Tuesday, June 18, 2019

Event: "Latinas in Finance" (POWER On Heels Fund, Inc)

Latinas are starting businesses in record numbers. Latinas are making our way to positions of leadership and influence in the corporate space too. Yet Latinas are struggling to survive in the business environment given the challenges they face when it comes to handling their money.

Demands from personal and professional commitments can place pressure on Latinas and can get in the way of being financially prepared. Especially when it comes to creating budgets, tracking expenses and long-term planning.


Friday, June 14, 2019

Universidad Catolica de Santiago de Guayaquil (UCSG) facebook post

My alma mater Universidad Catolica de Santiago de Guayaquil (UCSG) posted this today. So happy! Thank you!!!

đŸ”´Our GraduatesđŸ”´ Ing. MarĂ­a Soledad Tanner Cedeño, a graduate of the Business Administration degree, who received an award as "Outstanding International Consultant" granted by the Houston International Trade Development Council (HITDC) in Houston, TX USA. (May 2019). Congratulations from your alma mater UCSG! Soledad Tanner Consulting LLC.

Tuesday, June 11, 2019

Social Share - Living with Purpose

Social Share - Living with Purpose

Have you ever thought about your purpose in life?

Perhaps you're feeling empty like there is more for you to do but you don't know where to start. Maybe you've found yourself spinning in circles, accepting projects and jobs that leave you unfulfilled.  Or, you may have a friend that needs to be lifted, prayed for, or guided in her purpose in life. If so, we need you both here!
In this Social Share, we are going to discuss LIVING WITH PURPOSE. Join us to hear the purpose stories of 3 amazing resourceful leaders in the Houston community as they share their difficult journey which has led them to where they are today. You will also have an opportunity to discuss this topic in a safe space while connecting with our women of purpose community.

EVENT DETAILS:

Saturday, June 15, 2019  |  9:30 AM – 11:30 AM CDT

Location: Rice Village  |  2455 Dunstan Rd. Houston, TX 

 
PANELISTS:

CONNIE LEON, better known as Momma of Dos. Born and raised Texan. Grew up in a small Texas town near the Mexican border. Moved to Houston in 1999 to attend the University of Houston where she received her Bachelor of Science in Psychology with a minor in Health. Has worked in the non-profit and governmental sectors most of her career. These days she works around the clock to provide for her little Mexican-American family both in and outside the home. She has "Dos" amazing, children; Camila, 7 years old and Santiago, 9. In 2014 she helped found Houston Latina Bloggers which serves as a collaborative group to help raise awareness of Houston-based Latina writers, bloggers and content creators within many industries such as; social media, marketing, and public relations among others. Their vision is to help empower Latinas in Houston to share their voice.
SOLEDAD TANNER, MIB is a global senior financial executive with 27 years of experience in finance & controlling, strategy & consulting, performance & metrics in the global logistics and banking industry. Currently, she owns her own consulting business, Soledad Tanner Consulting, LLC. They are a Business & Financial Management Consulting firm that support businesses, professionals, and Corporations with solutions, knowledge, and expertise to grow efficiently and stay competitive in the market, optimizing businesses and achieving goals.
IVETTE MAYO, is an award-winning entrepreneur, international speaker, and author. Ivette is the President and CEO of Yo Soy I AM, LLC, professional development and consulting firm. She is known as a POWER ADVOCATE by her clients for creating POWERFUL and IMPACTFUL results. Her 27-year global career was spent working in business development, sales, marketing, and training. She is the Founder of POWER On Heels Network, a digital platform empowering and supporting women to achieve their vision of success with members from throughout the country.
BRING A FRIEND TO RECEIVE 20% DISCOUNT
Can't attend? Consider making a donation to support our mission!

Thanks to our Event Sponsor

Soledad Tanner Consulting, LLC is a Business & Financial Management Consulting firm. They support businesses, professionals, and Corporations with solutions, knowledge, and expertise to grow efficiently and stay competitive in the market, optimizing businesses and achieving goals.

http://soledadtanner.com  |  soledad@SoledadTanner.com
Sponsorship or Door Prize Opportunities Available!
For I know the plans I have for you,” declares the LORD, “plans to prosper you and not to harm you, plans to give you hope and a future.- Jeremiah 29:11”

BEAUTIFUL PURPOSE MISSION: 
Beautiful Purpose is a  faith-based, 501c3 non-profit organization empowering women through Christian principles, to live a purpose-filled life by creating a safe space for sharing, providing personal development workshops and leadership training, and by creating a woman of purpose community.

