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Review from Until No More on Goodreads.com:

If you are the type that was never really scared of finances but kind of veer away from them because it just seemed boring and overly complicated. Then have no fear because the Financial Expert Author Shay Olivarria is here.

I purchased this book, read it and when I was done, I can honestly say that I felt very different about my finances in a good way. I know the book reads 10 Things College Students Needs to Know About Money but the truth is everyone can benefit from this book. So in a nut shell:

This book is funny, an eye opener, light but all in all everything you need to know. Now, usually I’m not one to say “go get this book” but seriously if you don’t have it go get it, especially if you care about you and your family’s financial future.

It had sure change my life!

Until…

Don’t have access to the Kindle Library? Buy it here.

Cal State Long Beach

On Thursday, September 22, 2011 Shay Olivarria gave a wonderful presentation on “I Don’t Have Money to Save … and 5 Other Myths About Money” at Cal State Long Beach.

The participants really enjoyed the event. From the evaluation:
“It was awesome.”
“Love your attitude.”
“Gotta get a credit union.”

We’re still working on editing the video, but it’ll be up soon.

Read what a student said about the event.

If you’d like to book Shay to come speak at your college or other event for youth, please call (323) 596-1843.

Shay Olivarria is the most dynamic financial education speaker working today. She has written three books on personal finance, contributes to multiple online media platforms, and is a foster care alumni. She’s been quoted on Bankrate.com, FoxBusiness.com, and The Credit Union Times, among others. Visit http://www.BiggerThanYourBlock.com to find out more about her work.

Are Women Waiting on Prince Charming?

Really?

I keep running into all these websites, blogs, etc. providing specific financial education for women. Many of the articles, posts, what-have-you seem to be focused on explaining to women why they need to plan financially. Are women still caught up in this I-don’t-have-to-be-proactive-about-my-money-because-my-husband/boyfriend/partner-will-do-it-for-me stuff?

As a woman that grew up in the booming 80’s and progressive 90’s it never occurred to me that I should be waiting for anyone to take care of me. All my heroes took care of themselves, both female and male. I grew up knowing that I would graduate from college, helm my destiny, grow my retirement fund, and create happiness for myself. Is this not true of all American women my age? Do we really need to be told that it’s important to be fiscally savvy?

I’m crazy, so maybe this is an area that I’ve overlooked. I put it you: women, what did you think your life would like like as an adult when you were a teen? How have you taken care of financial planning as an adult? Does your life look the way you thought it would?

Share your thoughts in the comments section below

Shay Olivarria is the most dynamic financial education speaker working today. She has written three books on personal finance, contributes to multiple online media platforms, and is a foster care alumni. She’s been quoted on Bankrate.com, FoxBusiness.com, and The Credit Union Times, among others. Visit http://www.BiggerThanYourBlock.com to find out more about her work.

Join the discussion

Your Job is NOT Your Wealth

New article from the Money Matters series on BlackVoiceNews.com:

I’ve run across many people that seem to think that having a job is the best way to create financial stability. I’m aware that it’s a common idea, but it always floors me when I hear it. Owning a business and having passive income are much better ways to create financial stability for you, your family, and your community.

Let’s look at the idea that your job is a stable source of income. Ha! Your job is not as stable as you might think. We all know people that have been laid off for no reason other than it was best for the company’s bottom line. You will be hired or fired based on the needs of the company. Your employment, from the business’ perspective, has nothing to do with your needs.

What about the idea that having a job brings in “good” money? A job provides x amount of money for y amount of time. Usually you’re trading your time for a specific amount of money without understanding the affect our specific work has on the company’s overall bottom line. Businesses are in business to make money, so it makes sense that whatever amount you are being paid is obviously much less than that work is actually valued at.

A job is a critical piece for most people, but not because of the reasons that most people think. A job provides

…. click here to read the whole article.

Click here to check out all the articles from Shay on BlackVoiceNews.com.

5 Most Common Mistakes College Students Make

As students get ready to go back for the fall semester of college, I thought it would be a great time to take a moment and share some tips for saving a few dollars and getting started on the right financial foot. This is an article that I wrote for HBCU Digest.

Read the full article here.

Love my articles? Don’t forget to come out and see me as I drive cross country to spread simple financial literacy tips in a 1994 Ford Aspire.

Keep Your Credit Score High: Create Fewer Hard Inquiries

When talking about financial literacy, credit scores come up often. Credit scores are made up of complex algorithms that take many behavioral aspects into account. It might seem complicated, but there are only five main parts of a credit score:

– Payment history
– Debt ratio
– Types of credit used
– Length of credit history
– Inquiries

Today, we’re going to talk about inquiries. There are two common types of inquiries on your credit score: “hard” inquiries and “soft” inquiries.

