A PLACE TO LEARN THE BASICS OF FINANCIAL MANAGEMENT – BY WOMEN FOR WOMEN

Archive for June, 2014

My Monkey Mind- Women in Commerce, Marijuana and Shades of Nancy Botwin

monkeys

My monkey mind postings relate to Buddha’s description of the human mind as being filled with drunken monkeys, jumping around, screeching, chattering, and carrying on endlessly. These postings come from my monkey mind.

Yesterday my Monkey Mind connected Nancy Botwin (a fictional character), ways to improve financial lives by making more money, and women in commerce in the legal pot industry in Colorado.  I am not posting about whether or not legalized marijuana is appropriate, only about where my Monkey Mind took me recently.

Colorado has legalized the growing and sale of recreational marijuana, with limitations.  I lived in Colorado for most of my adult life and have family and friends there.  Recently I was staying with my  adult son and he opened the freezer, took out a small bag of marijuana, and asked if I wanted some.  Then we laughed.  Pot has never been my deal or his. The bag has been there for six months.  The humorous part was he was having this conversation with his mother and all of a sudden that which was forbidden and usually hidden, was now OK (limited amounts of course) and out for all to see.

He and I have our mother and son bonding over cable TV shows like Sons of Anarchy, Breaking Bad, Nip Tuck, and my all-time favorite, Weeds.  If you don’t know, Weeds is the  fictional story of Nancy Botwin, a widow with two children and a big need for big income.  She is not a perfect person and her decision to deal weed is one of love, violence,  greed, corruption, survival, decisions, sex, and commerce.  It is also the story of a woman in an industry run by men and a mother’s concern for providing for her children.  Quite an interesting combination.

The last episodes show how over time she made the jump from being a criminal dealing drugs to a woman of commerce with a chain of very successful stores selling pot edibles.  How did this happen?  The story line put her in a world where weed had been legalized.  I loved the ending since it showed Nancy as the owner of a very large, very legal, and  very legitimate business.  My son didn’t share my enthusiasm.  I suspect he was looking for the crazy violence prone Nancy to rise again.  Instead it was a story of  closure and commerce .

This week I did a posting titled Three Ways to Improve Your Financial Life.  One of these ways to make more.  I am always fascinated by how we as women find ways to make more for ourselves and our families.  So, when CBS This Morning did a segment on women in Colorado who are in the  legalized marijuana industry, are making money, reaching out to each other, and getting a piece of the action, I thought of Nancy Botwin and the idea of making more money.

In the  CBS video, a woman is shown in a commercial  kitchen  preparing pot goodies.  She is not a Food Network star or a well-known chef, the way most women in kitchens come to us via our television.  I doubt that she is highly paid or wealthy…yet.  She is a woman doing commerce in the legalized pot industry in Colorado. I thought, finally a way for women who can cook and/or grow things and also run a business to make a real living. This is big business and one where women are already finding a way to connect with other women to define the industry and benefit financially from their efforts. The segment can be viewed at http://www.cbsnews.com/news/making-the-marijuana-business-women-friendly

I remember that after I viewed the final season of Weeds, I mentioned to my husband that maybe I should get into the pot business some day when it is legalized more widely.  He laughed and reminded me that most plants I care for die and that although I make amazing cookies, my long-term ability to whip up delicious pot treats doesn’t exist.  So I will just watch from the sideline as those pioneering Colorado women lead the way.

Until next time.

Debra Hadsall

financialFreedom_book

 

To order my book, please click here

3 Ways to Improve Your Financial Life

In my book, Financial Freedom Party for Women ®, A Little Book about Money for Women,  I teach the basics of financial management.  Most of us never learn basic concepts and then become frustrated when we aren’t reaching our goals, assuming we even set goals.

Life has become more complicated with each consumer expected to be an expert on all things financial.  In talking to women over the years, a common concern is about wanting to change and do better, but not knowing where to start.  Haven’t we all had (or still have) that conversation with ourselves?

It isn’t magic to create a new lifestyle, but it does take some introspection and then action.  A good place to start is with what I call 3 Ways to Improve Your Financial Life.  They are things we think about, but often haven’t written them down and then figured out which ones will benefit us the best.  So, you can start in the beginning by thinking about any or all which apply to you.

Spend Lessspendlesspic

Make Moremakemorepic

 Do Better with What You Have

betterpic

Simply write these titles on a piece of paper and make notes over the next couple of weeks about how you can focus on the one which will have the most impact on your life.  Start small, but start.  Talk it over with your spouse, partner, friends or anyone else you feel can give you positive feedback or be a support system.

Until next time.

Debra Hadsall

http://www.ffptalk.com

financialFreedom_book

To order my book, please click here

Student Loans Update

 

student loans

 

In this country we have a love-hate relationship with college, college costs, and student loans.  We value advanced education, dream of a college education for those who desire it; and then become appalled at the impact all that  expense and related debt has on students, graduates, and their families.

For many people, student loans are the major funding source for a college education.  There was a time when scholarships and personal  funding (not by loans or second mortgages on a parent’s home) of college were the only way to make higher education happen.  Massive use of a loan system wasn’t an option.  Things have changed and that change has brought some major financial challenges, along with the rewards, for those who rely on student loans.

Clearly student loan debt and those monthly payments for a long period of time affect the financial lives of students who have loans.  Finding a solution isn’t a quick and easy fix and it is one with huge political and fiscal implications at the legislative level.  However, this week President Obama signed an Executive Order* to expand the reach of a program designed to cap monthly payments of most types of student loans to a more manageable level.   Please click here to learn more.

If you are considering taking on student loan debt, it is important to understand all the details of what will be expected of you along with the benefits of higher education.  Student loans can end up being a long-term commitment and it is your call as to whether or not it is worth it to you.

Until next time.

Debra Hadsall

http://www.ffptalk
 
 
*Executive Orders (EOs) are legally binding orders given by the President, acting as the head of the Executive Branch, to Federal Administrative Agencies. Executive Orders are generally used to direct federal agencies and officials in their execution of congressionally established laws or policies. However, in many instances they have been used to guide agencies in directions contrary to congressional intent.  Source:  http://www.thisnation.com/question/040.html.com

 

 

financialFreedom_book

To order my book, please click here

 

 

Tag Cloud

A Knight's Tale

Perspectives by James Judson

Emails to God

Journaling through scripture one passage at a time.

Financial Freedom Party for Women (FFP)-Talk

A PLACE TO LEARN THE BASICS OF FINANCIAL MANAGEMENT - BY WOMEN FOR WOMEN

Covered in Beer

by Thomas Cochran

this is... The Neighborhood

the Story within the Story

Retirement Plan News

Retirement Plan News You Can Use

Mustard Seed Budget

God's blessings in your life and ministry

If there is any magic in this world...

The world can be amazing when you are slightly … strange!

Marriage Is A Commitment

Helping people find solutions to stay married.

First You Dream

Let's Talk about Money with a Christian Perspective