3 Strategies to Conquering Law School Debt

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3 Strategies to Conquering Law School Debt

Let’s talk about the rollercoaster of paying off those hefty law school student loans. Picture this: You’ve just donned that cap and gown, and now you’re ready to conquer the world. But wait, there’s that massive student loan debt lurking like a shadow. The pressure to wipe it out ASAP can be overwhelming, right? It’s like having a ticking clock constantly reminding you to act fast and strategize. You might feel a pinch of anxiety and stress, especially when that debt amount is towering over $100,000.

But here’s the thing – channeling that urgency into a solid plan can be your secret weapon. Imagine crafting a financial strategy that’s as precise as your best courtroom argument. This isn’t just about numbers; it’s about reclaiming control and reducing stress. Using tools like income-driven repayment plans and loan forgiveness programs can be a game-changer, helping you navigate this complex terrain with finesse.

Let’s dive into some effective strategies for repaying those law school student loans:

1. Forgiveness Programs

If you’re eyeing loan forgiveness, your mission is simple: pay as little as possible to maximize the amount forgiven. But watch out—under certain programs, the forgiven amount might be treated as taxable income, potentially leading to a hefty tax bill. Thankfully, there’s precedent for waiving federal income tax on forgiven amounts (as of July 2024).

Remember, forgiveness programs are exclusively for federal loans and come with a laundry list of requirements. There are two main types of forgiveness: Public Service Loan Forgiveness (PSLF), which is tax-free, and the Attorney Student Loan Repayment Program (ASLRP), which may be taxable. So, dot your I’s, cross your T’s, and keep immaculate records to ensure you qualify. If you can have hundreds of thousands of dollars in loans forgiven while doing work that you’re passionate about, that’s an amazing opportunity!

Best for: Borrowers who work in public service or non-profit sectors and have a significant student debt load. This strategy is great for those committed to a public service career whose total debt exceeds their annual income.

2. Refinancing

Refinancing to a lower interest rate while making more than the minimum payments can be a game-changer. With many federal student loans sporting sky-high interest rates, refinancing could save you thousands of dollars and save years off your repayment timeline.

But beware! Refinancing federal loans is like entering a no-return zone. You’ll bid farewell to benefits like forbearance, deferment, income-driven repayment plans, and that sweet Public Service Loan Forgiveness. So, before you make this irreversible decision, chat with a financial professional.

Best for: Borrowers with good credit and high income who want to pay off their loans quickly and save on interest. This strategy is great for those whose total debt is less than their annual income.

3. Repay Your Way: Income-Driven Repayment Plans

Opting for income-driven repayment plans can be a lifesaver if your future career path is uncertain or if your budget can’t handle aggressive repayments right now. These plans tailor your monthly payments to your income and family size, ensuring you never pay more than you can afford. Plus, after 20-25 years of qualifying payments, any remaining loan balance can even be forgiven—yes, forgiven!

To maximize the benefits, combine income-driven repayment plans with a solid financial plan. This will help you manage your expenses, save for the future, and ensure you live the lifestyle you need.

Best for: Borrowers with low or fluctuating incomes who need manageable monthly payments. This strategy is great for those looking to maintain financial flexibility while working towards debt freedom.

Conquering Law School Debt: Your Path to Financial Freedom

Over 44 million Americans are shouldering more than $1.5 trillion in student loans. For lawyers and attorneys, tackling high mountains of debt can feel like a never-ending battle. But here’s the silver lining: with the right strategies, you can knock out your law school loans without sacrificing your retirement dreams or the lifestyle you deserve!

At ATL Global Advisors we’ve helped countless professionals like you navigate their student loans and achieve financial stability. Reach out for a complimentary consultation to discuss your unique situation. Also, feel free to ask any questions below—our experienced advisors are here to guide you every step of the way.

Morgan Marlin, CRPS® WMCP®

Morgan Marlin, CRPS® WMCP®

Director Of Financial Planning and Investment Advisor Representative at ATL Global Advisors

Preparing for that next step in life isn’t always easy. My combination of experience, professionalism and access to a wide variety of products and services can help you pursue your financial goals, estate strategies and insurance needs.

