When we think of what inspires us or the qualities that capture our ultimate muse, the words "budget," "saving," or "financial expert," don't usually top the list. Alexa Von Tobel is the brilliant #MondayMuse whose business savvy and passion for finance literary, particularly among women, has changed that. Von Tobel is the CEO and Founder of LearnVest, a financial planning company that offers online tools for tracking expenses and saving. She is also the NYT best-selling author of Financially Fearless, a guide to cultivating stable spending habits without giving up your daily luxuries.
Managing finances can be a daunting task, but one that can free up your life in so many ways. Von Tobel teaches us how to take control of the money we have in the bank using a simple method called the 50/30/20 plan. By customizing your own plan, you break down how to spend your take-home pay each month: The 50 gets the essentials out of the way so you don't have to stress about them. The 20 sets your foundation for the future, then the 30 is left to spend on the things that bring happiness to your life.
This week, we are thrilled to share our admiration for Alexa Von Tobel and the importance of gaining control of your finances for a stronger, more stable life.