How to Prepare for a Family Financially
Since we know that everything affects everything, let’s talk about how our financial lives are impacted by our families. Over 80% of SaverLife members live with at least one other person—be that a parent, child, partner, or roommate—and even if you are single, you may have heard that having a baby can really break the…
Read MoreHow Can I Involve My Kids in Everyday Budgeting and Financial Decisions?
The home is the perfect place for kids of all ages to learn and practice personal finance. Here are some specific ways you can involve your kids in everyday budgeting and family finances, all while teaching important life lessons. Consult Your Kids When Making Your Monthly Budget Let your child know that you’re looking ahead…
Read MoreHow to Plan for the Cost of College with Your Kids
As a financial coach, I encourage parents to talk to their children about college as early as possible. Nowadays, college is one of the most expensive costs, next to a car or a home. Enrolling, paying, and attending college is also a complicated process. Leaving this in the hands of an 18-year-old is unfair. Your…
Read MoreHow Early Should I Start Talking to My Kids About Money?
Do you ever wonder what is the right age to talk to your kids about money? Or what should you be talking to your kids about to help them understand and manage money well? Talking About Money Is Probably Easier Than You Expect Most kids are naturally interested in money, or the things that money…
Read MoreSMART Goals Can Help You Achieve Your Dreams
Think about something that you want to accomplish in the future, like paying off credit card debt or student loans. Have you set a goal that will help you get there, or is it just something that you hope will happen? There is nothing wrong with hoping, as long as it is not your final…
Read More“Pay Yourself First” – Your Savings Mantra
Focus on You. Pay Yourself First. Have you ever thought, “I’ll pay all of my bills and save what’s left”? Well, how much was left? When we wait to save until the end of the month, we usually learn that we have more month than money and there is nothing left. We challenge you to…
Read MoreWomen Run the (Financial) World
Financial Tips for Women Beyoncé had it right. Girls run the world; she just left out the word “financial.” With Women’s History Month coming to an end, I could think of nothing better than to create a piece for women by a woman. Why would I want to do this? Women have been paving the…
Read MoreHow much of my income should I save?
Financial experts recommend that you save at least ten percent of your take-home income (after taxes have been deducted). But what’s more important than the amount you save is getting into a habit of saving based on your personal goals and what’s realistic for you. To determine what makes sense for you: List and prioritize…
Read MoreMake a Powerful Plan for Your Tax Refund & Stimulus Check
We are in the thick of tax season, and the House recently approved a new stimulus bill. This is great news for many people, especially considering the average tax refund is around $2,500, and the expected stimulus check for a four-person household is up to $5,600. If you missed a previous stimulus payment, filing taxes…
Read More5 Steps to Get on Track if You’re Living Paycheck to Paycheck
Do you find yourself falling behind and not able to live within your means? If you’re not sure if you’re living beyond your means, check out my recent article where I help you figure out if you need to make some changes. Here are some solutions to help you live within your means and improve…
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