Wealthly

06/23/2024

Happy Sunday!

I typically share tips on Wednesdays, but this week I felt it was more fitting to share my recent blog post on a Sunday.

Giving to others, stewarding your money well, and engaging in faith-based investing are some of the best ways to blend faith and finances.

Check out my blog to learn how to incorporate your faith into your finances.

06/23/2024

Happy Sunday!

I typically share tips on Wednesdays, but this week I felt it was more fitting to share my recent blog post on a Sunday.

Giving to others, stewarding your money well, and engaging in faith-based investing are some of the best ways to blend faith and finances.

Check out my blog to learn how to incorporate your faith into your finances.

In a world where money often takes center stage, it's easy to overlook the importance of integrating faith and finances. However, what if I told you that managing your money in alignment with your faith can lead to financial prosperity and personal fulfillment? Welcome to the world of faith and fina...

04/30/2024

🎉Celebrating the Conclusion of Financial Literacy Month!

While Financial Literacy Month may be wrapping up, it's no time to put your financial plans on pause! It's still the perfect time to take stock of your finances, set some goals, and make sure you're on the right track. Even if you’re a financial pro, there's always something new to learn when it comes to managing your money. Check out my tips below!

3 Financial Wellness Tips for a Healthier Wallet:

💰 Launch a No-Spend Week: Pick one week this upcoming month for a "No-Spend Challenge," where you avoid spending money on non-essential items. Prep meals at home, enjoy free entertainment options, and find creative ways to have fun without opening your wallet. Document your journey through social media or a personal diary, highlighting your creative solutions and how the experience is reshaping your view on spending. The money saved during this week can be directed towards your savings or invested in a financial goal. It's a great way to realize how much we spend on unnecessary things and how fulfilling simple pleasures can be.

📖 Invest in Your Knowledge: Financial literacy is not only about saving money; it's also about making your money work for you. Dedicate this upcoming month to learning one new thing about investing. It could be understanding the basics of the stock market, exploring mutual funds, or researching cryptocurrencies. Make it enjoyable by joining online forums, attending webinars, or forming a small study group with friends interested in investing. Apply this knowledge by either simulating an investment (there are apps and online platforms for this) or making a small, real investment if you're ready. This hands-on approach makes learning impactful and fun, turning complex concepts into practical actions.

🏋️ Tackle a Financial Fitness Challenge: This Spring is all about getting financially fit! Think of your finances like your body — you wouldn't go for a marathon without training, would you? This upcoming month, challenge yourself to a financial fitness routine. Here's a fun idea: Dedicate 10 minutes each day to a different money task. On Monday, tackle those pesky receipts and categorize your spending. Tuesday? Dive into your bank statements and identify hidden subscription fees you can ditch. Wednesday? Dust off your savings goals and see if you need to adjust anything. Keep it up all month and watch your financial fitness soar!

Cheering you on,
LaToya

01/18/2024

💲💲💲

Accredited Investor Status: Is It Your Path to Wealth?

If you’re familiar with the term “accredited investor,” you might link it with wealth and status, given that a certain degree of financial sophistication is needed to attain this status. However, being an accredited investor isn’t tied to traditional notions of prestige; it’s primarily a matter of meeting specific financial requirements.

With that said, is pursuing accredited investor status a worthwhile endeavor? What are the advantages it offers, and should the average investor consider adding it to their list of financial goals?

Read more below and let me know your thoughts…

It’s hard to dispute the excitement that comes with reaching financial milestones. From building a fully funded emergency fund and attaining a positive net worth to maxing out your retirement account for the first time and making the leap into homeownership — these are all moments to raise a gla...

01/10/2024

Happy New Year FB Fam! It's !

I hope you’re as excited as I am to start this new year! Though our motivation to make progress toward our goals isn’t confined to a calendar, there’s a sense of purpose and anticipation that accompanies the beginning of a new year.

This year my goal is to share more tips on investing. 📈

One thing I’m particularly excited about this year is to engage more with ethical and sustainable investments so I can align my financial goals with my core values and principles. This type of investing is gaining momentum and becoming more attainable and if it’s something you’re interested in, I want you to feel empowered and educated.

