Ready to be Rich: Family Finances Workshop

Successfully managing the family’s finances is crucial to the well-being of the entire family. Attending seminars and workshops can be a big help to achieving this goal.

Manilaworkshops, together with Fitz Villafuerte of Ready to be Rich, will have a re-run of the Ready To Be Rich: Family Finances Workshop on November 9, 2013.

Family Finances

Ready To Be Rich: Family Finances is an innovative workshop that involves hands-on and interactive activities on how attendees can properly manage and balance a family budget, plan for their kids’ education or their parents’ retirement while ensuring that they still have money left to invest for them to achieve their financial goals.

Some of the topics that will be discussed include the zero-based budget system for households, money lessons for kids, personal finance strategies for married couples, sandwich generation survival tips and many others.
Who attends the Ready To Be Rich: Family Finances workshop?

While anyone can join the workshop, it is designed 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
• People who have relatives who depend on them financially
• Newlyweds who would like to know how to become financially independent from their parents.

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.

For the readers of The Mommy Journey, you can use the code TheMommyJourney when you register so that you can get 200 pesos off your registration fee! Register early to get the early bird rates! Click here to register.

The 5 Money Personalities Book Review and Giveaway

When I was first asked to review this book, I was a bit skeptical if it would be an interesting book at all. I am not that interested in discussing money matters between husband and wife but I was quite curious about “money personalities”.

tmc

About The 5 Money Personalities (information from the publisher)
The hidden key to a healthy relationship is not just managing money but understanding how the other approaches money.
Every couple argues about money. It doesn’t matter if you’ve been married for 40 years or dating for 4 months, money touches every decision you make as a couple—from the $5 cup of coffee to the $50,000 car. And when the two of you don’t see eye-to-eye on how much to spend or how much to save, that’s when arguments turn into ugly toxic fights that leave both persons feeling hurt and angry. It’s why money has become the #1 cause of divorce in the U.S. Obviously, something needs to change. The reason this crisis has not been addressed is because it has never been identified, defined, or given a name. Scott and Bethany Palmer, aka “The Money Couple,” have identified and defined this problem and offer concrete solutions to fix it.

Once you know your Money Personality, you can get to the root of money arguments and start really working together. You’ll discover what has an impact on your loved one’s money decisions, and you’ll learn how to talk about money in a way that’s actually fun! You’ll figure out how to put an end to money secrets and lies once and for all.

It’s not just about money management, and it’s definitely not just about overcoming debt. It is a whole new way of living that will change everything in your relationship. Tens of thousands have already been transformed. Are you ready?

The author of this book is Scott & Bethany Palmer or better known as “The Money Couple”. Both  have dedicated their lives to helping other strengthen their relationships with the 5 Money Personalities. With 43 years of combined financial planning experience, they launched “The Money Couple” and are regulars on national TV and radio and speak internationally about love and money. Scott and Bethany enjoy an active lifestyle in Colorado with their two young sons, Cole and Cade.

My thoughts about the book

The book really centers on the 5 Money Personalities more than anything else. It seeks to let the couple understand why each handles money the way they do. They also give practical examples and tips on how to talk to each other to resolve the differences in money personalities. This is not a book about how to handle your finances or what to do with your money but it deals about the relationship between the partners to ensure a peaceful and more cooperative relationship.

I recommend this book  for every couple. It is true that every couple will argue about money, but most often, we all fail to realize that money is not the problem but the way we spend, save or use the money. After reading this book, it allowed me to know myself better too. I now know what to expect of myself when it comes to money. It gives me a more realistic view of my finances and the way I handle the finances. I can watch out for my weaknesses and lean on my strengths. This book also allows couples to deal with their differences and work it out. It gives a step by step process which includes the money huddle, how to stop fighting and how to fight fair.

This book is both a text book and a work book as there are action items which you need to do with your partner at the end of each chapter to greatly benefit from this book. It also works best if both spouses will read the book and willing to work out their differences.

If you want to find out more about this book, check out the following:

 

The book is scheduled to be released by Thomas Nelson this January 2013.  Being a reader of The Mommy Journey, you get a chance to win a copy of this book for free by joining the giveaway at the end of this post! Giveaway starts on January 18 and ends on January 25. Giveaway is open internationally.

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Disclaimer: I received one or more of the products or services mentioned above for free in hope that I would mention it on my blog. Regardless, I only recommend products or services I use personally and believe will be good for my readers. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising”.

 

 

Mommy Moments – Financial Tips

mommy moments

The last quarter of the year has arrived! This month is special to The Mommy Journey because I am celebrating my 3rd blogversary! I am so grateful to all the Mommy Moments participants over the past 3 years so this is my simple way of giving back to my readers! I hope you can join my blogversary giveaway.

Our themes for September are all tips which moms can share with one another. This week we are focusing on finances. Feel free to share any financial tips and even tips on how you teach the value of money to your kids!

My kids are 7 and 4 years old, so here are some ways I teach them about money:

1. Both kids have their own coin bank. This teaches them how to save. They start the year by putting in any money or coins they have received and we open the coin bank by year end to see how much they have saved.

2. At the grocery, I allow my 7 year old to see how much each product costs and compare prices of different brands.

3. We play games like Monopoly or something simple like playing pretend that we are in a market. I give them money with specific amount and they have to buy the items within their budget. This is a big hit!

4. If they want to buy something (like arts and crafts materials or toys), they have to save up for it. This teaches them delayed gratification and how to save up for something.

5. We teach them to store up treasures in heaven as well. Not only to save up  for their own earthly treasures but a part of their savings goes to others. This teaches them to share and to know that money that they earn isn’t meant to be for their own consumption only.

I can’t wait to read your tips. See you at this week’s Mommy Moments!