Money Talks is an xoNecole series where we talk candidly to real women about how they spend money, their relationship with money, and how they spend it.
Lately, there's been a lot of chatter around Forex and cryptocurrency, but do we really know what it is or how to use it? Thankfully, Umanagement Public Relations' lead publicist Milan Mobley is a business coach, Forex trader, and investor willing to dispel any myths about the system for us. Though the D.C. native is well-known for her work as a full-time entertainment and corporate publicist, she has developed a passion for teaching millennials how to build generational wealth and deeper understanding of multiple streams of income. "I entered the Forex market almost three months ago, my girlfriend Che` introduced me to it. She's been in this space for a few years now. She ended up taking a break to focus on her career full-time, but she never lost touch," she told xoNecole.
During the pandemic, Milan's business slowed down and she began to fall into a depression due to the unexpected pivot of her business thanks to COVID-19. From there, her friend began to show her the ropes and through following by example, Milan is now developing a steady cash flow and effortlessly recouping from any financial loss she may have suffered. "Now I am still growing to be a master of the art but it is a skill that I am forever grateful for. It changed my life when life was changing the most."
Courtesy of Milan Mobley
Now with a current ranking of P1000, meaning she's been able to mentor and educate over 31 new investors, Milan is able to pay the education forward by passing along any and all information that was once given to her by her partner Che. "I made this choice based on Che`. Her mentorship and guidance made me the trader I am today, and allowed me to be educated in a space I was unfamiliar with. Becoming an IBO, I've been able to educate others on the Foreign Exchange Market who were in the same space of wanting to build generational wealth, needing an additional stream, and wanting money working for them. I do not have the conversations of becoming an IBO (independent business owner) with my mentees until I see they are being successful in the FX market."
In this installment of "Money Talks", xoNecole spoke with the Atlanta, Georgia resident on being a "Frugal Fran" when it comes to spending habits, her worst money decision, and why she believes most people think Forex trading is a scam. Check it out below!
On myth-busting Forex and why most people believe it’s a scam:
"People believe it is a pyramid scheme because they are uneducated of what the difference is between Forex and the iMarkets Academy. The Academy is the number one educational platform/software for Forex Traders. This platform was designed to assist traders in their learning about the market, learning how to trade, software and strategies to assist in developing signal points for profitable trading and a special chart known as the Harmonic scanner. All of this is to help you earn while you learn. In an illegal pyramid scheme––or scam as we like to call it––there is no way for anyone who is under the head honcho to profit as much as that one person or to exceed them. Forex trading is a skill and trait you obtain and become successful with, on your own with the proper teachings."
On what being a trader and investor has taught her about her business and personal financial habits:
"It taught me how to capitalize financially. When you first start trading, not everyone has thousands to invest. In trading, you commonly use the word 'compounding', meaning you take what you invest and you build your account over time. For example, Che' and I encourage our Mentees who are afraid of the process or have lower capital to invest $50 but only trade with $20 and build your account slowly. With those teachings, our mentees have taken $20 and turned it into $95.00 in a day. We also tell them to focus on growing your account by 10% daily.
"All in all, teaching them has taught me to focus on compounding my personal finances and act always as if I have the lowest capital possible. Using money management on your investment amount will take you further as long as you are patient and not looking to get rich overnight. Rome wasn't built in a day and neither is wealth. In the business aspect, there's a strategy and system known as S&S for everything. Based on the S&S you select/determine, your journey in business or trading can be either very simple and profitable or it can be complicated and a struggle."
"Using money management on your investment amount will take you further as long as you are patient and not looking to get rich overnight. Rome wasn't built in a day and neither is wealth."
On questions she wished people would stop asking her about Forex:
"'How early can you actually start seeing profit coming in for yourself?' And, 'How much have you made?' It's a common question and I get it. However, that is like asking a fitness trainer, 'How soon am I going to see results?' The answer a trainer would give is the same answer I give. Everyone is different, no one person is the same. How early you start seeing profit and how much profit you see is how much effort you put forth to see results."
On how much she makes per year and her savings habits:
"It is very hard for me to say how much I make a year or a month honestly, being an entrepreneur that fluctuates so much––last year after the dreading amount of taxes, I made over $90,000. Normally, I don't share numbers in my finances since I am so private but I am comfortable to share that because that was my most profitable year in business. I try to save at least $2,000 to $3,000, that way it can be split between my business and added to my personal account. I have both my high-yield savings account through Marcus by Goldman Sachs and my Roth IRA is through my long-time bank Navy Federal."
On her definitions of wealth and success:
"Health is wealth and having much abundance in your life through happiness and prosperity brings great success. Wealth to me is being able to live the way I choose to––not working countless hours and working about how much I've made or haven't made or what's to happen next. Living the kind of life that makes you happy and fulfilled. Success is truly being open-minded and opening yourself to a new level of life that challenges you to grow and develop mentally, spiritually, and professionally forever."
