Dare to inspire

noreply@blogger.com (Unknown) — Wed, 15 Dec 2010 17:41:00 +0000

Greetings Everyone,

It's been awhile since I've been on Blogspot. I encourage each of you to visit me at www.FabulousandMoneySavvy.com for daily blog posts.

I created the blog to discuss personal development that will forever change your life. I love talking and writing about everything especially how to be Fabulous & Money Savvy ™.

It’s important to write from a professional point of view and give you solutions to address your problems. A blueprint to eradicate liabilities is great for many, but changing your behavior for improved results will get you closer to your goals.

Be inspired,

Bahiyah Shabazz

Staycation Vacation

noreply@blogger.com (Unknown) — Thu, 13 May 2010 19:44:00 +0000

Fabulous & Money Savvy gives you the tools for financial empowerment. A staycation vacation is feasible to have a successful Memorial Day weekend. Have fun and live within a budget.

Be inspired,

Bahiyah Shabazz

SMG, LLC

noreply@blogger.com (Unknown) — Sat, 08 May 2010 05:12:00 +0000

Be inspired,Bahiyah Shabazz

For a worthy cause

noreply@blogger.com (Unknown) — Sun, 25 Apr 2010 22:00:00 +0000

Nine years ago, my husband and I were blessed with a beautiful boy. We couldn't wait for the day to arrive when we were able to welcome him into the world. To our surprise, he was ready to come quicker than we expected.

Our son was born at exactly 20 weeks. He weighed in at a remarkable 1lb 6oz. We were excited to hear his first cry especially since I was bed ridden for 6 weeks. Can you imagine your water breaking at 3 1/2 months? Many can't fathom what to expect during that time.

Our faith and perseverance brought us through the situation together. We were hopeful in spite of what may specialists told us. According to each of them he would either be blind, deaf and/or have cerebral palsy. Of course, my husband and I were frightened, but we weren't going to give up on our miracle baby.

Each family is tested by its faith and we were definitely putting our faith in God. After birth he was hospitalized for 4 months and since he's only had one severe scare. Yes, he stopped breathing and I had to administer CPR after having him home for only 2 weeks. It was extremely frightening, but I brought him back to life. The doctors stated if I hadn't reacted as quickly we would have lost him.

Today, he's an active, athletic, charismatic child. He play soccer, basketball and swims. He has received awards in school for being a leader amongst his peers.

Since his birth we have been participating in the March of Dimes walk. The organization was instrumental in his survival during his hospital stay. We are fortunate for the concerned doctors, nurses and loving organization.

He understands that it's equally important to help premature babies be as successful as he is today. Our son is an active participant and enjoys walking with me during the event. It's been 9 years since we've been blessed with our only child and it has been a journey. I can't imagine life without him.

I look forward to walking again next year in April. He will be by my side as usual. When people ask what's his name I reply with a smile. It's Jameel Mikal, which stands for handsome angel.

Be inspired,

Bahiyah Shabazz

Where's my Zen?

noreply@blogger.com (Unknown) — Tue, 23 Mar 2010 16:15:00 +0000

It's been awhile since I've found my Zen. Women's month is coming to an end and I must say that I am guilty of taking care of others more than myself.

I was recently having a conversation with a very good friend and it got really deep. If your friends can't tell you the truth...then who can? I realized everything she was saying was RIGHT.

I'm a very driven and accomplished person who is always trying to help others.

What about myself? Whatever happened to my spa days?

Lately, I've been working out with weights and running to stay fit. I haven't focused on my Zen.

It's time to substitute a day with Yoga, Spa and relaxation. The key to personal development is learning to take care of yourself, which involves finding and accepting who you are.

In order for me to continue to assist others and allow them to reach their full potential; I have to practice what I preach.

There are many times when I'm exhausted. Yes, I said it. Wow...that felt great! However, I keep going like the energizer bunny.

I have proclaimed today to be the first day of my Zen. I will find time to relax and take care of myself. I truly believe this declaration will allow me see things that I have not otherwise.

My suggestion is for each of you to find your Zen. It's waiting for you to discover and take full advantage.

NAMASTA!!

Be inspired,
Bahiyah Shabazz

Silver Lining

noreply@blogger.com (Unknown) — Tue, 02 Mar 2010 14:16:00 +0000

"Success is to be measured not so much by the position that one has reached in life as by the obstacles which he has overcome." ~ Booker T. Washington

Our country has one significant major depression documented in history and multiple recessions. As with anything in life what goes down must come up. This too is true for the stock exchange, finances and hope.

