Since a lot of Americans struggle with debt, I thought it would be helpful to talk about the two most common debt reduction strategies: the “snowball” approach and the “avalanche” approach. Each method has its own advantages and disadvantages, so watch my video below, where I talk about each one in more detail to help [...]
I like numbers. Hence, I am a financial planner. But what I’ve found is that sometimes focusing too much on just the numbers in my financial life can leave me completely overwhelmed. Take debt, for example. Did you know the average amount of personal debt per person in the U.S. is $50,646?* If you want [...]
Looking to buy a new car, apply for a credit card or possibly buy a home? Then you definitely want your credit score to be in top shape. Your credit score, also known as FICO, is a score calculated from your credit report. It’s basically an indicator of how risky a borrower you are. Your [...]
If you could eliminate one thing from your financial life, what would it be? When I asked this question to my entire list a few weeks ago in a survey, do you know what the No. 1 answer was? It was to eliminate debt. I’m not surprised, since we live in a society where debt [...]
Have you checked your credit report and score lately? I know, I know–one more thing to add to your financial “to-do” list. But before you get into overwhelmed mode, let me explain why checking your credit report and score at least annually is super important. Your credit report is a huge file about you and [...]
It’s taken me a long time to get comfortable sharing this with you all. For more than two years, I’ve been detoxing from the old way of doing business– pretending to be perfect, trying to control everything that happens, working to a point of exhaustion. As I continue to shed this mentality and embrace my [...]
Do you ever watch movies and then halfway through them think to yourself, “Man, this movie sucks”? Then you get mad because you’ve invested an hour of your time into something that you don’t even care to watch the ending of? This happened to me the other day. I downloaded a movie to watch at [...]
I’m in a mastermind group with 5 other entrepreneurial women and one of the things we do for another is constantly give each other permission to do the things we want to do in life. We call them permission slips. So I ask you, what do you need permission to do? Tell me and I [...]
I was recently meeting with a group of small business owners and entrepreneurs and I asked them how much revenue their business needed to produce in order for them to reach their business and personal financial goals. The room got silent. Not one person knew the answer to my question! It seems strange, but a [...]
Guess what’s coming up? That’s right: The 2012 income tax deadline. Wooohooo! If you haven’t already completed your 2012 tax return, make sure you schedule an appointment with your tax professional today to get your tax returns completed by April 15, 2013. Now, if you’re expecting a tax refund this year, before you think of [...]
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