Courtesy of Milan Mobley
"Wealth to me is being able to live the way I choose to––not working countless hours and working about how much I've made or haven't made or what's to happen next. Living the kind of life that makes you happy and fulfilled."
On the lowest she’s ever felt when it came to her finances and how she overcame it:
"The end of last year and the start of this year was the lowest I've felt – I was tapping in and having to drain my savings and not being able to replenish it for a while due to the decline in business from COVID-19. As stated previously, I was depressed from being in this unfamiliar state. I wasn't sure which way to turn for a while. Then I started focusing more on S&S and developing residual streams and being open to learning new skills. I could have counted myself out but a big part of my system was letting go and letting God. I started doing what I could and allowing Him to do the rest."
On her biggest splurge to date:
"I have never been a 'splurger'. My friends will tell you I am very financially responsible. I don't purchase much designer, I don't shop much, I don't spend money unnecessarily. I don't spend money that I can't spend two times over. HOWEVER, I did 'treat myself' last September for my birthday and that's because I didn't go out of the country or on a trip like I normally do. So I showered myself with the Louis Vuitton boots, red bottoms, one of the top suites at the W and a private chef all weekend. I can say that was a properly planned splurge I had prepared for that moment. It's OK to 'splurge' as long as you've properly planned for it."
On whether she’s a spender or a saver:
"I am Frugal Fran––I am very much a saver. It wasn't training, I just looked at my environment and listened to mistakes others made and used that as my guide to not repeat the same steps."
On her savings goals and what retirement looks like to her:
"I make contributions to my Roth, to my 401k, business and personal savings, Digit (the savings app I use it takes money from your account daily without a notification), I want each to represent and hold six- to seven-figures in them. Retirement to me looks like never having to work again, fully enjoying life, my family, and all that it has to offer, without the worry of making money. Also, retiring in my early 40's late 30's, not the time that has been placed on us. If I can retire before my desired time frame, that is even better!"
On the importance of investing:
"It is very important to invest in my opinion––you don't become wealthy by having zero investments. The goal is to be wealthy and have a strong net worth, not to be rich. I invest in, of course, my trading, but I also have stock investments, life insurance investments, and plans to invest in property and other assets in the upcoming years."
Courtesy of Milan Mobley
"I make contributions to my Roth, to my 401k, business and personal savings, Digit, I want each to represent and hold six- to seven-figures in them. You don't become wealthy by having zero investments. The goal is to be wealthy and have a strong net worth, not to be rich."
On her budgeting must-haves:
"At one point I would have said my nails. After the shutdown from the pandemic and not having that luxury, I realized how I didn't need it in my budget. My budget must-haves now are groceries, daily incidentals, emergency fund, household maintenance, bills, work wardrobe, subscriptions for business, [and] gas."
On the intention behind creating her multiple streams of income:
"In my business, I have both live and digital courses, pop-up consultations for various aspects in business, whether it be social media, marketing, etc., e-books, digital products, business coaching, and more. When developing those streams, I wanted relief for myself––where I didn't always have to be so hands-on. I had those residual pieces and money working for me all days of the week, even when I'm sleeping. My intention behind having multiple ways to make money was to have financial freedom, build generational wealth, and to grow my companies."
On her money mantra:
"God will bless me abundantly financially if He sees I can manage a little. He will not give me a lot If I can't handle the little."
On the craziest thing she’s ever done for money:
"I haven't had to do anything crazy––I just had to learn to be still and fully rely on faith. God gave me everything I needed; I just had to use what was in front of me to pivot."
On the worst money-related decision she’s ever made:
"Investing in t-shirts was the worst money and business decision I've ever made. The sayings on the shirts were great––but it wasn't the right product, right audience, or the right timing."
On her budget breakdown:
How much do you spend on rent?
"For an entire year on rent––$20,280.00."
Eating out/ordering in?
"Monthly, around $500 eating out/ordering in and $530 on groceries. I cook for the majority of the week. But Thursday-Saturday is up-for-grabs for eating out! [There's] two of us, so it is very hard to eat out/order-in and stay with a $20 minimum."
"I don't have a car note any longer and I don't drive much because I don't go anywhere since COVID is still a thing. I spend about $26 monthly on gas. I pay $110 monthly in car insurance."
"$160 monthly on personal expenses [including] nails, lashes, personal items."
For more of Milan, follow her on Instagram!
Featured images by @heytobs and @Toontyvisuals.
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Virgos are a sign of the mind. So, when you are looking at the love life and compatibility of a Virgo, you must start there. A Virgo’s heart is in their head, and they try to make decisions in love that are practical, well-thought-out, and that make sense to them. They love just as deeply as any other sign, but they also know that keeping their head on their shoulders will keep them out of trouble.
