The best way to become financially secure is to not only seek professional advice but to also act on it when you receive it. It is hard when we put our money into intangible things because we do not have the pleasure of enjoying it right at this moment. You have to realize though that the decisions you make today will have an impact on your future. That is what I have to remind myself every day, … [Read more...] about Retirement: Live by Design and not by Default
Archives for June 2012
Goal setting is beneficial for people reaching to succeed. It is easier to be successful when a plan of action is set. The task of goal setting is consistently recommended, but is it ever discussed why? Why is it beneficial to set goals? The benefits of goal setting can be grouped into three simple sections: Mental Recognition, Visible Motivation, and Organization. Thinking of a goal creates a … [Read more...] about The Importance of Goal Setting
With all of the advances in medicine and the application of healthier lifestyles, our human population is finding ways to extend our life span. We are living much longer than we used to which means we have more years we need to be financially stable. When many people think about retirement, they see themselves retiring at age 65 living on a beach house somewhere in Hawaii. No more worries about … [Read more...] about How Protected Are You?
I was speaking with a friend who was telling me about a new friendship of hers that had gone wrong. When I say gone wrong, I mean dealing with a girl whom she called a friend but when she thought about it, she was doing all the heavy lifting in their relationship while her so-called friend was only taking consistently. Since I feel that I have had several friendships like this in my life, I … [Read more...] about Millennial Mindset: What Are You Getting Out of Your Friendship?
Most people enjoy visiting a new country but sigh at the prospect of packing. You, dear reader, may be one of those who appreciate the art of packing, who enjoys planning out different outfits to mix and match for every day you’ll be gone. I, too, enjoy this most mundane of tasks, but perhaps for different reasons. I've come to see it as a metaphor for letting go of emotional baggage. It may … [Read more...] about Easy Tips on Packing Smart
Is your ability to earn an income protected? Disability insurance is very important for everyone to have not just through work but also outside of work. It is not enough to settle with just the benefits you have through your employer. Basics About Employee Benefits: Many people I’ve sat down with usually have some sort of employee benefits through their work. Most companies provide short-term … [Read more...] about Protect Your Ability to Earn an Income
As mostly middle-class, educated Americans, we can afford to drop a couple extra bucks on extravagances. Maybe an irresistible frilly skirt from Anthropologie or that last $10 cocktail at the bar. These luxuries certainly aren’t breaking the bank, but they add up. If you’re splurging on that “Oh, I shouldn’t” top-shelf martini once a week, you’re taking away damn near $500 a year from your savings … [Read more...] about The Caloric Value of Money
Continuing from my last blog "Building a Strong Financial Foundation," I'll go more in-depth about life insurance and why it is important to have it in place at a young age. Life insurance is based on your age and health. The younger you are and the healthier you are, the less expensive your premiums will be. Why? Life insurance is based on the risk of you dying. If you apply for life insurance … [Read more...] about Lock-In Your Insurability
“Hmm,” the bear rumbled, squinting through his monocle. Molly noticed a crack in the glass, something she hadn’t caught before, and wondered why such a proper bear didn’t fix it. He hummed again, though in any other of his kind, the sound might have been a growl. Resonating in his chest, it was merely the grumbling of a critical older gentleman. “Not sure why I bother with this thing,” the bear … [Read more...] about The Unordinary, Never Extraordinary Part 6: Pink Funerals
I was one of the lucky ones. I came out of college with a great job that paid me a relatively generous salary. As a twenty-two year old with very few expenses, I was doing quite well for myself. Unfortunately, being one of the very few members of my peer circle that had a job that paid me more than minimum wage, I was instantly set apart. Making more money than the rest of my friends and anyone I … [Read more...] about The Salary Shift: How Your Money Affects Your Relationships
As a 23 year old in the financial industry, it surprises me how much I have already learned about money and investing. Even though my four years in college was very valuable in getting me to where I am today, it is the real conversations I have with people that makes what I know impactful for other people. That is why I am so blessed to have this opportunity to reach out to all of you ladies who I … [Read more...] about Building a Strong Financial Future