Dare to Change Life Coaching & Mentoring

Tag: building wealth

7 Steps to Regain Control Over Your Money: Step #2 – Have Clarity and Purpose for Your Money, Know Your Priorities and Values

CLARITY is priceless whether you consider your authentic career path, your relationships or your money. There are a lot of courses about finding your authentic self – expression and living your purpose. Very important, indeed! But your money management aptitude is also very important and requires clarity and purpose as well!

From my many observations, managing money tends to be easier when you have a certain PURPOSE in mind: Saving for your first house or a car, becoming financially independent or retiring at a certain age, a child’s college education or your own financial education training, a trip to Europe or even attending a concert of your favorite band!

The important thing is to be clear, specific and inspired by the purpose.

You are a spiritual being and succeeding at the Money Game is part of your physical experience. Like with everything else, you may go through rough times and good times with your finances.

Having the skills to help you navigate through the stormy and calm waters of your financial sea is very useful whether you’re already making 6 – 7 figures per year or still on your way there!

Becoming an effective money manager of your own money is a skillset that you can attain!

Do you spend your money wisely?

Do you invest your money strategically?

Do you leverage your money so that the money you already have works for you when you are not working?

These are questions you may ponder on…

Effective money management is a skill that you can learn like any other. Although it’s not rocket science, it requires discipline and a responsible attitude.

If you want to change your money habits, you need to replace them with better ones and practice them consistently. That’s why I like the notion of organizing your money according to its PURPOSE.

And there are other factors you may want to include when you’re organizing your money – your VALUES and PRIORITIES.

For example, if your core value is to have more choices and freedom AND you want to become financially free even before your retirement age, you would prioritize saving and investing vs having a new car every couple of years, or spending thousands on yearly exotic vacations and designer clothes.

Knowing your values and priorities will help you make better financial decisions.

To develop a sound financial plan, it’s helpful to have your financial goals aligned with your values AND have a time frame and a dollar amount.

For example, if you want to become financially independent by a certain time, it’s very helpful to know what monthly amount will cover all your potential financial needs. I call it your “Financial Freedom Number” that my clients calculate during my “Become Financially Savvy” training.

Once you have listed and quantified your financial goals, you need to prioritize them. You may find, for example, that saving for a new home is more important than buying a new car.

Whatever your objectives may be, be clear and specific about purpose for your money.

Figure out how many weeks or months there are between now and when you want to reach your financial objective. Divide the estimated investment required by the number of weeks or months. That’s how much you’ll need to save each week or month to have enough money set aside.

Remember, a goal is a dream with a deadline.

To Your Health, Wealth and Freedom!

P.S. If you are dissatisfied with your current financial situation, feel that you are not where you’d like to be, financially, at this phase in your life, and want to experience more ease and peace of mind about your financial future, come to the wealth retreat I offer in June in the South of France.

CLICK HERE to get specific information about this 4-day private Wealth Retreat

January 25, 2019
7 Steps to Regain Control Over Your Money: Step #1 – Declutter your environments

Let’s get tactical and discuss the steps to regain control over your money.

Having the right environments is super important. That’s why you hear a lot about decluttering.

If you live in a home that is filled with clothes that you don’t wear and don’t like, boxes with magazines and souvenirs, pieces of furniture that don’t add anything to the comfort of your physical space, YOU CAN change it!

If you don’t have an environment that supports what you want to think, feel, create, and experience, remind yourself that YOU CAN change it.

If you have a relationship that doesn’t make you feel supported, loved, and appreciated, that doesn’t spark joy in you – YOU CAN change it.

If you feel that you got yourself into a “money prison” because of accumulated  debt, or unhealthy spending habits, or arguing with your partner about excessive spending and feeling insecure about your financial future – YOU CAN change it too!

You can CHOOSE to be clear and intentional with your choices and change what’s not working for you.

You can move away or towards a different environment, or you can create a new energy in your current environment.

