10 Things You Shouldn’t Pay For  – #WMW16 @simplysavemn

10 Things You Shouldn’t Pay For – #WMW16 @simplysavemn

#WMW16, Budgeting, Saving & Investing, Women's Money Week
One of my favorite sayings is, “Don’t pay for what you can get free.” Legally of course. There are tons of things we pay for that we could get free, but we either don’t think about it or don’t know about it. Here are some ideas for you of things you shouldn’t pay for.There are tons of things we pay for that we could get free.Read More >>by Heather Shue
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3 Quick Tips to Save Big  #WMW16  @WomensMoney

3 Quick Tips to Save Big #WMW16 @WomensMoney

#WMW16, Debt, Money in Your 20s/30s/40s/50s/Retirement, Saving & Investing, Women's Money Week
Think Small - setting aside one to five dollars a week can yield big results.  A plane ticket to a dream vacation or your first college savings or emergency savings account.Get Together - With your family or friends or your Women's Money mentoring group - pick a topic you want to learn more about. Research it and share it.  Start a conversation.  Learn from others to help find solutions and reduce confusion.Track Your Spending - Writing down every penny you spend can be a real eye-opener.  The good news is that you are already spending it, so what are you afraid of.  Tracking your spending is like finding hidden gold.  
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Simple Ways to Organize Your Financial Documents  #WMW16

Simple Ways to Organize Your Financial Documents #WMW16

#WMW16, Budgeting, Goals / Taking Action, Miscellaneous, Money in Your 20s/30s/40s/50s/Retirement, Relationships & Money, Saving & Investing, Women's Money Week
Chances are that organizing your finances probably doesn’t rank at the top of your list of awesome ways to spend an afternoon.But this to-do is just as important—if not more so—than cleaning out your closet or tidying up the garage. And, at some point, we all just need to buckle down and tackle it.Here is a simple two-step approach to organizing your financial documents. Keep Track of Electronic Accounts Organize your electronic passwords. You can do this with the Electronic Accounts Recorder.  This handy tool is available through the Women's Money mentoring program or in your Women's Money Guidebook.Create a One Sheet "Map" of Important DocumentsUse a Vital Documents Inventory to keep track of documents like: passports,birth certificates,stock certificates,social security card,  immunization records, etc. The Vital Documents Inventory Sheet is also another…
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How to Start Saving More Money Today

Saving & Investing
If you're like many of us, then you're probably tired of spending all your money and want to save more. Maybe you have goals of saving for a vacation, a wedding, a house, or even a rainy day. While it may take a while to save enough to reach these goals, you can do numerous things today that will save you more money. Try these 10 things to start saving more money today: (more…)
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Three Critical Types of Savings

Saving & Investing
One of the keys to financial success is planning – especially planning for the unexpected. Another key is patience. The way you interact with money and plan for the future impacts your long-term financial health. Your savings plan can keep you on track, prevent you from going into debt, and protect you from financial setbacks. As you create a savings plan, there are three major types of savings to focus on: (more…)
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Put Your Retirement on Autopilot

Saving & Investing
Are you afraid of your 401k? You’re not alone. Back in the ‘90s, there was a terrible retirement problem looming. Pension plans were disappearing, and 401k plans were taking their place. But few people understood how these new vehicles worked (or wanted to sign up for them). So companies began enrolling employees into retirement plans automatically—which solved one problem and created a bigger one: (more…)
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Informative Resources for the Beginning Investor

Saving & Investing
Investing is a huge component of personal finance, and one that can often be intimidating for beginners. If you've never invested before, you probably don't know where to begin, how to invest, where to invest, or what are good strategies. You may have questions like: What's the best investment option for you? Should you choose stocks and bonds, or is gold your claim to fame? How much money should you put in? How long should you be an investor? (more…)
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Comparing Online Savings Banks

Saving & Investing
Online savings banks are a great option if you would like to save money and earn interest for a period of time. High-yield savings accounts earn more interest than savings accounts you'd find at your big banks or local credit unions. Unfortunately, you probably won't find rates any higher than 2% any time soon due to the decline in the economy. However, some interest is better than none and these accounts have some of the highest interest rates. (more…)
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