We're a nation that loves debt. According to CNBC, the average American has $26,000 in debt (not including their mortgage). High-interest debt can be suffocating and prevent you from reaching your financial goals. If you're underwater, financial freedom feels like it will take too long to … [Read more...] about 10 Proven Ways to Pay off Debt Faster This Year
What is an emergency fund? How much do you really need to pay for unexpected expenses?
Most Americans don’t have $400 of emergency money saved. You don’t have to be one of them. Get the tools and knowledge you need to start saving for an emergency, build it to $1,000, and then keep going. It’s easier than you think.
Learn the difference between an emergency fund and sinking funds, and see how to set them up for everything from car repairs to vacations. Prepare for tomorrow, today. Get started below.
How Much Should You Save Each Month?
Saving money is an important part of financial stability. However, everyone is different and has unique long-term goals. Regardless of your situation, you may ask yourself, "how much money should I save each month?" The amount of cash you regularly save plays a significant role in helping you … [Read more...] about How Much Should You Save Each Month?
Chime Review: Fee-Free Banking (2022 Update)
Bank fees can be frustrating. Luckily, online banking platforms that offer free checking and savings accounts can help you avoid unwanted fees. Online-only institutions also typically offer free ATM access, fee-free overdrafts, and other features that make it easy to manage your money. If you … [Read more...] about Chime Review: Fee-Free Banking (2022 Update)
Dave Ramsey’s Baby Steps: 7 Steps to Financial Freedom
Dave Ramsey is one of the most popular personal finance gurus. He offers books, courses, and programs like Financial Peace University. His Baby Steps plan furthers his mission to help people achieve financial freedom. You've likely heard of these seven baby steps, which are basic money principles … [Read more...] about Dave Ramsey’s Baby Steps: 7 Steps to Financial Freedom
47 Proven Ways to Save Money Fast This Year
Saving money can be overwhelming. In fact, numerous reports indicate at least half of Americans have less than $1,000 in savings. For many people, the question of how to save money fast may seem impossible to answer. Thankfully, there are ways to reduce your expenses that require minimal effort. … [Read more...] about 47 Proven Ways to Save Money Fast This Year
Why an Online Bank is the Perfect Solution During the Pandemic
This is a sponsored post written by me on behalf of CIT Bank. All opinions are 100% mine. It’s no surprise that 2020 has been life changing for many people. Chances are you’ve been touched by the coronavirus pandemic in one way or another. Despite the fact that everyone is dealing with many of … [Read more...] about Why an Online Bank is the Perfect Solution During the Pandemic
10 Mint.com Alternatives: Top Picks to Manage Your Money
Personal finance apps like Mint make it easy to see exactly how you're spending your money while tracking your savings progress. Even though Mint is an effective budgeting app, you may prefer a different budgeting style or set of features that make it easier to create a spending plan and monitor … [Read more...] about 10 Mint.com Alternatives: Top Picks to Manage Your Money
10 Best Free Budget Software Tools
Managing your money isn’t always easy. Not only do you need to ensure you have enough money to last until your next paycheck, but you also need to pay all of your bills. It’s a skill you need to do well to succeed financially. Free budget software can help you keep your finances in order. While … [Read more...] about 10 Best Free Budget Software Tools
How to Prepare for a Recession: 6 Steps to Take Now
Merely hearing the word “recession” causes most people to react with utter fear. I was a stockbroker during the Great Recession of 2008 and saw how dreadful it was for investors. Thanks to the novel coronavirus, you may want to know how to prepare for a recession. Given the significant measures … [Read more...] about How to Prepare for a Recession: 6 Steps to Take Now
11 Best High-Yield Savings Accounts for 2022
Are you tired of your local bank’s near-zero percent rates and annoying fees? It doesn’t have to be that way. The best high-yield savings accounts earn as much as 1.70 percent and can turn your interest income from pennies into dollars. A higher interest rate makes it easier to save for … [Read more...] about 11 Best High-Yield Savings Accounts for 2022
7 Simple Ways to Save More Money This Year
It's hard to believe it's 2022 already. Many want to save more money this year but don't know where to start. Thankfully, it's not as difficult as it might seem. There are many ways you can save money every month to help reach your goals. Finding ways to save this year can help you reach various … [Read more...] about 7 Simple Ways to Save More Money This Year
How to Make A Budget: The Ultimate Guide
Do you know how to make a budget? Do you believe living on a budget is difficult, so there's no point in creating a budget? You're not alone. Discussing budgets is something I do on a regular basis with people who want to learn how to effectively manage their money. In fact, I had a conversation … [Read more...] about How to Make A Budget: The Ultimate Guide