Happy New Year, ${contact.Name.First}! I hope you’re as excited as I am to start this new year! Though our motivation to make progress toward our goals isn’t confined to a calendar, there’s a sense of purpose and anticipation that accompanies the beginning of a new year. One thing I’m partic...

11/15/2023

It's ! 🎉

And I have a question for you...

Can you think of the most generous person you know? Maybe it’s a celebrity, neighbor, coworker, or maybe it’s even your spouse. Think about what makes them generous and the values that seem to be driving their generosity.

As we approach Thanksgiving next week, it’s natural for us to start thinking about giving back to others and sharing the many provisions we’ve been given. In my time as a Personal Finance Coach, I’ve discovered many hidden financial benefits of generosity and in the spirit of giving, I’d like to share them with you!

Read below to discover 4 ways generosity can affect your finances. 💚

Happy Friday, ${contact.Name.First}! Can you think of the most generous person you know? Maybe it’s a celebrity, neighbor, coworker, or maybe it’s even your spouse. Think about what makes them generous and the values that seem to be driving their generosity. As we approach Thanksgiving, it’s n...

01/26/2023

: 5 Helpful Tips to Reach Your Financial Goals in 2023!

The best place to start is to reflect on how things worked in the past. There’s so much we can learn from looking back on the previous year and reflecting on what worked and what didn’t.

For instance, perhaps you steered clear of the bargain section at your favorite store, but inflation still increased your budget in ways you couldn’t control. Reflecting on this helps you to realize that your increasing budget isn’t actually due to spending decisions you made. (In fact, you made good progress!) So next year, you can take a different approach to keep your budget in check.

Continue reading...

Part of setting and reaching your financial goals isn’t just about deciding what they should be and how to get there. Some tools and habits can make reaching your goals much easier. Try to incorporate these 5 habits into your goal-setting process and reap the rewards of your diligence.

11/01/2022

🎃 The 3 Scariest Money Mistakes I’ve Seen and How to Avoid Them!

Making mistakes in life is inevitable and sometimes we learn the most after making a mistake. However, if we can avoid making some crucial mistakes, particularly financial ones, we will be much better off.

Finances are highly personal and I’ve seen common problematic themes arise throughout my time as a Personal Finance Coach. These themes include living without a financial plan, not being financially educated, and having investment portfolios without any diversification.

My goal is to help you avoid these common mistakes so you can live your best life and reach your financial goals.

Mistake #1: Living Without A Financial Plan

Mistake #2: Not Being Financially Educated

Mistake #3: Not Diversifying Your Investment Portfolio

To read more, click here: https://www.wealthlyliving.com/post/the-3-scariest-money-mistakes-i-see-and-how-to-avoid-them

Happy Halloween 👻!

10/19/2022

Did you know Latina women still only earn 55 cents on the dollar compared to white men?

In honor of Hispanic and Latinx Heritage Month (that recently ended on 10/15), I wanted to draw attention to the fact that we are still very behind in achieving pay equity in this country and it is women — specifically, women of color — who are paying for it.

While entrepreneurship boomed during the pandemic, the number of Latina entrepreneurs actually dropped? Not only are Latinas starting fewer businesses, but there are also 1 million fewer Latina women in the workforce than there were pre-pandemic. There’s a lot of work to be done to get where we need to be!

How did you celebrate Latinx Heritage Month?

07/27/2022

It's !

When was the last time you looked at your savings account?

If that question makes you shudder, panic, or flush with shame, you’re not alone. The Federal Reserve found that 36% of Americans can’t pay for a $400 emergency, but saving is necessary.

You never know when an emergency will happen. You want to be able to take a big vacation and of course, one day you’ll need to retire.

If you’re like a lot of people, the idea of “saving” doesn’t exactly excite you. In fact, it sounds like a chore. After all, who wants to feel deprived all the time?

I’m here to tell you saving doesn’t have to be a drag. Read on for some of my favorite realistic ways to save money without sacrificing your lifestyle.

When was the last time you looked at your savings account? If that question makes you shudder, panic, or flush with shame, you’re not alone. The Federal Reserve found that 36% of Americans can’t pay for a $400 emergency. But saving is necessary. You never know when an emergency will happen. You ...