiday Feature Article provides you
with 4 money-related resolutions to make 2010 your best financial year ever.
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Our In The News section is filled
with helpful links for you - from best using your CPA all year-round to
maximizing your credit score. Check out the OYM Tip if you are considering rolling over a portion of your IRA to a Roth IRA too. (I'm even following my own suggestion!)
WOW, now there are some Happy New Year gifts!
Enjoy this newsletter with some great tips and strategies to help you make
more, save more, and stress less about your money in the coming year.
I'm off to pack my bags for a New Years trip to Costa Rica. Best wishes for a
happy holiday season and a healthy, wealthy new year for you and your family!
PS- If you
want to give a great gift that will change the life of a loved one,
be sure to check out our BONUS COUPON  for
INVEST IN YOURSELF: The 7-Day System to Take Control Of Your Money
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Feature Article - Money New Year Resolutions To
Start 2010
By Belinda Fuchs, President, OwnYourMoney.com
 The holidays will soon be over, along with 2009. Think
of the new year as a chance for a new start on your financial future.
By
committing to a few New Year's resolutions that you can easily keep, by next
year, you'll have saved all you need for a stress-less holiday season, and give
yourself the gift of healthy (and wealthy) money-saving habits.
Resolution #1: Become a savvy saver!
Start by recording all your expenses. Keep a journal for 1 month in which you
write down every single payment you make, no matter how small or seemingly
insignificant. At the end of the month, identify one or two expenses you can
easily reduce or live without-- perhaps that $5/day latte, lunch out, or
minutes on your cell phone you don't even use...? For the rest of the year, take
the money you've saved and place it in a dedicated savings account. You'll be
surprised at how it adds up!
Resolution #2: Reduce your debt and shore up your credit
Servicing old credit card debt can be crippling. So use 2010 as your
opportunity to ditch your debt by consolidating and reducing your debt. As you
discover what matters most to you and how to save more, you can allocate a
portion of your new-found savings to fast-track your credit card debt payoff.
Three factors affect the speed at which you can eliminate your balances:
interest rate, monthly payment, and total balance. If you continuously only pay
the minimum, check the credit card calculator at bankrate.com for your payoff
timing. You may be shocked! Instead, pay off any lingering credit card balances
by sending in extra payments, starting with the card that has the highest
interest rate and knock off any small balance cards too (so you have less of a
chance of a late fee or getting a high penalty on a small balance).
Resolution #3: Enjoy yourself responsibly
Don't give up everything that makes you happy, or you'll never stick to your
savings and debt-reduction plans. You can indulge on a budget by taking
advantage of good deals. Love to dine out? Do it on a discount! Use on-line
resources like Restaurant.com
to bring you 80% off restaurant meals or Groupon.com
to get daily bargains.
Check on-line for coupons for your favorite store before you head out the door.
Wait for a bargain, and treat yourself to that one item you'll treasure for
years.
Resolution #4: Get the support you need
Achieving your resolutions will be easier if your friends and family understand
and support your financial goals. Share with them that you'll be making changes
in your life and you need their encouragement. Find a "money buddy" to join you
on your new financial path and set "money dates" with yourself (and your
partner) to ensure scheduled time to manage your finances and build your
wealth.
When you need expert advice to deal with a particular problem or develop a
strategic plan, let me know; through OwnYourMoney.com
audio programs, coaching and events, we can help you take the steps that will
ensure your success. Start today to get more support on setting and achieving your financial goals
with a fun, effective new 7-day system to INVEST IN YOURSELF!
Best wishes for a happy holiday season and a healthy, wealthy New Year!
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.
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| Success 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.
 David and Mari-Chris Russell, Owners of Russell Education, wanted to share their recent success:
"We
just can't say enough about what Belinda and Own Your Money have done for our
family and our company. As small business owners and parents of 3 children, we
came to Belinda with a desperate plea to help us get on top of a mountain of
debt, plan for our children's education and grow our company to a size that
will support the lifestyle we really envision for ourselves and our children.
After just three months, we have reduced our monthly expenses to a much more
manageable level, created a debt-management plan that will allow us to be
debt-free in 5 years and begun to map out a business plan for the coming year
that will have us well on the way to financial security. We both feel much more
confident about our relationship with money and are dreaming bigger than we
ever thought possible. Imagine money discussions being fun and exciting rather
than anxiety-provoking and destructive! We never would have believed it, but
here we are, and here we will stay!"
What is the next action you can take to create your own Success Story?
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Join 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, January 12th at 12:00pm EST
You can get the details here: http://www.OwnYourMoney.com/SBS.html.
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Upcoming Events (all after Belinda's upcoming real estate visit and vacation to Costa Rica!)- Monday, January 11, 2010 - Small Business Success Program teleclass, GOLD members teleclass, 12:00pm-1:00pm EST
- Tuesday, January 12, 2010 - Small Business Success Program teleclass, 12:00pm-1:30pm EST
- Monday, January 18, 2010 - Small Business Success Program teleclass, 12:00pm-1:30pm EST
Thursday, February 4, 2010 - Guest speaker for Women's Investment
Club in Northboro, MA, 6:30-8:00pm EST
- Thursday, February 11, 2010 - Women's Business Network - "Own Your Money for Women in Business: Talk is Cheap, Life is Not" by Belinda Fuchs, 7:15pm-9:00pm, Harvard, MA
- Wednesday, February 17, 2010 - The Daring Success Circle Tele-gathering - "Your Emotions, Your Money, and You- Who's in Charge?" by Belinda Fuchs, 8:00pm-9:00pm EST
- Thursday, February 18, 2010 - eWomenNetwork - "Thriving in recessionary times - Making the recession optional" by Belinda Fuchs, 6:15pm-8:45pm, Andover, MA
- Tuesday, February 23, 2010 - "Own Your Money for Women in Business: Talk is Cheap, Life is Not" - Guest speaker for Women's
Advisory Group in Northboro,
MA, 12:00pm-1:30pm EST
- Thursday, March 11, 2010 - The Women's Summit at Bryant University - "Women and Money: It's Emotional Business", all day event, Smithfield, RI
Access OYM's Full Calendar
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In the News
AROUND TOWN
It certainly was a
jam-packed two months of events, with two highlights worth mentioning!
