Financial Wellness

Cash

It's too easy to swipe and get carried away. Carrying cash can help you stick to your spending budget.

​This should be 20% of your total budget.

 

​Carrying cash helps you think through some of your purchases. With $20 left, is that caramel latte really worth the $4.95?​

Savings

How much are you putting away for your Rainy Day Fund, General Savings and/or  Retirement Fund?

This should be 20% of your total budget.

Automatic transfers on payday to your savings account can help you stay honest and on track to meeting your goals. Having that savings account at a different bank can also help avoid impulse transfers.

Investing

One way to build your wealth and start developing generational wealth is by investing. 

 

​This should be 10% of your total budget.

 

​Besides investing in yourself, which should always be on the list of priorities think of stocks & equities, bonds, real estate, and collectibles, to just name a few.  Develop a firm budget, do your research, and take a chance.

Holidays

Often we stick to our budget and saving plan and it all goes out the window during the holidays. 

One way to stay on track is to make your shopping list early with the specific items you would like to purchase. Then create a firm budget and begin purchasing items a few at a time, before the holiday craze.

Another way is to buy a $50 or $100 gift card a month and put them away until you start holiday shopping. Then use them to purchase gifts or simply give as a gift.

More

Make sure to check out our events page for future educational events on financial wellness!

Resources

Clever Girl Finance

Clever Girl Finance® is one of the largest personal finance platforms for women in the U.S. and we have consistently been voted one of the best finance websites for women.

My Fab Finance

Created by nationally recognized millennial money expert Tonya Rapley, My Fab Finance is a leading financial education and lifestyle blog for millennials who want to become financially free and do more of what they love. 

The Budgetnista

Tiffany “The Budgetnista” Aliche, is an award-winning teacher of financial education and is quickly becoming America’s favorite, personal financial educator.