A recent survey found that some 63% of Americans would be unable to handle an unexpected $500 expense, this information shocked many in the financial community. Americans themselves, however, were far less surprised. They know that they are living paycheck to paycheck, a lifestyle that more than three-quarters of workers freely admit to. It is … Read more
Whether you overspent a little this month or you just wish you had some more money to your name, there are ways to make extra money. People often forget that there are other ways to make more money than their part-time or full-time job. This article outlines four ways that you can start earning money … Read more
You hear the advice about emergency funds all the time. Experts say that you should have 3-6 months of expenses in an emergency fund to cover unexpected job loss, medical bills, or major home repairs. To someone that may be living paycheck to paycheck, saving 3-6 months of expenses seems impossible, so they don’t even … Read more
Whether anyone cares to admit it or not, the fact is that most people like to live in style with every modern convenience at their fingertips available to them right now, in the present. This outlook results in people leaving the “paying for it” part till tomorrow. The problem with this line of thinking is … Read more
Budgeting is an essential part of proper money management. Proper money management is a vital first step toward reaching your financial goals. If you don’t know where your money is going, you may never be able to save enough to retire, send the kids to college, or enjoy the lifestyle you want. When it comes to … Read more
The Debt Snowball The debt snowball is the most popular debt repayment method. Under the debt snowball repayment method, you order your debts by balance with the smallest debt paid off first. You pay down the lowest balance first with lump-sum payments, while paying the minimum on your other balances. Once the first debt is … Read more
Side hustles are an excellent way to earn extra income while working at your day job. They’re also a great way to learn new skills and develop valuable experience. Your financial goals are completely dependent on the amount of money you bring in. You can only pay off as much debt or save as much … Read more