Whether your goals include preparing for milestone life events like retirement or college, or whether you’re simply looking for life, disability income or long-term care insurance protection, I promise you a new level of attention, insight and capability. Contact me to discuss your financial future.

What to do when turning 65

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Preparing for the Big 6-5: My Journey to 65

Turning 65 is a significant milestone, and I’ve been diligently preparing to make this transition as smooth and informed as possible. Here’s a detailed look into my journey and the steps I took to ensure I’m ready for this exciting new chapter.

Medicare Check-Up: Ensuring Health Coverage

One of the first steps I took was meeting with a Medicare specialist. Although I am still covered under my husband’s insurance, I wanted to double-check if I needed to do anything regarding Medicare. This step was crucial because navigating healthcare can be complex, and I didn’t want to miss any important deadlines or requirements.

The meeting was insightful. The specialist explained the different parts of Medicare – Part A, Part B, Part C, and Part D – and how they might intersect with my current insurance. We discussed scenarios where I might need additional coverage and the penalties for late enrollment. It was reassuring to have a clear understanding of my options and know that, for now, I’m adequately covered but ready to transition when the time comes.

Build a Team: Need a Medicare Specialist?  Find one Here

Social Security Snapshot: Understanding Benefits

Next on my list was to download my Social Security statements. These documents provide a comprehensive overview of my earnings history and projected benefits. It’s fascinating to see how decades of work translate into future benefits.

Even though I am still working and do not plan to take Social Security at this time, it was important to know my options. The statements helped me understand how my benefits will increase each year I delay taking them, which reinforced my decision to wait. This information is empowering because it allows me to plan more effectively for the future and maximize my benefits.

Financial Advisor Consult: Strategic Planning

As part of my routine financial check-up, I met with my financial advisor, something I do every six months. This meeting was particularly important as we reviewed my Social Security statements together. My advisor helped clarify some of the more intricate details and ensured that I am on track with my retirement goals.

We also discussed my pension benefit. Having a pension is a wonderful asset, but deciding how and when to take it requires careful consideration. My advisor and I explored various scenarios, factoring in my current financial needs, projected expenses, and long-term goals. Together, we devised a strategy that aligns with my overall retirement plan and ensures financial stability.

Build a Team: Need a Financial Planner?  Find one Here

Pension Preparation: Getting the Benefits Rolling

One of the more complex steps in my preparation was getting my pension benefits started. This involved meeting with a pension specialist who helped guide me through the process. We reviewed the details of my pension plan, including the payout options and tax implications.

The paperwork was extensive, and some documents needed to be notarized. While it felt a bit overwhelming at times, it was incredibly satisfying to get everything in order. Knowing that all the i’s were dotted and t’s crossed gave me peace of mind. Now, I have a monthly pension benefit coming my way, providing an additional layer of financial security. It’s a great feeling to know that my years of hard work are paying off in a tangible way.

Celebrating Milestones: Reuniting with Friends

Preparing for 65 wasn’t just about ensuring my financial and healthcare needs were met; it was also about celebrating this milestone. I reconnected with some fellow 65’ers from grade school, and we celebrated another year around the sun. These reunions are special because they remind me of the journey we’ve all been on and the shared experiences that have shaped us.

We reminisced about old times, shared stories of our families and careers, and marveled at how far we’ve come. It’s heartwarming to maintain these connections and celebrate our collective accomplishments. These friendships are a reminder that while life moves forward, the bonds we create remain strong.

Quality Family Time: Making Memories

Spending quality time with my family has always been a priority, and turning 65 was a perfect excuse to create new memories. My kiddos and I engaged in various fun activities, from putt-putt golf to enjoying fantastic dinners and playing games at home. These moments are priceless and remind me of the importance of cherishing time with loved ones.

We laughed, danced, and enjoyed each other’s company, reinforcing the bonds that keep us close. These experiences are not just about having fun but about creating a legacy of love and togetherness that will be remembered for years to come.

