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The Money Nerve College Scholarship Opportunity

The Money Nerve College Scholarship Opportunity

Money Nerve College Scholarship

Bob Wheeler, Author of The Money Nerve: Navigating the Emotions of Money, and founder of RWW CPA, is proud to offer a $500 Money Nerve College Scholarship opportunity to students majoring in Accounting. I am a proud alumni of Rhodes College, located in Memphis, TN. Although I cobbled together a variety of financial scholarships and financial aid, I loved my education experience, and have a successful career today, despite being very aware of money!

One of the core values of The Money Nerve and RWW CPA is that financial education and good money habits start at home. This Money Nerve College Scholarship opportunity is for students who are majoring in Accounting. Some of you may wish to serve your community in the future as a CPA.

Submissions will be accepted starting January 30th of each year with a winner announced August 1st.

The Money Nerve Scholarship

Being smart is no guarantee that you’ll reach your financial goals in life. In fact, many people with graduate degrees feel like they never received the financial education they needed. as a result, lots of people struggle with their money, often living “month-to-month,” because they weren’t taught to manage their money.

Good financial habits start at home, and I want to reward you and promote your family for making money management a priority. Your essay can assist you to pay for college classes or help with your expenses. As a result of your essay, you will teach Money Nerve readers and followers smarter ways to budget, invest, save and make money. I am happy to offer this Money Nerve college scholarship, and want to help with of the cost of completing college.

Check out the articles on The Money Nerve blog. Share your own financial story. My financial habits are influenced by my family, my emotional reactions to money decisions, and more than 25-years of listening to clients. As a matter of fact, many of my clients share common challenges with their money, no matter what their income is!

My passion for assisting others focuses on three concepts. First: exploring “why” people make the same financial decisions repeatedly. Second: examining “where” positive change can be made. Third: learning to set intentions – creating a “healthy relationship” with money.

This fresh perspective generates a life of proactive abundance. And anyone striving to be a CPA soon learns that the job is more than just numbers. It takes a mixture of savvy financial knowledge paired with compassion to provide assistance for people to manage their finances more efficiently.

How to Apply for The Money Nerve College Scholarship

Applicants must submit an essay (minimum 500 words- no more than 1,000 words). Share what your parents/family taught you about personal finance, and how that benefitted your life. Topics can include: budgeting, paying bills, balancing your bank statement, how to start investing, saving for big goals, making money or other financial skills that you learned. These practical tips will also help you to be a successful CPA.

• Essays must be original and not submitted to other websites.
• Applicants must be either currently enrolled in or actively applying to an undergraduate business program with a declared major in Accounting. Students at both community colleges and four-year institutions are encouraged to apply. One application per student.
• Essays can be submitted beginning January 29, 2018, and must be in my inbox by May 1st, 2018. (Word document format-not PDF)
• Mail applications to bob@themoneynerve.com, and include name, address and phone number. Please be sure to place “Scholarship” in the email subject line.
• Each applicant must state the school the student is attending or registered for, and current college level, (freshman, sophomore, junior, senior or graduate student).

The Money Nerve College Scholarship Winner

Essays to be featured February – June 2018, on The Money Nerve blog. This is a great way highlight and teach financial education to young adults. The Money Nerve College scholarship winner will be selected on Friday, July 20th, and posted on Wednesday, August 1st. Winning is determined by which submitted essay receives the most social media “buzz” – generating the most social media shares.

Best of luck and I look forward to hearing what money lessons and tips have made a difference in your life!

~Bob Wheeler

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Identify Your Priorities

Identify Your Priorities
Identify Your Priorities

Identify Your Priorities

Priorities are not just limited to material things. A priority could be that you want to spend more time with your kids. You may wish to volunteer for those less fortunate than you. Or you may want to take classes to boost your skills. Now is the time to identify your priorities. It does not always have to be something that involves money—it’s about finding the right value for you.

Making Conscious Choices

When I first started working, money was tight. As a result, I had to be creative with my budget. I decided I needed some help and hired a maid. While that circumstance sounds like a contradiction, it was more important to me to have fresh sheets every week and a clean house than to spend my money on expensive groceries. Consequently, I made a conscious choice to eat lots of rice and soup, and honestly, I felt like a pampered king coming home to my spotless house and pressed linens!

Setting a Clear Picture

At my office, I once knew someone who worked for UPS. He was a smart guy, and I often wondered whether his job was fulfilling enough for him. One day, this deliveryman announced he was retiring! I was quite surprised as he looked too young; only about thirty-five years old. Why would he want to retire?

He started to work at UPS when he was eighteen, then worked for twenty years to earn a good pension. He had a couple of kids at a young age and set a priority to spend his time with his kids each afternoon. This UPS deliveryman chose to leave for work at four o’clock a.m. so he could return home around three p.m. – when the children got home from school. Being there for his family was a direct result of having a clear picture of his priorities.

Direct Your Choices Intentionally

My wants and needs are different than yours. Some of us have a strong desire to save for the future. Others want to live in the moment. Everyone has varying degrees of emotional tolerance toward our current financial situation. If your money nerve is pinched, one of the best vehicles for change is defining what is most important to you. Set three top priorities in your life to point YOU toward your strategic goals. By knowing your direction, it is easier to create a daily action plan to achieve your goals.

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2018 It’s The New Year Again!

The Money Nerve
A New Year Again

It’s the new year again!

It’s a new year again! And, that’s a good thing. You have the opportunity to make a fresh start and make adjustments to create a better life.

January Resolutions

This January, the media will be overflowing with a barrage of top ten lists, resolutions and blogs to show you how to be wealthier, healthier and “be perfect” … and it’s only $19.99, (with a set of knives!) Resist the temptation to overthink your goals.

You can’t do everything – all at the same time. You may not check off all the boxes this year, but you can make a difference!

Decide What is Most Important to You

Whoa! Slow down and decide what is most important to you. Not what the TV pundits, the radio talk-show hosts or the Internet marketing pros tell you, but what YOU genuinely want to see in your life. Make it the best new year ever! You alone can take steps to change. New actions that will bring about new and fresh results. Once you determine personal goals, don’t be swayed by others. Don’t compare yourself or get dragged down because it appears that everyone is doing better than you. President Theodore Roosevelt stated, “Comparison is the thief of joy.”

Choose Your Reality

Commit to choose your reality with thoughtful intentions and proactive activities. Begin by creating a space of goodwill and generosity toward yourself. No blame – Just realize that shifting some of your priorities will take a different energy. Wouldn’t it be nice to have a positive cash flow? Start looking for the destination you’d like to reach via your mental map.

It’s a New Year, Know Where You Are

The first step before beginning a journey is to know where you are. Take a notebook and jot down your schedule for the day or the whole week. Find time to set aside 15-30 minutes each day for personal time. Use this time to think, plan, and dream of where you want to be in 1 year, five years and even a decade from now. Once you know where you want to be as well as where you are beginning from, you can explore and build an action plan to get you there.

Support Your Intentions with Action

With an action plan, you can set intentions to hit your goal. As we all know, life has many bumps in the road, and things beyond our control can often cause detours or bring us to a complete stop. By having a plan for the new year, you can reroute and make changes to continue toward what’s meaningful with your life. Therefore your life doesn’t fall apart, and you create flexibility to expand your options. You are on the road to Proactive Abundance! Congrats.

If you would like for me to come speak and inspire others at your club, church or community outreach center, click HERE