Personal Finance | Financial Woman

Which Sounds More Fun to You?

February 16, 2012 By camille 1 Comment

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...]

Filed Under: Personal Finance, Rich Life Tagged With: financial goals, financial woman, increasing cash flow

Your Honey and Your Money

February 13, 2012 By camille 1 Comment

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...]

Filed Under: Personal Finance, Rich Life Tagged With: financial goals, financial woman

Wednesday Wealth Art

February 8, 2012 By camille 1 Comment

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...]

Filed Under: Investing, Personal Finance, Rich Life Tagged With: financial health, investment plan, Savings Plan

This Is One Money Tool You Have to Use!

February 6, 2012 By camille 1 Comment

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...]

Filed Under: Investing, Personal Finance Tagged With: financial advisor, financial goals, financial health, financial woman, grow money, index portfolio, individual investors, investment plan

Want a Crystal Ball for Your Money?

February 2, 2012 By camille 1 Comment

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...]

Filed Under: Personal Finance, Rich Life Tagged With: financial goals, financial woman, positive cash flow, Savings Plan

This Really Got My Attention

January 31, 2012 By camille 1 Comment

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...]

Filed Under: Personal Finance, Rich Life Tagged With: financial empowerment, financial goals, financial woman, increase income, personal finance

Sometimes Blessings Come in Disguise

January 26, 2012 By camille 2 Comments

Three Rules of Work: Out of clutter find simplicity; from discord find harmony; in the middle of difficulty lies opportunity. Albert Einstein Let’s look at this quote from the context of the work being our financial plan, or the mission to grow money so we can reach our financial goals and have the life we desire. Out of clutter finds simplicity. Do you know how much money you have and where that money is? Do you know how much is flowing in and out every month? Can you easily access those numbers? January is the perfect time to reduce financial clutter while you are still motivated by … [Read more...]

Filed Under: Personal Finance, Rich Life, Uncategorized Tagged With: financial goals, financial plan, grow money, Teresa and H. John Heinz III, women and money, women retirement

What’s More Important Than a Pair of Jeans and Black Boots?

January 24, 2012 By camille 1 Comment

Last week I had a great excuse for hiding out in bed with a huge stack of my favorite financial publications for an entire day; I had a nasty head cold. I fully realize that I am a bit of a nerdy introvert, and this is not what thrills most people about a “sick” day, but I ended the day feeling refreshed and wiser, albeit a bit stuffier. The fact that I get to share with you the best bits of information I read is what excites me about writing the financial woman blog! Spending this time also allowed me to focus on improving my own financial plan without the distractions of running … [Read more...]

Filed Under: Investing, Personal Finance Tagged With: cash flow, financial advisor, financial course, financial plan, financial publications, financial woman, home study investment program, investment course

3 Tips to Avoid Financial Analysis Paralysis

January 12, 2012 By camille 2 Comments

Recently, I wrote an article with 6 tips for finding good investment advice. From the feedback I received, this is an area that holds a lot of interest. In today’s post, I want to expand on avoiding paralysis by analysis, which is the first money expert tip. Here are 3 tips for avoiding analysis paralysis, which comes from having too much information, possibly even in the wrong areas altogether. 1. Figure out where you need to focus first. If you need to increase your cash flow so you can start the initial funding of a savings plan, then there is no need to spend a lot of time … [Read more...]

Filed Under: Investing Lessons, Personal Finance, Personal Investment Tip Tagged With: financial course, financial goals, financial peace, financial woman, grow money, how to invest money, how to make more money, increase cash flow, investing course, investment advice, investment course, money expert, personal finance, Savings Plan, stock option course

This Secret Will Speed Up Your Money Goals

January 9, 2012 By camille 1 Comment

Keeping track of your savings plan is more complex than ever with multiple retirement accounts, regular personal savings or brokerage accounts. This can be further complicated by having multiple financial goal categories, such as a vacation or remodeling fund, in addition to your nest egg. Let's first acknowledge that having some confusion about multiple savings accounts is a “good problem.” Confusion is the opposite of clarity, though, so let’s take a look at this easily solved issue. By creating some focus and order around our financial accounts, we can achieve positive results … [Read more...]

Filed Under: Personal Finance Tagged With: Savings Plan