Activity – Stacey Daprile – Ambassador

Stacey Daprile – Ambassador replied to the topic Does It Really Matter Where You Go To College? in the forum My journey 7 years, 4 months ago

Kayla, we now have four college graduates – two more to go! I can say that the school choices affected the experiences that they were afforded and in that way, the school choice made a difference. Now, I also think that students are offered amazing experiences at many, many colleges and universities. It is all about taking advantage of the…[Read more]

Stacey Daprile – Ambassador started the topic Money Saving Travel Tips Needed! in the forum Manage your debt 7 years, 4 months ago

I love to travel and a huge chunk of our budget is spent on traveling. I will forgo lots of material things and stretch our grocery budget to the max, just to afford our trips. I really work hard to maximize our travel budget as best as I can.

Unfortunately, I always seem to spend more on our trips – once I am in the travel mode – than I had…[Read more]

Stacey Daprile – Ambassador replied to the topic Learning to Not Splurge in the forum My journey 7 years, 4 months ago

Antoinette, money used to burn a hole right through my pockets every time I had cash! It is just something that over time I have had to learn to resist. The thought of paying myself first – and making a deposit to a savings account, is what has helped me.

Stacey Daprile – Ambassador replied to the topic My Financial Plan Gives Me Confidence in the forum Save for retirement 7 years, 4 months ago

Kelby, you are right! Structure is so important in helping us stay on track.

Stacey Daprile – Ambassador started the topic My Financial Plan Gives Me Confidence in the forum Save for retirement 7 years, 4 months ago

Recently I was chatting with two of my friends about retirement. One friend is currently retired and the other, like me, is still working and has one child in high school and one in college. The conversation went something along these lines.

Retired friend, “It feels weird spending money each month and knowing that our accounts are now being d…[Read more]

Stacey Daprile – Ambassador replied to the topic Saving For Baby's College in the forum My journey 7 years, 4 months ago

Congratulations! I bet you now have baby names swirling through your head! We used both 529 accounts and UGMA accounts for my kids’ college savings. It was nice to have a balance, but the 529 seems to be the best way to go at this time. The best advice is to start early.The time really does fly by faster than you will ever realize.

Stacey Daprile – Ambassador started the topic My Financial Yearly Check Up in the forum Build your investments 7 years, 5 months ago

I just received an email from my money manager (the one that oversees most of my retirement accounts) to set up our yearly check up. I love that they are always on top of this and contact me. We get together every August to review account allocation and past growth. We also talk a lot about the kids, my job and income, and any changes over the…[Read more]

Stacey Daprile – Ambassador replied to the topic Have you heard of the Diderot Effect? in the forum My journey 7 years, 5 months ago

I find it is easy for me to get sucked in! I now know to be more aware.

Stacey Daprile – Ambassador replied to the topic Have you heard of the Diderot Effect? in the forum My journey 7 years, 5 months ago

I find it is easy fro me to get sucked in! I now know to be more aware.

Stacey Daprile – Ambassador replied to the topic Multiple Savings Accounts in the forum My journey 7 years, 5 months ago

I have never done this – for me, it would just be too much to manage. Although, I have been tempted many times to set up a Christmas account. If I were to set up a separate savings account it would be for the holidays.

Stacey Daprile – Ambassador replied to the topic Investment Property First? in the forum Buy a house 7 years, 5 months ago

I think if you can find the right property, a duplex is a great idea!~ I have a friend that did this and the rental half is really helping her with the ownership.

Stacey Daprile – Ambassador replied to the topic We Wrote Our Personal Financial Mission Statement in the forum Grow your savings 7 years, 5 months ago

For us the conversations were hard – hard in the sense of coming to agreement and really putting into words what we both envision for our future. It has taken multiple conversations to get to this point. But every step seems to be valuable. While I think we set a rather large goal for us – it will definitely affect our lifestyle, it has given us…[Read more]

Stacey Daprile – Ambassador started the topic Have you heard of the Diderot Effect? in the forum My journey 7 years, 5 months ago

The Diderot Effect is a totally new concept to me in the sense that I have never heard this term before, but I am fascinated because I have fallen victim to this effect many times. The Diderot Effect is a social phenomenon that causes you to spend more money. Yep, it is the name of the situation where you buy one item, and then that purchase…[Read more]

Stacey Daprile – Ambassador started the topic We Wrote Our Personal Financial Mission Statement in the forum Grow your savings 7 years, 5 months ago

As I said last week, my husband and I decided to write a Personal Financial Mission Statement. This was a bit trickier than I originally thought it would be! But I love all of the conversations that took place over the course of the week. We actually started our talks while hiking last weekend and shared with each other what we wanted for our…[Read more]

Stacey Daprile – Ambassador replied to the topic Bringing in More Income in the forum My journey 7 years, 5 months ago

I hear you Antoinette! Five years ago I left a job that I loved because it simply did not pay enough, and in life – money does matter. Fortunately, I have come to love this job just as much. I admit it took some time to build the relationships that make going to work feel so good. The thing is I am a teacher, so the pay is not that phenomenal…[Read more]

Stacey Daprile – Ambassador replied to the topic Writing a Personal Financial Mission Statement in the forum Grow your savings 7 years, 5 months ago

Thanks, Antoinette. The students worked really hard. I was super proud of each and every one of them! I love that you are going to have your clients develop a mission statement. I think they are very powerful in helping us stay focused.

Stacey Daprile – Ambassador replied to the topic How we compromised on a big purchase in the forum Manage your debt 7 years, 5 months ago

It is hard when we have different money personalities! Sounds like you manage it well. Yes, he really is enjoying his “new” car!

Stacey Daprile – Ambassador replied to the topic That's It…I'm Doing It…I'm Paying Off My Furniture in the forum Manage your debt 7 years, 5 months ago

Kayla, I feel that it is always important to have your emergency savings held sacred. At 0% interest the debt is not costing you anything, and if you are earning interest on the savings you are money ahead. If the debt is costing more than you can earn, then I’d say pay off the debt.

Stacey Daprile – Ambassador started the topic Writing a Personal Financial Mission Statement in the forum Grow your savings 7 years, 5 months ago

Our recent car purchase, where my husband and I were able to come to a compromise, got me thinking about writing a personal financial mission statement. I am a teacher and this last year my students ran a used book store as a vehicle to raise money for a local charity. (They raised over $1,700!) One of the first things we did as a class was to…[Read more]

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