Never Be Broke Again (Part 7)

Posted on June 26, 2019 by dianagracethompson

Hey there. Diana here from Strategicfinances.net empowering women to build wealth online. Thanks for taking the time to listen to what I have to say. My intention is to build as much value as I can in a way that you can understand.

Today is the last part in my 8 part series on how to achieve financial freedom. In the first video I talked about why we work. We work to maintain our current lifestyle while simultaneously investing for our future lifestyle. Then I talked about the 4 challenges that we have which are inflation, taxes, debt, and big business.

After, I talked about the 3 solutions starting with increasing your cash flow and building business income. Today I’m going to cover the last solution which is investing. The first time that I heard about investing my mind was blown when I learned that your money can make more money and faster than your labor EVER could!

When I heard this my mindset changed and I suddenly wanted to really start investing. Whether you should wait and pay down debt before investing or do it simultaneously you want to start. I am currently an investor and am constantly learning more about it and taking action on what I learn. If you don’t learn to invest you will work until you die!

I have a retirement date and amount goal set and I understand what I have to do to reach that goal in a timely manner. I have set my financial GPS and work toward understanding and implementing what I need to do in order to maximize my investments.

Another benefit with investing is that you enter into a lower tax bracket, which means that you will pay less taxes. An employee is taxed at around 40%, a self-employed individual is tax at around 18 – 33%, and an investor is tax at around 15%.

Create some investment income through Capital Gains, dividends, and investing in yourself, which has the greatest ROI. I’ll talk more about this in future videos so be sure and subscribe to my blog here.

Never Be Broke Again (Part 6)

Posted on June 25, 2019 by dianagracethompson

Hey there. Diana here from Strategicfinances.net empowering women to build wealth online. Thanks for taking the time to listen to what I have to say. My intention is to build as much value as I can in a way that you can understand.

THIS IS THE 2ND TO LAST VIDEO on the 3 solutions to achieve financial freedom.

In the first video I talked about why we work and our 2 main objectives, which are to support our current lifestyle and our future lifestyle simultaneously.

In the 2nd video I talked about our 1st challenge which is inflation when it comes to building wealth and then our 3rd challenge which is debt.

The 4th challenge is Big Business and the first solution is to increase your cashflow, Today I will talk about the 2nd Solution. LISTEN. You can coupon year after year, you can, cut expenses and do crazy things to save money but at the end of the day you have got to increase your bottom line.

You need to increase your income and build a stream of business income to go along with the other 5 income streams that I’ve shared with you. The average wealthy person has 7 streams of income. It’s difficult to pay for your current lifestyle with ONE stream of income.

Building business income qualifies you for more tax savings. Remember this, your income should increase every single year. Building business income will allow you to fund your dream projects or dream businesses. Have you ever wanted to open up a Daycare for kids? Your own Boutique? Your own restaurant? Where is that income going to come from? You either need the cash flow or the great credit to start a traditional business. An online business costs less than $5,000 to start with little to no overhead.

It’s time to stop trading hours for dollars and learn the gift of leveraged, residual income to go along with then eventually replace what you bring in at your job or traditional business. If you need help growing an existing business of yours learn how I can help you here. If you don’t have a business but are looking for a low cost startup learn how I can help you here.

Never Be Broke Again (Part 5)

Posted on May 24, 2019 by dianagracethompson

Phew! Let’s move on to the last 3 videos in this series on how to achieve financial freedom. In the first video I talked about why we work and our 2 main objectives, which are to support our current lifestyle and our future lifestyle simultaneously. In the 2nd video I talked about our 1st challenge which is inflation when it comes to building wealth and then our 3rd challenge which is debt. The 4th challenge is Big Business and In today’s video I will talk about SOLUTIONS. Starting with the 1st Solution

Financial freedom is not a fad or something that is here today and gone tomorrow. You will FOREVER have to deal with money and play to either win or lose in the money game.

The first solution is to increase your cash flow. This particular information that I’m about to share with you is something I wish I knew when I was working a job. It would have helped me come up with the cash flow needed to achieve my financial goals. Particularly for me I needed to save money for my mini emergency fund.

