Investor Mama

By Jen NarcisoBusiness Education Investing

Investor Mama episodes

December 17, 202017 | From Homeless to Real Estate Investor | Jasmine Paul
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Bio
Jasmine is the host of the Find & Sustain Podcast, where she aids leaders in finding the truth and sustaining purpose. She graduated with a Bachelor’s in Communications from High Point University and a Master’s in Entrepreneurship from Oklahoma State University. She is pursuing a Doctorate of Ministry and is a full-time government budget and policy officer.
When she’s not executing multi-million dollar budgets, she’s teaching financial stewardship curriculum to organizations and individual clients. After purchasing her first house at 23 and paying back $37,500 in student loans by the age of 24 and buying a rental property shortly thereafter, she realized her niche for creative financial wellness. In 2014 she launched a financial training program that has eliminated over $188,000 student loan debt for 38 clients.
In and out of uniform, Jasmine continues to speak to young people about passion, purpose, and development. She wants to be the voice to those who think they may not have one. “Don’t let anyone stop your greatness, God created you for such a time as this.” She truly believes, she can and will do ALL things through Christ who strengthens her.
Tips for Investing Out of State
I use Cozy.co, which is a property management software to screen my tenants and to input my lease.
I use EZ Landlord Forms to create my lease. I also use lawyers to make sure that my lease adheres to state landlord-tenant law.
I had a separate business account, to keep my personal and business finances separate. At the end of the year, I had my accountant look over all of my expenses to make sure they make sense and that I’m paying my taxes accordingly.
I’m learning that I can’t do it all excellent., and that’s what I want to do. I want to be excellent in every business venture in my job, my career, and to be excellent, there are things that I have to take off my plate and be willing to give to someone else. I believe that me going through that not-so-great experience with the first property manager and doing property management myself for the last three years, I’ve been able to establish a baseline where I know what to look for in a property manager. I now give them my expectations upfront and say this is what I am willing to accept, and this is what I won’t accept. I expect you in this relationship, in this partnership to agree with me, and if you’re not, then I need to find somebody else.
I’ve learned that the contract with a property manager is very important. You need to spell out everything that you desire in the contract so you are both 100% clear of expectations and are on the same page.
I also learned that some property managers don’t inspect the property as often as I thought it should be inspected. Some inspect a lot more and in addition to maintenance visits, inspect the property quarterly. However, what people desire is a place that’s not a rental, that they desire a home. They desire a safe place for their family. So if you’re constantly doing quarterly checkups, it’s more likely that they won’t want to live there. It won’t feel like home since someone is constantly checking up on you. While managing the property myself, I learned that the maintenance visit versus the quarterly inspection is much better and had less turnover.
The tenant vetting process, in the beginning, is extremely important. That’s where you can see where people are at so if you have someone difficult in the beginning, they’re probably going to be difficult in the process and shouldn’t choose them.
One of the hardest parts of out of state investing is showing the home. To overcome this I did two things
I hired someone who does real estate photography to take professional photos and had a strong description when listing the property for rent.
I hired a Millie Scout (resources for a military professional), which is someone who is a military spouse in your local area that will go out and inspect a property for you to help you find a home. They can make sure the property is up-to-date, take pictures/video tour for you, and show a property for you. It’s a contracted service.

Lightning Round
1. What is one fun fact about you that not that many people know?
I know how to speak Arabic, Japanese, and Dari

2. Who inspires you the most and why?
My mom. She is truly an inspiration. Just her story of coming to America and making a life for herself, joining the military, having other jobs. She worked three jobs when she was raising me. It was so encouraging to see her passion and her will to want to help people. She is truly passionate about bringing the best out of people and that’s something that I love about her and that’s something that I feel I want to continue her legacy. Making sure that I’m not only being my best, but I’m able to bring out the best in others. I think that that’s so important. She’s amazing, she doesn’t even know it. if I can be just half of the woman that she is when I’m her age, that would be a blessing.

