Building a Financial Safety Net for Real Estate Success
Release Date: 11/13/2024
Real Estate Myths Busted: Breaking Down the Barriers to Your Investment Journey
Wealthy Women Circle
Episode Summary: In this episode of the Wealthy Women Circle Podcast, Jasmine tackles some of the biggest myths and misconceptions that keep many women from exploring real estate investing. From fears about needing huge upfront capital to concerns about real estate being too risky, Jasmine shares her own journey of overcoming these doubts and provides real-life examples to inspire others. Get ready to rethink what’s possible and take the first step toward real estate investment! Key Points Covered: Myth #1: “You Need a Ton of Money to Start” Jasmine shares her initial belief that real...
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Building a Financial Safety Net for Real Estate Success
Wealthy Women Circle
Episode Summary: In this episode of the Wealthy Women Circle Podcast, Jasmine dives into the importance of financial readiness as a foundation for real estate success. She breaks down the steps needed to build a financial safety net, giving you the confidence to invest without fear of financial setbacks. Jasmine shares the story of her client, Toni, who overcame her doubts by creating a solid financial plan before entering the world of real estate investing. If you’ve been feeling anxious about the risks, this episode will help you lay a foundation for a confident start. Key Points Covered: ...
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Building Legacy and Community Impact Through Real Estate
Wealthy Women Circle
Episode Summary: In this episode of the Wealthy Women Circle Podcast, Jasmine takes us beyond the financial side of real estate and into the world of legacy and impact. She shares the powerful story of her former client, Nia, a single mother and professional who used real estate to create a meaningful legacy for her son and uplift her community. Jasmine breaks down the steps Nia took to build wealth and community impact, sharing stats and insights that highlight just how impactful real estate can be. If you’re ready to build something that lives beyond you, this episode will inspire and...
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Smart Planning
Wealthy Women Circle
Black History Month is almost over, and the second quarter of 2023 is approaching. I've dedicated this last episode to the culture to help us get our finances in formation. As a woman of color, my parents and elders did not play. They stressed the importance of education, financial independence, and having a little something tucked away for a rainy day. In this podcast episode, I'm sharing how we can move past having a little something tucked away to have a lot of something!! Wealth is your destiny, and real estate investing is the key to unlocking it. But to get started, you need to get SMART...
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Investing In Phildelphia's Market
Wealthy Women Circle
The Women, Wealth, and Impact Podcast drops gems weekly on all things financial literacy and building wealth through Real Estate Investing. The gems I drop are applicable state- to -state-- but today's episode is a little different - Today, I'm talking about investing in my favorite city Philadelphia! If you thought Philly was just a foodie's paradise, think again! From its rich history to the many communities that make up this great city, there is much more to Philly than just cheesesteaks. On this episode of the Women, Wealth, and Impact Podcast, I get into the nitty-gritty of...
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5 Easy Steps To Creating A Budget
Wealthy Women Circle
Ladies, it's time to talk about our budgets or lack thereof! So before you scroll past this episode of The Women, Wealth, and Impact Podcast, in favor of an episode that's not so heavy --take a deep breath and keep reading. I know it takes a lot of mental and emotional work to discuss money and budgets, especially if you're tight on both, but I promise you my easy budgeting tips are a game-changer. As a single momma and Real Estate Entrepreneur, I've created a simple 5 step budgeting system that makes it easy to run a household and an empire. In this episode, I'm spilling the tea and giving...
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5 Steps To Investing In Real Estate
Wealthy Women Circle
Calling ALL Women of Color!!! Listen up; we need to chat. Real-estate investing is a topic that is not only HUGELY important but one that I am passionate about. Why? Because I believe that Real Estate is one of the FASTEST and most POWERFUL wealth-building strategies. And I want to see more Women of Color taking advantage of it! Women are often told they're not good investors, but that's not true! Women are excellent investors when they understand the required steps and feel safe asking questions. Real estate can be an excellent investment for women because it offers the potential for...
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Ep: 19 What the Gurus don't tell you !
