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. […]
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 […]
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, […]
Money, including how we use and borrow it, has changed dramatically in just the past decade. Traditional payment methods are now peer-to-peer, contactless, and mobile versus cash, check, or plastic. We have primarily the internet and technology to thank for the new ways we conduct transactions. Now, imagine what will happen with money in the […]
Whether it is a small mistake on your part or a big question about your credit card, most credit card customers inevitably end up calling credit card customer service for help at some point. As you’ve probably noticed, your experience when calling in for customer service can vary dramatically. While the random dose of luck […]
Your credit score is an essential part of your finances. If you are interested in buying a home or a new vehicle with a loan, you may need to fix your credit score ASAP. The difference between an excellent credit score and a poor one can be worth tens of thousands of dollars over the […]
Freelancing full-time is something many people hope to do. I enjoy freelancing and love the flexibility that it gives me now that I work for myself. But to be successful, there are a few critical details that you need to consider first before taking the plunge. Doing quite a bit of preparation beforehand will make the […]
My freelance writing career started with humble beginnings. I began by pitching for writing spots on various small blogs. After getting published, I would use those writing samples to pitch businesses and major websites for paid work. These days I get pitches for my own blog. Some of the pitches are great, but most of them […]
Being self-employed, I’m sensitive to the health insurance dilemma millions of people have to deal with. My family is getting our coverage through MediShare, a Christian health sharing ministry. It’s working well for us, and I strongly recommend it. But there are other ways to get health insurance coverage, if you aren’t participating in an […]
A side hustle can help you turn around a difficult financial situation. Whether you are looking to pay off debt, improve your retirement savings, or are looking to pad your cash flow to retire early, it may be possible with a side hustle. A recent Bankrate survey found that the average side hustler brings in […]