There is something to learn during the great depression term. We read about how families and friends came together to support one another financially, emotionally and spiritually. Their spending habits changed and value was placed in other areas in their lives.

Just as today we should notice that each situation has changed. Today, should be documented as "great" during this recession. Society had become such a plastic society by...buying now, pay later. Priorities had shifted, families were neglected and tangibles were more meaningful than substance.

I can empathize with each person's situation of not making ends meet or knowing when the telephone will ring for employment. However, the time has come to seek out guidance and clarity in your stage.

Where are in you in all facets of your life and how did you get there?

What have you always wanted to do that you didn't have time otherwise? Volunteering is a way to connect with others and fill your spiritual cup by lending your time and hand. Once we all connect with each other the links will strengthen for resistance to breakage.

Your silver lining is shining through with brightness. It's up to you to change your outlook on life and know that "this too shall pass".

Seek a solutions coach for assistance to give you a C.L.E.A.R. approach to your finances, emotional state and behavior toward life.

Be inspired,
Bahiyah Shabazz

Organizational Strategy

noreply@blogger.com (Unknown) — Wed, 27 Jan 2010 19:12:00 +0000

During this time, many people are seeking employment opportunity. The resumes are competitive and so are the wages and benefits.

Companies are trying to figure out a way to attract and maintain quality candidates that are going to work efficiently while demonstrating profitability.

Recruit + Retain + Reward = Measurable Success

Recruit Many entities are seeking opportunity in numerous ways such as job searches, recruiters, and college recruitment. It’s also important to get existing employees involved in the search for future employees. Existing personal knows what it takes for the position as well as the qualities the company is looking for. Incorporate a monetary reward for personal to obtain when referring a future candidate. Quality candidates will also consider a position with a sign on bonus, which is indicative of commissions to come.

Retain Retention is a concern for HR and upper management. People want to feel accepted and part of a company in order to stay. No one wants to participate in the mundane cycle of going to work and feeling trapped in a certain position. Performance reviews should implement an action plan that will get each deserving employee to the next level of his/her career. Employers should create a Success Track that will allow both parties to view where they are and how to get to the next level.

Reward Make work life exciting and rewarding. Create a department budget that will allow you to have networking events, milestone & distinction parties and reward celebrations for performance. This small acknowledgement will demonstrate a concern and value for the employees.

Implementing the 3R’s will allow a company to have a measurable success. Start each quarter with a blueprint (plan) that not only allows you to be productive in productivity, but productive in your role.

Having employees that earn rewards and feel appreciative will make for a better and lasting workplace.

Be inspired,
Bahiyah Shabazz

My first place

noreply@blogger.com (Unknown) — Wed, 06 Jan 2010 15:43:00 +0000

I was watching a show on one of my favorite network stations. It was amazing the emotional rollercoaster new homebuyers were experiencing while searching for the perfect home.

One couple had a list of wants and needs. They had a budget in mind and how much home they were able to afford. They couldn’t live without the granite countertops, four bedrooms, three baths and numerous cosmetics fixtures.

The list of ideas went out the door when they stepped into the first place. It was completely opposite of what they “wished” for, but it looked great.

The emotional purchase of the home was beginning to exude from the souls. Although the real estate agent wasn’t pushy, you could see the joy of a quick sale written all over her face.

Everyone’s action was clearly understandable. The process of purchasing a new home is an emotional rollercoaster.

What have we learned from the previous years in the home market?

First time homebuyers can take advantage of other’s mistakes. Follow the rules of purchasing a home and negotiate your wish list.

Live by the rule of 28/36:

The standard mortgage payment shouldn’t exceed 28% of your monthly gross income. Your total monthly debt shouldn’t exceed 36%.

Since consumers were being thrown credit and debt from in many directions, those numbers have far exceeded the recommended percentage of gross monthly income. In today’s numbers many household debt to income ratio is approaching 80% plus.

Mismanagement of money and approval of credit has allowed for loan modification for existing homeowners. The loan medication plan will allow you to (temporarily) reduce your mortgage payment to 31%. This will give you the opportunity to get your debt under control.

Other ways to get your household finances under control are to:

Control your spending habits.
Find a second job to rapidly pay toward debt.
Turn a hobby into an income.
Negotiate credit balances with lenders.

