What’s Your Next Step?

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Sometimes the thought of creating a savings and investment plan to reach your financial goals can seem completely overwhelming. There are five steps to Make a Rich Life at Financial Woman. Your money is just like other areas in your life; the best way to create the outcome you want is to focus your energy on one step at a time. Victory from that one step propels you to take the next step as you see improvements in your financial health. Before you know it, you are making significant moves toward your financial goals. Think about the next step for you to take to have the life you really … [Read more...]

Friday Financial Woman Money Solutions

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Enjoy my Friday money solution and enhance your financial savvy one simple step at a time. Are you loving your money?  Give it the attention it deserves so it can grow and flourish.  Remember:  What we give our attention to grows! Investing is simpler than you think! … [Read more...]

Which Sounds More Fun to You?

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Increasing Cash FlowStep three in the Financial Woman Grow Your Money system is creating positive cash flow so you can put aside more money to grow. While I hate to state the obvious, it’s easy to lose site of the fact that there are two ways to increase cash flow: reduce your spending or increase your income. (Does one instantly sound more enticing than the other?) Below are a few perspectives on increasing your cash flow via the increased income vs. reduced spending avenues: Increasing your income while also reducing your spending is a double win; spend more consciously only on those … [Read more...]

Your Honey and Your Money

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At Financial Woman, you’ve probably read that the place to start achieving your financial goals is by defining your money reasons, or why money matters to you. With this being Valentine’s week, I thought it would be the perfect time to address a common question I hear; “What do I do if my husband is not on the same page with me about our finances?” If you are in a committed relationship, or considering one, complete this money reason process together since you’ll be working as a team toward the life that you want to create. Schedule quiet time to allow 10 minutes for each of you … [Read more...]

Friday Financial Woman Money Solutions

Couple Examining New Car for Sale

Enjoy my Friday money solution and enhance your financial savvy one simple step at a time. Live with style AND grow your money!  Buy a good quality used car with low miles to avoid that instant 5% depreciation when you drive off the lot.  Find a reputable dealer that specializes in top quality used cars, or check Craig’s list and get it checked by your own mechanic before buying. Investing is simpler than you think! … [Read more...]

Wednesday Wealth Art

Own Your Financial Health!

Sometimes it can seem as though your money is someone else's responsibility, especially if you outsource your wealth management, or another family member oversees your investment plan. While you may be hiring someone with expertise that can help you make smarter investment decisions, it's your job to evaluate the results you are getting; be sure to become familiar with some simple tools that will enable you to easily monitor and evaluate your investments, just as you would in other areas of your life. What happens if an investment is made that looses money? You are the one that will be hurt … [Read more...]

This Is One Money Tool You Have to Use!

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The S&P is up 7% thus far for the year as I type this post for Financial Woman. If it were December, that return may seem pretty boring, but in early February, that number sounds rather remarkable. However, shorter term monthly returns are not the point that I want to make in this article, especially since that number will probably change by the time you read this. Instead, I want to focus on the more important notion of what the S&P being up 7% really means; this is a super important concept for anyone wishing to grow their money and reach their financial goals. The S&P, one of … [Read more...]

Friday Financial Woman Money Solutions

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Enjoy my Friday money solution and enhance your financial savvy one simple step at a time. It can be empowering to see the future value of your wealth compounded over time, and even more empowering to follow your money plan. Investing is simpler than you think! … [Read more...]

Want a Crystal Ball for Your Money?

The term financial goals can seem vague and in the distant future, but in reality, your financial goals are a result of the choices you are making today about: The level of attention you give to your money Your daily spending habits Your daily earning habits (Days turn into weeks, then months, then years, right?) This paradigm can easily be seen when you look to see how much your money will be worth at a certain future date, based on the amount of money you put away to grow, and the earnings you achieve from investing that money. The importance of this concept led me to create a … [Read more...]

This Really Got My Attention

Traditional Japanese Tea Ceremony

The old saying “the way you do one thing, is the way you do everything” keeps surfacing in my life. When something appears three times or more, it definitely gets my attention. I have thought about this statement quite a lot lately; I believe it’s really true, and have even decided to put it to the test. This year I have decided to choose a focus area for personal growth, and now plan to do this each new year; I think that business growth and personal growth are really one in the same; when we increase our skills or lifestyle, we grow personally as a result of that … [Read more...]