And whatever you want to change, start changing NOW by letting go of what’s not working for YOU!

You want to make a big leap? Great, go for it!

Feel like starting with small changes? Awesome!  Baby steps are great! It’s how you implement BIG changes without feeling overwhelmed.

Life is what you choose to make of it.  Whether it’s your physical environment, relationship, work, or money.

Living with your focus on past mistakes drains your energy, deflates your confidence, blocks the flow of wealth, joy, and new opportunities in your life!

That’s why decluttering your mental space is super important!

I recall the time in my life when I felt that I must change my environments – my work, my marriage, my financial habits (e.g. shopping therapy) – because I felt empty inside…I felt just existing, going through life instead of living it.

BUT I was afraid to change.

“What if”, “not yet”, and “not now” thinking kept me stuck in the environments that felt like desert. Unfortunately, I didn’t have a support system at that time.

My FEAR of “not having enough”, not being able to support myself, feeling financially insecure if I leave my marriage, kept me in a prison of my own making for years.

Until one day…I decided to change.

First, I asked myself “What is the worst thing that may happen?” Once I reconciled with the answer to this question, fear of consequences couldn’t keep me hostage anymore.

Then I asked “Why it may not be true that I cannot be financially secure without a man?” And the answers started pouring from my heart onto my journal.

And then…I asked “What needs to happen NOW so that I feel more ease, joy, and excitement about my life?” And the answer was clear and loud…

DARE TO CHANGE.

If you tolerate environments that make you feel overwhelmed, not capable, not supported; the environments that deflate your confidence and sense of personal power – don’ wait for a better time. Or better circumstances. Or a “prince charming” to save you.

DO NOT WAIT TO BE SAVED. YOU ARE YOUR SAVER.

Change might challenge you. You might need to juggle some things and make a few adjustments…

BUT it’s possible. And often necessary.

So that you step into your full power. Get in control of your money. Charge of your financial destiny.

And the first step is to attend to your environments and declutter your space.

Next I’ll share the next step to regain control over your money.

P.S. And if you can get access to a supportive environment, to like-minded people who would support and encourage you to live your dram life – use it!  Join the Wealth Building for Powerful Women community to get live support and connect with like-minded women. You don’t have to feel alone in this world!

January 16, 2019
This ONE Thing Could Literally Change Your Life

So, the 2018 is officially over with all the successes, challenges, breakdowns, breakthroughs, changes, and transformations.

It’s a NEW YEAR, a NEW AGE and a NEW PARADIGM!

And as I heard from one spiritual guru recently, the energy of this year is “Seize the day.”

In other words, when opportunity knocks, welcome it and run with it. And if challenges get on your path – don’t panic or curse your luck. Find a way to perceive them as…opportunities in motion. Opportunities to learn, grow, and expand.

This week, I had a privilege to speak to an amazing beautiful 94 years young woman. She has this special spark and charm that is hard to describe in words… One might guess that her life was easy, joyful and fun. Yet it was anything but easy…

During the WWII, she lived under Nazi’s occupation in Lithuania, escaped, became a refugee and lived in different countries before coming to America; was divorced, remarried, then lost her second husband to cancer…

She raised two wonderful daughters as a single mom, learned how to master her money, became an investor, achieved financial independence, and became an amazing painter after leaving her professional career as a chemist.

Her house looks like an art museum… Her many paintings reflect her rocky life journey.

So, I asked her if she could distill all her experiences and wisdom into ONE thing that really matters… ONE thing that helped her overcome enormous obstacles and go through many personal challenges…what would it be?

She looked at me, smiled and said: “The only thing that truly matters is whether you’re happy inside despite your life situations…” Then added softly “I am happy inside.”

“All the time?!”- I asked with some sense of astonishment in my voice.

“NO”, she responded. “Not all the time! About 95% of the time.”

I smiled…

Can it really be THAT simple?

Yes, I believe it can. And it’s a matter of choice.

