Adapting Money Skills to Life Changes
Posted by Mary | Filed under Videos
Going from single and able to splurge on you and only you- to married- to homeowner- to parents of 3, that is what I call a life change! Sometimes all of our habits and coping mechanisms don’t change as quickly as our lives do. That is what Kelly and Steve discovered.
My thanks to the Woronicak family. It was a pleasure working with you!
Tags: abc, livewell tv, mary caraccioli, money behavior, we owe what
Caught in a Credit Crunch
Posted by Mary | Filed under Videos
I wish I could tell you the Miller family is an extreme. But their money troubles are similar to millions of Americans. They took on a lot of personal debt when credit was easy. Then things changed. When the economy tanked, so did their business and the value of their home. Now it is worth less than they owe. Like so many others, their money was caught up in a perfect storm. But they are ready to recover!
Thank you Courtney, Luke and the amazing Miller children!
Tags: abc, credit, debt, mary caraccioli, we owe what
This Week: Fighting Crushing Debt
Posted by Mary | Filed under Announcement
If you or someone you care about is being emotionally crushed by mounting debt- they need to see this week’s episode of “We Owe What?” my new show on the LiveWell TV network. The Miller family shared their story that is all too familiar in the USA. Their home is worth less than what they owe, they have personal and business debt from a failed business and the creditors don’t want to hear that there are 4 kids involved.
Catch this very special episode Saturday at 5:30pm and Monday and Thursday nights at 7 and 7:30pm
Check out LiveWell’s site for local listings (left side of the homepage where it says sign up stay informed). Here is a link: http://livewellnetwork.com/index Thank you for watching and supporting my efforts to help all of us get better control over the money part of our lives!
Tags: debt, livewell, mary caraccioli, we owe what
Paying the Bills vs Playing with the Kids
Posted by Mary | Filed under Videos
Meet the Lafferty Family. Their energy and enthusiasm for getting a better grip on their money issues made them a great family to work with.
As always I want to hear from you. Share your ideas with our community. Thanks for watching!
Tags: abc, livewell, mary caraccioli, money, we owe what
New Episode this week
Posted by Mary | Filed under Videos
If you have big dreams but a budget that can’t keep up- then you will love the newest episode of “We Owe What?”
Thank you Tammy and Ed!
Tags: livewell, mary caraccioli, we owe what
How to Budget (for people who hate to)
Posted by Mary | Filed under Budget
Budgets can be intimidating. You think you need to be proficient with a spreadsheet and be great at math. Worse yet, I hear from folks that they don’t do budgets because they are too restrictive and will prevent them from living their dream. I want to tell you that none of those things are necessarily true.
Creating a budget can be done on a piece of paper with a pencil and grade school addition and subtraction made even easier with a calculator. And as far as being restrictive, I see it differently; budgets empower you to live the life you want by forcing you to prioritize.
I created a budget for the Lafferty family, who we featured on my new show “We Owe What?” and showed them that a budget allows them to but their priorities- their kids- first. Read the rest of this entry »
Tags: abc, mary caraccioli, we owe what. livewelltv
Mary and Social Media
Posted by Mary | Filed under Announcement
I am very excited about my new show. It is a great way to learn about money while enjoying a reality show. You get the tips not the preaching! I will also be sharing many of my tips with you on social media sites like facebook, twitter and youtube.
Here is how you can find me on those sites
twitter/marytalksmoney
https://twitter.com/#!/marytalksmoney
facebook/Mary Caraccioli
https://www.facebook.com/pages/Mary-Caraccioli/287501997607
facebook/We Owe What
https://www.facebook.com/WeOweWhat
YouTube
http://www.youtube.com/user/MaryandMoney
Tags: abc, livewell, mary caraccioli, we owe what
A 5-Year Plan for You!
Posted by Mary | Filed under Budget
The 5-Year Plan by Mary Caraccioli
Many businesses have 5 – 10 or 15 year plans. But very few individuals or families do these types of plans for themselves. I want to change that! I think they are so useful in so many ways. I have broken these benefits down to the 4 P’s.
1) Prioritize
2) Plan
3) Pay
4) Picture
Start with the 5-year plan. You make a list of all the things you expect will happen in the next 5 years, births, birthdays, vacations, graduations, career changes, raises, pay cuts, reunions, new cars, appliances, house maintenance, etc. Next, write down your current expenses.
Now all you have to do is plug in the years (see the document below to see how I did this for the Carolus family).
Writing down and then agreeing on what your family will fund for the next 5 years allows your family to prioritize. What matters to each of you? When I met with the Carolus family for my new show “We Owe What?” there was some debate between Tami and Ed as to where they wanted to put their money. This type of debate is great and so important. It is key here to listen to everyone invited to the discussion. When I say listen, I mean really listen- don’t just assume you know what they are going to say and shut down. Insist that you are granted the same courtesy.
Get the kids involved too! Tami and Ed were surprised to learn that their daughter Beth put volleyball over racecar driving. What you will get from the discussion is buy-in from the whole family. Everyone knows how and why decisions were made.
This allows you to plan. Will you need extra funds in 3 years to pay for that new roof? Do you want to retire earlier? Seeing exactly where you are financially the year you want to act on something is fabulous. You will see “yes I can afford it” or “I need to work a side job to make that happen” – either way you are empowered and determining your own destiny!
The plan allows you to see how you will pay for things. Do you have enough in savings, or should you cut something else out so you will have enough? Is this something you want to buy on credit- then how much of a burden will that add to the years ahead? You will see it all!
Finally, this is a place for you to dream to picture the type of future you want and then come up with the best plan to pay for it. I encourage families to picture their future – it makes the work we do today easier because we are reminded of why we are working so hard!
Tags: abc, livewell tv, mary caraccioli, we owe what
Mary’s New Show Starts This Weekend!
Posted by Mary | Filed under Videos
Hi everyone and Happy New Year! I am please to announce that my new show will debut this weekend.
Here are a few promos describing the show. You will get a chance to see just a few of the families I have had the privilege to work with! My thanks to them all!
( viewing tip- there are a few seconds of black in between each promo. )
Tags: livewelltv, mary caraccioli, we owe what
FYI Talks About Mary’s New Show “We Owe What?”
Posted by Mary | Filed under Videos
My pals at 6abc’s FYI Philly gave me a great shout out this week. Take a look!
Thank you Karen, Adam, Don and Marilyn!
Tags: fyi philly, livewell tv, mary caraccioli
