The Money School Created By A Financial Guru & Bestselling Author Who Triumphed To Build Wealth

New York Times bestselling author and financial guru Nicole LapinIMAGE COURTESY OF NICOLE LAPIN

Long-term goals, budgeting, saving, and enjoying small indulgences are a some of the key things you will often hear explored by financial guru and New York Times bestselling author Nicole Lapin. Lapin founded The Money School after a role as an anchor on major television networks where she noticed a large gap in populations that gained access to financial literacy knowledge. The population Lapin desired to support was the former version of her self. The one, the founder describes as: “that girl who was smiling, nodding, and not joining basic money conversations because she was too freaked out and too scared to do it.”

As a first-generation American, Lapin was raised in a household where financial literacy was not primarily taught or spoken of. Growing up, at age eleven, she encountered the loss of her father due to a drug overdose and a lack of guidance from her mother. During this time, Lapin describes seeing her parents primarily make money moves that were not the most ideal. This sparked her desire to write a new trajectory for her future.

By starting from the ground up, Lapin expresses taking any job she could from working at a low salary to accumulating credit card debt, and more. Finally, with determination and grit, she landed a job as a business reporter and it just happened that the role was in the field of finance. While feeling clueless and freaked out about the language of money, Lapin explains that she had to learn the language of money the hard way because her job demanded that she spoke it to the world.

Learning The Language of Money

At the “school of hard knocks” the financial expert, who then was the process of acquiring greater knowledge, details that she encountered a plethora of funny affirmable moments along the way. Through her work, Lapin shares these experiences to challenge others to embrace being comfortable with learning and growing through unfamiliar spaces.

For example, while Lapin was on the floor of the Chicago Mercantile Exchange she gathered her belongings to head to an interview with a few founders. On her way out she recalled her manager asking: “Do you have the P&L?” And she responded: “No” staring with a puzzled grimace. “No, I don’t have to pee,” she thought to herself. In another instance, Lapin describes thinking that a former boyfriend was a garden “hedge manager” given his role at a hedge fund.

To Lapin, money has served as a language to be learned and one that we often don’t realize can serve as the biggest hurdle for bridging avenues to opportunities in our financial lives.

Pervasive Disparities in Financial Education 

Learning the language of money has become instrumentally important due to an ongoing widespread dialogue surrounding the financial literacy education gap in America. Currently, two-thirds of American adults are said not to be able to pass a basic financial literacy test, 54% of Millennials express worry that they will not be able to pay back student loans, and only 16% between the ages 18-26 feel very optimistic about their financial futures.

To counter these disparities at a national scale, Lapin advocates for lobbying for more financial education in our governmental system to bridge what she notes as “a personal budget deficit.” However, in addition to lobbying at the national level, she advocates helping others explore a fundamental piece of the puzzle that they truly can control, which begins with themselves. She articulates this by sharing:

People say all the time I’m freaked out by the stock market; I’m freaked out by all of these things. And all we really have control over is ourselves. This is a deeper component of the conversation because how we each interact within these markets permeates all aspects of our lives.

By founding The Money School, Lapin has created opportunities to support each individual learner where they are in their financial growth journey. Given that so often financial learning exists within traditionally broad topics explored in school such as macroeconomics, by meeting the individual learner where they are in the process Lapin shares practical hands-on tips and tricksfrom writing checks to completing taxes or making a budget.

IMAGE COURTESY OF NICOLE LAPIN

One Solution: The Money School

The Money School is an online community Lapin created where she shares a 12-step plan for helping others get their financial lives together. This plan has been tested in both of her books and the third book due to hit shelves soon. Traditionally, readers and students have found the guides to be easy to follow and iterate upon.

The financial guru and New York Times Bestselling author shares that the first step at The Money School is:

…Admitting you have a problem—and we all have problems—so that you can do something about it. From there, I wanted to create interactive video lessons, worksheets, and quizzes for the school community. Then bring in some cool experts and friends that I know from the business world to help along the way.

Overall, a key goal for the Money School is to rethink the way education around this topic looks. To do so Lapin has broken down finance into a language we often would use daily, like in a meeting with a circle of friends. Similar to friendships, she compares starting a new financial guide to embarking on a long-term endeavor. During the journey, Lapin says it’s “beneficial to set benchmarks and opportunities for small outings and/or indulgences so that you stay on track.”

How to Start Achieving Your Money Goals Today

To start achieving your money goals today, Lapin shares: “We really need to focus on our endgames and goals.” To cover these two areas, she recommends breaking down: 1) a spending plan into three E’s—essentials, endgame, and extras, and 2) goals into three F’s—family, finance, and fun. The Money School founder uses these alliterations to explore how we can look at our goals holistically due to our work lives and personal lives overlapping in numerous ways. In order to achieve true happiness, “we must achieve happiness in all areas,” she shares.

Additionally, when it comes to creating plans for money matters Lapin encourages those who wish to become financially fit to pursue money from a place of aspiration versus deprivation—mentality plays a crucial role in the process. For example, a person aspiring to build wealth settling to clip coupons and digging in the couch for coins may have greater adverse effects than one focusing on creating a savings plan.

