The BOSS Network Blog

Women earn approximately $.74 for every dollar a man earns and pay over $426 billion a year on hair, nails, toiletries, and beauty products. Women pay more than men for services such as hair salon, dry cleaning, insurance, housing and healthcare. Unfortunately there is no federal law banning gender pricing which varies by state to state. Earning less money and mishandling their finances puts women at risk for financial failure.  If you mismanage your finances these bad habits can carry over in other areas of your life. When your finances are out of balance so are other areas of your life such as your career, relationships, family and health. Managing your finances properly requires discipline, attention to detail, organization skills, strategic planning, sacrifice, and logic skills. These skills are also useful in other areas of your life. Being the CEO of your finances reduces stress, anxiety, sadness, frustration and anger and helps keep your life in balance. Since ...

This week personal finance expert and founder of  Ask the Money coach.com  , Lynnette Khalfani-Cox is teaching a course on Financing and Investing. Lesson 1:   HOW TO RAISE CAPITAL FOR YOUR BUSINESS (LOANS VS. INVESTMENTS) Raising capital for your business is tough, but just because it’s tough doesn't mean you can’t do it. First thing to remember is financing starts with you not someone one else. Start financing your business with your own personal money, look into second car that you can sell, whole life insurance policy that's been building cash value, furniture , assets that you own  that you can sell and electronics . Be prepared to show that you've put up money of your own for your venture and have some sweat equity invested. Secondly, get in touch with your local small business administration office for financing options. They maintain a data base of loans and funding initiatives for different types of business owners. There are loan...