Staying in the Black

In this episode, Ms. Black talks about steps to take in a recession. Although she does not believe in causing financial fear she's received several calls about recession concerns and decided to record an episode.  Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode, Ms. Black reviews Feel Good Finance by Aja Evans. This book has the most impact on Ms. Black current practice. She has even purchased a hard copy of the book.Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode, Ms. Black shares why you should be intentional about where you spend your money and she is participating in a boycott.  Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode, Ms. Black reviews Money Out Loud: All the Financial Stuff No One Taught Us by Berna Anat.Book reviewed Money Out Loud by Berna Anat Other Books Mentioned Girl, Get Your Money Straight by Glinda BridgforthMind Over Money by Brad Klontz Success Runs in Our Race by George Fraser Zero Debt by Lynnette Khalfani-Cox Get Good with Money by Tiffany Aliche Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode, Ms Black discusses the importance of celebrating all financial wins, She shared how to schedule in you celebrations for saving and debt reduction.Celebration StepsSet the goalIdentify check-ins (weekly, monthly, quarterly)Utilize tracker (color-in sheet, spreadsheet, calendar)   Identify celebration (words of affirmation, a treat, activity)  Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black updates you  on her  Runway to Entrepreneurship. Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black gives a update on Runway to Retirement.Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

This episode kicks-off  Financial Literacy Month! Ms. Black reviews the 8 Keys for Financial EmpowermentBudgeting-tracking your spending allows you to see where your money is going and identify areas where you can saveSavings- is the first step in building wealth an Emergency Fund stops you from blowing your budget. You can then various savings buckets (i.e. new car, gifting, maintenance)Debt- deceasing and eliminating debt allows you to save more and put your money to work for you and not someone else.Credit- managing your credit score save you money by lowering your interest rates and allow you to get better employment opportunitiesInvesting- saves time and money as your money works for you a the earning compound.Earning more/ multiple streams of income- the more you earn the more you can save and invest.Insurance- saves you from having to pay to replace items and can replace the income from a lost love oneEstate Planning- allows your family to save time and money on lawyer and court costs after your passingMs. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode, Ms. Black reviews Happy Mind, Happy Life by Dr. Ragan Chatterjee. This book provides you the research behind happiness and exercises to improve your happiness.  Book: Happy Mind, Happy Life: The New Science of Mental Well Being Podcast: Feel Better, Live More with Dr. Rangan ChatterjeeMs. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black discusses the definition of wealth and the importance of defining it for yourself. She shared a newsletter on Substack How to be Rich by Andrew Lokenauth including the steps he defined in Building Wealth:Define What Wealth Means to You Declutter Your Life Invest in Relationships, Not ThingsCreate Daily Wealth Rituals Learning the Art of Savoring And provides a frameworks for your wealth journey including the R.I.C.H. Life Assessment below:   The R.I.C.H. Life AssessmentRate yourself from 1-10 in each of these areas:R- Relationships: How strong are your connections with family and friends?I- Inner peace: How often do you feel calm and content?C- Contribution: Are you making a difference in ways that matter to you?H- Health: Do you have the energy and wellness to enjoy each day?Your lowest scores show where to focus first. Set one small goal to improve in that area this week.Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode, Ms. Black reviews the book, Happy Spending: The Science of Happier Spending by Elizabeth Dunn & Michael Norton. Here are the principles:Buy ExperiencesMake It a TreatBuy TimePay now, Consume LaterInvest in Others  Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black talks about deciding to retire. Her client that discover that they would earn more in retirement than they are making working decided to now! Ms. Black shares how her client made the decision and things you may want to consider when making you decision, beyond finances. Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode, Ms. Black speaks about teaching financial literacy to students and provides resources.Next Generation Personal Financer: https://www.ngpf.org/FDIC Money Smart for Young People: https://www.fdic.gov/consumer-resource-center/money-smart-young-peoplePockets Change: https://www.pocketschange.com/Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black share how and why she'd joined the credit points game, the pros, cons, and challenges of the points game.  Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode, Ms. Black speak about personal finance is personal. She shares how everyone financial journey is unique and the purpose the podcast is to she her journey so that you can learn and hear different perspectives.  She encourages you to take what you need from different resources and make them your own.   Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode, Ms. Black share the story of one her clients and their F.E.A.R. of retiring. Once they did the clients retirement math they discovered they would make more money in retirement!F-False E-Evidence A-Appearing R-RealMs. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black gives a update on Runway to Entrepreneurship.Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black gives a update on Runway to Retirement.Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

