Dare to Change Life Coaching & Mentoring

Tag: financially empowered

  • 🎯TIPS for MAKING BETTER DECISIONS

    🎯TIPS for MAKING BETTER DECISIONS

    While I was communicating with a friend recently, she asked me a question that I think many people can relate to:

    “So, I need to spend money to learn about money?”

    I found her question fascinating, considering that she mentioned to me previously that she probably wasted a lot of money because she hasn’t managed it well….

    That the fear of wasting her savings is huge for her (she is a self-employed single mom)….

    That she knows that she needs to confront this fear.Yet her fear of making a “money mistake” keeps her feeling stuck in doubts, indecisions, and money worries.

    This experience reminded me that many people have difficult time with making financial decisions.

    So, in this article I’m going to share with you my top 3 tips for making better financial decisions.

    ✅ Develop a habit to see everything through the lens of an investor.

    When you spend money, by definition, it’s lost – there is no increased value for you, whether it’s monetary value or value in a form of better health, reduced stress, or elevated self-confidence.

    What if you look at your decisions to pay for something as an investor?

    “Will buying XYZ help me improve my health?”

    “Will paying for an XYZ program help me get clarity, become more knowledgeable and confident, propel me toward my goals?”

    “Will investing in XYZ potentially provide additional income and/or appreciate in value overtime?”

    If you answer YES to any of the above, paying for XYZ is investing, not spending.

    ✅ Focus on Solutions instead of dwelling on your Problems.

    Life tends to through a curveball when we least expect it and our response to challenging situations is crucial.

    While it’s important to acknowledge problems and to understand what is causing them, it’s essential to focus on possible solutions.

    During my recent Greek islands’ cruise, I met a widow, who lost her husband unexpectedly and was devastated not only by losing the love of her life but also by suddenly becoming solely responsible for making financial decisions.

    She took time to grieve… then made a decision to focus on solutions to her problem, which was her fear of dealing with money and making bad financial decisions.

    She bought books about managing and investing money.

    Then attended some free trainings online…

    And finally decided to get support and guidance by working with a mentor to help her become financially savvy and confident.

    I am honored to be her guide on this journey.

    Please anchor this statement in your mind:

    🙏You’re More Resilient and Powerful Than You Know.

    And when you choose to focus on solutions instead of dwelling on your problems – you activate your personal power and the forces of the Universe to support you.

    That’s one of the topics I’m going to discuss at my new masterclass “From Worrying to Winning the Money Game.”

    If it’s important for you to uncover and fix the potential problems that hold you back financially, I invite you to come to my new masterclass (see the registration link in the comments).

    ✅ Manage risk.

    To be financially successful, you’ve got to learn how to invest and how to manage investment risk.

    You’ve got to assess potential risk of loss vs potential opportunity for win and decide if this investment worth your while.

    Here’s what’ve realized….

    Everybody wants more money.

    Yet very few are willing to invest their time, efforts, and money to figure out how to make it, keep it and grow it.

    For example, I like to invest in my personal and professional growth and over the years invested hundreds of thousands in myself.

    Some of these investments yielded great results, others… not so much.

    But I am not upset about any of my investments because I know that ALL investments have inherent risk.

    And the trick is to decide if you’re going to be OK with the potential loss because the potential win is worth it.

    🔥If this sounds like something you’d like to dive deeper into and you are eager to develop winning money strategies, you’ve got to come to my new “From Worrying To Winning the Money Game” Masterclass.

    🎯You’ve got to become financially savvy, so that you make better financial decisions.

    And if you feel lingering money worries and fears about your financial future, it’s time to face these fears.

    Because if you don’t face your fears, you’ll never conquer them.

    You’ll never get past the fears.

    And the longer you go without facing it, the more deeply the fears get ingrained in you.

