Create Financial Freedom for Your Family

Create Financial Freedom for Your Family

Guest(s)
NY Times Best-selling Author
"Money Making Mom," Nelson 2015
Blogger
Founder of www.MoneySavingMom.com
Husband, Jesse
Three children: Kathrynne, Kaitlynn & Silas
MONEY CAN’T BUY HAPPINESS
Crystal grew up in a home where her family understood how to be good stewards of their money. Her homeschooling mom introduced her to couponing and put her in charge of grocery shopping for their family of 9. While he was growing up, Jesse, her husband, learned to save money. When they married in 2003, they took the $35,000 Jesse got when his mom passed away and saved it. He went to law school for three years and both Crystal and Jesse were committed to staying out of debt. They imposed a rice-and-beans law school budget and found dozens of ways to squeeze a dollar out of a dime. They even learned how to buy all their groceries for $35 a week! When Jesse graduated in 2006, they had no student loans or debt of any kind.
For the last 10 years, Crystal blogged about her experiences on her website, www.MoneySavingMom.com and today she has nearly 2 million readers each month. Since then, she has helped others learn to save money and live on a budget and know the struggles. Crystal says not all problems are budget problems. “Sometimes they’re income problems!” says Crystal. She decided after 10 years of working from home and running her own business that she could help women make money from home. “I wrote the book with hope for families who still struggle and don’t spend any money. Whether it’s $200 or $2,000 a month, I want to help others recognize their gifts and talents and turn that into income to bless their families.”
Crystal is an advocate for women to just start. “Do something really small,” she says. “Take that first step.” The biggest secret to Crystal’s success is that she persevered. “We couldn’t live on my husband’s part-time income when I got pregnant,” she says. “So I researched everything online about making money. I tried a lot of things that didn’t work.”
MAKE AND SAVE
Look for ideas to build up some cash. Sell items in your house you no longer need. Have a yard sale. De-clutter your house and make money at the same time. Significantly cut your budget for a season. Stop eating out. Don’t buy new clothes. Save every dollar you can. Temporarily work a part-time job. Use the money you make to put into your moneymaking idea. Do the research. Read at least 10-20 business-related books before moving forward with your idea. Be open-minded. Jesse suggested that Crystal start a Facebook page back when few bloggers had them. “I wasn’t entirely convinced…especially because he doesn’t know a lot about blogging,” says Crystal. That idea paid off because today, Crystal has over 750,000 followers on Facebook! “His seemingly crazy idea turned out to be a crazy-good idea!” she says.
Crystal says don’t be discouraged if it takes time to make money from your idea. “It took me 2 ½ years before I was making consistent income from blogging,” she says. Many women are in a season where they are maxed out at home caring for newborns, helping with aging parents, taking care of sick family members, etc. “Do the best with what you can,” she says. “And when your life season affords more breathing space, pick up the pace.” Don’t try to do everything at once. The best way to avoid burnout is to start with one thing at a time. “You can’t dive headfirst into social media, network with your local community to drum up business, and learn how to maximize traffic on your website all at the same time (and do it well),” says Crystal. Stick with one action item at a time and when you are comfortable with the pace and progress, move on to the next step whatever that might be.
When Crystal first started her Facebook page, it took a lot of time to update it daily. “I had to learn to post links and different types of posts,” she says. “I had to learn what worked best, and what types of posts were most effective.” Today she has someone update it daily.
Keep dreaming. Keep setting goals and keep breaking them down into bite-sized pieces. Keep moving forward even if it feels like it’s at a snail’s pace.

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