Daily Archives: December 16, 2013
You’re ready to get your finances in order, but where do you start?
I pretty much get this question on a weekly basis and I completely understand. A little while back when during our twitter chat I said that, “looking at your credit report for the first time is like walking into a room and all of you bad financial decisions are hanging out”. It can be absolutely overwhelming. It’s especially overwhelming if you are pretty much starting from zero.
There are many different plans of action one can take, which I think are relative to your situation. While retirement is extremely important I think that establishing good financial habits and a budget is even more important.
The first thing I recommend that people do is become employed or establish a regular form of income. To accomplish your financial goals you will need… finances. Underemployed is different and can be an issue on it’s own but the important thing is to become employed so that you can take care of your necessities (rent, food, transportation, child care, etc.).
Then establish a budget. I highly recommend my friendtor (Friend +Mentor) Tiffany “The Budgetnista” Alliche book The One week Budget which you can purchase on Kindle for less than $1 here . I highly recommend this book and often refer to it myself.
For this step you should be very familiar with your credit report so that you can identify debts owed and the amounts. This will be key in determining a “get out of debt plan”. Be patient and just know that getting out of debt often takes longer than it did to get into debt, but it is more than possible.
Next begin putting away what you can afford to towards your emergency fund.When I say what you afford to that doesn’t mean only putting aside $25 a month because you have $100 on the side for your Fun Fund. Establishing an emergency fund is essential. I recall after graduating from college I was laid off from 2 jobs. One went bankrupt and the other one reorganized after coming out of bankruptcy. Job security is not what it was for our parent’s and grandparents. It is important that you are prepared for what ever may happen. The amount you put aside each month should take into account how much of your current income you will need to pay off your debts. For example, currently I put aside roughly $300 per month and hope to boost that to $500 by next year.
While you should be concerned with investing, unless your job has a matching program which would essentially mean free money, focus on getting your savings together and your debt down. One thing I’ve learned since doing this is that you will need your emergency fund before your retirement account.
Once you get a grip on the basics, then begin visiting your investment and retirement options.
Also remember, more people have issues with finances than those that don’t. I know a lot more financial messes than I know successes. Find a finance buddy and hold each other accountable. It’s so much easier when you are working with someone else to accomplish your financial goals.
These are a few quick pointers for anyone looking to get started.
There are so many other resources available on this site and on the sites of my fellow Frugal Fab 5 ladies. Browse around my site and be sure to check out theirs for other valuable information to change your finances and change your life!
Fabulous and Frugal- http://www.fabulousnfrugal.com/
And The Budgetnista- http://thebudgetnistablog.com/
SWEETLY SUGARED SHADES
Introducing eight new limited edition matte texture shades designed to give nails a mouth-watering manicure. Gumdrops feature a “sugar-like” finish that lightly shimmers with fine glitter particles for a brilliant candy colored finish.
For Best Results
Gumdrops nail lacquers should always be worn without top coat to achieve the unique textured matte finish.
New Nail Art Looks!
Try Gumdrops with nail lacquer…two textures…two tones…too sweet!
French champagne makers Moët & Chandon have released a limited edition Golden Jeroboam for the holiday season. The bottle has been made by an inevitable argenteur located in the left bank of Paris and has been covered with gold by the most skilled artisans in the city to become a more elegant and refined object. As a tribute to the year Moët & Chandon was founded this Jeroboam will be limited to one thousand, seven hundred and forty three editions.
3 Fabulous finishes: Satin, Shimmer & Soft Matte
See your shade instantly with the clear view window.
Lip-nourishing formula with shea butter, omega-3 oil, arctic berry and vitamin E. Conditions and moisturizes lips. .106 oz. net wt.
Creating a better energy bar was the original inspiration for the founding this New York City company, and when husband-wife athlete power couple Catherine and Jason Walsh discovered chia seeds, they knew they had their star ingredient. They first created raw, vegan Chia Charger bites meant to power workouts, and later they expanded the line to include chia-laced peanut butters, which come in three flavors—classic, coffee, and chocolate—and with a hearty spoonful of omega-3s, protein, and antioxidants. The products are non-GMO verified, but not organic.
