Seven Figures: Smart Money Strategies for Women with Sandy Waters

Investing in the stock market, for a lot of people sounds pretty intimidating. Well, to be perfectly honest with you, it really is fairly simple. Each month CFP VP at Morgan Stanley Eric Cummings joins the conversation and gives us some clarity on various financial topics. The focus this month, is investing. She’ll tell us exactly what we need to do to be a successful investor. The goal this year is to help you make strides in your finances. Get you to the point where you have a good understanding of where you stand and what the plan is. It will feel amazing when you can confidently say “I am a financially confident woman” See omnystudio.com/policies/listener for privacy information.

It’s not the most exciting and happy conversation but it IS an important one to have. Marriages sometimes fail no matter how hard you work at it. When you are faced with the reality of divorce you need to remind yourself that you will get through this. There is a silver lining to this dark cloud. Today our guest author, publisher, confidence coach Sheila Kennedy joins the conversation. She openly talks about her experience. How can you heal emotionally and financially after a divorce? I hope this conversation gives you some guidance. Cheers to being a financially confident woman! See omnystudio.com/policies/listener for privacy information.

I'm not ashamed to say it and you shouldn't be either, I like money and I want to have more of it. There are so many ways to make a little extra cash on the side. For a lot of us, especially working moms, or even more so, working single moms making money on the side cannot be time consuming. You already have way to much going on in life, to add one more thing might feel a bit daunting. Soooo what could you do? Our guest today believes selling items on eBay is a great option. He makes it a family endeavor so it doesn't feel like "work" but more like of a fun family activity to do together. He and his family enjoy the hunt of finding that perfect item but also are definitely enjoying the financial benefits of it. Earning on average a couple thousand dollars each month. Are you intrigued? Here are the basics of selling on eBay See omnystudio.com/policies/listener for privacy information.

Want Financial Freedom and be able to Retire Early? Sounds Awesome right?! There is a "movement" you may have heard of called "FIRE" (financial independence retire early) What is it? Who started it? Is it a philosophy we should all buy into? This week my podcaster friend, Joe Saul-Sehy from the Stacking Benjamins show is on with us to explain what FIRE is really all about. He's a super smart finance guy! After you listen to the episode let me know what you think. How do you feel about FIRE? Cheers to being Financially Confident Women! See omnystudio.com/policies/listener for privacy information.

It's the first Friday of the month, time for another financial goal that will help us achieve Financial Wellness Last month, our task was to find 20min a week to dedicate to bettering our financial future. If you haven't yet set a day out of the week, take a moment to do it now. A day you can and will commit 20min to your finances. Put it on your calendar, set yourself a reminder. This month CFP VP at Morgan Stanley, Erica Cummings gives us weekly "to dos" Week 1- Get your documents together. Any and all documents. Put them in one binder, one area of the house. This will help you understand what you have and notice what documents you're missing. After doing this you'll already feel better about your finances. Week 2- Budget Be real with yourself. Find out exactly what you are bringing in and what you are spending each month. Break it down into categories. This will allow you to get a better picture of where you're unnecessarily overspending. A budget will also allow you to see where you can pull money from just in case an emergency comes up. Week 3- Debt This might hurt to add up all your debt, BUT rip off the band aid and just do it. Have a real honest understanding of who you owe and how much. Week 4- Emergency Fund Now that you have all the numbers together, you have a good grasp of your financial picture. Now see where you can pull money to start building up 3-6months of monthly expenses. Don't worry it won't happen in one month, but at least you are consciously making an effort. Every dollar towards your emergency fund helps! You got this! Stay focused this month Cheers to being a Financially Confident Woman See omnystudio.com/policies/listener for privacy information.