3. What books are you reading now or have read and loved that you’d recommend?
Master of One: Find and Focus on the Work You Were Created to Do by Jordan Raynor

4. What is one actionable tip or piece of advice that you can tell our moms out there to help them on their financial independence journey?
Just go for it! I think we spend a lot of time listening to podcasts, researching, etc. While it’s necessary. to be aware of what’s going on and know what you’re getting into, what you qualify for, the market, the structure of the home, and all the other things around buying an investment, as a 29 year old looking back when I was 23, I did not have any of the technology that we have now. Some calculators will calculate a great deal for you, there are Zillow and Redfin and all these different apps that will help you out. I didn’t have all that information.
I had a dream to not be homeless and to get out of debt. I went after it, by any means necessary. Of course, legally, morally, and ethically, but it was by any means necessary. I was hungry to do it. And so I challenge people out there to write their goals down, and really understand what they are trying to do in the next two months, in the next six months, the next year?
What is it that they really want to do? They talk about smart goals, specific, measurable, attainable, realistic time-specific, make that smart goal, and then go after it. So often we have these vision boards and we really want to do things. For instance, it would be awesome to go to South Africa Well, if you want to go to South Africa, then make a plan, write it down, hang that, plan up somewhere in your house and then do it.
If something does happen, cause life happens, be okay with the changes, and adjust accordingly. but I feel I want to tell somebody to just go after it, whatever dream that is. My dream was to write a book, that was my absolute biggest dream ever. Now, I’m able to see that dream actually come to life. It took about seven years. It took a while to get to the end product, But, it was a goal of mine. I mean, on every goal for, the New Year, every goal plan that I had, writing a book was one of them.
The last thing I want to leave your guests is one of my great friends, who is an entrepreneur taught me. She taught me is to speak your goals as if it’s already here. What I mean by that is when I was writing my book, she said you need to tell people you’re an author. I thought, no, no, the book’s not done. She said, “No, no, you need to tell people you’re an author so that people will see that gift inside of you and start asking you questions about your project. It will help you gain more confidence.”
I remember I went to a conference and I told people I was an author and they were like, “Oh my God, what’s your book about, we have to hear about the book what’s connected.” I met publishers. I met people who owned bookstores. If you’re an investor or an up and coming investor, as I said before, jump in, just do it. But if you’re still on that fence, start telling people you’re an investor. I bet you, you will have people who are looking to put their money somewhere and maybe you’re that conduit to seal the deal. It’s been successful in my life.
Additional Resources
Check out Jasmine’s new book! In her book, Set Your Truth Free: A Twenty Somethings Guide to Living A Truth-Filled Life, Jasmine empowers the reader to regain their power back and introduces innovative ideas like house hacking, living under their means, dating above the standard, the promotion of self-care, financial planning, faith, and more. This book will challenge, embrace, and develop the reader’s search for finding their truth. This book centers around a millennial struggle with finances, dating, insecurities, faith, homelessness, brokenness, shame, self-care, mentors, and more.
The best holiday gift to get your kids this year!
Connect with Jasmine
Find and Sustain Podcast
Email
Instagram
Facebook Group
51 min
December 03, 202016| Wholesaling Mamas | Savvy Virtual Solutions
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Looking for ways to boost your income? Check out these resources to help you with your money journey.
Savvy’s Key Tips for Success
We’ve been successful but anyone can do it. You just have to step out and believe in yourself. You have to sit down, make a plan, and know how much you’re willing to do. But it’s definitely achievable. It’s definitely doable. Find a team, network, and use everyone’s expertise to grow and scale to achieve your goals.
Don’t just make small plans. Make bigger plans because it allows your imagination to grow into all the steps you need to take in your life to make a change.
If you’re in relationships with someone, that person needs to understand what your foal is. If they can’t respect it, you might need to revaluate that relationship, because not everybody can go where you grow.
How To Find Deals in This Market
There are so many ways to find motivated sellers. You can pull address lists based on the criteria for your buyer.
I call that reverse prospecting, So you have conversations with your buyer to understand exactly what they’re looking for you. Then, take that information to then run an analysis on the area and before you go into any area, you need to understand that area, but then you can pull a list of people who may be absentee owners or who have tax lanes.
You can send letters, text messages, or you can do cold calls to those people. All methods work. It’s just a manner of being consistent. You can go knock on doors, you can drive for dollars which is driving around neighborhoods and looking for properties that are obviously distressed. They may have boarded-up windows, overgrown grass, overflowing mail, etc. That’s your vacant property. Give them a call and see what’s going on and reach out to the neighbors they usually know what’s going on with the property. They usually tell you everything.
Lightning Round
1. What is one fun fact about you that not that many people know?
Sonya: I love adult coloring books
Jazmine: I lived in Egypt for five years, and I used to speak fluent Arabic.
Torena: When I was in the US army, I was missing action in Thailand. I had appendicitis and was in the hospital. No one knew where I was living so my name is in the White House somewhere.

