With all these challenges floating around, I thought why not have a money challenge. It is similar to the 52 week challenge but scaled down to 30 days. This is for anyone wanting to save close to $500 in a month.
Getting ready for the college
By: Ms. J
Congrats to all the graduates, especially the high school graduates leaving their parents wings and entering the real world. While most look at this time as a chance to be free from parental rule, party, and have fun do remember that it also a time where you learn the most of who you are. Whether you can balance your time and remember the good upbringing that your parents bestowed onto you. From a financial aspect, many of you might have worried incessantly about how you are going to pay for college, whether it is through loans, grants, scholarships or gifts. I hope you have not only factored in the cost of college but also the means of remaining in college.
Women have more buying power than men; however do we have financial power?
When I speak of financial power; I refer to little debt, retirement security and being financially stable. Traditionally, women relied on men to take care of their financial needs. As we have progressed in history, we have been able to earn and control more money; but with this power are we making financial choices that would benefit us in the future or are we living for the moment with materialistic spending habits. On an overall basis, the beauty and fashion industry is continually growing even through episodes of depression.
In order to increase your financial power in your community:
1. Reduce your debt.
2. Plan for your retirement by investing, 401K and lowering bills.
3. Trim the excess fat in your budget by spending on what you need, not what you want.
4. Become financially knowledgeable.