    Look forward to seeing you with us at my masterclass‼

    To your Health, Wealth, and Freedom!🙏

    Millen Livis 💖

  • 💪4 STAGES OF FINANCIAL FITNESS SPIRAL

    💪4 STAGES OF FINANCIAL FITNESS SPIRAL

    When it comes to financial success, common people like you and I, who were not born into wealth and didn’t marry a wealthy partner, experience 4 stages of financial fitness.

    In this article I want to share these 4 stages with you, so that you get clarity about your current financial fitness and the one you’re aspired to achieve.

    💰4 Stages of Financial Fitness Spiral

    1️⃣ “Not Enough”: This is the stage when I < E (Income is less than Expenses)

    Typical characteristics of this stage:

    • People spend more on their lifestyle than they earn, whether they have a job or a business, and whether they are high-income earners or low-income earners

    • Have high-interest consumer debt is often used to make ends meet

    • There are No Savings• People need to work for their money

    • People spend everything that they earn to cover their lifestyle

    • High- and Low-interest Debt is often used to maintain a desired lifestyle

    • There are usually No Savings

    • People need to work for their money

    3️⃣ “More than Enough”: This is the stage when I > E (Income is more than Expenses)

    Typical characteristics of this stage:

    • People spend less on their lifestyle that they earn

    • Low-interest Debt is occasionally used to maintain the desired lifestyle

    • There are often multiple sources of income established (active and passive)

    • There are usually Savings and Investments

    • Philanthropy is fairly common• People need to work for their money

    4️⃣ “Financial Independence/Freedom/Affluence”:‼This is the stage when I > E (Income is more than Expenses)

    Typical characteristics of this stage:

    • People spend less on their lifestyle than they earn

    • There is No High-interest Debt or Low-interest Debt; credit cards are paid off monthly

    • There are multiple sources of passive income established

    • There are significant amounts of Savings and Investments

    • Philanthropy becomes part of lifestyle

    • People don’t need to work for their money

    What stage of Financial Fitness do you think you are at? (no need to share it in the comments unless you want to.😂)

    By the way, it’s not uncommon to see “Financial Fitness Spiral” jumpers – people who jump as oppose to evolve from one stage of financial fitness to another.

    Yes, people can ‘jump’ in both directions of financial fitness range – from lower financial fitness stages to higher and back!

    🛑💰Yes, it’s not always the upward spiral; the regression back to the lower financial fitness level is not uncommon.

    Also, if you’re one of those people who are tired of living with constant stress caused by money worries and are aspired to upgrade your level of financial fitness, I want to GIFT you my new powerful Masterclass – 🎯💰From Worrying To Winning the Money Game.

    Not only you’ll uncover potential problems that might be causing your money problems, but you’ll also discover how to fix them and how to develop winning money strategies, not just another failed budget!

    ✅BTW, your journey to financial freedom starts with absolute CLARITY about your current financial situation, which requires fearless and honest look at EVERYTHING, whether it’s scary, boring, embarrassing, or simply unpleasant.😉

    So, acknowledging your current level of financial fitness is important.However, it’s just the first step.

    ✅The next best step would be strategically map your money flow based on the level of financial fitness you’re aspired to achieve next.

    ✅And when you join my upcoming 🎯💰FROM WORRYING TO WINNING the Money Game Masterclass, you’ll also discover the Money Mapping protocol that I share only with my clients!

    Millen Livis 💕

    P.S. 🔥Put “ME” in the comment if you still don’t know how to reserve your spot for this NO COST TO YOU Masterclass!😉🔥

  • 💰🚀 8 Key Components For Achieving Freedom And Prosperity

    💰🚀 8 Key Components For Achieving Freedom And Prosperity

    The other day I had a call with one of my colleagues, where we shared our life stories…

    I recall telling her that when my cousin from Boston visited my villa in the South of France, she said: “That’s just for you… I could never imagine having something like that…”

    Then I told to my colleague the story of how this villa came about….

