Staying in the Black

Develop the Required Skills  Do your homework Approach new contacts Be visible .  Follow up consistently . Master the art of small talk Become a conference commando .  Expand your social circle . Convert Connections Into Compatriots Create an emotional impact thru’ health, wealth & children social arbitrage ping people constantly anchor tenants Trade Up and Give Back • Develop interesting, uni...

If your net monthly pay is $5000, here is how you would find your 20/10 numbers: Multiply your net monthly pay by 10%  $5,000 per month x 0.10= $500  Then your annual pay by 20%  ($5,000 per month x 12 months) x 0.20= $12,000 Therefore, your overall consumer debt should not exceed 12,000 and your monthly debt repayment should exceed $500 

YearCompass is a free booklet that helps you reflect on the year and plan the next one. https://yearcompass.com/ Girl, Get Your Money Straight: A Sister's Guide to Healing Your Bank Account and Funding Your Dreams in 7 Simple Steps Book by Glinda Bridgforth

We All Really Need a Vacation. Here’s How to Make the Most of It. https://hbr.org/2021/05/we-all-really-need-a-vacation-heres-how-to-make-the-most-of-it

In today's episode we will be looking at adjusting Retirement Plans. Here are a few things to consider when adjusting your retirement plan: Reflect on current plan What are the potential revisions? Determining your WHY? Do the math, what financial adjustment do you have to make?    Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She...

In today's episode we will be looking at Route 529: A Parent’s Guide to Saving for College and Career Training with 529 Plans by Patricia A. Roberts 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...

Money Magazine “Money Classic: How I Bonds Went From Not to Hot (1998)” by  Money Staff https://money.com/money-classic-i-bonds/?utm_source=newsletter&utm_medium=email&utm_content=Money%20Classic%2020&utm_campaign=money-classic Money Magazine “How to Buy I Bonds” by Adam Hardy https://money.com/how-to-buy-i-bonds/?amp=true Forbes Magazine “What Are I Bonds?” by Barbara Friedberg https:...

Do you worry about having enough to retire without giving up on teaching? You have found yourself hoping that your pension will be enough. Or you want to save for retirement but the idea of putting aside just $100 a month just doesn't seem possible. Or you've always meant to start a 403b but just haven't found the time. Learn the easy steps to retire with more than enough on your ow...

In today's episode we will be looking at some Black Friday Do's and Don'ts.  Do's  Make a list (check it twice)  Research  Check ads  Price guarantee  Check camel, camel to check Amazon pricing  Discount extensions like honey, Rakuten  Free shipping   Shop early  Negotiate  Don’ts  Impulse buy if it’s not on your list don’t  Buy without comparing with other sites  Buy because i...

In today's episode we will be looking at how to prepare for our retirement mindset. Ms. Black shares that in preparing for your mindset you should think about the PERMA framework which is considered the 5 building blocks to enable flourishing. These are: P ositive Emotions: Feeling Good E ngagement: Finding Flow R elationships: Authentic Connections M eaning: Purposeful Existence A ccomplishm...

In today's episode Ms. Black is joined by Shaun Morgan, Rich Educator as they discuss, how to make 8 income streams as a teacher. Shaun Morgan is a full-time teacher of six years and the founder of RichEducators.com. His mission is to help every teacher unlock their financial superpowers through financial education. When Shaun is done, Rich Educators will no longer be an oxymoron.⁠ Register f...

In this today's episode we will be looking Retirement savings by age. Ms. Black shares that we should aim to save at least 1x your salary by 30, 3x by 40, 6x by 50, 8x by 60, and 10x by 67. Additionally, Ms. Black gives us the fidelity guideline of what we should be aiming to save for retirement. Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educat...

In today's episode we will be looking at how minimalists can save money. Ms. Black discusses how to make money selling possessions, how to make fewer duplicate purchases and how to do more Intentional buying. Additionally, you should focus on your needs over wants, invest in experiences and appreciate what you have. Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and...

In today's episode Ms. Black talks about "Work Optional Retire: Early the Non-Penny-Pinching Way" by Tanja Hester.  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 retirem...

In today's episode, Ms. Black talks about "Quarterly Report: Quarter Three"   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...

Men and women alike need to take their health seriously. While there are some health concerns that are specific to either gender, there are others that affect both sexes. That's why it's important for both men and women to get an annual health check. During these check-ups, doctors can check for a variety of health concerns, including heart disease, diabetes, and cancer. They can also pr...

  Dependent Care Assistance Program (DeCAP) -   DeCAP allows City employees to pay for eligible dependent care expenses on a pre-tax basis, with deductions taken directly from paychecks. These deductions reduce an employee's gross income on his/her Form W-2 for federal and Social Security tax purposes. MSC Health Benefits Buy-Out Waiver Program - The Medical Spending Conversion (MSC) Health B...

Get Smart with Money is a new Netflix series that offers viewers a crash course in personal finance. The show covers a wide range of topics, from saving for retirement to investing in real estate. Each episode features a different guest expert, who shares their insights on a variety of financial topics. Get Smart with Money is an excellent resource for anyone who wants to learn more about personal...

Basic estate planning is an important part of saving for the future. By taking the time to plan now, you can ensure that your assets will be distributed as you wish when you pass away. Basic estate planning typically includes creating a will, naming beneficiaries for your accounts, and designating a power of attorney. A will is a legal document that stipulates how your assets should be distributed...

It's college drop-off time, and you might be feeling a mixture of emotions. You're probably excited for your child to start this new chapter in their life, but you might also be feeling sad and overwhelmed. One of the best ways to save money during college is to avoid buying things that you don't need. This can be difficult, especially if your student is living in a dorm room or apa...

One of the biggest expenses for any household is groceries. With a little bit of planning, however, you can save a significant amount of money on groceries each month. One way to save is by taking advantage of sales and discounts. Additionally, by taking the time to plan out meals in advance and using a loyalty card you can avoid impulse buying and make sure that they are only buying the items tha...