Financial - Raine Dawn Valentine

Steady moving along… through the raging storm.

My trip to Minneapolis for the NAEA conference has been halted. BCPS has restricted all out of state school field trips and work related PD for teachers due to the coronavirus. This means I can not attend the conference. I am beyond bummed.

I look forward to this conference every year; Seeing old friends and making new friends… learning new things to bring back to my classroom and feeling invigorated with a new spark to share my passion of art… and traveling to new cities, spending time there learning about their history and visiting their museums.

My heart is a little broken today, I’m not gonna lie. When I got the message last night from our Superintendent I wasn’t surprised, but it didn’t really hit me until this morning. Things have reached my reality… and are shifting around me.

I have so many thoughts on these shifts. I could go on and on about what I think and how weird this all is… and part of me wants to, but also I do not want to debate or discuss what it could be or what should be. Neither of those things is proactive from the perspective that most of the time we allow ourselves to get carried away in those thoughts and lose sight of our own power.

So the most important thought I want to share is…

Keep your vibration up, and your self centered.

Use this time and energy to focus in on what you truly want in your life, and what you hold on to that no longer serves you. Use this time to detox and break free from the attachments you’ve made that are only holding you back. Spend your alone time, breathing deeply in and out. Teach your children the importance of sacred time, and self care. We are well when we are balanced in our ways. Spend time with mother earth, letting nature heal you and bring you back to center.

Keep moving forward… Steady now… there is something great coming. This is the calm before the storm, which will eventually produce the largest rainbow you’ve ever seen. <3

Financial Service Innovation

The other day I went to PNC bank to make a wire transfer*.

This blog is about my experience and how it relates to technology innovation.

First off, I had to take off of work early to get to PNC before they closed at 4pm. The closest branch was about 5 miles away. Once I arrived at the bank I met with an associate who assisted me in the process.

The visit took a total of 30 mins or so, from the time I sat down to the time I left the building. To begin, I had to have the account and routing number of the bank the transfer was going to, as well as the person’s name and address. The associate input the information and had me visually and verbally verify that it was typed correctly. He then printed out the information receipt, which was 2 pages stapled together, and had me read over the printed receipt to check once more.

The transaction also has a fee of $30 for an outgoing domestic transfer.

It takes about 2 hours for the transfer to be sent and arrive in the recipient’s account.

I mention all of this, because time and energy are currency.

All of this affirms the importance of blockchain technology education, so we might learn and know how to manage our finances for ourselves!

To be financially stable and secure is something we work for our whole lives. A lot of times people find their stability in the forms of entities outside themselves, and this happens for many reasons; whether it’s time, energy, money, or the lack thereof. If you are not interested in learning to use it yourself, you should at least be aware of its implications and talk to someone who might be able to assist you in diversifying your investments and take back control of your funds.

So, lets say this transaction was performed using blockchain technology.

The amount of time, energy and currency needed to fully complete the task would be far less than 30 mins; that’s if both parties had all accounts set up and active.

A blockchain transaction could look one of two ways:

Recipient requests funds from their wallet to your wallet address which you have provided to them. Sender then confirms transaction to transfer funds.

Sender acquires recipients wallet address, logs into their wallet and sends funds to the recipients wallet address.

These two types of transactions cost no more than $10, and the average transaction time is .65 seconds.

As I sat in the bank, I realized how much currency I could save to refocus into things I have a passion to do, like painting or doing henna.

So, later that day I was using my PNC mobile account and I noticed that I could transfer money via Zelle. I created an account and transferred some funds, when I realized… ITS ALREADY HERE. Zelle is basically blockchain technology, with a user friend interface, and regulated by PNC. The downfall is that there is a limit to how much money you can send in a transaction depending on your account type.

I realize now how important it is to share my experiences and learning with my community. Time is currency! Begin learning more about what’s changing with our financial system, and blockchain technology here, or contact me to talk!

*wire transfers are necessary when your bank has a limit on how much you can transfer, and usually for larger amounts.

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