Why do we need great mentors in our life?

Background Info: The Merriam-Webster Online Dictionary defines a mentor as “a trusted counselor or guide,” while Dictionary.com defines a mentor as “a wise and trusted counselor or teacher.” My favorite definition for mentoring comes from Eric Parsloe, the Director of The Oxford School of Coaching & Mentoring. He defines mentoring as “to support and encourage … More Why do we need great mentors in our life?

How to apply blackjack strategy to maximize career winnings?

Background Info: Laurence J. Peter, an education professor at the University of Southern California, found in a study that companies often “fast track” or have an accelerated evaluation and promotion path for people who have been designated as stars early in their careers. The study further reveals the presence of the “Peter Principle,” which says … More How to apply blackjack strategy to maximize career winnings?

What has Scott McGillivray taught me about Income Property?

Background Info: A 2012 Survey found that 1 out of 8 American adults is a residential real estate investor, which represents a total of 28.1 million Americans (BiggerPockets.com and Memphis Invest, 2012). The top 5 home remodeling projects for the most return on investment provided by Remodeling magazine’s 2016 Cost vs. Value Report are 1) … More What has Scott McGillivray taught me about Income Property?

Why isn’t the 50-30-20 rule the way to reach financial freedom?

Background Info: For the average American household, 62% of expenses go to housing (33%), transportation (17%) and food (12%). Entertainment accounts for 5.6% and 3.6% for apparel and services (Bureau of Labor Statistics, 2015). Based on the popular 50/30/20 rule, you reserve 50% of your budget for essentials like rent, utilities, transportation and food, 30% … More Why isn’t the 50-30-20 rule the way to reach financial freedom?

What did I learn from the 2017 WFF Annual Leadership Conference?

Background Info: The Women’s Foodservice Forum (WFF) Annual Leadership Conference brings together more than 3000 leaders from the U.S. and Canada. WFF is the food industry’s premier leadership development organization whose mission is to advance women to the C-suite, and on the boards of companies operating in the $6 billion foodservice industry (WFF, 2017). Why … More What did I learn from the 2017 WFF Annual Leadership Conference?

How to find my voice as a woman and a minority in tech?

Background Info: The 2017 National Center for Women & Information Technology’s Women in IT report indicates that women represent 16% of 2015 Computer Science bachelor’s degree recipients at major research universities and 26% of professional computing occupations in the 2016 U.S. workforce. Asian women represent 5% of the 2016 computing workforce (NCWIT, 2017). A study … More How to find my voice as a woman and a minority in tech?

How much should my net worth be?

Background Info: GoBankingRates.com’s recent survey results revealed that 69% of Americans have savings account balances below $1,000, and only 27% of millennials have at least $1,000 in their savings account (GoBankingRates, 2016). An analysis collected by the Federal Reserve Board of Governors showed that millennials—15 to 34-year-olds in 2013—were worth roughly half as much as … More How much should my net worth be?

Should I rent or buy?

Background Info: A 2015 Fortune article revealed that homeownership rates hit 48-year lows. Although home prices have increased and incomes have remain stagnant, Americans are still likely to have a lower mortgage payment since mortgage rates are less than half at 4% vs 10% in 1990 (Fortune, 2015). A report released by Harvard University’s Joint … More Should I rent or buy?