A Virgo wants a partner who is going to make life less stressful for them, and that only adds positively to their life. They will not commit to just anyone, and Virgo intellectualizes everything.
Yes, everything, including their relationships. They are known for their high standards, but this energy is matched by the dedication, loyalty, and thoughtfulness they bring into their relationships. There is a lot of thought that goes into who Virgo forms relationships with, and if you have caught the eye of a Virgo, you should feel special because that is no small feat.
Virgo Compatibility and Best Matches for Love
Virgo’s compatibility is unique because, at the end of the day, Virgo is a mutable sign, and they are always shifting and changing themselves. They value certain traditions in relationships, but they are also more progressive in how they go about things and who they attract. Virgos are looking for a partner who is intelligent, inspiring, and stable. They are the type of people to easily get the ick, so if you are interested in a Virgo, make sure you have it together before approaching them.
Virgo doesn’t have a hard time saying no, and they may have a lot of “no’s” before they find their person.
Once Virgo is in love and finds their person, however, it’s like a light has been sparked in them. A Virgo in a relationship brings out a whole different side of this earth sign, and when they feel safe enough to relax and just love, be and give, they are at their best.
Virgos are always there for their loved ones, they are smart, sexy, and they make great partners to have.
VIRGO + ARIES
Virgo and Aries are attracted to each other almost immediately. There is a fun, childlike wonder they both have when they are together, and they have a lot of insight to bring to the relationship. However, these two are often challenging each other as well. Aries wants to break down Virgo’s walls but may do so in a way that turns Virgo off. Virgo wants to keep up with Aries' energy levels and free-spirit nature, but Aries may find Virgo too wishy-washy to commit to.
Virgo and Aries see each other in very different ways than most others see them, and it’s hard to tell if they are absolutely in love with each other or if they secretly despise each other. If they can learn to work together rather than divide, then this relationship can bring a lot of abundance to each other’s lives.
VIRGO + TAURUS
Virgo and Taurus are a sweet couple. They are very enamored with each other, and they form a dedicated, loyal, and loving relationship. Virgo doesn’t have to try hard to win the affection of Taurus. The Virgo senses that they are accepted and loved by Taurus just as they are, and this is beautiful for Virgo. Taurus feels Virgo is strong, hilarious, and loving. Taurus admires Virgo's loyalty and the effort they put into their life and their relationships and wants to form a bond here.
The great thing about earth/earth sign relationships is that they get to know each other better than most, and they feel safe in each other’s presence. Their energy in the bedroom is magnetic, and they are often dancing in sync with each other. However, if a betrayal happens or trust is lost, this will be the detriment of the relationship in the long term.
VIRGO + GEMINI
This is a curious, exciting, and intense relationship. Gemini inspires Virgo but can also deeply trigger this earth sign through impulsiveness and irrationality. Gemini and Virgo are both ruled by Mercury, the planet of the mind. There is open communication in this relationship which is the couple’s strong point, but for Virgo, a lot of this tends to lead to overthinking. Gemini doesn’t make sense to Virgo, and Virgo doesn’t like when they can’t make sense of something.
Gemini doesn’t sense this from Virgo and just wants to have a conversation with the mind of someone who is so intriguing and unusual to them. Their openness mentally and in the bedroom are what fuels this relationship, but there may not be enough compatibility and stability here in the long run. The relationship between Virgo and Gemini is often better as a friendship or business relationship at the end of the day.
VIRGO + CANCER
Virgo and Cancer form a loving and sweet relationship. Cancer is instantly intrigued by Virgo and finds them endearing. Virgo can sense Cancer’s attraction toward them right away and want to learn more about this mysterious water sign. Virgo is interested in Cancer’s emotional world and learns a lot from Cancer about their own emotions. Although Cancer’s heart may feel too overpowering for Virgo’s rational mind and Virgo too analytical for Cancer’s openness, this usually isn’t a dealbreaker for them.
This is a relationship that is in it for the long term, and it often just works. What they both provide or want to provide in the relationship fits with one another, and this is a relationship that continues to get better with time. They are both best friends and lovers, and if they live together, their home would be clean, safe, and comfortable.
VIRGO + LEO
This is a passionate, rejuvenating relationship. Virgo and Leo are royalty, and when they come together, they exude this type of regalness and empowerment. They are both highly self-aware individuals, and where Leo expands energy, Virgo creates it. Virgo loves to be needed and valued, and Leo wants to be admired and adored. Virgo feels purposeful in this relationship as their attention to detail, dedication, and genuine acts of service are all acknowledged by Leo.
Leo feels like they are truly being seen in this relationship, as they feel Virgo’s keen eye and attentive love.
