The following is some great advice for you on making sure you follow good money management!!  READ ON!!

The number one reason Consultants quit Mary Kay is poor money management. They are not making money or their husband is not seeing the money, etc.   Thanks to our Sr. Lynda Krobath for sending this to us.

Here are 10 tips to becoming FINANCIALLY FIT!

1. Get your inventory up to it's proper level..............$3600 wholesale minimum. There is more confidence in this business when you know you have the product they want. Then you book more.

2. STOP TRADING! You waste time and impose on your sister Consultants. They need their inventory for their customers.


3. Stop placing small orders that costs you $8 each time and cut into your profits. Place a larger amount order once or twice a month instead of 4 small orders in a month. That costs you $32 in shipping fees. (You can only do that when you have enough product on your shelves to get you through till your next order.)


4. Use your credit card or get a bank loan - however you can  (i.e., a co-signer, 401K, personal line of credit, etc.) Remember the 90%  buy back guarantee? It's a win-win situation. I prefer the loan - it is a one time SET payment with lower interest.

5. You need to get off the credit card interest merry-go-round. Use your credit card ONE TIME to get your products at a Profit level, with the understanding that you never use it again and open a checking account that is attached to a debit card so all your Mary Kay sales are deposited into this for replacing sold product, paying the loan or credit card off and OF COURSE Taking a pay check to pay down personal debt or SPEND on things for you and your family.  
VERY IMPORTANT NOTEl Personal credit card debt cannot be taken off your taxes.  Your inventory/business expenses interest can. Be financially wise and get rid of the high interest personal cards first.

6.
. Consistently hold appointments EVERY WEEK (2-3 each week) week-in, week-out just like you would if you were an employee of your company! Consistently no matter what, no "yeah, buts" and no "what ifs." Create the cash flow you want and deserve for yourself and your family!
You will be selling $400-$600 each week!!!  That would be $1600-$2400 deposited into your account each month. ........Or $800-1200 profit to yourself each month!!! You can afford to make a loan payment! That's profit from 2/3 classes per week (3 to 6 hours a week). Consistency is the key here - every week.

7. Make the Perfect Start (15 faces in 2 weeks) or your Power Start (30 faces in 30 days) your primary goal........whichever is the best beginning for you. Build on it!

8. Don't look back..........keep focused FORWARD!  Look at what your possibilities can be next week, next month, etc.

9. Commit to doing your part of the deal and God will take care of the rest. Be disciplined to do what needs to be done.

10. See yourself as the successful, smart, financially fit business woman that you are and deserve to be forever!  Dress for the success that you are becoming!!!