2017 Update: We still stand by this money roadmap and general personal finance advice for working women!
We’ve talked about a ton of different money issues here, but it occurred to me that it might be helpful to do a simple “roadmap” post — a listing of what to do, in what order, with links to the appropriate posts. So here’s my list of what to do with your money — if I were advising a friend, this is what I’d say. Readers, what would your roadmap look like? Would it be any different? (Update: the pictured Halogen wallet is sold out, but Nordstrom still has a bunch of Halogen wallets for very affordable prices.)
1. Figure out what your money situation is. Do you know how much you have in each account, where it is, and how much interest it’s earning? Do you know what your debts are, and how much interest you’re paying? I like Mint.com to keep track of multiple accounts (and I particularly like that it will email multiple email addresses with weekly updates — great if you’re married or otherwise in a joint banking relationship). [Read more…]