Essential Conversations 2018-01-04T20:36:19+00:00

QUIZ: How much investing heat can you handle?

The risk that you are able to stomach in your everyday life typically translates into the heat you can handle in the investment world. To find out what your risk tolerance is, take this quiz: How much heat should you handle? Now, you might consider yourself a thrillist, but should you act that way in the market? Maybe. Maybe not. That depends mostly on your age, but also when you need your money, how much money you can afford to lose and what you want to get with the money you invest. For some basic guidelines for the [...]

By | January 12th, 2018|Investing|

QUIZ: Should you buy or rent a home?

If you’re dead set on buying a home, here’s a quiz to see if you are considering everything. Remember that housing should make up about 35% of your overall monthly budget. As such, it’s damn important to the overall success of your whole financial life. Let’s assume you are looking at buying a $250,000 house (BTW, I used that figure for quick math, but you can easily gauge your particular numbers based off it): Do you have $50,000 in the bank for a down payment? Do you have roughly $5,000 to $10,000 for other stuff like real estate taxes and [...]

By | January 12th, 2018|Budgeting|

QUIZ: Is your business actually growing or are you just gaining traction?

Of course, the most important ingredient to stepping it up a notch is growth. Don’t get me wrong, Boss Bitches got nothing against gaining traction. But I’m talking about real growth here. It sounds so obvious, but you have to ask yourself: is your baby really growing or is it just putting on some pounds that look like growth? To find out, answer these questions honestly: While growth rates vary from week-to-week, are your sales year over year seeing positive growth? Is that growth more than 1-3%? Are your customers reliable repeat loyal customers? Do you not only have money [...]

By | January 12th, 2018|Business, Entrepreneurship|

QUIZ: Is your idea a jobby or just a hobby?

Is your hobby something that is a career for other people? If “yes,” does that career make money that you could subsist on with a lifestyle similar to what you have now? Do you have enough money for the costs it will take to turn the hobby into a career without taking on debt? Are you confident that you can do the less exciting parts of the hobby when turning it into a business (i.e. sourcing, bookkeeping), day in and day out? Are you someone who stays focused without getting distracted or antsy and easily bored? If you answered “yes” [...]

By | January 8th, 2018|Career|

BYOW: Boss Your Own Wallet with These Shopping Tips

It's important to remember as women, we are the bosses of our lives; we have the final say about our careers, relationships and finances. That's why I've teamed up with Sears to empower all you shoppers out there to "BYOW" (Boss Your Own Wallet) just in time for all of your springtime shopping! We spend hundreds of hours annually shopping for ourselves and our families. Isn't it time we made that investment work for us? After all, we're the bosses of our own lives – we've got work to do! People always ask me for tips to better manage their [...]

By | March 26th, 2017|Career, Finance 101, Living|

3 Ways to Get the Most Out of Your Employment Contract

I know: reading dense contracts full of legalese is no fun. If your employment contract is complex enough, you might want to get an outside lawyer to help you either take a closer look and/or negotiate it for you. (And the key word here is “outside” because if you use your new employer’s lawyer, at the end of the day, they’re looking out for your employer, and not you). They will usually take a hefty fee for doing this or in some cases, like in the entertainment industry, they will take a small percentage of your entire contract or signing [...]

By | February 7th, 2017|Career, Featured|

4 Things You Don’t Know About Student Loans…But Should

Student loans. You likely have them; consider yourself extremely lucky if you don’t. Student loans are also technically considered “good debt” because in taking them out, you’re investing in yourself, which, in theory, will give you the tools to pay the debt off many times over. Think of student loans as the avocados of the loan world: like avocados are “good fat,” which nourishes your body, student loans are “good debt,” which expands your knowledge and (hopefully) furthers your career. But like avocados are still fat, student loans are still debt…so don’t gorge on them! Here are four things you [...]

By | January 31st, 2017|Finance 101, Living|

6 Things Early Tax Filers Need to Know

Fun fact: you get three extra days to file your taxes this year. Due to scheduling issues and the fact that April 15 is a Saturday, the deadline to file your taxes is April 18, 2017. So, no excuses! Early filing: As of Monday, January 24 2017 you could start filing your taxes electronically online. You know what that means: the earlier you file your taxes, the earlier you can get your refund back. If you have your paperwork ready (W-2s from your employer to report any wage or salary information, 1099s for any freelance or self-employed work you did [...]

By | January 26th, 2017|Featured, Finance 101|

3 Sneaky Ways to Be Your Own Publicist

You don’t need a schmancy publicist to get the word out about your new business. In fact, if you’re just starting out and watching every penny (which you should be) then I’d advise not spending too much of your bootstrap budget on marketing. Instead, wait until you’ve proven your concept and built up demand to go all out on marketing. Good news: there are lots of websites out there to help you on your way. Here are three of my favorites:   HARO (Help a Reporter Out): You’re likely an expert in your field, whatever that field might be [...]

By | January 24th, 2017|Career, Featured|
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