Category: Personal Finance

Introducing: Monarch Money at The Financial Gym Advisors

We have HUGE news that we’ve been so excited to share with our audience… *drumroll please* The Financial Gym Advisors has officially partnered with Monarch Money, our favorite budgeting and personal finance app that makes managing your money (and hitting

What To Do After A Natural Disaster

This comprehensive guide brings together the most important resources to help you and your loved ones recover and rebuild. From immediate shelter assistance and financial relief to navigating insurance claims and accessing government support, we've organized critical information

Laid Off? What To Do When You Get Laid Off

With economic uncertainty and corporate restructuring becoming increasingly common, more workers are facing this difficult situation. While it may feel like your financial world is crumbling, having a strategic plan can help you navigate this transition with confidence

7 Days of Financial Revolution

7 days of small actions you can take to save money and participate in financial activism.

With the increase in the frequency and severity of climate crises, it’s never been more important

How Much to Give For Holiday Bonuses

With the holiday season right around the corner, employers are starting to think about ways to reward their teams with holiday parties, surprise gifts, and highly anticipated holiday bonuses. But employers aren’t the only ones who can show appreciation

How to Give Gifts Without Going Broke

Some people love giving gifts, but giving indiscriminately can interrupt the giver’s own financial progress. When gift-giving is a strong part of your identity, that is likely reflected in your spending. If you start to feel like your tendency to

3 Ways to Practice Gratitude this Holiday Season

As the holiday season kicks off tomorrow (Happy Thanksgiving!) we just wanted to remind everyone that there are always ways to practice gratitude (even during the crazy, tumultuous year that we have had!).

What Type of Money Avoider Are You?

Money avoidance is a common problem, especially among the younger generations — according to a Discover survey, 41% of Gen Z and 27% of Millennials avoid looking at their bank account balances. This reaction is natural, but allowing it to

What Is a Tariff? And How Could Trump’s Tariff Plan Affect You?

Post-election, the word “tariff” has entered our daily lexicon. We have politics to thank for that—according to the Tax Foundation, President-elect Trump has promised a 10-20% tariff on all imports, a tariff of at least 60% on Chinese imports,

4 Myths You’re Telling Yourself About Your Finances

Finances are among the leading stressors of modern-day life so it's important to get a clear understanding of how it guides our decisions. You may have been telling yourself the same scripts about your capabilities when it comes to your finances.

6 Ways to Get Control of Your Spending

One common theme we hear from clients is that they don’t know where their money is going or don’t feel in control of their spending. Luckily, this is a solvable problem! Here are six ways to gain control of your

What Is Financial Fear? And How to Manage It

It’s spooky season! And do you know what can scare us even more than creepy ghosts and killer clowns? Our finances! Many people would rather walk through a haunted house than look at their credit card bill or retirement

Prenuptial Agreement: What Couples Need to Know

Couples need to have many important discussions before walking down the aisle, and the topic of signing a prenuptial agreement can be uncomfortable for some. Many couples struggle with discussing finances in general, so adding a layer that’s

How to Talk to Your Aging Parents About Money

Whether you grew up in a financially transparent household or talking about money was considered taboo, navigating a conversation about your aging parents’ finances can feel hard. In fact, according to a GOBankingRates survey, 73% of

4 Steps to Start Preparing for the Holidays

Even though the holidays happen at the same time every year, they have a way of sneaking up on us. Imagine waking up on Christmas morning knowing that all the gifts under the tree and food in the fridge have

When Is Leasing a Car a Good Idea?

When your car is on its last leg and it’s time to start looking for another vehicle, you may wonder which is better: leasing or buying? The answer: it depends. Leasing a car has many short-term benefits but long-term drawbacks.

What to Consider Before Buying Now and Paying Later

We are in the full swing of summer! At the Gym, we know this is the peak season for all things outdoors. It's usually the case that we all let off the gas on our financial road trip. Purchases are

How to Build an Emergency Fund (And Why You Need One)

When emergencies happen, your whole life can be put on hold. You have a death in the family, your car gets totaled or you find out quite unexpectedly you’re getting let go. These are considered emergencies because they must

How to Get Out of a Spending Shame Spiral

Have you ever felt bad about your spending and then spent even more money to make yourself feel better? If so, you, my friend, have experienced a spending shame spiral.

While it may seem counterintuitive, spending shame spirals are

What to Know About Sales Tax Holidays

We’ve all heard the saying, “Nothing is certain except death and taxes,” but millions of people can avoid taxes for at least a few days each year through a sales tax holiday. Read about what a sales tax holiday is

6 Tips On How to Reposition Yourself After a Job Loss

Maybe you saw it coming, maybe it blindsided you, but it happened: you lost your job.  Whether it’s from a change in the industry, a layoff due to company finances, or even something specific to you and your role,