13 Recipes for Financial Success: A Collaborative Cookbook

13 Recipes for Financial Success: A Collaborative Cookbook

Money Recipes
Just like your favorite version of apple pie (Dutch, French, Old Fashioned, double crusts, crumble top, caramel, or something else?), financial success has its own unique flavor depending on who you ask. To kick off this holiday season, we have put together a Financial Success Cookbook: Recipes for Financial Success. You can download it for free by clicking here, or you can read through all of the recipes below. 12 amazing authors contributed their own recipes (and we included one as well), so be sure to check out all of the recipes and links to the author’s sites below. Recipes for Financial Success If you are looking for a recipe to improve your finances, you’ll find at least one (if not more) here worth trying. Find the one that matches…
Read More
A Giving November Reminder and Roundup

A Giving November Reminder and Roundup

Giving
It’s November. This means that the holidays are nearly here. You are probably planning your Thanksgiving feast and pre-ordering Christmas presents out of fear of supply chain delays ruining your Christmas plans.  But now is a great time to stop and think about those who don’t have everything they need to enjoy the holidays this year, whether it's money, food, shelter, or missing family members around the table.   Now is a good time of year to pause, and not just to express gratitude, but to actually give back. So in lieu of the normal Sunday post from Sam, I wanted to take a minute to link to our series from last year about Giving November. Everything You Should Know About Giving November Here are all of the posts, with some…
Read More
Recipe for Starting a Business

Recipe for Starting a Business

Money Recipes
As part of our money recipes series, today we are tackling how to start a business to earn more money. But what is the best recipe for starting a business? Read on to learn how you can launch your own business and maximize its chances of success. Recipe for Starting a Business Today’s recipe requires some improvising. It’s truly not one size fits all.  While the ingredients will always remain the same (unlike our recipe for earning more money), you can still fine-tune this protocol to fit your unique needs. Ingredients An idea Hustle Perseverance Coffee Ingredient amounts will vary and need to be determined as you go. Cooking Steps Take one part hustle, sprinkle in a good idea. Shake vigorously. Wait.  Continuously add hustle while sprinkling in perseverance when…
Read More
Recipe for Earning More Money

Recipe for Earning More Money

Money Recipes
As part of our money recipes series, this time we aren’t focused on what to do with your paycheck. Instead, we are tackling earning more money. What is the best recipe for earning more money? Some of my favorite traditional food recipes are the recipes that have a base recipe with multiple options for different flavors or mix-ins.  Think of your favorite cookie recipe base, but then consider the different choices of what to add to make them chocolate chip, or nut, or oatmeal, or monster goods, etc. Or muffins. Maybe pizza. Or even quiche. All of these start with a base recipe that allows you to add different ingredients depending on what you have in your kitchen or the outcome you are looking for. Recipe for Earning More Money…
Read More
A Recipe For Your Paycheck

A Recipe For Your Paycheck

Money Recipes
Something about the fall season makes me want to cook. Specifically, I want to turn on the oven and bake cookies, breads, quiche, crisp, cobbler… you name it. So in the spirit of fall, we are going to run “recipes” for the next few weeks on Women’s Money. Recipe For Your Paycheck The goal of this recipe is to create and shape your after-tax dough so that you know exactly what to do with your paycheck. In order to create this dough, you need to make your before-tax dough first. As a result, it is a multiple-step process that can take several days. Your Pre-Tax Dough This includes:  Taxes (Including FICA/Medicare/State/Federal)Health/Vision InsuranceLife/Disability InsuranceHealth Savings AccountFlexible Spending AccountRetirement Savings Start with your total paycheck. Determine how to complete your company’s tax…
Read More
What Every Woman Needs to Know About Safety Nets

What Every Woman Needs to Know About Safety Nets

Health
What will catch you when you fall?   This is the most important question to ask yourself this week.  I hope that you are doing enough with your life that you will stumble and fall down. Life isn’t easy, and if it is for too long, you aren’t trying hard enough. Failure happens. And failure helps launch us to future growth. But what happens when you fall and there is no one or nothing to catch you? It’s a lot harder to get back up.   So, in the spirit of doing more hard things, we must ensure we have the right safety nets in place. Why are Safety Nets Important? First, why are safety nets so important? As we’ve already established, you can try to fly higher when you have a…
Read More
What Every Woman Needs to Know About Relationships and Money

What Every Woman Needs to Know About Relationships and Money

Miscellaneous
Relationships of all kinds are complicated. Whether it’s your relationship with your spouse, boyfriend or girlfriend, kids, parents, boss, colleagues, or friends, relationships are even more complex when it comes to money. These ten things are what every woman needs to know about relationships and money. Things to Know About Relationships and Money Make sure you aren’t caught off-guard when it comes to money and relationships. Here are some things you need to know to maintain your own financial wellness while safeguarding your relationships. 1. Don’t Rely on Your Spouse I hope that you can count on your spouse to support you in sickness and health for your entire life. For many people, even with divorce rates at historic highs, there is still a good chance you can count on…
Read More
What Every Woman Needs to Know About Saving for Retirement

What Every Woman Needs to Know About Saving for Retirement

Saving & Investing
We all dream of the day we can retire from work. Unfortunately, most retirement planning is done by men. Complicating matters further, it is critical for women to think about saving for retirement differently than men.   Things to Know About Saving for Retirement. Here are four things women need to know about saving for retirement. 1. You Will Live Longer Than Men in Your Life On average, women live longer than men. In the U.S., the preliminary data for 2020 from the CDC shows that for all races, women have a life expectancy of 80.5 years, while men have an average life expectancy of 75.1 years.  This means that you’ll likely need to save for an additional five years of retirement as compared to a man in the same position.…
Read More
7 Things Every Woman Needs to Know about Spending Her Money

7 Things Every Woman Needs to Know about Spending Her Money

Goals / Taking Action
I always think of September as a second fresh start to the year. With kids heading back to school, there is something in the air that exudes a restart.  After Labor Day is a great time to reflect on the year so far and determine what you still want to accomplish. For anything that has gotten off track, it’s a good time to start anew. In the spirit of back to school, back to basics, we are running a “What Every Woman Needs To Know About Money” series this month. To start off, we will cover what every woman needs to know about spending money.  Things Women Should Know About Spending We all spend money. How you spend your money is mostly up to you, and we will get to…
Read More
6 Surprising Benefits of Having a Hobby

6 Surprising Benefits of Having a Hobby

Health
When I was a law school student, I attended a speech by our state’s Chief Justice of the Supreme Court, a woman who was in her late 40’s or early 50’s at the time. Besides being Chief Justice, she was also a mom.  At the time, I thought I was an exceptionally busy person. I was a full-time student and ran a business part-time. But I still had ample time for myself each day, whether it was watching TV, renovating our 1920’s house, planting a tomato garden, or brewing homebrewed beer.  So during this event I was shocked when the Chief Justice gave us some advice: Always make sure you carve out at least an hour each week for a hobby. At the time, I was shocked. An hour a…
Read More