Finance$ with a Female Focu$ "it’s NEVER just about money!” Brought to You by money management Counselors/FI$C a non-profit Serving door & Kewaunee counties since 1994 |
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Greetings to some awesome women! Welcome to “Finances with a Female Focus” Newsletter #7 Welcome to another edition of Women and Money! We hope that all of you had a wonderful Mother’s Day. This edition will help you make and reach your savings goal – I just finished a 3-part series on Money Management Mondays with Nick Freimuth about ways to save money at any income level. Find the series on our website and listen in. We have a great calculator for you in this newsletter. And, because you represent many ages and decades, read the super article about navigating money issues at all ages. This newsletter is for all of you and please share with others – male or female – who you feel could benefit. And remember, we are here for all of you. Make an appointment if you need a sounding board for goal setting, tools to reach your financial goals or just to set a basic spending plan. Go women! Go moms! |
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In This Issue Money Secrets of Women from all over the country, Article-5 Myths We Believe About Women & Money , A Great App that helps parents teach money management to their kids, A Great Book for Women to Learn Their Value, The Money Maze: A Woman's Guide to Keeping It Real, At Every Age, and many more great tips for women to take control of thier money. |
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Deep, Dark Money Secrets From 1,000 Women In an exclusive survey, Glamour asked women all over the country how they spend, how they save, and what they think about their dollars. By Glamour April 23, 2018 "Glamour wanted to take stock of how women nationwide are really faring. How many could realistically walk away from a job right now? A bad relationship? What are women spending their hard-earned cash on, and what does that say about women’s hopes and values? A thousand women from across the country answered those questions and more. Read about the struggles and successes of women like you right here. "-A quote from the article | | |
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Suggested Book Knowing Your Value Women, Money, and Getting What Your Worth by Mika Brzezinski Know Your Value blends new personal stories with updated cutting-edge research on why many women don't negotiate their compensation, why negotiating aggressively usually backfires, the real reasons why the gender wage gap persists, and what can be done about it.
In the new 2018 edition, Mika updates the book throughout with current statistics about women's compensation rates and leadership roles; she adds new interviews with high-profile business leaders; and adds an entirely new chapter about "knowing your value" in personal relationships.
Written in Mika's brutally honest, funny, and self-deprecating style, Know Your Value is a vital book for professional women of all ages. (Amazon) | | |
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5 Myths We Believe About Women & Money. By Emily Nickerson "Helaine Olen, author of Pound Foolish: Exposing the Dark Side of the Personal Finance Industry, has been writing about personal finance since 1996. But she’s not going to give you what you’ve come to expect from personal finance writers: advice. Actually, she believes that much of the advice we hear from today’s finance experts is, well, wrong.Intrigued, I recently spoke with Olen about the myths surrounding women and money and what we as a society have been getting wrong about personal finance. Here’s what she had to share."-Excerpt from Article by By Emily Nickerson | | |
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Suggested Website The Mint-Financial Literacy Tools As parents, we understand the importance of literacy. We sit for hours reading with our children. However, children must be “literate” about money matters, too. Learning how to think about money and manage it wisely is an equally important life skill. We must patiently help our kids “sound out” the many ways to control money. Our kids will learn by doing. Some lessons will be thrilling. Others will be frustrating, even painful. In the end, we hope that our children will grow into financially responsible adults. The rewards are life-altering: living within their means, free from the anxieties of debt, and secure in their future. This section will give you tips and tools for teaching money literacy – and help you assess your ability to model good financial habits. Read on! | | |
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The Money Maze: A Woman's Guide to Keeping It Real, At Every Age By Prudential "he reality is that when it comes to money, most women still have to do more with less. Many women have earned less money than men over the course of their careers—women on average earn about 80 cents to every dollar made by men—and some have left the workforce at least temporarily to take care of children or elderly parents. That means that when it’s time for financial planning, they have to make their money work even harder for them.But many women are now doing just that, gaining confidence through learning new skills to pursue their financial goals. For example, some companies are inviting financial professionals into the office to help all employees get a better grasp on things like savings and investing tools, retirement income strategies and asset protection.Ready to get started? Check out these tips designed to help women take charge of their financial future, and do the most with their money, throughout their entire careers." A quote from the article Read the article to discover the 15 things every woman should know about money before she turns 30. | | |
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| | Featured App Quest to Clean Up This app encourages children to understand how to earn and save money for desired items to ensure they're financially literate BEFORE they get their first job or credit card! Children as young as three can use the icon driven interface to earn money for tasks set by parents, go shopping and determine if wanted items are really worth the effort. The grown up version of the app will help you stay out of debt by helping you: - manage your time and money - manage your wants vs. needs - and provide access to places to earn more in ways you really enjoy, for the things the really want Our mission is to teach kids financial discipline long before going off to college or getting their first job. | | |
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| | The Quest to Clean Up app, available for iPhone, iPod, iPad and Android devices, helps parents teach the value of earning and saving, as well as how to make purchasing decisions about desired items in store while shopping, based on their willingness to work for it. This app goes beyond other chore apps. In-store, the app translates the price of a wanted item into the number of chores needed to earn it, so the child can determine for themselves if an item is really worth the effort! | | |
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Women and Money By Geraldine Sealey "Why you need to take control now. The good news: More than a third of American women are now the family breadwinner (look at that!). The bad news: We still tend to pass the buck on important money matters, such as investing and retirement. Ready to take charge of your financial future? Start right here." Excerpt from article. | | |
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5 ways to break down barriers between women and money Know Your Value's Mika Brzezinski recently sat down with personal finance expert Jean Chatzky to talk about women and financial success. by Renee Morad "Know Your Value's Mika Brzezinski recently sat down with personal finance expert Jean Chatzky to talk about women and financial success. Many women find it difficult to talk about money. From negotiating a salary to communicating financial expectations with a partner, they often find themselves struggling for the right words. The two discussed the best way to break down barriers between women and financial success" A quote from the article | | |
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