We know that frequent use of social media can profoundly impact how we feel about ourselves, but what about our wallets? A growing body of research shows that it is not a question of whether social media influences our spending habits, but how and at what cost?Continue reading
Do you aspire to a debt-free lifestyle? These debt-free influencers did, but to get there, they had to adopt new habits and tackle their debt for good. In addition to sharing the amount and type they’ve overcome, they gave us their top tips for saving money and paying down student loans, credit card debt, personal loans and more.
Follow their stories and learn from their experiences so you too can conquer your debt and move toward a debt-free lifestyle.Continue reading
If you want to make better financial decisions in 2021, you should start following personal finance influencers. Social media is a powerful tool, and we think it makes sense to use it to learn new skills and encourage ourselves to make smarter decisions.Continue reading
If you have short and long-term financial objectives, try running a SWOT analysis on your finances to pinpoint your priorities and highlight where you could make improvements. A SWOT analysis is a strategic matrix developed to help businesses identify things standing between them and their goals. It’s also a great way to distill down your priorities when making important decisions. Although originally intended for organizations, the exercise can be useful for all types of goal setting and analysis.Continue reading
Let’s say you’re in dire need of cash. You might be struggling to work your way out of debt. Maybe you had an unexpected emergency with a big price tag. There’s a stash of cash available in your 401(k), but you’re technically supposed to save that money for retirement. Should you tap into your retirement savings if you really, really need it?Continue reading
Feeling defeated by 2020? Perhaps you are hoping that 2021 will bring you a brighter financial future. The symbolism of passing from one year to the next invites us to enact changes in our lives and can be a great opportunity to jump-start fresh goals. If ditching debt is something you’d like to address in the new year, consider following this advice.Continue reading
Sometimes it’s difficult to spot the difference between good and bad advice. Amidst questionable suggestions from family and friends, contradicting web searches and the hundreds of “get rich fast” books at your local library, it can be especially hard to know what financial advice is worth your time.
In this blog, we’ll explore 11 common personal finance myths, clear up the misinformation and uncover the truth.Continue reading
Calls from your creditors may increase when you begin a debt settlement journey because they take notice when you change your payment habits. In most cases, it’s best to let unknown calls go to voicemail and block calls during debt settlement that may be related to your enrolled debt.Continue reading
If you’ve been searching for ideas on how to make additional cash through a side hustle, you’ve likely noticed that there are hundreds of ideas to choose from! Unfortunately, some freelancing and side work ideas aren’t incredibly lucrative, take more time than they’re worth, or are outright scams.Continue reading
If you’ve tried to create a budget in the past, you may have struggled with prioritizing your expenses. Needs like food, shelter and utilities are likely at the top of your list, but is a new pair of jeans more important than putting money towards your emergency fund? Should medical bills or car payments come before credit card debt? Is it okay to squeeze in a latte if you’re still paying down your college debt?Continue reading