As Lapin highlights:

…Figure out where you aspire to go and then reverse engineer your actions. The more I’ve been able to be real, the closer I’ve gotten to reaching my goals and you can too! For me, I had to get to a place where I was super vulnerable, authentic, basically naked, sharing all the stories I wanted to whiteout in the past when I tried to pretend I was perfect. Doing the internal work, only I could do for myself, made all the difference.

[“source=forbes”]

How to become a gear changing guru

How to become a gear-changing guru...

Whether you think you’ve got your gear-changing on lockdown or not, you should read our 6 tips to become the ultimate gear-guru. Let’s go champ.

Start off small

The best way to learn to use a gearbox is to ride a low-power 125 on which you will have to work the gearbox efficiently to make any respectable progress.

Not like this…

What’s happening ahead?

The best gear to use will depend partly on your speed but also what you are approaching. For example, when planning an overtake, a responsive (in other words, lower) gear will give you the power and control to complete a pass quickly and safely. Likewise, when entering a bend a responsive gear will give you good control through the throttle to fine tune your speed as you negotiate the corner and provide acceleration on the exit.

They’re not brakes

Do not, however, use your gears as brakes. Crashing down through the gears on the approach to a hazard is a very crude way to slow and is harsh on the engine and transmission. Instead, slow on the approach by braking or rolling off the throttle and then choose a flexible gear to negotiate the situation ahead. A flexible gear is one in the middle of your rev range that allows you control through the throttle to moderate the speed selected or to accelerate further.

More miles for your cash

Most large-capacity machines nowadays have such flexible and powerful engines that they are still very usable in the higher gears for normal riding. Selecting a higher gear where possible will reduce your fuel consumption and will have the added benefit of giving a smoother ride into the bargain.

Smoothly does it

When riding with a pillion do you ever get head butted by your passenger as you change gear? Try changing up early to smooth the transition from one gear to the next. Also, when riding on a wet road changing up early will keep power inputs smooth and enhance the smoothness and security of your progress.

Give it a blip on the way down

When downshifting, maintain your throttle position or blip the throttle slightly to drop the gear in smoothly and prevent any transmission lurch as the lower gear engages. Gear indicators are a common feature now on bikes and useful for both new and experienced riders as a quick double check and will also prevent you from searching for that mythical seventh gear!

[Source:-motorcyclenews]

Afzal Guru row: 25 JNU students on indefinite hunger strike

JNUSU President Kanhaiya Kumar with Umar Khalid and other students carried torch parade at JNU campus in New Delhi on Wednesday.  Photo: PTI

JNUSU President Kanhaiya Kumar with Umar Khalid and other college students carried torch parade at JNU campus in New Delhi on Wednesday. picture: PTI
New Delhi: corporations of Jawaharlal Nehru university (JNU) college students are sitting on an indefinitehunger strike in protest against the punishments awarded by the university in connection with thedebatable 9 February occasion.

while five protesting college students are from Akhil Bharatiya Vidyarthi Parishad (ABVP), 20 otherstogether with JNU college students union (JNUSU) president Kanhaiya Kumar belong to extraordinarybusinesses.

The hunger strike began in the dead of night after the students took out a torchlight march from Ganga Dhaba to management block, which has been the venue of protest ever due to the fact Kanhaiya becomearrested in a sedition case over the occasion towards striking of Parliament attack convict Afzal Guru in the course of which anti-country wide slogans have been allegedly raised.

Kanhaiya, Umar Khalid and Anirban Bhattacharya, who had been arrested within the case are actually out on bail. The college had in advance this week introduced punishments to numerous students on the ideaof tips of a 5-member probe panel.

at the same time as Kanhaiya has been slapped with a penalty of Rs10,000 on grounds of “indiscipline and misconduct”, Umar, Anirban and Kashmiri pupil Mujeeb Gatoo were rusticated for varied intervals.

Fourteen college students have been imposed monetary penalty, hostel facilities of two college studentshave been withdrawn and university has declared the campus out of bounds for two former students.

“The management concept that if the action is taken for the duration of exams there can be no protests from college students. Please do not query our intelligentsia, we will write our thesis even as sitting on protest and clean our assessments,” Kanhaiya stated.

“This excessivelevel drama of excessivelevel committee changed into the reason in the back of suicide of Rohith Vemula. We do not want to study matters with the aid of dropping our lives but throughpreventing those agendas,” he delivered.

The protesting college students also encompass the ones who’ve no longer been punished however are agitating in cohesion.

“What type of college students does JNU management want? The boot-licking, opportunist, seasonedestablishment, promanagement kinds, who will stand in opposition to their own fraternity, in the wish of being favoured by using the authorities of the day?,” JNUSU vp Shehla Rashid Shora said.

The ABVP members who’re sitting on a separate strike, are agitating traumatic the withdrawal of penalty on Saurabh Kumar Sharma who filed a grievance in opposition to Kanhaiya.

Sharma, who’s the lone ABVP member in JNU students union has been slapped with a penalty of Rs10,000 for blocking traffic.

The ABVP is alleging that the college has equated “nationalists” and “anti-nationals” at the same time asfinding out the punishments and has set a awful precedent by way of criminalising “patriotism”.

The college officers reiterated their stand that the choice changed into made after thorough research with the aid of the probe panel and are according with varsity norms. PTI