An iPhone is a common purchase for people all over the world. Around 223 million Americans have a smartphone, and 43% (around 96 million) have an iPhone, according to Statista. The fall 2018 iPhone lineup includes a flagship iPhone XS Max with a top $1,449 price tag. That is a ton of money for a […]
Do you budget for vices? A recent study found that households earning less than $30,000 per year spend 13% of their income on things like lottery tickets, prepared drinks, and restaurants. The same low-income families spend an average of 4x as much on lottery tickets as households bringing in $75,000 or more in annual income. […]
Money orders are a popular option to send money and make payments, but unless you have used them before, money orders may seem like a foreign concept. In practice, money orders are a way to turn cash into a check without a bank account. You can get a money order from a bank, some grocery […]
Once during school, I was chatting with a friend about our college majors. As a finance major, I knew I had a lucrative career path ahead. I asked my friend if she planned to teach or go to law school with her history degree. She said she didn’t want to do either and just picked […]
If you run a business where you are the sole employee, you still have to treat your business finances like a business. That means keeping good financial records and tracking payments you make to yourself from the business. Whether you use a payroll service or enter an online transfer from your business bank account to […]
Your bank account routing and account numbers might not seem very significant, but they act as an important gateway for cash going into and out of your bank account. Freelancers and other small business owners may find keeping your routing and account numbers handy is a good idea, as you’ll need them somewhat frequently when […]
Everyone wants to avoid ATM fees. Sometimes going to an ATM can feel like highway robbery! Between fees charged by your bank and fees charged by the ATM owner, you could find yourself paying $6 or more just to get cash from your own bank account. If you ask me, that is something you should […]
No one ever said, “I sat around and complained about my finances until they fixed themselves.” It takes time and dedication to turn around your money. But the first step before anything else is getting a clear understanding of your current financial situation and what exactly you want to fix. With that information in hand, […]
Airline pilots have a long list of tasks before each flight, but getting to the pilot seat is a feat in its own right. Through hard work, discipline, and a systematic approach, American aviation continually sets records for flight safety. Much of this success rests on the shoulder of the pilots who gracefully navigate massive […]
Freelancers have a plethora of options to keep track of income throughout the month, but if you took a poll of freelancers you would probably find many don’t know the state of their finances. While it is common, operating without knowledge of your financial situation is a big risk and puts you on track for […]