Calling All Millennial Women: Your Finances Need You

In our last blog we discussed the results from the USB survey indicating the deferral of financial planning by women to their partners. If you recall, the highest demographic for this was millennial women. Millennials are famous for being an easy target for mockery but perhaps it's time for the prior generations to help them pull up their bootstraps when it comes to financial planning.

Millennials are the fastest growing group in the workforce and are dealing with the challenges of graduating during a recession and the continued wage gap. Combine these factors with the likelihood of taking time away to have children and a longer lifespan, it's more important than ever to master finances and long-term planning.

Another layer of complexity is that most millennials are raised by parents who live with high debt-ratios. Baby-boomers were raised with a fear of owing money and made a concentrated effort to avoid it and to pay it back as quickly as possible. The next generations were handed credit like candy and indulged. Learning by example may not be the best course of action, so we've compiled some advice for the up-and-coming.

  1. Spend Carefully . Along the same lines as "think before you speak", think before you buy. Evaluate what long-term benefit that item is going to bring to you. When it comes to the nickel and dime type expenses such as your daily dose of fancy coffee, invest in a fancy espresso machine at home.
  2. Build an Escape Plan. Life often throws challenges our way and true power comes from being able to choose your own path. Having some cash squirrelled away allows you to make the choices which are right for you and prevent you from returning back to what was keeping you in debt.
    1. Set up an automatic deposit from your paycheck to an account which you are not able to easily access. That way you never had the money, so you can't miss it.
    2. Funnel your wins. Instead of "treating" yourself with your birthday gifts, tax return or bonus, treat your future self by putting it into your savings account.
  3. Manage Your Debt. You've grown up in an era of credit and debts from student loans to car loans to credit cards. Make a list of all you owe and the corresponding interest rates. This will enable you to prioritize which debts you want to pay off the quickest. High-interest debts should be the first target to stop the cycle of handing your money to an institution.
  4. Save for Your Future. It's hard to look that far forward when you're in your 20's, but imagine the freedom of being able to live your life your way when you're older. With a few sacrifices, you can save now and play later.

The millennial generation espouses the importance of equality, empowerment and independence. As a millennial, it is your responsibility to implement changes in your life which align with your values. If you want to be in control of your …

Why Men and Women Avoid Personal Training With the Opposite Sex

All fitness centers are a place for many types of gym goers, this does not include bodybuilding gyms and women’s only fitness centers. All fitness centers provide personal training. There has always been some separation with male and female personal trainers. The big question here is why males and females avoid personal training with the opposite sex?

From a female personal trainer perspective, I see this male and female personal trainer avoidance quite often. First, most personal trainers are willing to work with anyone and everyone. Some may prefer older adults, men, women, children, or just athletes. In my own personal experience some older women tend to avoid male personal trainers because they feel as though they are only into body building which reduces the chances of training with a male trainer. Some women think male trainers are the “Arrogant” type. A good majority of women only want to train with female trainers because they are uncomfortable with training with men. Most women are seeking trainers that are understanding and knowledgeable. Some look for trainers that specialize in certain aspect of training such as weight-loss, corrective exercise, strength training, and do not have a preference in male or female.

The other day I encountered a gym goer while training some clients. Lets call her “Connie.” She spoke with some of my clients both male and female. She asked them about my ability as a personal trainer as well as my personality. My clients then discussed my training methods and personality. When I walked over and introduced myself she said she has been looking for a personal trainer for a while now and that I seemed like the type of trainer she wanted to work with. Of course I had to ask her why. Hearing some frustration in her voice stated she felt intimidated by the male Personal Trainers that she has seen in this particular fitness center. She needed to be trained by someone more “like her”, meaning a female personal trainer.

On very rare occasions men have come to me seeking advice on reaching goals. Granted I am always willing to assist anyone with any questions fitness related whether they are male, female, young, and old. I have had men deliberately avoid me like the plague at the gym even though they have seen me training for several months. Do the letters on the back of my uniform not state “Personal Trainer”? Am I intimidating? Do you think my years of experience and knowledge are inadequate? Am I not strong enough to spot you? “Do you think you will offend me while speaking to me?”

A few years ago while at the gym with my husband. I was spotting him on his last set on the bench press. There was a guy on the chest press clearly needing some assistance. He waited until my husband was finished and walked right past me without a word and asked my husband for a spot. I was disappointed. I may not be …