Category Archives: Women

Before The Kardashians We Had Gloria, Bella, and Oprah!

This is a re-posting of an earlier blog.  Enjoy and please share!

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Today, while channel surfing, I was lucky enough to land on the HBO channel which was showing a documentary about Gloria Steinem.  Lucky because most of the attention on other channels was focused on current media favorites, the Kardashians.

I used to assume that most women know about Gloria Steinem, Ms. Magazine, Bella Abzug, and others in the women’s movement which gained momentum in the 1970s.  Whatever you may have felt, or still feel about this time of great change, the results of the efforts of Gloria Steinem and others around her have had a significant impact on the personal, professional, and financial lives of women.

Recently I have begun to wonder if the young women of today are being taught about powerful and successful women who have helped us to arrive at where we are today.  Have they heard the names of Gloria Steinem and Oprah Winfrey as often as they experience minute-by-minute reporting on the Kardashians?

Gloria Steinem is now in her late 70s and it is understandable that not all young women have studied much about her, yet.  However, I just assumed that everyone who is old enough to watch television or surf the internet would know about Oprah Winfrey.  Not true.  Recently I was visiting with a group of young women who are in high school.  I discovered they really don’t know who Oprah is, what she has accomplished, or even how rich she is.That is interesting since rich is usually something teens care about. This lack of awareness of Oprah was a big surprise.  Fortunately I have listened to Oprah’s story often enough to recite it to them.  After that, I started bringing a few copies of O Magazine so the students could learn more.  In another conversation, I discovered that each of them could immediately identify Kim Kardashian and knew all about the man in her life, Kanye West.  Major reality check for me!

It is exciting that the blogosphere allows the writer to reach out to people of many generations all over the world.  If you are reading this and find that you are clueless as to who Gloria Steinem is, or what she stands for, please just “google her” or even watch her story on HBO.  Perhaps you have only a passing understanding of Oprah Winfrey’s life and accomplishments. Once again, a quick google will teach you a lot. 

I am grateful we are no longer living in the times when Gloria and Oprah were starting out and leading their own special brand of change for women, but I do know it is important to understand the past to appreciate today!

Until next time.

Debra Hadsall

www.financialfreedomparty.com

www.ffptalk.com

A Billion Women

Looking for a very insightful and forward thinking article about women?  Just click here to read from Bloomberg.com an article titled”  A Billion Women Are About to Transform the Global Economy.”

Enjoy.

Debra Hadsall

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www.financialfreedomparty.com

www.ffptalk.com

Why Blog about the Financial Freedom Party for Women?

Knowing that many of you have joined my blog after earlier posts were created, I am going to do some re-blogging.  I ask you considering sharing these with the women in your life.  It is important that those of us who understand financial management share what we have learned with others.  During my financial advisory career I heard often from women who said “nobody ever taught me this”.  That is one of the reasons I created the Financial Freedom Party for Women.  Now is the time to teach our friends, children, and grandchildren.  If we don’t do it, who will? 

My book, Financial Freedom for Women, A Little Book about Money for Women, Workbook Edition, is now available at amazon.com.  Just click here.  Now you can just add a copy of the book to your Amazon orders!!! 

So, starting from the beginning we have some background into why I blog.  Just click here.

http://ffptalk.com/2010/05/14/why-blog-about-financial-freedom-party-for-women/

More to come and thanks for reading and sharing.

Debra Hadsall

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www.financialfreedomparty.com

www.ffptalk.com

Culture of Threes-#3

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This posting relates to what I refer to as our Culture of Threes. As explained in previous posts, when an idea or concept comes to me three times from totally different sources, I have learned to pay attention, process the information, and then act. 

The Culture of Threes happened to me recently concerning my Financial Freedom Party for Women.

1

My Number 1 post was about the Financial Freedom Party for Women and how financial education for women meets party plans and the financial industry asks, “Like Tupperware parties?”  Please go back to my previous post for all the details.

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Number 2 was about a fictional character in a novel who encounters mystery with a backdrop of relationships, relationship selling, and Tupperware.  The book is The Husband’s Secret by Liane Moriarty.