After a seven month hiatus Ms. Black is back! She shares what she's been up to and why she's been missing in action. Ms. Black  is excited to get back to podcasting, sharing personal finance information, book reviews and action steps. Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms, Black talks about the her car being totaled. She shares the whole process from police report to find a new - new-to-her (used) car.  Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms, Black reviews Tiny Habits by BJ Fogg. after reading Power of a Habit and Atomic Habits I think I found the book that helped me establish new habits or break undesirable habits. Tiny Habits by BJ FoggMs. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black evaluates the value of her professional and social memberships. Ask yourself the following questions to evaluate your memberships:Is the membership necessary/meaning to your life (work/networking)?Do you utilized the membership?Are you maximizing the benefits of the membership?What would happen if you didn't have the memebrship? Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black share how she's lost thousands of dollars in interest because she did not monitor the interest on her high yield savings account (HSYA). The lesson learned is to not only monitor the balance, deposits, and withdrawals. When comes to HYSAs you must also monitor the interest rate to ensure that you are getting the best rate. It is important to monitor all financial account: savings, checking, investment, insurance, etc.Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this NYC episode Ms. Black discusses the raises that principals and managers received and the importance of being intentional about how you allocate your increase income. Consider your options, increase your retirement saving, investments, and/or increase debt repayment among many other things. Be wary of lifestyle creep. Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black updates you  on her  Runway to Entrepreneurship.  Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black shares her 2023, 4th Quarter retirement account numbers. She shares two books that support her with her retirement mindset. Listen to her book reviews below.   Book Review: It's Not About the Money Brent KesselBook Review: Die with Zero by Bill Perkins Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

Ms. Black wants to know if she can afford to retire early so she consulted with two Certified Financial Planners (CFP). In this episode Ms. Black shares her experiences meeting with 2 CFPs. Find out what they advised her.  If you want to know how Ms. Black prepared to meet with the CFPs list to this episode: Preparing to meet with a CFPMs. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1M in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black discuss the importance of exploring side hustles and next chapter options. You may be interested in starting a side hustle or have an idea of what you want to do once you retired but have you truly explored the idea? Do you know the pro and cons? Do you know if you'll truly enjoy doing the job?  Many times we fall in love with the idea of a certain job/position/title but don't know what the actually work and responsibilities it entails. In this episode Ms. Black provides you with some guidance and resources to explore your side hustle or next chapter options before you invest. Design Your Life by Burnett & Evans Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

Ms. Black share the podcast highlights for 2023.Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $1 million in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

Happy New Year! In this episode Ms. Black talk about strategies for keeping  your financial resolutions.Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

Ms. Black celebrates the 3 year anniversary of the Staying in the Black Podcast! Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In the episode Ms. Black discusses why you may want to meet with a Certified Financial Planner (CFP) and  how prepare to  meet with a CFP.Questions to Ask a Certified Financial Planner  Certified Financial Planner Documents Checklist Certified Financial  Planner Search:  https://www.plannersearch.org/Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

There are many sites online where professional appraisers or subject matter experts offer estimates on your items. Simply upload a photo and add descriptions. The site will typically respond within a week with a valuation of the item. However, some items may have more value to you than others may be willing to pay for them. In this episode Ms. Black discusses the value of her 2008 Honda Accord EX-L and the "True Value" of the car to her.When calculating the "True Value" of your items consider the following:Is the item still useable and bringing value to your life?How much would it cost for you to replace the item? Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

Step for successful gift giving: Set budget  including taxes, shipping and handling  Make a list, check twice Look for sale, promo code, use browsers plug-ins like honeyMake purchasesMs. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

Intuit is closing the Mint, budgeting app, as January 1, 2024. OMG! Ms. Black shares how you should go about identifying a replacement budgeting app and a list of potential replacements.Ask yourself the following questions: Do I want a free app or can afford to pay for an app?What is my budgeting style (zero-based, envelop system, 50/30/20, spending plan, spreadsheet)?Do I want to connect my financial institutions, upload or manually enter my information?Do I need my financial planner/coach, spouse/partner, child to able to access the app?Would I like to access the budget thorough an app only, desktop only or both?What platform do I use Apple iOs or Google/android? Apps mention the most:  Monarch Money, Empower, Simplfi, YNAB, Rocket Money, Tiller, Fidelity Full View  Here are the articles that informed this episode:Best Mint Alternatives For 2023 (Budgeting Apps To Try)8 Mint Alternatives You Should Know OfMint, the Budgeting App, Is Going Away. Here Are Some Alternatives.Mint is shutting down - here are 10 Mint alternatives we recommend for 20239 Best Mint Alternatives for 2023 (Free & Paid)Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black reviews Build the Life You Want by Arthur C. Brooks and Oprah Winfrey  Build the Life You Want by Arthur C. Brooks and Oprah Winfrey Take the PANAS quiz mention in the episode  here. Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In the episode Ms. Black discusses why is it essential to know your financial numbers. She discuss how four of her clients have been inspired meet their financial goal when learning their actual numbers. Use these numbers to meet whatever goals you set for yourself.  You can earn more, spend less, or a combination of both to meet your goals faster. The choice is up to you. Learn your numbers Step 1: Track your spending for a monthStep 2: Multiply your monthly spending by 12 to learn your yearly spending Step 3: Multiply your yearly spending by 25 to learn your financial independence/ retirement savings numberExample: Monthly spending $7000 $7,000 x 12= $84,000 yearly spending $84,000 x 25= 2,100,000 financial independence/retirement saving numberMs. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

