Student loan repayments are starting back next month for most borrowers. In this episode we discuss how to pay your student loans and contribute to your retirement. Remember to contact your lenders to adjust the repayment amount if necessary. and investigate various repayment options.    

Learn more about identifying your future self in Episode 118 

Why should you name your future/retired self?

Ms. Black, the h...

31% of investors would be comfortable putting AI' s financial advice  into practice without verifying it first, according to CFP Board survey. 

These Women Tried to Warn Us About AI : Today the risks of artificial intelligence are clear — but the warning signs have been there all along BY LORENA O'NEIL

https://www.rollingstone.com/culture/culture-features/women-warnings-ai-danger-risk-before-chatgpt-123480436...

Steps to end the  Paycheck to Paycheck cycle

• Increase your salary ( overtime, side hustle, new job/position) 
• Track your spending and create a budget aligned with your financial goals 
• Make spending adjustments where you can Pay yourself first (retirement accounts emergency savings) 
• Get accountability partners

Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns t...

Saving comes naturally to some be can be a challenge for others. Saving alone will not make you rich however is the first in step in building wealth and becoming financially independent.  

Here are behavioral

• Set savings amount  in advance of windfalls (tax returns, raises, monetary gifts)  
• Leverage transitions ( birthdays, seasons, new moons) 
• Manage your small purchases ( "Small leaks, sink great ships" ) 

August is Make A Will Month - 67% of American don't have a will 

Here are 3 reasons to make a will: 

1. It's a legal document that everyone should have 
2. It provides peace of mind to you and your family
3. It allows you to create a legacy that last beyond your lifetime 

Make your free at FreeWill
https://www.freewill.com/compassionandchoices

Ms. Black, the host of Staying in the Black, is a single mom...

All the tools you need to improve your online safety.

https://securityplanner.consumerreports.org/recommendations 

1Password Is the Best Password Manager in Consumer Reports' New Ratings

We evaluated 11 services for digital security, privacy, and ease of use

By Yael Grauer (Updated September 28, 2021)

https://www.consumerreports.org/electronics-computers/password-managers/best-password-managers-revi...

• Use strong, unique passwords 
• Don’t discount security questions 
• Enable multi-factor authentication (MFA) Practice safe browsing 
• Beware of phishing, smishing attempts 
• Always assume public Wi-Fi is not secure 
• Set up automatic software updates 
• Install browser security add-ons 
• Make the most of your bank’s security features 
• Make diligent peer-to-peer payments 
• Safeguard your financial records 
• Know how your bank might reach you 
• Le...

In this episode Ms. Black shares her retirement journey with the Staying in the Black Podcast.
 
Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.


Learn more ab...

In this episode Ms. Black shares her entrepreneurial journey with the Staying in the Black Podcast.

Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.


Learn mor...

This episode is a Book Review :It's Not About the Money: A Financial Game Plan for Staying Safe, Sane, and Calm in Any Economy by Brent Kessel

 This book provides a framework that helps you identify your money archetypes and action steps that you can take that are aligned to that archetype. The book acknowledges that your prevailing archetypes change and how to address those changes.

I recommend that you star...

Compound Interest Calculator 

30- Years Investment Results (New Teacher 9/2023  NYC Public Schools 61,070) 

S&P 500 30 year average return (10%)

Percent   | Monthly          |Annual Rate  | 30- Year
Invested | contribution |of Return (%)| Total
15                | $763                 | 10                        |$1.52 million
10                | $509                 | 10                        | $1 million
5   ...

New York City Public School and the United Federation of Teachers have a tentative contract agreement.  Learn about the  bonuses, percentages,  and dates. This episode will help you intentional plan what to do with your 1 year retro, $3000 ratification bonus, and annual bonus.

Contract 2023:  Pay Increases
url: https://www.uft.org/your-rights/contracts/contract-2023/contract-2023-pay-increases

For more on the...

Federal Trade Commission Shopping for a Mortgage FAQs 
Url:  https://consumer.ftc.gov/articles/shopping-mortgage-faqs 

The following documents are essential when shopping for a mortgage:  

• Bank statements from the last three months show your monthly income and ability to make a down payment and subsequent mortgage payments. 
• Pay stubs from your employer demonstrate consistent income sufficient to pay a mortgage. 
• Personal ident...

Overspending can happen for different reasons, such as: 

• You might spend to make yourself feel better. Some people describe this as feeling like a temporary high. 
• If you experience symptoms like mania or hypomania, you might spend more money or make impulsive financial decisions. 
• You might have an addiction or dependency which makes you spend money. For example, if you are addicted to gambling. 

Here are some tips that ...

May is Mental Health awareness month 

Questions to ask yourself to recognize spending patterns 

• How do you feel when you make a purchase? 
• What feelings do you experience when you need to make a big purchase? 
• Are there moments in time where you’re more likely to spend money? 
• Are there moments in time where you’re less likely to spend money? 
• How comfortable do you feel talking about money? 
• How often do you check your bank...

1. Salary. What is the total salary? 
2. Leave. What's the vacation and sickness allowance? 
3. Health Saving Account contributions. What are the premiums? Is dental and ophthalmic cover included? When will you be eligible? 
4. Stock. What stock options are available? Are stock units given as part of a bonus or do you have to be working at the organization for a certain length of time before you are eligible? 
5. Tuition reimbursement. Will ...

Think/write about your future self through the five senses: 

• What will your future self sound like? 
• What will your future self look like?
• What will your future self  feel like?  
• What will your future self taste like?
• What will you future self  smell like? 

Addtional reflection questions: 

•  What are you doing? 
• Who are you doing it with? 
• Where are you living? 
• Why are you doing these things and with these people? 

Is FaceA...