Pretty much everyone will have the experience of buying a car sometime in their life. Aside from your home, purchasing a vehicle will likely be the biggest financial decision you’ll make! I went through the whole car buying journey 2 years after graduating college. After getting dangerously close to financing a brand-new SUV 6 months …
Are Car Payments Bad? 5 Ways Your Car Payment is Keeping You Broke Read More »
When I graduated college in 2018, I literally had no idea how much student loan debt I was in. I knew I had student loans, but I assumed that my entry-level engineering salary would make it easy-peasy to pay off. A few months later, I realized that I owed a whopping $56,000. And it would …
Credit cards and credit scores can be a super confusing topic, and that isn’t by accident. In 2018, consumers paid over $104 BILLION (with a ‘B’) in credit card interest and fees. On one hand, credit cards seem to be a good way to “build credit” and earn some cash back or travel rewards, but …
It’s that time of year again where everyone starts getting their goals and New Year’s resolutions ready for a fresh start on January 1st. Whether you’re a resolution-er or not, setting personal finance goals should be a part of everyone’s financial planning strategy, no matter what stage you’re at. Even though this post is titled …
5 Best Personal Finance Goals for Beginners to Crush This Year Read More »
Like most college students, I didn’t give much thought to finances, student loan debt, or what it would actually look like to pay back my student loans post-grad. I just assumed that my student loan debt was normal, and that it wouldn’t be much of a financial hindrance because I had a high starting salary. …
How I Paid off $56,000 of Student Loan Debt in 31 Months Read More »
Deciding to pay off your debt once and for all is no easy task. It takes discipline, sacrifice, and a clear debt payoff plan to make those extra payments so that you can live debt-free in the future. The first question you may be asking yourself is which debt payoff strategy is best: the debt …
Debt Snowball vs. Avalanche Method: Which Debt Payoff Plan is Best for You? Read More »