Hard inquiries are when you allow a institution to check your credit score or “run your credit” in order to decide if they will extend you credit. When you allow an organization to make a hard inquiry on your credit report there will be a notation made on your credit report that will stay for two years. The fewer the hard inquiries on your credit report, the higher your credit score will be. Only let organizations that you really want credit from to check your credit score.

Soft inquiries are when you pull your own credit report and/or scores. There is no downside to taking a look at your own credit score. Now, you can pull your credit reports, not scores, for free. Knowing what’s going on will often empower you to make changes or give yourself a pat on the back. Many times credit scores are higher than you thought.

Keep in mind that there are three major credit reporting bureaus in the US. To get an accurate picture of your financial health you’ll need to pull reports and scores from all three bureaus for $40.

Read more about credit scores and reports in Money Matters: The Get It Done in 1 Minute Workbook and 10 Things College Students Need to Know About Money. Check them out.

Teens Want It

According a study conducted by Charles Schwab, “nearly 9 in 10 say they want to learn how to make their money grow (89 percent). Two-thirds (65 percent) believe learning about money management is ‘interesting,’ and 60 percent say that learning about money management is one of their top priorities.” Do you know what that means? Young people want to learn about spending plans, acquiring appreciating assets, and creating emergency funds.

Order 10 Things College Students Need to Know About Money on Amazon. Click the photo for more information.

The key to guiding students is making all the tried and true information about personal finance apply to every day life. It’s not that there are any new ideas about money management under the sun. Oh, there are folks that will try to tell you there are. Those folks are liars. The same old strategies work the best:

Don’t spend more than you earn.
Put your money into appreciating assets.
Invest for retirement as early as you can.
Etc.
Etc.

The challenge is getting these stogy old ideas to the younger generations in a fresh way. You’ve told your students/children/relatives to set goals for themselves, right? Have you every put it in the context of rapper 50 Cent’s career? You’ve talked to them about creating a budget, but you explained the merits of spending plans? Sometimes it’s not what you say, it’s the way you say it. You think they’re not listening, but they are. You think they don’t see your behaviors, but they do. Teens want to know more about financial literacy. Meet them half way.

May Newsletter

In case you missed it, here’s the May Newsletter. So many good things are going on that I had to make a video! My second book on personal finance will be available soon, my new eBook “Guerrilla Financial Tactics’ has been downloaded almost 700 times, I’m giving they keynote at Become New’s Money & Emotion event, I’m speaking at Greater Mt. Olive’s Juneteenth event, and I’m looking forward to teaching Master Your Money: Increase Your Credit Score & Decrease Your Debt at Riverside Community College.


View the May Newsletter here.

10ThingsCollegeStudentsNeedtoKnowAboutMoneyBookCover

$15 available from Amazon.com

HBCU Digest Column – Ignorance is Bliss

This month I began writing for HBCU Digest. I’m really concerned with providing financial education to students at HBCUs. These colleges and universities graduate half of the Black professionals in the US. It makes no sense to prepare these students to get a good job and not educate them on how to handle the money they will be earning.

Every month I’ll post financial education tips, musings from my work at HBCUs, and answers to questions from students at HBCUs. The first column is titled “Ignorance is Bliss”.

Be well.

June 26th – Master Your Money at Riverside Community College

Shay Olivarria is teaching Master Your Money: Increase Your Crdit Score & Decrease Your Debt June 26th at Riverside Community College.

I’m thrilled to be facilitating Master Your Money: Increase Your Credit Score & Decrease Your Debt at Riverside Community College.

Course Description: This class will keep you laughing as we look at a tough subject. We’ll help you understand your debt management strategies and credit scores using Money Matters: The Get it Done in 1 Minute Workbook to create a specific plan to reduce debt and increase your credit score. You will create a debt management plan in class and leave with specific, measurable, attainable, realistic and timely action items to help you take control of your finances.

Saturday, 10:00 am – 1:00 pm; 1 session on June 26, 2010

Tuition: $49.00 Materials Cost: $15.00

Instructor: Shay Olivarria

Location: Riverside City College

Sign up for the class now!

Money & Emotions May 29th in Carson, CA

Shay Olivarria will be the keynote speaker at this event on personal finance in Carson, CA.

I’m really looking forward to giving the keynote address at the money & emotions event hosted by Become N.E.W. on Saturday, May 29th in Carson, CA.

Become N.E.W. says

Join N.E.W for another EMPOWERING event! This is a financial workshop. Addressing our relationship with money and learning valuable skills in overcoming emotional spending and remaining financially stable in a struggling economy.

