3 Money Mindset Shifts that Will Change Your Life

3 Money Mindset Shifts that Will Change Your Life

One of the things I discovered very early on in my money journey is that being good with our money isn’t just about the numbers. Yes, I didn’t know what I was supposed to do with my money but even once I did learn and decide what would work best for me, I wasn’t taking action that aligned with that plan. And it’s not like it was too complicated or confusing. 

I wanted to spend less money than I was earning (and at the time I had a steady paycheck) and have some money leftover to save. That’s it. 

Why didn’t it work? How we interact and behave with money (aka our relationship with money) has a lot to do with our emotions and beliefs. 

Everything you need to know about your 401(k).

Everything you need to know about your 401(k).

You may be invested in a 401(k) plan without really knowing what it is or what’s happening with your money. It was a task many of us avoid confronting because the whole process can be confusing and overwhelming. Although it’s better to have started than to wait to understand things perfectly, it’s ideal to have a handle on what exactly is happening with our hard-earned cash. Hello, financial adulting! Here’s everything you need to know about your 401(k). 

When to YOLO vs. Save: How to Decide When to Save, Splurge, or Compromise

When to YOLO vs. Save: How to Decide When to Save, Splurge, or Compromise

This summer, we’re taking my son, Eli, on his first overseas trip to England. We decided to go because one of my best friends just moved to London and as part of our nanny share arrangement (2 kids, 1 nanny) we coordinated vacation time with our wonderful share family so the nanny gets some time off. 

But with new child expenses (Eli’s starting preschool in the fall) and investing in my business, I was torn about whether or not to take the trip. I had “YOLO” on one shoulder and our savings goals on the other shoulder and they were saying very conflicting things!

My Favorite Summer Frugal Joys

My Favorite Summer Frugal Joys

Frugal joys are free or inexpensive things and experiences that make us happy. The best part about them is that we can add more of them to our lives without increasing our expenses. We can also use them to replace more expensive things to reduce our spending (without losing the joy in our lives). 

Summer is my favorite frugal joy season because there are so many options when the weather is warm. Here are some of my favorite frugal joys from this summer. I’d love to hear about yours too! 

Finally Start Saving by Doing This One Thing

Finally Start Saving by Doing This One Thing

How we traditionally try to save money doesn’t work. We get our paycheck, then we pay our bills, live our lives, and even get people gifts. We wait and hope that there will be money leftover to save for ourselves. There’s not. 

Then we think, if we earned more money, we’d finally start saving. We get the raise, earn our higher paycheck, then we pay our bills and life our lives. We hope there will be money leftover to save. There’s still not. 

My Favorite Online Savings Accounts

My Favorite Online Savings Accounts

I’m a huge proponent of online savings accounts (also called high yield or high interest savings accounts) as part of our overall financial strategy. My clients and I have used them again and again to finally start saving and keep our savings safe from ourselves. Wonderful bonus - they also earn a bit of interest!  

The next question I get is which banks do you recommend. So, naturally, I went on a mission to find you the best online savings accounts. 

How to Cultivate a Practice of Giving

How to Cultivate a Practice of Giving

There are a lot of similarities between saving and giving. The biggest one? We wait to get started because we assume it will be easier once we earn more. We get the promotion and the raise, prioritize paying everyone else first, and then there’s still no money leftover for us to save or give. Or maybe we feel like our twenty dollars a month won’t do much. But much like with saving, it’s about using the muscle. When we start, we begin to view ourselves as someone who gives. We get the ball rolling, momentum builds.