3 Money Myths You Need To Ignore.

There is no shortage of bad information out there – and falling for some of it can cost you money. It could be other people who steer you in the wrong direction, or it could be the things you tell yourself. Whatever the source, believing these myths could be hazardous to your financial health. Not knowing truth doesn’t make it any better, in fact ignorance isn’t bliss! Ignorance is poberty. Our goal is to encourage you to get the truth behind these bits of financial misinformation. The following are three basic very common money myths.

Myth 1 – I don’t need a savings account because I have a credit card.

This is a surefire way to get into debt. A savings account is crucial because you can’t always plan for emergencies and the unexpected in life. Instead of charging medical costs, car repairs, and home improvements on your credit card, dip into your nest egg of cash and avoid debt altogether. The Bible doesn’t prohibit borrowing, but it does discourage it. Read The Secret to Saving Money

Myth 2 – I don’t need to pay my credit card off in full every month because I am building my credit.

This is a very common myth – that credit card companies want to see your ability to pay off balances steadily and over time. But this actually doesn’t do anything for your credit score! It just prolongs the amount of time you’re in debt and the amount of interest you are paying. If you use a credit card for cash back rewards or airline miles points, pay it off in full every single month. Commit to not be in debt, even if it’s for a short period of time. Read The Silliest Thing I did to Payoff Debt

Myth 3 – I don’t make enough money to have a budget.

You should have a budget no matter how much money you make. But if you live paycheck to paycheck or find that money is tight, it will be even more vital for you to stick to a budget. A budget allows you to know exactly where all your money is going so you can control it, instead of it controlling you. Read Budgets Are Designed to Help You.

What are some common money myths you’ve heard or known over the years?

Can you relate any aspect of this post to your current situation?

leave us a comment or connect with us we would love to hear from you.

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Three Behavioral Traits That Show Your Bugdget Needs a Fresh Start

Because many times people can get emotional about money, it is easy to make plans for the month on paper but, the minute one gets the money to do what is written on paper we forget and go back to the same unorganized ways of doing things.

If there’s an area to be discipline in our lives, is our finances. When we hurt financially, it is at times difficult to perform and even of greater difficulty to be the blessing God called us to be.

Keep in mind that scripture tells us the reason for possesions.

I cannot stress enough the importance of discipline with a budget and the ability to be good stewards. God is trusting us with little things let us be Faithful.

Your budget needs a fresh start

1. If you are not giving off the top.

If you want to get results with your money, you have to give. It’s as simple as that. When you give off the top of a well-managed budget, you may be surprised to find living on less can actually feel like you have more. That’s because managed money works harder. Charitable givingshould always be the first line on your monthly budget. Read Giving

2. If you are spending too much in one cathegory

Are you spending half your budget on takeout? Straighten out your spending by giving each budgeted category a specific percentage. Remember we recommend 10–15% for food , 25–35% on housing, 10–15% in savings, and 10–15% on charitable giving. And make sure your entire monthly budget—including clothing, transportation, insurance and entertainment—equals 100%. No matter what! We show you exactly how to do this on our Teachable online course you can access it here

3. If you are using the same budget every month.

Because there’s no such thing as “the perfect month,” a one-size-fits-all budget won’t cut it. You have to make a new budget every single month. It’s fine to look at last month’s budget for direction, but expenses change with the seasons. Set aside a specific time to review and revise your budget before the month begins and stop expecting an old plan to work for new expenses. Having good intentions with your money is a step in the right direction, but it won’t get you far. Reevaluate your budget and fix the areas that aren’t working. It’s never too late for a fresh start. Read budget

If you’re not sure where to start with zero-based budgeting or how to manage your money, check out our website www.redtogreeneconomy.com we got a lot of resources to help you.

