By: Kara Stevens
These days investors are looking for the best place to park their cash. They want to invest in relatively safe investments or just find the best current CD rates. If you are planning to save your money with a certificate of deposit, here are the pros and cons. What is a Certificate of Deposit? A
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By: Kara Stevens
Financial gurus like Dave Ramsey, Suze Orman and Sakina Spruell teach key finance knowledge. They’ve been known to recommend 6 months of savings before beginning to invest so you can become a financial success. Their reasoning is that if you have an emergency or unexpected event, you should be able to live off of your emergency fund for
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By: Kara Stevens
I have great news, Frugal Feministas!! Our team is growing. I am excited to announce that Dr. Maria James, Money Scientist and founder of Pocket of Money will be regularly contributing to deepening your financial acumen! Consider this intro a “microintro.” Be on the watch for a bigger intro in one of our upcoming newsletters.
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By: Kara Stevens
How many of you have opened up your fridge and just stared at the food that had gone bad? Maybe you saw sweet potatoes with mold and spinach that had turned into liquid. Sounds pretty disgusting, right? Well that is what happens when buy too much food at the grocery store and then it just sits and
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By: Kara Stevens
Earlier this year, I had been craving a new iPhone, but I decided against the investment. I remember looking down at my iPhone 4 smiling, as I thought about the marketing genius in convincing people to purchase a new phone every year. Many people around the world upgrade their phones every 1-2 years. Each upgrade
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By: Kara Stevens
After the infamous DC trip, where I discovered some reluctance to share finances with my husband, we thought it would be a good idea to begin the process of merging our finances. Prior to agreeing to establish joint savings and checking accounts, we had paid everything separately. As the techie in the family (he thinks I
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By: Kara Stevens
A friend of mine who recently got engaged called to catch up earlier today. Naturally, I asked her how the wedding planning was coming along. She laughed it off lightly and said ‘It’s not!’. She hadn’t made much progress in planning for her nuptials and confided that she didn’t foresee much more in the way
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By: Kara Stevens
Picture this… You’re walking through the store, and you see the perfect sweater. Immediately, your mouth starts to water a little, and you get that impulsive, “I gotta have it NOW” feeling. Think about how hard it is to walk away from a situation like that. The difficulty in walking away is even harder if
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By: Kara Stevens
by Vanessa Gary No lie, I started off every morning the same way for the last seven years: I stopped by McDonald’s, ordered an Egg McMuffin with Cheese, and made sure I got my Sweet Tea (extra ice). I did not think about my health or how much grease and sugar I was taking in
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By: Kara Stevens
Recently a friend told me that the parking tickets in Detroit went up from $20 per infraction for an expired meter ($10 if you paid it within a week) to $45 with no pay by date discount. That really caught my attention. You see, I was that person who conducted a cost benefit of risking
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