Embracing Adventure: Exploring New Horizons

This year, my husband and I have committed to a few exploration trips, both in the US and abroad. Travel has always been a passion of ours, and turning 65 feels like the perfect time to embrace new adventures. We’ve been planning trips that allow us to explore new cultures, enjoy breathtaking landscapes, and create unforgettable experiences.

These trips are more than just vacations; they are opportunities to learn, grow, and enrich our lives. Whether it’s exploring a new city, hiking through nature, or simply enjoying a quiet beach, each adventure adds a new chapter to our story.

Reflecting on the Journey: Lessons Learned

As I prepare to turn 65, I reflect on the journey that has brought me here. Life has been filled with lessons, some learned the hard way, but all invaluable. Here are a few that stand out:

  • Take care of yourself first, then you can be there for others. There’s no selfishness in attending to your needs. Prioritizing your physical and mental health ensures you can support and enjoy time with your loved ones.
  • Have a few great friends and be a great friend. True friendships withstand the test of time. Cherish those relationships, and always be there for your friends.
  • Spend time with the people who make you happiest. Create memories with those you love most, and let them know how much you care.
  • Keep learning. Stay curious and open to new experiences. The more you learn, the more enriching your life becomes.

Looking Ahead: Embracing the Future

Turning 65 is not an end but a new beginning. It’s a time to celebrate the past and look forward to the future with excitement and optimism. I’m grateful for the journey so far and eager for the adventures and experiences yet to come.

Here’s to celebrating 65 with confidence, joy, and a heart full of gratitude. Cheers to this milestone and to all the wonderful moments ahead!

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Credit Repair 101: Your Guide to a Brighter Financial Future

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Credit Repair 101: Your Guide to a Brighter Financial Future

Hey everyone, Sanja Noble here for Silver Crown Credit Repair!

So, you’re interested in credit repair? Here’s what you should know:

What Credit Repair Can (and Can’t) Do:

Credit repair focuses on identifying and disputing inaccurate or misleading information on your credit reports. This can significantly improve your credit score by removing negative marks that shouldn’t be there. However, credit repair cannot:

  • Erase legitimate negative information, such as late payments from several years ago (although these do have less impact over time).
  • Guarantee a specific credit score increase. The timeframe for improvement depends on the severity of credit issues and your commitment to rebuilding good credit habits.
  • Fix fundamental financial problems. Credit repair is a tool, but responsible credit management and debt management are crucial for long-term credit health.

The Credit Repair Process:

Here’s a simplified breakdown of the credit repair process:

1. Review Your Credit Reports: Obtain free copies of your reports from each major credit bureau (Equifax, Experian, and TransUnion) and meticulously examine them for errors.

2. Identify & Dispute Errors: If you find inaccurate information, dispute it directly with the credit bureau and the creditor who reported it. Silver Crown Credit Repair can guide you through the dispute process following Fair Credit Reporting Act (FCRA) guidelines.

3. Build Positive Credit History: While you’re disputing errors, focus on building positive credit history. This includes making on-time payments for all your bills, maintaining a low credit utilization ratio, and potentially utilizing a secured credit card if needed. 

DIY vs. Credit Repair Companies:

You can definitely tackle credit repair yourself. The Federal Trade Commission (FTC) website offers valuable resources and dispute templates. However, the process can be time-consuming and complex.

Credit repair companies can handle the legwork for you, but beware of scams! Legitimate companies cannot guarantee results or charge you upfront fees before doing any work. Silver Crown Credit Repair prioritizes transparency and empowers you with knowledge throughout the process. 

Considering Credit Repair? Here are some additional tips:

● Set Realistic Expectations: Credit repair takes time and effort. Be patient and celebrate your progress along the way.

● Beware of Red Flags: Avoid companies that make unrealistic promises or pressure you into signing up for services.

● Protect Your Identity: Don’t share your Social Security number or other sensitive information with anyone unless you’re absolutely sure of their legitimacy

Silver Crown Credit Repair is Here to Help!

