tag:blogger.com,1999:blog-20434906119755655872012-02-16T09:31:58.986-05:00Helping Every Sista become more Financially Savvy.Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.comBlogger331100tag:blogger.com,1999:blog-2043490611975565587.post-70094447455291819292011-07-07T17:17:00.002-04:002011-07-07T17:20:48.055-04:00

The Financially Savvy Sista is seeking three dedicated members with prior blogging experience to write engaging, witty and concise articles about financial issues concerning women.Please review the details below.--Must be able to commit to blogging once a week--Blogging term begins on August 1, 2011 and ends on December 31, 2011.--Must have prior writing experience either via existing/older blog,

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-5126221087769117142011-02-14T14:57:00.002-05:002011-02-14T15:09:39.181-05:00

and a NEW Financially Savvy Sista! Last year was GREAT! We hosted our first ever Financially Savvy workshop for Married Couples, we were featured as the cover story for P3 Magazine (www.thep3group.com), we held our first workshop series on Individual Income Taxation, and much more! This year seems to be even more promising....Happy New Year to all! "Embark on a journey that will leave

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com1tag:blogger.com,1999:blog-2043490611975565587.post-39078831466409956882010-07-17T10:27:00.002-04:002010-07-17T10:39:40.931-04:00

If you missed the The Ladies Room with Sheila & Shay radio show, don't worry. Check it out over on the left hand panel. During the show one listener had inquired about financial tips while going through a divorce. Well, here are few helpful websites. Again, the best advice is to seek a financial advisor or coach, and they will work with you on a case-by-case basis. 1.Divorce 360 - http://

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-72374990869012090642010-07-13T15:26:00.003-04:002010-07-13T15:36:39.260-04:00

Listen live TONIGHT to The Ladies Room with Shelia & Shay (WIFI 1460AM) to hear The Financially Savvy Sista discuss wealth building and financial management. I will field questions during the top half of the show about credit, financial preparation for the future, retirement savings at every phase (20, 30s, 40s, etc.) and any other financial management concern you may have.The show begins at 10pm

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-23985582330720306822009-12-22T12:17:00.002-05:002009-12-22T12:19:05.254-05:00

Wishing you and your family the Christmas season's joys and wonders.Enjoy the holiday and cheerish the time you have with your family andfriends.

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-72490504890533335102009-10-08T15:22:00.004-04:002009-10-08T15:34:36.954-04:00

POWER, PASSION and PURPOSE!Listen to the Financially Savvy Sista discuss ways to manage your finances with Lisa Thomas.http://www.thep3group.com/magazineEnjoy!

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-15796232448627333702009-09-28T11:23:00.002-04:002009-09-28T11:33:55.563-04:00

We all have strengths and weaknesses when it comes to money. A common determining factor that suggests how an individual effectively someone saves and spends is their personality…their approach to money matters!The AccountantMoney means security to you, so you take it very seriously. Balancing your books to the penny, never spending impulsively, and saving religiously – sometimes even to the

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com2tag:blogger.com,1999:blog-2043490611975565587.post-43787500190166422562009-09-24T18:42:00.000-04:002009-09-24T18:43:36.864-04:00

That’s right; I’m back and sharing financial knowledge like never before. After a very relaxing hiatus from writing, it feels good to be back.

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com3tag:blogger.com,1999:blog-2043490611975565587.post-11665353408060543312009-09-07T13:25:00.003-04:002009-09-07T13:34:50.225-04:00

All labor that uplifts humanity has dignity and importance and should be undertaken with painstaking excellence. -Martin Luther King Jr.Happy Labor Day!

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com1tag:blogger.com,1999:blog-2043490611975565587.post-47909285724383423172009-02-27T10:17:00.003-05:002009-02-27T10:21:35.184-05:00

The dilemma of deciding which financial records to toss or keep can seem daunting at first, but it is an important step in financial management. As the income tax deadline vastly approaches, cataloging your documents will make it easier when you decide to file your taxes, revise (or develop) you budget, or you need to present them to a financial advisor.Here are a few tips to help you organize

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com5tag:blogger.com,1999:blog-2043490611975565587.post-18851273229564664902009-01-29T12:48:00.002-05:002009-01-29T12:57:29.585-05:00

Last week I witnessed the most amazing thing - the Inauguration of the 44th President of the United States. This event, inspired by hope and perseverance, was breathtaking and monumental. We walked for miles, talking to any stranger who would listen. With over 2 million people, finding a place to stand was like picking up broken glass out of mud! Nevertheless, we toiled the winter weather and

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com2tag:blogger.com,1999:blog-2043490611975565587.post-49597703045352192532009-01-16T10:55:00.004-05:002009-01-18T22:31:59.384-05:00

If you haven’t already received your W2’s, you will soon. Your employer has until the end of January to get them to you, so get ready. Once you have received them, you have until April 15 to get them to the IRS. Although April seems far away……it’s not! Here are a couple of things to remember when you file your taxes:Find and organize your records:Not only will you receive a W2 from your employer,