However you are earning money whether you are an employee, self employed, a business owner or an investor. You need to know how to manage it meaning how to earn more than enough, how to keep as much of your money as possible, then how to multiply and grow your money over and over for generations and generations.

If you don’t know how to effectively manage your money you are likely to lose it all. A business partner and mentor of mine told me about a women that she knew who earned $200,000 in 2 years and is currently broke. She said that she spent the money on purses, clothes, and vacations and it was soon gone. If you don’t have an effective plan of action and proper direction for your money it will forever evade you. Get a plan here.

So the 1st way that you can increase your cash flow is by adjusting your Form W4 at your job. I also talk with a lot of people who are self employed and don’t have a w4 form to fill out. There are ways for you to increase your cash flow as well by minimizing expenses, eliminating debt, and minimizing your taxes. When I got around people who are financially successful I immediately increased my cash flow by minimizing my expenses. I took at look at where my money was going and made adjustments, even without having a w4 form to adjust.

I revisited my auto insurance and my cell phone bill to name a few things to see if I could get a better deal. There’s always a way to minimize your expenses if you’re serious about achieving financial freedom. Now when you have that extra cash flow coming through your household you know what to do with it. Whatever amount extra it is you can use that to build up your mini emergency fund, get out of debt, or start investing to name a few examples.

So to recap you want to increase your cash flow by adjusting your w4, eliminating debt, and minimizing expenses. This information is more powerful than you could ever know, but only if you take action. If any of this information resonated with you and you need help moving forward without overwhelm reach out to me here.

4 Challenges That Are Preventing You From Building Wealth Part 4

Posted on May 20, 2019 by dianagracethompson

Let’s continue on a series on how to achieve financial freedom. In the first video I talked about why we work and our 2 main objectives, which are to support our current lifestyle and our future lifestyle simultaneously. In the 2nd video I talked about our 1st challenge which is inflation when it comes to building wealth and then our 2nd challenge which is debt. In today’s video I will talk about the 4th challenge before we move into SOLUTIONS.

The 4th challenge is big business. So your big business are Walmart, Target, Amazon, etc. Have you ever realized that there is something to celebrate every month that you feel like you need to participate in. Besides birthdays, weddings, baby showers, graduations, etc Let’s run through a few holidays…

January – New Year’s Day

February- Valentine’s Day

March- St. Patricks Day

April – Easter

May – Memorial Day

June- Summer

July -4th of July

August – Back To School

September – Labor Day

October – Halloween

November — Thanksgiving

December – Christmas

If you want to stop the madness and stop making big business wealthy. Take that money back and improve your current and future lifestyle. If you want to learn how to shift your income back into your family household click here to learn how.

4 Challenges That Are Preventing You From Building Wealth Part 3

Posted on May 18, 2019 by dianagracethompson

Today I want to continue on a series on how to achieve financial freedom. In the first video I talked about why we work and what our 2 main objectives are. In the 2nd video I talked about our 1st challenge when it comes to building wealth. In today’s video I will talk about the 2nd challenge that is preventing you from building wealth.

This challenge may be something that you don’t think you have any control over. It’s something that we deal with on a daily basis and that is taxes. Are you an employee? 80% of Americans are employees and automatically have about ⅓ of their taxes took out of their paychecks.

Do you feel like you have no control over how much taxes you pay? If so I want to enlighten you and let you know that the wealthy know how to minimize their taxes legally, ethically, and morally. What you don’t know can hinder you. We live in a capitalistic society and you need to learn the rules of the game. Then you need to play the game to win!

If you want to learn how to lower your taxes and increase your cash flow hop on my newsletter. Stay tuned for part 4 in my series on how to achieve financial freedom.

4 Challenges That Are Preventing You From Building Wealth Part 2

Posted on May 16, 2019 by dianagracethompson

Hey there. Diana here from Strategicfinances.net empowering women to build wealth online. THanks for taking the time to listen to what I have to say. My intention is to build as much value as I can in a way that you can understand.

