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March 2015 archive

15 THINGS UNEMPLOYED PEOPLE WILL UNDERSTAND

Being unemployed sucks!!! So for those who are currently unemployed, or have been in that situation… this is for you.

1. Eating on a budget
Family Guy - went to the fridge and it was empty
Ramen becomes your best friend, same with Kraft Dinner and anything that’s microwavable. You soon find out that while you’re unemployed buying healthy food is less of a priority since it’s so expensive. Your main goal is to go shopping for noms that will last you for a while and fill you up. Hello, pizza and goodbye veggies.

2. Saying no… a lot
shakes head - no
Every time your friends ask you out, you have to say no. Why? Because you don’t want to choose between going to the club or eating this week. Wanna go to a movie? Naw, I have to figure out how much longer I can go before washing my clothes. Laundromats ain’t cheap.

3. Making sacrifices
Heidi Montag - You could say I'm broke
Being unemployed means you gotta make hard choices. For me it was choosing between getting a monthly metropass so I could go to interviews, or getting a new outfit to look professional. I decided that being able to get to the job was more important than looking super slick. Black blazer with a hole? Guess I’m wearing a black shirt underneath. #unemploymenthacks

4. Window shopping
Confessions of a shopaholic - walk away strong and frugal
Window shopping is almost like you’re torturing yourself with things you can’t have. It’s awful, I know, but you can’t help it. You do this so when you get a job you know exactly what you want. That cute skirt is motivating you to get a ballin’ job.

5. Being asked, “So, what do you do/what are you up to right now?”
new girl - I'm having an anxiety attack
This is the most cringe-worthy sentence. Usually you hear this from family, your friends or friends of friends. It’s legit the worst. You have to do this delicate dance, tip-toeing around the word “unemployed”. Usually I’d go with the freelancing angle, I’m just figuring things out, or that I’m looking for something in my field. No matter what you say, people know that you’re unemployed, so you may as well just say it anyways. You just can’t win.

6. Never looking at your bank account/obsessively looking at it
dawson's creek - ugly crying
Knowing that you have no income coming in is very stressful. So when it comes to looking at your bank account, you’re either one of the extremes. I would look at my bank account EVERYDAY because I was scared that I’d wake up and all of my money would be gone overnight. Other people would just ignore it, thinking that if you don’t see your bank account being drained, your money must still be there. Both of these are super unhealthy. Once a week is all you need to stay updated on your finances.

7. Hearing about everyone else’s new jobs/promotions
sherlock - #internallyscreaming
The second you become unemployed it’s like everyone else either gets a better job or a sweet promotion. You can’t avoid hearing about it either. You log onto Facebook and it feels like every status update is about people starting their new, high-paying job, or people humble-bragging on Twitter about how they’re the youngest person in their company to be promoted. And what are you doing? Sitting at home in your PJs binge watching Netflix. #unemploymentlife

8. Nailing an interview and never hearing back
paul rudd - wow. today sucks
Going to job interviews is never a fun time, but every once in a while you just click with the person interviewing you. They love your answers, they laugh at your jokes, you even come up with sweet nicknames for each other. By the end of the interview you shake your new besties hand and go home confident that you’ll be starting your new job on Monday. And then a week goes by and you hear NOTHING! No email, no call, not even a text. So it’s back to LinkedIn to hunt for new jobs and pine over the one that got away.

9. Getting offered unpaid internships
futurama - professor - i don't want to live on this planet anymore
So you’re at an interview with your game face on and are killin’ it. Soon the question of salary comes up. You start thinking about all of the #cashmoney you’re going to be making, but then you hear the two words that just crush your hopes and dreams…. UNPAID INTERNSHIP. When you applied to the job it said nothing about an internship, let alone unpaid. They just slip it into the conversation like it’s nothing, but now you’re left sitting there in an uncomfortable blazer at 8:30am on a Friday after travelling for over an hour on transit, just to be offered a job that won’t pay you anything. Awesome.

