Derrick Kinney Answers Your Money Questions: Business, Career, Goals, and Marriage

Starting a Business

• 💡 For those wanting to help a grandchild start a business, the first step is to provide an incentive and make it sound fun.
• 🚀 Consider buying a book or course and offering a gift card for summarizing key points, similar to how one might learn to buy stock.

Increasing Income

• 🎯 If feeling stuck in a job making $70,000, first decide on an exact income goal, e.g., $80,000.
• 💰 The next step is to determine how to make an extra $10,000, whether through a raise, a new job, or a side hustle.

Setting and Achieving Goals

• 🔑 To combat the intimidation of goal setting, keep it simple by setting one goal in five key areas: personal, financial, physical, spiritual/personal development, and business.
• 📈 Establish an incentive for completing difficult tasks to maintain motivation, such as visiting a favorite coffee shop or attending a concert.

Managing Money in Marriage

• 💬 For couples struggling with money discussions, initiate a conversation by acknowledging you're not on the same page financially.
• 🤝 Ask open-ended questions to understand your partner's financial concerns and feelings about money, fostering dialogue without blame.