most of your money

do you get the most out of your paycheck?

you can find me at: @K_AnnM | Insta | LinkedIn

Thanks to a recent study from the government, we can now tell how far our paychecks really go. Tuesday Planet Money shared all of the findings. This study allows us to dive into these questions. In the graph that’s located on this link you’ll see on the left-hand side shows the annual income for typical, full-time workers in different metro areas. The right-hand side adjusts that figure for the cost of living in each metro area. Check out to see how much you make vs. what it actually feels like.

DIMES

a HSO!

you can find me at: @K_AnnM | Insta | LinkedIn

It’s always nice to see things you start get tweaked for the better and used on a national level. DIMES for DPhiE is one of those things for me. Back in the Spring of 2010, I created a fundraiser for my Chapter called Lincoln for Lincoln. Essentially, the fundraiser goes as follows, you write an ask letter and attach a penny (Lincoln) and you are asking for a $5.00 bill (Lincoln) in exchange. I digress, DIMES 4 DPhiE (D4D) is a fundraising initiative held during the month of March to commemorate our Founders, the DIMES: Dorothy, Ida, Minna, Eve and Sylvia. The numbers came back and we rocked it this year! The text below is an email I woke up to this morning. Congratulations Delta Phi Epsilon! 

As DIMES for DPhiE has come to a close, we would like to thank those who participated and donated for their generous contributions and commitment to the Educational Foundation of Delta Phi Epsilon.

In the 31 days of March, collegians, alumnae and friends of DPhiE were able to come together and raise over $102,528.15, far exceeding our goal of $75,000!

This support allow the Foundation to inspire and empower our sisterhood to engage in a lifetime of leadership and service. We truly couldn’t do it without sisters like you!

Sororally,
Lindsay Smith
Development Coordinator

p.s. If you didn’t have an opportunity to participate in D4D, we will be unveiling a new program this May. Keep an eye on the Foundation Facebook page for more information!

pieces of advice

Traveling is something really special. There is something nostalgic about it. When traveling, you experience culture, indexfood and people. Traveling is about the adventure just as much as it is about finding yourself. With that, I want to introduce you to Amanda. She is one of my sorority sisters who has an awesome job; not only does she encounter new lives an save people she travels. Amanda is a traveling nurse and her life is filled with many new experiences. Below Amanda writes about a few things that resonate with her and I think these things will resonate with any 20-somethings. After reading this blog post, I hope you leave with this: travel much, travel often – make it happen no matter the cost.

you can find me at: @K_AnnM | Insta | LinkedIn

Pass It On

guest blog presented by: Amanda Bentz
You can find Amanda on Twitter: @AmandaRoseBentz; insta: amanda_rose_021, make sure you follow her

“The only thing to do with good advice is to pass it on. It is never of any use to oneself.” – Oscar Wilde

I recently came across an article online titled “100 Pieces of Advice from 100-Year-Olds.” Intrigued, I found myself reading the collection of genuine, honest and somewhat humorous pieces of advice gathered from a collection of people who have lived a century. After reading advice on exercise, diets, marriage, pets, money, jobs and attitude, I paused on one that resonated with me.

 “Travel while you’re young and able. Don’t worry about the money, just make it work. Experience is far more valuable than money will ever be.”

Traveling has always been a desire of mine. I will always appreciate my roots and my small town upbringing, but I can’t help but wonder what else is out there? What am I missing if I pass up an opportunity to travel to a new location? This fueled my dream to become a travel nurse and relocate to a new hospital every three months. However, this form of travel doesn’t require extra money to be spent on my end. It’s the traveling that I want to do while I’m in a new location that costs money. As a 23-year-old with no dependents and a stable income, I feel like I am ‘young and able’ to travel. But shouldn’t I be focusing on paying off my student loans and saving money for my future?

Budgeting money is a stress that many people deal with. It’s a necessity to thrive in today’s economy. Everyone treats it differently, but I think it’s safe to say that it’s always a worry. We spend a lot of our money on tangible things that we use every day that benefit us such as groceries, clothing, gas, transportation, heat, cable, internet, etc. These are things most people consider a necessity. But traveling? That’s something that people can do without. What do you get out of traveling anyways? A week here, an extended weekend there – what’s the purpose?

