About Motherhood And Mom Entrepreneurs

The top priority of my life is always my family and my business; as an entrepreneurial mother.

Here is my story. I am always being an enthusiastic person. I was so eager to get promotions that for availing that; I have attended almost every seminar and the classes that boost my career. I was really amazed that my classmates were all men and were around 40 years and I was the only girl of 20’s. I never lose courage and also worked hard to reach the top level of management.

My dream to reach at the top level and desire to make status in the corporate world was almost end when I had a baby girl, named Jackie. Like all the other mothers, my all priority is shifted towards my daughter and I wanted to give my most of time to her. My work and school were no more important to me, rather I was seeking for the opportunities to work from home and other part time jobs.

It was not really easy to manage both business and the motherhood. My baby has spent lot of her time in the daycare, while I was busy in doing the corporate business. I was at that time missing many other opportunities and I was realizing that my daughter is missing the best days of her childhood with her mother.

As a mother, I was concerning about my motherhood and was knowing that the childhood of my daughter will swan away in just a blink of my eyes. This fear was constantly hanging over my head. To overcome this fear; I started looking for the pat time jobs and I was lucky enough to find them. I worked as a full time worker till my daughter was of 12 years. Still that work has not given the security of being leaving the corporate world for managing my own business.

Fortunately; the entrepreneurial bug was introduced in 2002. This has supported me for having my own business. I am enjoying handling my business, as well as, able to schedule much time around every activity of my children. They are even allowed to work with me occasionally.

My Jackie is so happy with this business schedule and she has shared her happiness while we were having breakfast together. She is quite pleased with me as I have now time to give her pick and drop to the school and attending her important activities.

My hubby, Terry is now going to join me in my business, full time. His joining will support me to expand my business and we together will be able to manage more work. This is going to bring the major modification in our lives. My son Cole is only about three years and he has to spend three days a week in a daycare.

I and my hubby had a meeting last week and we decided to bring some changes in our schedule and decided that Terry will spend more time at home. We decided that we will take care of the Cole, our-self and will adjust the business in the remaining two days. We decided to repeat this schedule for the two years, until Cole will get admission in the kindergarten. We both understand that it is much better for our son and us to spend more time in the presence of each other.

As a mom entrepreneur; I have learnt many things and I always wanted to share these things with the world. My one of the colleagues had shared a very important saying with us; in a breakfast meeting of our business. He said that you are not listening, you never have listened and you are not listening it now.

Then he explained that how he has learnt that he was not listening to his own daughter. At his this comment; I was shaken and my heart was sinking. I had a first thought of my children. no doubt, I always wanted to spend more and more time with them; but yet, I was not finding time for doing so.

I was so much busy with my growing business that I had stopped listening to them. I had been very wrong with my children and was making myself a fool that I am working hard for them. At that day, I apologized to my daughter. I made several immediate changing in the schedules.

For instance; I talked with my daughter about earning the P.E. by ironing the star. I realized that my unavailability will make me loose how much, every day. Working mothers are always struggling for making their time out with their children. Although; it is very necessary to make the time most memorable while we are really present with our children.

Teamwork really matters. Open communication is the best mode which can help us in bringing our families close. I never feel afraid from asking the help from my family. I always share about my upcoming schedules with my family. Even if I have hectic week, I use to tell my family about what is happening in my life.

If this stress is temporary and my family can help me out in overcoming the stress, I always seek their help. They help me out in managing the things when I have to leave early for the breakfast meetings, as a team. Everyone knows their responsibility; my husband, for instance take care of Cole and drop him to the preschool when I am not available.

My family is quite understanding. They know I have to fulfill my commitment towards my business. I also understand the need of my family and that is why I hardly attend one breakfast meeting a week. I always communicate about what is going on in my business and seek their involvement in the business. We all work together and have been able to achieve success in both, business and the family life.

I hope this advice will help you out, as well. I am seeking to get your assistance as I want to compile my book “Mom Entrepreneur.” I will feel pleasure if you can provide your advice to other mom, as well as me, for improving the family life.