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-2795790090619608632008-12-17T17:18:00.003-05:002008-12-17T17:27:06.018-05:00

Listen tomorrow night as The Financially Savvy Sista interviews William Patterson.*************************THINK BIG RADIO Thursday, December 18, 20089pm Eastern Standard TimeTopic: How to Increase your Income and Build Wealth in a Tough Economy! Guest is: The #1 Business Motivational Speaker, William R. Patterson William R. Patterson is a wealth coach with the Baron Series and the author of

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-30250756283960369832008-12-04T14:01:00.005-05:002008-12-04T15:46:15.683-05:00

A couple of weeks ago, The Financially Savvy Sista was a radio show guest on the Update Show at WLKF 1430 AM were I, along with two other phenomenal women – Karyn Beach and Kim Crouch – discussed “Surviving the Holiday Season: Finances to Family!” We discussed everything from the economic impact of Obama’s historical presidential win to developing a successful holiday budget.Since the show, I

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com2tag:blogger.com,1999:blog-2043490611975565587.post-54922690115931064672008-10-14T11:40:00.005-04:002008-10-14T15:10:05.661-04:00

The Financially Savvy Sista has been invited to be a Monday night host for Think Big Radio!The Think Big Radio Talk Show invites business owners, leaders, investor’s, entertainers, and educators to share the latest market news, business tips, tricks and know-how with listeners all across the globe.Listen live every Monday night at 9pm EST to Think Big Radio to hear The Financially Savvy Sista

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com1tag:blogger.com,1999:blog-2043490611975565587.post-56216163775074914342008-10-14T10:51:00.004-04:002008-10-14T11:02:41.647-04:00

The Emergency Economic Stabilization Act of 2008 (better known as the bailout plan-finally passed after causing widespread controversy in Congress and an extreme backlash from the general public) is a law authorizing the United States Secretary of Treasury to spend up to $700 billion to purchase distressed assets, especially mortgage backed loans and securities from nine of the nation's largest

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com1tag:blogger.com,1999:blog-2043490611975565587.post-66603928323723716592008-10-01T13:02:00.006-04:002008-10-01T13:42:58.235-04:00

the breakdown and attempted repair…A few weeks ago, Wall Street giants Bear Stearns, Lehman Brothers and Merrill Lynch were swallowed by rivals; and after Goldman Sachs and Morgan Stanley sought a commercial bank status gone is the investment banking model which dominated for decades. Last month, our government stepped in to bailout Fannie Mae, Freddie Mac and AIG. Then Washington Mutual (WaMu)

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-31422002930348884492008-09-19T16:19:00.000-04:002008-09-19T16:19:10.428-04:00

I wanted to share this article that I came across today. After hearing President Bush's speech this morning, I am no more hopeful for the state of our economy than I was yesterday! ******The Morning Brief - WSJ.com (link to actual posting)The number of "historic" actions taken this year by U.S. financial authorities to deal with landmark fiscal disaster seems likely to make 2008 one for the books

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-82225365710761414572008-09-10T11:39:00.001-04:002008-09-10T12:14:44.795-04:00

As home ownership declines and foreclosures rise, many people wonder if any relief is in sight. For the two largest lenders in the U.S. - Fannie Mae and Freddie Mac - this question has been lingering over the heads of their CEO's, VP's and board of directors for the last 5 years. Together, Fannie Mae and Freddie Mac own or guarantee almost $5 trillion in home loans, which is about half the

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com1tag:blogger.com,1999:blog-2043490611975565587.post-74582466580786478672008-09-09T11:45:00.003-04:002008-09-09T12:01:03.654-04:00

A few weeks ago a friend asked me if I could help her think of any unique graduation gift ideas for her nephew. His parents had already purchased the 'good' stuff (laptop, iPhone, Staples gift card), so she wanted something different. So, I suggested a 529 Plan. Although she was not familiar with 529 Plans, she was open to the idea. Understanding 529 PlansA 529 Plan is an education savings

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-56692743746065207672008-08-20T15:59:00.006-04:002008-08-26T17:57:26.865-04:00

A budget shows you exactly where your money goes and provides a plan that allows you save for things that are important to you: a new house, a new car, a comfortable retirement, a college education, travel, or whatever your particular goals and dreams happen to be.There are several standard budgeting concepts that every successful budget should include, but one of the most important features of a

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-82430558146198400562008-08-20T15:59:00.005-04:002008-08-26T16:45:28.404-04:00

It's that time again.....back to school shopping. During this time, parents can spend hundreds of dollars on school supplies, clothes, shoes, lessons and much more. These added expenses can take a toll on any budget, so here are a few money saving tips for your back to school shopping adventures... Get the School Supply List - Make sure you get the school supply list for your child's class. There

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com1tag:blogger.com,1999:blog-2043490611975565587.post-41226742424193375332008-08-19T09:53:00.004-04:002008-08-19T10:09:08.487-04:00

