How to Save Money as a Single Woman  #WMW16

How to Save Money as a Single Woman #WMW16

#WMW16, Money in Your 20s/30s/40s/50s/Retirement, Saving & Investing, Women's Money Week
Women’s Money Week — now that’s a topic that’s near and dear to my heart.On my own blog, I write extensively about my financial life as a single woman. It’s not necessarily better or worse than being part of a couple, but there are definitely both pitfalls and bonuses to look out for.In this post I’m going to write about why single women should be especially attuned to saving money, and how they can do it effectively.First things first:...READ MORE >>
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Money Lessons for my Younger Self  #WMW16 @ctwbdc

Money Lessons for my Younger Self #WMW16 @ctwbdc

#WMW16, Budgeting, Debt, Entrepreneurship / Making Money, Money in Your 20s/30s/40s/50s/Retirement, Saving & Investing, Women's Money Week
When I turned 14 and it became legal for me to get my first job, I did.  Throughout my teen years I held multiple jobs, often times simultaneously.  During those years, I mastered bagging groceries (there is an art to this!), making the perfect cup of coffee, became knowledgeable about fish and reptiles, stacked underwear precisely by the dozen and provided the perfect bra fitting, gained skills and an admiration for great lawn care, and mastered creative playtime with youngsters.  If there was one thing my parents taught me, it was the value of hard work.I look back on those formative years and have to laugh.  Although I was working really hard, I really wasn’t working very smart.  I was a kid, living at home, and had all of my…
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How To Build an Emergency Fund ->> FAST!!  #WMW16 @WomensMoney

How To Build an Emergency Fund ->> FAST!! #WMW16 @WomensMoney

#WMW16, Budgeting, Goals / Taking Action, Money in Your 20s/30s/40s/50s/Retirement, Saving & Investing, Women's Money Week
If you don't have much or any emergency savings, take heart.  You're not alone.  According to Credit.com, many people aren't adequately prepared to manage paying for an unexpected expense or emergency. According to the Federal Reserve's 2014 Survey of Household Economics and Decisionmaking, 47% of Americans say that they wouldn't be able to cover a $400 emergency expense. That often leads to maxing out credit cards, taking out expensive short-term loans, or worse.Here's a few tips to help you start and build an emergency fund in the fastest way possible (other than scoring a major windfall).Start Focusing on the "Inconvenience Fund"As the study mentioned, most Americans can't afford an unexpected $400 expense.  This often times isn't even considered a true emergency...it's mostly an "inconvenience" like car tires, parking ticket, unexpected…
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To Budget or Not to Budget #WMW16  @foundingmom

To Budget or Not to Budget #WMW16 @foundingmom

#WMW16, Budgeting, Entrepreneurship / Making Money, Women's Money Week
In the beginning of my transition from 9 to 5 life, I tried to budget every penny, now when I say budget, I mean the part where you try to plan where every dollar is going to go. After my dollars decided to go where they pleased instead of where I’d told them to go I quickly learned that life as an entrepreneur for me was less about planning and more about preparation.Read More >>Provided by FoundingMoms.com 
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#WomensMoney Week: Budgeting & Spending  #WMW16 @lilmsmoneybags

#WomensMoney Week: Budgeting & Spending #WMW16 @lilmsmoneybags

#WMW16, Budgeting, Debt, Saving & Investing, Women's Money Week
Dirty confession: I haven't had a budget in years.I think there are two ways to approach personal finance, and I've done both. One is a zero-based budget, where each dollar is assigned to a category and once you run out of money in a category, you don't get any more until the next pay period or month. The other way is to track every dollar you spend, so you can monitor trends and adjust as needed. Both work very well, if you're diligent, but I think they work for different circumstances. Read More >>by Little Miss Moneybags
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5 Tips for Business-Like Budgeting for the Home  #WMW16 @barbfriedberg

5 Tips for Business-Like Budgeting for the Home #WMW16 @barbfriedberg

#WMW16, Budgeting, Entrepreneurship / Making Money, Money in Your 20s/30s/40s/50s/Retirement, Women's Money Week
Successful businesses have one thing in common: they are good with their money. If you want to maximize your money at home, you should take a business-like approach to budgeting. Here are five things that successful businesses do well, and tips to help you do the same!Read More >>Submitted by Barbara FriedbergBy staff columnist,  Alexandra Deluise
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How to Save for Retirement as an Entrepreneur – #WMW16 @BrightwaterFin

How to Save for Retirement as an Entrepreneur – #WMW16 @BrightwaterFin

#WMW16, Budgeting, Debt, Entrepreneurship / Making Money, Saving & Investing, Women's Money Week
When I asked a group of local working moms, many who are self-employed, about their money and financial planning questions, the very first question was around saving for retirement:When I left my corporate position to become self-employed, I sacrificed contributing to a [company-sponsored] 401(k). I know I could pursue a self-employed 401(k), but I have no idea how that works. I don’t get matching now and it makes me wonder if it’s even worth it. My husband is saving to his. Do I need to resume, too? So, my question would be – do you recommend any options? Is there a bare minimum someone should save?Read More >>by Cathy Derus
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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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Grounded Magic: Rethinking the Law of Attraction #WMW16 @Mikelann

Grounded Magic: Rethinking the Law of Attraction #WMW16 @Mikelann

#WMW16, Budgeting, Goals / Taking Action, Money in Your 20s/30s/40s/50s/Retirement, Relationships & Money, Women's Money Week
Can you attract more money?We’ve all heard about the “Law of Attraction”—that what you focus on, you attract.  (This was popularized in the book and movie, The Secret.) Said another way—many believe that your thinking creates and brings to you what you think about. While this may sound a bit overstated, I do believe that what you focus on tends to expand. Therefore, it is very important to be aware of what you focus your thoughts on.  Yes – the Law of Attraction can be very powerful.Read More >>by Mikleann Valterra
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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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