    … How my boyfriend, who used to fly from France every month to see me in the U.S., was stopped by the U.S. custom, put to jail on the suspicion that he was illegally working in the US, then was deported and prohibited from entering the US for many years…

    … How I proposed to him (very out of character for me…)

    … How I flew to France and we found a rundown house in Provence that nobody would buy because of the mold it was covered with… … … How we got lucky and bought it for the minimum amount of down payment we were able to make…

    … How we started doing renovation by ourselves ‘cause we couldn’t afford contractors at the beginning…

    When I finished, my colleague was so inspired and said “I have to DREAM BIGGER”!

    I am sharing this with you to demonstrate that you get lucky when you act on what you want to experience in life, when you stop being “stuck” in your familiar “comfort zone” and do things that are not easy but necessary to live the life you love.

    So, where are you now, in terms of money?

    Are you frustrated that you work hard and make good money yet live paycheck-to-paycheck?

    Constantly worry and feel anxious about not having enough money to retire?

    Or not being able to save much and still paying off your consumer debt?

    Have you noticed…

    … how worrying about your financial future affects your health, or relationships, your work?

    … how you are sick and tired of “surviving” instead of living on your terms?

    Or maybe you’ve reached a plateau with your finances and want to scale up?

    If that’s how you feel, I hear you!

    When your mind is busy worrying about money and financial security, it’s not always easy to see and experience abundance in your life.

    And as a result, your confidence might be undermined; or you are afraid to trust anyone because, possibly, you had bad experience in the past with financial advisors, or you are afraid to invest the money that you have because you’re afraid to lose it….

    And from that place, it’s not easy to create an abundant free life, where the flow of money and opportunities come with ease and joy.

    It is my intention that you develop Unshakable Confidence, Self-Worth, and Success Aptitude, so that you will be able to handle any challenges in your life from a higher perspective and with more optimism.

    And my deepest desire is that you become Unstoppable and Capable in your pursuit of financial independence and start DREAMMING BIG.

    YOU ARE A POWERFUL CREATOR, so think, feel and act like one.   

    As International Holistic Financial Independence Mentor and the creator of the SYSTEM for becoming Financially independent called The MILLENaire Method, I use my intuition, business and investing expertise to help women become financially independent.

    I myself achieved Financial Independence within 7 years and now live my dream life – own beautiful homes in the South of France and South Florida, travel the world, and do what I want.

    I have the FREEDOM of CHOICE, TIME, LOCATION, and MONEY.

    I live what I teach and know that YOU CAN experience more Freedom, Joy and Abundance in YOUR life… if you choose to commit to your vision!  

    We often talk about Abundance Mindset… but it means different things to different people…

    For me, Abundance Mindset means:

    ✅ Having Loving Relationship with Money (“money is my friend that has my back”

    ✅ Appreciating life “as is” and being eager for more (nothing wrong with wanting more…)

    ✅ Believing that Scarcity and Lack are mind’s illusions (because they are…)

    ✅ Believing that YOU ARE CONNECTED to the Infinite Source of Abundance and Unlimited Potential (because YOU are connected to The Source)

    ✅ Believing that YOU ARE CAPABLE and RESILIENT

    ✅ Knowing that YOU MANIFEST YOUR REALITY thru Intention, Attention and Conscious Thinking

    ✅ Living life from a place of Gratitude, Ease, and Flow

    Abundance Consciousness ALWAYS precedes Manifestation – it’s a precursor to experiencing Wealth and Freedom in your life.

    So, you’ve got to achieve a vibrational harmony with what you desire!

    OK, without further due, let me share the…

    8 Key Components For Achieving Freedom And Prosperity:

    1. Clarity about your goals and desires.

    2. Healthy Relationship with Money.

    3. Abundance Mindset and Prosperity Consciousness (some refer to this as Inner Psychology)

    4. Commitment, Unshakable Confidence, sense of Self-Worth (this component also belongs to Inner Psychology)

    5. Savvy Money Management skills (Upgraded Skills)

    6. Strategic Investment skills and developing YOUR unique personalized path to Financial Freedom (Upgraded skills and Strategic Investment Plan)

    7. Environment and Lifestyle that support success (having supportive Environment is essential)

    8. Guidance and support from a coach or a mentor, who believes in you and knows how to help you achieve your desired results. (Environment)

    Now it’s the best time for you to take aligned actions and apply your knowing!

