Looking for a Kondo approach to cleaning up your finances, managing money better, improving your financial fitness and decreasing financial stress? These four steps will put you on the path to a secure and confident future. Read More
For most people, $1,378 is a lot of money. If you are just starting your financial life out, that basically becomes your starter Oh Shit Fund or your emergency fund. If you are past your Oh Shit Fund, you can use that savings to help you pay down debt. Or if you’ve got both of those things covered, this can be used as an extra savings to help you travel the world. Whatever your goals are, almost $1,400 can go a really long way. So if you’re looking for an easy activity to stash some extra cash, let’s get started. Read More
In this edition of Nav.igator Spotlight, we spoke to Francisca Posada-Brown who is part of the WPP Fellowship, a three-year leadership program designed to give fellows experience across a range of marketing disciplines. For her that means working in a range of locations, which you better believe means she is nav.ing different money mindsets along the way. Right now she is working as a Talent Manager at Essence in New York, a role that describes as fulfilling her daily purpose of empowering others to be their best. Read More
A credit score: Three digits that determine your ability to get a loan, a mortgage for a home, or a credit card. Jones-ing for that amazing credit card that offers miles or cash back rewards? The higher the score, the lower the interest rate, meaning those rewards might actually be worth something! Your credit is going to fluctuate each time you use your lines of credit or open (or close) an account. Here’s how you reach the top Read More
We’ve heard it time and time again: money can’t buy you happiness. And while that may be true, life is a whole lot easier if you have money and you know what to do with it. Responsible money management isn’t exactly sexy or wildly fascinating, but the life it affords you can be both of those things. So here’s to a sexy and wildly fascinating 2020 because if you live by these four financial principles, you’ll manage your money a whole lot better than ever before. Read More
Paying down debt seems straightforward: you borrow, you pay back, you don’t owe anymore. Yet, the average American household owes $137,063 in debt, and that total jumps to about $13 trillion in debt when including all U.S. consumers.
Fear not: Debt isn’t a death sentence dooming you to a lifetime of ramen while living in your mom’s basement. A simple strategy can help you pay off debt efficiently. Better yet, a strategy can set you up for financial success in the future. Debt snowballing is one such strategy. Read More
Have you got some money stashed away for a rainy day? If you’re like me, you may be sitting on some spare dollars you were gifted throughout the years. Maybe it’s acting as your Emergency Fund or maybe it’s just another account that came with your checking account. Do you know what the APY (annual percentage yield) on that savings account looks like? If you’re using your big bank’s savings account (like Wells Fargo, Bank of America, etc.), you’re likely seeing a percentage around .09. That’s not exactly providing you with some extra fun money. But what if I told you that you could get a lot more bang for your bucks with a high-yield savings account? On average these accounts pay you just under 2 percent interest on your money each year. After all, shouldn’t our money do some of the work for us? Read More
To help you get started down the road towards complete monetary accountability, I have highlighted some dos and don’ts when it comes to discussing your finances with friends. Read More
I decided to research the origins of different marriage customs to see whether they resonated with my relationship and our values. Beyond wanting a more personal experience, I wanted to avoid budgeting for something that didn’t represent us. Sure enough, I realized I could save a few dollars (or spend them more wisely elsewhere) by eliminating some traditions. Here’s what I discovered—and how I’m planning to put my own twist on outdated attitudes. Read More