Run Like a Mother: How to Get Moving–and Not Lose Your Family, Job, or Sanity

Save Money With Banking

Checking the bank statement every month has become reason for the headache. Almost every one of you find yourself lost in viewing the transactions you have made every month.

Seeing the current situation of accounts may frustrate you. But the time is not for getting depressed rather to do something. Take everything in your own hand and follow the tips given below.

1. Saving Money:

Save the money and make it your habit. This is something that must be done on the regular basis, in order to get the handsome amount in the end.

The current trend of economy is: the fewer earnings and more expenses on consumer goods. So in this scenario you must try to develop the habit of saving in your lifestyle, so to make your future secure.

2. Banking :

Saving the money is important but keeping them in the bank is the wiser act. You can put your money under the pillow or some other place at home. But what actually happens when you deposit it in the bank.

Firstly, it become secure and save there. Secondly, it becomes far from spending on your small unnecessary needs and finally, it earns you some interest over it and enhances your actual amount.

3. Banking Strategy for More Savings:

This means to strategically organize your money. You check your current status and make plans to improve your savings and try to find out some benefits from savings.

4. Savings Account:

The best way to save money is to invest it in the saving account. It gives you the interest if you maintain some certain amount as par their requirements. This stops you from making withdrawals.

But if you are so restless and make the money withdraw every time, try to hide your ATM card that let you make withdrawals. This will kill your eager to get the money out and make the money secure.

5. Long-Term Deposits:

If you feel that you have to keep the money in bank for longer period of time, try to opt for the certificates of deposits. It will keep your money secure for the longer time period and gives you higher returns over the actual amount.

You will also become unable to withdraw the money. If you will make the withdrawal the bank will charge you the penalty. This heavy fee will stops you from the withdrawal.

6. Features and Offers:

But before depositing your money with any bank, try to find each and every facility they are providing you. Also see what other banks are offering you. May be some bank will give you more interest rates and other may give you more security. Try to make your decision after the careful analysis of the market.

Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports

Try These Simple Ideas To Save Money

This article will put light on some ideas for saving the money. This is especially for those who finds it difficult to save but indeed wants to save for securing the future financially.

Try to reduce the cost that you are making on magazines every year. It is found that most of the American families are fond of gathering different types of magazines. Each family member has different choice of magazine and it cost approximately $20 per magazine annually.

If there are five members in the family having five different choices for magazines it will cost $100 per annum to satisfy their wants.

It is better to get the information about sports, fashion, business, home, gardening and many more from the internet website free of cost rather than spending $100 on magazines per annum.

Always try to buy the consumable goods in bulk. Have you ever think that why warehouses and discount clubs can sell at very cheap prices? It is because they buy and sell in the bulk quantities. Thus they save approximately 10-15% of the cost. You can do in the similar way. Buy non-perishable items like canned goods, cleaners, kitchen towels etc. in bulk so to save money on it.

Eating out is becoming the trend in your daily life which was the matter of celebration on the special event. Eating out can shoot up the expense of your food budget by 40%. It means that you are spending approximately $40 on just eating outside weekly. If it is saved by dinning in homes, think how much you will be able to save.

But stopping yourself from eating out is not the solution. Rather you should plan your menu day ahead so that when you return from your job, you know what to cook.

Decide a day before that what you want to cook next day. Take the ingredients of that recipe out from freezer and place them in refrigerator. You will find everything ready to be cooked and defrost.

By following this way you can say $40 * 4X. This will not only save money for you but also make you able to plan a grand dinner on every special occasion.

The next thing in which you can save money is by cutting the expenses which you are currently paying to your dermatologist. You can make homemade skin care products even from the ingredients that are available in your own kitchen. The beautiful risk is guaranteed. Try the following things:

• For exfoliating the dry skin use the mixture of honey and oatmeal.

• For making your skin soft, use ginger seeped in bath.

• For softens the tired skin use cucumber and milk.

Look how easy to save money is, by just following the above mentioned points. Use your big ideas to make your future secure by saving today!

Save Big: Cut Your Top 5 Costs and Save Thousands

Saving Money By Saving Coupons

It is a paradox that why people find it easy to spend money but difficult to save it. According to a research 80% of the people feel that they can easily spend their money in different things and feel that it is almost impossible to save money from what they are earning.