Also, please stay in contact with us, you can find us here:

Yadira Lino Castro

Financial Wellness Consultant Facebook: https://www.facebook.com/ylino

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MONEY & MARRIAGE – MARRIAGE & MONEY

Marriage And Money Challenges. Experts agree that finances can be the number one cause of marital strain. It’s understandable that financial struggles can cause strain because how people spend money is never just about the money — it reveals attitudes about what you value most; it reveals deeper character issues. These are some of the reasons blending financial habits can be very challenging.

Marriage can be what a couple decides it can be, there’s always the notion of differences in marriage for example in marriage one spouse can be a saver and the other one a spender, or maybe both spouses are savers, maybe both are spenders! Whatever the case may be There is hope! In this post, our goal is to provide great ideas to help you and your spouse make your marriage stronger by tackling the issue of money management in marriage.

MONEY MANAGEMENT STYLES A HUGE PIECE OF THE PUZZLE IS THE DIFERENCE IN MONEY MANAGEMENT STYLES.

It’s easy to forget that marriage is a commitment to forge a new life with another person. The lack of trust emerging from society has created prenuptial agreements and separate bank accounts in many marriages. These undermine the commitment to a shared life with a spouse and are contrary to biblical teachings. In marriage is not his money or her money. It is our money. Whenever financial issues begin to get out of hand in a marriage, the first thing to do is to pray about them. And in fact prayer should be a style of living we’re not getting into a sermon here but, life in marriage is easier when there is prayer involve. My husband and I pray about pretty much everything, specially when we are talking money and there is decision making involve. When we have to use money for something that’s not in our budget, we both pray overnight and by morning the next day we both are ready to make a move. Weather we decided to use our money or not. There is no substitute for God’s answer though. If prayer, time, and communication cannot help you then you might need help from a marriage counselor, which is usually recommended even before your marriage life begins. My husband and I went for counseling with my pastor before our marriage, he asked some great questions, gave us some great examples and advices that we still live by even to this day. So, don’t think that you only need a counselor when there’s a problem no, it is a blessing and a great idea to see one even before your life journey together begins. Find a counselor who is trained to help couples resolve issues diplomatically. The difference in money management styles:

1. The Morphostatic Style. These are people oriented to the present. They buy what they want now and don’t wait for a sale or even evaluate whether particular purchase is necessary. The Morphostatic style have inflexible standards—they simply want the best. They also tend to be fairly conventional in their buying and planning, operating by a set of rules it is the way they’ve always done it and as far as they’re concerned it is they way it’s going to be.

2. The Morphogenic Style, These are flexible people, wanting as many people as possible involved in the purchasing process. A Morphogenic person usually considers all of the possible consequences involved in a particular decision and takes considerable time to reach a conclusion. What happens when these different types marry? It isn’t hard to imagine some of the fights that could develop around financial issues.

Kim is tired, . She had no idea Tony mismanaged his money carelessly, he brought that behavior with him into their marriage. The debt, from student loans, to credit card, car note, and now his sport events. She didn’t know his needs and desires in marriage would be such a challenge. She and her husband had overcome many challenges, but their greatest ongoing problems surrounded money. Her spouse was a spender, she was a saver; she liked to balance the checkbook to the last penny, her husband hadn’t entered anything in the register in years. The result was numerous volatile eruptions and conflict that both she and her spouse wanted to avoid. It shouldn’t have been a surprise. Had they communicated and have a budget committee meeting monthly. The good is, they’re now taking the time to sit down and like we said before there is hope. Read budgets read budgets you may also want to read emergency fundsemergency funds plus our bonus FREE Online ClassesFREE Online Classes

Budget Committee Meeting Dave Ramsey THE SECOND PIECE TO THE PUZZLE LEARNING TO COMMUNICATE.

