She’s Good

...with money

How a lack of boundaries is digging Millenials and Gen Zers into debt..

Why is everyone in tech getting laid off?.

Companies are losing the ‘return to office’ wars

Do you have money dysmorphia?

Why more refunds are turning into overdue balances this tax season.

Tax season has arrived! Here’s how to file for free.

We Don’t Do budgets, We Do Spending Plans

And yes, you do need a plan for those dollars. If you’ve ever found yourself doomscrolling the TikTok Shop, or heading to Target to pass time, you know the dangers of impulsive spending. But overspending isn’t the only reason you need to build up your savings. Tons of women who have experienced abuse from an intimate partner admit they stayed a little longer (sometimes years longer) because they could not afford to leave. Enter the F**k You Fund that, hopefully, never have to use.

But how do I start saving?

You start with a strategy that works for you. My personal fave is the 50/30/20 method. Here’s how it works: half of each paycheck goes toward bills, twenty percent goes into your savings account, and the remaining thirty percent goes to your wants. So, yes, you can afford to go grab that new perfume you want to try or those viral TikTok Shop headphones. Bonus points if you can put your money into a High Yield Savings account, that way you get a good return on that twenty percent you’re setting aside.

Does saving have to be this hard?

Nope, we can simplify it with an app if a notebook sounds too time consuming. My favorite app is YNAB. FYI, it does come with a fee, but, based on my experience, the fee is well worth it. The app syncs to your bank account, allows you to create categories and a detailed spending plan for each dollar.

Prefer a free option? Notion has budget templates, but, I’ll be honest it’s definitely time consuming because you’ll have to do some leg work. My opinion: Opt for an old-fashioned journal instead.

P.S. None of this is sponsored. Happy Spending!

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