“It’s going to cost at least $7,000” the plumber told me. Cue that sinking feeling where you ask yourself “why me?” $7,000 was the quote I received for fixing a broken sewer drain-out, which was located about 15 feet underground, below the sidewalk in front of our house. And it was the dead of […]
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Self care – many of us view self care as taking a vacation, going to the spa, or hanging out with friends. Unfortunately, none of those things are really options right now due to COVID. Most of the United States is still practicing social distancing or are quarantined at home. For most of us, […]
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One reason the rich get richer is because of passive income. Simply by having money that can be used to purchase shares of companies allows the rich to make money even if all they are doing is sitting on the couch all day. You don’t have to be rich to have passive income, though. […]
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When you start getting your finances in order, your first order of business is usually to start an emergency fund. Emergency funds are so vital to financial wellness, because without them, it’s pretty difficult to make any significant progress. An emergency fund essentially provides a buffer so you aren’t completely derailed from your financial […]
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There’s so many good credit cards on the market that it can be difficult to know which ones should be your go-to cards. There are some general rules that you can follow. For example, because there are cash back credit cards that offer 2% cash back, those should be used over ones that offer […]
Read More >>![How Much Money Would you Need to Live off Dividend Income? [Free Download]](https://www.youngadultmoney.com/wp-content/uploads/2020/06/DIVIDEND-STAND-IN-720x400.jpg)
Anyone who has thought about passive income has asked themselves the question: how much money would I need to live off dividends? Not that dividend income is the only form of passive income, but few would disagree that dividend income the ultimate passive income – it requires little to no effort to maintain. Many […]
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Odds are you have heard of SoFi, as they’ve spent millions of dollars on TV and other advertising. SoFi is short for Social Finance, Inc. It was founded in 2011 by four Stanford students with the specific purpose of providing more affordable options for student loans. Since it’s founding SoFi has raised over $2.5B […]
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It’s now been more than 100 days since COVID took a hold on the United States. COVID has resulted in mass-shutdowns of businesses, schools, and workplaces, led to stay-at-home orders, social distancing and mask-wearing, and ultimately took the US economy from a sprint to a crawl. We’ve seen tens of millions of Americans file […]
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As unemployment in the United States continues to climb, many millennials find themselves without a job. Since many, many businesses are still closed due to COVID, the job options available are slim. And it could take many months – or a vaccine – for companies to ramp staffing back up to pre-COVID levels. Fortunately, […]
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If there was ever a time for the emergency fund to shine, it is now. With COVID ravaging the world, businesses have been forced to close and do layoffs, leaving millions of people without a source of income. During this time of enormous uncertainty and stress, people are relying on whatever savings they have. […]
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