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ICYMI: New “Trump Accounts” & the $1000 Pilot Savings Program for Kids–Explained!
Key Takeaways When saving for children, your own oxygen mask goes on first. Emergency fund and retirement savings—check those before opening a savings account for your child (unless it’s to be generously funded by others!). Your own financial foundation is the best thing you can model for your kids. You may or may not be…
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Summer Spending: Why it can Get Out of Control, and How to curb that Shit–Now!
Key Takeaways The first step is simply to recognize WHY your increase in summer spending happens. Busier schedules, tossed-out routines, and the pressure to keep up with everyone’s social media might contribute. Once you start noticing where you’re saying “yes” automatically, you can more intentionally choose your next step! One little PAUSE can change everything.…
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Solopreneurs & Hustlers: 3 Reasons You Should Be Paying Someone to Do Your Taxes!
Key Takeaways Self-Employment Taxes are complex! As a solopreneur, or hustler responsible for figuring them out, you’re likely facing a double tax burden. A qualified tax professional exists specifically to know what you don’t, and that investment could save you far more than it costs. The right tax expert is worth seeking out! Not all…
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Your Taxes: Quick Math! How Much Might You Owe this Year?
Key Takeaways Start with what you know. Look at last year’s tax situation as your guide—if not much has changed in your life, you can expect similar results. This simple step can ease anxiety and help you feel more prepared as tax season approaches. Understanding your tax bracket empowers you. By calculating your taxable income,…
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Why Now is Not the Time to Fall Behind on Student Loan Payments: How to Prioritize Your Debt!
Let’s be real. Collection of student loan payments has been a complete roller coaster since the beginning of the pandemic, when they were paused by the Trump Administration. The Biden Administration then extended those pauses, introduced new payment options in order to lessen the burden on borrower’s, and then proceeded to soften the on-ramp back…
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ICYMI: Student Loan Payments in Default are Due Again: Know Your Options!
This week, the U.S. Department of Education required borrower’s with student loans in “default” (typically defined as federal student loans that haven’t been paid for 9 months or longer) to begin repayment. Many borrower’s have had their student loan payments in default since as far back as 2020, as result of pandemic relief. This new…
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Does Your Lifestyle Creep = Your Savings Creep? How to Balance that Out!
Lifestyle Creep is real. Lifestyle Creep happens when we make a little more money, and we’re enticed to spend a little more on our “Wants” , or, the fun stuff. In other words, you get a raise, you treat yourself. Then you get used to treating yourself. Suddenly, what was once a treat is now…
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Recovering from Holiday Overspending: How to Make a Pay-off Plan You Can Stick To!
Have you noticed that January can seem EXPENSIVE! Why so? Because we’re receiving so many charges made in December; mainly: holiday gifts and experiences! What comes up for you when you open a bill from the holidays? If you experience some buyer’s remorse, you are not alone. You might even be feeling some regret. One…
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A Financial Look-back: What Worked & What Do You Want More of Next Year?
As we close out another year, let’s take a quick look-back at what worked for us in 2024! After all, where we cast our focus determines the circumstances and behaviors of our financial lives, and our circumstances reflect the thoughts, beliefs, and feelings we hold as our personal truths. For example, when we exist within…
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Celebrating Independence! How Financially Independent are You?
Hoping everyone had a fun, safe and healthy 4th of July! Along with celebrating our National Independence, how about touching on the importance of becoming financially independent?! There are many reasons that financial independence is crucial to living a balanced, autonomous and functional life. Below, we will explore a couple of those relating to living debt-free and our…