The concept of a budget committee meeting comes from Dave Ramsey, the goal is that both spouses put their differences aside and adopt a new set of values to improve and benefit their money management skills and marriage relationship. when couples learn to agree on their money and are determined not to let it drive them apart, they form a unity that is crucial for a successful marriage. The challenge in a marriage is to work through the different identities, ideals and values you each bring to the relationship. You win at marriage by losing your need to get your way in every battle. You get a happy marriage by giving up selfish desires in order to win together—you create shared visions and goals out of your own individual goals! The budget committee meeting also indicates that both spouses will share mutual interest towards their money therefore they both will value and respect each others input and ideas. t’s important that both spouses be involved with creating the monthly budget. The partner with the natural gift can prepare the budget, but the decision-making must be done by both of you. When you sit down with your spouse to have a budget committee meeting, there are three rules that each of you must follow. Rules for the nerd :Listen take input Keep it brief rules for the free spirit: Show up give input be realistic. Remember that opposites tend to attract in marriage, so work together for maximum wisdom. When you have a budget that reflects both of your goals and ideals, you will experience fabulous unity in your marriage. Dave’s powerful class, Financial Peace University, we highly recommend it is perfect for couples to strengthen their communication about money—even if they’re not in debt. Dave even focuses an entire lesson on how we relate with money in different ways. My husband and I have been through FPU it is a great tool that teaches you how to be better stewards of God’s blessings and how to handle money God’s way. When You Sit To Talk About Money:

• FIND COMMON GROUND Be willing to show empathy, be understandable, open minded and none judgmental or critical about your spouse or what happen in the past. You’re starting a new chapter in your lives you both should be willing to look forward to what’s ahead a what the future holds in store for you as a married couple.

• MAKE TIME TO TALK Don’t wait until your credit card is way over the limit and the ridiculous interest percentages blow over the roof or another hot financial issue happens to bring up the subject. The goal is to have a calm relaxed discussion when there’s no particular money issue at hand.

• TALK ABOUT YOUR FEELINGS Volunteer your own feelings about a financial issue men often have the inner pressure to be the providers at home, and the only thing they expect from their wife is respect. As a woman know how to talk to your husband with respect but also have or seek the wisdom and honestly share your hearth and how you truly feel with your husband and encourage him to do the same.

Women are often seeking a sense of security. I cannot describe in words, there isn’t enough words to express how I feel about not having enough to cover basic things. Money isn’t everything for a woman, but not having it can be a very stressful situation. When you get your money at the end of the month and are ready to work on the next month budget we suggest you first give God what is his, pay your tithes and use a percentage of your money to pay yourself before you pay anyone else. If paying yourself 10% of your income at first is too much, choose a reasonable percentage but do it, pay yourself first and get in that habit. After you have give God his portion and you have pay yourself cover your four walls. (Housing, food, utilities, and transportation) after you took care of your family needs pay everyone else. If you are deep in debt or maybe just in debt period follow our recommended debt pay off method check our website www.redtogreeneconomy.com for more information.

Share your thoughts with us. How do you relate topic?

Yadira Lino Castro Financial Wellness Consultant www.redtogreeneconomy.com You Can Find Us Here: Facebook: https://www.facebook.com/ylino Instagram: @lala_ag Pinterest: @yadiz08 WordPress: @yadiz08 Skype: @yadiz08_1 Linkedin: Yadira Blessed Lino Castro Youtube: https://www.youtube.com/user/godsweetgirl

FREE Online Personal Finance Class

FREE Personal Finance classes with me! Our awesome community partner @hamptoninn from Perland Tx. Is sponsoring a five weeks The Power of Your Personal Finance course with me and written by us @ Red to Green Economy. Space is limited and spots are filling up VERY QUICKLY, so don’t hesitate to RSVP! YOU CAN CONTACT US AND SIGN UP FOR THIS FREE SERIES HERE www.redtogreeneconomy.com/contact Sign – up rules you have not taken this online series with us before. By signing up you agree to finish this course. Sessions will be held on Thursdays 6:00 -7pm

You might or you might have not seen this announcement on all our social media networks.

We’re beyond excited to share this wonderful news with you, our first class is tomorrow Thursday July 27th 2017.