3

Number 3 appeared when I turned on the TV one morning.

I have never watched the CBS This Morning Show, just glanced at it while channel surfing.  I was about to switch channels and then saw Gayle King talking.  I decided to watch CBS since I hadn’t seen Gayle (a journalist and media personality in her own right, but best known as being Oprah’s best friend) in action for a while.  I always say that Oprah and Gayle made having “girlfriends” cool again.  Gayle intrigues me and I always appreciate her viewpoint.

Rick Goings, the CEO of Tupperware Brands, was being interviewed.  What a nice way to start the day with such a positive story.   This was a huge contrast to all the other reporting which centered around the challenges of the day such the government shutdown, health care reform, and the debt ceiling. 

Tupperware has been around my life over the years and I have products in my kitchen that I purchased a long time ago.  This is a pretty big deal since I come from that generation of professional women who thought parties to sell products were kind of unsophisticated and not for us.  The irony of this attitude is that later in life I became a distributor for several direct sales companies and also created a new business model for marketing traditional products such as investments and life insurance through my Financial Freedom Party for Women®  Had I not learned so much about the value of parties in business to the clients and the company, I would not have had the ability to modify the concept and transfer it to the financial services industry.

Embracing a party concept for my financial services business came out my observation that a whole bunch of women showed up at my neighbor’s home for a Pampered Chef party and then proceeded to buy “a lot”.  This all happened on short notice with only a couple of days planning by the hostess who simply invited her friends.  Yes, she had a lot of friends.  Even so, this was quite a change from what I and a small team of women brokers encountered when we planned ahead for financial seminars and found few women would show.  Obviously we (and the industry) were doing something wrong.  Things needed to change.

So that morning on CBS it was really refreshing to hear how Tupperware has re-branded the company and recognized that with 90% of their market outside the United States, they needed to change and adapt their product line.  Tupperware acknowledged that the U.S. market is all about bargain shopping and price.  With the advent of inexpensive plastic storage containers, U.S. customers were not as abundant.  This 65-year-old business re-invented itself and offers an entrepreneurial opportunity internationally and current has 2.8 million representatives, most of them women.  A nice story about success brought on by understanding the market and creating change.

At the core of the party plan process is not only products, but women who understand relationship selling.  In a busy world where we can buy products and services on-line, party plans understand the importance that we women place on having a little special attention and understanding what we are buying.

I have always admired how direct selling and network marketing businesses remember that the connection between the customer and the product is most effective when it is through some sort of relationship.  This concept transferred effectively for me when using the Financial Freedom Party for Women® to meet women, teach them financial basics, and sell them investment and insurance solutions.

For me, hearing this short segment on Tupperware and the women (and their families and friends) it serves, was a nice and positive way to start the day.  I was surprised and pleased to hear the statistic concerning women  in Indonesia who are making $100,000. You can hear more by clicking here.

Being a financial services professional who is advocating a party concept for teaching women about money management and seeing it as a marketing tool for the financial services industry is not easy. Many people in the industry are more entertained by the concept of the Freedom Party for Women® than they are impressed.  Watching the Tupperware story re-inspires me that what worked for me in my business and for my clients, can work for many more.

That completes my Culture of Threes story about the Freedom Party for Women®, women, money, products, success, business models, relationships, party plans and of course—Tupperware.  I am listening and paying attention!

If you wish to purchase copies of the Freedom Party for Women®, A Little Book about Money for Women, Workbook Edition at www.amazon.com. please Just click here.

Until Next Time.

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Debra Hadsall

www.financialfreedomparty.com

www.ffptalk.com

Culture of Threes – #2

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This posting relates to what I refer to as our Culture of Threes. As explained in previous posts, when an idea or concept comes to me three times from totally different sources, I have learned to pay attention, process the information, and then act. 

The Culture of Threes happened to me recently concerning my Financial Freedom Party for Women.

1

My Number 1 post was about the Financial Freedom Party for Women and how financial education for women meets party plans and the financial industry asks, “Like Tupperware parties?”  Please go back to my previous post for all the details.

