Next Door Chicago

10/30/2020

After 9 years of serving the greater Chicago community, we are closing our doors. We're grateful to every person who supported our vision of building stronger, healthier communities through fiscal fitness. It's been an honor coaching, learning and innovating with you.

10/29/2020

This Halloween, overcome your financial fears and talk to a Financial Coach at Next Door (we don't bite!).

You can come as you are, define your goals, and leave with a plan without any judgment or sales pitch. And every session is virtual, so you can meet with us wherever you're comfortable.

So don't be scared to meet with a Financial Coach! Email [email protected] to sign up for a virtual Coaching session.

10/28/2020

Halloween is around the corner and Next Door's Financial Coaches are here to provide you with financial tricks and treats that can help you meet your financial goals. Email [email protected] to sign up for free virtual Coaching sessions.

10/27/2020

October is National Book Month. So before we close out October, get your reading list prepped for cozy-time in the fast-approaching winter months. Here are some recommendations from some of our Staff:

Financial Books:
Why Do Smart People Make Big Money Mistakes and How to Correct Them by Gary Belsky and Thomas Gilovich
Smart Women Finish Rich by David Bach
The Index Card: Why Personal Finance Doesn't Have to be Complicated by Helaine Olen

Other Books:
The Southern Reach Series by Jeff Vandermeer
Emotional Intelligence by Daniel Goleman
Ego is the Enemy by Ryan Holiday
Tiny Habits by B.J.Fogg, PHD
Atomic Habits by James Clear
All the Light We Cannot See by Anthony Doerr

What are some books that you recommend?

10/26/2020

In the midst of Halloween week, today marks National Pumpkin Day. This favored gourd can be enjoyed in a variety of ways from recipes to craft ideas. There are many traditions revolving around pumpkins, like baking a pie with your family, or going to a pumpkin patch with your friends. 2020 has been challenging, but traditions give us new hope. A growing tradition that is upon us is the Thankful Pumpkin. The pumpkin showcases all the things you are thankful for. Our team collaborated on our own. Count your pumpkin seeds and blessings this season. Leave a comment and let us know what you are thankful for.

10/26/2020

Check out Delphina's story from Turning Points Magazine, Arizona State University's Native student magazine, and learn about the importance of building an emergency fund and how to get started.

By: Delphina Thomas

10/23/2020

End-of-year discretionary spending can quickly spiral out of control. Here’s a look at common mistakes, and some tricks to help you create and stick to a holiday budget.
st8.fm/holidaybudget

If you're already stressing about holiday expenses, that's exactly what Next Door State Farm wants to help you with! Send us an email at [email protected], and we'll get you connected to a Financial Coach who won't judge you or sell you anything (and it's totally free). Got a friend who could use some help? Send them our way, too!

Balancing discretionary spending, such as holiday gift giving, can be tricky. Even if you know how to create a budget, spending for people you love can spiral out of control. Read on for common overspending causes and learn how to do better.

10/22/2020

When it comes to saving for retirement, the earlier you start, the better. Giving your money more time to grow will help you benefit from compounding interest over time. Starting early can be the difference between retiring early or having to work longer than you intended.

Need help getting started? Get a free Financial Coach at st8.fm/coach or email us at [email protected].

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10/21/2020

Many of us want to retire someday. Well, when it comes to preparing for this transition, consider these five factors you may not have thought about. They can play a big role in meeting your retirement goals.

1. Cost of living in your retirement destination
2. Part time work during retirement
3. Lower housing costs, higher medical costs
4. Inflation
5. Higher or lower future income tax rates

10/20/2020

Thinking about your retirement savings? Start with these common milestones to help ensure you're on the right path: st8.fm/decades

Help take the guesswork out of prioritizing your lifelong financial goals with this infographic that categorizes retirement goals, short-term goals, and other financial to-do's by age.

10/20/2020

This week is National Retirement Security Week. According to a 2018 report by the Federal Reserve, 44% of non-retired adults don't think their retirement savings are on track. Make sure that you aren't neglecting your future self, by not saving enough money today.

If you need help, our Financial Coaches would love to meet with you, and all of our virtual sessions are FREE. Email us at [email protected].

10/14/2020

Getting in physical shape requires discipline and accountability. So does getting in financial shape. Whether you're a casual jogger, a personal trainer, or a professional athlete, what budget-friendly fitness tips do you have for maintaining a healthy lifestyle?