How To Make Quick Cash When You're In A Pinch.

Let's face it, all of us get into financial trouble from time to time. This could be due to a job change, lost hours, an emergency, or any number of reasons. If you need to make some quick cash when you are in a pinch, there are a couple of ways to do it and in this video, I walk us through a couple of those.

One of the biggest factors to note when you are in financial trouble is to make sure you know what your spending is. So, if you need help with budgeting and getting out of debt, be sure to check out our Course on Budgeting and Debt Elimination - https://www.sentinelcoaching.com/ilmabudget

What do you feel like you should do?

First, we don't like using the word STOP. Instead we use the pause. We suggest pausing investing and have laser focus on getting out of debt.

We don't want you to invest $20 or $100 a month while trying to get out of debt, while trying to save for a holiday, etc. We want you to become debt free. Then have a fully funded emergency fund, and then invest 10-20% of your income which may be $1,000 or more!

What will you decide today? Will you decide to get out of debt?

Be sure to check out the ILMA Budget/Debt Elimination Course: https://www.sentinelcoaching.com/ilmabudget

How much do you think you should have saved for your age?
How do you compare to the Nerd Wallet article? https://www.nerdwallet.com/article/finance/average-net-worth-by-age

Calculate your networth. Net worth = what you own - what you owe 

Be sure to check out the ILMA Budget/Debt Elimination Course: https://www.sentinelcoaching.com/ilmabudget

Overworked? Never feel like you have a weekend? You aren't alone, but that doesn't mean it's okay.

There are a lot of people out there who are overworked, burnt out, burning the candle on both ends, and miserable. Don't be one of these.

If you are having to work every weekend, nights, and way too long of days, something is very wrong with your job, your business, or systems. Start creating that life you WANT. Work when you should work, but stop working when you should stop.

In this video, I address some of the key elements to help you get off that work treadmill and get to living your IDEAL LIFE!

Check out the ILMA Membership to get on the path to Financial Freedom and start living your Ideal Life - https://www.sentinelcoaching.com/ilma

It's hard to even say out loud as financial coaches!  

The reason we are suggesting to not save is that this money is usually sitting there not doing anything. If money is in an account without a purpose, then it usually means that it will disappear. It will be spent on going out to eat, buying more clothes, electronics, etc.  

Save money for a purpose. 

Spend money for a purpose.

Be sure to check out the ILMA Academy to start living your Ideal Life years sooner: https://www.sentinelcoaching.com/ilma

Follow these principles of investing and you will become wealthy! Specifically how I became a millionaire in my 30's and you can too.

Be sure to check out the ILMA Academy to start living your Ideal Life years sooner: https://www.sentinelcoaching.com/ilma

Just because you aren't good with money, numbers, or budgeting, doesn't mean you have to struggle with money. We all know having some kind of money system/budget is better than not. It's really difficult to win without a budget, but what about those who don't like it or aren't good at all the tracking?  

In this video, I talk about a system you can use to simplify your money management so it's a lot less tracking and work. This system is great for beginners or those who don't like budgeting and tracking "everything".  

Bucket system: 
1) Fixed Expenses 
2) Current Month Spending 
3) Future Expenses (Anticipation fund)  

Be sure to check out the ILMA Budget/Debt Elimination Course: https://www.sentinelcoaching.com/ilmabudget

Summary: Have you ever had a bad job? I mean HORRIBLE? If you have been in a toxic work environment and have managed to get out, you know how important it is to recognize it and get out.

But what do you do about replacing that income? Unless you just have a bunch of cash laying around, you can't just quit right?

In this video, I talk about the "right" way to quit and set up your next job if you know you need to get out of your current one.

Be sure to check out the ILMA Membership to learn more about how to live your Ideal Life: https://www.sentinelcoaching.com/ilma

2024 brought amazing opportunities with life, travel, and saving.
Total spend = $80,000
We saved 25% of our income and the question is: was it worth it?

YES, because we were able to do some very cool things. We love traveling and we were able to go overseas multiple times, living in an RV "full time", and invested $20,000 into our future/retirement.

Action steps for you: track and know your income AND expenses!

Be sure to check out the ILMA Academy to start living your Ideal Life years sooner: https://www.sentinelcoaching.com/ilma

Here's how you create your Ideal Life and reach Financial Freedom! ►► Give yourself a 10% raise (or more) without working more hours in the next 30 days. Free Workshop → https://www.sentinelcoaching.com/raise

Don't forget to subscribe to ILMA for weekly content to get you to start living your Ideal Life!!

I'm a big fan of teaching your kids about how money REALLY works. That's why I don't like giving them an allowance. I'm in favor of giving them a Commission...and there is a BIG difference.

In this video, I walk through the differences between an allowance and a commission, and show you how going the commission route is teaching them how money and the real world works. Versus how giving kids an allowance teaches them to treat you like an ATM.

Learn more about how to manage your money well in the Ideal Life & Money Academy: https://www.sentinelcoaching.com/ilma