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What Is My Net Worth?

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You may be spending more than you earn and using credit cards to help you cover expenses. A zero net worth is going in the right direction, but you still likely need to reduce your expenses or make more to prepare for the future. Liabilities are debts you owe others, like a loan or a balance on a credit card.

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Lessons From Past Recessions

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How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)? What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)? Where can I cut back on the rest of my spending if it becomes necessary? Beef up your emergency fund.

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Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

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I’m no stranger to setting lofty money goals : At 9 years old I became cognizant of the idea of college—a seemingly far-off milestone that my parents described as “important” and “expensive”—and decided I needed to proactively save money for my college education. Invest in the stock market.

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You Will Survive: 8 Strategies to Overcome New Entrepreneur Anxiety

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This panic arrives the moment we realize we’ve strayed too far from the paycheck mothership and feel compelled to run back to the salaried womb. There is an escape from the Money Panic, and it doesn’t involve selling off retirement investments or increasing your credit card limit. Cut expenses to the bone.

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44 Ways to Kick-Start Your New Year

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Call one of your children on the phone. I want to evaluate my cost-of-living expenses and see where I can cut back. I just started my own business, and I want to evaluate my income versus my expenses to see where I am currently, with the ultimate goal of hitting the salary I want to make. Review your expenses as a couple.

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Answering Reader Mail: Can an EA salary support a family?

Musings of a High-Level Executive Assistant

I believe you can raise a family on an EA salary whether alone or with a significant other. Always buy the most expensive health insurance you can afford. While you are at it, do as much automatic or online bill pay as you can - rent, phone bill, etc. Always remember, the best things in life are free! Still, worth repeating!

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