We offer a free consultation to assess your credit situation and discuss personalized strategies to achieve your financial goals. We are committed to providing honest guidance and effective credit repair solutions.

Do you have any lingering questions about credit repair? Feel free to leave a comment below, and we’ll be happy to answer them!

This concludes our credit repair blog series! We hope this information empowers you to take control of your credit health and build a brighter financial future. Stay tuned for more personal finance and credit score tips from Silver Crown Credit Repair!

Sanja E. Noble, MBA PMP

Sanja E. Noble, MBA PMP

CEO at Silver Crown Credit Repair

Sanja E. Noble, CEO of Silver Crown Credit Repair, isn’t your typical financial advisor. Her journey began with a personal challenge – overcoming her own credit struggles. This experience ignited a passion to help others achieve financial freedom, leading her to build a thriving business grounded in education and empowerment.

With over 20 years of experience in the financial industry, Sanja’s firm, Silver Crown LLC, goes beyond just credit repair. They are financial literacy architects, guiding clients towards a brighter future. Their mission is two-fold: to rebuild credit scores and, more importantly, to equip clients with the knowledge and tools to manage their finances effectively.

Celebrating the Unsung Heroines: Remarkable Women Who are “Killing It” in Their Own Unique Ways

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Celebrating the Unsung Heroines:

Remarkable Women Who are “Killing It” in Their Own Unique Ways

As women, we’re constantly bombarded with images of the “top dogs”—Beyoncé, Taylor Swift, Simone Biles, and other household names who seem to effortlessly dominate their respective fields. It’s easy to get caught up in the hype and assume that “killing it” means reaching the highest levels of fame and success. But, my friends, there’s so much more to the story.

Look around you in your circles and communities, and you’ll find a multitude of remarkable women quietly yet powerfully making waves in their own unique ways. These are the women whose stories might not be splashed across the headlines but whose impact is no less significant.

Let’s take a moment to spotlight a few of these inspiring women and celebrate their journeys, shall we?

Candy Wolf: Transforming Grief into Strength

Candy Wolf is a true inspiration. After the unimaginable loss of her husband during a trip to Mexico, she could have easily fallen into despair. But Candy is made of steel. Instead of letting the tragedy consume her, she channeled her profound grief into writing. Her poignant memoir, “Lost and Found in Mexico,” is a testament to her courage and resilience.

Candy’s story serves as a powerful reminder that even in the face of the most unimaginable challenges, we can find the strength to transform our pain into something meaningful. Her willingness to share her harrowing experience, with the hope of helping other women navigate their own journeys, is nothing short of heroic. Candy, you are truly “killing it” in the most awe-inspiring way.

Kim Lewis: The Curly-Haired Visionary

I remember meeting Kim Lewis back in the day, when she was just starting out with her haircare company, CurlMix. She was selling box sets of products, and I could already see the fire in her eyes. Fast forward to today, and Kim is the proud owner of a multimillion-dollar business that caters to the curly-haired community with innovative, game-changing products.

But Kim’s journey isn’t just about business success; it’s also a testament to her ability to balance the demands of entrepreneurship with the joys of motherhood. Kim is a boss, running her thriving company while raising two adorable children. Her story is a reminder that we can, in fact, “have it all” – or at least find a way to make it work in our own unique way.

Gigi Verrey: Financial Advisor and Limb Difference Advocate

Gigi Verrey is a powerhouse in every sense of the word. As a sought-after financial advisor, she has built a reputation for her insightful and strategic guidance, helping countless clients achieve their financial goals. But Gigi’s talents extend far beyond the world of finance. As a food influencer, she is breaking barriers and normalizing limb differences by demonstrating how to perform everyday tasks with one hand. Her cooking tutorials are not only practical and inspiring, but they also showcase her culinary creativity and passion for delicious, accessible food.

In addition to her professional achievements, Gigi is an incredible gardener and designer. Her green thumb transformed her ordinary spaces into lush, vibrant gardens, while her design skills bring a unique and artistic touch to every project she undertakes. Through her diverse talents and relentless advocacy, Gigi is making a significant impact, proving that nothing can stand in the way of determination and creativity. She is truly “killing it,” inspiring others to embrace their differences and pursue their passions with unwavering confidence.

