,

7 Steps to Save for Your Next Vacation (in advance!) 

,
7 Steps to Save for Your Next Vacation (in advance!) 

We all know that saving for something in advance makes financial sense, but can it also make us happier? Science says yes. Researcher Elizabeth Dunn says that paying for a vacation ahead of time separates the pain of paying with the vacation itself, so we are able to enjoy it more. 

Have you experienced this? You’re mid-way through an island vacation you’ve been excited about all winter long, but each time you swipe your credit card at a hotel or fun restaurant, you can’t help but think about your increasing credit card balance. 

, ,

How to Prioritize Your Money Goals

, ,
How to Prioritize Your Money Goals

One of the most common questions I hear is: “What should I do first with my money?” Should we pay off student loans before investing in a 401(k)? Should we pay off high interest credit card debt before building a rainy day fund? 

This is a really important question. If you got a tax refund or bonus check tomorrow, would you feel confident about knowing where to allocate your money? Most of us have multiple financial goals, but contributing to all of them at once isn’t practical. 

5 Things Every CEO Needs to Know About Money

5 Things Every CEO Needs to Know About Money

Being an entrepreneur has some incredible perks. We get to enjoy freedom and control over our businesses and our lives, and we get to spend our days working on projects we are extremely passionate about. 

This tremendous opportunity also comes with it’s challenges. We also have to wear many hats. We’re expected to understand the basics of law, taxes, marketing, operations, AND finance.

While we may hope that the ‘money stuff’ won’t be important if we make it big or that it all will work itself out, having a strong foundation can make or break the success of our business and enable us to grow our business. 

A Shocking Fact About Student Loan Forgiveness

A Shocking Fact About Student Loan Forgiveness

For many of us, income-based repayment is a great option for our student loans. Instead of receiving a debilitatingly high bill each month, we are charged an amount based on what we earn, typically making payments much more manageable. Then, after 20-25 years of on-time payments, our loans are forgiven. Voila! 

Surprisingly, what happens next is often not discussed. Don’t kill the messenger - it’s not pretty. 

Why Women Need To Be Wealthy And What We Can Do To Get There

Why Women Need To Be Wealthy And What We Can Do To Get There

If we are financially well (imagine a nice savings buffer in our bank accounts), we can negotiate harder to be paid fairly at work.

We can leave relationships and jobs where we’re being mistreated. We can take more risks in our careers without worrying about the financial implications. We’d see more women on boards and management teams.


How much does it cost to have a baby?

How much does it cost to have a baby?

The average cost of raising a child in America is $233,610 (excluding the cost of college). Raising a child 0-2 carries an average annual cost of $12,680, while raising a teenager costs parents about $13,900 each year. Given that in 2017 the median household income in the U.S. climbed to $61,372 (before taxes), it’s no surprise that raising a child is a huge financial strain - and the average household has 1.9 children.

For those of us who have the privilege and opportunity to choose where we spend our money, it’s very much a personal choice that feels best when we align our spending with our values. This means that we prioritize spending on what’s most important to us.

The 4 Investing Mistakes Women Often Make, According to A Financial Expert

The 4 Investing Mistakes Women Often Make, According to A Financial Expert

If the word "investing" makes you squirm, you're not alone. It's easy to get bogged down in confusion from Martha Stewart indictments to Spotify "going public" to NPR covering the morning stocks. 

But it's also essential for women to do a better job of thinking about long-term investments. 

The signs of burnout and what can we do about it

The signs of burnout and what can we do about it

As a recovering investment banker and current entrepreneur, I am very familiar with burnout. But it wasn’t until recently that I learned that feeling “burned out” was more than just an adjective. 

Colleagues and I shared that we were feeling “burned out” on some (or many) days but we didn’t realize it was a legitimate condition that has some serious health implications. 

To learn more, I asked Belma McCaffrey, career coach and founder of Work Bigger, to share the signs of burnout and what we can do to combat it.