2. Who inspires you the most and why?
Sonya: I would have to say Napoleon Hill because he wrote Think and Grow Rich.
Jazmine: It’s not a person but the journey itself. It has given us so much respect and admiration and gratitude and, understanding. I believe that in order for me to grow, I’ve got to reflect on the things that I’ve done in the past. I can not make those same mistakes or errors that I did.
Torena: My mom. Every year. my siblings and I take a moment to share with her what has happened in our lives over that year and what our mother did to influence us or help us through it to encourage her. It’s our way to give back to her other than Mother’s Day. I encourage everyone to do that too. Not just your mom, but anybody who’s been influential in your life. Not only let them know how great they are but share an example of something that happened in your life this year and what they instilled in you to help you get through it. Share how you are a better person because of them.

3. What books are you reading now or have read and loved that you’d recommend?
Sonya: If You Can’t Wholesale After This: I’ve Got Nothing For You by Todd Fleming
Jazmine: Frequency: The Power of Personal Vibration by Penney Pierce
Torena: Think and Grow Rich by Napolean Hill

4. What is one actionable tip or piece of advice that you can tell our moms out there to help them on their financial independence journey?
Sonya: Get off your butt and do something. Get up and do it. It’s not going to come to you. Put yourself first and collect your coin period.
Jazmine: I’m going to give you some multi-million dollar advice for free. You will not achieve this thing until you understand what you’re willing to sacrifice and what you’re willing to risk and in sacrifice and risk, it gets really uncomfortable. It’s so uncomfortable, it’s so frustrating, sometimes you might throw some stuff. You might need to go scream a place. You’re not only going to get uncomfortable, but you’re also going to live in it. You’re going to sit in that thing and you’re going to feel it. It’s going to be a test to see how badly you truly want it. The harder that test and the more you want to give up, the bigger that return is on the other side.
Torena: Make sure you protect your assets so you don’t have to worry about it later. Check out Mr. Land Trust to learn more on how to protect your real estate and other assets.
Additional Resources
If You Can’t Wholesale After This: I’ve Got Nothing For You by Todd Fleming
Meetup.com for networking
Find a mentor at Score

Connect with Savvy Virtual Solutions
Sonya’s Email
Facebook Group
Facebook Page
Riches are in the Nitches
1 hr 18 min
November 12, 202015| What's Your Money Story? | Monica Rivera
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Looking for ways to boost your income? Check out these resources to help you with your money journey.
Monica’s Bio
Monica Rivera, is a first-generation Latina from NYC who is a marketing professional by day and podcaster by passion. After 15 years in Corporate America, she was feeling stuck. She devoured self-help books and watched dozens of TED Talks looking for an answer, but every time an expert encouraged her to “follow her passion,” she felt worse.
A self-proclaimed multi-potentialiate (just a fancy word for someone who has many interests), She used to think something must be wrong with her because she couldn’t settle on ONE thing.
She created and launched the weekly podcast, YOU WANNA DO WHAT?! in 2017 after deciding that NO ONE is just one thing. We are layered and complex and fickle and creative. We are full of dreams, ideas, and goals. For years she had lost sight of mine, but now she wants to help others reconnect to the life they want.

Monica’s Questions to Help You Uncover Your Money Story
What’s your first memory of money?
Did your family talk openly about money?
Was it looked down upon to bring up the topic at all?
What lessons can you remember learning from your parents or the people who raised you about money?
What language did they use?
What did the energy feel like whenever money was addressed?
Did it feel casual and lighthearted or did the energy shift and feel tense?
What do you believe about earning money?
Do you earn money to pay bills?
Do you believe there is a ceiling on how much money you can make?
What do you believe about earning money?
What dollar amount makes you think, Woah, that’s a lot of money?
What do you believe about rich people?
Are you one yourself?
Do you admire someone who’s wealthy?
Are you resentful or skeptical?

Lightning Round
1. What is one fun fact about you that not that many people know?
I visited 48 of the 50 States all by car. I’m only missing Hawai and Alaska.

2. Who inspires you the most and why?
Oprah inspires me the most. When I was a teenager, I lost my parents and I’m also an only child. Growing up, especially at that age, being a teenager where it’s really tender and you’re sort of looking for any guidance. At four o’clock on ABC Oprah was there five days a week and I really needed that consistency in my life. At the time, she was someone who was older, wiser and was a person of color. She was a really important grounding person for me that was providing lessons and life stories at a time when I didn’t have anyone else to do that.