2

This post is about Number 2.  It starts with a fictional character in a novel who encounters mystery with a backdrop of relationships, relationship selling, and Tupperware.  The book is The Husband’s Secret by Liane Moriarty.                        .

This is a nice mystery book and it was picked last month by one of our book club members as a reading selection.  I hadn’t heard of it before.  If I wasn’t in a book club, it is highly unlikely I would have read it.

I was reading the book quickly (it is fun and easy to read) and enjoying the story, the characters, and the setting (Australia).  My mind had shifted from business stuff, like my Financial Freedom Party for Women, to playtime.  I was so wrapped up in the husband’s secret part of the plot that it took me a while to understand that part of the story revolved around the career choice of one of the main characters.  Instead of being a traditional professional in a career we all understand, she was a successful sales representative and manager in a direct selling and network marketing company.  Yes, part of her story was about her relationships, relationship selling, product knowledge, business management, coaching, and income production as an independent representative of….Tupperware.  It wasn’t until I finished the book that I realized this is the first time I have read a novel where a character’s successful career and resulting income involved direct sales, network marketing, and party plans.  A nice experience and a good reminder that women, relationship selling, great products, and party plan selling are a nice fit.   This made me smile and re-enforced my commitment to legitimizing the use of my Financial Freedom Party for Women to an industry which is traditional and male dominated.   

More next time about my third(Number 3) recent encounter with the power of party plans with relationship selling as successful business model which is attractive to women consumers and businesses.

Debra Hadsall

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www.financialfreedomparty.com

www.ffptalk.com

What Do You Really Want?

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What do you really want?

As a financial advisor, this is a question I spent a lot of time asking my financial services clients.  The answer to this question is really where all things start in our personal, professional, spiritual, and financial lives.  However, in our sound bite world most people seem to skip the first part of the process and jump over to making decisions and taking action, not always based on a foundation of understanding first  “what I really want”.

What Do You Really Want is also the title of a book  which is targeted to teens and written by Beverly K. Bachel.  I didn’t know anything about this wonderful book until it was shared with me by one of a woman who works on a volunteer project we lead.  Our activities involve some wonderfully talented young women who may not have always had the opportunities we had.  So, the volunteers simply spend some time with the students and teach life skills.  For the high school students who are seniors, Ms. Bachel’s books seems perfect.  It formalizes the topics we have discussed over the last three years and gives them an easy way to roadmap their lives…based on their hopes, dreams, and goals.  It encourages them to focus on what they want, not necessarily what their friends, families, or boyfriends want for them.

As I started planning how to compress all this wonderful information to make it meaningful  in a lunchtime setting, I was struck by how valuable it is for not only teens, but for all of us.  Parts of it mirror conversations and processes which are in my Financial Freedom Party for Women, A Little Book about Money for Women.

I encourage you to check out Ms. Bachel’s book ( mine too!) and consider sharing  it/them with the young people in your life.   Not only will they learn things and have a process to record them, you will probably learn a lot about yourself as you lead them through the book (s).

Until Next Time

Debra Hadsall

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www.financialfreedomparty.com

www.ffptalk.com

Begin with the End in Mind–End of Life Stuff

I am on a short break from blogging about women and money so I can complete a booklet about creating a concierge service for seniors.  The end is in sight!

Fortunately I have friends and business associates who send me tips about topics which are of interest to all of us. 

One friend is a young woman who is an attorney.  She actually likes legal stuff but knows most people don’t.  She told me to check out the site http://getyourshittogether.org/ . I did just as she told me and found it is a great site to reinforce the need to begin with the end in mind and get your stuff together.

Please take to time to read about the creator’s personal story and to use the information there to push you into action.

Personally I know it is a drag to do all the paperwork and planning.  I just finished putting together a new packet of info with updated wills,  banking information, insurance information and other stuff to give to our adult son …just in case.  As a young person and teenager  I always told him where our important documents were stored in the house.  He used to ask me why he couldn’t have a mom like the ones other kids had.  I told him most moms weren’t financial advisors and hadn’t seen what I had.  As an adult he now gets why all this stuff is important.

