When used responsibly, credit cards and loans can be amazing tools. Using a credit card instead of cash allows you to maintain a detailed record of your spending, and racking up rewards points can save you a lot on large expenses. Loans make it possible to spread out payments on big-ticket items like a house and can help you fund a small business or your education. Point being, you’ll probably … [Read more...] about 5 Ways to Repair Damaged Credit
Weighing a Job Offer? Look Beyond the Salary
You’ve been job hunting for months, and you finally receive a job offer. You’re desperate to get out of your current job, and the salary they’re offering looks decent enough, so you should just go for it, right? Eh, maybe. If you think of a job offer as a pie, the salary is but a mere slice or two. There are so many other factors to consider than would have a real effect on your happiness at this … [Read more...] about Weighing a Job Offer? Look Beyond the Salary
Don’t Fall For These Myths About Homeownership
If you currently rent, I’m willing to bet that at least one friend or family member has said something like this to you in the past year: “You should buy a place. It’s a good investment.” “You can always sell it or rent it out if you need to move.” “Renting is throwing money away.” Now, there are many good reasons to buy a home, but the above phrases don’t make the list because they aren’t … [Read more...] about Don’t Fall For These Myths About Homeownership
Why Millennial Women Need to Invest, Even If We Don’t Think We’re Ready
When it comes to investing, women still lag behind men in terms of getting started and that means we miss out on years of compound interest. Investing is important because it allows your savings to grow considerably more than they would if you kept all of your money in a savings account. A recent survey by the investing app Stash found that a whopping 85% of Millennial women don’t invest! Why not? … [Read more...] about Why Millennial Women Need to Invest, Even If We Don’t Think We’re Ready
A Guide to Preventing Lifestyle Creep (and Using Extra Cash to Build Wealth Instead)
You’ve seen this happen to your friends. They get a big raise, or a new job that pays much more than their previous one. Suddenly, they’re a different person. They trade in their 10-year-old Toyota for a brand-new Audi, ditch their roommates for a one-bedroom in a luxury building, and they’re no longer your go-to friend for $2 happy hour beers at a dive bar. Or maybe it’s happened to you, too. … [Read more...] about A Guide to Preventing Lifestyle Creep (and Using Extra Cash to Build Wealth Instead)
How to Pay for Grad School, Law School, or Your MBA
If you’re considering going back to school to get a master’s degree, law degree, or MBA, you might be looking into student loans to help pay tuition -- especially since many graduate programs cost $50,000 a year or more. Yikes! This is a choice to not take lightly. Taking on debt of this magnitude (possibly on top of undergraduate loans you’re still paying off), will affect your finances for years … [Read more...] about How to Pay for Grad School, Law School, or Your MBA