They even cannot save 10% of the money from their earnings. It is almost impossible for them to gather the hefty amount to be saved.

The key solution to the above mentioned problem, which currently almost every person facing is: they should know how to save from their daily expenses. Just cut the expenses down.

The main point is that take benefit from the discounts, sales and freebies items. The wise consumer always waits for such opportunities and avail it. This make him/her saves hundreds of dollars.

One of the good examples is the usage of coupons:

But the problem associated with this is that the people are less aware from it and feels that they can manage without utilizing it. This can save only negligible amount and forgets that gathering penny by penny you will get a dollar. Thus do not want to avail it.

For creating the awareness in the people and letting them know how these saving coupons can provide them benefits, some tips are given below:

1. Look for the right places:

If you are unaware about the availability of saving coupons, you can find it in the Sunday magazines and the newspaper. They provide excellent saving coupons.

Usually, companies offer these coupons to the consumers because they want to sell their products, at the same time facilitates the consumers and making them loyal. They use the papers to distribute the freebies.

2. Shop online:

You can also find the discount coupons on online shopping. Many of us do not even know that the saving coupons available on internet let us save more than that on newspapers.

For getting the online coupons all we need is to get registered there by opening the new account for online business.

3. Coupons are great money savers:

The best part of saving coupons is that it can let you decrease your expense up till 50%.

This will definitely helps you in saving the money. And those people who are still thinking that these coupons are useless are in vain. You can save tremendous amount at the end of month by availing the coupons.

Save 2 Spend Home Budgeting Software

Learn How Your Mom Manage The Budget

Budgeting is the duty that is imposed on the most of the mothers in the family. Besides all other duties the finance allocation is mostly imposed on her. She has the ability to foresee the about the future and has instincts.

The main thing to consider is that how mothers can manage budget without using the difficult mathematical formulas and other tricks? The amazing answer is that she can do it by using common sense and ingenuity.

As a kid, we should see the cleverness our moms using in managing the budget and must learn from it. In later life it would be helpful in managing the budget for our households.

There are some tips through which we can learn:

1. Mothers are aware of the expenses. She knows that apart from grocery, housing, food, health insurance and clothing the money is spent on the child. She never wants to compromise on the money which is spending on her children.

2. She always does the close examination of the children care. For this she studies all the aspects like health, safety and education for her children.

3. For understanding the psychology of children more she fixes the time with the child care experts and for spending more time with her kids she takes day out from the job.

4. It is especially very difficult with working women. She has to take care of the house plus children as well as the job. For managing the two things at the same time she incorporates practical ways.

a. She wears the professional clothes rather than trend one.

b. Remain elegant and simple by using the basic colors.

c. She does the wash and wears clothes at home and save hefty amount of dry cleanings.

d. Do not wear accessories.

e. She does most of her work like cleaning, ironing etc. herself.

5. She always keeps a list of items to be bought so that she can remain with in her budget. She also does not have much time for roaming in the stores without purpose.

The Money Saving Mom’s Budget: Slash Your Spending, Pay Down Your Debt, Streamline Your Life, and Save Thousands a Year

Flea Market: Methods to Make Cents From Your Home

You should try to save money as well as try to earn extra amount of money. For this you should find the creative ideas and implement them to earn by sitting at your home even.

The extra amount of money which you can earn by doing extra work can be saved. You can also involve the family members in helping you out in earning.

Things that are useless and extra at your store rooms can also be sold out so that to earn money as well as clean your space and reduce the cost which is associated with its maintenance.

For the initiators the best way is to start with the garage sale. The good motivation for this can be the flea market where people can purchase anything at very low price and vendors earn large amount of money.

The question rises here is: how you can efficiently purchase at the flea market and save money? The key to this is that everyone who wants to sell the some things at the lower prices but that should be of good quality, visit the flea market.

