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Debt

Why Tax Time Is A Great Time For Single Moms To Catch Up On Their Financial Goals

In Finance

Did you know that about 8 out of 10 tax filers will receive a refund with the average refund being $2,800 (CNN Money)? If you are a person who expects to receive or has received a refund this year, then now is a great time to use your tax refund to catch up on your financial goals and priorities. If you take the time now, you will reduce your stress and have more money to do things later in the year. For example, there was a story that went viral about a single mom making minimum wage who used her…






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Securing Mi Financial Future

Event Recap: Securing Mi Financial Future

In Finance

I had the pleasure of speaking at the Securing Mi Financial Future on October 5th. I spoke about creating a vision for your life, conquering debt, increasing your savings, and building a legacy for your future.   After I spoke, I sat and listened to the other speakers. Although I am a financial educator, I love to be a student as well, so I can learn more about how I can improve the financial health of my family and serve my Phenomenal Moms even more. Here are some highlights from the sessions:   Align Your Finances With Your Vision: Aisha Taylor…






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5-credit-card-mistakes and how to avoid them

5 Credit Card Mistakes to Avoid and How to Overcome Them

In Finance

Credit cards are popular because they are easy to use and convenient. Credit card use amongst millennials, the generation of people born between 1982 and 2004, is relatively high. According to a study by FICO, one in three, Millennials carries a monthly credit card balance between $1,000 and $4,999. Additionally, according to FICO, consumer research shows that 83 percent of Millennials (25-34 years old) use credit cards to fund their lifestyle.” This presents a risk to their financial future if credit is not used responsibly. Given this risk, it is best to be aware of some of the most common credit card…






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What you need to do with your personal finances to be successful in business

Get Your Personal Finances Right: The Financial Steps You Need to Know Before Starting Your Business

In Finance

Starting a business is a way to increase your income and also pursue your dreams. However, what many people don’t realize is that your personal finances may impact your ability to grow a successful business for the following reasons: Obtaining a business loan and credit. If you are trying to apply for a business loan then the bank may look at your personal credit if you do not have sufficient business credit history or if you are a sole proprietorship. Funding your business. If you need to allocate a portion of your paycheck to help fund your start-up, then you…






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5 Smart Ways To Use Your Credit Card

In Frugal, Phenomenal

Credit isn’t bad; the misuse of credit is bad.  Credit can be very dangerous in the hands of an impulse spender or a person who defines herself by her closet.  This can cause that individual to go into a lot of debt.  However, if used wisely credit can be very helpful.  Let’s face it.  Our credit score matters because we need it if we want to buy a home and we need to carry a mortgage, to apply for an apartment, and sometimes to even be considered for employment.  Instead of thinking that credit is bad, I want you to…






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