Debt is a pesky little thing. Most, if not all, of us have it. From student loans to credit cards, wedding expenses to Caribbean getaways….we all have it….DEBT. It seems that debt is caused by several controllable issues. Can you identify what causes your debt? Do you know how you accumulated so much debt?1. Financial Illiteracy. Many people don't understand how money works and grows, how to save

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com2tag:blogger.com,1999:blog-2043490611975565587.post-52867668228112489852008-08-13T10:24:00.003-04:002008-08-13T10:39:58.811-04:00

Many people want to invest, but they don't know how or where to start. There are so many investment options, so much information and it seems so risky! Yes investing can be all of the above, that is why it is important to outline your goals, research your options and seek help when necessary. Some of your investment options are: Stocks, bonds, mutual funds, 401(k), 403(b), etc. With all of these

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com1tag:blogger.com,1999:blog-2043490611975565587.post-25148898164053642132008-08-06T09:06:00.004-04:002008-08-06T15:53:55.240-04:00

I have received many emails, asking me “how do I find out my net worth”. It’s simple! Take the value of your assets and subtract it from the value of your liabilities. Try it with these simple steps:1. First, list out all of your assets and liabilities.2. Next add a value to each item listed. Try to be as accurate as possible. If you need help determining the value of your items, check out these

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com1tag:blogger.com,1999:blog-2043490611975565587.post-1434745498554692942008-08-05T10:33:00.006-04:002008-08-05T12:53:33.002-04:00

You want to save, but you don’t know where to start? Try opening a Certificate of Deposit, more commonly known as a CD. A CD is defined as a relatively low-risk investment that can easily be converted into cash.How it Works…When you purchase a CD, you invest a fixed sum of money for fixed period of time – six months, one year, five years, or more – and, in exchange, the issuing bank pays you

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-13886359247148727552008-08-05T10:33:00.003-04:002008-08-05T10:44:20.723-04:00

As many young adults head off to college or abroad, it is important that they are knowledgeable about a few simple financial management techniques that could help them avoid money troubles after graduation. With their newly found freedom, many students might be tempted to spend money on all the things that their parents wouldn’t let them have before. With their massive refund checks, many

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-43175114157142463862008-07-23T14:32:00.008-04:002008-07-23T15:32:55.650-04:00

In the wake of a sluggish economy, followed by stagnant pay and increasing expenses, most of us are looking for ways to reduce our expenses. Although fixed expenses are hard to change, your variable expenses can be easily reduced or eliminated. Below are four ways to reduce your expenses and maximize your pay. ______________________1. Entertainment : We all enjoy a nice movie, dinner date or the

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com2tag:blogger.com,1999:blog-2043490611975565587.post-80290686214243439612008-07-23T14:32:00.002-04:002008-07-23T14:37:16.249-04:00

On Tuesday (July 22, 2008), experts told Congress that America's middle class is growing increasingly squeezed by slumping incomes and rising expenses. In a written testimony before the Joint Economic Committee, Elizabeth Warren, professor at Harvard Law School attested that adjustments for inflation, median household income dropped by $1,175 between 2000 and 2007. At the same time, the average

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-38814954473501413242008-06-30T14:38:00.001-04:002008-06-30T16:07:40.109-04:00

Many people have asked me this question, unfortunately the answer is not simple. It is the opinion of this blogger, that a Financially Savvy Sista is someone who is*: Aware of how money, finance and wealth building operate (separately and collectively). Incorporates basic concepts of money management into their lifestyle.Knowledgeable about the "saving early-investing-retirement relationship".

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-59666703676801072332008-06-30T14:38:00.000-04:002008-06-30T15:34:02.713-04:00

Are you an African-American woman between the ages of 18-35? If so, this blog was created for you! This blog will cover topics that range in areas of making strategic career moves to building long-term wealth for you and your legacies. Thank you.

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.comtag:blogger.com,1999:blog-2043490611975565587.post-55602759298577728782008-06-30T11:38:00.004-04:002008-07-02T12:01:10.239-04:00

A few years ago, while working on my master's degree, I realized that my daytime job wasn't helping me to make ends meet and build a cash cushion. I was able to pay my expenses, but any leisurely activities were out of the question. So I decided to start a side hustle.I thought about becoming a hair stylist, since I styled hair all throughout high school and college this sounded like fun; but, I

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0tag:blogger.com,1999:blog-2043490611975565587.post-38463917734753107132008-06-30T11:38:00.002-04:002008-07-02T11:55:08.221-04:00

Despite much evidence on the affects of sound budgeting techniques, most Americans still refuse to develop a budget.WHY (you ask)?According to some of my readers (poll results from June 30, 2008), 48% said that they aren't exactly sure of how to construct a budget, 29% replied that they believe they use an effective budget monthly and the remaining 33% admitted that their budgeting techniques

Financial Savvy Admin.http://www.blogger.com/profile/04908194156312571930noreply@blogger.com0