Today you can choose to focus on problems, react to challenges in your life, compare yourself, and feel powerless and unlucky…

OR

You can choose to focus on solutions, on what “works” in your life.

You can choose to believe that you can do anything.

You can choose to release what no longer serves you.

You can choose to accept your current life situation and thrive for better.

You can choose to love yourself just the way you are, without any need to prove anything to anyone.

You can choose to better yourself and your life through new knowledge and expanded awareness.

You can choose a new way of being.

It does not happen overnight.

It does not happen because it is a New Year.

It happens because you consciously choose every day what you give your attention to, what thoughts you allow to dominate, what words you use, what habits you practice, what boundaries you establish, and how you re-calibrate your feelings.

Be kind and loving to YOU. At least 95% of the time. LOL!

That’s my intention for 2019 in addition to helping as many women as I can to master their money and experience more EASE, PEACE and FREEDOM.

And that’s why I have a question for you.

If you could sit down with me for a cup of coffee, what would YOU want to ask me? What top one or two questions you’d like to ask me?

Just message me or write in the comments below your questions.

To your Health, Wealth and Freedom!

P.S. I’m serious! Go ahead and message me or write in the comments below your questions. What would you ask me?

January 3, 2019
Essential #8 for Creating Wealth and Success

Many people were taught that once you get clear on what you desire and align your beliefs with your desires, then you can relax…it will come to you, no need to be in the “arena”….

At least that’s what many LOA mindset coaches and seminars still teach.

Some religious and New Age manifesters get so hyped about the metaphysical, spiritual aspects of our existence that they ONLY rely on and wait for God to take care of them.

I’ve met a few spiritual coaches and religious women who felt that they don’t need to do anything to live the life of their dreams, everything will be taken care of….

They ‘outsourced’ their financial responsibility to the Higher Power until…they faced serious financial challenges.

I had a client who was a pastor. When things were good, she was riding high, investing in her church, spending money on cars and furniture…. Everything was going fabulous. The only problem was that she didn’t have any savings….

When the US economy tanked in 2009 and her church was not able to support her lifestyle, she got really discouraged and “outsourced” her financial responsibility to…God.

She waited… hoping and praying…until she and her family lost their home.

Very sad.

Obviously, it’s an extreme.

And there is another extreme.

I am talking about the ‘old school’ of making a living and receiving.

I don’t know about you but I heard from my parents again and again that “hard work and struggle are to be expected in order to succeed in life.”

People on this other end of the beliefs’ spectrum are focused on HOW more than anything else and often get paralyzed by the HOW conundrum.

These folks assume that a “survival mode” is to be expected, and often feel exhausted and overwhelmed by their endless To-Do list.

I trust YOU realize that you’ve got to have a happy medium.

You must do what you can with what you’ve got at the moment, because the Universe will not do it for you…it will do it WITH you!

You can thrive in the physical world as well as apply the spiritual principals like “Thoughts create things” and “What you focus on, expands.”
And that brings us to the

Essential #8 for Creating Wealth and Success:

Be Open to RECEIVE Wealth and Abundance.

So, what needs to take place for you to RECEIVE Financial Wealth?

For most people RECEIVING Financial Wealth requires the following 5 steps:

1. Make a Decision and Commit to it wholeheartedly.

In other words, you must first decide that you TRULY want to live prosperously and commit to it.

Face it…….a few times in the past you said ‘I want to make more money; I want to be wealthy”!

Yet not much changed…. YES?

You must be sick and tired of your OLD STORY, of the small and powerless version of you…

You’ve got to get inspired and energized by your desires, your dream life. That’s why I emphasize the commitment to yourself.

2. Manage any resistance that may come up.

Resistance often happens once you start making changes. It may show up in self-doubts, fear, procrastination, anxiety, self-criticism…. The key is not letting your resistance derail or stop you…. You’ve got to keep going.

