by Michele Cagan | Jul 5, 2017 | Retirement Planning, Saving and Investing, Single Mom CPA
It can be really hard for single moms to save money – let alone saving up $30,000. But saving $1 – that you can do. And that’s really all you need to do to end up with $30,000. Because you can turn that $1 into $30,000 without breaking a sweat, without depriving your...
by Michele Cagan | Jun 12, 2017 | Making Ends Meet, Saving and Investing, Single Mom CPA
Why Single Moms NEED emergency savings You already know part of my unfortunate last week (sick kid, sick me, hot water heater snafu). But that’s not where the “oh, no” ended. It’s so crazy, it almost sounds made up…but this all really happened. My son was still...
by Michele Cagan | Jun 7, 2017 | Managing Debt, Personal Finance, Retirement Planning, Saving and Investing
Tropical beaches…tennis and golf…sailing on crystal blue waters…exotic travels… Whatever you dream about when you think of retirement, the reality could end up being much different, and much more stark, unless you take steps to bolster your nest egg right now. By...
by Michele Cagan | Jun 2, 2017 | Building a Nest, Retirement Planning, Saving and Investing, Single Mom CPA
Here’s what most single moms don’t know about investment risk… It’s just as risky not to invest. Not investing poses it’s own set of financial risks, including the chance that your savings won’t be able to keep pace with inflation, and that your money will...
by Michele Cagan | May 21, 2017 | Personal Finance, Retirement Planning, Saving and Investing
When people talk about the stock market, they’re usually actually talking about a stock market index. You hear about them on the news all the time: “The Dow was up 6 today.” “Today brought increases to the S&P 500 and the Nasdaq.” All three of those are stock...
by Michele Cagan | May 21, 2017 | Personal Finance, Retirement Planning, Saving and Investing
Building your personal wealth begins with knowing your net worth. This value is the cornerstone of everyone’s financial life, but many of us don’t keep track of it, or even know how calculate it. And that’s a shame. Because by knowing this number, you’ll be able to...