There are still 5 spots available contact us for info at www.redtogreeneconomy.com/contact

In this course you will receive:

1. A FREE copy of our own Red to Green Economy E-book available @ Barnes & Noble or on our website @ www.redtogreeneconomy.com/shop for only $8.00

2. A FREE copy of our Red to Green Economy Worksheets Kit also available at our website for only $5.00

3. A FREE copy of our Teachable Online course The Power Of Your Personal Finance also available on our website @ www.redtogreeneconomy.com/services

In this course you will learn how to interact with your money and how to use it for your advantage. This is a step by step guide that will provide you the necessary tools to understand the power of personal finances. our main goal is to put you in charge and help you win with your money by setting achievable goals by creating a budget that works for you , we are with you every step of the way. $15.00

4. Five FREE consultation sessions with me each value on $65.00 our consultation service consist of:

Helping you come up with the perfect plan to get you back on track financially and help you devise a clear easily workable method to tackle your debt. In a typical Red to Green Economy Consultation, we will: Help you create a household budget and teach you the tools you need to help you adhere to that budget.Help you find extra money you did not know you had when you work your budget.Teach you the different debt payoff plans and help you identify which one works best for you.Help you set short term and long term financial goals and help you plan out how you are going to achieve each of themHelp you to identify areas in your finances where you may be weak and teach and motivate you to make small changes that will help you to become stronger.Help you understand the importance of accountability in order to win with your moneyAnswer any financial questions you may have that lie within our expertise. Each Consultation comes with two 1-hour sessions. For those that are outside of Houston, this will be a virtual Consultations via (Face Time, WhatsAap, imo, Google Hangouts, or Skype).

5. An invitation to our private Fabook group where you will meet our growing community people that are in the same journey as you to better their finance.

6. A friend and accountability partner, it is my desire and asignment to help you bring out of you and find your purpose in life.

How can we serve you best?

We’re grateful for our sponsor and community partners @ Hampton Inn by hilton from Prrland Tx

For info and for RSVP www.redtogreeneconomy.com/contact

Red to Green Economy E-book

 
Happy Mother’s Day!

I couldn’t think of a better idea to share this Mother’s Day Weekend. I hope my new E-book somehow encourages you. I have an incredible number of beautiful women that have inspired me through the years.

As a think of each of them my friends and relative moms or potential moms I think of all the things a woman can endure and I am grateful to my Heavenly Father for his love and kindness for allowing us women to be overcomes, I look back at my own life story and I smile but at the same time I feel how God has use every single event, and every single setback as a blessing.

Some of us women don’t look like what we been through.

Yep! You know it and I repeat some of us women don’t look like what we been through. But God!

Humbly, I thought of writing this post to give back some inspiration the the women that have inspired me too many to mention but if you’re a women and you are reading this post I am talking to you.

For every setback in my life God have had a come back plan. One of those come backs for me has been in the form of my new E-book, I hope you feel encourage to read it but at the same time be encourage to follow your passion.

I wanted to take the opportunity this Mother’s day to dedicate to you my E-Book Red to Green Economy. Tittle after my consulting business.

It all started with the desire to live a life that can impact others and can be impacted by others. I realized today that God can use anything. And that always been my prayer. If you can use anything Lord you can use me.

I went from struggle to struggle and people telling me I can’t do something or even people trying to tell me I need to do this or that to be successful to following my heart.

You’ve always heard others say that you must follow your passion and if you’re like me the question stands how do you do that?

Earn up to $7500 for one sale!

But since I been bless with the gift of motherhood I find that as a woman and as a mother our biggest why are our children.

So my hope and prayer is that when you see me or think of me you can say if she can do it, if she can write an E-book or more than just one E-book several of them.  I know that I know that I know that I can do it.

Whatever dreams or business ideas you have I hope I can inspired you to pursue it. I am nothing special, and many times I feel like quitting then I remember how hard it is and then if I quit I will have to do this over and over again so the answer I give myself is if you want to stop failing then you need to stop quitting.

