You’ve started to budget your money, but how are you tracking your spending? If you’re not tracking and checking your spending habits you can’t effectively manage your budget. Some banks help keep track of your spending habits, however, you can better analyze your spending habits with these tools. Now that checkbooks are dead some of us have to adapt to new methods.
So, you've decided to buy that new car. Now you need to decide -- how am I going to pay for this? The answer? It's time to get an auto loan. But with so many choices, how do you decide? Let's take some time to go through the options.
Have you ever felt like you wanted more out of life? Getting up each morning and doing the same old routine day in and day out is dreadful. Do you find yourself sitting at your desk at work twiddling your thumbs waiting until the clock strikes five or five-thirty? My story resonates well with someone who was dreadfully fed up with the nine to five grind. I needed to find purpose in my life and go after that purpose with everything I had. The 21st century is a whole new era. Many people have taken on work outside of their regular job and eventually started their passive income full time. Work ranging from contract positions to full-time side hustles, there is an endless array of opportunities.
If you're in the market for a personal loan, you are not alone. The personal loan market has surged recently, with the total outstanding debt now over $156 billion. And if you are considering a personal loan, it should be clear that there are more lenders than ever before. Fintech startups, online banks, and traditional lenders are all vying for market share in this growing space.
It’s hard to go anywhere or listen to anything right now and not hear of the terrible wave of financial chaos sweeping across the country. From thousands of hard-working Americans being put out of work due to the threat of the Coronavirus or companies scrambling because of panic selling at the stock market, these Wall Street woes alone are making millions of Americans question as to whether they should put long-term investing towards their retirement aside in order to take care of the uncertain short-term challenges, or continue to be disciplined in their finances.
Most of us work for our employers, we work for our spouse, we do more work for our family and sometimes even find ourselves doing work for our friends. Despite all our great intentions, burnout and frustration can combine to create stagnant lives where we fail to cut out times during the day to just relax, nonetheless to pick up a book or even learn a new skill. Well, thanks to the beautiful digital world of podcasts, you can achieve a world class education from the experts just by tapping a few buttons on your phone or laptop. So whether you’re at the gym, in the car, or on your lunch break, here are some of the top self-development podcasts out right now pumping out fresh content for you weekly, absolutely for free.
This crisis is finally being treated seriously by both the federal government and the private sector, but what impacts everyone equally are the decisions the Federal Reserve makes during this time, which will affect our country long term for years to come.
Budgeting is an essential skill a beginner can have. Being equipped with proper budgeting skills will lower stress levels and will make you smile with less stress. Creating a spreadsheet or tracking expenses through an app will help you take control of your spending habits. When I was younger, I did not know, nor did I care about tracking each of my expenses. My spending habits were out of control. I would spend money on countless items such as clothes, courses I would never use again, and eating out impulsively. Guess what? I learned the HARD way!
Your bags are packed, you've dropped your furry friends at "doggy daycare", and your neighbors have happily agreed to collect your mail when you're gone. You're all set for that trip of a lifetime. Then, it hits you -- do I need insurance? Ok -- let's be honest -- you probably don't think about that. For most people, insurance is not top of mind when there are delicious cocktails and sandy beaches only a plane ride away.
Shopping for clothes should be easier in a digital environment, unfortunately, international sellers and fake shops claim victims every day. How can you be sure to get the best product when shopping for clothes online? Familiar Retailers: To always guarantee the product and price shopping online from regular retail stores is the safest bet. It is tempting to go straight to the largest online marketplace, Amazon, try thinking about the stores you would go to at a mall.
When the economy is in shambles, people jump in to learn how to invest for the first time. When the economy is doing remarkably, people are still learning how to invest. Either way, there is no such thing as a bad time to learn how to invest, so you might as well learn it now, especially if you’re reading this. I’m not a certified financial planner and you should do your own research, but here are my personal principles that I feel new investors should know before they start investing their hard-earned money.
For millions of Americans and people all over the globe, this has been a period of not only incredible stress but also some much-needed self-reflection. While innovation and advances in digital and remote work have been changing the way our modern workforce communicates and accomplishes work, this current pandemic has potentially sped up the rate of which many jobs afterward will be accomplished either by employees working from their home, or will be outsourced to machinery and software completely.
Whether you listen at the gym, in your car, or riding the subway, podcasts are a great way to pass the time while also learning something new. One of the fastest-growing parts of the podcast industry is Business & Finance. Need help with your personal finances? There are podcasts for that. Need to earn some extra income with a side gig? There are podcasts for that, too. But with so many to choose from, which one is right for you?
Taking real, intentional steps towards being responsible for your finances and financial future is a true test of maturity. Far too many Americans let their money lead them astray, instead of taking full command over how their money is utilized. I made many financial mistakes as a young person and going into adulthood, but luckily once I started making a full-time income, I started down the path to financial recovery and eventually towards financial prosperity.
By the time you read this, almost 6.6 million Americans will have filed for unemployment benefits. This number is larger than that of those on unemployment during the midst of the 2008 financial crisis, and now, after four years of low unemployment and a bull market, even people in relatively secure jobs are uncertain as to what the future holds. For some people reading this, even maybe you, the fears of losing your job has become a reality.
Whenever there is a massive drop in the stock market, you immediately have two types of people- those who panic sell, and those who buy thinking they are investing in a big future at a very low point in the present.
One of the first lessons I learned out of college was this- college didn’t prepare me for anything that actually mattered. With a large number of college grads struggling to enter the workplace year after year as well as the rate of student debt skyrocketing, the need to develop new skills may matter more now than ever before. These are seven online courses available throughout the internet that will help you develop yourself into a more marketable individual as a result.
With so many stores in the palm of our hand, it can be difficult to manage your “splurge spending” into a small fixed amount. Of course, you deserve to spend money on yourself, every once and while. But the ease of shopping and simple spending can lead you to lose track of that splurge spending, turning it into regular spending.
Couponing has a powerful lure. Years ago, my interest sparked by reality TV shows, I decided to try “extreme couponing” in order to score free groceries. Free? Hardly. It did not work out that way. I did save money - maybe 40% or 50% or more off of my total tab. But it took hours of meticulous planning (with spreadsheets and coupon binders) in order to make a grocery store run. Trips that once took 30-60 minutes were taking 2.5 to 3 hours. (Takes time to read and reread all the fine print. I need to buy how many to get the savings? What color? What flavor?) And then checkout would be a nightmare. The scowls and dirty looks of shoppers behind me. The terrified cashier who needed my emotional coaching in order to get through the mountain of paper deals. I still clip the occasional coupon, but my extreme couponing days are done. For most people, it’s not worth the time and energy. But there are other ways you can still score mega deals when you shop in-store or online.
Maybe you’re tired of hearing this, especially if you spent the last couple days or so watching Netflix non-stop, but if you’re financially comfortable and you find yourself with a bunch of extra time on your hands because of recent events, now might be the time to grow as a person to ensure the version of you that comes out of this pandemic is stronger than ever. That means stronger when it comes to your mind, body, soul, and especially your finances.