Are you getting rich, WAHM?

Photo Credit: LiuTao via Compfight cc

Photo Credit: LiuTao via Compfight cc

One of my goals is to be financially free and fit. For my family, this doesn’t mean aspiring to a life of excess or luxury. We don’t want Louis Vuitton luggage or five-star vacations in European spas (unless, of course, we really were into those things and money wasn’t an issue). My family desires a worry-free way of life, where money is not a burden, but a useful tool. We don’t want to have money for the sake of money. Rather, we want money because we know it can be used for things that can help us maintain a worry-free way of life. For us, this means —

  • Being free from debt;
  • Being able to set aside funds for savings, for retirement, for vacations and fun stuff;
  • Being independently stable as providers for our family;
  • Being able to enjoy ourselves sensibly, without worrying about the price of things or activities

In short, it means having enough and then some.

The thing is, this isn’t always easy to achieve! We’ve not even met these goals perfectly, though we’re enjoying our lives comfortably, for now. However, I know that things will only work out for us financially if we are proactive as a family when it comes to working out our finances. The only way we’ll be able to ensure our bright and secure financial future is by approaching finances intentionally, with a clear purpose and goal in mind, for every member of the family.

This is where the Ready to Be Rich: Family Finances Workshop  will be of great help! In this workshop by Manila Workshops, we can learn how manage and balance our family’s budget, and more.

This workshop is for:

  • Couples who are finding it hard to budget their income to sustain the needs of their family.
  • Breadwinners who are taking care of their parents, or involved in elder care at home.
  • Single parents who are finding it hard to achieve work-life balance.
  • Newlyweds who would like to know how to become financially independent from their parents.
  • People who have relatives who depend on them financially.

Expect to get practical advice and real-life exercises that will teach you exactly how to achieve financial security for your family. After the workshop, you are expected to go home with a list of action items for your household and a concrete work plan that you can immediately apply.

Here are some questions that you’ll be able to answer after the workshop:

  1. How can I save money if my income is just enough to support my family?
  2. How do I teach my child to be financially smart?
  3. How should I handle family members and relatives who constantly borrow money?
  4. How do I manage my finances so it can support the medical expenses of my aging parents?
  5. How can I invest if I’m too busy working and taking care of my children?
  6. How do I secure the educational needs of my child?
  7. How can I afford my dream house?
  8. How should I prepare for retirement, so I won’t be dependent on my children when I grow old?

About the instructor

Fitz Gerard Villafuerte is a civil engineer who decided to quit the corporate world in 2003 to pursue entrepreneurship.

His blog, entitled, Ready To Be Rich, has already received several recognitions including the Best Business and Finance Blog at the Philippine Blog Awards for two years in a row. Moreover, an international finance publication, Wise Bread, has likewise ranked his website as among the Top 100 Personal Finance blogs in the world. Fitz has also been recognized by Moneysense Magazine as among the top 12 most influential people in Personal Finance in the Philippines.

This workshop will be held on November 9, 2013 (Saturday) from 10am to 4pm. The venue will be at Studio SnR, 3/F Millenium Plaza Building, Meralco Avenue, Ortigas CBD, Pasig City.

Wonderful Discounts for WAHMderful Readers!

Thanks to the awesome team behind this event, we have a special treat for you, my WAHMderful readers! When you register for the Ready To Be Rich: Family Finances Workshop, just enter the referral code: “wahmderful” to get P200 off your registration fee! There’s also an Early Bird Rate if you register before November 2 and a special couple rate of P3000!!! That’s a steal!

To register for the Ready To Be Rich: Family Finances Workshop, just click here. I have a workshop on that day, but I urge you all to attend! Fitz is an amazing financial whiz!

Again, enter the code — wahmderful — to get P200 off your registration fee! Register NOW, just click here.

Can You Maintain a Steady Income as a Work-at-Home Mom? Some Thoughts.

One of the most common concerns of would-be or potential working moms is: “Will I have a steady income as a work at home mom?” As a mom who had a steady income from a job with a monthly salary, I can understand. I know how difficult it is to think of giving up that employee status and security of the monthly income. However, it is possible to make the transition from working girl to work at home woman or mom, and to have a regular stream of income coming in. There just needs to be some kind of “prep time” before you cut ties.

Start slow, at first

One option to consider when you’re starting off is freelancing, especially if you are still at an office-based job. In fact, many moms begin WAHM-ing this way: They opt to do outsourced work with the goal of achieving a regular stream of supplemental income, which can eventually become a full time source of income.
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How to Make More Money: Have a Sideline Job

wahm 8You can start dabbling in the work at home lifestyle, even while you’re still at your old job. How?By finding part-time, home based work, a sideline job, or by starting a business on the side.

Now, you may be asking: “What kind of job can I do on the side?” or “I don’t know what I can do part-time; I don’t even have time for my full-time job.” Well, I’m here to tell you: It can be done. I know, I’ve done it. And several other women I know do it, too.

Here’s how you can make more money on the side, whether you’ve already got a full time job, or you want to make more money while you work from home.

1. Offer a service that will benefit others.

The important thing when finding something to do on the side is this: You don’t need to have the most profound or original idea. You don’t need to have an epiphany about a new product or service; you’ll never get anywhere starting from nothing. [Read more...]