    To your Health, Wealth and Freedom!

    Millen Livis

    P.S. Let me know what resonated with you, what triggered you, and what questions do you have for me.

  • How to Cultivate the Power of Clear Thinking to Unleash Your Financial Success

    How to Cultivate the Power of Clear Thinking to Unleash Your Financial Success

    In a world filled with constant financial choices (a.k.a. “shiny objects”), promising opportunities to satisfy our desires, and very little programming for self-discipline, developing clarity of thinking has become more crucial than ever before.

    So, let’s start with exploring why clarity is essential for financial wellbeing, how it shapes your financial decisions, and how to cultivate this empowering skill.

    PART 1: Significance of Clarity around your Money

    Clarity of thinking is the bedrock for building a solid foundation for your financial success.

    It allows you to gain a crystal-clear vision of your financial goals and develop a realistic path to reach them.

    Without clarity and common sense, you may stumble through life, struggle with living paycheck-to-paycheck, and worry about your financial future even though you make good money!

    One of my beautiful and smart clients, let’s call her Sarah, struggled with living paycheck-to-paycheck and constant money worries for years.

    She felt overwhelmed by snowballing debt that she and her husband accumulated after unfortunate circumstance, and was unable to make sound financial decisions, which led to jeopardizing her relationship and health (she develop several stress-related health conditions).

    It wasn’t until Sarah took the time to gain clarity about her financial goals and priorities that she was able to turn her situation around.

    With newfound clarity and sense of control over her money, she started mapping her money along different money buckets in alignment with her priorities and goals, diligently implementing this new intentional money management, and made informed investment decisions that propelled her towards desired financial security.

    Part 2: Clarity influences your financial Decision-Making process!

    When you have clear understanding of your financial goals, values, and priorities, you can make informed choices and decisions that are aligned with your long-term vision.

    Clarity enables Empowerment.

    Because it empowers you to cut through the shiny objects, the noise of market fluctuations and other external pressures, and enables you to make confident financial decisions.

    If you are a high-income earner yet live paycheck-to-paycheck for years and are not seeking support to help you change this situation, you’re lacking clarity of thinking.

    If you make good money and don’t have a strategic plan to become financially free, you’re lacking clarity of thinking.

    And if you’re counting and saving every penny yet feel like life is about surviving… instead of looking for solutions to change your money mindset and your money experiences, you’re lacking clarity of thinking.

    When I was experiencing my “dark night of the soul”, when I was divorced, deeply depressed and broke, I kept saying to myself “I am such a failure… I have great education, great experience, and great intentions and look at me now…”

    I was lacking Clear thinking. I felt stuck in unsupportive unhealthy thinking and was focused on my challenges and problems, instead of solutions. This thinking pattern led to downward spiral that literally brought me to my knees.…

    Fortunately, I was introduced to a coach, who helped me shift my thinking patterns and return to clear thinking.

    And THAT made all the difference for me. I became financially independent within 7 years!

    Sometimes we all need a little help and it’s ok… because it’s the outcome that matters. Right?

    Part 3: Cultivating Clarity of Thinking for Financial Success

    Let me be frank…

    Cultivating clarity of thinking in the realm of finance is a journey or a marathon, not a sprint, and it requires deliberate effort and self-reflection.

    Let’s explore practical steps to develop and nurture this invaluable skill that is essential for financial success.

    Step 1: Define Your Financial Goals.

    Take time to define your short-term and long-term financial goals. Be specific, measurable, and realistic.

    Clarify what financial success means to you personally, describe it by writing about it into your journal and get excited about your vision.