Be inspired,
Bahiyah Shabazz

Does your financial future look bleak or bright in 2010?

noreply@blogger.com (Unknown) — Tue, 05 Jan 2010 01:20:00 +0000

It’s the New Year and the water cooler conversations are immersed with old and new resolutions. We are all guilty of promising to lose weight, get out of debt, save more and treat others better.

Resolutions are wills of determinations. I’m not indicating that anyone has false intentions about their success. I am implying that the implementation of resolutions takes more than just a statement.

Resolutions are only successful with a plan. The thoughts, behavior and actions must completely change.

When your ultimate goal is to get out of debt by the end of 2010 and you charge those “to die for” stilettos on January 2, you’re not following through with your resolution.
In order to change from the malicious cycle that you’ve created, you must first change your behavior.

Let’s repeat….

I WILL pay off my debt and start to invest in a savings plan.

I will PAY OFF my debt and start to invest in a savings plan.

I will pay off my debt and start to INVEST in a savings plan.

The more you repeat and remind yourself daily. The more successful you will be.

1. Cut up the credit cards.
2. Create a plan and stick to it as to how to pay off the debt.
3. Open and direct deposit a comfortable amt of $$ into an acct to pay self first.

Believe me; I have come across many people wondering how they are going to purchase bread and milk. Therefore, a savings plan is what you are comfortable with not what others are doing.

One dollar a day is $365 dollars you didn’t have the previous year. Again, it’s whatever you can afford.

The year is still new. For those who haven’t done so create a monthly strategy as to how you are going to be successful. Make sure the plan is feasible and won’t deter you from giving up. Remember, your situation didn’t happen overnight and it won’t correct itself overnight.

With each milestone, reward yourself with a SMALL token. You are then creating a positive reinforcement for yourself.

Be inspired,
Bahiyah Shabazz

Money Mondays

noreply@blogger.com (Unknown) — Mon, 14 Dec 2009 23:16:00 +0000

Be inspired,
Bahiyah Shabazz

Is keeping up with the Jones costing your dignity?

noreply@blogger.com (Unknown) — Tue, 08 Dec 2009 21:53:00 +0000

I am almost positive that everyone knows someone who tries to keep up with the Jones. Let’s look at Jennifer who clearly lives outside her means. On the outside, she has a beautiful home, new Mercedes Benz, and a wardrobe to match her attitude. She makes an annual income of $95,000.00. However, her disposable income is limited and an emergency fund consists of a phone call to her parents for another loan that would never be paid back.oHo No one knows her struggles of portraying to others a woman of statute with expensive jewelry, large square footage home, and a foreign vehicle equipped with everything. As previously mentioned she asks her parents for small loans that are withdrawn from their retirement fund. She is also no stranger to credit cards. Although most are maxed out, she manages to open more to live the lifestyle she portrays.

Jennifer has come to a point in her life that she can’t suffer any longer. She
admits her debt excluding mortgage comes to $300,000.00. Her credit cards used from purchasing food to exotic trips to Africa and Europe .

Jennifer clearly has a problem with debt. Her dilemma with finances and having a sense to want to belong started as far back as her teen years. I asked Jennifer as far back she could remember to describe an incident trying to keep up with someone outside her means. She smiled and stated, “high school”. High school is a time when most of us are confused about where we should belong. There are groups from popular, jocks, nerds, outcasts, etc. Jennifer wanted to be a popular girl, but didn’t initially look the part. She recalls begging her parents to shop at the designer stores and paying for spring break trips.

I decided to have Jennifer start with taking care of herself, realizing who she truly is, accept it, and then tackle her debt. She was hesitant because she presented a façade for so long. Everyone who knew her categorized her as the “it” girl. No one realized the pain and loneliness she had. Jennifer let the materials define who she was when in fact she was a carefree woman with goals and ambitions. Her goal was to actually love herself and enjoy life as well as defining her level of success. While having the discussion with me she admittedly cried about dying with debt and having nothing worthwhile to show for all her hard work.

Steps needing to take in order to address the issues:
1. Admit to identifying one based on others’ perception.
2. Define who you are and embrace it.
3. Identify all your debt to begin elimination.
4. Start eliminating the high interest credit cards first.
5. Decide what could be eliminated from a daily routine and put the cash away in an emergency fund.

This is an insert from: Finances are linked to emotions: lives within your means. Pick up your copy from Amazon, Barnes & Noble or http://www.bahiyahshabazz.com/

Be inspired,
Bahiyah Shabazz

Do you really need to file bankruptcy to financially stay afloat?

noreply@blogger.com (Unknown) — Fri, 20 Nov 2009 15:43:00 +0000

Middle class is increasingly filing bankruptcy. For some the American Dream has ended. Couples are confused about their wrong turns.

