Finance 28 December 2018
The year is over. At this point, many of us put off any changes we might be thinking of making until after the New Year. But why wait when you can start now? There's still time left to achieve some reasonable but meaningful financial goals before the calendar flips to 2019.
Check Your Credit Report
If you haven't checked your credit report yet this year, you may want to before the year ends. All three credit bureaus – Experian, Equifax, and TransUnion – offer free credit reports annually. Even if you have checked your credit report at some point during the year through one credit bureau, it's not a bad idea to check another before the year is over.
Checking your credit report is an important habit to get into. It will allow you to get a better grasp on your financial habits and what is affecting your credit score. It will also help you spot any errors. If there is a mistake on your credit report, your credit score may be getting unfairly docked. When you spot a mistake, you should first approach the credit card company to see if it can be resolved. If it can't be resolved, you may want to consider filing a dispute. Checking your credit score at the end of the year is also an excellent way to decide what financial goals you may want to set for yourself in the New Year.
Review Your Budget
You certainly don't need to wait until January to take a look at your budget. Realistically, you'll only need to set aside a few hours to go through it, if that. Again, even if this is something you've done at another point during the year, it's wise to revisit it to ensure you're on track. Spending tends to vary by season, so you may have strayed from your budget since the last time you checked.
First, gather all the materials you will need to track what's coming in and going out each month. Then, decide how you're going to record everything. Go with what you're most comfortable with, whether that's writing things down by hand, keeping digital records, or using an app. Be sure to include everything. If you have supplemental income outside of your primary employment, add that. And on the other hand, be sure to keep track of every bill and expense that's going out. Once you see the numbers, you'll be able to see what your situation looks like and whether there are areas where you can cut back.
Give Your Debt Some TLC
At this time of year, a lot of us are adding to our debt rather than subtracting from it. Instead, take the end of the year to review where you are with debt. How much do you owe? How many different accounts do you have? Are you making progress the way you want to be? By answering these questions, you'll have a better idea of what your situation is heading into the New Year. Then, you'll be able to create an actionable plan going forward.
If you've already had a plan in place, take a look at whether you need to make any adjustments. Additionally, ask yourself if you had a solid plan set and didn't stick to it. How will you hold yourself more accountable in the future? Does the method need to be altered to suit your situation better? Carefully examining and asking yourself questions about your debt will allow you to have a clearer vision heading into the New Year.
Check-In On Your Retirement Savings
If you've been having retirement contributions automatically deducted from your paycheck all year, you may have neglected to check in on how your retirement is actually doing. The end of the year is the perfect time to take a look. Gauge whether you've saved as much as you'd hoped by this point. Ask yourself if you're contributing as much as you can afford. Also, consider whether you're contributing the maximum amount your company will match. If you can manage to up your contribution, that may be an excellent goal to set for yourself for the New Year. The sooner you start saving for retirement – and the more you save early on – the better off you'll be. Because of compound interest, you'll need to contribute less the earlier you begin to save. If you haven't begun saving at all yet, look into the steps you'll need to take to start saving before the end of the year.
We're in the home stretch of 2018. And by nature, the end of the year is a great time to recap how things have gone for the past 12 months – in every aspect of life. When it comes to your finances, you don't need to wait until the calendar flips to start accomplishing things. Many tasks that can improve your financial health don't take much time at all. By taking the time to achieve these goals before the year is over, you can position yourself for a strong start to the New Year. You'll know what your financial situation looks like, and you'll have an idea of what your resolutions for next year should look like.
3 Min Read
I am a proud Black business owner carrying a line of lip colors for the woman who wants to shine. At Vatarie Cosmetics you can find cruelty-free and vegan lip care products, including clear lip gloss and liquid matte lipsticks. The line is still under development, so there are more products in the making that you'll hear more about soon!
My products are high-quality and it is my dream to take my brand into high-end storefronts across the nation and even across the globe.
I have worked my way into my entrepreneurial career as I did not come from money. The goal of my cosmetic line is to bring excitement to everyone who tries the line. My products are high-quality and it is my dream to take my brand into high-end storefronts across the nation and even across the globe. I believe that with added makeup and a good set of threads, anybody can confidently face the world. I am a proud and firm supporter of the Black Lives Matter (BLM) movement and a proud member and supporter of the LGBTQIA community.
There have been plenty of hardships that I have had to face throughout my entire life, the most recent being the recent death of my father who passed far too soon. I have never allowed these hardships to deter me, and won't start now. I will continue to progress and work hard to build my business, knowing that this is what my father would have wanted.
About the Vatarie Line: What It's All About
Upon launching the line, I had the mission of inspiring every human to find their inner beauty and to have fun along the way. With this in mind, my products are designed for people of all genders, races, religions, and creeds. The Vatarie line will have more to offer customers very soon as I am continually working on developing products and expanding the line. In addition to the lip colors currently offered, the line will soon include highlighters, eyeshadows, and new lip gloss additions.
I believe that no one needs makeup to validate themselves, and we are all beautiful on our own. I do believe, though, that makeup can make life a lot more fun. Now more than ever we are living in a world where there is so much sadness and darkness. Sometimes all we need to change our moods and get away from that darkness is something to help us feel better and more vibrant — this is where a pop of makeup and a well put together outfit can really make an impact.
Now more than ever we are living in a world where there is so much sadness and darkness.
I encourage everybody to embrace their inner beauty and inner style, and express themselves no matter what. My line of products is inspired by high fashion and designed to make a bold statement. The running theme across my products is empowerment at every stage and level. I create products that make my customers feel happy, and I ensure I am happy myself with my products before I release every single one. There is no place for cutting corners as I believe in producing the highest quality product.
I bring my sense of humor and quirky personality into my products and you can see this in the names of each item. Take the lip color "Blood Money," which signifies all the money, tears, sweat, and yes, blood that was put into the brand. Let me tell you, it was hard work, and it still is hard work, but at the end of the day, it fulfills me to know the type of quality I am providing. It gives me great pride to create a line of legendary products that will positively affect someone and bring them to a place of self-love and acceptance.
About the Past that Gives My Business Meaning
I have struggled over the years with mental abuse that has left me feeling as if "I wasn't enough." Added to that, being a Black woman in an industry that is predominantly dominated by other races, I had to work harder to get to where I am today.
Coming from a broken home, my family struggled with addiction, making my entire childhood a miserable nightmare. My mother abandoned us as she was being physically abused, and it was up to us the kids to do everything necessary to take care of the home and each other. We eventually ended up living with my grandmother in Miami, Florida. At a very young age, I had to endure physical and mental abuse and was locked up. At the age of 22, I lost my younger sister to gun violence and found myself raising her one-year-old son as my own.
Being a Black woman in an industry that is predominantly dominated by other races, I had to work harder to get to where I am today.
While my past was a rough one, it is what has made me the strong, independent, and vibrant woman I am today. That woman strives to be her best every day and works tirelessly to provide a line of only the best cosmetics products. I couldn't see this while I was living through those bad situations and struggling to grow up, but I can look back and see how I was made more resilient because of my hardships.
As I grieve over my father's recent passing, I become stronger. It is this added personal strength that will push me forward in everything I do and will be reflected in my work ethic and in the development of new products for my Vatarie line of cosmetics.