Why Some Millennials Are Opting To Keep Their Finances Separate

Why Some Millennials Are Opting To Keep Their Finances Separate

One of my closest friends at my last job was consequently old enough to be my mother. One day we were talking about finances and I told her that my husband and I keep our finances separate. She had to pause and think about that- she hadn’t considered it before. The Bank of America 2018 Better Money Habits Millennial Report confirmed what we discovered that day- millennials are more likely than Gen Xers and Baby Boomers to keep their finances separate: 28% of millennial couples keep their finances separate, compared to 11% of Gen Xers and 13% of Baby Boomers. Continue reading “Why Some Millennials Are Opting To Keep Their Finances Separate”

How I Got My Dream Job After Five Years Of Searching

How I Got My Dream Job After Five Years Of Searching

Last year, I knew I needed to find a new job but I was tired of settling. The two positions I’d taken after graduate school had been stepping-stone career moves: My first position was in retail (where I learned a lot more than I thought I would) and my second job was much more closely aligned with my degree but left me wanting more. Continue reading “How I Got My Dream Job After Five Years Of Searching”

I Plan On Saving My Entire Tax Refund In 2018: Here’s Why

I Plan On Saving My Entire Tax Refund In 2018: Here’s Why

I’m in the Facebook group for a small indie women’s magazine and they post prompts in the group almost daily. The group has members of all ages and stages in life and is surprisingly active for a group of over 850 members. A few months ago, this was their prompt:”You have an unexpected $500 that you CAN’T spend on bills. What do you spend it on?” There were 36 comments on the post, and I was the only person to say, “I’d save it.” Call me old fashioned, call me stingy, call me smart, but if I got the average tax return of $2,782 in April, I’d put that money right into my savings account. Here’s why. Continue reading “I Plan On Saving My Entire Tax Refund In 2018: Here’s Why”

Salary Question Ban Benefits Women And Millennials

Salary Question Ban Benefits Women And Millennials

Amazon recently joined a growing list of employers, cities and states that have banned the dreaded salary question: What did you make at your previous job? If you’ve applied for a job in Oregon, California, Massachusetts, New York City, or Delaware recently, chances are you were decidedly not asked about your previous salary, thanks to new legislation banning the practice. And it isn’t just a question of legality; some employers are banning the practice themselves, including Facebook and Google. Continue reading “Salary Question Ban Benefits Women And Millennials”

The Science Of Success: How To Become A Firestarter

The Science Of Success: How To Become A Firestarter

Would you like to feel motivated, inspired, and capable of great things? Better yet, would you like a book full of helpful advice backed up by science and qualitative research to help you achieve those feelings? I thought you might. Firestarters: How Innovators, Instigators, and Initiators Can Inspire You to Ignite Your Own Life by Raoul Davis Jr., Kathy Palokoff and Paul Eder delivers exactly what it promises. Continue reading “The Science Of Success: How To Become A Firestarter”

Traditional Retirement Savings Advice Is Useless For Millennials. Here’s Why

Traditional Retirement Savings Advice Is Useless For Millennials. Here’s Why

On November 1, Jean Chatzky, financial editor for The Today Show, posted a tweet about retirement saving goals. She wrote, “By the time you’re 30, aim to have 1x your annual income set aside for retirement. At 40, 3x; at 50, 6x; at 60, 8x; and by retirement, 10x.” The tweet struck a chord with me because as a near-30-millennial, I’m admittedly insecure about my retirement savings. At the moment I have $3,876 in my retirement savings account, which is 12% of my current annual salary. By the time I’m 30, if I keep saving the way I have, I’ll have managed to put away 50% of my annual income. According to Jean’s goals, I’m very behind in my savings. Turns out I’m far from alone. Continue reading “Traditional Retirement Savings Advice Is Useless For Millennials. Here’s Why”

Millennials Are Slowly Killing Salary Secrecy — And That’s A Good Thing

Millennials Are Slowly Killing Salary Secrecy — And That’s A Good Thing

Talking about your salary can be incredibly taboo, but that’s not necessarily true for millennials. A survey conducted by The Cashelorette found that 63% of millennials ages 18-36 have shared their salaries with an immediate family member, 48% have shared with friends and 30% have shared with co-workers. Only 41% of baby boomers ages 53-71 have shared their salaries with an immediate family member, 21% have shared with a friend, and 8% have shared with a coworker. Continue reading “Millennials Are Slowly Killing Salary Secrecy — And That’s A Good Thing”

It’s Time To Kill The Fantasy That Is Work-Life Balance

It’s Time To Kill The Fantasy That Is Work-Life Balance

In an interview with CNN’s Christine Romans, Martha Stewart said work-life balance didn’t work for her. “It’s one of the most difficult things to do; that balance, which is so elusive to most of us. It didn’t work for me. I thought, ‘Oh, I can do it; I can do all of that.’ I had to sacrifice a marriage because of the lure of the great job… It’s impossible for most of us to get that balance.” If Martha Stewart can’t do it all, can anyone? I went to social media to see what folks out in the real world had to say about work-life balance. Their answers were refreshing, and some really great themes emerged from their responses. Continue reading “It’s Time To Kill The Fantasy That Is Work-Life Balance”