Whether out of curiosity, jealousy, or superiority, we are all guilty of comparing our finances to other people. We ask ourselves questions like: “How much money does she make compared to me?” “How can he afford to live like he does?” “How much more debt does she have than I do?” With social media being […]
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Please welcome our newest writer, Chonce Maddox! Chonce is a personal finance blogger and freelance writer who enjoys sharing debt stories along with talking about saving, budgeting, conscious spending and improving your financial house. She chronicles her journey with balancing motherhood, work, and finances along with working her way out of $40,000 in debt on […]
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Please welcome our newest writer, Rachel Foxwell! Rachel is a writer and full-time marketer who is passionate about teaching millennials about money management. Rachel graduated college with $28,000 of student loans, which she is working furiously to pay off. To document her journey in finding financial freedom, Rachel created The Latte Budget, a personal finance […]
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Are you tired of working at your 9 to 5, battling traffic, and feeling unfulfilled? Do you want to spend more time with your family, or just not have to worry about your boss looking over your shoulder every five seconds? Then maybe you’ve thought about becoming a freelancer. You can set your own hours, […]
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Compound interest is something we’ve all heard about, and understand at some level, but probably don’t put much thought into. That’s probably because investing sounds like such a boring topic. But it’s not when it’s framed as turning $5,000 into one million dollars, is it? It’s a mistake to ignore how powerful compound interest is, […]
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For Americans, Individual Retirement Accounts or IRAs are one of the best ways to save for retirement. When I finally started to turn my financial life around at age 35, the very first thing I did was to open an IRA. And two years later, it’s a choice I haven’t once regretted. IRAs have a […]
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This is part 1 of a 2-part post. Be on the lookout for part 2! The older I get and the more responsibilities I take on (my 9-5, my side hustle, my hobbies), the more valuable my time becomes. I find myself watching less movies and less TV series, not because I don’t enjoy that […]
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If you’re like most millennials, you think a lot about buying a home. And if you’re reading this blog, you’re probably already convinced that before you buy, you want a hefty down payment saved – ideally 20% of the home’s purchase price. That will save you from PMI and let you deal with all […]
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Lately I’ve been writing a lot about the importance of your credit score. All kinds of things impact your credit score, such as the way you use credit cards and the amount of debt you have. But you can’t work on building your credit score unless you know what’s on your credit report. Credit reports […]
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A few weeks ago I wrote about common budgeting mistakes and one thing that came up a lot in the comments was the importance of tracking your expenses. I could not agree with this more. Tracking what I spend every day, week, and month shows me what I actually spend and not what I wish […]
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