Author Archives: femmefrugality

Fundamental and Technical Analysis Compared

Chart showing that life sucks less as time goes on. paper sitting on a wooden table with a silver ruler, gold pen and notecards in background

When you’re investing in the financial markets, it’s not possible to accurately predict what will happen in the future. Instead, investors rely on technical and fundamental analysis to make informed decisions.

Fundamental analysis involves looking at the economic and financial data, then using this information to estimate what will happen in the future. Technical analysis, on the other hand, relies on mathematical calculations to help the traders estimate how the price will move. This article will compare the two types of analysis.

Fundamental Analysis

A good way to explain fundamental analysis in forex is to give an example of two countries. Country A has a thriving economy with falling unemployment, increased productivity, and an improved manufacturing sector. Country B, however, is not doing well. Its unemployment rate is rising and the economy is slowing.  If you choose to invest in either of these two countries, you would probably prefer Country A. And if you invest there, the demand for its currency will go up, which will make its value rise.

In fundamental analysis, traders receive different types of economic information, and their role is to interpret how the it might affect the market. Examples of economic data that moves the market are employment numbers, manufacturing activities, inflation, and interest rates. Political news like an election or a change in key government ministers can also move markets.

Technical Analysis

This type of analysis relies on indicators that are derived from mathematical calculations. There are three main types of indicators. First, trend indicators are used to show the formation of a trend, or when a reversal is about to happen. Examples are moving averages, parabolic SAR, and Average Directional Index. Second, oscillators are used to identify the extremes of asset prices. Examples are the Relative Strength Index, Stochastics, and Relative Vigor Index. Third, volume indicators are used to measure the activity of the market. Examples are On Balance Volume, and Accumulation & Distribution. While these indicators are derived from complex mathematics, it is not necessary for a trader to understand the mathematics behind them.

Applying the Two

There are traders who believe in combining the two types of analysis and traders who prefer to use them separately. For example, Warren Buffet believes in using fundamental concepts when investing. His method is to buy good quality undervalued companies and hold them for a long time. He does not apply technical analysis. On the other hand, fund manager James Simmons, who manages more than $30 billion of assets, believes in technical analysis. The same is true with many other quantitative-focused traders.

Technical analysis is ideal for traders who are focused on the price and profiting for the short-term. Their goal is not to understand the fundamental details of the assets; instead, the technical analysis of the price. If the technical indicators show that an asset will move up, they buy and then exit once that goal is reached. However, even for them, it is important to have a brief understanding of what is going on in the wider market.

Fundamental analysis is also ideal for day traders, swing traders, and long-term traders. For example, a day trader can use the economic calendar to make a trading decision when the US Federal Reserve is releasing interest rates decision or when a company is releasing its earnings. Long-term traders on the other hand can use the economic data to determine whether a currency pair or asset will continue doing well.

Final Thoughts

It is important to understand these two types of analysis. Even if you just focused on price, understanding the fundamentals will help you avoid making simple trading mistakes. For example, it will help you avoid initiating a trade when a major data is about to be released. For long-term traders, having a good understanding of technical factors can be an asset, too.

#Win Tickets to Rosie Revere, Engineer in #Pittsburgh

Classroom with students and a teacher sitting for instruction on a stage. Below that is a green spaceship. Below the spaceship it reads "March 31-April 7 Pittsburgh Cultural Trust"

What’s this?

Another ticket giveaway from Pittsburgh Cultural Trust’s family-friendly theater series?

Why, yes. Yes, it is. There’s so much good theater coming up right around the corner that we actually have not one, but TWO live giveaways for some amazing shows. The first is Leo–a mind-bending performance that plays with gravity and illusion. Read more about the show or enter to win tickets to Leo here.

The second is Rosie Revere, Engineer.

Swoon, my feminist heart.

Rosie Revere, Engineer.

Here’s what you need to know about the show, which is coming to various locations for a total of nine performances throughout the Pittsburgh region between March 31 and April 7, 2019:

Ms. Greer’s classroom includes three inquisitive out-of-the-box thinkers. Rosie Revere has big dreams, Iggy Peck has a relentless passion for architecture, and Ada Twist’s curiosity can drive her teacher crazy. A fun new musical based on the books Rosie Revere, Engineer, Iggy Peck, Architect and Ada Twist, Scientist by Andrea Beaty which spotlights the STEM curriculum (focusing on science, technology, engineering and math).

Content Information: This event is designated for younger audiences and is recommended for children and adults ages 4+. This show features acting, movement, music, singing, and comedy. The theater is darkened during the performance with light and movement occurring on stage.

