Increase Your Income Archives

The Money Coach Formula to Trade Time for Money

April 25, 2013 By Camille Gaines Leave a Comment

When I first started my own business as a money coach, delegating was really hard for me. I had learned to delegate in my corporate job, but when it came to the home turf, this turned out to be a more difficult feat. Being raised an independent, money conscious, Southern woman, I definitely have DIY in my blood in a big way. I think a lot of women do. I’ve prided myself on being a DIYer, since it is the essence of independence, or so I thought. What I learned is this: When it comes to home decorating projects during play time, DIY can be great fun! When it comes to overall life and … [Read more...]

Excuses from a Money Coach

March 20, 2013 By Camille Gaines Leave a Comment

As a business and money coach, I’ve realized that “reason” is usually a pretty good synonym for “excuse”. I’m certainly not excluding myself from this convenient but slippery word swap. For example, is not having enough time really the reason that I regularly run about five minutes late, or end up having to put on my makeup in the car? (Anyone else do that? It’s actually a pretty good time saving trick, but only if you expect several stop lights!) Is “not enough time” the reason I almost always leave my vanity messy when I dash out the door in a rush? “Not enough … [Read more...]

Is Your Money Getting Some Good Love?

January 30, 2013 By Camille Gaines 2 Comments

Are you loving your money? For some strange reason, the answer to this question conjures up feelings of guilt and shame for many people since it probably seems like you do love your money. But isn’t it wrong to love your money? What’s wrong is loving money itself beyond anything else, and sacrificing all of aspects of your life in the endless and obsessive pursuit of money. Money is a tool that can be used to do wonderful things. Money provides food and shelter for you and your family; it can help others in huge ways. As you know, the list of what money provides is endless, but … [Read more...]

Are You Taking This Incredible Opportunity to Live Rich?

December 19, 2012 By Camille Gaines 1 Comment

What Are the Small Business Possibilities for You?

“If I borrow from my investment account to create a new income stream, then would I have to pay that money back?” This was a question asked after I spoke at women’s small business conference recently about creating new income streams to grow wealth. It beautifully summarizes the way many people compartmentalize the elements of money. Of course you want safe money tucked away to grow. That nest egg is what allows us to sleep at night and live with peace. But, let’s shift our minds to asking what’s possible. What if you “borrowed” $ 3,000 from your investment account and … [Read more...]

Are You Compartmentalizing Your Money?

December 12, 2012 By Camille Gaines Leave a Comment

One of the most important concepts with investing your money and time is that of Return on Investment, or ROI. This is something that we naturally do in most areas of our lives. For example, assume that you’re invited to go on a vacation with friends. Your mind probably immediately goes to the following questions: Will I enjoy the trip? Do I enjoy time with these friends? Will we be doing activities that I really enjoy? How much will it cost? Will it be worth the time away from work? In the end, your assessment will be whether the benefits from the vacation will be more than … [Read more...]

4 Tips To Rekindle the Flame…Income Flame That Is

December 6, 2012 By Camille Gaines Leave a Comment

Recently I had the opportunity to visit Dogpatch Labs while in New York City. Dogpatch Labs is a creation of Polaris Venture Partners, a leading venture capital firm that provides an incredible free environment where startups can get support, and work alongside others. Think big; Polaris Venture Partners has provided $190 million in funding through Dogpatch Labs companies since 2009. The beautiful second floor old brick office loft was buzzing with energy and excitement, along with the smell of delicious food being prepared in the fully equipped kitchen to keep the business creators … [Read more...]

3 Simple Steps for Wealth Building You May Be Overlooking

November 29, 2012 By Camille Gaines 7 Comments

The naked truth is that most women need to create additional income streams to rebuild their wealth. The answer to financial freedom for life doesn’t lie in earning 8% or even 10% annually on a traditional retirement account unless that retirement account is into the millions; this varies, of course, depending on age and lifestyle. Sure, it’s super important to understand any investment that you make, but what I am seeing from working with women who are struggling to put aside money to grow every month is that increasing income provides the means to accomplish wealth building. … [Read more...]

Could You Use Another Income Stream?

November 20, 2012 By Camille Gaines Leave a Comment

One of the most powerful ways to catapult your financial journey is by increasing income, as regular Financial Woman readers know. This can almost always be done once you develop an expansive mindset. A great place to start is instead of saying “I can’t afford it” ask yourself “How can I afford it?” Many women wait to take action to create a new income stream because they think that they must have all the answers first. Does this ever happen with anything in our lives? We learn and adapt as we go, whether it’s for parenting, a home remodel, or a new income method. This is the … [Read more...]

What’s the Icing on the Cake When Starting a Business?

November 14, 2012 By Camille Gaines 2 Comments

What’s the icing on the cake for entrepreneurs? Increased cash flow is what allows us to live richer and increase our savings accounts; the icing is the ability to improve both sides of that cash flow equation when starting a business by taking advantage of special tax benefits for entrepreneurs. Tax laws were created to encourage starting a business to promote small business growth, and hence stimulate the economy. These laws allow business owners to deduct costs related to their business from income. Income taxes are often an individual’s largest expense, so this deduction can lower … [Read more...]

Happy, Guilty or Shameful about Your Money?

November 1, 2012 By Camille Gaines 4 Comments

Last week at the Texas Conference for Woman I had the pleasure of hearing Dr. Brenè Brown speak for the second time after hearing her speak at my son’s son several years ago. Brenè’s success has catapulted since her Ted Talk went viral. Her years of research on the topic of women and their emotions, especially around guilt and shame, offer us insightful avenues for personal growth. Since guilt and shame are powerful obstacles that frequently block the path to financial freedom, I especially enjoyed a recent Austin Woman magazine’s article featuring Brenè. Below are some of my … [Read more...]