3. What books are you reading now or have read and loved that you’d recommend?
Everything is Figureoutable by Marie Forlio
The Fire Next Time by James Baldwin

4. What is one actionable tip or piece of advice that you can tell our moms out there to help them on their financial independence journey?
Don’t hide away from the truth. The truth can be scary and it can feel like crap to confront it. But I say this pretty much about everything don’t go around the problem, go through the problem. If there’s something that you are trying to figure out or something that feels unbearable, you have to go through it because I promise you, it will keep coming up again and again and again until you get the lesson or the solution out of it.
As soon as you can connect where you are and be honest with yourself, you’ll get to the other side a lot faster. I spent a lot of time just in other areas of my life, where I just thought this will all work out and I’ll just cover my eyes and keep driving blindly through the fog. That is not a good idea. I would say if you’re in this place right now, if any of our conversations today resonated with you, it’s probably because you have some work to do. Don’t be afraid of the work because I guarantee you coming on the other side, is going to feel pretty awesome.
Connect with Maria
YOU WANNA DO WHAT Podcast
Monica’s TEDx Talk, “The Flipside of Loneliness”
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Wins of the Week
Visiting or living in the Nashville area? Check out 2020’s Travelers’ Choice award winner and Best Food Tour, A Little Local Flavor
Check out Facial Reality and Spa. They were 100% service-based and have transitioned to 50% service and 50% product-based.
42 min
October 29, 202014| Mom on the Go | Maria Friström
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Need to boost your income? Check out these resources to build your skillsets and grow your wealth.
Maria’s Bio
In search of balance and financial freedom, Maria left a life of eating out, catwalks, and a killer job in Silicon Valley for a life of Dickies and tool belts; DIY-rehabbing, and renting apartments in Helsinki, Finland. And she loves it.
Maria founded a real estate investing company in Finland in 2018 in which she now works full-time as the CEO focusing on buy-and-hold rental apartments using the BRRRR strategy. She believes tenants have the right to live in a wonderful home they love which is why she designs the apartments individually adding some pizazz.
When she’s not busy keeping her two toddlers from eating paint or piercing each other with power tools, she loves running and laughing and inspiring others to act even though they’re scared.
Maria has written the following articles:
The Crazy Journey to My First 8 Rentals: Numbers, Pics & Lessons (All the Nitty Gritty!)
If I Can Buy 7 Rentals While Jobless, Pregnant, & Raising an 8-Month-Old, You Can Too!
5 Serious Questions to Ask Yourself Before Partnering With Family Members
Maria is also featured in the brand new book: The Only Woman in the Room: Knowledge and Inspiration from 20 Women Real Estate Investors by Ashley Wilson
Maria’s Tips
How do you balance work and family?
Before I answer that, I have to say I didn’t do everything all by myself. Cause that’s important for other moms to know that I did get help, but I was the driver. So yeah. Thank you for your kind words. The balance, I actually want to respond to and say I don’t think the pressure that comes from trying to balance it all. It just adds another thing to the list we end up not doing. I have given myself permission to say, I don’t have to balance it all.
It all comes down to focus. I have chosen a lot of things that I don’t do. I stopped watching TV, which is one thing that I gave up and I don’t shower as much as I would like.
If you want to go after your goals and really provide the life you want for your family, some things have to fall off the wagon and that’s okay.
Episode #14: Mom on the Go with Maria Friström
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Or like, what are you willing to do to make that happen?
What strategies do you use to be present with your kids and family?
This is hard. I’m not the best at this, which is, why I, try to work on it a little better. Time blocks are one that has helped me. Before I start my day, I choose one thing to focus on business-wise to get done. Only one thing, not three, one, just the one. I then physically write down into a calendar.
Are you teaching your kids anything about personal finance, or are you incorporating them into your real estate business?
Oh, yeah, totally. I even talk to them about compound interest. I try to teach them about delayed satisfaction i.e. you can have five candies now, but if you wait a little longer you can have more. That type of thing.

