Category Archives: Financial

Wine, Women & Wealth March 2016 – Not Your Mom’s 401k

March’s Wine, Women & Wealth started with a recap of the ways to save for retirement since having little or no savings was one of the Five Mistakes Women Make with Money that were discussed during February’s seminar.

Savings Instrument Tax Impact
Savings Accounts & CDs Taxable
IRAs, 401Ks & Annuities Tax Deferred
Life insurance (cash value) & Roth Ira Tax Exempt

Believe it or not this month the guest was a guy and not one of the two we usually make an exception for at Wine, Women & Wealth! Steve Albritton, CFP and Regional VP from Howard Capital Management spoke about how challenging it is to pick what to invest in inside of your 401k. Despite the challenges, he gave the following stats on how many people seek professional help.

For less than $80 a year they offer a product called the HCM 401(k) optimizer that gives you personalized, professional recommendations on what to pick within your employer-provided 401k, 403b or 457a. If you were in attendance, you could have gotten 1 of the 2 free trial memberships he gave away. For more info, email Ms. ME.

In closing he shared the video below that demonstrates why it’s to your benefit to get professional help versus going it alone.


Our second guest speaker was our friend Jen from MetLife. She spoke about the importance of and the steps involved in creating a plan for retirement.

  1. Decide when in the future do you want to retire
  2. Determine the money you need for essentials, wants and wishes
  3. Create a plan from now to retirement

The last thing she discussed is how to make your savings last. She mentioned three sources of “guaranteed” income. Do you think you know what they are? Do you need help determining how to make it last?

In closing, one way to save that she stated is often overlooked is through cutting costs. Go through your monthly bills and look for ways to save at least once a year.

Next month’s Wine, Women & Wealth Topic: Your Grandma’s Yellow Platter. If you’re in Jacksonville, Florida don’t miss it. Check back for the link to reserve your seat.

Wine, Women & Wealth Jan 2016 – What Women Want

Better late than never…

That common phrase only applies to this blog post. When it comes to women, money and saving so that they can get the things they want it’s better now than later.

Every second Thursday of the month in our local office my business partners and I sponsor a seminar strictly for women to educate them on financial topics of an assorted variety. It’s known as Wine, Women & Wealth. The first one of 2016 focused on What Women Want.

At some point in their lives, 95% of women Continue reading Wine, Women & Wealth Jan 2016 – What Women Want

How to Divorce Your Job and Keep the House – #2

There are a multitude of different types of side hustles, side gigs, extra revenue streams or whatever you want to call it. As promised, here’s a list of eight: Continue reading How to Divorce Your Job and Keep the House – #2

How to Divorce Your Job and Keep the House – #1

Let’s have a virtual show of hands, “Who hates their day job?”

Click to take the poll. See the results in the next post.

Everyday at mine, I encourage youths to really think about what job they will have and make sure it’s something they enjoy while my distaste for my job slowly grows. Believe it or not, I actually was excited when I began about what I how it would help me reach my personal goals and enjoyed it up until bureaucratic changes sapped all the joy from it. It’s become an abusive relationship. So I think it’s time to divorce my job just like I did my cheating, abusive ex.

(Was that TMI?)

Of course you should never rush into a divorce with a spouse and the same thing goes for your job. I’ve been contemplating this change for about the past three years and researching how to do it successfully,  keep my house (the job can keep the kids and the pets), and progress towards full-time self-employment. My (Blogging 201) goal is for this to be a new biweekly post series, filled with tips, research, and my own personal experiences. So on to the first tip.

ECVtalkbubbleTip 1: Have a side-hustle, side-gig, or alternate income stream.

Most everyone is looking for ways to supplement their income these days. I’ve been doing it myself for about 10 years now. While there have been good and not-so-good years, I’ve persisted which is a key trait when your goal is to be self-employed.

Don’t know what you might be able to do?

Well if you’re reading this you might be a blogger. Fellow blogger Charlene Oldham talks about opportunities to get paid for your writing. She also suggested the site This site actually suggests work based on the skills you enter when you register. Check it out for ideas or do a web search for similar sites.

Check back in two weeks for a list of side-gig suggestions.

“I Want to Start My Own Business” Day

Today is “I Want to Start My Own Business” Day. If you’ve followed this blog, you’re familiar with our Divorce Your Job & Keep the House series. If not, don’t worry because we’ll be reposting them starting next week Friday. But to intro the reboot we want to recognize this special day and share this wonderful article written by Ben Guinter on figuring out what business to start.

While we recommend starting your own financial services business due to the incredible opportunity that exists because of the unique set of circumstances that exist, we know that
isn’t everyone’s dream. So see the full article below for tips on how to find your idea and move forward.

Watch the video to find out 7 things that make a financial services business a great idea.

Source: Chapter 12: The 7 Elements of an Ideal Wealth Building Opportunity — Wealth Wave

September 11th is “I Want to Start My Own Business” Day

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If you’re looking for something to do today then stop procrastinating because it’s “I Want to Start My Own Business” Day! If you’ve ever said that statement before, today is the day to take your first step toward that goal! Let’s get right into celebrating “I Want to Start My Own Business” Day!


Well, think about how many times you’ve heard people say that phrase before… there’s a reason why it’s in quotation marks. 😉 People say it all the time and never act upon it, whether or not they have a strong desire to own a business or not. They mention it and forget about it before taking a step toward that goal. So sure, we could just spend today pointing our fingers at procrastinators or we could make it a day of action where you finally put into play a plan on how you’re going to reach your goal of running your own business. It can be a struggle to get started but if you don’t have a plan to achieve your goal then it’s just a passing dream. And if it’s really something that you want, you’ll just end up beating yourself up over not taking any action. But if you were to at least look into what it would take to get started, write out your definite goal and start mapping out your steps toward it then you’ll have a new purpose in life.

You won’t be a procrastinator, you’ll be doing what you want and before you know it you’ll have as much freedom as you desire. Can you imagine what it would be like to be your own boss? You set your hours, you decide what work you want to do and give the rest to your employees. Image what it will feel like to reach your goals! Just don’t abuse your power. 😉


So, how can you celebrate today? Well, if you are one of those people who really do want to start their own business then your first step is to write down your goal. What is it you want to do with your business? What product or service are you going to offer? How are you going to make it unique? When you get it on paper you can start to mold it into exactly what you want your future business to become and it will be a constant reminder every time you see that paper. The next step would be to write out a plan of action. How are you going to reach that end goal? What are the steps you need to take to ensure your business succeeds? What kind of resources are you going to need and who can help you along the way? You can break these steps down to the simplest of tasks and put them in order so you know what you need to do from start to finish. And by the time you’re done you’ll know exactly what lies ahead of you. Can you guess what the next step is? DO IT! You have your goal mapped out, you know how you’re going to get there and now all you have to do is actually start doing what you planned to do. If you broke the steps down into individual tasks then just start trying to tackle a task a day or each week. Stick to it even when you are a little discouraged and you’ll have your business up and running before you know it! Have a great day and I can’t wait to see the grand opening of your business!

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