This sponsored post is a recap of my participation in The #MotivatedMom Tour in Atlanta. All opinions are mine alone. #MotivatedMom #PruEmpowersMoms #HiltonCelebrates #CokeGivesBackNA
From as young as I can remember I wanted to be a mom. I daydreamed about caring for my children and watching them grow by my side. Motherhood was a gift that I hoped I could be blessed with. At the same time, since as young as I can remember, I have been a planner. Setting goals has giving me a great sense of peace and happiness.
It didn’t take me long to realize that motherhood doesn’t always go as we planned.
Growing up I remember how my mother stressed the importance of self-reliance by obtaining an education and being money-smart. Later, when her own life plans changed after divorce, her education and emergency funds became a lifesaver to help us survive those difficult years. That heartbreaking experience of my youth was an impactful lesson on the importance of financial wellness.
Motherhood is About Financial Stewardship
As a mother of three kids, financial stewardship is a great way to protect our family’s future and our own. But, how do we start? I have a few ideas to share:
- Become a smarter consumer: Know that every dollar saved can add up to significant amounts over time. So make use of cash-back and rebates and promotions that will help you to save a few dollars.
- Build an emergency fund: Make small deposits each month. Avoid saving so much that you start to feel deprived. The Prudential Website has more tips and recommendations to build your emergency funds slowly.
- Raise money-smart children: Yes, we can start teaching our kids how to earn, save, give and spend now. Age is not an impediment when teaching these great money-management skills. This will give them freedom in the future and peace of mind.
- Create better spending habits: Our spending habits are important for our financial success. Have a plan, research and avoid spending pitfalls.
- Invest: Using the strategies I mentioned above will help you eventually obtain a reserve of cash. Once you have a balance that is sufficient for the one-off expenses, consider opening a Roth IRA. These savings accounts are post-tax investment accounts that can grow to significant value in the future.
Moms, We Are Capable of Many Things
The #MotivatedMom Tour in Atlanta was spectacular! This event founded and hosted by Latoyia Dennis is designed to to equip moms to be “great women and extraordinary moms” by offering life-changing content to help activate our dreams. It was a place to celebrate diversity in motherhood and learn about tools for entrepeunership with other moms.
I can’t wait to attend a new #MotivatedMom Tour event again!
Ready to continue the conversation on the power of motherhood, financial stewardship and diversity?
Please join Latoyia Dennis @latoyiadennis and Elayna Fernandez @thepositivemom_, myself for the #MotivatedMom Twitter Party. TONIGHT at 9PM EST. Follow the following hashtags: #PruEmpowersMoms #HiltonCelebrates #CokeGivesBackNA