The 8th Annual YWCA Money Conference for Women in Hartford, CT
kicked off the day with keynote speaker and Washington Post nationally
syndicated columnist Michelle Singletary (pictured left with Belinda) who shared highlights from her newest
book, Spend Well, Live Rich.
 
Then just a few weeks ago, the Massachusetts Conference for Women was filled with incredible
information, inspiration, and networking, including personal finance expert Suze
Orman, best selling author and career coach Marcus Buckingam, and CEO of Women
For Hire Tory Johnson (pictured
above right with Belinda). Belinda spoke on the conference's money panel and released
the new 2-CD audio program to a standing-room-only crowd!
PRINT
 Certified Coaches Federation Blog - How CCF Takes Your Experience to New Heights (December 2009)
AmericanExpress.com - "Getting Help From Your CPA All Year Round" (December 2009)
Massachusetts Conference for Women - "It's Your Time to Give Thanks and Create the Cash" by Belinda Fuchs (November 2009)
American Society of Administrative Professionals - "The First Step for Couples to Own Their Money" by Belinda Fuchs (November 2009)
RADIO
 The Business Station - WBIX AM 1060 - "The Financial Consultants with Ron Birnbaum - featuring Belinda on "How to INVEST IN YOURSELF with the 7-day System To Take Control of Your Money" - December 16th, replay available soon.
The Business Station - WBIX AM 1060 - "The Financial Consultants with Rob Birnbaum - featuring Belinda on "7 Strategies to Avoid the Post-Holiday Financial Hangover" - November 19th, replay available soon.
The Business Station - WBIX AM 1060 - "The Financial Consultants with Rob Birnbaum -
featuring Belinda on "Maximizing Your Credit Score" - October 21st, REPLAY NOW AVAILABLE.
How to Thrive After 35 Talk Radio hosted by Roslyn Franken - "7 Strategies to Avoid
the Post-Holiday Financial Hangover" - November 2009, follow this link to listen to the show.
TV
Money On Your Mind TV Show (December 2009) - College Financing 101
Belinda's guest, Kathy
Anderson has 17 years of experience working with all aspects of higher
education saving, financing and financial aid and currently is a College
Relationship Manager for MEFA (The Massachusetts Educational Financing Authority). If
you have a high-school age child, you will definitely want to watch the show
now to be sure to meet all of the upcoming deadlines in the college financing
process!
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
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| OYM Tip - IRA Rollover to Roth IRA
Consider rolling over a portion of your IRA
into a Roth IRA. Starting in January 2010, anyone will be able to convert to a
Roth IRA, even if you have more than $100,000 in Adjusted Gross Income. There
are lots of benefits here for you- You'll have two years to pay taxes on any
tax-deductible contributions you've made to the IRA. (Since these contributions
were originally not taxed, this current tax charge- not a penalty- will convert
them to after-tax dollars.) SO THEN, your money will grow tax free in the Roth for
both you and for whoever you leave the money to when you die.
Is conversion for you?
Here are 5 reasons to convert to a Roth IRA from SmartMoney.com.
Belinda Recommends
 This is the perfect time to INVEST IN
YOURSELF!
Have you felt frustrated, overwhelmed, or anxious with managing your personal
finances in 2009?
Introducing...INVEST IN YOURSELF: The 7-Day System To Take Control Of Your Money...A STEP-BY-STEP FORMULA TO MOVE FROM GETTING BY...TO GETTING AHEAD BY TAKING CONTROL OF YOUR MONEY!
One woman who recently bought the CD program, Maureen, was so motivated she
immediately followed one of the tips and got a $75 credit for bank fees. She
doubled her investment already, plus found at least $300/ month to cut back
without sacrificing her lifestyle. We had her 1-hour private coaching session
and created a strategy for another $10,000 in income for her for 2010.
The system certainly pays for itself!
You can get yours now and
read more success stories here: www.OwnYourMoneyStore.com.
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COUPON SAVINGS!
50% off
A
Special Holiday Gift Coupon
Still looking for a special holiday or new
years' gift?
The gift of financial education... Priceless!
Our
new INVEST IN YOURSELF: The 7-Day System To Take Control Of Your Money
is now available at the introductory price for either a hard copy or
download of the system.
To get your copy today, go now to:
www.OwnYourMoneyStore.com
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Plus, if you buy the CD program, you are eligible for an upgrade to include a
customized 1-hour of private coaching, so just contact our office today at
617-268-0600 or by reply email for more details.
Consider buying it for
your whole team!
One spa owner will be buying one for each of her staff. As she wisely realizes, "My feeling has always been like health and fitness, if
my team is healthy with money they will have a different energy at work." Oh
how right she is...
Just reply to this email for a quantity discount so you can
take care of your team too!
Limited Time Offer!
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 Our Mission
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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