Monday, August 5, 2019

Excellent Advice from Women Entrepreneurs

Barbara Corcoran is one of my business sheroes.  Seriously, ever since I read her bio Shark Tales more than a couple of years ago, I think of her when things are down.  When women choose someone who inspires them to do better, it's more effective when there is a common ground.

For those who don't know, Barbara built her fortune without a lot of money (it was something like $1K, I think), college, or marrying someone rich.  While she's one of the most prolific, there are many others who are creating their own path to success...even if it strays from the norm or what others may expect.

This Entrepreneur blog post features three women who struck out on their own and give a realistic POV of what really goes down.  When a person starts a business, it takes the ability to balance many factors - family obligations, preexisting money issues, time management and most importantly -- self-care.

Friday, August 2, 2019

Are You Cheap or Frugal?

When I worked in corporate America and found myself dealing with the "office diva".  She made it known to anyone willing to listen that she spent near top dollar for everything on her person...all so that she could sit in the clerical pool with the rest of us cheap-ass peasants.  She once found it amusing that I chose to brown bag it instead of being seen at the numerous food franchises nearby.  Yeah right, lose money and gain more salt, sugar, high-fructose corn syrup, and animal oil in my diet.

So while munching on my instant brown rice and salsa (don't knock it 'til you try it), l slowly figured that my frugal living allowed me many freedoms this person didn't have.  For one, I wasn't trapped by my job and didn't have to sacrifice my principles.  When it was time for me to go, I was able to give myself a nice little vacay from the office and begin writing part-time.

Never Flip Backwards
Fast forward a couple of decades, I still use some of the same principles but have learned more about what to do with savings.  Starting a business is good for those with the stomach for it or investing can be a good idea.  However, long after leaving that job, I began to fall into the "cheapness" trap.