Friday, June 7, 2019

Preparing for a Disaster (Taxpayers and Businesses)

Source: https://tinyurl.com/y332s2bo

Planning what to do in case of a disaster is an important part of being prepared. The Internal Revenue Service encourages taxpayers to safeguard their records. Some simple steps can help taxpayers and businesses protect financial and tax records in case of disasters.

Listed below are tips for individuals and businesses on preparing for a disaster.

Preparing for Disasters (Video)

Take Advantage of Paperless Recordkeeping for Financial and Tax Records

Many people receive bank statements and documents by e-mail. This method is an outstanding way to secure financial records. Important tax records such as W-2s, tax returns and other paper documents can be scanned onto an electronic format.

Be sure you back up your electronic files and store them in a safe place. Making duplicates and keeping them in a separate location is a good business practice. Other options include copying files onto a CD or DVD. Also, many retail stores sell computer software packages that you can use for recordkeeping.

When choosing a place to keep your important records, convenience to your home should not be your primary concern. Remember, a disaster that strikes your home is also likely to affect other facilities nearby, making quick retrieval of your records difficult and maybe even impossible.

Document Valuables and Business Equipment

The IRS has disaster loss workbooks for individuals ( Publication 584, Casualty, Disaster, and Theft Loss Workbook) and businesses ( Publication 584-B, Business Casualty, Disaster, and Theft Loss Workbook) that can help you compile a room-by-room list of your belongings or business equipment. This will help you recall and prove the market value of items for insurance and casualty loss claims.

One option is to photograph or videotape the contents of your home and/or business, especially items of greater value. You should store the photos with a friend or family member who lives away from the geographic area at risk.

Check on Fiduciary Bonds

Employers who use payroll service providers should ask the provider if they have a fiduciary bond in place. The bond could protect the employer in the event of default by the payroll service provider.

Continuity of Operations Planning for Businesses

How quickly your company can get back to business after a disaster often depends on emergency planning done today. Start planning now to improve the likelihood that your company will survive and recover. Review your emergency plans annually. Just as your business changes over time, so do your preparedness needs. When you hire new employees or when there are changes in how your company functions, you should update your plans and inform your people.

There are real benefits to being prepared for disasters. The following preparedness strategies are common to all disasters. You plan only once, and are able to apply your plan to all types of hazards.
Get informed about hazards and emergencies and learn what to do for specific hazards.
Develop an emergency plan.
Learn where to seek shelter from all types of hazards.
Back up your computer data systems regularly.
Decide how you will communicate with employees, customers and others.
Use cell phones, walkie-talkies, or other devices that do not rely on electricity as a backup to your telecommunications system.
Collect and assemble a disaster supplies kit. Include a portable generator.
Identify the community warning systems and evacuation routes.
Include required information from community and school plans.
Practice and maintain your plan.

Update Emergency Plans

Emergency plans should be reviewed annually. Personal and business situations change over time and so do preparedness needs. Individual taxpayers should make sure they are saving documents everybody should keep including such things as W-2s, home closing statements and insurance records. When employers hire new employees or when a company or organization changes functions, plans should be updated accordingly and employees should be informed of the changes.

Make sure you have a means of receiving severe weather information; if you have a NOAA Weather Radio, put fresh batteries in it. Make sure you know what you should do if threatening weather approaches.

Count on the IRS
Immediately after a casualty, you can request a copy of a return and all attachments (including Form W-2) by using Form 4506, Request for Copy of Tax Return (PDF).

If you just need information from your return, you can order a free transcript by calling (800) 829-1040 or using Form 4506-T, Request for Transcript of Tax Return (PDF). Requests for Transcripts are also available using the online and mail options found on the Get Transcript page. Transcripts are available for the current year and returns processed in the three prior years. IRS.gov is an indispensable resource as you prepare for and recover from disaster.

Tuesday, June 4, 2019

5 Strategies to Deal With Financial Stress


BY MIRIAM CALDWELL

Feelings of financial stress often stem from common issues such as carrying too much debt, not earning enough money, the expense of raising kids, marriage to a spouse that has different ideas about how to manage finances, and the list can go on.

