Hello, I’m excited to be publishing this post regarding a review of my 2019 and more importantly a forward-look into the coming year and decade! Last year I wrote a post about creating the sustainable habit of goal setting. I even wrote a mid-year review check-in like I set out to do. Although, I’ve been dreading my end of the year review mostly because I’ve failed at completing all of my goals.
So you may be asking why a single woman is writing a post about speaking the same financial language with your partner. I do have thoughts on this topic; however, I really want to learn more about it so I listen to the wisdom and experience of others. I’m pleased to offer you Good Nelly’s thoughts here. Good Nelly wrote a quality guest post for me in the past titled, The Debt Gender Gap and How to Reduce it Being a Woman. You are in for another treat with this post. Take it away, Nelly…
Why and How to Speak the Same Financial Language with Your Partner
I am sure that you have heard that couples need to speak the same financial language. Men and women need to be on a similar page for a better financial future.
But have you wondered why? Let’s find it out.
I am happy to announce my first Christmas giveaway and it’s a good one! If you are interested in taking charge of your money this year, read on…
As a Christmas gift, I’m giving away a 1-year subscription to EveryDollar Plus!! EveryDollar is a budgeting tool created by the Dave Ramsey team. This is a one-year subscription is valued at $129. That’s a nice little Christmas gift, yes?
You’ll need to read through the entire post to learn the rules of the giveaway but I’ll make it worth it. 😉
EveryDollar is a great tool for budgeting! I’ve used it off and on in the past but more consistently have used Microsoft Excel. However, this year, I’m committed to using EveryDollar wholeheartedly. What better way to start out the new year than with a new budget?! And we can do it together and share tips.
Details About EveryDollar
- In the first month of budgeting with EveryDollar, the average user finds and extra $332 they were spending without even knowing it
- EveryDollar Plus comes with access to Financial Peace University
- This giveaway is the equivalent of $129
- EveryDollar gives you a game plan for winning with money. It’s built around the 7 Baby Steps to take budgeters through paying off debt, saving and building wealth.
- You’ll learn how to use a zero-based budget – where all your income minus all your expenses equal zero.
The IRS has announced most tax-advantaged contribution limits for 2020. I was waiting to release this post until they announced the Flexible Spending Account (FSA) contribution limits. For some reason, that one was the last to be released.
Being that I’ve started saving for retirement late, I max out all the tax-advantaged accounts I can get my hands on now. That being said, I have an end of the year calendar reminder to notify the accountant who handles payroll at my job to up my contributions accordingly. Each year as the IRS raises the allowable contribution limits, I raise my pre-tax contributions.
This post is to inform you of all tax-advantaged contribution limits for 2020. If I’ve missed any, please feel free to let me know. Additionally, if you are not able to max out any of these accounts, don’t let that intimidate you. Just begin!