Blog - Page 5 of 30 - Women’s Money

07Nov 2021 by Tammy Camp

The Best Question to Help You to Find Your Purpose

“You cannot be anything you want to be -- but you can be a lot more of who you already are."- Strengthsfinder 2.0, Tom Rath As part of my work to figure out what’s next after my sabbatical, I’ve been doing a lot of reading in order to try to find my purpose. I’ll share a list of recommended books at a later point in time. One of my recent purchases was StrengthsFinder 2.0. For those who aren’t familiar with it, StrengthsFinder is part of Gallup. It leverages enormous amounts of data to help people uncover their strengths. I highly recommend it. In the intro to the book, Tom Rath challenges the conventional wisdom about trying to improve your weaknesses and, notably, that you can be anything you want to…

03Nov 2021 by Elizabeth

Recipe for Earning More Money

Money Recipes

As part of our money recipes series, this time we aren’t focused on what to do with your paycheck. Instead, we are tackling earning more money. What is the best recipe for earning more money? Some of my favorite traditional food recipes are the recipes that have a base recipe with multiple options for different flavors or mix-ins. Think of your favorite cookie recipe base, but then consider the different choices of what to add to make them chocolate chip, or nut, or oatmeal, or monster goods, etc. Or muffins. Maybe pizza. Or even quiche. All of these start with a base recipe that allows you to add different ingredients depending on what you have in your kitchen or the outcome you are looking for. Recipe for Earning More Money…

27Oct 2021 by Elizabeth

A Recipe For Your Paycheck

Money Recipes

Something about the fall season makes me want to cook. Specifically, I want to turn on the oven and bake cookies, breads, quiche, crisp, cobbler… you name it. So in the spirit of fall, we are going to run “recipes” for the next few weeks on Women’s Money. Recipe For Your Paycheck The goal of this recipe is to create and shape your after-tax dough so that you know exactly what to do with your paycheck. In order to create this dough, you need to make your before-tax dough first. As a result, it is a multiple-step process that can take several days. Your Pre-Tax Dough This includes: Taxes (Including FICA/Medicare/State/Federal)Health/Vision InsuranceLife/Disability InsuranceHealth Savings AccountFlexible Spending AccountRetirement Savings Start with your total paycheck. Determine how to complete your company’s tax…

20Oct 2021 by Elizabeth

What Every Woman Needs to Know About Safety Nets

Health

What will catch you when you fall? This is the most important question to ask yourself this week. I hope that you are doing enough with your life that you will stumble and fall down. Life isn’t easy, and if it is for too long, you aren’t trying hard enough. Failure happens. And failure helps launch us to future growth. But what happens when you fall and there is no one or nothing to catch you? It’s a lot harder to get back up. So, in the spirit of doing more hard things, we must ensure we have the right safety nets in place. Why are Safety Nets Important? First, why are safety nets so important? As we’ve already established, you can try to fly higher when you have a…

26Sep 2021 by Tammy Camp

Best Unique Travel Resources for Planning a Trip

Sabbatical Sundays, Travel

I remember a trip to Ireland about 15 years ago. We drove across the entire country. How did we know where to go? We purchased an Irish road atlas from a travel store. I also used Mapquest (yes, remember Mapquest?!) to pull up the step-by-step directions on my home computer, then I printed them out and brought the printed directions on our trip. Now, I often travel to cities and don’t even do restaurant research ahead of time. I just use my Google Map to find-top rated restaurants “near me.” As we plan our extended trip for my sabbatical, here are the top unique travel resources I’m relying on to plan our search. Top Travel Resources for Planning a Trip We have become so incredibly dependent on the internet, but…

22Sep 2021 by Elizabeth

What Every Woman Needs to Know About Relationships and Money

Miscellaneous

Relationships of all kinds are complicated. Whether it’s your relationship with your spouse, boyfriend or girlfriend, kids, parents, boss, colleagues, or friends, relationships are even more complex when it comes to money. These ten things are what every woman needs to know about relationships and money. Things to Know About Relationships and Money Make sure you aren’t caught off-guard when it comes to money and relationships. Here are some things you need to know to maintain your own financial wellness while safeguarding your relationships. 1. Don’t Rely on Your Spouse I hope that you can count on your spouse to support you in sickness and health for your entire life. For many people, even with divorce rates at historic highs, there is still a good chance you can count on…

19Sep 2021 by Tammy Camp

How to Set Up Price Alerts to Find Cheap Plane Tickets: 7 Tips and Tricks

Travel

Given that my passions include travel and personal finance, it should be no surprise that I love searching for cheap plane tickets. A key to finding cheaper plane tickets for an international trip is to start your search early and set up a price alert. This gives you a baseline price and then allows you to strike and make a purchase when you see a good deal. Setting Up Price Alerts for Plane Tickets Here are my seven best tips for setting up a price alert and finding cheap plane tickets. 1. Get a Baseline Price Today The first step to finding a cheap plane ticket and setting up a price alert is to know the baseline price for the itinerary you are traveling. What tool you use doesn’t matter, but…

15Sep 2021 by Elizabeth

What Every Woman Needs to Know About Saving for Retirement

Saving & Investing

We all dream of the day we can retire from work. Unfortunately, most retirement planning is done by men. Complicating matters further, it is critical for women to think about saving for retirement differently than men. Things to Know About Saving for Retirement. Here are four things women need to know about saving for retirement. 1. You Will Live Longer Than Men in Your Life On average, women live longer than men. In the U.S., the preliminary data for 2020 from the CDC shows that for all races, women have a life expectancy of 80.5 years, while men have an average life expectancy of 75.1 years. This means that you’ll likely need to save for an additional five years of retirement as compared to a man in the same position.…

12Sep 2021 by Tammy Camp

Where Should I Travel Next Internationally? 9 Unconventional Ways to Figure It Out

Sabbatical Sundays

When you have an extended period of time to travel, like I will with my sabbatical, or even when you are just planning your next week-long vacation, you have to figure out where you should travel next. Have you been considering traveling abroad and found yourself asking, “Where should I travel internationally?” If so, these tips can help you figure it out. Ways to Figure Out Where to Travel Internationally Figuring out where to travel abroad doesn’t need to come down to spinning a globe and going wherever your finger lands. There are some unconventional ways to find an international travel destination that you’ll enjoy visiting. Here are some out-of-the-box ways to answer the question, “Where should I travel next internationally?” 1. Consider Your Personal Bucket List Do you have…

08Sep 2021 by Elizabeth

7 Things Every Woman Needs to Know about Spending Her Money

Goals / Taking Action

I always think of September as a second fresh start to the year. With kids heading back to school, there is something in the air that exudes a restart. After Labor Day is a great time to reflect on the year so far and determine what you still want to accomplish. For anything that has gotten off track, it’s a good time to start anew. In the spirit of back to school, back to basics, we are running a “What Every Woman Needs To Know About Money” series this month. To start off, we will cover what every woman needs to know about spending money. Things Women Should Know About Spending We all spend money. How you spend your money is mostly up to you, and we will get to…