Ready, Set, ACTION! #WMWeek17 @sdminvest
Happy New Year! For most of us, we use this season as the time we set aside to make plans to take action on things we have neglected the previous year. Have you ever taken a good look at the word “ACTION?” Interestingly enough, if you take the “I” out and place it at the beginning, it says “I Act On.” And like other plans you have, there is no better time to take action on and control of your finances. Here is a good six step action plan for you to act on for the new year:1. From your W2 or 1099, identify the source of your income and deductions. Then, minus deductions, identify how much you bring home per pay. This is your net income. Multiply this by…
Three Fun Ways to Reach Your Money Goals #WMWeek17 @patti4weatlh
It’s that time of year when everyone is thinking about setting new goals, and money goals are usually at the top of the list.If your New Year’s resolutions include money goals then you’ll love this article where I share three fun ways to make them a reality.A Harvard Business study revealed that those who have goals are ten times more successful than those without goals. But those with goals written down are three times more successful than those who have goals but are not in writing.Obviously, the most crucial key to reaching your money goals is to put them in writing. However, I have found that writing them down and doing nothing else brings minimal results.So what does it really take to reach your money goals?Here are three fun ways I…
First Step to Overcoming Financial Stress
#WMWeek17, Credit, Debt, Goals / Taking Action, Miscellaneous, Money in Your 20s/30s/40s/50s/Retirement, Relationships & Money, Take Action
It’s easy to despair over your finances, whether it’s your debt load, learning poor spending habits left you broke, or simply realizing you don’t know squat about doing your taxes. And it’s okay to have a cry once in a while. Crying is a normal reaction to stress. But when tears and despair become the norm when you think about your finances, you’ve got a problem. The more you despair, the more you lose hope and feel powerless to make any meaningful changes. News flash: this is your life, and you’re the only one who can improve it. And the first step to creating change and hope is gratitude. Feel free to roll your eyes at me. I know this answer sounds somewhere between “too good to be true” and…
Women Veterans – How to Overcome Financial Uncertainty
55% of veterans believe they are not well prepared for a financial emergency. 77% of service members have financial worries, and 57% worry especially about losing income and job security due to defense cuts. These statistics present a grim reality for America Veterans, regardless of gender. Approximately 11% of our veteran population is female, many of whom are mothers. If you are a female veteran feeling financial strapped and worried about your family, we at Women’s Money® salute and honor your service to our country and want to help you achieve financial security. Two-thirds of veterans report facing a health challenge resulting from their service. In recent disability claims of young veterans, 1/5 report Military Sexual Trauma (MST). If MST is something you struggle with and is impacting your life,…