The only downfall of this connection is that Leo needs to lead, and Virgo doesn’t choose between leading or following but absolutely doesn’t prefer the latter. Virgo isn’t as submissive as Leo may assume at first, and perspectives and egos can clash here. If these two are looking for a power couple in life, however, this could definitely be it.
VIRGO + VIRGO
Virgo and Virgo are an odd yet beautiful couple. Virgos are one of the only signs who respect their own sign but aren’t necessarily attracted to the energy as well. No two Virgos are exactly alike, and although Virgos will see the similarities between each other, they will also feel like their own weaknesses are being highlighted in the process, and this is an uncomfortable mirror of a relationship.
Virgos love to make sense of things, yet are very hard to make sense of. In a relationship where both signs are mutable, it can be hard to stabilize the energy and grasp what is going on or commit. They will have funny banter and intellectual conversations and will tend to each other’s needs but may feel like something is missing between the connection at the end of the day.
VIRGO + LIBRA
Virgo and Libra don’t seem fitting at first until you dive a little deeper. Virgo and Libra uniquely understand each other. Libra highlights Virgo’s beauty and wants them to recognize more of their inner confidence and self-assurance. Virgo helps Libra think rationally and make decisions that benefit rather than create more drama. The problem, however, is that they may start to feel that they are stepping on each other’s toes.
Neither sign is too confrontational, and this relationship can be filled with a lot of beating around the bush and passive-aggressiveness. When they’re sweet together, they’re sweet. When things aren’t going well, they may go too low and hurt one another. This relationship has a lot of potential, but work will need to be done to make sure things don’t end in heartbreak here.
VIRGO + SCORPIO
Virgo and Scorpio are a match made in heaven, most of the time. No relationship is perfect, but it comes pretty close for both of them. They are both very intuitive, loving, and perceptive individuals, and they bring a lot of the same energy into the relationship. They have a genuine connection they don’t have to fake or work too hard to obtain, and these two love to spend time together and be in each other’s company.
Virgo and Scorpio are a lot alike, but they have enough differences to keep things exciting and help each other learn and grow as well.
The love between the two is felt right away, and you often see Virgo and Scorpio pairings in close family and friend relationships, as well as long-term romantic couples. There is a safeness felt in this relationship, and if they are both in a healthy, evolved stage in life, this relationship is like magic for both of them.
VIRGO + SAGITTARIUS
This couple isn’t one you see often, and when you do see it, you can tell how out-of-the-ordinary, yet so fitting, this relationship is. Think Beyoncé and Jay-Z; this is a great example of a Virgo and Sagittarius relationship. It works because Sagittarius opens up a new world to Virgo and brings out their fun side. They help Virgo not take things too seriously, and this is a couple who knows how to have fun together.
Sagittarius is inspired by Virgo as well. Being a philosophical sign, they admire Virgo’s intellect and belief systems, seeing Virgo as someone who at times, is a little uptight but also respects their stature and the way they handle themselves. This isn’t an easy, compatible relationship, but if they are willing to work together and learn about each other, it can work out.
VIRGO + CAPRICORN
Virgo and Capricorn are soulmates. This is a relationship where they naturally get each other, and they flow in sync with one another. There is a special bond between a Virgo and a Capricorn, and this bond usually lasts long term. Neither sign gives too much energy into things they don’t think are going anywhere, and with each other, they give a lot. There is something to say about earth, and earth sign relationships, however, things can get stale or stagnant after a while.
The comfort they feel between each other is unforgettable, however, their similarities may be their downfall unless they aren’t actively growing as individuals and in the relationship as well. All this relationship needs is some extra spice, fun times, and more emotional openness with each other, and it has all the chances of making it down the aisle if that is what they are both looking for.
VIRGO + AQUARIUS
Virgo and Aquarius have a mental connection more than anything. They get where each other is coming from, and with the high intellect they both have, this relationship is full of conversation, laughter, and friendship. Aquarius values a mental connection the most in their relationships, which is why they are often very intrigued with Virgos.
Virgo, however, tends to need more than Aquarius is willing to give emotionally.
Virgo needs alone time and handles emotions more rationally, as does an Aquarius, but Virgo is more sensitive to matters of the heart and does need more reassurance here. This pairing may be better off as friends unless they can bridge the gap between each other that is deeply felt.
VIRGO + PISCES
Virgo and Pisces have a unique relationship full of magic, dreams, and also some tough lessons. They are sister signs, meaning these two are on the exact opposite sides of the zodiac wheel, and they have a special kind of relationship. They are basically everything the other is not. They go together like yin and yang, but they can also deeply trigger each other as well due to the opposition. The positives of this relationship are that they are both givers and they are intuitive of each other's needs.
Virgo and Pisces are both very selfless and compassionate in their relationships, and they give each other this type of understanding and attentiveness in love. There is something genuine about the connection between this pair that makes you believe in the impossible.
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