5 Small Goals (with Huge Impact) You Can Make Today

Goals / Taking Action, Popular
Lofty goals are crucial to financial success. They motivate you and give you direction. But small goals should also be a part of your larger plan (because a large goal without incremental steps is difficult, if not impossible, to achieve.) Here are five small goals you can set today that will lead to your financial success: 1) Goal: Stay Up to Date with Personal Finance One of the best ways to achieve financial success is to keep up to date on what’s new in personal finance. Here are a few great ways to do that: (more…)
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Should You Budget? No, Don’t Budget

Budgeting
What’s the second worst “B” word? Budget. Most people equate the word “budget” with something awful - like deprivation. No one is ever excited about budgeting, because it always means you don’t have enough of something. And not having enough, well who likes that? When you set out to budget, few people think of that as reallocating their resources. Rather, they think of it as cutting back. (more…)
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What Women Need to Think About in Saving for Retirement: 4 Considerations

Popular, Saving & Investing
Planning for retirement is different for men then women. Here are 4 major considerations to keep in mind: Life Expectancy Women, on average, live longer than men. In the US, the preliminary data for 2007 from the CDC shows that for all races, women have a life expectancy of 80.4 years while men have an average life expectancy of 75.4 years. That means that chances are you need to save for an additional 5 years of retirement than a man in the same position would save for. For Black or African American women (as categorized by the CDC) the life expectancy is different by nearly 7 years. (more…)
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A Case Against Separate Accounts: 7 Reasons Shared Accounts Are Better

#WMW12, Popular, Relationships & Money
There are a lot of great reasons to have separate accounts, but they are not for every relationship. In fact, I’d argue that most couples would be best with only shared accounts. Here are 7 reasons why. (Note that in this post I use the term “significant other” interchangeably with “spouse.” When I use the phrase “significant other” I really mean: extremely super significant other - such as a partner, spouse, or whichever term you use to describe the person you’ve made a commitment to spend the rest of your life with.  By “significant other” I don’t mean “whatever person you’re randomly dating who you aren’t 100% sure about.”)Having Separate Accounts is Against the Values that Relationships Are Built OnWhat is a relationship built on? Trust, honesty, respect.  Sharing an…
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