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March 28, 2008

Elon Bomani       *Elon Bomani, a holistic wealth builder, author, and founder of Papyrus Publishing, isn’t your everyday self-made millionaire.

      The single mother had a humble beginning; she then found herself in a rather middle-class situation, but was left divorced, jobless, and homeless, only to end up a millionaire less than seven years later.

      Bomani has written several e-books and two standard books, sharing her wealth building investment secrets to help get people, women in particular, out of the "rat race to make their own piece of cheese."

      Her first book was called “Dynamic Diva Dollars-For Women Who Aren't Afraid to Become Millionaires” and she’s just released her second, “Wealth Chant: Chanting Your Way to an Abundant Life.”

      Interestingly, Bomani’s story of financial self-discovery wasn’t even apparent to her when she defiantly kept her name upon getting married. With the mind of her own independence going into the nuptials, Bomani admits that she soon fell comfortably into a place of dependence.

      “It’s tradition, but is it right?” she said of giving up her maiden name when she got married. “That illustrates that I am the possession of someone and that is not the case. He came into this wonderful wedding with his name intact and so should I. So we come into this relationship as equal partners.”

      Well, the relationship didn’t quite end that way. The wife and new mother became a homeless and destitute divorcee.

      “One of the reasons that 50% of all marriages end in divorce is because of finances, and that played a major role,” she said of her divorce. “That’s where I found myself. And like most men – they think that their self worth is determined by their net worth, so he emptied our joint checking account. So in a matter of minutes, Elon Bomani, with all these alphabets behind her name, found herself homeless with her baby boy.”

      Bomani told EUR’s Lee Bailey that that’s when she started to take account of what happened and take responsibility for her role.

      “I started the journey to realize that I had gotten myself in that situation. I’m very clear. I wasn’t going to play the victim blame-shame game. I sat down and I meditated on it and I said, ‘Ok, Elon, what part did you play in this experience?’ Not to exonerate him from his responsibility, but the reality of it was that I was in control over my part in the game.”

      In addition to her less than four-year marriage, Bomani said that she’d lived by societal traditions most of her life. The child of a single mother on welfare herself, Bomani explained that she was brought up expecting to be taken care of.

      “I was conditioned to believe that somewhere down the line, somebody is going to care of us. If it’s not our husband, then it’s our father. If it’s not our father, then it’s the government. So I got brought up into that situation.”

      Bomani’s story is familiar to many successful women. She had a storefront business as a natural-pathic practitioner, or “natural healer.” She was a new wife and a new mom.

      “I thought I was a superwoman. As a novice mom, I thought I could still run my practice and take care of my son also,” she said, “but I found it to be difficult. I had to make the decision whether to maintain my private practice or become a stay-at-home mom. I felt that I could provide a better life if I sacrificed and stayed at home to raise my son. I shut down my private practice and left all the responsibilities of financials to my husband.”

      After her husband cleaned out their bank account and left her with no money, Bomani took her son to a local hotel and immediately called a women’s shelter. She was told there was no room, but before hanging up, one bed came available.

      “I made my own course – Wealth 101,” Bomani said.

       She immediately took action, day 1 at the shelter, reading self-help books, including a book about buying a home with no money down.

      “I took action. I bought a house; I bought my first home. I did that without a job. I was proactive; I immediately got a roommate to help with the mortgage and I opened up my private practice in my home.”

      And now with what she’s learned from experience and in books, she shares with others in her books and speaking engagements.

      “Even the majority of people whom own businesses and things of that nature have a very elementary understanding,” she claimed. “The majority of people in America are financially illiterate. That’s why I wrote in my book that one of the key things that is lacking in the present system is that is that instead of [just] the three R’s, we need to be teaching finances.”

      She continued that even the educated population doesn’t have the financial aptitude to handle money well; particularly women.

      “Well-educated, professional women who decide to go home and handle the simpler things in life and leave the financial responsibility with someone else [is] not a bad idea, but now we know in today’s society, you need to have a grasp of both.”

      For more on Elon Bomani and information on her books and her company, check out www.thedynamicdiva.com.