“Don’t you have a daddy?” the professor sitting across from me asked. I smiled a little. Was he was joking? Or hitting on me? Nope, he was serious and thought my father was paying for my legal education. Though I’ve been independent for years, my law school’s financial aid office had a similar attitude, telling… More »
When I was 27, I finally took my head out of the sand and did what I had been dreading for months. I added up the balances of my credit cards and discovered that they had skyrocketed to over $15,000! By looking at the statements separately, I had tricked myself into believing my debt was… More »
In the latest episode of “Therapy For Your Pocketbook,” Diane, an entrepreneur, splurges a bit on her new business, but — $200 for a cappuccino maker?! Finance Expert Manisha Thakor suggests a formula when buying: break down your yearly income into an hourly wage to determine how much “time” each purchase will cost you. More »
Buying your first home can be a terrifying experience that may transform you from a financially stable go-getter to a jittery, nervous wreck.
I remember lying awake, staring at the ceiling the night before our closing. I pondered the longevity of this decision. How could I sign a 30-year financial commitment when I… More »
If you’re anything like me, when someone brings up retirement savings, investing, or your 401(k) match at a cocktail party, your eyes immediately glaze over and all you hear is the “wonk wonk” of the adults from a Charlie Brown special. Inside my head is the flashing red light and loud voice signaling “Danger. Danger. More »
When I began dating my now husband, I already had a little girl from a previous relationship. In order to get serious with me, he had to adjust to the idea of late-night dinners at restaurants to takeout scheduled around bedtime. Luckily, he did so beautifully and won both my and my daughter’s hearts.
… More »
In the latest episode of Therapy For Your Pocketbook, Connie confesses she’s been keeping her purchases in the closet and under the bed — anywhere her live-in boyfriend won’t find them. Finance Expert Manisha Thakor says it’s OK to have fun with the money you’ve earned, but when spending gets out of control it… More »
Being the queen of your own financial destiny is priceless … and can be as scary as some of Lady Gaga’s heel heights. Whether your salary is as high as a modest kitten heel or soars to stiletto altitudes, you’re only as financially healthy as your savings habits. Maybe you’re eating Ramen to make your… More »
There it is again. That once-a-month unsettling feeling. It’s not your ovulation cycle. It’s your monthly financial cycle making you nauseous. It’s that nagging feeling that accompanies the deadline for your rent check. Who’s getting rich off your rent? Are you wasting money when you should be building equity? And what the heck IS equity,… More »
J.K. Rowling was buying groceries on a welfare check until she hit pay dirt with a nerdy pre-teen wizard. Sara Blakely was a sales trainer and stand-up comic before she revolutionized the pantyhose industry with Spanx.
Almost two-thirds of the world’s approximately 1,000 billionaires are rags-to-riches stories. And even Kanye says a little… More »
Connie just moved in with her boyfriend and although he’s really nice and makes great lasagna, there’s something she’s never asked him — his number. Could his credit mess up their financial future? Finance Expert Manisha Thakor encourages her to do the “partner exchange,” even though he’s really sensitive and cried during “Wall-E.” [Therapy… More »
So you’ve just noticed the $4.99 mystery charge on your cell phone bill; and, how annoying, that “emergencies only” credit card you never use billed you $15 for your frugality? We consulted two experts to find out if these and other hidden charges are legit, and if there’s any way to avoid being nickel and… More »
One Venti latte five mornings a week. You could probably pay for your caffeine addiction with cash, but who carries around stacks of green besides strippers and Lil Wayne? Plastic is so much more convenient.
A couple coffees probably won’t send you to the poorhouse, but are you swiping the plastic for groceries? More »
Do you ever feel like you spend an inordinate amount of time standing in front of an ATM? I used to feel the exact same way. I’d take out cash in small increments, spend it on Lord knows what, run out, and then go back for more without thinking. I won’t lie—there were nights, especially… More »
I once saw an “Oprah” episode with a guy so hell-bent on reducing his monthly grocery bills that he had a practice of purchasing doubly-ply toilet paper, unrolling it and then re-rolling it into two separate rolls, thus turning 12 rolls into 24. Swear to God. Enter multiple scatological puns here. (What a cheap-ass! That’s… More »
I’m 100 percent guilty of spending without really thinking. Downsizing my expenditures really isn’t something I ponder, even though I know I should (and seriously, if I had a dollar for every time my husband told me I needed to ponder it, I likely wouldn’t need to ponder it at all). I’ve heard, though, that… More »
As soon as I was pushed out of the college womb into the harsh light of day, I discovered I had a really big problem: I was a complete financial idiot. How did I miss the memo on how to support myself as an adult? I was raised in a middle-class family where both of… More »