3. Take Action and do what you can with what you’ve got at the moment.

You may need to upgrade your skills, or get a new job, or change your money habits, or get a coach, or meditate and exercise daily, etc. Don’t wait for SOME day – baby steps in the right direction will create a forward-moving momentum in your life. THAT is how you leap forward!

4. You must GIVE in order to RECEIVE.

Giving is a form of action when you apply your talents, knowledge and experience to make impact in the world and, in the process, receive the financial reward. The bigger the impact of your actions, the bigger the reward.

5. Expand your Capacity to RECEIVE.

Some people have inner blocks that prevent them from receiving wealth and abundance. They lack the capacity to RECEIVE.

These folks have been conditioned (through family, religious or cultural programming) to give yet have challenges with receiving.

When they receive money, they feel that they need to spend or give it away.
They don’t feel that they deserve to be wealthy.

Or they simply don’t feel that it’s possible for them to be wealthy – even when they get money, they assume that it will not last.

Some don’t believe that anyone will be willing to pay them for their services. They don’t feel that they are good enough….

And sadly, many link their perception of self-worth to ‘having’ or ‘not having’ money. These feelings trigger such emotions as sadness, fear, gilt, shame….

If ‘having’ or ‘not having’ money is linked to your perception of self-worth and confidence – you will experience a continuous roller coaster and you will feel defeated and weak.

You must internalize your true specialness – your divine specialness, something that you don’t need to show, to prove or to defend.

And coming from that place, you can choose to see money as a spiritual mirror and driving force of your creativity.

This will help you see everything in a better perspective and become more grounded and successful.

One more thing about expanding your capacity to receive…

Practice ALLOWING instead of chasing and forcing.

Once you OPEN YOUR MIND AND HEART TO THE POSSIBILITY that YOU CAN co-create whatever you want in your life, abundance will flow to, through, and from you naturally.

Don’t outsource your well-being to anyone or anything. YOU are the captain of your life.

What do you think about this essential #8? Does it resonate with you? Hit the reply and let me know!

To your Health, Wealth, and Freedom!

P.S. If you want to be part of a supportive community of the like-minded women, join us FREE here:
>>>Wealth Building for Powerful Women Community

November 8, 2018
Essential #7 for Creating Wealth and Success
Do you remember that in Essential #4 for creating Wealth and Success, I talked about the importance of feeling rich and living wealthy regardless of your current financial situation?

To feel rich and live wealthy, in addition to everything else that I shared with you earlier, you’ve got to take on the identity of a rich person! Start with thinking like a rich person and normalizing your new, wealthy reality and focus on experiences that confirm (to your own logical mind) that you already have wealth.

Make feeling wealthy your new NORMAL.

I encourage you to practice the following:
1. Develop Confident Decisiveness – train yourself to take bold decisive actions and be responsible for the outcome.
2. Be willing to take risk (calculated risk).
3. Don’t be afraid of failures – see them as Valuable Growth Lessons. “Failures” are the bricks to your road to success. Many people “failed” their way to riches.
4. Play to WIN, NOT not to lose (and be willing to leave the Good to welcome the Great).
Fortune favors the bold.

So, the Essential # 7 for Creating Wealth and Success is:

Be Willing to Take Risk.

You’ve got to be in a game and be OK with losing in order to learn and grow.Yes, you’ve got to PRACTICE taking decisive actions and be willing to take risk.

Not ‘gambling’ type of risk! Mindful risk.

And often this entails to be willing to leave the Good to welcome the Great.

Here’re some examples from my own life when I did exactly that:
- Invested in the stock market to raise money for the down-payment on our first house
- Left my marriage… left everything behind – the gorgeous house, the comfort of 2 incomes…and re-starting my NEW LIFE in a tiny apartment near my job.
- Left my well-paid and prestigious Wall Street career and went back to the Business School in my mid 40’s, then started my own investment company
- Started my wealth mentoring business, put myself out there to support other women on the journey to wealth and freedom. My remarkable life didn’t happen overnight. My CHOICES shaped me and my life’s trajectory.
And a few of these choices were risky. I was (for the most part) playing to WIN, NOT not to lose. I was scared… often.