Win tickets here!

If you know  you want to see the show and don’t want to leave your attendance to chance, you can purchase tickets here. They start at just $12.

However, Femme Frugality is hosting a ticket giveaway for this show in collaboration with the Pittsburgh Cultural Trust! You can use the widget below to enter for you chance to win a package of four (4) tickets to see Rosie Revere, Engineer when it comes to Allegheny county.

The giveaway will be open through March 25th, 2019. Best of luck to all!

a Rafflecopter giveaway

Stage performance of a classroom full of children paying apt attention to a teacher outside of the shot.


#InternationalWomensDay2019 PF Blog Tour

Hey, guys! March 8th is International Women’s Day. To celebrate, I got together with some fab personal finance bloggers to arrange a blog tour. Each one of us answered the question, “Why is financial independence important to you as a woman?”

Keep scrolling to read Robin’s piece. It’s deep, and will definitely leave you thinking about money on another level.

Want to check out other posts in this blog tour? You can do so here:

As an Asian immigrant woman, I have to survive on my own and have learned not to use my background to lower my ambition.”

Elise on brokeGIRLrich

“When we were fighting over where to live, he ended the fight one day by just going out and buying a condo.”

Mel on Mastering the Side Jam


“You’re forced into poverty. You learn to get by on what little you have. There is no pathway to financial independence. And that’s not okay.”

Femme Frugality on A Dime Saved

“Women have worked so hard for the rights that were begrudgingly given to us. Let us not relinquish them. Even in our minds.”

Robyn on Little Seeds of Wealth

And now, without further ado, I introduce you to Robin from Mastering the Side Jam:

Why Financial Independence is Important to Me as a Gen X Woman

In honor of International Women’s Day, a group of female writers were asked to share why financial independence is important to them as women. I decided to participate, knowing my story might be a bit different than others in my age range. I’m located squarely within the Generation X era, generally considered to be middle-aged.

Far enough from youth that one would assume I’d have a fair amount of knowledge and wisdom. And while I won’t exactly dispute that, I will say I’ve worn my share of blinders over the years.

But also, I love having opportunities like this, as it provides a venue to experience and share many unique perspectives. Because every story is different. Every scenario weighted and affected by millions of decision points. Not one person has a life, or background, or “why” precisely the same as someone else’s. We are a product of our genetics, upbringing, influences, experiences, actions, choices, and challenges.

So why is financial independence important to me specifically?

I think it essentially comes down to how complicated life can sometimes become. Because for all the planning, and education, and best-laid plans …. well, you’ve probably heard the end of that phrase. No matter how much time you’ve spent in painstaking preparation, things don’t always go the way you expect them to.

Family Structures

Case in point: I am in a long-term, committed relationship. However, I am not married. Our relationship has lasted a lot longer than the marriages of some friends and peers. But just the same, we have no legal document saying we are responsible for, or indebted to, one another.

In addition, I’ve been the parent of two children who are not my own. I chose to raise them, provide for them, support them emotionally and financially. That was my decision. Do they owe me anything? No, of course not. I am not their mother. I love them like the children I never actually had (and never will.) But they technically don’t owe me a thing.

As I grow old and gray, there’s no guarantee I will have anyone to care for me in my later years. There’s no reason to assume they will provide assistance, like one might expect children to care for their aging parents. While I do give them the benefit of the doubt, since they’re amazing young men — it’s not a position I prefer to even put them in.

In my early 20’s, I willingly entered into a relationship with a single father of two children. Their “real” mother had hightailed it out of there, for reasons no one will ever know. But I knew what I was getting into. I was fully aware of what I might be giving up. How they would always come first, since they were his flesh and blood. I was just the person who cooked, cleaned, paid bills, packed lunches, attended school conferences and baseball games.

Putting the needs of all others above my own, because that’s what a mother does. (Even though I’m not a mother.)

Three women wearing pink and white khimars standing looking out at a blurred vista underneath a flowering, pink/purple plum tree. Underneath, pink and black words on a white field read "International Women's Day Personal Finance Blog Tour"

They’re grown. What next?

Twenty years later, they have sprung into adulthood. They’re self-sufficient, and I am nothing but proud of all they’ve become. But as they get older, their lives will begin to evolve as well.

They’ll fall in love, get an apartment or a house, begin a family. Do I want to remain a part of their lives? Absolutely! But that’s not an ironclad promise. Because their “real” mother may enter back into the picture. They may begin to feel nostalgic, and forgive all of her transgressions.