Shay Olivarria will lead our Financial Workshop. http://www.ShayOlivarria.com

Lester Barrie will host this event. http://www.lesterbarrie.org

Comedy relief by Comedian Barry Brewer. http://www.myspace.com/barrybrewerthecleancomic

There will be other speakers and presenters as well as additional treats and surprises to make this a very memorable and EMPOWERING event.

Can’t wait to see you there!

Please RSVP today to SAVE THIS DATE!! :o)

Money Matters: The Get It Done in 1 Minute Workbook and 10 Things College Students Need to Know About Money will be available at the event.

See you there!

April is Financial Literacy Month – 50 Games to Play FREE

Since April is Financial Literacy Month I’ve invited a few folks to share their blogs with my readers throughout the month.

I love working with youth around financial literacy. To remind us that personal finance is not all series business here are 50 games that you can play with your child to help them understand financial literacy.

Don’t forget to purchase a copy of Money Matters: The Get It Done in 1 Minute Workbook at a 25% discount (use code XS8K4YGX). Spread the word that financial literacy is power! Buy a book for a friend and a relative.

Each one teach one.

Cash Savvy Kids FREE Teleseries

I’m so excited that I’ve been invited to be a part of the Cash Savvy Kids Teleseries hosted by Raising CEO Kids! You’ll be able to listen to experts in the field of youth development and personal finance April 28, 29, and 30 talk about strategies to help your kids become cash savvy.

Each expert will provide an audio interview about their area of expertise and some great bonuses just for registering.

I’m giving away a bonus worth $20! Register now to get access to:

* Three Checklists: Adult, Student, Teen.
* Learn what you need to do now to take control of your finances.
* Use the Checklists to figure out what areas you need to work on.
* Use the Checklists with your children to help them better understand personal finance.

Phone Apps You Need

It’s important that we manage our money effectively and efficiently. I’ve said it before and I’ll say it again, “its not how much you make, it’s how much you spend”. I’ve created a list of a few phone apps that are:

– Cheap
– Effective
– Easy to use

Take a gander at these puppies.

Budget

They say, “Budget helps you track your spending and keep to a budget. You can easily see your total income and your total expenses for a period, plus which expenses you are spending the most on and which expenses you are going over budget on.”

I say that everyone needs to have a spending plan and there’s nothing like having your personal finance information at your fingertips. Using this app is a small change that will make a huge difference in your personal finance outlook… if you use it.


Compare Me Shopping Utility

They say, “WAS FEATURED BY APPLE IN “WHAT’S HOT” Did you ever shop at Sams, Costco or online at Amazon? Then CompareMe may help you to save money! CompareMe lets you compare products in different sizes and even in different packs.”

I say it’s an easy way to help you find out which buy is the best deal. Who knows if the $2 can at 16 oz. is a better buy than the $2.30 can at the 20 oz.? The Compare Me Shopping Utility knows.


iCredit Calculator

They say, “In the 1.2 release of the iCredit Calculator, the calculated repayment results can be generated into a PDF document that you can then e-mail as an attachment from your phone.”

I say this is a must have tool. When you’re out shopping and think, “i’ll put it on my credit card” this handy dandy tool will be there to help you find the true cost of those purchases. Small purchases really add up and effect your credit.

Bank of America Mobile Banking

They say, “Mobile Banking allows you to check available balances, pay bills, transfer funds or locate ATMs and banking centers on-the-go. It’s fast, easy and convenient. It’s a free service and available to Bank of America Online Banking* customers.”

I say it’s a great way to monitor your accounts on the go. The days of sitting at home balancing your checkbook are long gone for most of us. Why not have access to your accounts 24 hours a day, so you don’t end up with overdraft fees. Be honest… you know you take your phone everywhere you go. Now, you’ll have your personal finance information as close your music playlists!

Bloomberg

They say, “Bring the power of the most trusted source for financial information to your iPhone, along with tools to help you analyze the world’s markets.”

I say it’s a great free app that helps you toy around with financial market information. If you’d like to know more about stocks and how they work why not download an app from one of the most trusted financial sites in the world. Get this, it also comes in Chinese, French, German, Italian, Japanese, Korean, Polish, Portuguese, Spanish, Ukrainian. Nice!

What apps do you use for personal finance?

Shay on Black Authors Network Financial Wellness and Awareness Discussion

In case you missed me on Black Authors Network’s Financial Wellness and Awareness Discussion, here it is. My portion begins at the 1.5 hour mark. I was featured for about 45 minutes.

There were two other authors, Ash Cash and Jennifer Mathews, featured on the show as well. I believe all our books can be found online at Amazon.com.

I’ll also be featured in Black Pearls Magazine in March.

Want to hear more radio shows featuring Shay? Visit Bigger Than Your Block and catch me on the Terryl Ebony Show, the Hollis Chapman Show, and the Cheap Cheetah Show (twice!).