Jim Cramer is perhaps one of the best known financial gurus on television. As host of Mad Money, he has counseled millions on how to get the most out of the stock market. Yet, even this television star and millionaire understands that if you want to build a financial fortress, you can’t have it all, all the time. Cramer admits that he spends lavishly on just two indulgences … [Read more...]
4 Ways to Save Yourself From Nickel and Diming Your Way Into the Poorhouse
One of the interesting things that I see as a personal finance coach supporting black women trying to regain control of their finances is that these women are in debt or have bad credit. It's not that they are poorly compensated and, as a result, have to resort to charging basic necessities on their credit cards. Rather, it is because they have money management issues. They … [Read more...]
Feeling Stuck and Overwhelmed? These 4 Financial Strategies Will Help You Overcome
I know it may seem, depending on where you look and with whom you speak, that everyone is living a perfect life. Everyone is basking in the after glow of success, happiness, and goodness. And for some, that may be true. But I know that within that season of success, they encountered seasons of doubt, lack, and wandering. If you are in that season of less, here are a few tips … [Read more...]
How You Feel About Paying Your Bills Can Reveal a Surprising Truth About Your Relationship with Money
Over the last month, I had a number of bills to pay; some were related to my personal life and others were related to The Frugal Feminista. I realized that despite having the money to pay the bills, I felt a sense of tension in my belly when they came. I felt a sense of worry. I even felt a bit upset that I had to pay them. When I caught myself catching an attitude, I … [Read more...]
4 Tips To Help You Save Money and Eliminate Debt Before 2014
I recently hosted my first Twitter Chat on money management basics. One of the obstacles that many of us still face is reigning in our spending and paying ourselves first. Get a head start on your 2014 financial goals by being proactive about what you do with your money for the remainder of 2013. You still have time to do all of the following: Automate your Payments One of … [Read more...]
3 Keys to Ensuring Financial Success as a Couple
My household was not exempt from experiencing the heartache the Great Recession brought millions of American families. When my husband was laid off from his job in 2009, we had no idea what was in store for us over what has turned into a four year journey. As we have embraced our life as a one-income family, I have found that teamwork, communication, and honesty are the … [Read more...]
Money Monday: Financial Success Explained in 90 Seconds Flat
2013 is going to be the year you get your finances straight. You’re determined to become the Dollar Diva, the Money Maven, the Greenback Guru. But what if you don’t have time to wade through Dave Ramsey, Suze Orman, or Michelle Singletary? Don’t worry we’ve got the cliff notes right here. This is the quick and dirty low down on mastering your money, straight from the mouths … [Read more...]
Personal Finance 101: 10 Money Messages Undergrads Need to Hear Before They Hit Campus
Yes, your child has been accepted! An excellent financial aid package, scholarship, work-study, or a combination of the three, I hope. He or she may be the first in the family to go to college or the first to attend college in the U.S. You've already warned them about the dangers of college life: sex, drugs, mindless recreational activities and the squandering of time. But … [Read more...]