And if their father and I part ways someday? There’s a chance I may be cut out of the fold. After all, he is true family, and I’m not. What loyalties do they have for me, over him? When push comes to shove, if they’re forced to take a side, I know it would be him. It would have to be, since he’s their father.

He and I have never married, which I suppose makes it both better and worse. Better, because we legally don’t owe each other a thing. Worse, because it would almost be too easy for one of us to make that decision, take that leap. No messy divorce red tape to cut through, because we are just “dating.” (For twenty years.)

Because of that, he also does not owe me anything. All I did was raise his children, keep house, act as disciplinarian, and give up a huge chunk of my youth and child-bearing years. But that was my choice. I know that, and have no regrets.

Raising those boys has been the absolute best part of my life, and I truly believe it was my purpose. But also, acknowledging there is no pot of gold at the end of the rainbow. “Why bother changing now? We’ve made it this far — and marriage is just a piece of paper.”

And now that I’m a bit older, wondering where my life has gone — there’s a renewed frenzy to start getting my financial house in order. Because back then, I was needed. Whether appreciated or not, I was a staple in the household. They couldn’t get by without me. And now they can.

So the years of putting others’ needs ahead of my own are finally beginning to gnaw at me. A lack of savings, inadequate retirement plan, barely perceptible emergency fund. Those are things I’m in the process of building, because no one else is going to do it for me.

I have to learn how to be self sufficient, financially independent, if need be. To have a handle on where the next phase of my life is headed.

I know plenty of middle-aged single women, who have been operating on their own for many years. And I know just as many middle-aged married women, who have the inferred safety of leaning on another for financial worries. And I’m not sure where I might fit in with these groups.

Because although I’ve been part of a family unit for an extended amount of time, I’m still essentially on my own. When it all comes down to it, no one is going to take care of me, except me. And that is my goal in pursuing financial independence.

I’m the odd woman out. Or am I?

So why is it important for me to be financially independent? Because there’s that possibility I may have to fend for myself one day. No one else has an obligation to care for me — which is a scary realization.

And while my circumstances may be a bit unique, I’m pretty sure there are women out there who may be in a similar situation. Putting too many eggs into one basket. Betting on something that is far too risky to gamble.

After years and years of giving pieces of yourself, be careful you haven’t given away too much. Make sure you have something else to fall back on, just in case you need it. And if you don’t — well, then that’s the best possible insurance policy for you to hold on to.

Self-Empowerment through Self-Employment

This post is brought to you and contributed by an outside writer.

Bright yellow background. Hands filling green shoes with purple laces, looking like legs. Arms are tatooed with cartoon characters and basketball players and the phrase "Don't Give Up." Underneath printed words say, "Self empowerment through self employment."

One of the most freeing feelings in the world is creating a successful business from scratch. You call the shots, you make the decisions, and you reap the profits.

Choosing to become self-employed can be scary. In fact, when I made the decision years ago, I rarely got a good night’s sleep, and I always felt surprised when I earned enough to pay my bills. I was even more surprised when I, eventually, could buy a few of the nicer things in life, like throw pillows and wool-blend socks.

Self-employment can be an answer to making extra money, earning some cash as a stay-at-home parent, or if you’re done fighting traffic just to make it into work on time in order to grind out your forty hours per week. Most freelancers and business owners are happier and healthier than those that punch the time clock. Why not get in on that joy by being your own boss?

If you’ve wondered how most self-employed women get started, we’ve put together a guide to help you put the ball in motion if you’ve considered going at it on your own.

Narrow-In on Your Passion and Find Your Niche

Some of us are Jills-of-all trades that can paint the most stunning compositions that stop viewers in their tracks and also write songs that listeners replay on loop for hours. This is great; you can incorporate your talents in various ways into your business. But you need to focus in on what skill you want to sell and rely on.

You may be able to offer it all, but when it comes to your business, you shouldn’t. Find a niche or a category in your market to focus on to help more customers find your services and to set you apart from your competition.

Some niche ideas to get you thinking, include:

  • Painting dog portraits
  • Designing custom tv stands
  • Creating eco-friendly home decor
  • Freelance writing for any given industry

Decide if Self-Employment is Right for You

You’re going to be broke–or at least somewhat broke when you first begin unless you find financing. You’re also going to be stressed out. I can tell you that most people find it worth it, but your situation may not allow for these circumstances right now. Take an honest look at your finances and situation and decide if you can manage financially and emotionally before taking the plunge.

Self-employment also requires that you approach your skill with a different mindset: that of profitability. This is difficult for some people since they’re always used their skills differently. Prepare yourself by playing over rejection and criticism in your mind before experiencing it in real life. If it’s too difficult for you, you may not want to be a business owner.