What do you struggle with most as being a mom and trying to optimize your journey to financial independence, financial freedom?
I think I struggle with, creating another wheel for myself. I talked about this a little bit in the previous episode. Not enjoying the things that I’ve already created. I think it was a friend of mine who pointed out, “Maria, why are you running so fast? Why don’t you just pause a little bit and enjoy everything that you already have?” I think I’m still being too hard on myself, not ever feeling that I’m good enough, and I think that I’m always having this mom guilt. Not feeling like I’m enough as a mom or always feel like I still have to prove myself business-wise. But, it’s also what drives me. Achiever is one of my strengths, but it also becomes an Achilles heel.
Connect with Maria
Instagram
Linked In
Bigger Pockets

Additional Resources
12 Rules for Life: An Antidote to Chaos by Jordan Peterson
The AIM Cast Podcast
16 min
October 12, 202013| Real Estate Investing to Real Life | Maria Fristrom
Connect with the Investor Mama Tribe
Need to boost your income? Check out these resources to increase your skill sets and grow your wealth!
Maria’s Bio
In search of balance and financial freedom, Maria left a life of eating out, catwalks, and a killer job in Silicon Valley for a life of Dickies and tool belts; DIY-rehabbing, and renting apartments in Helsinki, Finland. And she loves it.
Maria founded a real estate investing company in Finland in 2018 in which she now works full-time as the CEO focusing on buy-and-hold rental apartments using the BRRRR strategy. She believes tenants have the right to live in a wonderful home they love which is why she designs the apartments individually adding some pizazz.
When she’s not busy keeping her two toddlers from eating paint or piercing each other with power tools, she loves running and laughing and inspiring others to act even though they’re scared.
Maria has written the following articles:
The Crazy Journey to My First 8 Rentals: Numbers, Pics & Lessons (All the Nitty Gritty!)
If I Can Buy 7 Rentals While Jobless, Pregnant, & Raising an 8-Month-Old, You Can Too!
5 Serious Questions to Ask Yourself Before Partnering With Family Members
Maria is also featured in the brand new book: The Only Woman in the Room: Knowledge and Inspiration from 20 Women Real Estate Investors by Ashley Wilson
Maria’s Real Estate and Life Tips
If you don’t know how to do something, find somebody, who does and can show you the results. Then model them.
Rock stars know rock stars, so when building a team find one rockstar first and they will lead you to the rest.
Don’t focus on what you don’t have, focus on what you do have. In real estate, there are three things you need, knowledge, time/hustle, and money. Focus on your strengths, what you can offer, and find others who have what you don’t have. I.e If you have time and knowledge, find someone with money.
Bring value to people first. What can I give to others v.s what can I get from others?
Better to be in the with an okay deal than waiting on the sides for the perfect deal.
Don’t compare you chapter one to someone else’s chapter 20. You don’t know how far they have worked to get to this point. All of us have different things in our past that’s happened. We can’t control that but we can control our actions and our thoughts.
Be normal. Find someone else’s pain point and solve it for them to help you get a deal.
I was supposed to leave my dream job for my dream life.
Purpose fuels persistence so find your purpose.
Before buying a property, identify your goal, that will help you figure out your best strategy, that will lead you to your buying criteria. Then you will know if you have a good deal or not.
To expedite her wealth-building journey Maria focused on her velocity of money by using the BRRRR method. Buy, Rehab, Rent, Refinance, and Repeat.
Find your strengths and focus on that. You will become purposeful doing the things that you’re meant to do because that will come the easiest to you. That will give you the most energy.
Live your life as if you already died.

Lightning Round
1. What is one fun fact about you that not that many people know?
I can put both my feet behind my head at the same time.

2. Who inspires you the most and why?
My best friend Lena because she pushes me to be myself because I do things a bit differently when it comes to, the rental site. I put extra love and attention into each unit and use different colors unlike anybody else. She’s been inspiring and very concrete when it comes to interior decoration, but also when it comes to life. For her, it’s all about creating a life and a home that you love.

