CLAIM YOUR OWN INDEPENDENCE DAY! (part 1 of 4 Steps...
CLAIM YOUR OWN INDEPENDENCE DAY! (part 1 of 4 Steps to Financial Independence ) Almost everyone wants or needs more money. You need a plan. Step One: DEFINE financial independence and make a REALISTIC plan! Just like any goal exercise, a plan to financial independence starts with goal setting, defining the starting point, and then executing the steps to the finish line. What does financial independence mean to you? Earn more than you spend? Be debt free? Have 6 months of expenses in the bank just in case? Define the goal: Put it down in actual dollars and cents. Assess the now: What do you own, what do you owe, what do you earn? WRITE IT DOWN. Realize that you need to address spending, saving, AND investing, to get there.
CLAIM YOUR OWN INDEPENDENCE DAY! (part 1 of 4 Steps to Financial Independence ) Almost everyone wants or needs more
MORTGAGE RATES ARE GOING TO TANK AGAIN!Interest rates have plunged...
MORTGAGE RATES ARE GOING TO TANK AGAIN! Interest rates have plunged this week, so you can refinance your mortgage or get a new one at RECORD LOW rates once again. Thanks to lots of political uncertainty in Europe and elsewhere, investors are getting all nervous and running for the hills. This means interest rates are plunging. We have seen long term rates (like the 30 year U.S. interest rate shown above) this LOW only one other time in HISTORY – that was January 2015. If you are in the market for a house or refinancing, this is a pretty good time to lock in your rate. One positive outcome of Brexit….?
MORTGAGE RATES ARE GOING TO TANK AGAIN! Interest rates have plunged this week, so you can refinance your mortgage or
IF YOU PANIC, YOU WILL LOSE!The graph shows the price...
IF YOU PANIC, YOU WILL LOSE! The graph shows the price action of the U.S. stock market over the last 5 days. Almost a complete round trip! If you panicked and sold Friday or Monday, you would have doubly screwed yourself because prices bounced back! If you invest with the long run in mind, you shouldn’t “day trade” or push the eject button when surprises happen. Most of the time, panic trading means LOSING money. Investors woke up on Friday after the UK vote to leave Europe, and sold quickly. As they rushed for the exit, stock markets sold off heavily for a few days. Fast forward a few more days - and it’s almost like nothing happened. To keep your cool, do NOT check the value of your retirement portfolio every day, or even every week. Invest for the long run, you’ll make more money.
IF YOU PANIC, YOU WILL LOSE! The graph shows the price action of the U.S. stock market over the last
MESSY COUNTRY POLITICS CAN MESS YOU UP!The UK’s vote to...
MESSY COUNTRY POLITICS CAN MESS YOU UP! The UK’s vote to leave Europe is creating a hot mess. When a country has big problems on a national level, its citizens can end up PAYING MORE for many things. What and whom you vote for can and will affect YOUR bottom line. High country risk often creates a weak currency and higher borrowing rates. This means anything you buy that is imported will COST MORE. It means when a company (or a person) in that country borrows money, it may have to PAY HIGHER INTEREST RATES. The UK just lost its AAA credit rating status – meaning the country is now judged a riskier place, and costs for people and companies will go up. More risk = more expensive. Messy politics, messy finances, unpredictable future, lower growth rates, all these mean HIGHER country risk. There is an economic price to nationalism and protectionism.
MESSY COUNTRY POLITICS CAN MESS YOU UP! The UK’s vote to leave Europe is creating a hot mess. When a
Soft launch of website today!!! Log into www.bizzychicks.org and sign...
Soft launch of website today!!! Log into www.bizzychicks.org and sign up for the newsletter
Soft launch of website today!!! Log into www.bizzychicks.org and sign up for the newsletter
BREXIT: IT IS NOT THE END OF THE WORLD, PEOPLE!But...
BREXIT: IT IS NOT THE END OF THE WORLD, PEOPLE! But it will affect you, wherever you live. Here are 2 ways: If you are a traveler, now is the time to book a trip to the UK. Cheapest time in 31 years! If you need a mortgage (or other loan), lock in the rate! Interest rates are hitting new lows, and will be low for several months. Financial markets were rocked by this vote: stocks down, interest rates down, volatility up. However, don’t expect everything to worsen from here. The real repercussions of the Brexit vote will be over the next decade. The trend is real – nationalism is trumping unity.
BREXIT: IT IS NOT THE END OF THE WORLD, PEOPLE! But it will affect you, wherever you live. Here are
IS THE UK LEAVING EUROPE? What is ‘Brexit’ and should...
IS THE UK LEAVING EUROPE? What is 'Brexit' and should you care? This Thursday a key vote takes place in England, where citizens vote whether they want to REMAIN in the European Union or LEAVE. While a 'leave' vote will have drastic effects on the UK, and significant effects on Europe, there won't be much obvious impact on the daily lives of people elsewhere. However, a LEAVE vote can and will impact financial markets in most places! Expect volatility. Expect England's and EU economic growth to slow. Interest rates will stay low or fall further. UK's currency (the British pound) will weaken. Bright side? Tourists to the UK would find it cheaper to visit! Stay tuned for further insights based on Thursday's outcome..
