Women Veterans – How to Overcome Financial Uncertainty

Women Veterans – How to Overcome Financial Uncertainty

#WMWeek17, Credit, Debt, Goals / Taking Action, Miscellaneous, Take Action, Veteran's Day
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,…
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Acorns to Assets: Preparing Financially for 2017

Acorns to Assets: Preparing Financially for 2017

#WMWeek17, Budgeting, Debt, Entrepreneurship / Making Money, Goals / Taking Action, Take Action, Women's Money Week
So 2017 is approaching and your financial situation is less than ideal. Believe me, a broke college graduate, when I say I understand. But it’s time to take that mess and sort it out. A scary prospect? Absolutely. But one of the most important things to remember is that building a stable financial life is a process. It’s not going to happen overnight, and that’s okay. I have a few tips and tricks to help begin the process of turning your financial acorns into 2017’s assets.1. BUILD THAT BUDGET!The key word here is “build”. Your budget is your plan for how you will spend your income, and as you change your spending habits and lifestyle your budget should reflect those changes.The first step in building a budget is tracking your spending.…
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Life After Debt: Journey to Financial Freedom

Life After Debt: Journey to Financial Freedom

#WMWeek17, Debt, Goals / Taking Action, Money in Your 20s/30s/40s/50s/Retirement, Popular
Consumer Recovery Network and storyteller Sarah Li Cain have teamed up together to produce a series of videos entitled “Life After Debt”. The series will feature ordinary people who were in serious debt and their journey out of it. The people who share their stories reveal the struggles with money and how being debt free has impacted their lives for the better. Not only that but they share what has helped them along the way, whether it’s listening other people’s story or getting outside assistance.The video series was created with the goal of helping people know that they are not alone in struggling under the mountain of debt. By openly sharing struggles with money and that a happy financial future is possible, the hope is that viewers are inspired and…
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7 Ways Your Bank May Be Robbing You Blind

7 Ways Your Bank May Be Robbing You Blind

#WMWeek17, banking, Budgeting, Debt, Miscellaneous, Money in Your 20s/30s/40s/50s/Retirement, Saving & Investing, Women's Money Week
Putting money in the bank always feels satisfying. But how do you decide which bank to put your money in? The first thing to consider when choosing a bank isn’t their rewards program or the quality of their commercials. It’s their fees. Realistically, whatever bank you use is going to charge fees, but you want to keep as much of your money as possible and not give it to the bank. Look at your bank, are you getting robbed of your money little by little?  Researching the type of fees associated with checking or savings accounts will save you money in the long run, because you can choose a bank with the lowest number of fees and avoid triggering circumstances.Overdraft fees are one of the most common bank fees. Putting…
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