What happens when you commit to change and stop frivolous spending: You Actually reach your money goals.
Keshna not only worked with me one on one, but she also joined one of my previous debt challenges. When we worked together one on one Keshna was able to see where the leaks in her budget were and she was able to find a new route to get to work which cut her toll bill in half. #winning
She joined because she needed an extra oomph to keep the momentum going with her money goals and she thought to herself “Why not join a group instead of doing it all by myself.”
In the beginning her biggest struggle was not knowing exactly where her money was going and forgetting the little payments. Like weddings, birthdays, group dinners, and breakfast.
During the debt challenge Keshna ended up paying off $2,000 worth of debt.
“I’m going to tell you why I joined, I joined because you gave me a strategy on ways to cut my expenses, ways to make more money, and having a group support system. Meeting other people and hearing their ideas on how to pay down their debt, why not?”
Having someone to check in with on a weekly basis kept Keshna on track. It would of been a lot harder for her to do it all on her own. Every time she didn’t accomplish a goal she said she would she’d feel bad because she didn’t want to feel like she was letting anyone down. That’s why I’m establishing the Young Yet Wise Society.
After working with people like Keshna I realize how money goals get met having someone to there to support you on a regular basis even when your willpower fails.
The Young Yet Wise Society is meaningful to me because I heard that the average net worth of a black woman is just $5.00 and that’s just crazy to me.
I realize that some people may not fully understand what a net worth even is.
A net worth is the value of all your assets minus all of your debts. It’s a true measurement of where you stand financially. I believe it’s more important than your credit score.
I was having a conversation with someone and they told me they’re glad that their net worth isn’t in the negatives because they have $500.00 in their savings account. But in the same conversation they told me that they had about $50,000 of student loan debt.
Which means in reality that person has a negative net worth of -$49,500 and not a $500 net worth. ( Assuming they don’t have any investments)
The Young Yet Wise Society is a private monthly paid-membership program starting at $19.99/ month for goal-digging women who want to flourish their way to financial freedom.
The Young Yet Wise Society is an interactive video program that will not only teach you more about your finances, but also hold you accountable to the money goals you set.
Upon joining, each YYWS member receives a money questionnaire to discover financial needs and goals. This was important to me because I want each member to know that I do care about their goals. This isn’t just a huge group where you’ll be forgotten. I’ll need to know exactly where you stand so that we can get you to where you want to be.
Members are then taken to a private website portal. Once a month, a new easy-to-follow training video will be released based on a specific money topic; it also comes with a pdf guide. The video trainings are exclusive to YYWS members only.
It was important for me to have a separate website where members can login to see the newest videos and download the latest assignments. This is what makes the membership feel like a real course.
Members are also given a goal-tracker form to complete. Here you’ll list the top 3 money goals you want to accomplish by a specified date. At the end of each month, we’ll have goal check-ins about your progress and solutions to keep the momentum going.
On Fridays, members can post specific money questions into the Young Yet Wise Society private Facebook group and I’ll be there to answer them.
Need additional accountability? You can sign up for the Advanced Membership where you’ll have access to monthly one-hour video chats with myself and other like-minded queens. We’ll talk about goals, financial wins and struggles and best-practice money strategies.
A lot of you in the Young Yet Wise Society survey said you want to get your finances on track and that’s exactly what we want to do with the Young Yet Wise Society.
This is the kind of program that will change your finances. Don’t let an excuse hold you back from reaching your goals.
Hope to see you there!
Photo: Yegide Matthews