Many people are sitting at the dinner table covered with bills that have past due notices stamp from front to back. There is a hesitation of answering the phone every time it rings. The oblivious factor kicks in when the bills are due.

We have been programmed that the American dream consists of buying the best education and home. I am not dismissing furthering your education.

I too have indulged in higher education and have become a homeowner. However, it was with great planning and sacrifice.

It’s time to look at oneself and ask the pertinent questions.

1. Do I live to satisfy others?
2. What does financial success mean to me?
3. How am I defining my standards?
4. What is my financial plan?

For those of you who have filed bankruptcy you have a ‘fresh’ slate. The key to your success going forward are to watch the spending triggers and not fall victim to overloading credit.

It’s important not to live beyond your means. Your means consists of your net pay minus savings contribution, health care and supplemental retirement.

Think about your last credit card purchase. Was it truly need or wanted? Why did you have to splurge on the item? Was it to make you look or feel good?

** To survive within your means there are essentials for finances are linked to emotions:

1. Set a budget.
2. Set goals.
3. Identify spending triggers
4. Surround self with supporters
5. Educate about finances
6. Set boundaries
7. Love self

Implementing these steps is imperative to living within your means and establishing wealth for yourself. Remember, anyone is capable of getting out of debt. It’s identifying the cause that is affecting the continuous behavior. Before acknowledging, the fundamental steps to living within a budget address the debt. It is essential to know where you stand in your financial dilemma. Be aware of your total balances, payments and rates.

Be inspired,
Bahiyah Shabazz

Overwhelmed and out of budget for Thanksgiving

noreply@blogger.com (Unknown) — Thu, 19 Nov 2009 16:51:00 +0000

Image by © Steve Lupton/Corbis

We all knew this day was coming. It’s destined to happen every year. The family gathers around to give thanks for what they have received during the year and acknowledge the love within the room.

The family gathering increases yearly due to the additions to the family from small children, in-laws and pets. Everyone looks forward to visiting your household because you are familiar with the etiquette of hosting and serving.

What you didn’t predict was the economy taking a toll on your holiday budget.

What are you going to do now? Your heart is filled with emotions of disappointment. You can’t supply the banquet spread you have done yearly. Your guests and family won’t understand the stress your household has taken from limited funds.

Since everyone enjoys your hospitality there’s no reason for you to discontinue with tradition. Invite your guests and family as you normally do, but ask for assistance.

Everyone is aware of the financial stress each person has taken, why should you be any different.

1. Establish a complete potluck meal.

2. Create a list of items you want served for the Thanksgiving feast.

3. Delegate the responsibilities to others to make a successful and thankful holiday.

4. Establish a time for arrival so that dinner is served in a timely fashion.

To continue with an upbeat ambiance create a prepared menu that list each item from appetizer to desert placed strategically in front of each guest seat. This small detail will make you feel great about putting your final additions on the dinner.

Many times women feel the weight on their shoulders by trying to be every woman to each person. It’s perfectly fine to ask for assistance when needed. This is a time to feel elated about life, your accomplishments, blessings and family.

Remember, family and guests are visiting your household for a sense of comfort and love. I’m sure bringing a dish this year won’t be a problem and it will demonstrate the appreciation from the prior moments.

Happy Thanksgiving!

Be inspired,
Bahiyah Shabazz

Consumers are looking for a deal of a lifetime for the holidays

noreply@blogger.com (Unknown) — Mon, 16 Nov 2009 22:25:00 +0000

Herey! Herey! Black Friday has arrived early. Retailers are targeting consumers to patronize their stores.

Big savings are here to ease the pockets of the consumers and add profit for the retail stores. Kmart, Walmart, Target, Marshalls, TJ Maxx has started 'Black Friday' early in hopes to attract the bargain finders and improve year over year production. The elite bargain finders have noticed the drop in prices and in-store coupons offered for additional savings.

I know that in order for the economy to move forward consumers have to put money into the system. For many months we have been hearing to save, save, save. Although this concept we allow you to address the dark, bleak moments we also have to [conservatively] spend.

Now is the time to cash in the holiday savings account and spend the gift cards.

During the month of October the econmists noticed a slight increase in retail sales. This is due to strategic planning of offering holiday prices early and the outburst of the various government programs.