3. What books are you reading now or have read and loved that you’d recommend?
The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph by Ryan Holiday

4. What is one actionable tip or piece of advice that you can tell our moms out there to help them on their financial independence journey?
Find your strength because typically when you know what you’re good at, that’s what’s going to energize you. That’s what you should be focusing on. That’s going to help you find your why and your purpose. That will then fuel your persistence to keep going when times get tough. So take The Strengths Finder 2.0 tests.
Connect with Maria
Instagram
Linked In
Bigger Pockets

Additional Resources
Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple by David Green
The AIM Cast Podcast
Strengths Finder 2.0: A New and Upgraded Edition of the Online Test from Gallup’s Now, Discover Your Strengths
The Subtle Art of Not Giving a F*ck: A Counterintuitive Approach to Living a Good Life by Mark Manson
58 min
October 01, 2020 12 | Can You Reach Financial Independence with Kids?
In today’s episode, I dive into the 4 reasons why someone wouldn’t be able to reach financial independence and how we can overcome them together as a community. The reasons are

* Lack of education
* Lack of resources
* Lack of support
* Lack of belief

Resources

* Mint
* Personal Capital
* Side Hustles
* Join the Investor Mama Tribe!

18 min
September 24, 202012 | Mom on the Go with Dawn Casey-Rowe
Show Notes
Connect with the Investor Mama Tribe

Dawn’s Bio
Dawn is an author, former educator, and sustainability nut living in rural Rhode Island. She is a mom has two dogs, eleven chickens, and one goal: to grow her own food and get (mostly) off the grid—while still having high-speed internet.
She’s worked in insurance, restaurants, retail, taught martial arts, worked at a famous music library, run the art department at day camp, and supersized fries. Dawn failed out of music school, fired herself from her own company to teach, then ended up working for a Silicon Valley startup by accident, asking, “Startup what?”
Dawn has written for or been featured in EdTech Digest, Edutopia, EdSurge, US News and World Report Money, EdTech Review India, ConversationEd, TeachThought, NPR, Edweek, Quartz, and several other places, both in and out of education.
Dawn also wrote books:
A Broke Teacher’s Guide to Success: How to Build Your Dreams on Teacher Pay
Don’t Sniff the Glue: A Teacher’s Misadventures in Education Reform
Connect with Dawn
[email protected]
https://broketeacher.com
https://twitter.com/runningdmc
https://www.instagram.com/runningdmc/
Dawn’s Last Appearance on the Investor Mama Podcast
Episode #8: A Teacher’s Story from Passion to Accidental Entrepreneur with Dawn Casey-Rowe
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14 min
September 17, 202011 | A Teacher's Story from Passion to Accidental Entrepreneur | Dawn Casey-Rowe
Show Notes

Connect with the Investor Mama Tribe

Dawn’s Bio

Dawn is an author, former educator, and sustainability nut living in rural Rhode Island. She is a mom has two dogs, eleven chickens, and one goal: to grow her own food and get (mostly) off the grid—while still having high-speed internet.
She’s worked in insurance, restaurants, retail, taught martial arts, worked at a famous music library, run the art department at day camp, and supersized fries. Dawn failed out of music school, fired herself from her own company to teach, then ended up working for a Silicon Valley startup by accident, asking, “Startup what?”
Dawn has written for or been featured in EdTech Digest, Edutopia, EdSurge, US News and World Report Money, EdTech Review India, ConversationEd, TeachThought, NPR, Edweek, Quartz, and several other places, both in and out of education.
Dawn also wrote books:
A Broke Teacher’s Guide to Success: How to Build Your Dreams on Teacher Pay
Don’t Sniff the Glue: A Teacher’s Misadventures in Education Reform

Problem with Teacher’s Pay

There is a mindset issue because teacher’s in well off regions struggle just as much in those of low paying regions. Teachers would go in and they would spend a great percentage of their, their paycheck on their job. And. You could say that police officers do this, or nurses do this, or there are other service careers where people are big givers and they’ll help out the community.

But in general, you work because you need to get a paycheck and then you take that paycheck and you save and you pay your bills or you, you set some goals and achieve them. Right. And so in teaching you. You don’t, you juggle your grocery bill or cut out you need, because you just spent that money on the back to school sales and this is it’s all pervasive.

And so when I started to realize that this was a trend at a mindset and it’s not sustainable. it was. To me, I never would have realized that I would have continued doing this for a million year career. but we had business downturns and at one point my husband lost a salary with a business.

But teaching, I was still spending, I remember getting a stipend for a decent amount of money, but I spent twice as much buying the kids’ junk food and snacks and helping them out and buying pencils.

So, it’s not the solution, and when I started realizing, well, you can’t do that. I put a no spend policy in my classroom. and when you do that as a teacher, two things happen, one, you stop spending. So that’s a positive, a good thing, but two, you immediately become greedy because no teacher doesn’t spend on their classroom.

