Category: Financial Planning

Pros and Cons to Borrowing Against Your 401(k)

You can think of your financial journey to retirement as a road trip. If you start in New York and plan to retire in California, you have two choices: make the trip as direct as possible or allow some

Racial Discrimination in Financial Institutions

We need more Black people in Financial Services. Banks literally hold the wealth of the country and to not accurately represent the true demographics of the economy does a disservice to those in it.

4 FREE Resources to Jumpstart Financial Fitness

Have you ever struggled with money? According to a Forbes article written in 2019, CareerBuilder found that 78% of Americans live paycheck to paycheck. There can be a lot of shame when it comes to discussing finances, so while

How to Successfully Participate in Plastic Free July

Our Trainers coach their clients to understand their goals and how to align these goals with spending. In addition to personal goals, like saving for a house, paying down debt, or taking a vacation (when it’s safe again!), there

3 Myths About The Current Housing Market

We have partnered with Ardley to bring you the latest information regarding the current housing market. Check out this post to explore these three myths about the current market and steps you can take to ensure a safe and

Negotiating Your Worth in a Pandemic

At The Financial Gym Advisors, we’re often telling our clients to “Know Your Worth”-and yes, even in a pandemic you should know and advocate for what you are worth! Negotiations can be scary, especially in these unprecedented times when

How to Make an Impact with Your Money

As Financial Trainers, we’ve had the privilege of witnessing the amazing generosity of our clients throughout the pandemic. An increasingly common question is how to donate and support charities when you’re paying off debt? So, we wanted to compile

5 Ways to Stay Active in Your Job Search During Covid-19

Your goal is to achieve a job and to be prepared for the expectations that it may come with. All this goes to say, don’t give up! Follow through with these steps to not only achieve your goal, but

How to Support the Black Community with Your Dollar and Action

It’s no question that the U.S. faces a huge racial wealth gap. The average white family has 10x more wealth than the average Black family. Bringing financial freedom to families all over the nation has always been

Black-Owned FinGym Client Businesses

Looking for new statement earrings? In search of a therapist?  Meaning to hire a business coach for the side hustle you want to grow?   We’ve compiled a list of our Black clients’ businesses so that you can discover, shop, and

How My “Sober October” Has Shaped My Quarantine Spending Habits

Back in October of 2019, I set a lofty goal for myself to abstain from drinking for an entire month. I was in the final weeks of training for the NYC marathon and I thought my body would be

Round-up of Games That Involve Money for Kids

Teaching financial literacy to children can be a daunting task, but introducing fundamental financial concepts now can set them up for a stable future. Instilling the building blocks of saving, spending and making money early on can help prepare

Top 5 Questions We Have Been Asked During COVID-19

We know that your finances are top of mind right now. You might be worried about your investments, income, or savings right now-- and we understand, finances can be frightening! We’re here to provide the answers you need when

9 Ways to Avoid Online Shopping Overload While at Home

The temptation is real to spend more money online while most of us can’t go out and about during coronavirus. Let’s just accept that. You’re probably spending more time on the internet and therefore you’re the target of more

Your Mental Health and COVID-19

As we enter May, we honor Mental Health Awareness Month. Here at The Financial Gym Advisors, we know tackling finances often comes with stress and anxiety. This year, May approaches as many of us are navigating a global pandemic

8 Tax Myths to Avoid This Filing Season

Even though tax season was extended, we still want to make sure you have all the information you need to file your 2019 taxes properly.

There are many misconceptions about taxes that can hurt taxpayers by adding to their

5 Job Search Tips During COVID-19

Here are some job search tips to keep in mind during COVID-19.

What Are The Highlights of The New Stimulus Package?

You’ve probably heard about the historic $2 trillion stimulus package that was passed last week. There has been a lot of talk about the government giving away free money, expanding unemployment benefits, changing the rules around student loans and

How To Prepare for Unexpected Unemployment

During these unprecedented times, many people have found themselves unexpectedly unemployed. Here are our tips for navigating unemployment.

COVID -19 Financial Resources For Workers and Businesses

People all over the country are experiencing economic hardships due to the novel coronavirus, or COVID-19. Many states have mandated closures of restaurants, entertainment venues, and hotels. Leaving many service workers without income and other employment benefits.

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COVID-19: How to Give Back to Those Who Need It Most

The novel Coronavirus, known as COVID-19, is affecting communities worldwide at rapid speed. As of March 18, 2020, the Centers for Disease Control and Prevention (CDC) says there’s been 7,038 total reported cases of COVID-19 in the U.S.