However, as an avid consumer and management consultant I don't see too many households cashing in the piggy bank anytime soon. The economic turmoil is teaching us to spend money on what is needed and not wanted.

Let's keep in mind that the season is for giving Thanks and showing endless gratitude toward other's efforts to make people feel loved and appreciated. In return your gesture will not only go a long way, but assist you in learning that giving thanks doesn't always mean over spending to make yourself look good.

To find the deal of a lifetime one must consider:

1. Visiting online coupon sites for add'l savings

2. Use in-store coupons

3. Create a list before shopping

4. Spend within your 'holiday' budget

I would also suggest waiting for the last minute to purchase your high ticket items.

I know you don't want to fight the crowd and stand in the endless line to become frustrated with the next consumer who has questions and coupons for days. In the end, it's worth it.

Retailers are in desperate need to move the merchandise from the shelves and increase production. Make sure the urgency works in your favor. Again, wait until the last minute and negotiate your price.

We can all take a segment from...Let's Make a Deal. Believe me, stores would rather see a happy customer than dusty merchandise.

Be inspired,
Bahiyah Shabazz

Why do I live paycheck to paycheck to feel good about myself?

noreply@blogger.com (Unknown) — Sun, 15 Nov 2009 17:47:00 +0000

This is an excerpt from the book, Finances are Linked to Emotions written by Bahiyah Shabazz.

I have discovered that too many of us are driven by our emotions. This isn’t necessarily a bad thing, but it can lead to discomfort. Emotions are intense feelings that coerce a decision from individuals. To a person’s surprise, the outcome may not deliver the results expected from the intentions. Couples question their marriage, individuals wonder about well-being.

In order to address any underlying issues we must discuss what leads a person to spend out of control and live for others. Let’s look at Chloe. I’m sure everyone knows a “Chloe”. This person only cares about how she looks no matter the situation. Everyone isn’t this extreme, but the circumstance is familiar. I have spoken with numerous people valuing themselves by the designer material items owned so that they can portray to others a well presented person. “Treating yourself” as people like to call it should not only imply splurging on clothing. It should consist of putting money away for an emergency fund, a rainy day or retirement.

Once we accept the importance of self we can understand “treating yourself” can also mean taking care of you. As always, people ask the mind puzzling questions about reasons for actions.

Actions taken to improve:

1. Realize and accept yourself

2. Define standards by your own definition

3. Treat yourself by opening a savings acct & save 10%

4. Pay bills then live on disposable income

Be inspired,
Bahiyah Shabazz

Layaway is the old, 'New'

noreply@blogger.com (Unknown) — Fri, 06 Nov 2009 21:12:00 +0000

I remember as a child going to the department store and watching my parents load up the shopping cart. My eyes would filled with excitement from all the merchandise. After endless hours of shopping we would stand in line.

I noticed my mother placing all the merchandise onto the counter, watching each item strategically place inside a box. She then would exchange a small, manageable dollar amount in exchange for a receipt.

Over the next few weeks we would visit the store only to make payments toward the merchandise.

During this economic time families are trying to figure out how to celebrate holidays, milestones and events without severely decreasing their disposable income and tapping their credit cards.

While you're trying to decide what to purchase for the holidays and how you're going to afford it. I encourage you to look into layaway. It was good enough for our parents and grandparents, it should be good enough for us.

Our parents, grandparents, aunts and uncles took advantage of the luxury decades ago. It was an act of convenience and a way to save and not charge enormous debt onto a credit card.

Eventually, department stores discontinued layaway and used the excuse of losing money due to returned items and lack of payments toward layaway.

Today, it's a different outlook on the system. Stores such as Kmart, Burlington Coat Factory, Sears, Marshall's, T.J. Max and select Best Buys have had a change of heart.

The stores have realized that in order to notice an increase in sales and production something is going to have to change. The change is...layaway.

Be inspired,
Bahiyah Shabazz
The Solutions Coach

Consumers weren't the only ones to benefit from 'Cash for Clunkers'

noreply@blogger.com (Unknown) — Wed, 04 Nov 2009 14:15:00 +0000

I remember my first car was a used Navy Blue 5.0 Ford Mustang. It had all the bells and whistles including the clutch that would go out and the engine would run hot. Yeah those were the days!

I had to insert a flat head screwdriver inside a flap on "some gadget" underneath the hood for it to start. I suppose the engine needed air. As I digress, I loved that vehicle. In the end, the repairs were more than I paid for the used vehicle.

There was a time when Ford was an acronym for fix on, repair daily or found on road dead.

