SUM180 | Site-Wide Activity

Sum180 Lead Coach wrote a new post, Why Save 10%?

Mon, 14 Sep 2020 14:38:00 -0800

Saving 10% of your income, every year, is recommended by SUM180, for everyone.

Why? Over and above paying for your regular living expenses and taxes, saving 10% of your income each year allows for the steady […]

Sum180 Lead Coach wrote a new post, Money Advice for Younger Professionals: 3 Things to Do Now So You Will Have More Later

Fri, 31 Jul 2020 18:24:27 -0800

As digital natives, many 20-, 30-, and 40-somethings can find almost anything online, but are still struggling with how to start on the path of financial success. The challenge for most isn’t finding i […]

Sum180 Lead Coach wrote a new post, Planning to retire soon? 10 Steps to protect your financial health now and into retirement

Tue, 23 Jun 2020 18:43:38 -0800

The perfect time for retirement planning is before you give up your job, so you have a clear picture of what to expect and how to be able to afford it. Here are 10 steps that help you prepare and protect your […]

Sum180 Lead Coach wrote a new post, Webinar: Retire Comfortably

Mon, 11 May 2020 14:53:17 -0800

It’s easier to be confident in your retirement when you know:

How much you are going to need;
How much and what types of income you can count on having; and
What you can do now to improve your future security […]

Sum180 Lead Coach wrote a new post, Webinar: Build Your Assets

Mon, 11 May 2020 14:41:53 -0800

It’s easier to build your assets when you know:

How to start and what to add next;
The right mix over time, including real estate; and
How to protect your assets and your family with life insurance.

This […]

Sum180 Lead Coach wrote a new post, Webinar: Maximize Your Retirement

Mon, 11 May 2020 14:35:32 -0800

It’s easier to save for your retirement when you know:

How much retirement savings you are going to need;
Where you stand with your retirement savings now; and
What more you can be doing to get there.

This w […]

Sum180 Lead Coach wrote a new post, Webinar: Manager Your Debts

Mon, 11 May 2020 14:00:08 -0800

It’s easier to manage your debts when you know:

What kind of debt you should have;
How much is too much; and
How to prioritize your payments.

This webinar helps you personalize that information for y […]

Sum180 Lead Coach wrote a new post, Webinar: Build A Savings Cushion

Thu, 02 Apr 2020 18:36:18 -0800

It’s easier to save when you know:

what you are saving for and why;
how much to save now and over time; and
where to put your savings.

For some people, setting savings goals is easy, but others need to get t […]

Sum180 Lead Coach wrote a new post, Webinar: Getting Where You Want to Be

Thu, 02 Apr 2020 18:24:33 -0800

Getting closer to your financial goals is about two things: creating savings; and managing that savings in ways that grow your overall financial picture.
This Lesson 1 covers the basics of how your #msoo – What […]

Sum180 Lead Coach wrote a new post, Sum180: Why and How

Mon, 09 Mar 2020 14:27:03 -0800

#reallife #moneygoals

When it comes to money, most people just want to have enough. What’s enough? The answer is all about you – it’s an entirely personal thing. Your journey starts wherever you are and moves […]

Sum180 Lead Coach wrote a new post, 3 steps to help get you back on track financially

Sun, 08 Mar 2020 17:56:00 -0800

It’s that time of year again: time to step back, reflect, and reassess where you are – to take in the bigger picture – so you can make smart decisions about how to move forward in the year to come. And, as you […]

Sum180 Lead Coach wrote a new post, Your life in retirement: It will look a lot like your life before retirement

Sun, 08 Mar 2020 08:24:34 -0800

You know that retirement ad with white-haired people sitting in Adirondack chairs looking blissfully out at the horizon? That’s not real. It’s as if we are all going to be very rich when we retire, even though we […]

Sum180 Lead Coach wrote a new post, 5 Important Conversations Before You Retire

Fri, 06 Mar 2020 14:40:05 -0800

Before you retire, get on the same page with the important people in your life about what this important life change means to you. It will make for an easier transition and help you avoid financial missteps.

