Finance$ with a Female Focu$ "it’s NEVER just about money!” Brought to You by money management Counselors a non-profit Serving door & Kewaunee counties since 1994 |
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So here we are, knock knock, in your monitor! It seems many of us, after mastered the "technology" of social distancing through means of virtual meetings, virtual meals, or multi screened family gatherings, and social chats are experiencing some form of COVID virtual "technology" fatigue. And if our email boxes weren't full before they are overflowing for many of us now. If you have opened this email at all, I THANK YOU! I might be aging myself, but ever since we started our COVID "Zoom" meetings, my mind immediately does a 70's flashback to this zoom: |
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I don't know that I am alone in seeing the appeal of bopping up and down zooming around a room with airplane arms. I find something rejuvenating about the idea as we continue to balance out these heavy emotional times. In the best of times it can feel uncomfortable talking about such personal issues as one's finances. Having to social distance and do so deserves a pat on the back. I applaud those of you that have taken on your financial health at a time we are so focused on our physical health and balancing a new lifestyle. With this Pandemic, we hear of brain fog, anxiety, depression, loss of time, not knowing the day of the week, masks, distancing, the list goes on. It seems we no sooner start to get used to a new norm, and it changes. Thoughts of planning things out six months to a year seem to have shifted to a month or two. As we near the school year and look at our current budgets, we might be asking ourselves, "Is the expense of a backpack fall into a "necessity" if our children are only walking to the dining room table to go to school?" As the freezer starts to empty, do I restock in case we go into a stay at home again? How's that toilet paper? Should we plan on getting those canning jars for all the tomatoes we grew this summer? How do I adjust my spending or credit card payments to meet my income challenges going into winter? So many things have changed and are continually changing. In this month's newsletter, we touch on some of the latest "New Norm's" on the many topics we hear you asking us about. You will also notice in our "Coming Events" we are looking to bring Jodi back on September 24th. |
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Many of you might remember we unfortunately had to cancel our "Money Mindset Makeover" event back in March. Due to the ever-changing safety protocols, you guessed it, the workshop will be virtual. This six week workshop will be accompanied by a weekly Live Chat on Thursdays at 7:00 p.m. Registration will start mid-August so look for announcements in the coming weeks on Facebook and our website. On a final note, we want you let you know you are not alone. We are here to help lighten the load. We are continually open Monday through Thursday. We do take evening appointments when available, and I am always happy to answer any questions via email. We offer intro sessions, and we are here for you; however long you need us. Via phone, email, or we can "Zoom" airplane arms or not. Because it's never JUST about Money.... Elbow Bumps, Leslie Boden Director |
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New Money Rules and Financial Predictions |
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The Fall Semester Is Weeks Away: Here's What College Students and Families Should Consider Before Heading Back to School By Lauren Phillips "Colleges across the country are doing remote learning or enacting new social distancing rules. Whatever your plans for the fall semester, be prepared for them to change—but that shouldn’t keep you from doing everything you can to prepare now, even if it’s still unclear what your or your student’s institution will do this fall. Here’s what you and your family need to consider before you make a final decision for the coming college academic year. " A quote from the article | | |
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Here’s How to Budget During Coronavirus, Whether You’ve Lost a Job or Want to Prepare for the FutureBy Lauren Phillips "The world has changed: Your budget should, too. You may have had a budget that worked for you for years; you might have never had a budget or learned how to budget money. For people in all these categories, coronavirus and the corresponding economic crisis and enormous spike in unemployment has probably changed everything." Excerpt from article. | | |
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Suggested Book Women in Career and Life Transitions By: Sandy Anderson "Offers advice on career and life changes such as developing support systems, generating financial plans, creating resumes, mastering the interview, negotiating offers, and handling stress" (Amazon). | | |
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Are you really prepared for a money emergency? This is the financialfirst-aid kit you need to stock.By Michelle Fox "The coronavirus pandemic has highlighted the need for emergency preparedness, including with your money. Half of U.S. households lost income due to the economic fallout of the coronavirus pandemic, according to a recent Bankrate survey of over 3,700 Americans conducted in June. That’s why it’s critical to have an emergency financial aid kit, said Winne Sun, managing director of Sun Group Wealth Partners in Irvine, California. “I recommend everybody have one,” she said. “And the good news is it’s actually not that difficult to put together.” " -Excerpt from article | | |
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5 Smart Ways to Grow Your Emergency Fund in 2020By: Kendall LittleNo matter where you stand financially today, here are a few strategies you can use to escalate your savings, both short-term and over time. Use these to personalize your approach as you develop a plan that works for you. | | |
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Here's your ticket to curbing learning loss this summer.Through vocabulary, math problems, informational videos, crafts, book suggestions and so much more children will develop an understanding ofWays to Pay, What Real Cost Are, Saving Money to even What is Money? Get your "Running Play on Becoming MoneyWise" Workshop Packet today! It's Free! It's Fun! Learn Money Skills! |
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Suggested Book Thinking Slow When Life's Changing Fast: Financial Planning in Times of Transition By: Mike O'Donnell & Ryan O'Donnell "When life changes fast, we are often required to make decisions that will impact our financial lives for years to come, as well as the financial lives of generations to follow. Yet, as human beings, we are emotionally affected by the instability of transitions in ways that undermine our decision-making capacity. And worst of all, we are often unaware that our judgment is impaired, “blind to our blindness,” as Nobel Prize-winning psychologist Daniel Kahneman puts it. This book draws on the latest research by Kahneman and others to help you shed light on your own decision-making processes and how to make smarter choices during just those times when it is most difficult to think clearly." (Amazon) Click the Preview button below and it will direct you to a page where you can preview the book. | | |
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Getting a Mortgage Is Harder in 2020. Here’s How to Get PreparedBy: Jason Stauffer In just the past few months, the way you go about buying a house has changed, as the industry has adjusted to an increasingly remote process. In the middle of a pandemic and recession, it’s even more important to know what you’ll need for a smooth mortgage process. | | |
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Helping others during the Covid-19 crisis can help your own emotional, financial well-beingBy:Sharon Espperson & Erica Posse As Covid-19 cases continue to rise and businesses struggle to adapt to their new normal, many Americans are stepping up to help people in their communities. From personal gestures to financial contributions, experts say giving back in many ways — big and small — can have a significant impact on your own well-being, emotionally and financially. | | |
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Upcoming events"Money Mindset Makeover" with Jodi Gonzales September 24 - October 22, Bonus Hour November 5th |
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