Since the collapse of GM and Chrysler consumers are turning to a familiar face once again...Ford.

Ford truly benefited from the 'Cash for Clunkers' program. There profit was nearly $1B. Can you believe it? Can the company keep the momentum and market the brand as reliable and stable?

Only time will tell!

Now that the celebration and final numbers for the 'Cash for Clunkers' program has been validated let's move on to the increase in the gas prices. Yes, readers the gas prices have been increasing over the past 18 days and counting.

Now that the consumers have purchased their high profile gas efficient vehicles are they too feeling the pressure at the pump.

The clunker vehicle was not pleasing to the eye for some, but the note was paid and there (possibly) were minimum concerns. Now that the consumer has a car note, increase car insurance and the rise of gas prices. Was it worth it? Did the program benefit you, the entities or both?

At the end of the day it seems everyone benefited from the 'Cash for Clunkers' program:

Consumer= Feels good when driving a new vehicle
Government= Temporary solution to a semi-permanent financial turmoil
Oil Company= Increase in gas prices for more profit
Car Insurance=Increase in coverage and more money toward the agency
Citizens (some)=Celebrating the efforts of The Obama Administration

The government has found a way for everyone to profit and be satisfied. The program was a bandage on a crack dam that's seeping uncontrollable water.

Be inspired,
Bahiyah Shabazz

The recent recession has made homeownership a buyer's market, but that doesn't mean you have to indulge

noreply@blogger.com (Unknown) — Mon, 02 Nov 2009 21:38:00 +0000

I was recently asked by someone should she sell her home to purchase another. I couldn't intelligently answer that question without pertinent information. She is currently a homeowner and was aware that this stage of the economy is a buyer's market.

She wanted me to give her a yes or no answer to put her home on the market to purchase a house in a more affluent area. You have to ask yourself if this is an irrational or rational purchase.

We have learned that many unsuccessful purchases have been through emotional spending.

I didn't have time to adequately speak with her because it was in passing, but I have to know if she needed to move. I did learn that she is a nurse with grown children. However, she wanted to purchase a four bedroom/three bath home. Why?

This is the time when most people are downsizing.

Although she will potentially purchase a home, she too is a seller.

There are many things to consider when selling your home.

Do you have equity?

Do you have an upside down value?

Do you have 1 or 2 mortgages?

Are there major repairs to consider?

Why do you want to sell?

Is your home marketable?

Unfortunately, I didn't have enough time to speak with her, but I would love to hear more about her spending behavior and self reliance.

It's important to consider your total liability. In her case, if she is fortunate to sell her home to upgrade to a larger domicile; it's probably wise to look into and possibly increase her retirement nest for more security.

Don't be overly excited about "a buyer's market" when you too are a seller. Seek guidance in your decision and ask relevant questions to yourself as to why you want to make a large purchase.

In order to move on financially it's important to break your cycle of reckless behavior.

Be inspired,
Bahiyah Shabazz

Trick or Treat: Are your splurging treats putting you into a financial trick bag?

noreply@blogger.com (Unknown) — Sat, 24 Oct 2009 23:58:00 +0000

We've all had the experience of walking pass that one irresistible item screaming our name. You think to yourself one more [small] purchase on the credit card won't hurt anything, including your financial status.

Purchasing on impulse may allow you to look good for the moment, but leave you feeling bad for a long time.

Credit card minimum payments have increased. When you continue to purchase items on your credit card not only are you increasing your balance vs limit, but you are increasing your monthly financial obligations.

It's never too late to revisit your behavior and spending habits to get out of a financial dilemma.

Make a list and check it twice. Your list is the difference between naughty and nice. When you make a list and stick to the items, it allows you to remain in control of your finances.

Leave the plastic at home. I'm a firm believer in building your credit, however, too much credit can deter you from that ideal credit score. Pay with cash to avoid over spending. When you only spend cash it allows you to reconsider that splurging, impulse item. Creditors regard your debt to income and balance to limit on credit cards. In this case, less is more.

A financial checkup keeps money thriving. Create a household financial plan and continue with monthly follow ups. The prudent consumer tracks her spending and controls her finances. When you revisit the plan it's perfectly fine to make changes for improvement.

The next time you feel the impulse item will make a difference in your life...it will.

Be inspired,
Bahiyah Shabazz

Money Mondays

noreply@blogger.com (Unknown) — Mon, 19 Oct 2009 19:05:00 +0000

Tipping Etiquette

Most of us know that Saturday was Sweetest Day. All the years we (hubby and I) have been together we have never celebrated the Hallmark induced holiday. I am not against anyone whom wants to use the day to show his/her significant other how much the world revolves around that person.

