Brainy Chick LogoYou are the next generation. We are the Millennials. Right now, WE are figuring out our money situation. We come from different backgrounds but at the end of the day, we just need to know where to start. Most aren’t even sure where to begin – I hear a lot of:

Hi there! I’m a just out of college and need to figure out my finances. I may have some debt and I want to save, but I am not sure how I can LIVE my life while making sure I am set up for the future.

…or maybe something more like this:

I know I need to fund my 401k – but what choices do I make? Where do I start? There are so many options out there, and I want is a place where I can get straight and simple answers.

You have arrived. Welcome to Brainy Chick Finances! This is a hub for all of your financial questions to be answered and a place where we can help you simplify all of the finance jargon out there! Sign up for our newsletter to stay in the loop on Brainy Chick Finances.

 

Budgeting & Saving

  • We Didn't Budget For Our Dog and Blew It

    We Didn’t Budget For Our Dog and Blew It

    When we started thinking about getting a second dog, we knew we would have to pay his adoption fee and a few other necessities. We were in the excitement of adopting a new dog, asking questions and figuring out the logistics that we forgot to do one critical step: talk about how to create a […] Read more…

  • $10week To Fund a Basic Emergency Savings Account

    $10/week To Fund a Basic Emergency Savings Account

    When we plan for the future, we don’t want to think about the bad stuff. We want to think about the trips we could take or the first step towards homeownership. The Federal Reserve asked respondents of their annual survey, how they would pay for a $400 emergency. The answer was quite surprising: 47% of […] Read more…

Financial Independence

  • Do you always worry about money? Stop doing it to become rich

    Stop Worrying About Money to Become Rich

    Do you always worry about money? Stop doing it to become rich. Contributed article by: Good Nelly The rich people unanimously have the opinion that if you think rich, you’re more likely to become a wealthy person. If you force yourself to think rich, you will be rich. The idea is you have to believe in […] Read more…

  • Tax Day Preparation

    The Beginners Guide: Tax Day Preparation

    Yesterday was Tax Day – congratulations, you survived! Either that or you are mad at yourself for standing in line at the post office :/ I am going to be honest, I don’t do my taxes. I am fortunate enough to have my father who has a great working relationship with our CPA, set everything […] Read more…

Investing

  • Invest or Payoff My Car Loan

    Invest or Payoff My Car Loan?

    I had an interesting conversation with my Dad the other day about my car loan. He said I should invest the insurance money rather than pay off my loan. I was surprised but his advice did make sense. Our first reaction is to pay off debt, right? No one wants to have frequent payments to […] Read more…

  • April Investment Robo Advisor Report

    April 2016 Investment Robo-Advisor Account Report

    Welcome to the Investment Robo-Advisor Account Report for April 2016! April Investment report has not been too bad this month but not as fantastic as last month. For comparison, March for Betterment went up +16 compared to April’s +5, but hey, in the end, I am still making money. Overall Earnings I am actually more impressed […] Read more…

Retirement

  • Difference Between a Roth IRA and Traditional IRA

    The Difference Between a Roth IRA and Traditional IRA

    When talking about retirement, most have the 401k covered: they understand the concept and (hopefully) are contributing to it. Sometimes, a 401k is not enough when it comes to retirement. Do you know when you will retire? You might think about 55, but you won’t know until you get there. Do you know how much […] Read more…