Money Talks. You Should, Too.

Money Talks. You Should, Too.

I think we can all agree that talking about our finances is uncomfortable, especially if your finances are not in the best health. Fortunately, you  do not need to broach this subject with everyone you meet. However you do need to be able to communicate with your significant other about money, especially in serious relationships.

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The Wonderful World of Robo-Advisors

The Wonderful World of Robo-Advisors

Investing money is an effective way to grow your wealth, but knowing how to invest and what to invest in can be difficult when starting out. Until recently, the only options for investing were doing it on your own (a rather intimidating prospect for a newbie) or hiring an investment advisor, which comes with its own research burden to find the right advisor. Fortunately, there is now a third option available - using a robo-advisor.

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The Facts Behind your Credit Score

The Facts Behind your Credit Score

I think we all know that credit is important. Knowing what credit is, how your score is created, the variations among the credit factors that lenders examine, and the fairly recent progress in consumer credit report access will make you a more informed consumer who can use her credit wisely. 

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Credit that Cares for You

Credit that Cares for You

Real talk: Paying for medical care is stressful and expensive. Even if you are fortunate enough to have insurance through your employer, coming up with co-pays on top of the premiums can make your budget, or your savings, cry. When you pay for an individual insurance plan, the situation often becomes more stressful.

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The Life of an Emotional Shopper

The Life of an Emotional Shopper

Let’s be honest. Spending money is emotional. Finding a “bargain” is very emotionally satisfying, and buying things for loved ones feels good - even when it makes more financial sense not to spend. While it is important to train your rational brain to manage your money, you also need to acknowledge the emotional motivations that drive your spending habits. Understanding why you spend helps guide you to the most effective method for you to change that spending habit.

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Preparing for Unexpected Financial Challenges

Preparing for Unexpected Financial Challenges

I think most of us agree that saving money is important, but are we putting our money where our proverbial mouths are? According to a 2015 survey, 35% of American’s had no savings, and 34% had less than $1,000. This means that 69% of Americans are financial fragile. When life starts throwing curve-balls at them, these individuals and families likely will not have the necessary funds to meet the challenge(s). It also begs the question: “Is just one savings fund enough to meet all my life’s financial challenges?”

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What are You Saving for?

What are You Saving for?

We all know that saving a little bit of money here and there throughout the month is one of the best strategies for accumulating savings. However, it can be difficult to keep that in mind while you’re shopping, especially if your goal is generalized to “save money”.

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Are the Budget Blues Bringing You Down?

Are the Budget Blues Bringing You Down?

If you’ve followed my writing, I’m sure you’ve noticed several articles on budgeting. Why so many? Because a budget is one of the most valuable tools for understanding, managing, and growing your money. Yet it seems to me that many people break-out in a cold sweat the moment I say “budget”.

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Plan your Meals; Plan your Spending

Plan your Meals; Plan your Spending

Making food at home is an easy way to trim your spending, but it can often feel difficult to fit in cooking, and clean-up, within daily life. A few months ago, my boyfriend and I started meal planning to save money and eat healthier and so far, we’re achieving our goal.

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How Do You Know What You Can Deduct?

How Do You Know What You Can Deduct?

It’s tax time and that can be stressful. It can also be a time where people feel hopeful about receiving a large refund for taxes overpaid during the year. In order to fully understand this process, it is important to recognize that your refund is for taxes that you paid during the year that are more than your tax burden should be based on your income and expenses. This seems simple enough, but many people feel sheepish about taking the full benefit of their write-offs. This is silly however, because a write-off represents your expense while contributing to the the economic value of our economy.

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Don't Drive into Debt

Don't Drive into Debt

Now that tax, and tax return, season is upon us, maybe you’re thinking about purchasing a car. A tax return can make a solid down payment on a car. Because cars are a depreciating investment, it is important to find a reliable car that fits your budget and won’t break down, causing extra bills and stress

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Is the Mortgage Tax Deduction in Your Best Interest?

Is the Mortgage Tax Deduction in Your Best Interest?

So tax season is upon us, and if you’re paying on a mortgage, you probably feel pretty excited about the home mortgage tax deduction that comes with it. After all, everyone says that you should hold off on fully repaying your mortgage because the tax deduction saves you money. Unfortunately, that common sense advice isn’t really sensible at all, and may actually be costing you money.

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Romance on a Budget

Romance on a Budget

So Valentine’s Day is 10 days away and you still don’t have a gift for your significant other. Don’t worry, I’ve also been procrastinating, but we’re going to get through this together. I’ve compiled a list of low-budget gifts and dates to help us make Valentine’s a success on a budget.

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A Rose on Any Other Day

A Rose on Any Other Day

If you’ve recently visited a store, you know Valentine’s Day is almost here. I’m a huge romantic sap and love the idea of Valentine’s Day, but the hype is a little out of control. Yes, chocolate is delicious and roses are pretty, but they are also expensive extras. While it is definitely important to take time to appreciate your significant other, and Valentine’s Day is a good day to do so, it’s important not to break the bank in the process.

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Personal Finance Insights from Self-Employed Women #WMWeek17 @femmefrugality

Personal Finance Insights from Self-Employed Women #WMWeek17 @femmefrugality

Yesterday I had the privilege of organizing an event in honor of Women’s Money Week at Whetstone Workgroup. Since the patrons at Whetstone are self-employed, we set up a discussion with financial counselor Katharine Perry on saving for retirement when you’re self-employed (and female.)

I  learned a lot about what self-employed women are worried about when it comes to personal finance, and also got some insights from those who have done this freelancing gig for a lot longer than I have. I wanted to share some of that with you here today.

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A Quick Hack To Raise Your Credit Score Before You Apply For Credit #WMWeek17 @OwnYourMoney

A Quick Hack To Raise Your Credit Score Before You Apply For Credit #WMWeek17 @OwnYourMoney

Managing your credit — credit cards and your credit scores in particular — can seem so confusing and even a little scary.

You don’t want to do anything to hurt it, but it seems like even the smallest wrong move can hurt your credit score. (Plus, it is so hard to know what a wrong move is, when even just having a high current outstanding balance can hurt it.) And even the smallest ding on your credit could affect the rate you get, or worse, if you even get the credit card or loan.

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Do Women Really Have Different Financial Planning Needs? #WMWeek17 @marybstorj

Do Women Really Have Different Financial Planning Needs? #WMWeek17 @marybstorj

The fight for female equality has been underway for more than a century. Since then, voting, birth control and other rights have been achieved. But not every woman is aware that there’s still a huge discrepancy in how financially prepared men and women are when it comes to retirement.

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How One Decision Can Lead to a Comfortable Retirement #WMWeek17 @ClaudiaRwealth

How One Decision Can Lead to a Comfortable Retirement #WMWeek17 @ClaudiaRwealth

In celebration of the 6th annual Women’s Money Week, see this post below about retirement investing. #WMWeek17

Gone are the days of the pension plan.

Most employers have decided that it’s the responsibility of the employees to provide for themselves in retirement. That’s partially because pension plans are essentially unsustainable.

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How Women Can Invest in Retirement #WMWeek17 @jsoniaedwards

How Women Can Invest in Retirement #WMWeek17 @jsoniaedwards

Some persons have the mistaken notion that they already make contribution to Social Security and that should guarantee them an income on which they can live when they retire. It is important for women to be aware that a social security pension is only one part of making proper provision for their retirement years. Are you ready to live on 40% of your current earnings?

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