(And what I learned along the way)

Starting a business is HARD AF. I’m not gonna sugarcoat it… (I tell it like it is.)

Then add in being a parent, having a sh*t ton of responsibilities, BILLS, and you’ve got yourself a RECIPE for overwhelm and chaos. 

Now, I’m all about being ON POINT with your finances and strategizing for your business. But that’s not how it all went down when Eddie and I started The Cake Mamas. 

At the time, 13,000 people in LA had lost their high-paying corporate jobs, and we were part of that group. Both Eddie and I worked in the same industry. So suddenly, we had zero income coming in to support our family of five. We were BROKE, had TONS of bills, and we had to file for BANKRUPTCY (it took us 10 YEARS just to build back our credit).

Going from corporate climber to stay-at-home mom made me feel like I was taking steps BACKWARDS in life. 

And then the idea of starting The Cake Mamas LITERALLY came to me in a dream. It’s a CRAZY story, and you can hear more a...

(And how to make money like the RICH even if you’re kinda broke right now)

Real Talk… 

85 individuals in the world have more combined wealth than the poorest 3.5 billion.

But, just because you’re not on the fast track to becoming the next Oprah, doesn’t mean you can’t steal some of her strategies. 

There are so many important money lessons you can learn from the rich – lessons that can get you a one-way ticket OUT of broke central. 

So, let’s get right into it. We’re talking four money tips you can put into practice TODAY to make money like the rich. 

1. Rich people are disciplined

64% of Americans live paycheck to paycheck.

On one hand, people THINK they just don’t make enough money. They’re always praying for more money, praying for a raise, when really they need to pray for BETTER TOOLS & STRATEGIES to manage their money. 

To be honest with you friend, you can’t really expect to live that millionaire lifestyle if you blow your $$ the minute it hits your bank account. 

W...

I hear it all the time...

“Janelle, I’m bad with money”

“Janelle, I don’t like numbers”

“Janelle, I don’t know what my expenses were last month”

Alright y’all, I’m tired af of hearing people say “I’m bad with money”, because real talk, you have NO business being a business owner if you aren’t SERIOUS about money. Period. 

It’s hard. Trust me, I get it. For the last 12 years, Eddie and I have INVESTED in our financial growth and have made it a GAME to have perfect credit, zero debt, and make our MONEY work for US! 

The problem with most of us is we were never taught how to do this sh*t in school. But, most of you didn’t go to school to learn how to bake either. So there’s that! 

Despite not knowing where to begin, or how to start, you figured it out and did the damn thang! And that’s something to be PROUD of! 

This is exactly why I wanna help with your finances too. 

But before we can even start talking about your business finances, we need to straighten out your personal fin...

Would you agree that most people wish and pray for more money? 

Back in 2009, we were those people. We filed for bankruptcy, we both lost our 6-figure corporate jobs and had NO idea how we were going to pay our bills. 

The thing is, people think that making more money will help alleviate debt, have a bigger house, or be better off; when in reality, all they need to know is how to make their money WORK for them. 

Something we had NO IDEA how to do 10 years ago. 

That’s why in this week’s PUSH we’re sharing all our MONEY TIPS so you can be more organized and financially literate as we enter into the new year. 

Here’s a breakdown of what Eddie and I discussed… 

Why you need to start treating your household finances like a business (11:11)

Stay in your lane (13:47)

The first step to climbing out of debt (16:29)

How to create a realistic budget (25:41)

Track and record all your expenses (29:06)

Set up an emergency fund (31:47)

Don’t get into new debt (39:50)

Leveraging credi...

Do you have a good relationship with money? 

This is a question that can be difficult to answer for some because they don’t even know what their relationships with money is like. 

They may be like me and Eddie back in 2005 when we were both bringing home six figures, overspending, and not saving. 

Or they might be hoarding their money with the fear that they’ll never have enough to cover the life they want to live. 

The reason we’re bringing this up is because your mindset around money is either propelling you or halting you in life. 

Here’s a breakdown of what Eddie and I discussed… 

• Eddie’s gold chain (01:18)
• How’s your relationship with money? (09:10)
• How filing for bankruptcy was the turning point for us (16:56)
• What did your parents teach you about money? (23:17)
• Set specific financial goals (26:09)
• Every dollar has a job (30:09)
• Discipline is the ultimate freedom (33:24)
• Learn how to earn money (34:06)
• Leverage your credit (42:10)
• Start your kids off early (46:...