10. Debating whether or not you should move back home
community - the lord is testing me
It’s now been a few unsuccessful months of job hunting and your bank account is seriously running on empty. You don’t know if you can handle another month on crackers and tuna, plus rent is almost due. This is the moment where you have to really start thinking about moving back home. Do you choose to be independent and broke or dealing with your parents and their nagging, but you have a roof over your head and someone who’ll do your laundry (if you ask nicely). It’s a real dilemma.

11. Rejection emails
parks and rec - life is pointless and nothing matters (1)
While I was unemployed I applied to jobs for 2 hours everyday. This was in the hopes of bettering my odds at finding employment. The downside, which I wasn’t prepared for, was the insane amount of rejection emails. These emails didn’t bother me at first. Unfortunately, as the months passed, they started to wear me down. It can hurt to know that you didn’t get it, but stay strong, something good is around the corner.

12. Boredom
the office - creed - i stopped caring a long time ago
It’s the middle of the week, everyone is at work and you’re sitting at home bored out of your mind. You can’t go anywhere or do anything because you can’t afford it. You’ve already applied to a billion jobs and heard nothing back. Your friends are busy, so you’re stuck at home with nothing to do. I guess you could clean the house a little in the meantime… naw you’re not that bored.

13. Procrastination
keeping up with the kardashians - i'll start tomorrow
This goes hand-in-hand with being bored. You’ve become so bored that you just don’t want to do anything. When you were first unemployed you had oodles of energy. You made lists, you were motivated and got stuff done. Now, you don’t even shower in the morning (or should I say afternoon), you don’t even want to think about writing a resume. So you just sit around watching Suits, pretending that you are learning negotiating skills for your next interview.

14. People telling you that you aren’t trying hard enough
2 Broke Girls - Max - I'm not a fan of hearing what people have to say
Being unemployed is not fun, so you do all that you can to snag a job. Unfortunately some people think that since you still don’t have full-time employment you aren’t even trying. These people (aka jerks) will say, “Well, if you really wanted a job, you’d already have one,” or “All you do is sit at home and do nothing, you should really be trying harder.” It’s not like you’re sitting at home twiddling your thumbs, you actually are doing everything you can. So to these people, I say please go away. Far away. Oh, and shut your mouth, thanks.

15. Being overqualified/under qualified for jobs
workaholics - i don't know whether to cry pf explode from anger
When looking for jobs, I’d always skip right to the qualifications section. What boggles my mind is that some entry-level jobs require people to have 4-5 years experience. How can I get experience for the job that basically needs me to work there for 5 years before applying? And if that’s not the case, you’re usually waaaay too overqualified for the job that you applied for. Now you’re stuck with nothing because you’re either too good or not good enough. #justtheworst

So to all of those who are unemployed, or have been, all I have to say is…
supernatural - i acknowledge your pain

Karyn Elliot: Micromanager + Chief GIF Maker

START YOUR MORNING WITH A MONEY MINUTE

I’m currently reading Alexa von Tobel’s incredible book ‘Financially Fearless’ (it was a NYTimes best-seller…woohoo!)

Financially-Fearless-cover

She is a HUGE inspiration behind Mo’ Money, Mo’ Progress. It was actually at the Cosmo Fun, Fearless event in NYC last November, that I heard her speak and truly understood the need for young women to understand and take charge of their finances. The seeds were planted.

There is so much wisdom in this book. It’s honestly mind-blowing. But if you’re starting out, I highly suggest to start small.

Alexa suggests taking a Money Minute everyday. Watch this video to learn more.

If you’re like me (a Canadian who doesn’t have access to LearnVest) take a minute (or two or three) to check your bank account everyday. I’m taking this on as my April money challenge. (Currently working on cuttin’ down on the Uber 😉

If you’re like to learn more about the book and Alexa’s adventures across America – check out this link:  https://www.learnvest.com/financially-fearless/

10 REASONS WHY YOU MAY NOT BE THE BEST AT SAVING MONEY

1. Your credit card is your best friend

The_limit_does_not_exist

Your credit card helps you pay for anything you’ve ever wanted, and when it comes time to pay it off that’s why you have two.

2. “Live in the Moment” spending
parks and rec - treat yo self

clothes
Hey,  #YOLO so why not buy that coat? Sure, you’ll only wear it once, but who cares it’ll keep you warm when they shut off your heat.

