Please read carefully and share with your husband Lets take a careful look at money matters as a business owner and Mary Kay consultant.

Part 1:
Zero in on your original MK loan balance and what it really means. First, your original loan balance should be just that, the original loan balance. If you did put some additional charges on your card, work from the total you now have. The goal is to pay cash for future purchases and begin paying down the entire balance. You dont want to keep charging inventory on your credit card unless you have cash from sales to pay for it. In other words, your balance should not keep increasing. Once you have your original inventory of $2400-$3600 w/s, all future inventory purchases are done with cash from your sales using the 60/40 rule.

Part 2:
This is also important. Think of your loan balance as a MONTHLY cost of doing business, not a lump sum. That can be overwhelming. Even a $5000 loan may equate to a $100/month cost of doing business. The first $250 you sell in the month will cover your $100 payment (60/40 rule). Why not hold a class on the 1st of each month, sell $250 and be paid in full for 30 days! Owning a business and having a loan balance is new territory, especially if you started MK to make money and now you have debt. Its important to rethink the working of business ownership you invest in a consumable product that you buy for $1 and sell for $2. You double your money. The loan is a manageable cost of doing business. You can eat an elephant one bite at a time! Most loan payments are $80-$120 per month. Focus on that, not the entire balance and remember: All interest is tax-deductible and you could pay your balance off faster by selling more if you want.

Part 3:
Its very important to have sales goals each week to generate cash flow for your loan payment, profit and to reorder inventory. I repeat, consistent weekly sales goals.
On $600 sales per week, youd have $240 for your loan payment, profit per week, and expenses per week. In one month you would have $960. Even if you paid $260 to your original loan, you would have $700 cash profit for your family. The key is to ask, How can I sell $600 per week consistently? 2 classes of $300 or 3 classes of $200. Let reorders and facials fill in.

Be willing to think of creative ways to make a $600 week happen consistently and before long it will be easy! Use your mind to work for you! Its important not to change the goal and give up. Other people have figured it out and so can you! I truly believe its not how much time you spend, its what you do with your time that count

Learn to work smart.  Book within 7 days for follow-up facial skin care classes. Send reminder post cards that your hostess addresses to herself when she books (like the dentist office). Get her guest list so you can confirm. Etc.

Lets look at a $300 per week goal. In one month, your 40% loan payment and profit will be $480. If you paid extra on your loan, say $200, youd still have $280 in profit.
 
My point is, con$i$tent sale$ equal$ consi$tent profit and con$i$tent ca$h flow.

Your Mary Kay business is there to provide enjoyment for you and your family, and understanding money management will take the stress out of managing your business, and allow you to keep things in perspective, and empower you to create money!! Manage your money so theres lots more of it to enjoy! I like that part!!

PERSONAL GROWTH IS INEVITABLE.
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You'll experience personal growth on the road to success.
All growth means change and change involves risk.
You grow because you struggle, learn and overcome your obstacles.

Difficulties in life are the things that show you what you are. Trouble is the common denominator of living.
It's the great equalizer of life.
What happens to you is not as important as how you react to what happens. Everything you'll experience good or bad has value.
Only when you are no longer afraid will you begin to live.