This a New York State/City specific episode. It addresses  New York State/ City Tier VI retirement requirements and how they differ for from Tiers III/ IV.   Learn more about fixing Tier VI at https://fixtier6.org Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black reviews It's Not About the Money: A Proven Path to Building Wealth and Living the Rich Life You Deserve by Scarlett Cochran, JD.  It's Not About the Money: A Proven Path to Building Wealth and Living the Rich Life You DeserveMs. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

It open enrollment time, that time of year where you can change you health insurance and enroll in Flexible Spending Account Programs: Medical Spending Conversion ProgramsDependent Care Assistance ProgramHealth Care Flexible Spending AccountRead more about the details of the Flexible Spending Accounts Programurl: https://www.nyc.gov/site/olr/fsa/fsahome.pageMs. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black discusses her Q3 podcast updates. Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode Ms. Black share her Runway to Retirement journey, including her actual retirement account balances for Q3.Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

In this episode  Ms. Black discusses how to withdraw from your retirement accounts and questions you should ask your tax professional. Learn when you can start receiving your Social Security retirement benefitsURL: https://www.ssa.gov/benefits/retirement/planner/agereduction.htmlMs. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

in this episode Ms. Black talks about how to leverage a Roth IRA to prepare for retirement at any age.Roth IRA contribution (for 2023 $6,500 annually, or $7,500 if you're age 50 or older)Roth IRA salary caps URL: https://www.irs.gov/retirement-plans/amount-of-roth-ira-contributions-that-you-can-make-for-2023  Compound interest calculator  URL: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator NYC Public School teachers can contribute in the Roth option of the 457 (Deferred Compensation)  $22,500 under 50 and $30, 000 over 50Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

Student loan repayments are starting back next month for most borrowers. In this episode we discuss how to pay your student loans and contribute to your retirement. Remember to contact your lenders to adjust the repayment amount if necessary. and investigate various repayment options.    Learn more about identifying your future self in Episode 118 Why should you name your future/retired self?Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

31% of investors would be comfortable putting AI' s financial advice  into practice without verifying it first, according to CFP Board survey. These Women Tried to Warn Us About AI : Today the risks of artificial intelligence are clear — but the warning signs have been there all along BY LORENA O'NEILhttps://www.rollingstone.com/culture/culture-features/women-warnings-ai-danger-risk-before-chatgpt-1234804367/Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

Steps to end the  Paycheck to Paycheck cycleIncrease your salary ( overtime, side hustle, new job/position) Track your spending and create a budget aligned with your financial goals Make spending adjustments where you can Pay yourself first (retirement accounts emergency savings) Get accountability partnersMs. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

Saving comes naturally to some be can be a challenge for others. Saving alone will not make you rich however is the first in step in building wealth and becoming financially independent.  Here are behavioralSet savings amount  in advance of windfalls (tax returns, raises, monetary gifts)  Leverage transitions ( birthdays, seasons, new moons) Manage your small purchases ( "Small leaks, sink great ships" ) For more on the 30/40/30 Rule listen to Episode 116: What to do with a cash windfall? 30/40/30 Rule30%- Past (debt and loans)40% - Present- (current needs and wants Emergency Funds)30% - Future (large purchases, down payment for homes and cars, and retirement)Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

August is Make A Will Month - 67% of American don't have a will Here are 3 reasons to make a will: It's a legal document that everyone should have It provides peace of mind to you and your familyIt allows you to create a legacy that last beyond your lifetime Make your free at FreeWill https://www.freewill.com/compassionandchoicesMs. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

All the tools you need to improve your online safety.https://securityplanner.consumerreports.org/recommendations 1Password Is the Best Password Manager in Consumer Reports' New RatingsWe evaluated 11 services for digital security, privacy, and ease of useBy Yael Grauer (Updated September 28, 2021)https://www.consumerreports.org/electronics-computers/password-managers/best-password-managers-review-digital-security-privacy-ease-of-use-a7337649384/Ms. Black, the host of Staying in the Black, is a single mom, homeowner, and public-school educator in NYC. She owns two properties and is one mortgage away from being totally debt-free. She loves traveling the world with her family and has over $500,000 in her retirement accounts beyond her pension.Learn more about Ms. Black:Website: http://www.stayingintheblk.comInstagram:@stayingintheblk

Use strong, unique passwords Don't discount security questions Enable multi-factor authentication (MFA) Practice safe browsing Beware of phishing, smishing attempts Always assume public Wi-Fi is not secure Set up automatic software updates Install browser security add-ons Make the most of your bank's security features Make diligent peer-to-peer payments Safeguard your financial records Know how your bank might reach you Learn more about credit freezes, fraud alerts Maintain an emergency contacts list