I woke up this morning with renewed energy and a sense of well-being.  No, it isn’t a TGIF thing.  What is it you may ask?

It’s called volunteering.

Last night I volunteered for Yappy Hour. Yappy Hour is a monthly event held for a local animal shelter (no kill) at World of Beers in downtown St. Pete, FL.  What fun did we have. The stars of the night were four shepherd mix puppies.  Hashtag:  adorable.  Our audience came from all around, including the volunteers.  A Coast Guardsmen from Jax, other in-town visitors, just moved to the area folks, night out on the town folks, you name it.  We had fun.  And, the night ended with a blessing.

One of the critters was adopted.  I decided to make the rounds around the bar outside and let the patrons know about our success.  There were three dudes hangin’ out drinkin’ beers.  I made a point of letting them know that part of the proceeds from their beer purchases went towards the charity.  They obliged by ordering another round.   Good for charity and good for World of Beers.

At the end of the Yappy Hour, the dudes were still there and I shimmied on up to them and let them know that the night ended well with an adoption.

Guess what happened next?  One of the dudes hooted and howled and the expression on his face was priceless.  He was exuberant!  These guys were not attending the Yappy Hour, they were innocent bystanders (patrons) of the bar.  The overwhelming sense of doing good is contagious, to say the least.

A precious animal gets to go home to a good home and bar patrons are exuberant.   Wow!

It doesn’t get much better than that.  My night of volunteering was joyous.

Here’s my take on volunteering:

1) Make it a part of your wealth accumulation strategy.
2) It promotes self-confidence and elevates self-esteem.
3) Like saving and investing, Volunteering is healthful.
4) It may give you a chance to practice your “Elevator Speech”.  This is key.
5) It counts as a networking event.
6) It contributes to the local economy; and finally,
7) You may just save a life!  Yours or someone else’s!

Get busy volunteering.  Because it’s about life and how you live it!

In the spirit of financial well-being,

Paula Cashflow

Spring Cleaning for your finances

In the Spring, I look at specific areas of my financial plan.  Now is a good time, because taxes have been paid or refunded, holiday spending has been paid off and we’re better prepared to reinforce savings and investing goals.

I’m going to step it up a bit as compared to last year’s Spring Cleaning blog.

Here’s a macro Spring Cleaning list for your finances: Continue reading Spring Cleaning for your finances

Birth of a Salesmen

There’s not a day that goes by when I don’t see a need to assert myself in some way or another.  Either in my personal relationships or business relationships or both.  As the introvert that I am, I still continue to struggle with reaching out and establishing connections.  It is these connections, however, that can result in long term positive and sustainable relationships.  Many times these connections and relationships can be financially beneficial. Continue reading Birth of a Salesmen

Christmas without Credit Cards?


You betcha!!  We can do this and forever change Christmas and give new meaning to Happy New Year.  It’s March and it’s time.

I did something last week that I’ve never done previously.  I opened up a Christmas savings account at a local Credit Union (CU). I’m earning 2% on my deposits (maximum deposit of $4k) up until November of this year.  In November, the CU will close the account and send me a check for the balance in the account and cha ching, my Christmas spending has been financed with all equity (in this case cash), instead of all debt.  That’s corporate finance lingo for raising the capital to fund a project.  The “project” is Christmas. Continue reading Christmas without Credit Cards?

My Night at the Oscars

Is it safe to say that winning an Oscar is the equivalent or better of your boss giving you an “exceeds expectations” on your annual performance review?

Well, I would hope so.  But that’s not to say that not winning an Oscar means that your performance review would indicate that you only “met expectations”.  After-all, Bradley Cooper is getting closer to the big guy each year.

But here’s what winning an Oscar does give you?  The big stage.  A platform.  An audience.  A learning opportunity.  And, a wealth building opportunity. Continue reading My Night at the Oscars

Stay-at-home Moms and Dads

Want to build wealth?

Tax time is right around the corner.  Right?  This means either paying more tax (Yuck) or getting a refund (Yeah).  Whatever it is, I have the answer that will have you saying Yahoo.  It is one of the least written about financial tools out there and one that all non-working spouses should start embracing. Continue reading Stay-at-home Moms and Dads

Avoid these Financial Pitfalls

Paying attention to the details

Attention to Detail has been part of my playbook for many years. In addition to benefitting my career, I have found that Attention to Detail can benefit your finances too. Oftentimes, our past ways of handling major financial decisions has involved overlooking some of the finer details, resulting in a loss of cashflow or net worth. In fact, I know from personal experience that many companies use Attention to Detail as a benchmark to determine who they will hire. Why not use Attention to Detail when making big financial decisions? See if any of the following examples ring familiar. In the spirit of your future financial well-being, read on and let me know your thoughts. Continue reading Avoid these Financial Pitfalls

Five C’s of Credit

The Five C’s of Credit

My career has spanned both personal finance and corporate finance.  It even included a six year stint in banking.  If you’ve been following Paula Cashflow’s journey, then you already know I’m big on takeaways.  A takeaway is something that you learn from a particular situation, person or experience that could create future value in your life. Continue reading Five C’s of Credit

Building Wealth using Baby Steps

Building Wealth using Baby Steps

The Power of Compounding

If you’ve ever taken a Pilates class, you know that Pilates is all about working your core.  I’m always amazed when the Pilates instructor says that strengthening your core is done with small and steady poses or movements using your core. The core can be described as the area from the bottom of the rib cage to a line across the hip joints in the front and to the base of the buttocks in the back. Continue reading Building Wealth using Baby Steps

What to do with your raise in 2015

When it’s not possible to live beneath your means, choosing the next best thing like living within your means is a good thing.  It took me years to have a surplus at the end of the day.  But it is achievable.  In the meantime, there are some valuable things you can do to move up from living within your means to living beneath your means.  The New Year is the best time to get started. Continue reading What to do with your raise in 2015