I see my beautiful daughter Victoria, I see my amazing husband, my friends and family I want to make them, I want to make you proud and that is enough motivation to continue. And the fact that I know and you should know that God can turn all of your setbacks into blessings. 

God bless you! You can find my E-book on my website www.redtogreeneconomy.com or by visiting https://payhip.com/b/wtez

Earn up to $7500 for one sale!

What dreams do you have and what motivates you to press on?

Please share your thoughts and share this article with a woman or women in your life you love. Connect with us on social media we’d love to hear from you.

10 REASONS TO BECOME A DIY HERO


 

I gave a lot of thought to this topic mainly because up until a few months ago I wasn’t your type of DIY (Do It Yourself) gal. Like must people I thought the chances of screwing things up we’re not worth the hassle besides why invest time and energy trying to do things I never did before? I thought just call the pros save yourself the energy and the money. Cause after all we know that cheap can get expensive! Well a number of experiences has lead me do somethings myself after all like Mark Twain says, Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did. That’s not the only reason though, recently became a stay at home mom more like I went from having a full time job to a part time job in the transition we had to live on one income and we wanted to continue life as usual the more money I am able to save the more we’re able to fill in the gaps So, I Sailed away from the safe harbor and here are few things I learned:

    1. The opportunity to engage our hands and our brain in things we thought we couldn’t do. The sense of reward one gets from doing or fixing things with our hands can’t be earned any other way, we get to develope new skills and it’s obvious that we learn faster from “hands-on” experiences even if that means through trials and errors.




    1. Becoming a DIY hero will give you a sense of empowerment and self confidence. A while ago we needed a part change in the beamer, we went to the shop and the guy said $1,500.00 including parts and labor and you need to leave your beamer here for at least 2 days. We decided to shop around and find out the actual price of the part. Long story short, we watched a Youtube video, I went to auto-zone paid $16.00 for the part and in less than a minute change the part. It was so easy cause I just gad to unplug the the old part and plug the new one. We ended up saving a ton of money (refer to: The secrete to saving money)
    2. You-tube can teach you how to become a DIY hero, pretty much You-tube can teach you anything. No excuses, there’s no excuses for not doing things yourself or doing what you want. Fixing the car was not the only thing I learned on Youtube and I’m not able to always fix it myself, we take it to the shop with regularity and give it the proper maintenance. But, I learned how to do my pedi and mani and even my hair, so yeah! Pretty much you can learn just about anything in Youtube.
    3. By becoming a DIY hero you will also develop a connection to new people. You become a citizen of the world there’s a large community of DIYers in the web login in to social media everyday, you can feel confident interacting with them exchanging ideas take initiative what skills do you have? Offer to help anyone you know might benefit from your skills who knows one day you might turn it into a business. Just make it clear when offering to help that you’re unskilled, grunt labor and want to learn. Everyone needs a happy helper on a job,.
    4. Never under estimate yourself. You will never know if you don’t try, don’t pass an opportunity to do things yourself, you can be a DIY hero if I believe in you then you should believe in yourself also, you are never too busy to work on your stuff, you work too hard to let things fall apart at home, become handy set a time to do things around whether is daily, weekly, by weekly or monthly hold yourself accountable and do the things you said you will do.
    5. Remember the 80/20 do 100% your best but If the end result looks like an 80% at the beginning, don’t sweat that 20% means room to grow In other words, be OK with getting some paint on the ceiling when you paint your own house get it! Remember that practice makes progress the more you do the more you learn, the more you will know that you can be a DIY hero.
    6. Shadow a pro. If you do hire a pro to do the work, don’t let them toil alone. Fetch tools,  ask questions, sweep the floor, get the coffee, skills are learned and they can be transferable, watch them work.keep asking smart questions and praise their craft. True masters of trade are happy to explain the whats and whys of their work. Don’t be annoying, but also remember that you’re paying them and they’re working for you.
    7. You  learn other things in the process of taking on any task and these pieces of knowledge and the skills you learn will be useful in future projects whether is fixing your car, your washer, painting your roof or doing your nails. Don’t take it lightly if you’re going to learn to do something is worth to learn doing it right.




