On Happy Equal Pay Day!

The 77 cent figure is thrown around with way too much abandon. A better estimate, based on similar hours worked and similar professions, is that women earn 91 cents for every dollar men earn in similar professions. Not perfect, obviously, but pretty darn close. The 77 cent figure doesn’t take into account factors like women going into lower-paying fields or taking time off for childcare. (I can’t find the resources, but there’s research that single, childless women make 96 cents for every dollar earned by the male peers. Again, not perfect, but a much less scary statistic than 77%). Here’s some good info: http://www.stanford.edu/group/scspi/_media/pdf/key_issues/gender_research.pdf

Posted on April 8, 2014 at 3:58 pm 1

On Fronting

@Lily Bart Love the screen name!

Posted on April 2, 2014 at 2:28 pm 0

On Let’s Throw Some Money at Our Problems: March 2014 Check-in

My goal right now is to invest 25% of my income. I have a Roth IRA, so part of the investing happens there, and the rest is in a taxable investment account. I had some extra income this month (yay, side gigs!), and I invested some money that was in a savings account. So I'm actually not sure how much of my income I invested! But I know that it was at least 25%, so I'm happy with the progress this month. Balance of the taxable investment account is $8302 (I've been putting money in this account since December 2013, so this balance is not just contributions from March).

Posted on April 1, 2014 at 10:56 am 0

On Figuring Out Finances After a Divorce

The $1,900 per month is non-taxable child support. Not a huge amount, but very valuable, especially considering that her housing costs are pretty low. And she really should have gotten a lawyers - California is a community property state, and determining whether property is community property (divided 50/50) is an important part of the settlement.

Posted on March 17, 2014 at 4:21 pm 0

On The Cost of a Haircut in Various Cities, According to Square

A friend was telling me about her cut and color and how pleased she was with the price...the same price that I pay just for a cut (my cut and color is about 3x what she paid). Oh well. I'm with Mike - I stick with my stylist because he knows my hair, and I've never had a bad experience with him in more than 5 years.

Posted on March 3, 2014 at 10:46 am 0

On We All Should Have Easier Access to Our Credit Scores

I get mine every year when I file my taxes - cost me $5 this year (Experian - I try to use a different reporting agency each time).

Posted on February 28, 2014 at 1:30 pm 0

On Let’s Throw Some Money at Our Problems: February 2014 Check-In

@ThatJenn I went to Silver Springs when I was a teenager because I was obsessed with Stevie Nicks (still am, actually). I loved the glass-bottom boat tours.

Posted on February 28, 2014 at 9:57 am 0

On Let’s Throw Some Money at Our Problems: February 2014 Check-In

I've been without a goal to report! I finished paying off debt in 2012. I finished funding an emergency fund in 2013. In 2014, I was a bit at loose ends - what do I make a financial priority now? I've saved for retirement through the whole thing, and that's not going to change. I've continued to save 30% of my gross income. Yay. But I wasn't really sure where to direct that 30% (and I'm still not sure). I read an article from afford anything (http://tinyurl.com/m23qrtv) recently that really hit home for me. The thing that has always bugged me about savings is how to define "savings." I save 5% of my income for short-term expenses like insurance, car repairs, travel, and so forth. Most of that money gets spent within a year of saving it. The article showed me that what really matters is my rate of investing. So my goal is to invest 25% of my income every month. This will boost my overall savings rate to 32% (2% to emergency fund, 5% to those annual expenses). The 25% for investment includes retirement investing (in a Roth IRA). I'm still shifting some money around, so I definitely didn't get to this goal in February - I put most of my savings in a money market account this month but I've set up the automatic investment in an index fund March! Yay for cost dollar averaging and taking the guessing game out of when to invest!

Posted on February 28, 2014 at 9:20 am 0

On Selling Girl Scout Cookies Where People Get the 'Munchies'

Aldi's sells a cookie that tastes just like a samoa. So now I can have them year round!

Posted on February 24, 2014 at 5:16 pm 0

On Interview With a Person Who Paid Off $48,000 in Student Loans in Four Years

@EDaily If her mother hadn't paid, the author would have paid off her debt in 5(ish) years instead of 4. The point is that 2 adults lived on 25K a year - they sacrificed a lot of stuff (big and small) to live that way.

Posted on February 19, 2014 at 1:27 pm 0