IS THE UK LEAVING EUROPE? What is ‘Brexit’ and should you care? This Thursday a key vote takes place in
Sometimes you just need to pause, take a look around,...
Sometimes you just need to pause, take a look around, and wait for the right time to move. That’s what the Federal Reserve, which is the USA’s central bank, did this week. They decided not to raise interest rates, leaving them unchanged at very low levels. Unlike the view in this picture, when these officials look at the world’s economy, they don’t see a pretty scene. They are worried the US is slowing, and the rest of the world is facing new risks (the UK might vote to leave the European Union!) If you have loans, or are looking to borrow, interest rates will stay very low for even longer. However if you are a saver, the rate you get paid doesn’t look too exciting.
Sometimes you just need to pause, take a look around, and wait for the right time to move. That’s what
MOVING SUCKS in so many ways!Don’t waste money spending 💰💰in...
MOVING SUCKS in so many ways! Don’t waste money spending 💰💰in storage fees…3 REASONS WHY: 1. Storage can quickly be as expensive as buying new furniture. 2. There is a big market out there for used stuff, sell it! 3. Worst case, donate it to a good cause and get a tax write-off! Not only is purging good for the soul, it can be better for the wallet. Before signing up for costly storage for your items, consider these financial aspects. Storage fees are insanely expensive, to the point that I think I should get into the storage business. 6 months storage fees counts toward a whole lot of new furniture. Is it really worth it, for that favorite old couch you just can’t throw away? There are many potential buyers out there for your stuff, especially furniture made of wood or leather. Thanks to Craigslist and Ebay, it is easy to advertise. If you donate those items you don’t “need,” you get a tax write-off. Not only do you help others in need, you can potentially take a chunk of the value of the donated item off your tax bill! WIN WIN. #budget #personalfinance #financialliteracy #finance #investor #financialplanning #womenwithmoney #saving #savemoney #moneytips #financialgoals #finspiration #moneygoals #girlboss #financialfreedom #moneytip #financialeducation #instagood #instafollow #instadaily #picoftheday #moving #storage #donate #taxwriteoff #taxes #movers
MOVING SUCKS in so many ways! Don’t waste money spending 💰💰in storage fees…3 REASONS WHY: 1. Storage can quickly be
YOU TOO WILL GET OLD SOMEDAY! 👀🙈🙉 Ok, not as...
YOU TOO WILL GET OLD SOMEDAY! 👀🙈🙉 Ok, not as old as this 1400 year old redwood… but still, old enough that you need to have a PLAN – and you need to SAVE …now.How about put a $5 bill in a jar every week – and then, once a month put the contents in a bank account that pays interest?  You won’t miss this $5.Of course, $5 a week won’t cover retirement…but it’s a start.  You will have to save and invest more as your income grows.  Don’t rely on the government to cover you! Old age is expensive: insurance doesn’t cover all the meds! Assisted living, transportation, so many things it’s nuts.Start early, let routine be your friend, and stay committed.#budget #personalfinance #financialliteracy #finance #investor #financialplanning #womenwithmoney #saving #savemoney #moneytips #financialgoals #finspiration #moneygoals #girlboss #financialfreedom #moneytip #financialeducation #instagood #instafollow #instadaily #picoftheday #california #redwoods
GOING ON A ROAD TRIP? 🚗✈️ READ THIS: Gas prices...
GOING ON A ROAD TRIP? 🚗✈️ READ THIS: Gas prices surging but don't worry! They will level off now - Pack your car and keep your plans! Like everything else, gas prices are determined by supply and demand. For gas, supply is the dominating issue; now that US shale produces tons of oil, there is plenty of supply. We won't be seeing $5-6 gas prices in the USA anytime soon. #budget #finance #oil #financialliteracy #roadtrip #money #vacation #bargain #gas #car #family #instalike #instagood #instafollow #instadaily #picoftheday #igers #california #economics
GOING ON A ROAD TRIP? 🚗✈️ READ THIS: Gas prices surging but don’t worry! They will level off now –
Connect!One thing I have learned “late” in life is the...
Connect! One thing I have learned "late" in life is the power of networking. In my 20s, I don't think I even came across the word "networking." In my 30s, I was too busy with work and small kids. In my 40s, every single day I am living the dream outcomes of networking. Whatever your age, start now! Whether with friends of friends or within the workspace, if a possible meeting /gathering /social /networking opportunity arises - JUST SAY YES! Perhaps you don't need anything at the moment. Perhaps you're not a social butterfly. Perhaps you are SO BUSY you can't make the time. I'm telling you - from experience - chances are that of 3 people you meet, at least 1 will prove valuable to you sometime in the future. Go out, collect business cards, be open to new contacts, get inspired. The majority of people really enjoy getting asked for help. And, the majority feel the positive vibes from helping others. Win win. #business #startup #brand #financialliteracy #buildabusiness #invest #career #women #work #womeninbusiness #businesswoman #businessowner #networking #justask #connect #network #businesscards #lesson #connection #entrepeneur #entrepeneurship
Connect! One thing I have learned “late” in life is the power of networking. In my 20s, I don’t think