So if you want to buy the products at cheaper prices and have completed your preparation you can go to the flea market. Here are some tips which will help you:

1. Prepare your maps, tools, cash and measurement:

a. Tool kit which contains pliers, tape measure, ropes, pencils. Screwdrivers, plastic bags, boxes and swatches.

b. Floor plan measurements

c. Directions, maps and phone numbers.

d. Must have sufficient cash and even checks to buy high priced things.

e. Be prepared for bargaining.

2. Go early if you want to have the best products to buy.

3. Be aware and note everything during shopping.

a. Be prepared for the negotiation and price haggling.

b. The items which you have bought can be redecorate or recolor, so to make them more attractive and unmatchable.

How flea market can become motivation for you? Once you have observed that how seller are bargaining and trying to sell their items, now it is your time to implement those ideas in your business.

For starting garage sell business keep five things in mind: date and time, location, presentation, variety of items, promotion and prices.

1. You should target that place where people can easily drop and pick things. For this garage your home would be suitable. The weekend’s sale is the best schedule.

2. When you clean things for sale, note that how many items are you going to sale, tag them and the items which need to be repaired before sale must be send for repairing.

3. Make your tables, boxes and baskets attractive from fabric and other materials. Place your items to be sold over them. Price tag should be placed on each items and items must be arranged in any style.

4. The purpose here is to get rid of the extras items but at the same time sell your items at reasonable price. So make your prices low.

MONEY How to make it and How to keep it

Let’s Considering About Frugal Living

Frugality is a term that is considered to be in the negative meanings by most of the people. There is a thin line difference between the saver and the frugal person, same as the difference between the awkward and ridiculous. From here the negative suggestion comes from:

But it depends on you, if you have made rules to be frugal in your living standards and have decided to follow that; you surely can never go wrong. No one can demoralize you if you have firm believe in your decision. Always keep your head up and try to follow the following tips:

1. Eating out: Eating out with friends is always a fun. But at the end of the month when you look at your expenses which you have made on eating out, you will be amazed that how much you have wasted.

2. Clothing: If you have eager to buy and wear the designer clothes and signature brands, of course you should leave the thinking to save something. It is not necessary to buy the expensive brands but the need is to just wear the clothes which suit your personality.

3. Own Home: If in near future you are intended to shift your place, take the smaller steps without excitement. You should be the practical and try to rent-to-own or become the owner financing.

4. Buying Your Own Car: The main purpose to buy the car is to provide yourself with the personal transport. So, avoid buying the SUVs or sport cars. Before purchasing the new car see the warranty claims from your car company. This may change your decision to buy the new car.

5. Shopping for Groceries: Try to shop with the coupons or buy during the sale times. Give time in the grocery store to clear fully analyze the prices between the branded and non-branded products. Always opt for the non-branded products.

6. Family Out: You can enjoy the inexpensive outs with family like going to picnics, church, beach, libraries, free parks or visiting the friends.

7. Buying School Supplies: Don’t buy expensive and fancy things. Try to get the stock of school supplies at home.

8. Try to put limits your expenses and live within your budget.

9. Plan your Child’s College Education: Try to make your kids more independent and realize them that they can earn by doing part time job in college campus or can get scholarship to reduce the fee expenses.

10. You should know that what your financial limits are?

11. Anticipate your Failures by Planning: Try to avoid the impulse buying by making the proper plans for budgets.

Everything Budgeting Book: Practical advice for spending less, increasing savings, and having more money for the things you really want (Everything (Business & Personal Finance))

Family Budgetting: Save Money For Your Emergency Needs

Saving for the emergency is very essential. It provides you with the financial resources and secures your financial needs. One can depend on this saving at the time of emergency like to pay hospital bills if one is sick or doctor fees or to make any emergency repair of the car or home.

If you have not saved for the emergency time it is more likely that you may borrow money or take debt from the credit cards, doing so will cost you more as you have to bear interest on it.

It will not harm you if you put $30 or $50 every month in an emergency saving account. Rather it will help you in securing your future emergency needs. You should consider the emergency funds as the additional bills that have to be paid every month in any case.

It is very necessary to maintain the emergency saving account if you want to make the financial assurance for the future. The aim is to save the money from your income and it should be almost equal to the three months living expenditures. This will help you in securing the future emergency requirement.

