No, not lattes — you can have your coffee and save money, too — these are the swaps that can really make a difference to your annual bottom line.
| | |
Don’t Swipe, Swap. 10 Everyday Trade-Offs That Will Make You A Millionaire
Becoming a millionaire just got that much easier.
How often do you find yourself going through the motions of daily life — spending on this thing here, or that subscription there — without ever really assessing how it’s impacting your monthly (or annual) budget?
Pretty often, we’d guess. Well, it’s time to switch it up. Take a minute right now and ask yourself two questions: "Is everything I’m spending my money on this month completely necessary?" And, "For those things that aren’t necessary, do I really (really) want them?"
If the answer to both questions isn’t a definitive "yes," it’s time to take a look at where your money is really (really) going. Sometimes those things we buy without thinking about them can get in the way of our futures. We get it — it’s not easy to be thinking about the future in the present. But it’s important to consider what you want your life to look like 20, 40, or even 60 years from now. Why? Because the $10 you invest today in your retirement account at an annual return of 8%, will be worth $34 in 20 years and almost $110 in 30. And if you invest $10 every day — just $300 a month — you’re looking at a retirement account that will, in 30 years, be worth almost a half-million dollars.
Where can you come up with that money even if you feel like you can’t save at all? You swap for it. Even if it feels like you're only saving pocket change, the payoff down the line will be well worth it, explains Carrie Rattle, CEO and founder of Behavioral Cents.
Here’s a look at 10 easy-to-make swaps that can have you well on your way to millionaire status.
|
|
| |
Plus:
Building Your Personal Brand With Marketing Guru Seth Godin
How good are you at keeping your word? Your answer has everything to do with the strength of your personal brand.
On this week’s episode of the HerMoney podcast*, we’re going deep! We’re diving right in for some introspection, and we’re going to flip the script a little bit by asking you a question: Are you the kind of person who always follows through? Someone who always — or almost always — keeps their promises?
If you’re feeling guilty already, don’t, because this week’s guest, Seth Godin, has some motivation for all of us that’s going to change the way we think about our word and our personal brand. Seth is the author of an incredible 19 books, including the worldwide best-sellers "Linchpin," "The Dip" and "This Is Marketing." Seth says that the strength of your personal brand — and perhaps even your entire career — hinges on a single question: Do you do what you say you’re going to do?
Listen in as Seth tells us all what good marketing looks like, how spam is "in the eye of the beholder" and how we should never (ever) spend money to make short-term pain go away.
‘Why I Started Talking To My Friends About Salary Even Though It Was Uncomfortable’
According to The American Association of University Women (AAUW), women still make between 54% and 80% of what men make, depending on our race. And talking to one another — spreading a little of that sunlight disinfectant — is one of the best ways we can help achieve pay parity once and for all.
Knowledge is power. And the most powerful, successful women among us are already discussing their money situation with their pals.
Yes, talking to your girlfriends about salary really can help close the gender pay gap. Be inspired into action.
Want To Work Remotely? Here’s How To Talk To Your Boss And What To Consider Before You Make The Leap
Today, the majority of U.S. companies — 63% — have remote workers, according to a 2019 Upwork Study, and according to Gallup’s State of the American Workplace Report, 43% of employees work remotely at least some of the time. We Work Remotely has seen a 700% increase in the number of jobs posted since 2013.
Working in your pajamas might sound like an ideal situation … but think twice.
Check out the pros and cons of telecommuting before teeing up a remote work policy at your company.
|
|
|
*This is a sponsored podcast, and it’s a part of a paid campaign with Fidelity Investments, which means we were compensated for this piece of educational content. Thanks!
|
|
| |
|
|
Sent to:
newsletter@newslettercollector.com Unsubscribe © 2019 HerMoney Media, Inc All Rights Reserved, 72 N State Road, Suite 156, Briarcliff Manor, NY 10510, United States