    Remember, Clarity enables empowerment.

    Step 2: Identify Your Values and Priorities.

    Reflect on your values and what truly matters to you.

    Align your financial decisions with your core values to create a meaningful and fulfilling financial path.

    Getting clarity about your values and priorities will save you time, headaches and regrets!

    Step 3: Educate Yourself.

    Gain knowledge and understanding about personal finance.

    Learn about intentional money management, strategic investing, investment risk management strategies, and wealth-building principles.

    Clarity is often born from a solid foundation of knowledge.

    Step 4: Create a Path to Financial Independence.

    Develop a detailed financial plan that encompasses your goals, your money mapping, your FFN (Financial Freedom Number) and your FFI (Financial Freedom Income), and investment strategies.

    A well-defined plan provides a path towards financial success and freedom.

    Step 5: Regularly Review and Adjust your plan.

    Have monthly “Money Dates”! J

    Review your financial progress and make necessary adjustments.

    Clarity evolves over time.

    Staying proactive allows you to align your choices and financial decisions with your changing goals and priorities.

    Here’s the bottom-line:

    Developing Clarity of Thinking in matters of finance is not just a luxury – it is the key skill to unleashing your financial success.

    By gaining Clarity about your Financial Goals, Values, and Priorities, you can make informed choices and aligned decisions, build a solid financial foundation, and create a future of financial security and abundance.

    Embrace the power of Clarity and you’ll notice the difference in your decision making and bank account.

    To your Clear Thinking, Health, Wealth and Freedom!🙏💖

    Millen Livis

  • ONE Skill You Must Have to Be Financially Successful

    ONE Skill You Must Have to Be Financially Successful

    Most people think that if they only had a lot of money, they will feel financially secure…

    NOT TRUE!

    HAVING money doesn’t mean you know what to DO with it.

    MANY high-income earners live paycheck-to-paycheck and are NOT financially free.

    During my complimentary money strategies sessions, I speak with a lot of women from all walks of life. And MANY successful high-income earners…live paycheck-to-paycheck and are not financially free!!

    And that’s not all.

    While over 63% of Americans are currently living paycheck-to-paycheck, many are now worried about safety of their money at the banks!

    NOW, more than EVER before, you’ve got to be financially savvy, so that you can make better financial decisions.

    We all wear many hats in life – parents’ hat, spouse hat, employee or entrepreneur hat, and… money manager hat – your money manager.

    Each “hat” you wear requires certain skillsets – like communication skills, parenting skills, specialized skills in your area of expertise as an employee or entrepreneur…

    Some skills are “nice to have” and some skills are necessary.

    And there is ONE particular skill that everyone – regardless of your education, type of work, your upbringing or your natural talents – must have to be financially successful.

    This skill is… Savvy money management.

    And since it’s such a foundational skill, it’s outrageous that it’s not taught at schools and colleges…

    You’ve got to be financially savvy!!

    You must know your numbers – what’s coming in and what’s coming out.

    You must have a healthy relationship with your money.

    Yep, you’ve got to know how to be intentional with your money – how to manage it, how to grow it and how to protect it.

    Whether you manage your retirement funds yourself (like I do) or outsource it to financial advisers, you’ve got to be an informed consumer!

    Money is like a game and, sadly, many people lose it before they even start….

    Financial ignorance is very expensive.

    Everybody wants to be financially free, yet most people don’t know HOW to WIN the Money game OR don’t believe it’s possible for THEM to be financially free… so, they don’t even start!!…

    And that’s where I come in…

    When I work with clients, I use the MILLENaire Method – my holistic system for becoming financially independent.

    This method addresses 4 areas of life that influence financial success the most: money mindset, money management, money investing, and… spirituality.

    This is the exact method that I used in my life to become financially independent in 7 years….

    Financial Freedom doesn’t happen by accident.

    You must have a clear intention, commitment and a plan.

