Training & Education

Financial Wellness & Independence

Financial awareness can help you create financial independence.  The basic foundation of financial awareness is financial literacy, which is the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all their financial resources.  Financial literacy equips us with the knowledge needed to manage money effectively. Without it, our financial decisions and actions we take—or don’t take—lack a solid foundation for success.

Reaching Financial Freedom 

Did you know that nearly half of Americans don’t expect to have enough money to retire comfortably?  One of the biggest attributes to this is because there was no game plan in place early enough to reach that goal.  This is very important as a Salons by JC Salon Suite Owner, is your plan in place?   Unlike larger companies and corporations who might offer 401k plans to begin saving for retirement, suite owners have to establish investment products like IRAs and annuities on their own to reach specific goals.  Gaining an understanding of how money works and getting help from a financial coach will help you succeed financially.

The Game Plan

A good place to start when creating a solid game plan to begin your amazing journey to financial independence is with Savings.  You may feel as if you are living paycheck to paycheck as most do.  Saving money begins with mindset and making an agreement with yourself to be disciplined enough to save anything.  Start out small $5, $10, $20 a month, whatever your budget will allow you to ‘sacrifice’.

Sacrifice, when it comes to saving your money  is the beginning of the best habit known to man.  Whatever the amount is – Don’t Touch It!  Before long you will be a saving fanatic.  Take my word for it. Starting early is important, but starting NOW is even more important.  It’s not how your money story begins, but how it ends.

An Example of the High Cost of Waiting

Let’s say you want to save $1 million by age 67?  You’d better get started soon. The longer you wait, the more you will have to put away each month to reach your retirement goals.

  • 27 years old? You would have to put away $214 a month to reach $1 million.
  • Start at age 37, put away $541 a month to reach your goal.
  • Begin at age 47, and you would have to put away $1,491 a month.
  • Wait until age 57, and you’re putting away a hefty $5,168 a month.
  • Wait until the last minute (age 62) and you’d have to stash $13,258 a month to reach $1 million by age 67.

Whatever your goal is, the sooner you start saving, the fewer dollars you’ll have to put away each month to reach your retirement goals. Don’t pay the high cost of waiting.

For more information on Financial Wellness & Independence, contact  [email protected]

Blog written by Mona Echard | Salons by JC Business Coach


Beauty & Wellness Franchise News Training & Education

Salons by JC hosts First Salon Professional Virtual Mini Conference

On October 1st and 2nd, Salons by JC hosted its first virtual conference especially crafted for our salon professionals. Through our partnership with SalonCentric, we were able to secure our host for the event, Michael Cole.  Michael has over 30 years in the beauty industry as a stylist, manager, multiple salon owner, and executive chain director.  Michael wrote a book entitled, “A Little Off the Top” which has helped over a million salon professionals breakthrough to a more prosperous and purposeful career.

Michael Cole

Tap Into Your Potential

The conference spanned over 2 days and roughly 6 hours in total and had over 280 franchise owners, concierges, and salon professionals register for this free event.  It also featured Salons by JC Salon Business Coach Mona Echard as a guest host.  The conference also had special guests, Christina Payton, owner of The House of Blondes located inside of Salons by JC Naples.  Christina is also our 2019 Suite Owner of the Year.  Salons by JC Baybrook Mall Concierge, Brenda Olivarez, who worked with Michael at one point in her career.  

Christina Payton – Owner The House of Blondes

Bettering Your Best

During the conference the main topic centered around igniting the passion of each person who participated.  Topics of discussion ranged from knowing your place in the industry, the importance of a mentor, the six dimensions of wellness, and exploding your pay to name a few.  As each topic was discussed, we saw the engagement and energy rise within the participants.  “It was great to see so much interest from our Salons by JC community and also having those people stay with us from start to finish for both days”, stated Mona Echard, Salons by JC Salon Business Coach.

Brenda Olivarez

Ignite the Passion

As Salons by JC enters its 22nd year of operations, we look forward to bringing our Salons by JC salon suite community the workshops, events, and conferences needed to ensure the enhancement of their business and growth of the brand.  We received rave reviews from our conference and are preparing to bring you much more in 2021.    

Blog written by:

Marlene Romo Flores – Salons by JC Franchise Marketing Manager