There is a virtually endless list of reasons you may be feeling some financial stress. It can take its toll on your closest relationships, and when you are stressed it can start affecting other aspects of your life.

If you can reduce your financial worry, it will free your mind so that you can focus on other important areas of your life and relax, knowing you have a plan to handle your financial situation. Following are a few things you can do now to relieve your financial stress and make it easier to function each day.

01 Create a Budget


You may feel overwhelmed and think that a budget is only going to add to your financial stress, but it is the best tool you have to get control of your finances and stop worrying about money. A budget allows you to decide when and how you are going to spend your hard-earned dollars. This spending plan makes sure you cover your immediate expenses, while still working towards your retirement and savings goals. It can also help you find extra money to put towards debt.

The first few months of planning and sticking to a budget are the most challenging, but once you understand what to do you can often reduce the amount of time you spend on it, and in turn, reduce the amount of time you spend worrying about money. Your budget will give you the feeling of control that you need to have over your finances. Start with just one months' worth of expenses and then go from there, tracking spending and cutting back in different areas each month until you find the perfect balance.


02 Get an Emergency Fund




An emergency fund is an amount of money you have set aside to cover unexpected expenses and financial emergencies. Although a car repair can be expensive and stressful, if you know you can tap into your emergency fund to cover it, a lot of the stress will go away. It is also easier to use the money in your budget the way you planned if you know you have the extra money in the bank ready to cover the unexpected emergencies that may crop up. You should have at least $1,000 in the bank until you are out of debt and after that, work up to an amount that covers about six months' worth of your expenses.

Building an emergency fund may seem tough at first, especially if you are struggling to make ends meet each month. Start by putting a small amount, whether it's $10 or $100, in the bank from each paycheck, and any leftover money you have in your other spending categories at the end of the month so that you can build up your emergency fund. You may also consider selling any unused items around the house to build up that cash as quickly as you can. You may be surprised at how quickly the stress fades away when you know you have that money in the bank to protect you and your family.


03 Get Outside Help


If you are really struggling with getting a handle on your budget and spending issues, do not be afraid to get outside help. You can take classes on basic money management and investing, that will help you plan out a budget and do the things you need to succeed financially. A financial planner can help you create a long-term saving and investing strategy that will help you take care of your current needs and plan for retirement. It is important to realize that you do not have to face the problems alone. If you are feeling overwhelmed by debt you can work with a credit counseling service to help you restructure your debt and in some cases, negotiate with creditors. You can also take financial classes that coach you through budgeting and other aspects of your personal finances.

Often, just talking to someone outside of the situation can help. Talking through your financial challenges and seeing an outside perspective can help you. Also, it can help to be accountable to someone about your progress. Just knowing that you have to report to someone else on your spending or your savings progress may be all you need to curb your impulse shopping habit or any other issues. A friend can help with this but a support group or class can also help, and sometimes be even more effective because a support group won't let you off the hook.




04 Determine What You Can Change




If you are having financial issues, you may have an income issue, a spending issue, or a combination of the two. If you know that you do not make enough money to keep up with your current bills, decide what you can do to change the situation. It may include options such as going back to school to qualify for a higher paying job. If you feel you have a spending problem and it's an addiction, you may want to attend a group like Shopaholics Anonymous to get help dealing with the issues you are facing. Once you have a plan that will help you change your situation permanently, you should be able to reduce your stress. One way that you can prioritize the things to cut back on is to determine the hourly cost of your wants. This may make choosing which items to cut much easier. Mastering these twenty financial skills can help reduce your financial stress too.

Change is not always easy. Start with small steps and work up to bigger changes. Additionally, if you make a mistake one week, go easy on yourself, and get right back on track so you can continue to stick to your budget and keep working on making those changes in your financial habits. It helps to realize that it's a journey and even if you take a short detour or a small break, you can keep moving forward and make the necessary changes.


05 Find Positive Aspects of Your Life Each Day



While this may sound like it's not a solution to your financial problem, it can make a big difference in the amount of stress you feel each day. Find positive aspects of your financial situation by tracking your progress towards your financial goals. Looking at the positive aspects of your life each day can also help you reduce your stress.

If possible, try to find some healthy outlets that do not cost a lot of money. Regular exercise and taking care of yourself can reduce your overall feelings of stress, which allows you to better focus on the problems and make headway. You can change your financial situation, and you will find it easier to accomplish if you are not worried and living in an anxious state all of the time.

