Blog - Page 21 of 30 - Women’s Money

11Mar 2016 by Women's Money

Rent or Buy? This decision can save $100-$500 or more each month! #WMW16

#WMW16, Saving & Investing, Women's Money Week

In some areas of the country, you can save thousands of dollars a year just by making the decision of renting or buying. Never follow the advice of "it's always better to own". THAT'S NOT TRUE!! And, many of us found that out in 2008 or after. So what do you need to know to just if it is right for YOU. Here are some key "tests" to judge for yourself. Check Your Local Economy - Some places are hot markets right now, and it makes it so tempting to buy a home "before they are all gone". It's like a fire sale, but don't get sucked into the crowd mentality. Get a calculator, and figure it out for yourself. For example, let's say homes are selling for $100,000 in your area -…

11Mar 2016 by Women's Money

Was saving for college a New Year’s resolution? #WMW16 @NVTreasury

#WMW16, Goals / Taking Action, Saving & Investing, Take Action, Women's Money Week

As winter winds down and we are all bombarded with spring break plans, upcoming holidays (St. Patrick’s Day, Easter, etc.), I am reminded, once again, on how fast time passes by. It seems like just last month my daughter started high school, and yet my son and daughter are almost done with this school year! With both kids in high school focused on their grades and excelling in school, I realize how grateful I am as a parent.My kids are both very fortunate to have their health, friends, and family support to pursue their dreams as they move through young adulthood. Raising children is quite challenging, and doing it alone brings its own set of financial and emotional setbacks and choices. As we juggle financial priorities between life’s needs and…

10Mar 2016 by Women's Money

3 Money Mistakes to Avoid in Marriage (And What to Do Instead) #WMW16 @carrierocha

#WMW16, Budgeting, Relationships & Money, Saving & Investing, Women's Money Week

10Mar 2016 by Women's Money

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 >>

10Mar 2016 by Women's Money

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…

10Mar 2016 by Women's Money

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…

09Mar 2016 by Women's Money

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

09Mar 2016 by Women's Money

#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

09Mar 2016 by Women's Money

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

09Mar 2016 by Women's Money

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