Until next time

 

Debra Hadsall

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www.financialfreedomparty.com

www.ffptalk.com

 

Begin with the End in Mind-Rhonda’s Rules

Some of my postings under Begin with the End in Mind have been about life insurance and end of life documents. The focus has been on organizing  personal affairs to make it easier for those you leave behind.

I never thought that I would hear about the importance of these things while watching  Wendy Williams interview a guest on her show.  Wendy is a fun, engaging and intelligent talk show host, but the subject matter is not normally about finances and personal legal matters.  I listened intently as she interviewed  Star Jones about a movement  Star has started called Rhonda’s Rules, A Women’s Guide to Getting Her Affairs in Order.

I hope you will  click here and learn more about Rhonda and the important information we all need to consider to help those we leave behind. It is a compelling story and the information Star shares is really important.  Star tells us that only 40% of women in this country have wills.  Are you in this 40%?

Be confident and proactive, even if it is a little work to create and maintain your own personal “Affairs in Order” notebook.  Call your best friend, ask if she has her personal affairs in order.  Team up and hold each other accountable.  When you finish give yourselves a reward by going to the movies or lunch or  heading to your favorite spot for a glass.  It is work, but so worth it and so worth celebrating the feeling that you have done all you can.

Until next time.

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Debra Hadsall

www.financialfreedomparty.com

blog at www.ffptalk.com

Welfare a Career Choice–Not Really

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There has been a Facebook posting going around recently which says:

 WELFARE ISN’T A CAREER PATH

I hit the LIKE button because there is so much wisdom in so few words. 

Those of us who haven’t experienced welfare as the family business have to kind of step back and see why young folks might envision long time public assistance as the way to make a living.

Children and youth are highly influenced by their environments, parents, or whoever is responsible for raising and educating them.  So, if a young person comes from a family who accepts public assistance as the norm, how will she or he change without learning alternatives and seeing different behavior modeled?  I believe some of this learning needs to be about finances.  How can no earned income and low-income folks do better if they don’t learn the basics?

Over the last few years, I have been part of a team of women who are lucky enough to do life skills mentoring with a small group of young women who are in high school.  Some of the students come from home situations which involve parents who work many hours at low paying jobs, or who rely on some level of public assistance.  Geographically, they live in an area which has pockets of poverty and an overall cultural acceptance of pregnancy in teens. 

We feel lucky.  These students are smart and willing to learn.  This year we included an enhanced focus on teaching sound bite pieces of financial information.  Topics were as basic as understanding a checking account, using a debit card, or how the little print on credit card applications needs to be carefully understood.  The students read short quotes from my book, Financial Freedom for Women®, A Little Book about Money for Women, and from other writings.  One afternoon we bravely did a short segment on stocks, bonds, and mutual funds.  As with adults, some were interested and some weren’t.

We learned that the concept of saving (except for  purchase of an iphone) was pretty much a foreign idea in general, and that retirement savings and even being able to retire at all were totally unheard of in their community. And for now in this economy, it’s pretty difficult to show how interest can work for you (make your savings grow) instead of against you (credit card debt & student loans). As always, tiny bites work well for everyone.

At the end of the school year we offered to give each student a copy of my book at no cost.  We suggested not asking for one if it was just going to get pitched into the trash (always a possibility with anyone and financial books).  Big surprise, they all signed up to get copies.  It was exciting to know that this group of students has access to basic financial information which teaches about a life choice of creating income and the value of investing.  Will they all read and learn, hard to tell.  At least we took a chance on each other. 

I’m hoping that someday my Facebook page will show postings from one or more of these young women which read something like this:

  MC910215909 I OPENED A ROTH IRA

  MC910215909 I BECAME A FINANCIAL ADVISOR

  MC910215909 TODAY I BOUGHT LIFE INSURANCE

Then I will hit the LIKE button again and again!

Until next time.

 

Debra Hadsall

www.financialfreedomparty.com