All Articles Tagged "money"
When you decide to pull-up your big girl panties and take charge of your finances like a grown woman, you may begin to realize that everyone will not be happy with your new frugal lifestyle. Your shopaholic friends will become your new financial frenemies and say things to keep you chained to the door of revolving credit, conspicuous consumption and living beyond your means. But they will never outwardly admit that they want what’s financially worse for you. They are like wolves in sheep’s clothing–they will sugar coat what they have to say the way a true financial enemy would do—with flattery and platitudes.
Discerning between you financial frenemy and financial friend is a cornerstone to developing a healthy financial backbone. But be strong and of good courage when you come across the forked tongue of your financial frenemy. Your wallet and your financial future depend on it.
Here are five things that financial frenemies love to say to appeal to keep your financial situation in critical condition:
1. “You only live once (YOLO)”: It’s true; you only live once, but here is something else to remember: each of your credit card bills, mortgage payments and car notes has their own life cycle OAM (once a month.)
2. “But it is on sale…” If you are desperately trying to adhere to a budget, a financial frenemy will gladly try to throw you off your course to debt-free living by saying, “but it’s on sale” to justify something that is not scheduled in your budget. What your financial frenemy fails to understand is that buying unnecessary items whether for a little or a lot is wasted money if it is not a need.
3. “You work hard, you deserve it.” This statement really kills me. When your financial frenemy starts whispering this yadda-yadda, ask them to be more specific about what “it” really means. Because when it comes to spending money that you do not have on things that you already own, “it” really means the following: less money, more debt, more crap, and more clutter. I doubt that that is something that you work hard for or deserve.
Read more about finances at HelloBeautiful.com
There’s nothing that will make a person do the two-step quite like receiving a bump in their pay. Big or small, extra money in your check is something you can always use – just make sure you don’t blow it all. Believe it or not you can set yourself back and even into debt if you aren’t too careful. Here are the dos and don’ts to consider when your pay increases.
Mariah Carey is being criticized by the Human Rights Foundation (HFR) for a recent performance in Angola. HRF has dubbed the nation’s president, Jose Eduardo dos Santos, a “notoriously corrupt” dictator. He is said to have been responsible for the deaths of politicians, journalists and activists who oppose him.
The two-hour concert was a part of a gala for the Angolan Red Cross and was sponsored by mobile phone company Unitel. Dos Santos’s daughter Isabel owns Unitel and is the president of the Angolan Red Cross.
The HRF president, Thor Halvorssen, expressed his opinion in a statement:
“Mariah Carey can’t seem to get enough dictator cash, reportedly more than $1 million this time,” Halvorssen said. “Just five years ago she performed for the family of Libyan dictator Muammar Gaddafi. Now, she goes from private performances to public displays of support and credibility for one of Africa’s chief human rights violators and most corrupt tyrants. It is the sad spectacle of an international artist purchased by the ruthless police state to entertain and whitewash the father-daughter kleptocracy that has amassed billions in ill-gotten wealth while the majority of Angola lives on less than $2 a day.”
EEK. You can read the rest over on ESSENCE.com where they also mention other celebs who’ve gotten caught up in similar situations.
Do you think celebrities need to be more mindful of the gigs they accept?
It’s almost the end of the year — time to start anew for 2014. Maybe you’re getting a new look or planning a makeover of your home, but it is also the perfect time to reorganize your finances. By addressing your finances and financial problems now you will be able to start of 2014 financially fit. Here are 11 tips on what to do with your money before the end of the year.
Long distance relationships can be a drag. They aren’t the ideal, but what’s a person to do when they’re in love? When you take into account all that has to be done to keep the relationship strong, it can be pretty overwhelming emotionally and mentally. But no one ever really considers how much of a financial drain a long distance relationship can be. Here are some ways to make your dollar stretch for every mile that you have to travel to reach your loved one.
Your 20s were the time to splurge on the latest handbags, mess up your credit, rebuild your credit and establish patterns of financial success for your future. Now in your 30′s with kids, a mortgage, a significant other and a better career (or just a little wisdom and a desire to get it together), it’s time to get secure and at-peace with your finances.
Here are a few ways to achieve financial peace of mind in your 30′s.
Remember that medical bill from two years ago you forgot to pay? Or that utility bill that still lingers in limbo? Well, with a few hundred calls from collection agencies on a weekly basis, your memory starts to quickly come back. Collection agencies start to become a tedious routine call in your phone log hen bills are too long overdue. We even label their phone numbers in our contact list as Unknown, ??? or the infamous DON’T ANSWER to duck and dodge their calls. Eventually, debt catches up with you in the form of these pesky employees. What do you do when one of those calls are answered? Here are a few tips on how to get debt collectors off your back and manage the frustration they inflict.
Is your emergency savings important to you? If not, you should consider getting a tad more serious about it. According to Forbes, only 43 percent of women have an emergency fund compared to 63 percent of men. This leaves us at a disadvantage when the car conks out or when your child needs textbooks for school, leaving you at the mercy of credit card debt, high-interest loans and borrowing thousands of dollars.
According to the NY Times, only a quarter of Americans have six or more months saved for sudden emergencies and more than a fourth have no emergency savings whatsoever. Many of us find it difficult not to touch our cushy savings, especially when faced with retail or opportunistic temptation. (Remember that handbag you just HAD to buy because it was 10 percent off?)
Don’t get caught without an umbrella during those financial rainy days. Everything is not necessarily an “emergency.” Keep in mind these reasons why you need your emergency savings to be there for those sudden curves in life.
Men do a lot of complaining about how expensive dating is for them. But for men, the money spending doesn’t begin until they arrive at the date; they don’t realize all the little dating expenses women incur getting ready for the date! But truthfully, most of them are totally unnecessary. Like these:
Women are hardwired to be attracted to men who can provide us with stability — millions of years ago that meant a man who was strong could protect us from predators and was good at hunting. Today, one little thing takes care of all the modern versions of that: money. You’re not a gold digger if you find yourself drawn to a successful man, but you should make sure that’s not the reason you’re attracted to him.
I’m not saying a rich man isn’t loveable for his personality, but the money can stand in the way of a woman seeing it. Here are 14 little signs that the chemistry you’re feeling is just the prospect of a padded bank account, i.e. you’re with him for his money,