Teh Financial Coaching
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My Musings

Top 7 signs you have a good relationship with money

4/23/2020

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Do you think you have a good relationship with money?

Having a great relationship is critical to being successful around money!

Below are the top signs that you DO have a good relationship.

1.  You pay attention to money and know where it goes.

   
      People who do not want to see where their money goes typically have had a traumatic experience around it. Remember, what you don't heal will keep coming up. Think of it as a wound, if you have a wound, do you think not paying attention to it would help? 
      How do you start paying attention? Start with a budget! It is so important that you have a budgeting system that works for you. If you don't know where to start. I have an easy online affordable online budgeting course  to get you started!

2.  You feel good when you think about money

      When you think about money, you don't feel stressed. You don't lose sleep and have a general sense of peace whenever you think about money because you have done your best to take care of money's needs. Yes, some stress might come up, especially with the coronavirus going on lately but it doesn't sway you.

3.  Your money is working for you without the need to micromanage it

      It's not rocket science to know how investments work and to learn how to make money work for you. The assumption that you have to constantly micromanage your money for it to grow is a myth. You also don't have to pay someone a lot of money to learn how to manage your own finances.     


4.  Your money got your back

      Because you have taken care of money and make sure you met money's needs, money will take care of you back.

5.  You’re not afraid of economic downturns 

      Whether you get laid off or recession happens like right now. You don't lose sleep over it. I also wrote an article regarding being laid off.

6.  You have regular money dates to check in with each other

      This is where having a budget comes in! You check in with you budget regularly and when you have to buy something new, you confide in your budget.
       Don't have a budget? Check out my course. 

7.  You’re not afraid to work out any issues with money

      Let's say you are in debt or things came up this month that you have to spend more money. What should you do? Most people just charge it to their credit card and then deal with it after. You don't want to do that. You have to look at your budget and plan it out. How can you pay for that extra expense? What do you have to move around in your budget to do that? Do I have enough savings to pad this negative month? Can I make the negative cash flow this month in the following month?
      You can't be afraid to ask yourself these questions and deal with it right there.

Having a great #relationship with money is important. 

This is one of the foundational part of the coaching work I do for my clients. 

Anything else you would like to add to the list above? ?

Enjoy my post? Subscribe below!
​
Christine Teh is a personal finance coach who lives in Silicon Valley and serve clients virtually. She also offers tax preparation and consulting services and LinkedIn coaching as well.

Schedule a complimentary chat now to see if my financial coaching service is right for you!
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Money tips for young professionals starting out

4/21/2020

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I had the pleasure of having a chat with Theodore Glave.

Theodore is a coach and founder of The Priority Process, which provides resources to help young professionals grow their careers and manage their priorities.

He reached out to me a few weeks ago for a video chat about what money tips I have for people who just started their careers in corporate.

It was a fun conversation, below are some of the topics we talked about:

  • When do we start talking or teaching about the concepts of money to people?

  • What is the foundation of financial literacy? How does one get started on budgeting? (I have a course around that)

  • How much money do we really need for retirement? Understand the different ways your retirement income is being taxed.

  • How should people start allocating their money when they just started their career?

  • My opinion about life insurance.
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  • What’s the best thing you can do for yourself financially when you just got out of college and got your first job?

Plus others….

Check out the video and let us know what you think or if you have more questions. ?

Christine Teh is a personal finance coach who lives in Silicon Valley and serve clients virtually. She also offers tax preparation and consulting services and LinkedIn coaching.

Schedule a complimentary chat now to see if my financial coaching service is right for you!

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Money is the root of so much AWESOME!

4/21/2020

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Contrary to popular belief, money by itself is neither good nor bad, friend nor foe, filthy nor clean.

Money is just a unit of measurement used in the act of giving or receiving.

It is just a tool, what you do with it and how you think, feel and speak about it gives it a
personality.

And depending on what personality you give it, you’re either going to want to surround yourself with it or stay away from it.

Which is why if you think money is bad or dirty, and reinforcing those thoughts by speaking badly about it, is one of the leading causes of staying broke.

So, say with me    👉🏻   “ Money is the root of so much AWESOME !!”



Christine Teh is a personal finance coach who lives in Silicon Valley and serve clients virtually. She also offers tax preparation and consulting services and LinkedIn coaching.

Schedule a complimentary chat now to see if my financial coaching service is right for you!​
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What is your happy money number?

4/15/2020

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“Do you make more money than when you were at corporate?”

So someone asked me this in a comment on a post I did yesterday on LinkedIn.

And here’s my direct and honest answer.

I don’t need to make that much money to live a lifestyle I love.

Too many people are in the rat race because they don’t know what their “happy money number” is.

That’s what I help my clients figure out.

My happy money number is being able to live a lifestyle I love till I'm 90 when I estimate to expire. 😅
I have built my retirement model around this.

Yes, the corporate life was hard to give up, I had amazing benefits and a nice steady paycheck. 200% match on 401K anyone?
But as I look back, I have no regrets!

I have had so much freedom this past year.

I get to pick my own schedule, create my own rules.

Nobody to ask for permission. Ever had those awful bosses and nonstop re-orgs? Yep, I don’t miss them! I remember right before I quit my job, I was bounced around three managers. I hated having to adapt to a new boss at such a short span of time (within a year).

I definitely love being my own boss!

It’s just a dream come true for me and that’s priceless!

I’m also approaching my one-year anniversary.
My last day at Corp was on May 3rd of 2019.

I even wrote a blog how my first month being on my own went.


Christine Teh is a personal finance coach who lives in Silicon Valley and serve clients virtually. She also offers tax preparation and consulting services.

Schedule a complimentary chat now to figure out your happy money number!


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Being happy on a budget

4/9/2020

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I had a great time talking about money and budgeting with Laura.

This is why networking is important. We got connected awhile back on LinkedIn.

In this podcast, we talked about

🧚🏻  Learning how to manage money and how to stop thinking budgeting is a yucky word
🧚🏻  Love money and it will love you back
🧚🏻  Building a healthy relationship with money
🧚🏻  How to be smart about money when you’re starting out as an entrepreneur

Laura L Bernhard is the host of the No Formula Podcast as well as a B2B marketer. She helps businesses amplify their digital presence and streamline processes to help save time and money. You can reach out to her directly for any inquiries.

The No Formula Podcast offers a glimpse into the lives of real entrepreneurs who possess a variety of experiences and backgrounds.
Through raw conversations, there is a focus on their journeys and the lessons they’ve learned along the way.

Join host Laura in this episode interviewing Christine as she confirms that there is no one formula to success.

If you’re new to budgeting or never done it, I have an online course that’s super easy to follow. It’s what I use for myself and what I teach my clients as well. 

If you enjoy the podcast and this content, follow ​or connect with Laura L Bernhard and Christine Teh on LinkedIn.

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  • Home
  • About Me
  • Work With Me
    • Financial Coaching
    • Budgeting Workshop
    • Tax Services
    • Business Coaching
    • Get Unstuck Adhoc Session
  • ONLINE COURSES
    • Budgeting Course
    • Tax Planning 2024 Course
    • Heal Your Relationship with Money Course
    • LinkedIn Course
  • Blog / Vlog
  • My Podcast
  • Free Resources
  • Testimonials
  • Contact