EP 382 | Making your money work FOR you featuring Penelope Jane Smith

Penelope Jane Smith is the premier financial freedom mentor for entrepreneurs and the go-to expert for some of the biggest names in the conscious business industry. She is an acclaimed international speaker and certified trainer with over 20 years of teaching experience, the author of the Little Book of Prosperity, and the creator of Prosperity Coin, the world’s first cryptocurrency designed to support financial freedom for women entrepreneurs. Her unique magic is to support entrepreneurs to become financially free in 5 years or less with $10,000+ per month in passive income so they don’t have to depend on their business, a job, a partner, the government, or anyone else for money.

TAKEAWAYS:

• Shift your money mindset. People sometimes become too focused on the income side of their business thinking they just want to make more money or hit 6 figures in their business. More income is great, but you want to change your mind from supporting yourself to creating wealth and financial freedom. 
• Create a vehicle for money growth. Instead of staying in the “make money world”, trade it for the “grow money world”. Make the money work for you instead of you working for the money. One way to do this is investments. We discuss a couple ways to do this in the podcast episode. 
• Have the right money systems. It doesn’t matter your income or profession, if you have the right money systems, you can set yourself up for financial freedom. One tip to do this, is to actively save your money. You can even set it up so that the money you want to save transfers automatically to some sort of savings account. 

RESOURCES:

Visit the blog post that goes along with this episode for more resources

Download Penelope’s The Financial Freedom Formula eBook, where you’ll discover exactly what it will take for you to become financially free, the two types of passive income, and how to get more of each!

Grab your FREE ticket to Financial Freedom 101, Penelope’s signature virtual event

Grab a seat in the upcoming Sell on Autopilot Masterclass

CONNECT WITH ALLISON:

Follow Allison on Instagram

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Music courtesy of www.bensound.com