Women own less, save less, carry more debt, and are less financially literate than men. That changes now.
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How the news affects your finances.
Keeping Your Financial New Year’s Resolution
This time of year, many of us set ambitious money goals with the best of intentions. But let's face it, actually saving more, sticking to a budget, or investing can be a real struggle. Especially when life throws you a curveball like a flat tire, a trip to urgent care, or a major home repair. According to some estimates, about 80% of people will fail to keep their resolutions by February. Not you, though, because you’ll be using the tips below to keep your money game strong for all of 2024.
Your move:
Break down your goal. Establish a reasonable timeline and manageable milestones to set yourself up for success. Ex: If you want to pay off your car by the end of 2024 and you owe $6,000 on it, be sure the extra $500 per month you’d need to achieve your goal actually fits into your budget.
Automate it. Whether your goal is to save, invest, or pay off debt (hi, student loans and credit card bills), automating it is the easiest way to stay on track. Because you’ll consistently make progress, one automatic transfer at a time. Bonus: It requires almost no effort once it's set up.
Grab your bestie. Pair up with someone you trust to hold you accountable. Bonus points if you set up a recurring money date to give them regular updates on your progress. And if you don’t have anyone IRL, try an online accountability group.
for the group chat
The money stories everyone’s talking about.
Want to lower your bills?
This how-to guide explains what to say and who to say it to.
Move over, $4.99 rotisserie chicken…
Apparently, $2,079.99 gold bars are the hot new thing to buy at Costco.
Travel rewards programs can save you $$$…
Especially if you sign up for the right one for you.
The September surge is over…
Here are an HR pro’s tips for navigating a possible January purge.
market update
The Wall Street trends to know this week.
Boeing’s stock took a nosedive this morning. Shares in the company fell as much as 9% following news that a jet panel flew off of an Alaska Airlines plane on Friday. And it’s not just Boeing. Shares of Alaska Air fell nearly 5% and shares of Spirit AeroSystems, the supplier that made the part, fell over 14%. Meanwhile, Boeing’s rival Airbus SE saw a gain of nearly 3% this AM.
5-minute money tip
One act of financial self-care you can do in five minutes.
Download a debt payoff tracker.
Staying motivated on your debt payoff journey isn’t an easy task. Enter: A debt payoff tracker. Downloading and printing out a tracker (like these free ones) can help you keep tabs on your progress and stay energized. You can use it for any kind of debt (think: credit card, mortgage, student loans). Every time you make a payment, simply color it in. Before you know it, your debt will be paid off in no time.
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