What Boosts Retirement Savings Quickest?

September 19, 2012 By 5 Comments
bigstockphoto_Antique_Compass_Over_Money_1726479

Recently, while studying for a new financial certification, I read that increasing income does not achieve financial goals; it stated that financial goals are achieved through saving money, and the compounded earnings of those savings. Hmmm, this is a college level text book, so it should be right, but I don’t agree. This thinking does, however, reflect traditional financial planning, and what is still being taught and practiced by many. Of course, compounded earnings from savings is certainly a wonderful thing! No one could rightly argue with that, especially if those earnings are … [Read more...]

Only Orchids and Chardonnay?

April 26, 2012 By 2 Comments
Orchids and Wine

Have you noticed how much more efficient your trip to the grocery store is with a list? Without one, it’s easy to end up spending half the time you allotted for your trip browsing in the floral or wine department. Prioritized lists help us get the right things done in less time, whatever the task at hand, plain and simple. Have you created a list outlining your financial priorities? Because money issues can be so all encompassing, it’s easy to get side tracked and spend time on the less important tasks if you haven’t.  This can lead to creating a spending plan for your home remodel … [Read more...]

Are You a Leader of your Money?

December 29, 2011 By Leave a Comment

As women, we are often leaders in many areas in our lives, including home care, children, and aging parents. Each of these categories has other sub-categories, such as food planning, shopping and preparation, home decorating and maintenance, along with numerous other areas. I hear from some women that they just don’t have time to be involved with growing their money. I would like to invite you to take a leadership role with your money if you are not already. Let’s look at some of the habits of leadership. Leaders learn enough to lead. They don’t learn it all, but they learn enough … [Read more...]

Are You A Savvy Smart Spender?

September 28, 2011 By Leave a Comment
U.S. Coins and Paper Money

Financial Woman has an exciting new area focusing on creating more cash flow with savvy smart style. Increasingly, I am hearing from women that are concerned about their financial future, yet, they’re unsure what steps to take on a daily basis to start growing their money. Step 1 is increasing cash flow… As you’ve no doubt previously read at Financial Woman, cash flow is queen! One side of this equation is increasing income, of course, and the other side is smarter spending. As you probably know, focusing on both sides helps you reach your financial goals faster. Today, I am … [Read more...]

What’s the Magical Question?

September 8, 2011 By Leave a Comment

How much money will you need for retirement? That’s the magical question. What is retirement, anyway? Everyone has their own definition of retirement, but, for most people, it means a time where you can live off your money for the rest of your life. Over the weekend, I created some extra videos for the new course that will be on Financial Woman this month. The financial future video is one of my favorites, because I take you step by step through my favorite “Retirement Calculator” that I have used for years. Why do I love this video so much? Because you can find out just how much money … [Read more...]

Are you Platinum and Diamonds or Silver and Turquoise?

June 16, 2011 By Leave a Comment

Personal finance all begins with your very own money reasons. This has become more evident as I have worked with women at Financial Woman. Before we talk about investing basics, such as stocks, net worth or increasing income, we need to first look at why money matters. These reasons create the rich life you want; they call you to pay attention to your money so you can accomplish what matters to you. I like to call this your money reasons. Today I want to reflect on personal style, since clothes, jewelry and shoes are common areas where women spend in ways that don’t support the life they … [Read more...]