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Jenna-Rose Finnie
Financial Coach
Education
- BA, Finance w/ Concentration in Financial Planning, Southern NH University
- Dave Ramsey Financial Coach Master Training
Professional Achievements
- Received praise in Selena Soo's USA Today best seller "Rich Relationships"
- Featured on multiple podcasts, most notably Jannine Krause's HealthFix Podcast
Favorite Piece of Advice
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Forum Comments (4)
Also, if you find yourself in a position to start putting away some wealth for the next generation, make sure you're properly utilizing trusts. Different investment accounts can live within a trust, and you can clearly iron out who gets what amount at what time and specify things the way you'd like. You can create a clean, customized legacy that way.
Outside of being in a grinding, savings-oriented mindset, you have to think about yourself as a human and what works for you. Some people work really well with a specific goal in front of them; for example, "I have to save X dollar amount every month". I would always recommend saving for at least 20% of a downpayment, so you don't have to deal with PMI. And just start to chip away at that.
However, there are other people who don't operate very well like that. For example, they might look at this concrete numeric goal consistently and see it as a reminder that they're "failing" for not having achieved this goal yet.
If that's you, I would say to keep grinding and saving, but take a look at different money milestones. Check in with how it's going maybe once a month, or every two months. How much have you saved now? What door does that open for you? And let yourself get high on the wins! Maybe after a couple months, you have 15K in there. Then, look in your area. Where could that get you? It might not be your dream home, but maybe you're now in a place where you could get a house somewhere in your area. That's exciting! A new door has opened. You could then think, how much more can we grow this? Let yourself get really excited about each step along the way.
Co-authored Articles (9)
How to Get Rich: Clever Financial Strategies to Help You Make Millions
Financial coach Jenna-Rose Finnie lists her tips for saving money and getting richWealth: nearly everyone wants it, but not everyone knows the key to getting it. Becoming rich takes skill, patience, and a little bit of l...
How to
Calculate Mortgage Payments
Financial coach Jenna-Rose Finnie lists her tips for figuring out your mortgage payment If you're considering buying a house or another type of property, you'll likely have to shop around for a mortgage loan. This type o...
How to Move Out When You Have No Money
Financial coach Jenna-Rose Finnie explains the value of networking when you're moving on a budgetMoving to a new area can be super exciting, but it can also be a little scary, especially if you’re on a tight budget. Ho...
How to
Get Money Without Working
Wouldn't it be great if you could get money without working? While there's no surefire way to strike it rich without working, there are certain ways to raise funds for yourself with very little or no effort on your part....
Top Ways to Make Money at Home (Side Hustles and Passive Income for Women)
Are you a woman who's short on cash and would like to change that right now? Let's be honest—who ''wouldn't'' want some extra bucks? We're here to help boost your income ASAP! In this article, we'll share a bunch of wa...
How to
Pay Off Credit Card Debt
It may seem easier to just ignore it, but your unmanaged credit card debt will haunt every step you take. It may sound like a daunting task, but you can pay off your debt with order and dignity! To attack your debt effec...
How to
Calculate Interest Rate
If you know the amount of a loan and the amount of interest you would like to pay, you can calculate the largest interest rate you are willing to accept. You can also look at your interest payments in a year and see what...
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Make Money from Home
Are you tired of seeing all those online scams about working from home, but you really need a job that works with your schedule and needs? It is possible to get actual jobs that can be done from home (and aren't pyramid ...
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Living on a modest or minimal income can be tiring and stressful, but by budgeting and seeking aid when necessary, you can survive on a surprisingly small amount of money. Federal, state, and local governments also provi...