Violette de Ayala: The Community-Building Powerhouse

Now, let’s talk about Violette de Ayala, a true force to be reckoned with in the realm of community building. Violette was frustrated by the lack of substantial networking groups in her area. But instead of just complaining about it, she took action and founded FemCity.

What started as a small initiative has now blossomed into a thriving network of over 60 local communities across the US and Canada, with more launching every month. FemCity provides women with the abundant support, uplifting vibes, and community spirit that we often crave but struggle to find in traditional networking circles. Violette’s mission to help over a million women through her platform is both ambitious and deeply inspiring.

Violette’s story reminds us that sometimes, the most powerful way to create change is by taking matters into our own hands. She saw a need and filled it, empowering women across the country in the process. Violette, you are definitely “killing it” in the world of community building, and we’re all the better for it.

Meet Jess, Your Side-Hustle Cheerleader!

Have you met Jessica Williams? You may know her as the Tech Biz Girl! Jess has full-time employment but also creates a beautiful and informative newsletter called #jesspicks. It pairs perfectly with your Saturday morning coffee! Jess is the queen of helping women with their side hustles. She provides bite-sized and valuable information to grow your business, written from her heart, with joy, laughter, and a little bit of her own life complications thrown in. Jess is absolutely killing it by empowering women with practical advice and inspirational stories that resonate deeply. If you need help with your side hustle, Jess can help. Start here with her helpful blogs.

But that’s not all. Jess is also a full-time caregiver for her grandmother, taking on a huge responsibility. Despite the challenges, she’s absolutely killing it, balancing her professional career, side hustle, and caregiving with grace and determination. Jessica Williams is a true inspiration, proving that women can indeed have it all and thrive in every aspect of their lives.

Redefining “Killing It”

Here’s the truth: “killing it” doesn’t have to mean being a global superstar or running a multimillion-dollar company. It can be as simple as showing up for yourself, consistently, in the small ways that matter. Maybe it’s committing to a regular meditation practice or steadily increasing your financial investments. Or perhaps it’s seeking personal growth through coaching and becoming a better version of yourself for both you and the people around you.

Even navigating a difficult life transition, like a divorce, with resilience and grace is a testament to one’s strength. You’re going through a tough time, but you’re still holding it together? Girl, you are killing it!

The truth is, every day isn’t going to be beautiful, fun, and lavish. That’s just a part of the journey we call life. But even in the midst of the challenges, the women around us are “killing it” in their own unique ways. And we need to recognize that. We need to celebrate the unsung heroines whose stories may not make the headlines but whose impact is no less profound.

So, let’s take a moment to give each other a shout-out. Let’s lift each other up and acknowledge the remarkable women in our lives who are “killing it,” whether it’s in the spotlight or behind the scenes. Because when we celebrate one another, we empower ourselves. And that, my friends, is the truest form of “killing it” there is.

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Personal Finance Tips – Part I

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Personal Finance Tips – Part I 

This latest blog comes from our recent podcast episode #143: Personal Finance Part 1


Mindset & Goals

How do we get in the right mindset to tackle finances? The first question to ask yourself is what your relationship with money is and how you manage it. Are you a great saver? What are your spending habits? Do you have a lot of debt or none at all? Although thinking about money can cause anxiety and stress, it can also allow you to reassess your current financial status and make sound financial decisions going forward.

Planning is an excellent habit to have in general, but especially when it comes to money. It can relieve stress and allow you to prepare for the unexpected moments in life. Planning can also help you achieve your goals. What are your financial goals? Is it buying your dream home, saving for retirement, or having a family vacation? No matter how big or small the dream is, the outcome depends on how you manage your finances.

Whether you are starting your first job or have been working for years and are a little more settled, saving is a big part of the financial do’s and has a significant impact on the trajectory of your life. Unfortunately, saving can sometimes mean sacrifice. That doesn’t mean giving up the things you love and the hobbies you enjoy, but it does mean assessing things you could live without or don’t use enough to justify paying for them. Always remember to spend mindfully.

