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Cara Reynolds – SUM180 Community Manager started the topic Use the Spending Tracker to understand where your money goes in the forum Manage your debt 8 years, 8 months ago
When you understand where your money goes, it’s easier to make changes that move you closer to your financial goals.
That’s why the SUM180 team designed Spending Tracker, a FREE tool that gives you a clear snapshot of where our money is going. With that information, you can make better decisions about where to spend less so we can direct our m…[Read more]
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Cara Reynolds – SUM180 Community Manager started the topic Use the Spending Tracker to understand where your money goes in the forum Manage your debt 8 years, 8 months ago
When you understand where your money goes, it’s easier to make changes that move you closer to your financial goals.
That’s why the SUM180 team designed Spending Tracker, a FREE tool that gives you a clear snapshot of where our money is going. With that information, you can make better decisions about where to spend less so you can direct y…[Read more]
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Cara Reynolds – SUM180 Community Manager started the topic Closet purge? Where to sell your stuff online in the forum Grow your savings 8 years, 8 months ago
After my favorite online consignment store (Twice) was acquired by eBay, I did a little research to see what other options exist.
If you’re spring cleaning your closet and want to make some money selling some of your stuff, here are a few established sites to consider (besides your local consignment stores, or of course eBay):
ThredUp – Accepts…[Read more]
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Cara Reynolds – SUM180 Community Manager replied to the topic Setting Up a 401(k) Plan in the forum Build your investments 8 years, 9 months ago
Hi, Gina! I reached out to SUM180’s CEO, Carla Dearing, to get an answer to your question. Here is what Carla asked me to share with you.
Setting up retirement accounts for yourself and your husband will be a lot easier than you may think. The truth is, you can start saving for retirement in just a few simple steps.
1. To keep it simple: Call…[Read more]
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Cara Reynolds – SUM180 Community Manager started the topic Financial advice for navigating life transitions in the forum My journey 8 years, 9 months ago
If you’re going through a major life transition like the birth of a child or a divorce, it really helps to have a supportive network of family and friends. And since these events also have some significant financial implications, sound advice from a financial expert can really help, too.
Check out these money tips for navigating life…[Read more]
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Cara Reynolds – SUM180 Community Manager started the topic Best cities to retire in the forum Plan your retirement 8 years, 9 months ago
I was just checking out Time Money’s 10 best places to retire list for 2015 and was happy to see that a neighboring city, Lexington, KY made the list as a runner-up for its “college town life.” No mention of my own town, however (Louisville) – in spite of the affordable cost of living, relaxed, medium-sized-city vibe, and terrific food…[Read more]
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Cara Reynolds – SUM180 Community Manager started the topic What does "retirement" mean to you? in the forum Plan your retirement 8 years, 9 months ago
I was just reading an article in Entrepreneur called “What does retirement mean when aging may soon be a thing of the past?” One quote in particular caught my eye.
Retirement is the point in life when you are pursuing passions, not figuring out how to put bread on the table.
I like this definition. Like many people, I expect to be working in…[Read more]
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Cara Reynolds – SUM180 Community Manager wrote a new post, Why combining online + human financial advice is better 8 years, 11 months ago
We’ve all seen the continued hype about robo-advisors in the financial news. Most of the large financial institutions finally rolled out competitive offerings to the early players, Wealthfront and […]
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Cara Reynolds – SUM180 Community Manager started the topic Your crockpot could save you over $2000 a year in the forum Grow your savings 9 years, 1 month ago
Many of us haul out our slow cookers to fix easy comfort foods when the weather turns cool. Who doesn’t love the effortless convenience of crockpot cooking?
Here’s one more reason to use our slow cookers more regularly.
If you’re an average family of four that eats out regularly (upwards of $50 for dinner for the entire family), swapping a slow…[Read more]
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Cara Reynolds – SUM180 Community Manager started the topic Ralph Nader to Federal Reserve Chair Janet Yellen: "Get economics advice from your husband" in the forum SUM180: Our story 9 years, 1 month ago
In an open letter to Federal Reserve Chair Janet Yellen late last month, Ralph Nader criticized her for not raising interest rates sooner, arguing that this decision benefits Wall Street at the expense of small-time savers. Bizarrely, he then went off topic and invoked Ms. Yellen’s husband:
Chairwoman Yellen, I think you should sit down with your…
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Cara Reynolds – SUM180 Community Manager and Veronica Combs are now friends 9 years, 1 month ago
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Cara Reynolds – SUM180 Community Manager and Suzanne Oldham – Ambassador are now friends 9 years, 1 month ago
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Cara Reynolds – SUM180 Community Manager started the topic Community college vs private university: How much could you save? in the forum Manage your debt 9 years, 1 month ago
A college degree from a prestigious private university doesn’t have to result in over $100K of student debt. Attending a typical private university can cost about $144,000 – but the following strategy can cut that cost down to about $35,000.
1. Attend a community college for the first two years.
2. Work part time, save about $700 per month, and…[Read more] -
Cara Reynolds – SUM180 Community Manager started the topic How small changes in your spending can help save you up to $4,400 a year in the forum Grow your savings 9 years, 2 months ago
Love this infographic from BofA! I’m in the process of relocating closer to work and am looking forward to walking vs commuting after my move. The exercise and being outside more were my main goals, but knowing how much I’ll be saving in fuel is a little extra incentive.
Have you made any of these small changes?
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Cara Reynolds – SUM180 Community Manager started the topic Tiny House: How small would you downsize to live mortgage-free? in the forum Buy a house 9 years, 2 months ago
The Tiny House movement has been gathering steam in the U.S. over the past few years, partly for sustainability reasons, partly due to homeowners’ desire to simplify, but and also in response to a stubbornly tough economy.
When we consider that most Americans spend anywhere from one third to one half of their monthly income on housing, and t…[Read more]
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Cara Reynolds – SUM180 Community Manager started the topic Tiny House: How small would you downsize to live mortgage-free? in the forum Buy a house 9 years, 2 months ago
The Tiny House movement has been gathering steam in the U.S. over the past few years, partly for sustainability reasons, partly due to homeowners’ desire to simplify, but and also in response to a stubbornly tough economy.
When we consider that most Americans spend anywhere from one third to one half of their monthly income on housing, and t…[Read more]
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