I’m a big fan of automating your finances as a way to grow your wealth. After about 30 minutes of set-up, your money is whisked into different accounts, and you’re less tempted to spend your savings because you don’t really see that money. But every year (or whenever you experience a big life change like getting married, having a kid, getting divorced, or getting a big raise), you should reassess … [Read more...] about You’re 30 — Stop Doing What You Did in College
Search Results for: side hustle
Are You Prepared to Ride Out the Next Recession?
The stock market experienced quite a few drops in January, causing a frantic debate in the media over whether or not another recession is coming. You might have been in college during the 2008 recession, or recently graduated and struggling to find a job. Or maybe you were a few years into your career and watched your 401(k) get cut in half. The recession was poorly-timed for Millennials like me … [Read more...] about Are You Prepared to Ride Out the Next Recession?
5 Signs It’s Time to Start Your Own Business
Entrepreneurship offers a world of opportunities for those who can manage being their own bosses and running their own businesses. I believe it’s the new job security for my generation. No longer are you at the mercy of your boss -- you can take action and create your own work, career, and business. But that doesn’t mean creating those things for yourself is easy or without challenges. Even … [Read more...] about 5 Signs It’s Time to Start Your Own Business
Press Archive: 2014
Interested in interviewing Sophia? Please schedule a call and she'll be happy to chat with you! Print Unite 4:Good Magazine - Sophia Bera: Financial Guide for Millennials TV Clips, Web Segments, Radio Spots, Podcasts, and Tweetchats Tropical Entrepreneur Podcast: Generation Y Wealth Creation Ideas with Sophia Bera Wisconsin Public Radio: On Your Money: Financial Tips for … [Read more...] about Press Archive: 2014
4 Tips to Overcome the Fear of Spending So You Can Enjoy Your Cash
In our quest to save money for emergencies, retirement, and future goals, it’s easy to develop a fear of spending money. But that's not a healthy way to approach your finances. As long as you have an emergency fund to cover the basics and are saving consistently for retirement, you are allowed to spend money on yourself sometimes! The key is to align your spending with your … [Read more...] about 4 Tips to Overcome the Fear of Spending So You Can Enjoy Your Cash
What Should Your Emergency Fund Look Like?
Starting an emergency fund can sound like a daunting task. Three to 6 months of your income, in one place? That's a big number! You may think you don’t even need an emergency fund. But don't be fooled into this line of thought. After all, it's hard to know exactly when an unexpected expense will pop up (but somehow it always seems to be at the most inconvenient times). Emergency … [Read more...] about What Should Your Emergency Fund Look Like?