Yet I was willing (and it was REALLY scary) to Leave the Good in order to Welcome the Great.

Obviously, different people have different tolerance for risk. Be aware of your risk tolerance, respect it yet see if you can stretch it a bit…and a bit more…and more.

Fortune favors the bold.

The suggestions offered here may feel like scary or crazy… Keep practicing them anyway.

Things will start shifting… your feelings will change, your energy will change….
You will start creating and experiencing forward-moving momentum.

Synchronizations and serendipitous experiences will be happening, you will start attracting good opportunities instead of repelling them.

Risk is embedded in any business or investing decisions.

Nothing is guaranteed in life (except taxes and death.)

BUT it doesn’t mean that you should stay away from any endeavors that involve risk, not at all!

Instead, you’ve got to:
- Become aware of your particular risk tolerance and;
- Take decisions that involve measured/mindful risk so that your possibility for success exceeds the possibility of loss
- Your loss will not put you into despair and make you lose sleep
- Develop courage and Be Willing to Leave the Good to Welcome the Great.
Comment below and tell me how this Essential #7 lands on you…. What resonated? What did not?

To your health wealth & Happiness

P.S. If you want to be part of a supportive community of the like-minded women, join us FREE here >>> Wealth Building for Powerful Women Community
November 2, 2018
Essential #6 for Creating Wealth and Success

It’s been said that “what you want, wants you.” There is an ‘acorn’ seed inside you that wants to emerge.

The challenge is to FEEL and ACT congruent with your desires BEFORE you receive and experience them in a physical form.

While your beliefs and feelings exert a very powerful force in your life, they
don’t fully determine what you can or cannot receive because there is another factor that determines your outcome – ACTION.

The Essential#6 for Creating Wealth and Success is
ACT Congruent with Your Desires and Never Give Up on Your Dreams.

It has been my experience that you can receive abundance and wealth even before you fully believe in yourself and your vision, even before you believe it’s possible for you.

You don’t have to be “fearless and doubtless” to act on your desires. You can choose to take bold actions to achieve your vision, which then will activate the feeling and generate the energy necessary to make it happen.

You can LEAD with Action.

I did it a few times in my life.

When I was looking for my first Wall Street job.
When I founded my investment company.
When I made a decision to become financially independent.
When I published my first book.

I felt fear. I had doubts. My beliefs were lagging….
BUT I didn’t let the fears and doubts stop me from taking actions.

Fear is one of the main reasons that stops people from taking action. Many are afraid “to take risk”, “lose it all”, “not being able to handle it”, “not having the know-how”, “not being ready”, “becoming homeless”…

The main underlying fear is fear of failure. Many people feel that if they ‘fail’, they will be judged, rejected, not respected, not loved….

THAT is the guaranteed way to live your life with regrets. The only way to fail is not even try. If you act and it doesn’t work the way you expected, you’ll learn, adjust your course, and keep going until you find what works.

THAT IS THE ROAD TO MASTERY.

Never give up on your vision, even if nobody else believes in it but you.

Be Unstoppable. You are a powerhouse of infinite possibilities.

If you feel that your current financial reality must change, if you’re willing to challenge the status quo and if you want to stretch your beliefs about what’s possible to you, join us for the 4-week training Creating Prosperity Formula.

During these 4-week journey together, you’ll get more clarity about your true desires, uncover some old pockets of money beliefs that hold you back, get specific components of the prosperity formula, and have fun playing the exclusive prosperity game.

Come play with us – you’ll love it!

Check it out HERE and start creating prosperity in your life!

Until then…STAY EMPOWERED.

To Your Health,Wealth and Freedom!

Missed the live mini-class on our Facebook Page? No problem! watch it here.

October 29, 2018