Personal Finance Tips

DO – Track Your Current Spending Versus Income

Tracking spending habits is a significant first step because you evaluate your financial state. This knowledge is necessary because it allows you to see if you are spending more money than you make, more than that, what you spend it on. You may learn that you have money left over, which is excellent and allows for saving or even investment opportunities, depending on the amount. This information gives you options and the potential to feel financially stable and achieve your goals.

Most people overspend, so be easy on yourself if the outcome differs from what you expect. Ignorance is bliss in many ways, and when we don’t keep track of what is going on in our accounts, we can ignore the fact that we are spending more than we make. However, this can backfire when no money is left to spend. Having the numbers in front of you can open your eyes and make you think about the needs versus the wants.

There are several ways you can lay out your expenditures. Start with your income and take out the necessary payments, such as mortgage, utilities, phone payments, car payments, loans, credit cards, etc. Then, you can work your way down to the more minor expenses, such as subscriptions, hobbies, in-store and online shopping, etc. Look at these numbers and think about what you can and can’t afford. Seeing it on paper gives you a deeper understanding of your finances and how you should spend in the future.

DO – Creating A Budget And Mindful Spending

Now that you’ve seen what you’ve been spending, it’s time to create your budget. Your budget will begin with your necessities, meaning your rent/mortgage, utilities, loans, credit cards, etc. After the must-haves, a good practice is to make room for savings, which can also be used as an emergency fund. This should be about six months to a year of your expenses to help if anything unexpected happens or allow you to have savings for something you want.

After you have put some money in savings, look at what is left and allow yourself some fun money. This could be for your morning coffee, a Netflix subscription, or a new outfit. The climate we are in today doesn’t exactly lend itself to fun money, but remember to give yourself some grace because you are not alone living without a nest egg and living paycheck to paycheck. Suppose all you can pay for is the basics; that’s okay. Also, remember that any savings are good, and there are many ways to get creative when saving money.

DO – Create A Plan To Pay Off Debt

While debt is not a favorite topic among anyone, it is necessary. There are various styles of debt; sometimes, it can be an obligatory debt such as a school loan or a medical expense. However, some debt, such as the newest technology or the best car, is optional. These purchases are fun at the time but will ultimately add to a lot of debt and stress in the long run if you can’t afford it. However, setting goals and having a savings plan can allow you to purchase those things later without losing all your money at once.

Credit card debt is another type of debt that holds so much power over individuals. It can get out of control so fast that you’re thousands of dollars in debt by the time you get ready to pay it off. A good rule of thumb is always paying the credit card with the highest interest first. If you have multiple credit cards, you can make the minimum payment on the ones with the lowest interest rates and still make good headway.

If paying your debt feels like you are digging an endless hole, try researching consolidation companies that can help make it easier to control and faster to pay off. Always study and verify that you are using a legitimate company with the lowest interest rates possible.

Using credit cards responsibly can be a great way to build and raise credit, but that is a lesson in self-control and responsibility. It is all a learning process and can be done the right way. Learning how to handle our money and even our debt is always possible.

DO – Save For Retirement

Although it is difficult for individuals to save for retirement in our current economy, it is a task with a considerable payoff if you can make it happen. We must encourage our youth to save for retirement right after graduating college. That money can build over time if you steadily add to a retirement fund.

Retirement funds are what we will rely on as our sole income after working. It may be frustrating to put your money in that account rather than buying something you want now, but sacrificing a little comfort now to be comfortable in our later years will be worth it. We all strive to enjoy life, and a good retirement plan can make that happen, so work now and play later.

Take advantage of benefits that your company offers, such as a 401k. Even adding a small amount of money out of each paycheck can make a huge difference. A pension plan may also be offered through your employer. If your work does not provide those benefits, you can start an IRA so that money is safe and not a risk for spending. Vanguard and Fidelity are just a few companies we recommend looking into to invest your money without paying high fees.

