7/23/2009 8:31:15 AM
Impact on Life & Finances
Prior to attaining financial education through Authors as Suze Orman, Robert Kiyosaki, Donald Trump, and many others, I had no idea about where my life was going and I had no idea how to understand my finances.
All I knew was that you need to work to earn money. I am a hard-worker, but I didn't like working in environments where someone was always watching over me and telling me what to do. A few times, my mentality was that I could start work late or anytime I wanted because I worked hard, fast, efficient, and stayed late.
I wanted to be a nurse, but my mom didn't want me to go away for college. She wanted me close to her. I alsowanted to be an entrepreneur, but I didn't know what kind of business-owner. I want to Business College, but I didn't know what to major in. So my mom picked accounting, but I didn't like it because I didn't understand it.
I've worked with a distribution company, a garage door installation company, in food service companies, in the retail industry, in the night club industry, and in various health care fields. I've also tried vaccuum cleaner sales, sales & distribution of MLM products, insurance & financial products sales, communication services sales.
I got married and I was blessed with a husband who wanted to take care of me. We were blessed with a beautiful child. And life was grand because I was content with my blessings. But then...my husband was feeling frustrated because we were not financially going anywhere, thus he challenged me in "wanting more." So as a family, we embarked on opening a home-based business caring for the elderly and disabled. But even with his income as a carpenter and our income from my self-employment, I felt there were still a lot of things missing in our path to financial "independence".
One day, I picked up a book at the bookstore...9 Steps to Financial Freedom by Suze Orman. The first time I started to read her book was the beginning of my financial education. I worked on suggested activities in her workbooks and I applied what I learned. By that knowledge, my husband and I were able to clean up our credit, and understanding the difference between good debt and bad debt, we were establishing good credit history.
The following year, a friend let me read her copy of the book Rich Dad Poor Dad by Robert Kiyosaki. I read all the books in the Rich Dad Series. I yearned for my husband to read the books so we could be on the same page, but he was busy with construction projects, and he told me to go ahead and do what I think was going to help our family. Thus began my business planning by moving from the employee & self-employment quadrant to the business & investment.
Using my financial education, I wanted to renew my accounting & business education by going back to Business College. At the same time, my husband and I took our greatest leap of faith when we purchased our first piece of land. A dream for a carpenter to build his own home, and a dream for a entrepreneur to build & expand her business.