For those of us that get paid on a bi-weekly basis, there are a few months throughout the year where we get three direct deposits instead of the normal two. The question is what to do with the extra cash?
As a 23-year-old just starting out in the workforce, I’ve had to think long and hard about how I’m using my money. My strategy has been to intentionally give every dollar a purpose so that I can prioritize saving and investing while also allowing myself to spend on things that are important to me.
When it comes to investing, front loading is the way to go if you have the financial bandwidth. It’s the beginning of June and I’m only $200 away from maxing out my Roth IRA! For some who are used to spreading financial goals evenly throughout a time period, this may seem odd. I decided to front load because it made sense with my current financial goals.
After anxiously awaiting my move to the windy city of Chicago for many months, I have finally made it! Moving day was nothing short of… Read More »Moving to the City After College? What to Expect- apartments, moving costs, and more!
Financial advice for the individual investor like you has been the same for decades: invest for the long-term by buying and holding diversified assets (i.e.… Read More »Climate Risk and Your Money
First of all, credit cards can be a force for good if you use them correctly or else, they become your worst enemy. This article… Read More »How to Get Your First Credit Card and What to Do Once You Have It
Let’s be real, after graduating college, a lot of us aren’t starting out with the traditional 9-5. The current economy makes things worse with employers… Read More »Budgeting with Inconsistent Income
Today, I introduce to you the sinking fund. This handy little personal finance technique is designed to lower that anxiety around big bills and make you much more confident in splurging for things like big vacations or new phones! Keep reading to see how easy it is to start a sinking fund (or two or three!).
Freelancing is a really attractive form of employment for many people. You can set your own hours, build a business for yourself, and open yourself up to a higher growth potential than a 9-5 may offer. Despite the many benefits, there are some considerations you should take into account before deciding to go at it on your own.
Whether you have $2,000 in student loan debt or $100,000, knowing all the different aspects of a student loan is important because it will help… Read More »The Anatomy of a Student Loan