3. You buy unnecessary things
sky1

robot
Cat booties and robots are always a good investment, right?. #Skymall4Lyfe

4. You use your parents like an ATM
bye

take-a-chill-pill-parents-gif-on-lizzie-mcguire

They seem to always be there to help you out, but it won’t last forever. #CUTOFF

5. Online shopping is your drug of choice
bruce

bang

All you have to do is just click and you can buy anything you want. But when it comes to shipping your bank account takes a beating.

6. SALES = even more spending
giphy

shop

The second you see a SALE sign your wallet just puckers right up.

7. You go out EVERY NIGHT!
disco

money

Sometimes you just gotta let your hair down… buuuut maybe not every night.
It’s okay to stay in on a Monday, people will understand.

8. Lending people money and never getting it back
giphy

30488-Woody-Harrelson-crying-money-b-8fc5

One person asking you for 10 bucks may not be a big deal, but if you’re always lending people money and they never pay it back, it begins to add up.

9. Always treating people
2

Bar-I-Love-Everyone-In-This-Bar-I-Love-Everyone-Next-Rounds-On-Me-Reaction-GIF

It’s nice to pay for people when you go out, but you shouldn’t have to choose between buying them all a round or paying rent.

10. Going on vacations you can’t afford
vaycay

poor
Just because your friends are going to Aruba doesn’t mean you should take out a loan so you can go too.

 

Karyn Elliot: Micromanager + Chief GIF Maker

MINT IS A MUST

Stick to a budget and manage your money the MINT way. Let’s break it down.

WHAT IS MINT?
intuit_mint_logo_detail
A free web-based money managing service in Canada and the US.

WHY SHOULD I USE MINT?
It allows you to track your chequing, savings and credit accounts all in one place. MINT lets you see the bigger picture into your money spending habits.

SUPA COOL! SO WHAT ELSE CAN IT DO?
Based on the information you provide, MINT will recommend highly personalized financial products for you depending on which bank you’re with.

Screen Shot 2015-03-22 at 11.22.47 PM

MINT also allows you to:
-Check your credit score (FOR FREE!), and learn how to improve it!
-Create a budget–one that you can stick to!
-Set reminders for upcoming bills!
-Get a visual look at your spending with graphs and charts!
-Add financial goals and help you reach them!
-Get emails or texts when your account dips below a certain amount!

BUT IS IT SECURE? THIS IS MY MONEY WE’RE TALKING ABOUT HERE.
NENE
MINT uses the same security for their apps and website as high-end banks do. Worst-case scenario: someone happens to see your account. Your money can’t be moved around or transferred to another account through the MINT app or site, and there is nothing hackers can see that will compromise your information. Talk about being financially fearless 😉

(FUN FACT: Banks that are serious about security are all on the Bell network– It’s the most trusted network in Canada. All the major banks like CIBC, TD, and RBC are with Bell. So you can use MINT knowing your information is safe!)

WHAT IF I USE CASH?
show me the money
The only downfall with this money-tracking site is that it only works if you pay with debit, cheques or credit. Obvi, cash isn’t traceable, and debit charges can really add up. BUT! your bank will have plans where you pay a certain amount of money each month so you can have unlimited transactions! It’s worth it to get a better idea of how you’re spending your money.

Overall, MINT is a very hands-off approach to money, but still allows you to get the bigger picture. It’s a money manager that I think everyone should try. What’s not to love about spending smarter and saving more?

Now make it rain,

Gabs

 

7 FREE ONLINE TOOLS YOU CAN USE TO GET PAID TODAY!

Ladies, it’s time to get paid.

get paid

Pursuing your passion is rewarding, but #gettingpaid is freakin’ awesome. When I was first starting out as a freelancer, I couldn’t figure out how to actually get paid for my creative work. “Should I use PayPal? Request an e-Transfer? Send an invoice? Umm…a cheque?!” Needless to say, I was really confused and overwhelmed, and really could’ve used the list below.

So here they are, my top seven favourite ways to get paid for creative pursuits.

1.Selz: Seriously Simple Selling.