I believe that everyday is a celebration and gifts, chocolate and flowers are more meaningful when they are purchased 'just because' not because someone told you to.

I digress...back to the point.

Our son, who is 8 yo uses any moment to celebrate, go to the movies and out to dinner. For the sake of not breaking his heart we did. So hubby, son and I made a date out of the day.

We get to dinner and the service was mediocre. We are in love with Mexican food and would eat it daily if my husband didn't complain about variety. It's now time to pay the bill and tip.

Do I tip on service?

Do I tip my standard?

Do I tip the recommended 10-15 percent?

I know we are all working because we have to, not because we want to. So I take that into consideration and tip her the lowest possible...10 percent.

Do you feel obligated to tip? To tip someone is a social gratification of service, not a social obligation. Understand that tip demonstrates the appreciation of the service received. I'm a firm believer that a person receives what he/she deserves and nothing more.

Tips should be earned just as anything else in this world.

Standard tips:

10-15 percent for restaurants
5 percent for hair and spa salons
while vacationing (seek what the standard is for the area)
10 percent for valet

Remember a tip is just like a bonus. If you don't do the work you won't receive the payment. Never expect for someone to reward you for lack of service.

Be inspired,
Bahiyah Shabazz

Black Rose

noreply@blogger.com (Unknown) — Sat, 17 Oct 2009 19:34:00 +0000

Women are such nurturing individuals. There are times when they need encouragement and a reminder that they are worthy and beautiful. Women are the wombs of the earth that bear fruit for prosperity. This is a dedication to you....

A Black Rose doesn't represent sadness or death.

It represents the beauty and everlasting breath of

my ancestors and I through the struggles we've endured.

***

And every inch we've shed tears and blood that was pure.

A Black Rose blossoms as other flowers do each year.

And a black woman conquers all her dreams in spite of her fears.

***

As in a Black Rose...beauty of black women stands out...

struggle, beauty and power hangs on each word that we shout.

***

Never underestimate the power of black women.

We are professionals...

We are mothers...

We are wives...

We are the backbone behind every black man.

Yes without us this country would be dust and sand.

***

As the Black Rose blossomed our wombs did too

fruitful of beautiful black babies that would share the fame too.

***

So just keep in mind a Black Rose represents the black woman and the

struggles we've climbed.

***

My sister you are that Black Rose full of beauty and pride.

I was inspired to write this poem for each and everyone of you. Enjoy....

Be inspired,
Bahiyah Shabazz

Money Mondays

noreply@blogger.com (Unknown) — Tue, 13 Oct 2009 00:41:00 +0000

Building Business Management

As people take on the big move...entrepreneurship. It's very important to understand that S-U-C-C-E-S-S doesn't happen overnight.

There are steps taken into consideration to be the top CEO. I must say that your success isn't solely contingent on talent. It's extremely important to have Drive and Determination.

Many studies have shown that top athletes, CEOs, and entertainers have obtained the success through strategic planning, networking and not taking NO for an answer. They have learned to make each moment an opportunity by creating their own path, hence, drive and determination.

I can give you many tools to get to the next move. Today, I want to leave you with:

Seven Secrets of Success

______________________

There is no secret of success.

Success is for everyone.

Your life becomes better only when you become better.

There is no success without sacrifice.

Success is achieved in inches,

not miles.

The greatest enemy of tomorrow's success is today's success.

No advice on success works unless you do.

Adjusting your attitude will lead you on the path to success and build wealth.

Be inspired,
Bahiyah Shabazz

Increase Customer Base

noreply@blogger.com (Unknown) — Fri, 09 Oct 2009 13:56:00 +0000

I've said it over and over again. People base their actions on emotions. Think about a time when you were shopping and intended to pick up a few items, but left the store with more bags than imagined.

Customers purchase spontaneous items because it makes them feel good about themselves. This occurs once they enter the store. What gets the customers to initially visit the store?

An increase in customer visitation is based on three things:

1. Product

What do you have to offer your consumers? Is the bang worth the buck? During this economic time people are looking for ways to stretch the dollar. You want to research to make sure there is a demand for the supply you have. The [one of] worst thing you can do is to allow a product to sit on your shelves accumulating dust.

