It’s not often you hear a 23 year old making it their annual goal to max out their IRA contributions, but as someone who knows the benefits of compounding interest, I know how much maxing out my IRA will help me prep for retirement. I have had my Roth IRA for over two years now … More Goal: Max Out My IRA Contributions for 2021
Many people opt for artificial trees to save money during the holidays. Splurging on an expensive tree may seem cost effective, but there are some questions to consider. In order to be saving money over a real tree, you will have to keep the artificial tree for about 8-10 years. Do you have enough space? … More Is an $800 Artificial Tree Worth It?
1.) Putting too much money in savings. It’s good to have money saved in case of an emergency, but a savings account isn’t the best way to store money long-term. This may come as a surprise, but money left in a savings account is actually losing value! Due to inflation,-although the dollar value stays the … More 6 Financial Mistakes I see 20 Year Olds Make
My dream boyfriend is cool, always available, calculating… and a spreadsheet?! It’s true, I have a secret love affair with spreadsheets. I absolutely cannot get my hands off them. Sometimes I dream of coming home, slipping into something comfortable, and getting down and dirty in the spreadsheets. I’m so sorry for that imagery, but I … More Learn to Love the Spreadsheet!
It sounds easy to have a sugar daddy, right? Some older rich man will just pay for your company. And you can use that money to pay for things you actually enjoy doing instead of selling yourself out to some boring job. Unfortunately, the realities of being a sugar baby are rarely so ideal. Being … More Should You Get a Sugar Daddy?
Sticking to a budget is easier when you know how much you are going to pay each month. That’s why subscription services are so great, you don’t have to budget in the number of times you use the service. Just like the Gas Method of building credit, my completely un-patented and unoriginal “Netflix Method of building … More Netflix Method for Building Credit
Yes! But also, no! Like everything, it depends on your financial situation. You may think about closing a credit card that you don’t use anymore, but that could hurt your credit score. Pros: Closing your card gives you one less credit card to worry about. Whether you worry about missing a payment or having the … More Is it Good to Close Credit Cards?
I remember when my family dropped my older sister off at college seeing booths full of exited college students trying to get other college students to sign-up for credit cards. To me, at the time, credit cards were the ultimate sign of financial irresponsibility. My dad would scoff at the students anytime one of them … More Should You Have a Credit Card in College?
Coinstars offers a helpful service for a very costly fee. At 11.9% you can have your coins converted to cash at your local grocery store. Although I’m all for saving every bit of money you can, sometimes the Coinstar is more convenient. Also, it’s better to have the money in easy to spend dollars than … More Is it worth it to use a Coinstar?
Working a job where you make tips is one of the most satisfying thing I have ever experienced. Even if it’s just a few cents or a dollar every purchase, it quickly adds up. When I first started making tips as a barista, I would always ignore the change at the bottom of the jar … More Why You Should Take the Change in Your Tip Jar.