With […]

Sum180 Lead Coach wrote a new post, 3 Tips to Motivate Yourself to Save For Retirement

Wed, 04 Mar 2020 19:53:20 -0800

If you’re having trouble motivating yourself to save for retirement, you’re not alone. Saving for retirement is easy to put off when we have so many other pressing financial responsibilities and expenses i […]

Sum180 Lead Coach wrote a new post, 3 ways to help you prepare for the tax season

Wed, 04 Mar 2020 18:48:36 -0800

For many, gathering paperwork is the messiest, least-fun part of tax season. But we can make prepping for this year’s taxes different by getting organized now.
1. Find your perfect app to keep tax pape […]

Sum180 Lead Coach wrote a new post, How do you know if you have enough to retire?

Mon, 02 Mar 2020 02:46:56 -0800

“Do I have enough to retire?”

Depending on your circumstances, your SUM180 Plan may not have gotten into whether you have enough to retire, or whether you WILL have enough to retire when you choose to do […]

Sum180 Lead Coach wrote a new post, There are many paths to a comfortable retirement

Mon, 02 Mar 2020 02:46:00 -0800

Along with how much you need to retire, people are often concerned about exactly how to get there. They are often very relieved to learn that there are lots of different ways to patch together the right assets […]

Sum180 Lead Coach wrote a new post, Save or splurge?

Sun, 01 Mar 2020 22:22:10 -0800

It’s that time of year again; many of us have filed our taxes or are about to do so – and those of us who expect tax refunds are starting to imagine what we might do with ours when it finally arrives.

Save or […]

Sum180 Lead Coach wrote a new post, Personal finances in your twenties: How to make the most of your money before you turn 30

Sun, 01 Mar 2020 09:00:00 -0800

It’s difficult to think about saving money for emergencies, the future, and retirement when you’re holding a large amount of student debt and living paycheck to paycheck, but that’s no excuse for not saving. Start […]

Sum180 Lead Coach wrote a new post, Taking the Guess Work Out of When to Invest, Especially in Uncertain Times

Fri, 28 Feb 2020 18:16:51 -0800

When it comes to investing, everyone would love to buy low
and sell high. If we could find the magic to always make that happen – we would
all be sitting pretty.

Since no one really has that kind of magic, m […]

Sum180 Lead Coach wrote a new post, Jump Start Your Savings With A No-Spend Month

Mon, 14 Oct 2019 16:53:46 -0800

We love this idea from Stacey Duprile, an early Sum180 member:

Once or twice a year my husband and I declare it a “No Spend” month. And I decided that this month of March, even though it is my birthday mon […]

Tomar Cher replied to the topic Capsule Wardrobe - Saving Money By Not Buying Tons Of Clothes in the forum My journey

Mon, 14 Oct 2019 07:14:08 -0800

Okay, this is genuinely no longer a publish that I should be writing thinking about my own purchasing craziness.

It should virtually be a person manner greater frugal who handiest owns 20 gadgets in her closet and handiest one pair of earrings or something.

Nevertheless, I study lots of fashion and fashion blogs, and each time I listen them list…[Read more]

Sum180 Lead Coach wrote a new post, When you need financial advice: Why consider a fee-only financial planner?

Thu, 10 Oct 2019 18:13:33 -0800

I’m a strong proponent of fee-only financial planners. Because they operate under a fiduciary duty, by law they must have their clients’ best interests at heart. If you choose a fee-only financial planner, you won […]

Sum180 Lead Coach wrote a new post, When do you need a financial planner?

