By Lorna Martinez Magill When women are in their 50's they may find themselves at a crossroads in their lives. Many of us are approaching retirement, caring for aging parents, and dealing with the costs of educating our children. It's crucial for women at this stage to take a comprehensive look at their finances and make sure they are on track to meet their goals and to make yourself a priority....
By Marianne Clyde No one likes to feel trapped, confined, stuck without choices. Think for a minute how that feels. We've probably all felt that way one time or another. Or many times. Perhaps you are feeling that way now: in an unsatisfying relationship; in a dead end job; financially with more bills at the end of the month than money. Did you know that you actually have control of all that? If...
by Marianne Clyde We were sitting at a gorgeous resort chatting about how productive she is being. It's amazing really. She trains women and coaches women in her field how to run their various projects a a business. She has several businesses going at the same time. Businesses with purpose. Businesses that make the world a better place in so many different ways. People admire her. She gets stuff...
by Marianne Clyde I was at a store the other day and as I was paying, the checkout guy said, “Cha-ching. It goes fast, doesn’t it?” I replied, “It’s just an investment and it comes back 100 times.” He just smiled. So for the last few days I’ve been thinking about spending money, using money, the role of money and the value of money. In a recent blog Are You Asking or Apologizing I touched on our...
by Marianne Clyde It breaks my heart to watch people who really want to make the world a better place and yet they are still living in a poverty mentality. Somehow society has convinced them that making money, asking for money and spending money is somehow evil. No WONDER so many people have trouble raising money. You need money to build a school but you approach people timidly with your hat in...
By Lorna Martinez Magill If you've been in a long-term relationship, you may have fallen into certain patterns of financial management, with one person typically handling the bulk of the financial obligations. If you are anything like me and my spouse, one of you is the "money" person and the other takes a bit of a back seat. As you approach or enter your golden years, it's important to have...
by Laura Nash, CFP Going through a divorce during COVID was not easy. There was a lot to disentangle, especially finances, after being married so many years. Like many people, my number one concern was having a positive cash flow, not only after the divorce but 5, 10 or 20 years in the future. Would I have enough to live on? Do I want the house and, if not, where will I live and what will it...
By Lorna Martinez Magill Estate planning is an important process that helps ensure that your assets and property are distributed according to your wishes after you pass away. For women, it is especially important to have a comprehensive estate plan in place, as women tend to live longer than men and may need to consider different factors. If you are a 50-year-old woman, here are some key...
By Lorna Martinez Magill Finances, Finances, Finances, this is not an exciting topic, but it is very necessary to understand your full financial situation. If you are anything like me, you can find many, many other ways to occupy your time but it’s in your best interest to stop procrastinating and understand where you are financially! When we are in our 50’s, many of us find ourselves at a...
