Are You Doing These Things?

May 16, 2012 By 4 Comments
Let's Teach Them Financial Empowerment!

Last week at the NAPFA (National Association for Personal Financial Planners) event, T.D. Ameritrade sponsored several women focused events. One event was a showing of the movie Miss Representation. It highlighted the influence media has had on women in leadership and political roles. Unfortunately, women in such roles has decreased rather than increased over the past thirty years. The pressure on girls to focus on their weight and appearance over education and leadership is alarming. According to the film, girls actually start saying they are not good at math around the age of twelve, … [Read more...]

Filed Under: Clarify Your Financial Goals, Grow Your Money, Increase Your Income, Investing, Personal Finance Tagged With: , , ,

Add Money to Your Life’s Toolbox

May 9, 2012 By 1 Comment
Handful of Paper Money

Forbes magazine published an article on the Top Five Money Mistakes Women Make. The first mistake given is being emotional about money. I believe that this trait ties back to the fact that money provides for our most basic needs of foods and shelter. After all, without this, we cannot even live for long. It is interesting that physical money is actually paper, and paper has little value. Once we add those familiar “dollar green” graphics, that paper takes on a life of its own triggering emotions ranging from security to fear or greed. One step to overcome the mistake of being … [Read more...]

Filed Under: Clarify Your Financial Goals, Money Solutions, Nest Egg News, Personal Finance Tagged With: ,

Lessons from My 1974 Orange VW

May 2, 2012 By 5 Comments
Financial Education from a VW Bug

One of the most important lessons of financial education that can easily be overlooked is that not all debt is bad. In this time of great fervor over formerly zero percent credit card rates that are now at astronomical levels, it’s not easy to see any debt in a positive light. Wisely used, however, debt can be a wealth management tool that allows an investor to grow money while also living quite comfortably. With this in mind, I want to offer the following financial education tips regarding debt. Good debt enables the purchase of assets that accumulate in value over time. It may be … [Read more...]

Filed Under: Clarify Your Financial Goals, Grow Your Money, Investing Lessons, Money Solutions, Personal Finance, Rich Life, Rich Lifestyle, Savvy Smart LIfestyle, Savvy Smart Spending Tagged With:

5 Tips for Conscious Spending

March 13, 2012 By 1 Comment
Have a Gratitude Attitude

One of the most important steps to grow money is to create positive monthly cash flow. This allows you to regularly put aside money that can be invested. Reducing expenses lacks the upside and excitement of increasing income, but it usually just involves a mindset shift, and not necessarily more work. Conscious and wise spending always make sense, and I prefer this attitude over cheap and frugal. During those leaner times in my life, I have found the following money mindset tips helpful. Look How Far You’ve Come Think about how much money you made earlier in your life when you … [Read more...]

Filed Under: Personal Finance, Rich Life, Savvy Smart LIfestyle, Savvy Smart Style Tagged With:

5 Life Changing Tips

March 8, 2012 By 3 Comments
huevos rancheros

One of the major decisions I have made over the past few years has been to change my diet so that I feel good. I made a conscious decision to do this after it resisting it for a long time. After being a life- long junkie who could not possibly pass up clipping a great recipe, I changed my focus. This change required changing my perspective; I realized that my body knows what it wants and needs, it tells me, and I want to honor that for my overall good. After making a committed decision, I just have to listen and act accordingly. This same shift paradigm works in any area of our lives, … [Read more...]

Filed Under: Personal Finance, Rich Life Tagged With: ,

Does Risk Hold You Back?

March 6, 2012 By 1 Comment
Risk and Uncertainty Are Everywhere

Step four in the Financial Woman Grow Your Money process is putting your money to work for you. One of the biggest challenges with this step is to accept the risk that comes with growing your money. If you stop to think about it, you’ll find that risk is inherent in everything you buy or do.  This post is part of Women’s Money Week 2012.  For more posts on this Sunday's featured-topic, Goals and Taking Action Roundup, see Goals and Taking Action Roundup. Risk is everywhere. There is the potential risk that comes with the loss of love in a relationship, or worse, losing that person due … [Read more...]

Filed Under: Investing, Personal Finance, Rich Life Tagged With: ,

This Important Investing Lesson Triggers Pain AND Pleasure

March 1, 2012 By Leave a Comment
Investing Pain or Pleasure?

Investing Pain or Pleasure?The final step of the Financial Woman Grow Your Money method is becoming aware of trends. While this step is a bit more complex than the other steps, what I have learned is that you cannot accumulate wealth if you miss this step. I have learned firsthand that this lesson can be painful! This step keeps you from investing your money at the top of a market and then selling at the bottom of a market. It seems like this would be easy, but it is one of the most common mistake investors make. By simply developing an awareness of the cycles in the financial markets, … [Read more...]

Filed Under: Investing, Investing Lessons, Personal Finance Tagged With: , ,

Want a Fresh Perspective?

February 28, 2012 By 1 Comment
Gain a New Perspective

Last fall during the launch of Earn Grow Give; Simple Steps to Grow Your Money While Living a Rich Life, I applied $1 for every book sold toward a kiva.org loan. These loans are available to women who qualify globally to provide small business funding. The amazing thing about these loans is that they are for amounts as small as $25 or $50, yet they literally change the life of a woman and her family. It is such a joy to see the repayments of my kiva loans for (prepare yourself) $5.50 and $ 4.17. Talk about putting things into perspective! I hate to mention the overused latte factor, but it … [Read more...]

Filed Under: Personal Finance, Rich Life Tagged With: , , ,

This Simple Technique Will Change Your Life!

February 23, 2012 By Leave a Comment

In a previous Financial Woman post, I wrote about identifying that one step that you can take next to move toward achieving your financial goals. Without execution, the best laid ideas hold little value. In today’s post, I want to write about what happens after you identify that important next focus area so you truly make proactive changes to your financial health beyond just thinking about it. This method works for any area in your life that you just can’t seem to find time to improve. For financial matters, take out your wealth journal; write the money area that you want to improve … [Read more...]

Filed Under: Investing, Personal Finance, Rich Life Tagged With: , , ,

What’s Your Next Step?

February 21, 2012 By 4 Comments
iStock_000014335566XSmall

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...]

Filed Under: Outside of the Box, Personal Finance Tagged With: , , ,
« Older Posts