Wealthy Women Circle
Raise your hand if you've judged your journey through someone's social media feed. In this episode, my client Topaz and I separate the real from the fake. We go behind the glitz, glam, and fluff that can lead to self-doubt and procrastination. This episode was recorded in the field with my client Topaz as she reflected on her long journey to overcoming self-doubt. Listen as she shares her experience of procrastination and buying into the hype. We'll also discuss how submitting to the process and following my signature process helped her to see results. Let me tell you what's on the other side...
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5-Day Challenge Lessons and Wins
Wealthy Women Circle
What happens when you get sick and tired of your own excuses? The ladies who participated in the 5-Day Real Estate Investing Challenge got out of their way and committed five days to learn about investing and financial readiness. Their commitment led to massive mindset shifts and income-producing activities. In this episode, I'm going to share how you can have the same breakthroughs because when it comes to wealth building, there ARE viable solutions to your struggles. So often, we stay stuck because we're afraid of success, but if you're willing to be honest with yourself and commit to...
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3 IMPORTANT Things That You Should Be Looking For When Purchasing an Investment
Wealthy Women Circle
Welcome back! Today, we are creating our Fierce Female Investor Checklist. This checklist includes the first 3 critical investing criteria that I teach and uses when making an investment decision. Also included in this episode is how to silence the inner critic that keeps you feeling like investing is "too hard, too expensive, or too saturated." If you're a lover of checklists, spreadsheets, and actionable plans, let me tell you what's on the other side of that play button: [00:01:54] What you hear and say to yourself influences your behavior; listen as I...
info_outlineEpisode Summary: In this episode of the Wealthy Women Circle Podcast, Jasmine dives into the importance of financial readiness as a foundation for real estate success. She breaks down the steps needed to build a financial safety net, giving you the confidence to invest without fear of financial setbacks. Jasmine shares the story of her client, Toni, who overcame her doubts by creating a solid financial plan before entering the world of real estate investing. If you’ve been feeling anxious about the risks, this episode will help you lay a foundation for a confident start.
Key Points Covered:
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The Importance of Financial Readiness:
- Jasmine discusses why building a financial safety net is essential for making real estate less risky and more manageable, particularly for women who want stability and confidence before diving in.
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Toni’s Story:
- Jasmine introduces Toni, a mid-career professional who wanted to invest in real estate but felt uneasy about the financial risks. With Jasmine’s guidance, Toni created a financial plan and set up a savings and credit improvement strategy to build a safety net that gave her confidence to start.
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Key Steps to Building a Financial Safety Net:
- Understand Your Current Financial Picture: Jasmine explains how Toni reviewed her monthly expenses, income, and debt to make small adjustments for big gains.
- Start Building an Emergency Fund: Toni saved three months’ worth of expenses in a high-yield savings account, providing her with a cushion and confidence.
- Improve Your Credit Health: Using strategies like auto-pay and the debt snowball method, Toni boosted her credit score to qualify for better loan terms.
- Create a Real Estate Budget: Toni developed a specific budget for her real estate goals, including upfront costs, maintenance, and a property emergency fund, which helped her feel prepared for any unexpected expenses.
Takeaways for Listeners:
- Jasmine emphasizes that real estate success begins with a clear, achievable financial foundation. Even small, consistent steps like budgeting, saving, and credit improvement can build a strong base to launch a real estate journey.
Free Download: To help you start building your own financial safety net, Jasmine offers a free “Financial Readiness Checklist.” This quick guide provides practical steps for getting your finances in order, setting up an emergency fund, and working toward real estate goals. Download it here and start building your foundation today!
00:00 Welcome to the Wealthy Women's Circle Podcast 00:09 Laying the Foundation for Real Estate Success 00:21 Financial Readiness: Building Your Safety Net 00:51 Client Story: Tony's Journey to Financial Security 02:20 Steps to Financial Preparedness 04:38 Creating a Real Estate Budget 05:19 Action Steps for Financial Success 06:33 Overcoming Procrastination and Embracing Opportunity 07:22 Free Financial Readiness Checklist 07:38 Final Thoughts and Encouragement
Closing Thought: “Just like Toni, you don’t have to have everything figured out right away. Building a financial safety net is a series of steps, each setting you up for long-term success. You’ve got the vision—now let’s give you the tools to make it real. Keep moving forward, and I’ll see you in the next episode!”