Tue, 01 Oct 2019 18:01:39 -0800

First, it’s important to understand the difference between a financial planner and an investment adviser. An investment adviser helps you decide what to invest in, whereas a financial planner takes a holistic a […]

Sum180 Lead Coach wrote a new post, Car loans: 5 tips for managing car-related debt so you do not overspend

Thu, 01 Aug 2019 19:12:01 -0800

Most of us will carry a car loan some time our lives. Many of us will carry more more than one, either simultaneously or in succession. Car loans tend to be smaller than other types of loans (such as a home […]

Sum180 Lead Coach wrote a new post, Money advice for students heading off to college - and their parents

Thu, 01 Aug 2019 12:20:47 -0800

If you’re a college-bound student, it’s time to start dealing with your money seriously and responsibly. Your future self will thank you!

DO be thoughtful and strategic about student debt. The days when a lot […]

Sum180 Lead Coach wrote a new post, One-A-Day Financial Detox: 7 easy steps to flush bad money habits and adopt healthy ones

Fri, 29 Mar 2019 00:17:00 -0800

Full detox can be a big shock to the system. To break old money habits that are hurting your budget, make small changes gradually – that way, your improvements are more likely to stick.

Sunday: Ditch unwanted […]

Sum180 Lead Coach replied to the topic Long term care options in the forum Plan your retirement

Sat, 12 Jan 2019 19:35:11 -0800

I agree, Neil. I’ve been amazed about how good that coverage can be. My hope is that everyone has the right info at the right time to get the basic AND supplemental plans. It’s not clear if everyone has access to that advice. Thanks!

Erika Jean commented on the post, Investing Basics for Financial Wellness

Sat, 12 Jan 2019 09:10:24 -0800

Great. Thanks for sharing.

Nell Buckelew replied to the topic Long term care options in the forum Plan your retirement

Sat, 12 Jan 2019 07:15:55 -0800

A number of people today are switching for a long term care facility for better living. If you think that long term care is more expensive than you can go with the Medicare insurance plan. There are many additional resources available today with the help of which you can get all the detailed information about the coverage offered by different…[Read more]

Nell Buckelew replied to the topic Travel Costs in the forum My journey

Sat, 12 Jan 2019 06:56:44 -0800

I agree with the above post.

Nell Buckelew replied to the topic Best cities to retire in the forum Plan your retirement

Fri, 11 Jan 2019 05:28:59 -0800

That’s really a cool list Cara.

Nell Buckelew replied to the topic I'm Self-Employed...What Can I Do to Save for Retirement? in the forum Plan your retirement

Fri, 11 Jan 2019 05:25:53 -0800

Another option is that you can invest in health care insurance which later will give you benefits on medical expenses after retirement.

Nancy DeFauw - SUM180 Team wrote a new post, IRS: Take this money, please! You: Um, thanks?!

Fri, 07 Dec 2018 15:28:09 -0800

If you’re saving in a retirement plan (either through work or on your own) you might be eligible for a credit on your income taxes.

Tax credits are quirky. You have to owe taxes back to the government on yo […]

Sum180 Lead Coach wrote a new post, Hitting the Reset Button Financially: 3 steps to get started

Wed, 05 Dec 2018 21:03:54 -0800

The beginning of the year is a good time to hit the reset button in general, and on where you are with your money.

This includes taking stock of your financial picture, regardless of where you stand at the […]

Sum180 Lead Coach wrote a new post, Where You Should Be By Your Late 20s With Your Money

Sat, 17 Nov 2018 20:56:56 -0800

Congratulations! No matter what road you took, you are now in the work force with a real job. At least for a while, there is no “out” any more – no more schooling or Uber driving at night. You’re full-time […]

Sum180 Lead Coach wrote a new post, 5 Things Students Need to Know About Credit Cards

Wed, 31 Oct 2018 09:06:48 -0800

Many students are making careful lifestyle choices like living with roommates and taking side gigs to supplement income from their day jobs. Many delay major purchases like cars or homes. Some even avoid credit […]

Sum180 Lead Coach wrote a new post, 4 tips to tame credit card debt

Tue, 30 Oct 2018 10:35:28 -0800

A few days ago, CBS News announced that the amount Americans owe on their credit cards has hit an all time high: over $1 trillion. Now, not everyone carries a balance on their credit cards from month to month, but […]

Sum180 Lead Coach wrote a new post, Splitting the bill, no matter your status

Mon, 29 Oct 2018 14:05:23 -0800

Let’s face it: splitting the bill has always been a landscape fraught with social landmines. For example, just yesterday I read one woman’s story about how she once arrived late to a group dinner. Her friends had […]

Sum180 Lead Coach wrote a new post, How Much House Can You Really Afford?

