How the Power of Community Helps You Dump Debt
- Created on 07 May 2015
I'm more convinced than ever that working with a supportive community will positively impact your efforts to achieve debt freedom. That community may be as simple as a spousal unit. You might informally connect with like-minded friends. Or, you can be intentional about creating a support system.
Either way - it's worth the effort.
How to Persevere, Win With Money, and Find Financial Peace
- Created on 30 April 2015
In the beginning, I understood personal finances to mean paying your bills on time and ensuring there was enough money in the account to cover checks.
Leaving home at seventeen to enlist in the Marine Corps set me up to receive money on the 1st and the 15th of every month. Early in my career, I obtained my first credit card. It was the AAFES STAR card with a 0% interest rate that could only be used for uniform clothing.
Over the next ten years, I applied for and received multiple loans (auto, consolidation, and personal) and had several credit cards. I remember thinking to myself, if they approved me for it, then it must be good.
I was so wrong.
Master Your Money Recap
- Created on 27 April 2015
I had the pleasure of working with a phenomenal group of personal finance bloggers to present a two-part webinar for Money Smart Week. Money Smart Week is an annual effort organized by the Federal Reserve Bank of Chicago intended to improve financial literacy nationwide.
The week has grown to consist of workshops and seminars in person and online in many cities across the country. The best thing about the week - all events are FREE!
Money Smart Week is always held during Financial Literacy month in April.
5 Ways to Avoid Food Waste and Reclaim $1500
- Created on 24 April 2015
A new documentary caught my attention as documentaries generally do. We're throwing money away. This time via food waste.
I'll admit it. I have that problem after grocery shopping. Items don't actually make it into meals and end up in the garbage. Generally produce risks this fate in my house. I know better with meat. Freeze it immediately.
I've even conspired to chop up my less frequently used veggies, bag and freeze them until needed. Somehow that always ends up being a task for tomorrow.
A few cents lost on peppers or a squash down the tube really adds up. According to Just Eat It, we're throwing away $1500 in food waste per year.
That's just the average.
Ease the Pain of Infertility on Your Heart and Wallet
- Created on 20 April 2015
National Infertility Awareness Week runs April 19-25. The week is sponsored by RESOLVE, a reproductive health advocacy organization. Visit their website to find a list of events nationwide.
God has settled me in the home as a happy mother of two, but my journey to parenthood wound through 9 years of infertility treatments, frustration, anxiety, isolation and a host of other emotional challenges. While I always expected to marry and raise children, it was never a major goal. Heck, I met my husband during my free-spirit streak (my 20’s) in Cancun.
Four years later, we jumped a broom and at some point expected to procreate.
Make Your Financial Plans Soar
- Created on 19 April 2015
Did you know there was a National Institute on Retirement? Me neither. Apparently, they study these things. Thankfully so, because Americans are not doing so hot in the savings arena.
- The median retirement account balance for all households is $3000.
- The median retirement account balance for "near-retirement" households is $12,000.
- 2/3 of households ages 55-64 have less than one year's income in retirement saving.
If those numbers catch your attention, then you'll be interested in what Carl Richards has to say about it. I had a chance to chat with him on the Midday Money Show about his latest book, The One-Page Financial Plan.
5 Frugal Fitness Options
- Created on 15 April 2015
Losing weight and dumping debt have similar features.
Both can lead to a more fruitful future.
Both can leave you feeling lighter.
Both can take you on journey of triumphs and setbacks.
Both require constant attention in order to see results.
Both can seem like pure hell if you're not naturally inclined to work out or manage money. It doesn't matter. Developing an affinity for both is a good thing. The sooner we accept it, the better off we'll be. There is no need to sacrifice our health while detangling from debt. However, taking on a gym membership or working out with a personal trainer may not be in the best interest of your monthly budget. Consider the following fiscal options instead.