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
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.
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 far too long to … [Read more...] about 9 Proven Ways to Pay off Debt Faster 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
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
It can be difficult to manage multiple financial accounts. You may miss something or lack a complete picture of where you stand financially. This is the problem Mint.com seeks to resolve. When it was released in 2006, the money management app did a terrific job of helping people with their … [Read more...] about 10 Mint.com Alternatives: Top Picks to Manage Your Money
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
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
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 2021
It's hard to believe it's 2021 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
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
Over the past few weeks, millions of Americans have started to do something they once thought unimaginable – file for unemployment insurance benefits. American jobs are a very real casualty of the COVID-19 pandemic. Like most, I have friends who have lost work as a result of the novel … [Read more...] about COVID-19 Unemployment Insurance Benefits: How Much Do You Get?
Many people are feeling the financial impact of the novel coronavirus pandemic from temporary layoffs and business closures. Most taxpayers will be receiving coronavirus stimulus checks soon. Adults can each receive up to $1,200 plus $500 per child. A family of four can get a one-time payment of … [Read more...] about Coronavirus Stimulus Checks: How Much Will You Get?