The Financially Free Blog

Kadri Augustin, Certified Financial Trainer Kadri Augustin, Certified Financial Trainer

S. Corp vs LLC: What is the difference?

Some big questions that freelancers, self-employed workers, entrepreneurs, and individuals who dream of starting a business always ask themselves; should I incorporate? How do I do that? When will I know if it’s the right time? What type of corporation should I be? And down the rabbit hole they go. It can be overwhelming! My goal here is to help pull back some mystery surrounding two very common business types. Let’s get into it.

Read More
The Financial Gym Team The Financial Gym Team

Financial Gym Client Woman-Owned Businesses

One of our favorite parts of our community is getting to learn about all the amazing things our clients are doing. To round-out Women’s History Month, we have decided to share some of the businesses owned by women in our Financial Gym community.

Read More
Myriam Robinson, A Certified Financial Trainer Myriam Robinson, A Certified Financial Trainer

Healthcare Considerations for Those with Developmental Disabilities

In our previous blog post, we covered the financial opportunities and challenges for people with developmental disabilities. However, proper healthcare coverage is another crucial part of becoming financially healthy. There are details to consider for people with developmental disabilities, like Medicare, Medicaid, special state services, access to specialists, and long-term care.

Read More
Becca Andrews, A Certified Financial Trainer Becca Andrews, A Certified Financial Trainer

What You Should Learn From Finance TikTok and What You Absolutely Shouldn’t

TikTok has brought us many things, from quarantine olympics to happy, happy dogs to Dadosaur. Now it’s bringing bite size financial literacy to the masses, or at least to those who frequent finance TikTok. But not all finance TikToks are created equally, so here’s our thoughts on what you should learn from financial TikTok and what you absolutely shouldn’t.

Read More
Terri Bennett, A Certified Financial Trainer Terri Bennett, A Certified Financial Trainer

4 Important Things to Know About Medical Debt

Millions of people in the US have medical debt. It is particularly easy to find yourself in because healthcare in the US is more expensive than anywhere else in the world, the system is difficult to understand, and the pricing for procedures and services is often opaque. On top of that, many of us find ourselves uninsured or underemployed at some point in our lives and have to pay large amounts of our healthcare costs out of pocket.

Read More
The Financial Gym Team The Financial Gym Team

6 Ways to Teach Your Kids About Money

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 increase prepare your children to be financially wise.

Read More
Chandra Savage, A Certified Financial Gym Trainer Chandra Savage, A Certified Financial Gym Trainer

The Black Vintner

Although everyone on our team has a passion for personal finance, many of our teammates' life goals are what drives our passion!

Read More
Shannon McLay, Founder and CEO Shannon McLay, Founder and CEO

Message from the CEO - Help for a Community I Love

We are thrilled to introduce the Giving Broadly x Financial Gym Scholarship! In partnership with Dana Cowin of Giving Broadly we are sponsoring a limited number of six month Financial Gym memberships (a value of $600) on a first come, first served basis to those in the restaurant community. Whether you are an owner or a busser or everything in between, our Financial Trainers are here to help you create a solid foundation for now and in the future.

Read More
Mary Whiteside, A Financial Gym Client Mary Whiteside, A Financial Gym Client

Everything you need to know: The Home Buying Experience

One of our awesome clients, Mary Whiteside, put together this awesome guide after purchasing her first home that features everything you need to know when purchasing a home for the first time.

Read More
Jenny Harp, A Certified Financial Trainer Jenny Harp, A Certified Financial Trainer

8 Books to Help You Better Your Relationship with Money

It’s the beginning of a new year, so it’s time for those new year's resolutions to kick in right? Whether it’s for your health, to read more, to travel more (hopefully we can do this!), and many others I hope that one news year's resolution is to make sure your finances are in order.

Read More
The Financial Gym Team The Financial Gym Team

5 Awesome Goals Our Clients Have Accomplished This Year

Although 2020 has been a challenging year for many, it’s still important to reflect upon some of the good that has happened in the past year. For this, we turned to some of the cool and impressive things that our clients have still been able to accomplish, despite everything 2020 threw our way!

Read More
Terri Bennett, A Certified Financial Trainer Terri Bennett, A Certified Financial Trainer

Why Remote Work Might Complicate Your 2020 Taxes

Tax season always brings up a lot of questions. Should I file jointly or separately? What’s the difference between an AGI and a MAGI? Which expenses can I deduct? The last few years have thrown us a few curveballs as well, since the Tax Cuts and Jobs Act eliminated a number of exemptions, among other changes. This year, with so many employees working remotely, more confusion may arise as workers struggle to make sense of how to navigate working out of state.

Read More
Victoria Sechrist, Chief Economist at The Financial Gym Victoria Sechrist, Chief Economist at The Financial Gym

What's Going on with My Student Loans?

For more than nine months, most people with Federal student loans haven’t been required to make monthly payments because of the coronavirus pandemic.

Read More