Money Millennial

Re Launch to Brainy Chick Finance!

Hi Everyone, Money Millennial will be re-launching as Brainy Chick Finance. I hope you’ll join us over there! The goal: to make smart, ambitious, professional women more knowledgeable about personal finance. Brainy Chick Finance was created for young professional Millennials who were looking for a more in-depth resource for their personal finance. My parents were those “Millionaires Next Door”…

4 Essential Financial To Dos When You Turn 25

When I turned 25 and after my massage, dinner, and cake, I decided it was time to conduct a financial review. My 401k is on track and Roth IRA is almost maxed out for the year – retirement savings check. My budget is solid and my spending tracker reflects (most!) of my purchases. I have a healthy emergency savings account, rainy day fund, and a growing travel fund and planning for a wedding…

I Turned 25 and Conducted a Financial Review

On Sunday I turned 25 and after my massage, dinner, and cake, I decided it was time to conduct a financial review. My 401k is on track and Roth IRA is almost maxed out for the year – retirement savings check. My budget is solid and my spending tracker reflects (most!) of my purchases. I have a healthy emergency savings account, rainy day fund, and a growing travel fund and planning for a wedding…

I’ve Been on a Hiatus, but I’m Back!

I’ve Been on a Hiatus, but I’m Back! I’ve been on a short break. There has been a lot going on which will lead to many more conversations around finances I am sure. But to be brief: – My boyfriend has moved in (and yes we have been discussing finances) – One of my best friends and I are making the decision to go into business together (no I am not quitting my day job) – I got a bike and have been…

Money Moments of the Week

Frugal wood’s Frugal Advice For New College Graduates has 3 main priorities: sign up for your 401(k), buy used, and start an emergency fund. Frugal Confession’s What 5 Years of Marriage Taught Me About Couples’ Finance has awesome lessons that you can learn before discussing finances with your significant other. Eyes on the Dollar’s Money Mistakes To Avoid in Your 20’s focuses on how you can get…

Cut Unused Subscriptions to Save $1000

        Cut unused subscriptions and free up $240+

I re-evaluated some of my subscriptions or recurring costs on my credit card statements for Ramit Sethi’s The Save $1000 in 1 Week Challenge Day 1. I had done some minimal prep the week before – nothing too strenuous. Based on his rough outline, here is how I did.

Cell phone – $30 AT&T on a family plan (no change)

I have a pretty darn good…

Money Moments Of The Week

Frugal Beautiful’s Top Free Online Resources to Plan Your Greatest Trip Ever has a handful of websites that will help you organize, imagine, and plan your next destination.

Money Manifesto’s 5 Tricks That Make Saving for Large Expenses Easy has some good tips, like a sinking fund, that will help you plan out major purchases.

Debt Free After Three’s The Unknown Cost of Having a Dogshares many of…

Save $1000 in 1 Week Prep

I wanted to deep dive into the Save for $1000 in a week prep for my Spring 30 Day Finance Challenge. I have taken what Ramit has said and added a few of my thoughts.

Set time aside automatically

Each day I plan to spend 1 hour to read the lesson and take the action steps to save. I think around 8pm each night will be about right. Instead of watching the latest TV show, this will be a good way to…

Save $1000 in 30 Days Challenge

So I mentioned early last week that I would be participating in the Spring 30 Day Finance Challenge where I would:

Challenge 1: Save $1,000 in 30 days.

Challenge 2: Remix the clothing already in your closet for one month.

Challenge 3: Get rid of one item every day.

The first challenge was an old one of Ramit Sethi’sand fortunately he has decided to start it up again — next week but with a new…

Budgeting For Small Celebrations

Yesterday I was in Target and watched dozens and dozens people scour over Mother’s Day cards and grabbing last minute gifts. How many times have we done the same thing? Waiting until the last minute to buy a gift. But when do we think ahead and budget for these gifts? We might find ourselves budgeting for Christmas gifts or anniversaries but what about small celebrations like nieces or nephews…

Spring 30 Day Finance Challenge

Don’t we all love challenges? I am competitive, so you can easily get my buy-in! I stumbled upon a oldie but goodie over at Get Rich Slowly. They propose to do 3 financial challenges in 1 month.

Spring Finance Challenge

Challenge 1: Save $1,000 in 30 days.

This challenge from Ramit Sethi focuses on different ways to cut money from your budget. Each day he shared a tip of how you can save money.…

5 Expenses to Budget For Ahead of Time

Does it ever seem like an expense just pops up out of nowhere, even though you technically should have known about it?

I think it’s happened to all of us at some point or another, especially if we’re particularly busy and don’t realize how fast time is flying by.

That’s why I’m a big fan of taking larger expected expenses into consideration at the beginning of the year, and estimating when…

5 Steps to Get Your Finances Started

Everything You Need to Get Started

I just covered an entire lifetime in one article, so you may have a few questions. I’ve put together a structured list of tools to guide you through this entire process (step by step!) if you want to take control of your finances. The best part is that it’s all free information! Isn’t the internet great? Go through these articles and you’ll have the resources…

Financial Knowledge for Millennials

Yesterday I was able to help a friend with their finances. He is 22 years old and was living paycheck to paycheck. He knew savings was important but wasn’t quite sure how to get out of the cycle (and the $4,000 of credit card debt).

Your mindset and attitude have everything to do with it

He knew it was time to start getting in control of his finances. He just needed someone to help. And of…

Money Moments of the Week

The College Investor’s 3 Ways to Trick Yourself into Saving Money helps guide you through some of the psychology of money.

Frugal Rule’s 4 Tricks to Having an Affordable Wedding breaks down easy decisions you can make that will make a financial impact on your big day. If you know that maybe, for example, music is not that important to you, you can use an alternative.

Money Mini Blog’s Why I…

6 Old Things in Your House That Have Serious Re-Sale Value

  It’s spring cleaning season. But before you toss your old stuff on the curb or schlep it to the donation center, consider selling it for extra cash. These days, there are a number of places you can sell your things online and in-person, and all it takes is some time and effort. You’d be surprised at the resale value some of your old “junk” holds. So, let’s take a look!

1. Furniture

If you…