Girls Just Wanna Have Funds Women's Personal Finance Blog

It’s a common myth that when your die, your debts die with you. However, that is not the case. In Scotland there are only a number of ways you can get rid of debt: by personal insolvency, by the debts dying themselves because of operation of law and no longer being enforceable, and by paying them off. None of us like to think about dying – why would we? If we were to be honest, however, none of us would like to think of our loved ones being left with our debts either. In Scotland, when you die, your debts ... Read More »

  Today’s reader mail comes from Jennifer who writes: Hey Ginger, I’ll keep it short so you get all the important details.  Right now I have a full time job where I’m paid monthly.  However, my problem is that I run out of money by the last 10 days of the month.  I’m in some hot water at work because I often have to call out because I can’t get to work.  This week I was written up because I wasn’t able to come in to work because I had no money for gas.  I feel horrible and need some ... Read More »

Over the weekend I got a strange email from Bank of America:   I immediately brushed it off thinking this was a phishing email trying to get me to log into my account, divulging my information to thirsty spammers.  But something said go back in and check on that! I did.  It came from Bank of America and had all the authentic markers as having come from Bank of America.  I then tweeted Bank of America on Twitter because  I was in a rush and knew from past experience that they quickly respond to account holder issues online.   A ... Read More »

Given the state of our economy, it is no secret that foreclosures have been on the rise. In the unfortunate case of potentially losing your home, you need to understand your options. Besides foreclosure, there are four other options that may make more sense in your unique situation. Of course, each option has its advantages and disadvantages. Check out this mini guide that covers Mortgage Modification, Short Sales, Deed-in-Lieu of Foreclosure and Forbearance of Payments.   While all of these options are great, I think it’s important that you know understand the potential consequences of each option.  The infographic does ... Read More »

You’re here because you want to learn how to make money online.  And, you’re not alone.  Most people do and we all have different reasons for doing so.  If you’re like me, then you want to spend more time with family and avoid the hustle and bustle of a daily commute.  For others, making money online means owning their time and not having to answer to anyone else. Now you may be asking, how can I really make money online?  Is it legitimate?  Is it possible?  Yes and yes.   You can make money online and there are tons of legitimate ... Read More »

Even with the women power chatter about the feminist movement in the quest to be equal, women are still making less than men!  You’ve heard it before, we still make about .77 cents for every $1.00 that a ma makes. “Women still earn just 70 cents for every dollar a man earns.  It’s worse for African American women and Latinas.” — President Obama, Remarks on Equal Pay for Equal Work, June 4, 2011  (The White House later corrected the president’s statement to 77 cents.)  “Women earn only 77 cents for every dollar men earn, with women of color at an ... Read More »

Over at the ImprovementCenter, I’ve published 2 new articles about why you may not be getting the lowest mortgage rate and what to consider when taking out a 203k loan.  Check them out! Taking on a rehab? Think about a 203k loan One application: The 203k loan allows you to apply for general financing, in addition to the funds needed for the rehab, in one loan. The alternative is to go through the typical mortgage closing process and then secure funds elsewhere for your renovations through other financing. This loan lets you wrap it all up in one application process. ... Read More »

If you’re new to budgeting and looking for a system to help you manage and control your spending then take a seat because this article is just for you. As you review different ways to manage your money, you may have come across envelope budgeting which is an excellent tool to do this when you’re just starting out or need to be more disciplined about your money management. What is envelope budgeting? It’s pretty simple.  At the beginning of the month or at each pay period, you divide your paycheck/income into categories to be placed in envelopes that you’d spend ... Read More »

“You’re a non-muthaf*cking factor BITCH!” This is probably what Evelyn Lozada is most known for on Basketball Wives along with slapping a b*tch upside her head if she even looked at her the wrong way.  Yea, that’s her. Before her appearance on Iyanla Vanzant’s show, I did not like Evelyn’s personality.  Still, I loved her confidence, swag and all around bad girl attitude.  It’s the attitude that if you don’t like me, who cares with an added beat down for good measure. She took it one step further commencing to beat the tart, literally, out of anyone who dared to ... Read More »

Our friends at FOX Business – Stocks Editor Elizabeth MacDonald, shares with us tips on how to save given the rise on food and gas prices. The Labor Department reported today that consumer prices rose last month by the most in three years.  Higher gas prices were responsible for about 80% of the increase, and food prices rose 0.2 percent. Nothing tests the sanity of the ordinary American than seeing gas prices steadily climb at the pump, or food prices inexorably rising at the cash register. I’ve been at both, and the experience is teeth grinding, my molars are almost ... Read More »

Period. Don’t complain about not making money when you give away services for free.  Here’s a tidbit I want all women out there to know:  We work?  We get paid.  There is no such thing as a free service.  Nothing is free, it all comes at a price!  Today’s rant is courtesy of Social Dialect:  Helping You Speak Our Language with the article:  Just Say NO to Blogging Contests (and other rules about compensation for blogging) I will preface this by saying: This article mainly speaks to bloggers, however it applies to any business owner. I don’t like blogging contests, ... Read More »

“Sure, you can stay with us”  I knew I’d regret saying this but didn’t want to think things would go south.  And, they did over 10 slow and agonizing months. During the summer of 2011, I allowed a good friend to stay with us along with her 2 year old.  Right there, I know you’re saying, “that’s where you went wrong” – I know.  My friends and family members warned me about allowing her to stay with us but I went ahead against my better judgement.  Little did I know they were right. When I said yes, I did so ... Read More »

You’re probably sick of all of the #FINCON12 recap blog posts but here I am with another one! If you saw #FINCON12 trending this weekend on Twitter then you know that a bunch of nerdy personal finance bloggers got together for what some have called the Woodstock of personal finance.  We came,  we saw, strategized, partied and of course many of us are now at home developing our blog strategies for the next year. I’ll get into the awesome people I met later but I do want to spend a bit of time talking about a consistent theme throughout the ... Read More »