Sun, 28 Oct 2018 20:16:36 -0800

For many of us, “home” means sanctuary, family, the place where we replenish ourselves, and feel safe and grounded. For this reason, when the time comes for us to choose and buy our own home, the decision is often […]

Sum180 Lead Coach wrote a new post, Design a successful financial wellness program

Sat, 27 Oct 2018 15:17:26 -0800

Over the past few years, we at Sum180 have been happy to see more and more employers come to recognize the value of financial wellness programs in terms of employee wellbeing and productivity. With the importance […]

Sum180 Lead Coach wrote a new post, 3 Myths About Financial Planners

Fri, 26 Oct 2018 14:02:48 -0800

Myth: Investment advisers and financial planners are the same thing.

If you’re asking yourself whether you are ready to benefit from professional financial advice, one of the first things you need to u […]

Sum180 Lead Coach wrote a new post, Financial wellness is in its infancy: How to get it into your workplace?

Thu, 25 Oct 2018 18:21:43 -0800

Financial wellness is hot right now. In the past year, the number of employers to recognize the impact financial stress has on employee productivity has reached critical mass. As a result, we are seeing a big jump […]

Sum180 Lead Coach wrote a new post, 3 out of 4 Americans are living paycheck to paycheck. Are you stuck in survival mode? 5 ways to break free

Wed, 24 Oct 2018 09:05:41 -0800

If you are struggling to make ends meet, you’re definitely not alone. The truth is, most working Americans live paycheck to paycheck. In 2016, CareerBuilder surveyed more than 3,200 full-time workers and learned […]

Sum180 Lead Coach wrote a new post, Do you really need a prenup?

Tue, 23 Oct 2018 09:38:24 -0800

I’m often asked by engaged individuals whether a prenup is necessary for them – and if so, how to handle the delicate conversation with one’s future spouse.

If you’re about to be married, should you insist that […]

Sum180 Lead Coach wrote a new post, Do wellness benefits drive retention? Indirectly, yes. The key: Appreciation

Sun, 21 Oct 2018 16:28:44 -0800

No single wellness benefit drives retention, but taken holistically, wellness benefits show your company cares. And that does drive retention.

As Forbes pointed out at the beginning of the year, the biggest […]

Sum180 Lead Coach wrote a new post, 3 money lessons to pass on to our children

Sat, 20 Oct 2018 21:16:15 -0800

I’ve written before about how, as children, we watch how our parents manage their money and absorb those lessons unconsciously. Sometimes, those unspoken lessons can be damaging, and require hard work and […]

Cara Reynolds - SUM180 Community Manager wrote a new post, Taking the fear out of finances: 4 tips from real people who overcame their stress over money

Fri, 19 Oct 2018 11:53:17 -0800

Many of us feel some stress and anxiety when it comes to money. It’s only natural—for most of us, money represents security, so uncertainty related to money can really wreak havoc with our peace of mind. The tri […]

Sum180 Lead Coach wrote a new post, Savings basics: 5 steps to get you started, from emergency fund to your first investment portfolio

Thu, 18 Oct 2018 14:19:16 -0800

Get a handle on your expenses. When you know where your money goes, you are in control and can be thoughtful about aligning spending with priorities. Use an online money tracking service (like Mint or Quicken) […]

Sum180 Lead Coach wrote a new post, Share, Rent, Barter

Wed, 17 Oct 2018 21:12:49 -0800

Dealing with everyday expenses and financial commitments sometimes feels like all we can manage – and we find ourselves delaying other, important goals like saving for retirement, or even building an emergency f […]