Research the Competition and Create a Business Plan

Before you register your DBA with your state, take the time to look into the competition to see how they run their businesses and what you think you could do better. This will help you create a business plan.

When creating a business plan, you want to look at the macro picture and the details of how your business will function. You also want to set goals and establish a mission and company culture. This will help you stick to your brand as your business develops.

No matter how small or large your business is, you will want to be prepared with a plan that will scale. Make sure you think about the cost of your time and other details that go into your pricing like if you need extra space while working from home.

Choose a Memorable Name

If you thought finding the perfect Instagram handle was hard, try naming a business. Take your time and try to be as creative as possible without losing sight of what service or goods you offer. Make sure your business’s name is easy to pronounce and memorable.

Test your name by asking friends, family, and strangers what they think. Don’t rush into committing to a name until you’re ready.

Create a Website

Most businesses exist on the web these days. This helps you reach a national and international audience if you wish to. A successful website also makes pitching or selling to customers a lot simpler. Selling becomes more of a one-and-done process rather than repeating your selling points over and over again.

To create a website, register a domain name (probably your business’s name), design an attractive layout, write your “About Us” page to share your journey, and write compelling descriptions of your services or products. Most website services also keep track of your sales for you to help make accounting easier.

Market Yourself

A lot of new business owners struggle with the idea of tooting their own horns. Don’t be. You’re awesome, you make the best products and provide the best service. Review some marketing basics to get started. Be proud of your skills and market them the right way.

Some marketing strategies that won’t break the bank and help establish your brand include:

  • Social media promotions
  • Blogging
  • Word-of-mouth
  • First-time customer discounts
  • Partnering with other local businesses
  • Starting with friends and family
  • Partnering with a charitable cause

Keep Your Clients Happy

One of the simplest ways to stay in business is to keep your customers happy. Invite customers to use your services again and create a loyalty program. Ask if you can post about them on social media. Request and value their feedback.

In a world where people trust Google more than any other source for information, customer reviews will help keep you afloat. So, make sure your customers have a great experience and have wonderful things to say about you.

Venturing out on your own can be one of the most frightening endeavors you pursue, but it can also be the most rewarding. If you’ve always wondered what it’d be like to follow your dream and share your love for your craft with others, save up a big emergency fund and do it. Don’t look back. Be bold and be brave.

Leo Comes to #Pittsburgh: Ticket #Giveaway

stage lit in green empty of everything but a hanging lightbulb, a blue suitcase and a man apparently floating in a plank position, supported only by his hands pressing against the wall at a 90 degree angle. Underneath text reading, "Leo. March 29 & 30, 2019, Byham Theater, Pittsburgh"

When I started working with the Pittsburgh Cultural Trust, I was super excited for all the shows I’d be able to bring you guys, all the shows my kids would experience and the ticket giveaways.

While I have thoroughly enjoyed every last performance we’ve attended, there was one on the roster that I knew I’d want to see whether I had kids or not. That show is Leo.

Leo comes to Pittsburgh in the EQT Bridge Theater Series

Leo is only showing twice while in the Steel City: once on March 29th at 7p and once on March 30th at 2p. Both shows will be at the Byham Theater, and tickets start at just $12.

Here’s what you need to know about the show:

What would happen if the law of gravity were to suddenly change?

LEO is a mind-bending, funny, surreal, and surprisingly touching theater work that challenges the senses and tests perceptions of reality through the clever interplay of live performance and high tech video projection.

Universally appealing to adults and children, LEO leaves audience members wondering which way is up and which way is down. Winner of several major awards including the Carol Tambor Best of Edinburgh Award and the Scotsman Fringe First Award, LEO has dazzled audiences and critics in cities all around the world.

Content Information:  Recommended for ages 7+. This show takes place in darkness with bright video projections and moments of silence. It features comedy, physical theater, music, sound effects and video projection.

Please note: Due to the lighting and sound aspects of this production, there is no late seating or mid-performance re-entry.

Win free tickets to see Leo in Pittsburgh!

I’m thrilled to open up our next ticket giveaway for the 2019-2020 season! Brought to you in partnership with the Pittsburgh Cultural Trust, we have four (4) tickets to see either Friday’s or Saturday’s performance of Leo.

This is one of four remaining giveaways for the season, so if you’ve been meaning to enter one of these now is the time!

Get started using the widget below. This giveaway is open until 11:59p on 3/18/19.

Best of luck to all!

a Rafflecopter giveaway

Pittsburgh Childrens theater free tickets