Screen shot 2015-03-12 at 2.31.32 PM

I discovered Selz through LaShanda Henry of SistaSense. I noticed she was selling her webinars through this super simple platform. I will be using Selz to sell my consulting services on gwenelliot.com.

Website: http://www.selz.com

2. Gumroad: Gumroad helps all types of creators earn a living selling what they make.

gumroad-logo-big

Sell your digital products easily with this simple tool. I stumbled across Gumroad when I originally wanted to sell an eBook I wrote called ‘How to Connect with Influential People When You’re First Starting Out.’ I’ve since seen some amazing #powerplayers in online marketing use Gumroad to sell their digital products and packages.

Website: https://gumroad.com

3. PayPal: The most trusted way to pay and be paid online.

Paypal Logo Transparent png format large size

Let’s face it, PayPal is the leader in online payments. I’ve used it to buy eBooks and audiobooks, to getting paid for speaking gigs and event fees. It’s simple, trusted, and easy to set up. Here’s the link to get set up to get paid: http://www.paypal.com/us/webapps/mpp/accept-payments-online

Website: http://www.paypal.com

4. Freshbooks: Accounting made for you, the non-accountant.

freshbooks-banner

I freakin’ love Freshbooks. I use it to invoice and for business expenses. I used the free version when I first started, and then upgraded when I ‘turned pro.’ It is a truly fantastic way to pay and be paid.

Website: http://www.freshbooks.com

5. Tilt: Collect money from your group and make something happen.

logotype-tilt

Tilt is an incredible tool. I used it to start a campaign to raise money for a friend battling lymphoma. We were able to raise $925 in a few short weeks. Tilt is also an incredible tool to help you organize events. You can use the Tilt platform to ensure you get enough people onboard to fill the room so you can actually profit from your event! You can also use Tilt for online e-Transfers. Oh, and if you use the code ‘TiltGwen’ the Tilt will be completely free for you!

Website: http://www.tilt.com

6. Stripe: Accept web and mobile payments.

stripe-blue

Stripe is a clear leader in accepting payments online. They process billions of dollars a year for thousands of companies of all sizes. Stripe is free to set up, but they do charge 2.9% + 30 cents per successful charge. When I worked for an eCommerce company called ShopLocket we used Stripe as our method of processing payments. Simple. Effective. #GetPaid.

Website: https://stripe.com

7. Square: Start Selling today.

square-300x128

Take care of your business anywhere with Square. Get the square card reader, set it up on your mobile device, swipe and #getpaid! Square helps you get paid on the go. For example, say you’re at an event and someone is interested in signing up for your coaching services; instead of waiting to send them more information by email, if they’re serious about it, they can purchase from you on the spot and have a receipt sent their way. Square saves the day!

Website: https://squareup.com

Okay – so there are some easy to implement tools to help you get paid. Let me know how it goes and what it feels like when you get your first sale!

 

<3 Gwen Elliot: Marketing + Chief Podcaster

 

10 MOVIES TO GET YOU IN THE MONEY- MAKIN’ MOOD

Got squat in the bank? These 10 films will make you want to change that.

1. Wall Street (1987)

Best Money Line:
“The point, ladies and gentlemen, is that greed, for lack of a better word, is good.”

2. Easy Money (1983)

Best Money Line:
“Hey lady, if I buy two odds will you show us your end?”

3. Brewster’s Millions (1985)


Best Money Line:
“I just bought an iceberg.”

4. Casino (1995)

Best Money Line:
“In the casino, the cardinal rule is to keep them playing and keep them coming back. The longer they play, the more they lose. In the end, we get it all.”

5. Jerry Maguire (1996)

Best Money Line:
“Anyone else would have left you by now, but I’m sticking with you. And if I have to ride your ass like Zorro, you’re gonna show me the money.”

6. Ocean’s Eleven (2001)

Best Money Line:
“All right, you proved your point. You broke into my vault. Congratulations, you’re a dead man.”

7. Office Space (1999)

Best Money Line:
“I can’t believe what a bunch of nerds we are. We’re looking up “money laundering” in a dictionary.”

8. The Pursuit of Happyness (2006)

Best Money Line:
Martin Frohm: “What would you say if man walked in here with no shirt, and I hired him? What would you say?”
Christopher Gardner: “He must have had on some really nice pants.”

