Retire Ready Too

Renee Collins

Retire Ready Too podcast is dedicated to empowering and educating Generation XY and Small Business Owners to take control of their money to save more. invest smart and build wealth.

  1. Top 5 Common Triggers Leading to Retail Therapy

    08/25/2024

    Top 5 Common Triggers Leading to Retail Therapy

    Have you ever had a day that just felt like it didn't go the way you had hoped? Maybe you came home and said, "I just need to escape," and found yourself indulging in some retail therapy?  "While it can feel great in the moment, it can also come with some side effects" This week's episode delves into how to enjoy a little bit of retail therapy without breaking the bank. Renee, a CPA and financial planner, discusses the emotional connections tied to shopping and how it can serve as a coping mechanism for stress, sadness, or boredom. She shares personal anecdotes and highlights the cultural influences that drive our consumer behavior. To navigate retail therapy responsibly, here are a few tips:  Create a Spending Plan: Allocate a specific amount for fun purchases at the beginning of the month. Mindful Spending: Be intentional with your money and understand the motivations behind your purchases. Emotional Awareness: Identify emotional triggers and find alternative ways to cope. Set Goals: Keep your long-term financial goals in mind to avoid impulsive purchases. Retail therapy can be a fun way to treat yourself, it is essential to to maintain balance in spending to support our financial wellbeing today and tomorrow.  Enjoy the episode and don't forget to subscribe to our channel or podcast.  Share the information with anyone who could benefit from it.  Have a wonderful week and go be great! Are you tired of the paycheck to paycheck struggle? It does not have to be this way, sign up for a FREE 30-minute strategy session, let's start a journey financial clarity and confidence: https://www.retirereadyinc.com/contact Disclaimer: The content presented in this video is provided for informational purposes exclusively and should not be considered a source of, or substitute for, professional tax, legal, or accounting advice. We strongly recommend seeking guidance from qualified professionals in those fields to address your specific needs and concerns.

    14 min
  2. 5 Tips to A Healthy Relationship With Your Money

    08/11/2024

    5 Tips to A Healthy Relationship With Your Money

    Have you ever heard that in order for you to have financial success, you need to have a healthy relationship with your money? Well, what does that mean exactly?  Join Renee Collins, CPA, financial planner, and founder of Retire Ready, as she delves into the concept of having a healthy relationship with your money and how it can transform your financial life. In this episode, Renee provides five essential tips to help you develop a positive connection with your finances: Talk About It: Break the silence around money and engage in open conversations with trusted friends and family to enhance financial literacy and make smarter financial decisions.Be Kind to Yourself: Avoid the social media comparison game and appreciate your unique financial journey.Forgive Yourself: Let go of past financial mistakes and understand that you did your best with the knowledge and resources you had at the time.Spend Time with Yourself: Reflect on your beliefs and emotions about money to better align your financial decisions with your values and goals.Understand Your Environment: Recognize how your surroundings and the people you spend time with impact your financial habits, and foster relationships with those who share similar financial values.Renee emphasizes the importance of self-awareness and creating a supportive environment to achieve financial well-being. Whether you're struggling with debt, saving for retirement, or simply looking to improve your financial habits, this episode offers valuable insights to help you on your journey. If you are interested in setting up a 30 minute consultation. Sign up here: https://www.retirereadyinc.com/contact If you enjoyed this episode please like and share with a friend. See you next week!

    17 min
  3. Exploring Financial Therapy with Rahkim Sabree: Bridging Emotional Wellness and Financial Health

    07/28/2024

    Exploring Financial Therapy with Rahkim Sabree: Bridging Emotional Wellness and Financial Health

    Rahkim Sabree Talks About His Path to Financial Therapy | Helping with Financial Healing Join us in this engaging interview with Rahkim Sabree, a dedicated supporter of financial empowerment and an experienced entrepreneur in the financial services industry. Rahkim walks us through his exciting career journey, from starting as a part-time bank teller to reaching high levels in financial therapy, and introducing us to this growing field. He discusses how he shifted from seeing financial education as the ultimate solution for financial problems to understanding the complex connection between financial behaviors and generational trauma. With his extensive experience, spanning more than a decade in finance, he now focuses on encouraging responsible money management and facilitating financial healing.We explore what financial therapy is, blending elements of mental health and financial planning. Rahkim shows how this relatively new area, though still unregulated and about 30 years old, is changing how we manage our relationship with money and our responses to the economic systems around us. Rahkim shares powerful stories and personal insights on how he came across the idea of financial trauma while working as a financial educator, and how it interacts with cultural factors, especially within the black community. He introduces his distinctive method in financial therapy, which combines understanding of trauma and cultural sensitivity, offering a deeper connection beyond theoretical concepts. Don't miss this important discussion where Rahkim Sabree shares his journey of merging financial understanding with emotional health, giving a new perspective on financial therapy.

    49 min
  4. 5 Steps To Making Your Homeownership Dream A Reality

    01/16/2023

    5 Steps To Making Your Homeownership Dream A Reality

    In this week's podcast, our amazing guest contributor, Nia Adams reveals her incredible journey of taking control of her financial struggles and turning them into financial successes. She opens up about the stressful times she faced as a young single mother before transforming her finances in powerful ways. From paying off $50K worth of debt to becoming a real estate investor and Certified Financial Education Instructor, she now educates and empower other women to take control of their finances to become money savvy and confident homeowners. Nia shares 5 steps to help potential homebuyers navigate the buying process Being a successful homeowner requires preparation and research. Even if your credit is in order, it's crucial to ensure you can afford the house that you're buying.  To prepare for home ownership there are five key steps:  Build an emergency fund and have money for closing costs.Eliminate debt this can help buyers qualify for more mortgage options.Select the best team of professionals, research their brand and services before signing any contracts or agreements.Research loan products available in order to choose the best option that works for you; be aware of down payment assistance programs as they may come with certain requirements such as higher credit scores or needing to stay in the property for a set amount of time.Lastly, create a budget so that you are comfortably paying your current bills when taking on additional expenses like a mortgage payment.In addition, we discuss the complexities that come with the home buying process...including down payment assistance programs, negotiating closing costs, getting a home inspection and understanding loan estimate documents – all things that are essential when buying your own property. Listen now and take away valuable information about this crucial part of life - owning your dream abode!  ======== Mentions In The Podcast: Nia Adams: Certified Financial Educator Founder: Perspectives https://perspectiveschange.com/freehomeguide https://www.amazon.com/Life-Short-Buy-House-Homeownership/dp/B0BHLH7Z6L

    46 min

Ratings & Reviews

5
out of 5
3 Ratings

About

Retire Ready Too podcast is dedicated to empowering and educating Generation XY and Small Business Owners to take control of their money to save more. invest smart and build wealth.