Comments on: Time to Make Wise Financial Decisions

By: Destiny USA tips

Destiny USA tips — Sun, 10 Aug 2014 08:00:44 +0000

I’m interested in seeing Lynch at some point this preseason. He looks fat.

By: Asha Dornfest {Parent Hacks}

Asha Dornfest {Parent Hacks} — Fri, 02 Mar 2012 01:53:50 +0000

Ana! How exciting for your family that the school came through. Warmed my heart to see that pic of your little girl! Re: $: even starting small…the key is to start NOW. The basic starting point is this: 3-6 months of living expenses in emergency savings (accessible, but not sitting in your checking account), then the rest in your retirement fund, and after that…college savings. My favorite book is Jane Bryant Quinn’s “Making the Most of Your Money.” Don’t be intimidated by the size…just read the parts that are relevant. Extremely readable, great advice, with tons of detail if and when you’re ready for it, good basic advice if you’re not. I’d also recommend Tsh Oxenrider’s blog simplemom.net. She’s a Dave Ramsey fan, but lots of good stuff about the peace that comes with basic money management as well.

By: Dariela

Dariela — Thu, 01 Mar 2012 21:01:39 +0000

We do have both already but it depends on us to keep adding funds to them, it;s not automatic cause we haven’t set it up that way. Hopefully later we can set it up so it takes the money out of our accounts automatically and they really grow. Why not set them both? A little here and a little there?
I am not the best advisor and not the best money-management person either but that’s just our experience! I’ll keep reading the comments to see what other people have to say too!

By: Monica

Monica — Thu, 01 Mar 2012 12:59:30 +0000

It was really hard to take steps towards financial stability when we were living on only one income. Now that I am working from home, that extra money is really helping to pay off debts and pay for medical/dental bills that would otherwise become debt. I firmly believe my children should go to college and I hope to get to a place where I can help them, but I do think paying for it should be partially their responsibility. And don’t discount scholarships! People don’t apply because they think they can’t get them. Yet, I look around and there are so MANY opportunities opening up for Latino children now. We just need to know where to find them.

By: Mercedes @BeChicMag

Mercedes @BeChicMag — Tue, 28 Feb 2012 19:12:18 +0000

This was very insightful! I’m not the greatest either. These are great tips, Ana! Love your note in the disclosure

By: Carla @ All of Me Now

Carla @ All of Me Now — Tue, 28 Feb 2012 15:10:54 +0000

I’m awful with money but trying to get better at it. I’m a big Dave Ramsey fan and think his advice is solid. Emergency fund first then pay down debt like it’s your job. The savings for the future can be well funded when all your income is yours and not for paying off debt. Congrats as well to your little girl! GL!

By: Bren @ Flanboyant Eats™

Bren @ Flanboyant Eats™ — Tue, 28 Feb 2012 07:04:53 +0000

My man friend is a financial analyst and tax consultant so he deals with other people’s money all the time. I try my hardest to take his advice and the budget he has me on, but it’s quite difficult when there aren’t those same obligations a married person has, especially one with children. There are no savings coming in yet so my IRA is sitting very dormant, sadly.

By: Ana Flores

Ana Flores — Tue, 28 Feb 2012 07:04:29 +0000

Cierto!!! They could eventually choose any path. I wouldn´t mind having something for her to count on, though. But, first gotta take care of the debt because don´t want to pass on any of that to her

By: Ana Flores

Ana Flores — Tue, 28 Feb 2012 07:03:09 +0000

You´re so right! It will feel so good to live without this debt. It´s not even that much since we don´t even own a house (we prefer it that way right now). Can´t believe just 5 years ago we were debt free!

By: Ana Flores

Ana Flores — Tue, 28 Feb 2012 07:01:54 +0000

Great points, Beth! The last thing we want is to have to depend on her at all.
Maybe a retirement with a goal to move to Mexico isn´t so bad