You Don’t Find Your Purpose — You Build It



By: John Coleman

“How do I find my purpose?”

Ever since Daniel Gulati, Oliver Segovia, and I published Passion & Purpose six years ago, I’ve received hundreds of questions — from younger and older people alike — about purpose. We’re all looking for purpose. Most of us feel that we’ve never found it, we’ve lost it, or in some way we’re falling short.

But in the midst of all this angst, I think we’re also suffering from what I see as fundamental misconceptions about purpose — neatly encapsulated by the question I receive most frequently: “How do I find my purpose?” Challenging these misconceptions could help us all develop a more rounded vision of purpose.

Misconception #1: Purpose is only a thing you find.

On social media, I often see an inspiring quotation attributed to Mark Twain: “The two most important days in your life are the day you are born and the day you find out why.” It neatly articulates what I’ll call the “Hollywood version” of purpose. Like Neo in The Matrix or Rey in Star Wars, we’re all just moving through life waiting until fate delivers a higher calling to us.

Make no mistake: That can happen, at least in some form. I recently saw Scott Harrison of Charity Water speak, and in many ways his story was about how he found a higher purpose after a period of wandering. But I think it’s rarer than most people think. For the average 20-year-old in college or 40-year-old in an unfulfilling job, searching for the silver bullet to give life meaning is more likely to end in frustration than fulfillment.

In achieving professional purpose, most of us have to focus as much on making our work meaningful as in taking meaning from it. Put differently, purpose is a thing you build, not a thing you find. Almost any work can possess remarkable purpose. School bus drivers bear enormous responsibility — caring for and keeping safe dozens of children — and are an essential part of assuring our children receive the education they need and deserve. Nurses play an essential role not simply in treating people’s medical conditions but also in guiding them through some of life’s most difficult times. Cashiers can be a friendly, uplifting interaction in someone’s day — often desperately needed — or a forgettable or regrettable one. But in each of these instances, purpose is often primarily derived from focusing on what’s so meaningful and purposeful about the job and on doing it in such a way that that meaning is enhanced and takes center stage. Sure, some jobs more naturally lend themselves to senses of meaning, but many require at least some deliberate effort to invest them with the purpose we seek.

Misconception #2: Purpose is a single thing.

The second misconception I often hear is that purpose can be articulated as a single thing. Some people genuinely do seem to have an overwhelming purpose in their lives. Mother Teresa lived her life to serve the poor. Samuel Johnson poured every part of himself into his writing. Marie Curie devoted her energy to her work.

And yet even these luminaries had other sources of purpose in their lives. Mother Teresa served the poor as part of what she believed was a higher calling. Curie, the Nobel prize–winning scientist, was also a devoted wife and mother (she wrote a biography of her husband Pierre, and one of her daughters, Irene, won her own Nobel prize). And Johnson, beyond his writing, was known to be a great humanitarian in his community, often caring personally for the poor.

Most of us will have multiple sources of purpose in our lives. For me, I find purpose in my children, my marriage, my faith, my writing, my work, and my community. For almost everyone, there’s no one thing we can find. It’s not purpose but purposes we are looking for — the multiple sources of meaning that help us find value in our work and lives. Professional commitments are only one component of this meaning, and often our work isn’t central to our purpose but a means to helping others, including our families and communities. Acknowledging these multiple sources of purpose takes the pressure off of finding a single thing to give our lives meaning.

Misconception #3: Purpose is stable over time.

It’s common now for people to have multiple careers in their lifetimes. I know one individual, for example, who recently left a successful private equity career to found a startup. I know two more who recently left business careers to run for elective office. And whether or not we switch professional commitments, most of us will experience personal phases in which our sources of meaning change — childhood, young adulthood, parenthood, and empty-nesting, to name a few.

This evolution in our sources of purpose isn’t flaky or demonstrative of a lack of commitment, but natural and good. Just as we all find meaning in multiple places, the sources of that meaning can and do change over time. My focus and sense of purpose at 20 was dramatically different in many ways than it is now, and the same could be said of almost anyone you meet.

How do you find your purpose? That’s the wrong question to ask. We should be looking to endow everything we do with purpose, to allow for the multiple sources of meaning that will naturally develop in our lives, and to be comfortable with those changing over time. Unpacking what we mean by “purpose” can allow us to better understand its presence and role in our lives.