Chai Spice Nut Butter
(Peanuts, Almonds, Wildflower Honey, Cardamom, Clove, Ginger, Cinnamon, Vanilla, Black Pepper, and Sea Salt)
Our Chai Spice nut butter combines American agriculture in the form of peanuts, almonds, and wildflower honey with traditional tea spices of the Indian subcontinent, where “chai” is simply a word for “tea” in Hindi. Like gumbo in Louisiana or peach pie in Georgia, there are as many spiced tea recipes in India as there are families, who pass them down from generation to generation. Our Chai Spice mixture is a traditional Masala Chai blend of cardamom, cloves, ginger, cinnamon, vanilla, and black pepper, which we slowly mix with fresh-roasted, freshly milled peanuts and almonds before adding local wildflower honey and sea salt to create a bright, complex burst of flavor in every spoonful. Megan, who drinks hot chai every morning in the cold months, always had a hard time choosing a favorite Big Spoon nut butter…until now.
Rosemary Chocolate Peanut Butter
Better Off Spread’s small-batch peanut butters all live up to their badass names and eye-catching labels. Natural, tasty and mostly vegan, they’re new staples in our office pantry.
Affectionately dubbed “Every Rosemary Has Its Thorn,” this savory marriage of rosemary and dark chocolate gets officiated by a dash of lemon and sea salt. We promise, no bread is required.
Organic peanuts, organic dark chocolate (organic sugar, organic chocolate liquor, organic cocoa butter, organic soy lecithin, organic vanilla) organic rosemary, organic lemon granules, natural sea salt. Comes in a 9 oz. jar.
Share Your Favorite Holiday Items….
Sex in the City Cocktails
Glamour in a glass ~
Moët & Chandon Champagne and SKYY Vodka have created a collection of unique cocktails inspired by the glamorous characters of the film Sex in the City 2.
3/4 ounce pomegranate juice
3 ounces Moët Impérial
Pink rose petal
Pour the pomegranate juice into the glass. Fill with Moët Impérial. Stir gently with a long spoon. Place a pink rose petal over the drink.
1/4 ounce fresh lime juice
1/4 ounce ginger liqueur
3 ounces Moët Impérial
Lime peel slice
Pour the fresh lime juice. Pour the ginger liqueur. Fill with Moët Impérial. Stir gently with a long spoon. Add a lime peel into the glass.
1/2 ounce elderflower liqueur
3 ounces Moët Impérial
Place the sugar cube into the glass. Pour the elderflower liqueur and fill with Moët Impérial. Stir gently with a long spoon.
1/2 ounce tangerine juice
1/4 ounce maraschino liqueur
3 ounces Moët Impérial
Place the maraschino cherry into the glass. Pour the tangerine juice followed by the maraschino liqueur. Fill with Moët Impérial. Stir gently with a long spoon.
Here are their stylish and sexy drink creations!
2 ounces SKYY Vodka
1/2 ounce fresh lemon juice
1/2 ounce fresh lime juice
1/2 ounce simple syrup or 1 teaspoon sugar
Drop of créme de cassis
Rim a Swarovski martini glass dipped in crème de cassis with sugar. Combine all ingredients in a cocktail shaker with ice. Shake vigorously and strain into the glass. Finish the cocktail with a drop of crème de cassis on top.
2 ounces SKYY Infusions Pineapple
1 ounce fresh lime juice
3/4 ounce triple sec
3/4 ounce créme de cacao
Combine all ingredients in a cocktail shaker with ice. Shake vigorously and strain into martini glass. Garnish with a lime wedge.
Park Avenue Princess
1-1/2 ounces SKYY Infusions Grape
3 ounces 7-Up
1/4 ounce fresh lemon juice
1/4 ounce red wine
Squeeze and drop half a lemon into a cocktail shaker. Add SKYY Infusions Grape and 7Up with ice and stir. Strain into a tall collins glass with fresh ice, and float red wine over top of drink.
Red Over Heels
2 ounces SKYY Infusions Ginger
1 ounce honey syrup (see below)
3/4 ounce fresh lemon juice
Combine all ingredients in a cocktail shaker with ice. Shake vigorously and strain into a chilled martini glass. Lay lemon peel twirl across the rim of the glass with cocktail pick. For the honey syrup: Combine 1/2 ounce water with 1/2 ounce honey ~ mix well.
2 ounces SKYY Infusions Cherry
1/2 ounce Wild Turkey 101 Bourbon
3/4 ounce cola
Combine SKYY Infusions Cherry Vodka, Wild Turkey Bourbon and cola in a cocktail shaker with ice and stir. Pour into a double rocks glass and garnish with a maraschino cherry.
Share Your favorite Holiday Mixers….
As Always Drink Responsibly!!!