There are many important skills and characteristics needed to succeed in the business world. Building mental toughness in business requires developing tenacity and grit, which are essential for overcoming challenges and achieving success.

Jaime Staley

Jaime Staley

Partner at PJS & Co. CPAs

As a female owned business, which is fueled by women,  we support women as they look to start, build or sell a business.  We support women so that they can gain the confidence in their business financials to make their dreams come true.

Jaime loves working with her clients and has found that she has the ability to help them achieve success. Jaime uses industry benchmarks to ensure her clients are operating within normal ranges. She works to develop strategies while looking at the business from a holistic approach (considering cash flow, budgeting, tax savings strategies, etc.) to enable her clients to reach both personal and professional goals. She loves creating meaningful reports and leveraging their financials to help them make better business decisions.

Taking Action

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Taking Action:
Imagine where you could be 6 months from now!

At Purse Strings, we chat with many women about their financial worries, especially through our social media channels. It’s surprising how often we hear women say they really want to get ahead financially and secure their futures, but then they don’t take action. For some, they just stop dead in their tracks, and then too much time goes by, and nothing ever happens.

And, we get it!

You know, from the get-go, society bombards us with this idea that men handle the money stuff better. It’s like we’re expected to be experts in everything else but finance. Those stereotypes stick, making us doubt our own financial savvy.

And, let’s face it, financial services were designed for men, to sell to men. Women tell us that when they do ask a question their financial professional tells them not to worry about it. Yikes! The whole industry could do with a makeover to cater better to women’s needs and realities.

I mean, c’mon, no one ever taught us about money, much less about investments or retirement planning. It’s like we’re expected to figure it out magically. No wonder it feels overwhelming.

We get it, for some, talking about money can be scary. We worry about making mistakes or not measuring up to some invisible standard. It’s enough to freeze anyone in their tracks.

So, I wanted to dive into the concept of how we can learn to move ahead and “take action” and came across a TED Talk on The Science of Taking Action. The speaker breaks it down into three key lessons:

Action is a muscle:

Just like exercising, the more you practice taking action, the more it becomes second nature.  


Commit to taking action immediately:

We often overthink things, making them seem bigger than they are. It’s crucial to act right away instead of overthinking things.

Seek feedback from others:

It’s often challenging to come up with actions on our own. Getting feedback can provide clarity and direction.


He says, “Everything hard in life is really just a series of easy steps. You just have to take that first step.” And we agree!!

The Heavy Lifting is Done!

Purse Strings is all about making it easy for women to create a beautiful financial future of their own that gives them a life full of choices! Isn’t that what we all want?

Well, we’ve done the research, created the tools, and found the best financial professionals, and we are serving it up to you for the taking. Here’s how we made it so easy for you to start today:


 Work That Action Muscle

      • Explore Our Resources: Dive into our helpful worksheets, read through our blogs, and check out expert answers tailored for women like you.
      • Get Familiar: Use all the free resources available. From financial planning guides to budgeting tips, Purse Strings has everything you need to start.


 Commit to Taking One Simple Action

      • Set a Financial Goal: Write down a financial goal you want to achieve.
      • Use Our Tools: Work through one of our worksheets to help you with your finances.
      • Download Financial Apps: Try an app like Co-Pilot to start tracking your daily expenses and see where your money goes.


 Seek Feedback from Others

      • Engage with Experts: Interact with the Purse Strings Approved experts on our site. They are here to guide you.
      • Find Your Professional: Use our directory of vetted Purse Strings Professionals to find a financial advisor who suits your needs.
      • Book a Session: Schedule a complimentary session with one of our experts to see if it’s a good fit for you.
      • Ask Questions: Reach out to us with your financial questions. We’re here to help.
      • Consume Content: Grab a great book, listen to an inspiring podcast, or explore other resources that interest you.


Take Action Now!

Take the first simple step. With Purse Strings, your financial freedom is just a click away. Start small, stay consistent, and watch as those small steps lead to big financial changes.

Visit Purse Strings today and discover the resources that will help you secure your financial future. Let’s make financial empowerment happen, one step at a time.



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