I’ve had this argument in public spheres because I write it I’m out there and I speak and people will say things, well, if you aren’t willing to give a kid a pencil, you shouldn’t be teaching. And I will say something back , well, geez, I’m wondering if you’ve considered that I’ve had anywhere from 180 students a year to 256 at a high, every one of whom seems to need a pencil.

Where do Teachers Get the Mindset that They Need to Subsidize their Class?

I think it’s the type of people who become teachers quite often. I mean, if you look at people who become teachers, no one goes into teaching because it’s a high paid career career with a lot of us.

How to Shift Professional Gears

Step 1: Assess where you are at by identifying your skill sets and what you gravitate towards. If you aren’t sure what your skill sets are, ask friends, family workers, anyone that knows you.

Step 2: Figure out where you want to go next, visualize it

Step 3: Ask yourself what that person would do to get there

Step 4: Monetize it. Think about the value are providing and how much money it will save that person or increase their revenue. Think about if you were to do this for somebody else, how much would other people charge and do a little bit of research or speak with others

One Liners to Help You Monetize Your Skill Sets
Sure, I’ll do that for you, here are my rates
I’m really interested in that. That sounds great. If you want to send me a quick email with some bullets, I’ll be able to go over my rates and put something together for you.
This is what my rates usually are (or this is how much I typically charge) but let me check my schedule and see what my booking availability is
Great, here’s my friends and family rate for doing something like this

Sometimes you have to cut a client loose or say: This is an unproductive use of my time, or we’re not on the same page, or I can finish this up for you, but it’s going to take me an extra eight hours which will cost $X. Is that okay with you?

Lightning Round

1. What is one fun fact about you that not that many people know?

I applied for MTV Real World during the early seasons

2. Who inspires you the most and why?

There are so many people out there doing amazing things. I know that when I was teaching, I would have told you my students, which sounds like a canned answer, but I’ve got kids out there building their companies and doing their thing.

I am most grateful to my friend for starting me on this journey to my friend Kamal Ravikant. That’s a space of gratitude, but inspiring wise, I think everybody that I look at, I want to look at what’s the quality in them.

That’s that makes them so great that I want to take that one kernel from them. I just think that so many people have that quality that if you stop and look and learn from everybody, that you can be equally inspired by people. So every conversation I feel inspiration, walking away from normal people like me.

3. What books are you reading now or have read and loved that you’d recommend?

I’m always reading something to help or make me a little bit better. I read a lot of food books too and food history books. I just love them. I’ve got some homesteading books on my stuff. I could totally go off all day with different categories of books that I’ve loved.

4. What is one actionable tip or piece of advice that you can tell our moms out there to help them on their financial independence journey?

I would say is carve out that time for you, make it a date with yourself, even a commitment. Take action everyday, even small action. If you want to be a writer, then there’s nothing stopping you from being a writer. You need to write. For me, I got up at four in the morning. I wrote from four to six, I’d go to school. I teach all day. Then I’d come back and I’d work. my jobs that I was working at the time. So, when people would say, I wish I could do it what you do. I say you can, do whatever you want to do, if you want a new career, if you want to just a freelance on the side, if you want to improve in some skill. Then you need to do it and you, need to do it every day because in three, four, five, six months, you’ll be able to look back and feel a totally different person.

That’s my experience. I’ve learned my last few endeavors and careers by having smart friends; following smart friends; cutting out the, things that weren’t productive, things that weren’t helpful, people that weren’t helpful; and just putting myself in a circle. The people who really wanted to do great things.

In the beginning, I didn’t know that was a circle I was in. I just said, wow, this is really cool. Sure. I’ll help you. I’ll do this. I’ll do that, but that turns out to be the secret. The secret is if you want to learn something, go learn it and then try it. Maybe it works. Maybe it doesn’t.

I mean, I’ve got a whole bunch of ugly websites out there and I keep trying to make them prettier and, you just keep doing it and then you say, well, wait a minute. If I want to do this for real, how do I do that? What would the next step be?

Well, if I want this to be my job, how would I get somebody to pay me for this? Or how would I make a dollar on that website? Or how would I, consult and not have it be a favor? Every time you do something, you take that one step to get to the next thing, but you take a step every single day.