    I was the least likely person to become financially free… was divorced, depressed, and broke… yet now I’m financially free for over 13 years and own homes in South Florida and in the South of France.

    And I can help you become financially savvy and grow your money with less stress and less risk, so that you too create your best rich life and never have to worry about money again.

    Message me privately if becoming financially independent is one of your “non-negotiable” goals.

    To your Health, wealth and Freedom!

    Millen Livis

  • 13 Money Lessons your Kids are NOT TAUGHT in Schools.

    13 Money Lessons your Kids are NOT TAUGHT in Schools.

    Did you have a great experience in school when you were young?

    I had a mixed one… and very little of what I was taught was important for my success in life.

    You see, some kids have a great experience in schools. But, sadly, many feel that it was some of their worst experiences.

    Not only some kids experience bullying and social pressure as “unpopular”, but many also have their individuality and genius crushed. No wonder homeschooling is so popular these days!

    And what bothers me a lot is how little practical skill-sets our kids get in schools and colleges. 

    Specifically, I am referring to basic financial education. 

    Not only our kids are not taught about the history and origins of money, the basics of financial literacy and financial responsibility, but they are also often get conditioned to fear money and/or to perceive the desire to be wealthy as a bad or unworthy pursuit.

    So, if I could propose the basic financial education to our kids or even young adults, here’re 13 Financial Literacy Tips I would include:

    1.     Money is not a “thing” – it has the meaning YOU assign to it. So, it could be something that has a positive and empowering role in your life. And the best part is that it’s YOUR choice how you perceive money – a friend or a foe.

    2.     Wealth is not something you acquire…It’s what you create in your life. It’s also not the destination but a journey. This journey will build your character, test your strength and teach you important lessons.

    3.     Money is a form of exchange of value. In the old days, people traded commodities (e.g. grains or chickens, etc.) for things they needed. Then they invented money (e.g. gold/silver coins and later notes) as a more convenient token of exchange. The more people you serve and satisfy the demand they have, the more opportunities you create to earn more money.

    4.     You must know your cash flow – how much money is coming IN and how much money is coming OUT. And cash flow coming IN MUST BE MORE than cash flow coming OUT. If it’s the other way around, you’re bound to be a slave to money.

    5.     You’ve got to understand your personal financial statements. That includes your bank statements, credit card, and mortgage statements, etc. Ignorance is expensive.

    6.     You must understand different kinds of debt. “Good debt” is the leverage that helps grow wealth. “Bad debt” is high-interest consumer debt (credit cards’ debt) that hinders your efforts to grow wealth.

    7.     You’ve got to know the difference between assets and liabilities.  For example, a house with a mortgage is a liability, not an asset.  A car with a car loan is a liability, not an asset. More liabilities = less money for you. More assets = more money for you.

    8.     There are three types of income: Earned (paycheck from a job), Capital gain (when you sell the asset that appreciated in value), and passive income (when you receive money without exchanging your time for money).

    9.     Savings are seeds of your wealth. Investing is the fertilizer for growing your wealth. Strategic investing is how you make your money work for you.

    10.   To accelerate your wealth growth you must have multiple sources of income. Multiple Sources of passive income is how you become financially independent.

    11.    You can create wealth by building a business that offers products and services that people need, want, and are willing to pay for; OR by investing in various assets that provide value appreciation/growth and income (e.g. real estate, stocks, etc.)

    12.    It’s not about how much money you make but how much you keep. Understand how to manage it and how to minimize your investment risk. Know when to act and when to wait. Be mindful of fees and taxes. Invest in your knowledge – THAT’s the investment that has high returns.

    13.     NEVER put all your eggs in the same basket. Diversify your investments, develop skill-sets in different areas you want to invest in. Take responsibility for your financial sovereignty. 

     

    What do you think about these tips? Which ones you’d share with your kids? Which ones resonated with YOU the most?

     

    To your Health, Wealth and Freedom!