Poverty Hits Women Harder

This chart right here is why I choose to focus Valkyrie Financial on women. Women live our entire lives at a money disadvantage. This chart doesn’t even tell the whole story; without Social Security, the number of elderly people living in poverty would be through the freaking roof. It’s my goal to help women spend,Continue reading “Poverty Hits Women Harder”

Trying to Buy a House? Good Luck

Anyone who works in real estate or who is actively trying to buy a house right now will tell you: this is a wild seller’s market. The data used to track home prices nation-wide is called the Case-Shiller Index and it recently released it’s January findings. Home prices are up 11% since January 2020. That’sContinue reading “Trying to Buy a House? Good Luck”

Money Monday – How a 401(k) Usually Beats an IRA

https://www.facebook.com/plugins/video.php?height=476&href=https%3A%2F%2Fwww.facebook.com%2F109189157904534%2Fvideos%2F764452844202999%2F&show_text=true&width=267 Although most people use these two terms interchangeably, legally there are huge and important differences between the two. First off, while anyone with earned income (or has a spouse who earns income) can put money into their IRA, 401(k)s can only be used by employees of a company who chooses to offer a plan.Continue reading “Money Monday – How a 401(k) Usually Beats an IRA”

This Dam is Going to Burst

Lately in “the stock market is not the economy” news, the Dow Jones Industrial Index has been breaching new highs. The S&P 500, too. Sure, the American vaccination effort is going better than expected, but the fact is that this economy is still missing 9 million jobs from when this pandemic started. So what gives?

#MoneyMonday – Economics of Equality

On Martin Luther King Jr Day, it feels irresponsible to post about anything other than the economic impact of systemic inequality. I’m sharing these graphics published by Citi this past September where they calculated that the differing treatment of white citizens over black citizens has cost our U.S. economy an estimated $16 trillion dollars overContinue reading “#MoneyMonday – Economics of Equality”

#MoneyMonday – When it’s time to stop treating’ yo self.

Did anyone else find themselves clicking “add to cart” a bit more often than normal the past couple (okay, nine) months? It’s actually a psychological phenomenon, where oftentimes we cope with sadness by buying shiny/new/fun things. I’ll admit I love the rush of hitting that buy button, tracking my package, and then ripping it openContinue reading “#MoneyMonday – When it’s time to stop treating’ yo self.”

#MoneyMonday – High Flyers

With 3 trading days left in 2020, both of the top 2 performing stock of the S&P 500 are new additions this year. Claiming the top spot is newest newcomer Tesla with an eye-popping 675% price increase for the year. Number 2 is the company the S&P committee chose to add in September, Etsy, withContinue reading “#MoneyMonday – High Flyers”