The only key is to save money continuously for the emergency purpose and only spend it in the case of real emergency.

The purpose of emergency savings is different from that of investment. The purpose is to get easy access on the money in the difficult time rather than to earn more interest on the investment made. The saving made must also be risk free and secured amount.

In spite of thinking about your financial status, the need is to analysis your monthly expenses. If you know that where are you presently spending and what are you current earning, you will be able to decide that where you can cut down the expenses. It will become easier to save money for the emergency purpose. This practice is known as budgeting.

Budgeting is to save money for the predictable and unpredictable future needs. The goal of budgeting is to save money for emergency purpose.

For saving for emergency one can open the saving, checking or money market accounts and also secure money in certificates of deposits CD. From these you can make easy withdrawal of your money.

You can place your money in the saving accounts for meeting the two goals at the same time. One to save money for fulfilling the future need and other is for the time of emergency. The best way is to keep the money for both purposes in fifty fifty ratio or you can either choose to open two different accounts for different purpose. The choice is yours.

Budget Tips In Familial Ties

It is always be the problem for the budget marker to execute it as efficiently as it was made. But usually the execution is quite different than the planning. The person who makes the budget always beg the other family members to support him/ her in implementing the budget plan as it was made.

Developing the budget vision in the family is very essential if you want the successful implementation of the budget plans.

Talk with your family that what are the budget limitations and in which limits you have to fulfill all the demands of family and even save for the time of emergency (like hospital dues, college fund etc).

If you will be able to make your family realize the budget constraints, they will surely change their perspective and you in that case will surely be able to achieve your budget goals. But make sure that not a single member of your family counteracts your budget shrinking plan because in that case all can be ruin.

Another way to save the money is to make the list of expenses of individual member. In this way you will be able to dig out that what are the major expenses and which expenses can be cut off.

This will show that how much each member is contributing towards saving the amount and in making the better utilization of the available financial resources.

If you have demanding kids which keep on asking for the money again and again, you can develop the habit of saving in them from childhood by giving them limited weekly allowance and ask them to meet their requirements from this limited budget and also save from it for future purchases of toys or bags etc.

You can again cut down the expenses if you break down your monthly budget even in weekly. Keep that part of money aside which you required to use in a week. This budget limitation will not let you exceed your expenses since the first week and manage it till the end of the month.

Another way is to keep an eye on your eating habits. Because most of the families spend too much in dinning out, so to make sure that you are not spending too much in outside eating.

Also keep an eye on the home made cooking expenses. Do not spend too much in eating unnecessary items. Also cut down the monthly expenses done on buying the newspaper. Do read newspaper online and save that amount in piggy bank, by doing this you will see the alarming results in the end of the year.

You can also cut down your gasoline and traveling expenses if you properly plan your day. See which activities can be done on one trip and group them if they are in the same area. This will save the cost and ultimately enhance the amount of saving.

Budgeting: Profit Planning and Control (5th Edition)

How To Manage The Budget

A budget is the plan you make for allocating of money for different household purposes. By establishing the budget you can keep track of your financial objectives, regulate your funds and can make decisions about the purchase of big priced items.

The key in managing the budget is to keep some money aside for the predictable and unpredictable expenses you have to make in the future.

In simple words, budgeting is basically to estimate the expenses made in the previous month on billing, house expenses, medication etc.

In order to understand the major funds allocation, you must make the major expense which you are currently making on home rents, insurance, car payments etc. The expenses of all the months are followed up so to know where you are spending.

By following the budgeting plan you will be able to find out the spending pattern each month and ultimately will able to discover the expenses which can cut down by making your budget effective.

Budget of the family for example, can be determined as: if your fixed income is $4000, subtract first all the monthly bills which you have to pay and other loan amounts.

The remaining will be your household budget which you have attained after deducting the fixed cost. Now the budget allows you to make portions of it for spending on grocery, clothing and miscellaneous rather than allocating specific amount for it.

Budgeting becomes crucial for those who have limited amount of money to spend on various needs and it formulates the goals and plans for spending. After making budget it is your duty to abide by it as much as it is possible for you.