Today I want to continue on a series on how to achieve financial freedom. In the first video I talked about why we work and what our 2 main objectives are. In todays video I will talk about the 1st challenge that is preventing you from building wealth.

Do you feel as though you can never get ahead no matter what you do? It’s because of inflation. You may be getting a raise here and there, you cut expenses where you can but you’re still struggling to make ends meet. Again, it’s because of inflation. Remember when a $20 bill would fill up your gas tank, but now that same $20 might get you a half of a tank…might, more like a quarter of a tank.

Inflation is also known as the silent income killer. For example if you leave $1,000 in the bank at less than 2% every year that $1,000 will loose value because inflation increase at a rate of about 2 to 3% every year. The only way to beat inflation is through investing.

Don’t lose hope. I have solutions. There are ways to beat inflation and the wealthy know how to beat it. The right knowledge and the right application of that knowledge could change your financial future forever! Want to learn how?

Don’t lose hope. I have solutions. There are ways to beat inflation and the wealthy know how to beat it. Want to learn how? Learn from me here.

How To Achieve Financial Freedom Part 1

Posted on May 15, 2019 by dianagracethompson

Today I want to start a series on how to achieve financial freedom. In this first video I want to talk about why we work. What is our objective? Are you where you want to be financially? Are you struggling to make ends meet or are you not sure how to achieve financial independence?

I know that the US economy has its own problems but you can create your own prospering economy starting with the money that is coming through your bank accounts. So. We work a job or work a business so that we can pay for our current lifestyle and simultaneously put investments toward our future lifestyle.

What is your money goal? Do you have a money goal? I didn’t until a few short years ago. We must take control of our finances and the first step is writing down a realistic goal for yourself so that you can enjoy your current lifestyle and put away money now so that it can take care of you when you no longer want to work or are no longer able to work.

There are two entities that you can no longer depend on.

The government. They provide Social security but the average ss check is about $1300 and that’s not enough to live off of. Also, Social security will soon no longer exist. So what do you do?
Corporate America. They provide pensions but more and more companies are not offering it these days.

So again, What do you do?

You must literally take your financial future into your own hands. The first step is education so be on the lookout for the next video in this series on how to achieve financial freedom.

Welcome To My Blog

Posted on December 17, 2018 by dianagracethompson

Economic Empowerment, Entrepreneurship & Finances

Hey there Diana here from Strategicfinances.net. Empowering women to build wealth online. Thanks for taking the time to listen to what I have to say. My intention is to build as much value as i can in a way that you can understand. Today I want to welcome you to my finance blog and I want you to know that I’m here to serve you and this blog is all about you!

I’m a financial educator and Internet and Network Marketing coach. I believe that everyone needs to figure out and live out their purpose on this earth before they die. I believe that the only way to do this is through entrepreneurship.

There are no limits when it comes to entrepreneurship but there are limits when it comes to your job or the job that you’ve created if you are self employed. Entrepreneurship is not about the money but about purpose and helping the people that you are here on this earth to help. I believe in God and he sent Jesus on this earth to show us how to live life and live it more abundantly.

I am all about abundance and since we are living in this physically realm we also need to know about stewardship and how wealth works so that we can leave a legacy and leave an inheritance for our children, their children, and so on. We are to impact at least 2 generations. Remember that. Also remember that you can’t leave your job to your kids but you can leave businesses and wealth principles for them to know, understand, and apply to their lives.

It’s about wealth transference and I’m extremely passionate about it so I created this website to teach what I’m learning about wealth and living life to the fullest. But I want to dig in deep because if you are currently in a place where you are broke, busted, and disgusted it’s going to take a lot of mental work to turn things around in your favor.

Yes God gave us the power to get wealth but you have to learn some things that you most likely have never heard before in order to do that. I want to share those things with you so my content will be centered around economic empowerment, entrepreneurship, and finance.

I look forward to enlightening you and serving you so stay tuned. If anything I said resonated with you you might want to consider subscribing to my newsletter here.

Thank you and God bless