Smart Women Finish Rich: 9 Steps to Achieving Financial Security and Funding Your Dreams By David Bach Book review by Brad Doll Today we continue our recommendations of the best books for nannies to help manage money. Since most nannies are women, the focus of our next book is to help women understand that financial planning […]
[Continue reading...]The Easiest Way to Lose Control of Your Life is to Lose Control of Your Money

Women and Money Since most nannies are women, this week we will review our favorite books to help women manage their money. Even in this century and new decade, many women let the men in their lives manage their money for them. But, don’t you hate women who just sit around waiting for Prince Charming […]
[Continue reading...]How Nannies Can Get a Tax Write-Off by Donating to Charities

On the first day of the new year we discussed how to spend you holiday bonus which led into this week’s discussion on how nannies should develop a financial plan. If you’re already debt-free, have fully funded your investment accounts, and have your emergency funds are in order, you’ve got it made. There are plenty […]
[Continue reading...]Things to Save, Things to Save For

Retirement Investments What did you do with your holiday bonus? What did you do with your last raise? Did they fall into the abyss of stuff you don’t remember you purchased? If you have been following our discussion this week, you are already aware that paying debt and establishing an emergency fund are good uses […]
[Continue reading...]S.O.S.

Building an Emergency Fund for Nannies Stuff happens. Emergencies occur regardless of careful planning. Accidents, car maintenance, health problems, and getting laid-off are just the start of an endless list of possible threats to financial stability. Once you have paid-off your debts you should build an emergency fund that has at least six-months of expenses. […]
[Continue reading...]Who to Pay First? Yourself!

Getting Out of Debt If you have followed our advice over the past few days you know how much money you have, how much that you owe, and have established a goal for your money. Now the question is: “Who to pay first?” You should pay yourself first. The money should be used to pay […]
[Continue reading...]A New Budget, A New Attitude

Making a Budget for Nannies A new year. A new decade. You have made your resolutions, your targets, and your goals. We want to continue with your financial checklist and get you to make some financial resolutions. It’s time to make a budget. You need to know where the money you earn went and where […]
[Continue reading...]latimes.com says nannies who get flu shots may have an edge in the job market
Click here to see the article on LAtimes.com today explaining it’s hard for parents to find nannies that have had the H1N1 flu vaccination. Just a portion of the article is sampled below. Many refuse — some out of fear — and that can cause a rift between caregivers and the families that employ them.By […]
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