Financial Updates Archives - Frugal Chic Life

Money Goals for September 2020

by Nicole | Sep 14, 2020 | Financial Updates, Goals

Welcome to September! This month has been a whirlwind as the kids have returned to (virtual) school as the COVID-19 pandemic continues. Schools in our county (I’m in Maryland) will remain physically closed at least until January 2021 because of the ongoing...

Plan With Me: Saving & Investing Goals For August 2020

by Nicole | Aug 10, 2020 | Financial Updates, Goals

Saving & Investing Goals August 2020 It’s hard to believe that it’s August already. In the normal world, we’d be getting ready to shift into back-to-school mode and the kids would be excitedly shopping for school supplies. BUT, a few weeks ago we...

Plan With Me: Saving & Investing Goals for July 2020

by Nicole | Jul 14, 2020 | Financial Updates, Goals

I’m a huge believer in the power of goal setting, in fact, I’m a chronic goal-getter. There is something magical about brainstorming a goal, writing it down, and then making it happen through hard work and perseverance. Today I’ll be sharing the...

My Next Big Money Goal: Introducing Project $100K

by Nicole | Feb 7, 2020 | Financial Updates, Goals

It’s been a while since I’ve been working towards a really big financial goal. To be clear, I’m no stranger to big money goals. Last year I bought my ‘new’ car in cash. And in 2015 I paid off nearly $100K in student loan debt and then saved a 6-month emergency...

2019 Recap, My ‘Word’ for the Year, + Goals for 2020

by Nicole | Jan 15, 2020 | Financial Updates, Goals

I hope that you’ve had an amazing holiday season. And, that you’re excited about the year and not only the new year to come but the new decade to come as well. Recap of 2019 This year I concluded my very first year of whatever first year of semi-retirement,...

April 2019 Month in Review: Life, Money, and Business Updates

by Nicole | May 29, 2019 | Financial Updates

Month in Review: April 2019 April was a busy month. Legit busy. Busy in a way that I don’t enjoy anymore. Because I no longer wear ‘busyness’ as a badge of honor. But…a few weeks ago I agreed to work one additional day per week (on a temporary basis) after one my...

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Budget.Save.Invest.

Managing money, while balancing work, kids, and multiple responsibilities can be stressful, overwhelming, and frustrating. But the good news is, you’re not in this alone. Together, let’s embrace the beauty of financial freedom so that we can work less, and live more!

I think I've heard every reason in the book, but t $I think I've heard every reason in the book, but the #1 reason I hear is "not knowing where to start". Lack of information in today's world isn't a valid excuse. We're glued to our phones all 👏🏾 day 👏🏾. The real problem is failure to execute on the information that we do have. ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Another common reason for not investing is "not having enough money". There is a major misunderstanding about how much money is needed to invest. With many of the apps out now, we can even buy fractional shares with as little as $5 to start. ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Fear is valid. I get it. No one wants to lose money, including me. But baby boo... you're already losing money by doing nothing. It's called inflation. Being afraid of investing isn’t a mistake. Failing to do-it-scared is the mistake. ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ If you’re intimidated by investing, start small. Begin with your workplace account. It's not sexy, but it is investing. The best place to start is by contributing to your workplace 401k or 403b. Next, start a Roth IRA. ⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Commit to opening up your 401k statements, combing through them, and see if there are words that you don’t understand. Then look them up and familiarize yourself with the lingo. As you become more comfortable, you’ll be able to expand, get more aggressive, and explore more advanced investing strategies if you choose.⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ If you’re tired of sitting on the sidelines and want to start investing today, join the 4-Day Investing for Beginners Challenge. It’s totally free to join. #linkinbio⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ #moneymindset #moneymatters #moneycoach #budget #wealthbuilding #wealthymindset #thinkbigger #financialwellness #debtfreejourney #debtfreeliving #budgeting #debtsucks #financialfreedom #financialindependence #shebuildswealth #millionairehabits #compoundinterest #indexinvestor #investingmatters #financialindependence #debtfreecommunity #savemorespendless #personalfinanceforwomen #beyondthebudget #frugalchiclife$