Connect with Dawn

[email protected]
About
https://broketeacher.com
https://twitter.com/runningdmc
https://www.instagram.com/runningdmc/

Additional Resources

I will Teach You To be Rich by Ramit Sethi

Show Partner

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1 hr 16 min
September 10, 2020 10 | Community Corner: Wins, MLMs, and Paying off Debt vs. Investing

Show Notes

In today’s episode, I do something a little different. Typically I do interview-style format with guests, but I’ve been loving all the great questions and comments and feedback from youth, the listeners, the audience that I wanted to take a moment and actually stop and reflect.
Today’s episode is called Community Corner. I wanted to share some of the wins from the community and some of the questions that I’ve received. I’m going to spend some time devoted to you, and I’d like to start doing this more often. If you do have a question, or if you have a question follow up from one of the guests that you’ve heard, or you have just a win of the week, please share it. Go to investormama.com/connect. I really want to hear from you. I’m not just saying that I want to create a community, a tribe, for people who want to get out of debt, who want to create wealth for their families, generational wealth who want to get out of the rat race who want more and more time or money, whatever that looks like for you and your family. And if it’s just you, why not have more options, have more flexibility with your schedule.
I’m really excited about it. I’m really passionate about this. So anything you want to share, please go to investormama.com/connect, and I’ll bring it onto the show.

Today’s Episode Format
1. Community win from Nircia
2. A discussion on MLMs (multi-level marketing businesses) from Laura
3. Question from Janire on whether she should pay off her car loan or start investing instead

Additional Resources
How we Save an Extra $1k in a month

Show Partner
Learn how to make money on the side by becoming a Pinterest Virtual Assistant. Join the Free Pinterest VA Pop Up Community to learn how to launch a business, land a client, and connect with an amazing community.
22 min
September 01, 2020 9 | Mom on the Go | Samantha Barkley

Show Notes
Connect with the Investor Mama Tribe

On this week’s episode, I interview Samantha Barkley. Samantha is a mom and blogger of A Mom Around Town. It is a personal finance blog for women. You can check it out here.
Bio
Samantha Barkley, founder of A Mom Around Town, is an engineer by day and a mom blogging, resource finding, motivation junkie by night. A Mom Around Town helps moms navigate through pregnancy and parenting to find peace among the chaos of mom life. Her own experiences with a newborn left her needing help finding breastfeeding support, sleep guidance, and someone to have coffee with on a Tuesday morning! She created A Mom Around Town to help other moms find confidence in themselves and the best health, wellness, and parenting resources to help them get there.
She loves doing anything active outdoors, is completely not stylish, and always has a song stuck in her head.
Mom Tips
1. Take a night to yourself each week

If you have a partner, each of you picks a day of the week to make your own. This way you get your own time by yourself, and then you each get your own time with the kids. I think as moms, we often we lose a piece of ourselves almost because we’re so dedicated to our family that we don’t get time for ourselves. One of the ways I strike a balance is my husband and I, we each get a night.
My nights are Tuesday and his nights are Thursday. On Tuesdays for my night, he picks up from daycare, does dinner, bedtime so that I have no home responsibilities for the night. It’s my opportunity to do what I want whether it’s a girls night, or time to work on my business I’m just focused on my stuff.

2. When with your kids, be present with them and not technology

It’s okay not to focus on your child 24/7 but when you are with them be present. Wait to use your phone or computer when it’s their time.

3. Be kind to yourself

There is so much pressure being a mom and doing everything right. There always seems like a different rule depending on who you talk too. That can be overwhelming and can be really, Kind of a continual confidence, deflator.

4. Teach your child, just because I want something doesn’t mean I buy it right now

We set the example when we shop with our kids. If we buy whatever we want, they see that. We have to maybe put a plan in place to be able to buy something. This is the list that we’ve made. This is what we’re going to get today instead. I’m working on modeling that I work towards something or I put in the energy to be able to earn it.

Connect with Samantha
Facebook
Linked In
Instagram
Samantha’s Resources
To Done List Handbook
The Happiness Guide
Additional Resources
Influential Motherhood Podcast Episode: Minimalism + What “Enough” Looks Like with Miranda
Show Partner
Learn how to make money on the side by becoming a Pinterest Virtual Assistant. Join the Free Pinterest VA Pop Up Community to learn how to launch a business, land a client, and connect with an amazing community
14 min

About Investor Mama

From the publisher's feed

Welcome to The Investor Mama Podcast- money conversations with a mom’s touch. Your host Jen Narciso, interviews amazing guests each week to help educate, inspire, and motivate you on your own…