A Role Model For Business Owners Everywhere

Rhonda Vetere is a force to be reckoned with. Not only does she have experience and expertise in the STEM fields, but she is also an accomplished athlete and C-suite executive. To top it off, Vetere is a dedicated philanthropist and uses her knowledge and resources to help others succeed and grow. She is a role model for business owners everywhere, showing that you can achieve excellence by setting goals, staying focused and working hard.

Vetere’s career has spanned many executive roles over the years. She leads teams that develop innovative solutions for customers across industries such as finance, health care, retailing and government services. She also works closely with other C-suite executives on strategic initiatives that help drive customer satisfaction and business growth.

Vetere is active outside work, regularly competing in Ironman triathlons and other events. Vetere's experience as an athlete gives her a unique perspective that she brings to her work and approaches her finances. She understands the dedication and commitment required to be a successful investor.

Not only is Vetere's resume impressive, but she believes that her mental fortitude in sports helps keep her disciplined with finances.

When it comes to her personal financial management, Vetere shares some tips with you:

1. How much percentage are you saving?

It's essential to have a savings plan in place so that you can cover unexpected expenses and have a cushion for financial emergencies. But how much of your income should you be setting aside each month?

There is no hard and fast rule, but many financial experts recommend saving 20 percent of your monthly income. Once you have established a savings plan, review it periodically to see if you need to make any adjustments. Remember, even if you can only save a small amount each month, it will add up over time.

2. What is your risk personality?

When it comes to investing money, everyone has a different risk personality. Some people are conservative investors who are only comfortable with low-risk investments. In contrast, others are more aggressive and willing to take on more risk to earn higher returns potentially.

So, what is your risk personality when it comes to investing?

Knowing your risk personality is essential for making intelligent investment decisions. If you're uncomfortable with taking on too much risk, you're likely better off sticking with low-risk investments. However, if you're willing to accept more risk in pursuit of higher returns, then consider adding some high-risk investments to your portfolio. The key is finding a balance that gives you the level of risk you're comfortable with while still providing the potential for growth.

3. Invest in what you are passionate about

When it comes to investing, it is often said that you should invest in what you are passionate about. When you are passionate about something, you are likely to understand it well, you will be better able to make informed investment decisions, and you are more likely to stick with it even when times are tough. This commitment can help you weather the market's ups and downs and ultimately come ahead.

When you invest in something you care about, you tend to pay more attention to it. This can help you to spot opportunities and avoid potential pitfalls.

The bottom line is that money management needs the discipline of an athlete. Just as an athlete needs to train regularly and follow a healthy diet, so too must a person manage their finances carefully to stay on track. This means setting goals, sticking to a budget, and tracking spending and saving regularly. By following these simple steps, anyone can develop the discipline necessary for effective money management.