Saving money works best when it’s part of an ongoing plan or lifestyle. Frugality encompasses a wide variety of spending and saving habits, but it mostly boils down to avoiding spending money when you can. This can involve everything from hunting for sales to switching to a strict financial budget. …
Read MoreEveryone knows that sinking feeling that you get when you see your monthly credit card statement. You went out with your friends a few too many times, charged way too much on your card without really thinking about it, and now you’re in the hole going into next month. If …
Read MoreYou might have heard the phrase “you need to invest in your future” thrown around before. Often, people assume this phrase means that you need to literally invest money in assets that you hope will grow in the future, and that those assets will make your financial position stronger in …
Read MoreWhen it comes to saving money, it’s often not remotely helpful for you to just save for the sake of saving. After all, making money and then spending that money on your favorite stuff is extremely fun and hits all of your brain’s reward centers. So, why would you choose …
Read MoreIf you’re a younger person just coming into your own financially, or just someone who hasn’t needed to borrow much money, credit scores may seem like a mystery. However, there’s a lot you need to know about credit scores if you ever plan to take out any loans or spend …
Read MoreWhen your paycheck gets deposited in your account, it can be tempting to turn around and blow a ton of your money on random stuff. After all, it’s your money, why shouldn’t you get to enjoy it? However, this is a way to quickly let your spending get out from …
Read MoreIf you have a hard time trying to save money but you know you need to start saving up to hit your financial goals, you might feel like you’re in a bit of a bind. It can be tough to put back money you know you could use for other …
Read MoreSome people feel like they can never get ahead in life. If you’re living paycheck to paycheck and struggling to make ends meet, you’re not alone. The majority of working-class people in the United States say that even a single missed paycheck would bring them to the brink of financial …
Read MoreMany Americans have a poor grasp of their own financial options due to poor financial literacy. Financial literacy is a term that refers to one’s knowledge of things like budgeting, investing, saving, and money management. If you’re looking to get a grasp on your own finances, the first step is …
Read MoreWhen you’re thinking about your finances, are you thinking critically? Taking control of your finances isn’t as hard as you might believe. The first step is making a financial plan that is both sensible and easy to remember. That’s where the popular 50/30/20 rule comes in. Let’s take a look …
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