9. It Could Happen To You (1994)

Best Money Line:
“It’s like we’re on two different channels now. I’m CNN and she’s the Home Shopping Network.”

10. Envy (2004)

Best Money Line:
Tim Dingman: “You’re fine. You don’t need to get fat sucked out.”
Debbie Dingman: “I don’t know… If we had a little extra money…”
Tim Dingman: “We don’t have extra money…”
Debbie Dingman: “We have a little.”
Tim Dingman: “Not to get fat sucked out!”

THE NEGOTIATION VIDEO YOU NEED TO SEE!

When I was negotiating a salary for my first ‘real’ job I had no idea where to start. So…YouTube became my mentor. More specifically, Susan Su and Ramit Sethi.

Susan is incredibly smart (I mean, she went to Stanford and worked at Google) and Ramit is a master negotiator.

The below video has been viewed over 120K times! I highly recommend you watch it, take notes, and implement their incredible advice if you’re curious about how to #KILLIT when you’re negotiating for your next gig.


And great news – I interviewed Susan for our Mo’ Money, Mo’ Progress podcast which will be launching on March 31st! Susan shares incredible advice that builds on the video on how you can rock your negotiation!

 

Gwen Elliot: Marketing + Chief Podcaster

 

THE 5 FACES I MAKE WHEN I LOOK AT MY CREDIT CARD BILL

1. I owe how much?!

batman - shocked reading (bill-)

2. Wait, that can’t be right…

brittney spears - confused

3. Ohhhh, that’s just how much I spent. Geezus I bought a lot of junk.

johnny depp - anxious

4. Hold on, that GIANT number is just my MINIMUM balance?! Oh good gawd!

jim parsons - anxious

5. I swear I’m gonna change… well, until I see something I REEEAAALLLY want.

archer - don't jusge me

 

Karyn Elliot: Micromanager + Chief GIF Maker

I GOT DUMPED. WAS MONEY TO BLAME?

I got dumped.
elle-woods-eating-chocolate

I mean, it was in person, and there was a good reason – but all in all, I was broken up with after an amazing 7-month relationship with my boyfriend. So currently I’m sad, and in the overanalyzing phase. The reason I share this with you, is because I believe the real reason we broke up was because of money. He’s under pressure from his parents and is also under pressure he puts on himself to make money and be able to live his dream. I think all of this external pressure really f*cked with him, and he broke off something that was going really well in his life. Or maybe he doesn’t really like me. Gahh who knows.

It hurts right now, but I know that this is happening for a reason. And I think that it’s a wake-up call for myself to create a financial foundation and understand money before things get serious in a future relationship.

You may have heard this: money is the number one cause of divorce (according to a Citibank survey, 57% of divorced couples cited money problems as their primary reason).

If you don’t want to head down the break-up route while your ten years into a relationship, it’s important to deal with things early. I’ve searched the interwebs and found some great tips and resources to help us build our financial foundation in a relationship:

1. Find a Neutral Time
Don’t wait until your partner has charged up a storm on the credit card or another hot financial issue arises to broach the subject. The goal is to have a calm, relaxed discussion when there’s no particular money issue at hand.
(Tip from Financialplan.about.com)

2. Set goals and automate.
Suze Orman says in the midst of the day-to-day craziness of life, it’s easy to take your eyes off of long-term goals. Whatever your goals are, set up an automated way to fund those goals. For example, if you want to save $300 a month toward a down payment, have that money automatically deducted from your checking account each month. Automate and you don’t have to argue.
(Tip from Suze Orman via Yahoo finance)

3. Read The Smart Cookies’ Guide to Couples and Money by the Smart Cookies.
Screen Shot 2015-02-22 at 10.16.50 AM

http://www.amazon.ca/Smart-Cookies-Guide-Couples-Money/dp/0307357996
We interviewed Sandra, the CEO of Smart Cookies for our podcast. Stay tuned for our episode which is packed full of amazing information on how to manage money!

How do you deal with finances in a relationship. Please share your tips with me and the mo’ money gals.

<3 An Anonymous Sisterpack Sister.

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