Breaking bad budget habits (+ free worksheet!)

Breaking bad budget habits (+ free worksheet!)

Red. Glaring, bright red.  That's where we ended up on one of our spending categories in our budget for the end of the year.  Yes, dear reader, I'm confessing that I don't keep to my budget perfectly!  And with the start of a new year, one of my New Year's Goals is to not be in the red at the end of this year. 

My husband is a PhD student and what do PhD students need and want a lot of?

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I won Powerball. And why I’ll never play again.

I won Powerball. And why I’ll never play again.

You had to live under a rock in the last week to have missed the constant chatter about the record-breaking Powerball drawing this week of $1.586 billion.  With three jackpot winners, each will take home around $187 million after taxes with a lump sum pay out. That’s a lotta moolah.  Enough to sustain a family for generations, and even in perpetuity if invested correctly, spent wisely, and a worldwide financial collapse doesn’t occur at some point.

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Make Mint work for you: 4 hacks you can use now (and did someone say bonus?!)

Make Mint work for you: 4 hacks you can use now (and did someone say bonus?!)

“SO WHICH BUDGETING TOOL SHOULD I USE?”

I get asked this question a lot by clients who are new to active money management. They want to know what the best app or system is for setting and managing a budget. The truth is that it really doesn’t matter which one you use as long as a) it doesn’t stink and does the job it’s supposed to do and b) you actually use it.  

For me, I’ve been a long-time Mint user*, a free platform that has over 10 million users. I think I started my account with them in 2009, before they were acquired by Intuit, the publisher of Quicken and TurboTax. I’ve watched the platform evolve over time, and they’ve done a good job of ensuring the core functionality of helping you create and monitor a budget functions well, especially since it’s a free platform.

So while I’ve been happy with the tool for some time, it’s only because I have had nearly 6 years of experience with it to make it work well for me. Here are 4 hacks to make it work well for you, now. (Click through and read to the bottom to see how you can get a free resource and 2 bonus hacks!)

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Thank You.

Thank You.

Thank You.

It’s the evening of Thanksgiving Day, and I hope that you have a full belly and bank account today as a subscriber of Change the Race.

You are the reason why I write and provide financial coaching. It’s a privilege to be able to work with people like you to make your financial life a better one, so that you can make this world a better place doing what you love. Thank you.

I’ve been doing more financial coaching than...

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Your home as an insurance policy. Don't buy more coverage than you need.

Your home as an insurance policy. Don't buy more coverage than you need.

Back in 2009, when Lady Gaga and Kings of Leon were a bit more on fire and the housing market was ice cold, there was a federal program that offered first-time homebuyers a tax credit of $8,000.  In plain language, $8,000 was knocked off your federal tax bill if you bought a home for the first time in 2009 or 2010 and lived in it for at least three years.  

I was working for a tech company at the time and all of my colleagues were young millennials with solid incomes and many were ready to make their first home purchase. The conventional wisdom that

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