    1. You are showing your children,  friends and family that they can do it themselves too. If someone like me who is nothing special” can do these things, surely they can, too. Everyone thinks is difficult until is done. Remember the four miles barrier? According to legend, experts said for years that the human body was simply not capable of a 4-minute mile.  It wasn’t just dangerous; it was impossible. Further legends hold that people had tried for over a thousand years to break the barrier, even tying bulls behind them to increase the incentive to do the impossible. In the 1940’s, the mile record was pushed to 4:01, where it stood for nine years, as runners struggled with the idea that, just maybe, the experts had it right.  Perhaps the human body had reached its limit. On May 6, 1954, Roger Bannister broke the 4-minute barrier, running the distance in 3:59.4.  As part of his training, he relentlessly visualized the achievement in order to create a sense of certainty in his mind and body. Barely a year after Bannister’s accomplishment,  someone else ran a mile in under 4 minutes. Then some more runners did.Now, it’s almost routine. If you get up to do something  These people are more likely to try it themselves.




  1. Just try it! DIY! You will thank yourself for doing so. Short of replacing your electrical panel or roof, it’s highly unlikely you’ll ever be in real danger when working on your house or doing things yourself. And, if you’re careful and do your research in advance, you’re probably not going to seriously mess anything up you’ll become a DIY hero.

How likely are you to try DIY doing something new?

Please share your thoughts with us, share this article with friends and family, stop by our social media and say hi.

God bless you!

WHY GIVING

 
There’s usually for must people a mental war around giving; this topic brings up the question I hear all the time: “If I’m in debt, how can I possibly give?”

the truth is that giving should not be a burden to the giver, giving is a blessing and the most important of all fundamentals. Of course, your family and your obligations are priority but, let’s check your investments where’s your noney really going? When you have an itching for giving you should give how much you give and who you give is up to you. Some of us give out of obedience and gratitude for all the blessing we’ve been given and also because the Bible says God loves a cheerful giver.

 If you’re doing your best to pay all your bills and provide for your family, put giving at the top of your budget.

you can also see Budgets Are Designed to Help You Get Traction and Ultimately Win With Your Money




When you put giving at the top of your list somehow all your needs will be taken care of God doesn’t stays with anything.

There are two types of giving in the Bible as evangelical Christians we see. There are tithes and offerings. The tithe is off the top of your income before you do anything. That’s why tithing is on the first line of our budgets.

After that, other offerings are almost impossible to find in Scripture until your family is first taken care of. What we suggest is, unless you feel very strongly that God is telling you to do otherwise, the normative storyline that we find in Scripture is that offerings are from surplus. While your family is in debt and you are cleaning up your mess, there’s no surplus.

Just because something pulls at your heartstrings or somebody puts you in an arm twist or you hear a toxic sermon or something does not mean you need to give offerings above a tithe.
 In all cases make sure you pray about your givibg and give gladly, no one should control nor manipulate you into giving, maybe you feel lead to give out of your surplus if it is something you think you should do just ask yourself, am I giving beyond my means? Because giving beyond your means living beyond your means, unless you’re willing to cut back on your cable bill.




How much could you give if you cut back your cable bill? Do you really need all those channels? Or what if you cut back on eating out to one night a week? How much could you save by going to a new grocery store?

You can also see The Secret to Saving Money

You’ll be amazed at how just a few sacrifices can make a major difference and allow you to give in ways you’ve never given before.
when you give is not only the receiver who is in the receiving side, you’re also on the receiving side but in a different way. You receive the joy and satisfaction of being a blessing to someone in need and at the end giving does more for you the giver than the receiver.