There are some tips for managing the budget:

1. Lot of sacrifice has to be done if you know that you have limited resources. Your agreement and compromise is essential for managing the budget.

2. List down your cash out flows on one side and inflows on other side for planning your current situation.

3. List down the luxuries on one side of paper and necessities on other side of paper. Cut half of the luxuries from the list so to make savings.

4. Try frugality with dignity. In spite of going on shopping with family you can go to the parks or beach and enjoy playing the games with children.

Budgeting is a basic and fundamental tool which everyone should take benefit from.

Home Budget For Dummies [Old Version]

Some Tools And The Secret Of Budgetting

We all want to efficiently manage and save our money which we have earned from facing such difficulties and by putting full efforts. The concept of budget comes here.

Budgeting helps us to efficiently manage the expenses and keep record where we are spending.

It ensures that we are driving the maximum utility from every penny we spend and also save out of the money we have earned.

The first step is to set a goal and then make your budget in accordance to that. Determine what you want to gain.

Whether to utilize your income in paying the bill expenses or to keep your money aside for the future investment on purchasing a home? What so ever your goal is you should shape a budget plan to achieve that desired goal.

Secondly, it is essential to note down all your expenses which you made every month like on bills, purchasing the regular grocery items, paying the health costs and other miscellaneous expenses.

When you keep record of your monthly expenses you will be able to know where you have spent your money and where you can cut down your expenses. Let’s suppose that you are paying $2 or $5 on the newspaper purchase per day which is almost equal to the $3600 a year.

You can in fact save this amount of money if you read the newspapers on internet or in the library. You can keep that amount aside and will be shocked to see that how much you have saved by just outing these sorts of small expenses aside daily. This can be done only if you are keeping track of your expenses.

If you have taken debts, keep the track of it too. Do not mention huge interest expenses in budget. The best way to deal with the debts is to pay them on time so that you can save yourself from the superfluous late fee charges.

If monthly you have saved some excess cash pay it to the big debts in order to pay the debt earlier than the mentioned time. In this way you will be able to save the excessive interest which you have to pay every month on that debt if you continuously pay the more than the amount asked for. This will save a lot of money at the end and will be amazed you.

The last crucial step is to make your income and expense sheet so that you can be able to track your expenses. Make a spread sheet or database and maintain it properly to keep the accurate track of your budget.

Budgeting Tools that Work

It is not at all difficult to make budgets and keep track of the monthly expenses. Rather it helps you to keep some money aside from the money you have earned after facing many difficulties.

Many budgeting programs have been introduced in which you can manage the records of cash inflows and outflows. You can also make analysis of your spending behavior. You can also keep track of your future payments which you have to pay on the monthly basis by setting the date and the amount which you have to pay.

You can also track that whether you have paid those amounts timely or not. Many programs give facility of paying taxes from the draft so to ensure that you have paid it on time and have saved yourself from the late fees.

Coupon is another tool of budgeting to save some amount on the products which you need to purchase. Coupons give the discounts on the products from which you can save money that might not saved if you purchase the particular product at the regular price. The money saved by utilizing the coupon can be put aside in the banks or the in the saving accounts.

Listing the things in the PDA’s (personal digital assistance) or on a piece of paper or on phone will be able to help you in keeping the track of the items which you have to purchase. Like before you visit the super mart to purchase the grocery items, list down all the food items and other grocery items which you need to buy and that is finished in your storeroom.

Also make list of those items which are running out of your stock. This will help you in knowing that which corner of store you need to visit and which items you need to buy. This list will ensure that you have bought only the essential items and will not let you make the additional expenses on unnecessary items which are already in your stock.

Another important element of budgeting is to keep a filing system. It will contain all the bills you have to pay, your bank documents, your credit card receipts and other documents of savings and payments. This filing system will help you in keeping track of how much you have to pay and how much you have in your possession.

An effective budgeting system is one which addresses your all needs and work well for you. You can either create your own budgeting system or find it from internet but make sure that it must satify your all needs and easy to use and understand.

The Thing About Money – Earn It, Save It, Spend It, Share It (Teaching Young People How to Make a Money Plan)