2. Service

Please! Please! Please! Understand that the consumer comes first. I am not saying they are always right, but there are ways to handle each situation. Implement a measurable leadership program in the workplace to make sure your consumers are receiving the best service possible.

3. Brand

How do you stand out from the rest? Find your niche in the market that will continue to attract and retain consumers. McDonalds, Home Depot, Essence, Forbes, Oprah and many others have learned this concept. Once you earn the trust of your consumers, you will forever have an 'audience' to sell your products to.

There was a consumer who went into a business to purchase a product. She had concerns and approached the manager. The manager did not like her questions and concerns and began to act inappropriately. He clearly lost the business of this consumer and many others. I learned about her situation through 'word of mouth', which can spread like wildfire. This is a prime example of the three previous goals that must be considered in order to expand your business. Apparently the product was not up to par, the service was inadequate and now the brand will be flawed due to lack of consistent monitoring and consideration of [product, service, brand] the consumers' needs.

It's time to sit down with a consultant to discuss Solutions to Fit Your Needs.

Be inspired,
Bahiyah Shabazz

Money Mondays

noreply@blogger.com (Unknown) — Mon, 05 Oct 2009 13:05:00 +0000

Wizard of Oz Syndrome

Wishing your finances away isn't going to change your financial state. After speaking with countless clients two phrases continue to peak it's ugly little head.

#1 Procrastinate

#2 Lack of planning

Don't confuse your environment with the Wizard of Oz. The ruby red slippers or BCBG heels will not allow you to click your problems away and vanish from the situation. In the Wizard of Oz, Dorothy was confused because she was in unfamiliar surroundings. Instead of following her own instinct she listened to others for help. Seeking out the Wizard allowed her to build confidence (so she thought) . In the end, she found that it was her own self reliance that got her back home.

The Wizard of Oz syndrome means that people are seeking guidance without using their knowledge to answer all questions. I'm not saying that you don't need assistance every now and again. I'm saying that all you have to do is to establish a plan and have a sense of urgency about your life. Each behavior transition into every facet of your life.

As I turn on the news and read the paper, I hear individuals say that it (financial crisis) will come to an end. When? How?

Question:When are you going to get out of debt?

Answer: I don't want to be in debt and I will start saving tomorrow. The market is too bad right now. I'm scared.

Question: How are you going to get out of debt?

Answer: Once again, I will pay off all my bills.

These aren't adequate answers.

Eliminate Procrastination. "Why put off tomorrow what you can do today"? Everyone knows that tomorrow never comes. In the end, we have watched time go by and we are in the same dilemma or worse. Begin fixing your situation today. Start with addressing how you got into this financial turmoil. Identify your behavior that contributes to the spending and lack of budgeting. Realize and accept that you can only change yourself. It starts at HOME.
Set a plan. This addresses lack of planning. Answer the following questions in your plan. When do I want to be out of debt? How long will it take me? How much debt do I have? How do I feel about myself and the debt I've accumulated? How much can I contribute towards my debt? There are many questions to implement in the plan. You along with a consultant will be able to put a strong, reliable, accomplished plan together.

Be the Wizard in you goals. Clicking your designer shoes, which got you into the situation is not the way to eradicate your debt.

Be inspired,
Bahiyah Shabazz

What do you want?

noreply@blogger.com (Unknown) — Tue, 29 Sep 2009 18:44:00 +0000

It's a simple question, but everyone doesn't know the answer.

Think about your life...

What does it represent?

What would you like to portray to others?

How can you get there?

The answer to the main question, including the others are obtainable with confidence and a plan of action.

1.List what your goals are. Having a visual will remind you of what you want to accomplish. Many times people state what they want out of life without a constant reminder of what it truly is. List the long term goals first, then break down with short term. You would be amazed at how quickly you reach the long term goal when the short ones are obtained. This is truly a sense of accomplishment.

2. Deliver with confidence. There is nothing worse than someone demanding a task in a timid tone. Everything about you should represent confidence (walk, attire, attitude and tone). Accept nothing less than what you want with assertive demand of desires.

3. Have an action plan. Goals are great, confidence is even better, an action plan is the icing on the cake. You have to know where you've been before you know where you're going. Details! Details! Details! This leads back to the original question: What do you want? Even if you CAN answer the question, you want to have a plan as to how to get there. Otherwise, you are all over the place with no direction traveling in undeliverable circles.

At the end of the day you feel a sense of accomplishment with no stone unturned. As a person with a full plate you want to make sure every minute counts. With these strategies it surely will.

Be inspired,
Bahiyah Shabazz