This post is sponsored my Motivated Mom. As always, all opinions are mine alone.
A few weeks ago, I had the opportunity to serve as an official Ambassador for the Motivated Mom Tour, hosted here at the Hilton Atlanta Perimeter Hotel. The purpose of the tour was simply to empower other motivated moms to be our best selves, to live to plan for our lives and our children’s lives.
Along with some other truly inspirational women and moms, we embarked on a journey toward finding and being our best selves -both personally and professionally- for not only ourselves, but for our respective families. Not surprisingly, I ran into quite a few of my friends from my very first team of motivated moms when I moved to Atlanta from the Mocha Moms Organization, along with some other amazingly awesome women who are truly rocking it in their lives and careers. It was a morning and afternoon well spent with some life lessons to carry us all forward for years to come!
Here are some highlights from the Motivated Mom Tour in Atlanta:
Eyvon Austin, Global Supplier Diversity Director at Coca-Cola, kicked off the tour by sharing some great information about a relatively new global initiative by Coca-Cola called 5by20. You can read all about it in a previous post I wrote about the initiative HERE, but in short, the purpose of the initiative is to empower and equip female entrepreneurs. This global movement has changed the lives of approximately 1.7 million women worldwide and is definitely an inspiration to entrepreneurs here in America as we recognize the strength of economic empowerment in all communities.
Michele Thornton of BET Her and author of StrateChic gave us some truly powerful stuff in there! She shared her own personal testimony of how she finally got the courage to take the reigns on her own life and career, utilizing what she’d already known and working harder than ever to be the best she could be. Her message to us all was to craft our own story and own our own narratives.
Finally, we got to sit in on an incredible panel of women sharing with us some very practical and substantial advice on how we can best take care of ourselves as moms and pass on a financial legacy to our children. The speakers and panelists included the following motivated moms:
- Eyvon Austin, Global Supplier Diversity Director at Coca-Cola | 5by20 Global Initiative Speaker powered by Coca-Cola
- Michele Thornton, BET, SVP | Stratechic Author, General Session Speaker powered by Hilton
- Nicci Gilbert-Daniels | Entertainer | Producer | Founder of NoEgo
- Tiffany “the Budgetnista” Aliche | Finance Educator| Founder of Live Richer
- Valerie Meraz | SVP at Turner Broadcasting
- Dania Santana | Diversity & Inclusion Expert | Mom Blogger
Finally, we were left with some key messages from event sponsor Prudential with some tips for moms to help prepare ourselves financially for our future.
- Teach your kids to be money-smart. Raising money-smart children may start small with just a piggy bank and lead all the way to saving for retirement. Read several personal essays about how kids learned from their parents here. http://bit.ly/1s1HSaV
- Ask for help! Career, family, and other day-in, day-out commitments can consume every minute of your time if you let them. It’s easy to become overwhelmed. So many resources are available to help women remain physically, mentally, and financially fit. The first step is to be willing to accept the help.
- Help your parents manage money as they age
Failing health or simply age-related cognitive decline can make it difficult for elderly family members to handle their own finances. Here are some tips that should set you down the path toward making a difficult time just a little easier. http://bit.ly/2bO1d8I
- Start investing early No matter one’s age, people can have trouble motivating to save for retirement. The most common mistakes that investors often make depend on their life stage—single, newly married, divorced—and certain behaviors can derail even the best intentions. Here are two links that may provide some insight on retirement readiness: http://bit.ly/2r3h9eo and http://bit.ly/2sbIwrc
- Learn how to prioritize for work/life balance
Juggling work and family to reach your goals isn’t easy, but it can be done. Finding dependent childcare or eldercare, requesting a flexible work schedule or asking the family to help around the house are a few ideas.
- Turning Your Passion into a Product
Here are two case studies of individuals who took their passions and turned them into thriving businesses (without startup money). They used life and work experiences to learn how to make their way. Watch The Root video. http://bit.ly/29j8ufw
- Keep track of your financial history to avoid future problems
Your credit report and FICO score tell only part of the story. Do you pay your mortgage or rent on time? Are your medical bills lingering? Many people aren’t aware of where their financial history stands until they attempt to buy a home, take out a business loan or make a major purchase. Don’t let your financial history stand in the way of your future endeavors. Here are some rules of thumb.
- Build an emergency fund Emergencies, accidents, and unforeseen events happen when we least expect them, from health or dental expenses to sudden but necessary car and home repairs. An emergency fund serves as a safety net for those rough times. Here are a few tips on how to balance paying the bills and saving. http://bit.ly/2biCAzw
- Have a Will It’s normal to think that you don’t have financial assets worthy of a will. But wills are about more than that – you should at least have a healthcare directive. Plus, don’t we all have cherished mementos that were perhaps passed down to us? And what about your digital afterlife? Do you want your legacy to live on in cyberspace? Plain and simple, having a will lets you make incredibly important decisions on your own behalf. http://bit.ly/2bFqx2a
- Get a financial professional
So many of us live in the moment… “I’m not going to grow old.” “Why not spend the money I earn? I deserve to pamper myself.” That’s all well and good, until you want to buy a home, start a family or build a new business. Do you have any idea how to fund these ventures? Check out this video. http://bit.ly/29hLQ5Q
Even if you missed this year’s tour, I highly recommend you keep the next one on your radar. Thanks again to Latoyia Dennis of Motivated Mom and Elayna Fernandez of ThePositiveMom.com for allowing me to be a part of such a powerful event!