“Experience is far more valuable than money will ever be.” This is my favorite part of the advice. Experience is one thing that can never be taken away from you. By traveling to new locations, we experience new things. Food, people, culture, climate, lifestyles, history – the list goes on and on. I believe that experiencing these things opens your mind and allows you to grow and develop as a person. That is something money cannot buy. That’s why I think this man is advising us to ‘make it work’. How do you do that? Well, I challenge you to figure it out.

“Now more than ever do I realize that I will never be content with a sedentary life, that I will always be haunted by thoughts of a sun-drenched elsewhere.” – Isabelle Eberhardt

social media & finances

you can find me at: @K_AnnM | Insta | LinkedIn

A few years ago I interned for a non-profit, Mobilize.org. They believe in order to create long-term, sustainable and community based solutions to the challenges facing our generation, Millennials (young adults born between the years 1976 and 1996) must authentically engage their peers in identifying problems, proposing solutions, and most importantly, must work together to implement these solutions on their campuses and in their communities. While interning for them, I had awesome opportunities; one of them being to attend an event an write a blog about it. My boss sent me to an event at AARP, it was about finances and different age groups. Take a read and let me know what you think. a few years ago I would have been heart-set on saying it was taboo to talk about money and finances among my generation, Millennials. But now I am torn. I am starting to see a divide, because we are now understanding how important fiances are.

using social media to save money

Millennials (like myself) want to talk about everything, everywhere and especially on social media. But what I’ve realized is that one thing we don’t talk about is money. However with the financial issues facing us and the country, and with the accessibility to others via social media, we should be having constant conversation on finance that would help break down barriers on what is often too taboo, even for Twitter.

Lifetuner and AARP hosted an event Thursday during Digital Capital Week to discuss how members of all generations use social media to talk about or finances. Robert Brokamp of The Motley Fool was the event moderator and the three panelists were: MP Dunleavey of Daily Worth, Melora Heavey of Feed The Pig and Kelly Whalen of The Centsible Life.

The panelists talked about how social media tools like Facebook, Twitter and blogs can impact our finances on a personal level and change the way we handle our money. We are in a world where we integrate social media in every aspect of our lives, so why not use it to help our pocketbooks? In November of 2009 Budgets are Sexy surveyed and found that 57% of young Americas consider their financial situation the biggest concern in their lives. So, how can we use social media to become more aware of our finances, from balancing a checkbook to applying for a Roth IRA or even as simple as making a budget? The answer…use it!

To bring more awareness to financial issues and to start online dialogues, we need to display concerns places where everyone is talking. For instance according to newser.com there are 600 tweets every second, totaling 50 million tweets a day, with a whopping 6 million registered users it makes sense to use social media.

Of course you’re thinking why use social media when that’s my time to relax, right? You’re saying to yourself, “that’s my outlet for de-stressing.” Well, it still can be your source for relief. Believe it or not, social media can help you save money and avoid debt – the ultimate de-stresser!

Twitter is also a great resource for savings, it serves as a customer service portal for companies and as they often post deals or coupons. You can also follow people who talk about money like @APPersonalFin, who tweets about summer fares lowering. Or you can use  Twitdom that has different applications for finance pages you can follow on Twitter like: Mint, My Mile Marker, Twinancial,TopStockTweets and Stoockr . By adding these applications to social media networks, it becomes easier to exchange ideas with more people and you can personally track your spending behavior.

Blippy.com also tracks spending behaviors, and by seeing what and how much spending you do can help you get a perspective on how much you spend and will ultimately help you get your money habits under control. Then you can use your online banking system to set up your budget.  When your target monthly spending is approaching, you’ll receive a text or an e-mail alert indicating how much money you have left for the month.

Getting information from blogs is also very helpful, though bloggers may not be experts in the field, they often share where items can be bought for lower prices – never a bad thing.

Since the Millennial Generation is active in social media but aren’t that enthused about discussing their finances, reaching them is a task in itself. If you’re writing an article to reach Millennials, remember the article should be quick, eye catching and vibrant. Use videos and bullet points and ask for instant feedback that will tell you if your message direct and captivating.

And to my fellow Millennials: let us be the generation that wants to be educated on our finances. Let us be the generation that no longer makes it taboo to talk about our money problems, because once we start seeing how many of us are dealing with the same issues, together we can start developing solutions.