Hustle culture is a huge part of our lives, especially for younger people.
In fact, a recent survey from Bankrate found that nearly half of Americans under 35 reports having a side hustle, and nearly 1 in 3 of those side hustlers need the extra income to be able to pay their bills.
Other side hustlers, like myself, seek out extra income to further their financial goals and avoid accruing debt. Side hustles were a major part of what allowed me to pay out of pocket for graduate school and save for a down payment on my house.
Once seen as a gimmick investment, cryptocurrency is becoming more and more mainstream with each passing day. There are now also a range of different types of cryptocurrency one might choose to invest in.
Even with its gaining popularity, many people, including those investing in it, don’t truly understand what it is or how it works. Typically, that’s not a great way to invest.
If you’re interested in investing in cryptocurrency but want to learn a little more about it first, you’ve come to the right place. …
We all have to eat. We also all know that one of the best ways to save money on food is to make our own meals, but that doesn’t mean we can’t also save money on groceries while we’re at it.
Okay, before you roll your eyes and think this will be another post filled with tips about buying pasta in bulk, making your own sauce, or eating ketchup and mustard sandwiches like Mark Cuban, this isn’t about complete deprivation. It’s about eating well, nourishing your body, and saving money while doing it.
I buy organic produce when I shop…
For many investors, buying and researching what stocks to buy can be interesting. The desire to identify a winning stock pick taps into our human nature. We like to talk about what investments to integrate into our portfolios in the hope of turning a profit.
On the other hand, human nature can sometimes make it difficult for us to let go of shares, whether a stock has generated profits or delivered losses. It can feel like a tricky decision to make.
Here are some ideas to keep in mind if you are wondering when to sell a stock for profit…
You’ve probably heard the term “Flea Market” before. You may have even visited a flea market. But, unless you’re a garage-saling, thrift-storing, antiquing pro, you probably have questions about flea markets, what they are, and how they can help you save and make money.
While the name is a bit suspect on the surface, visiting flea markets can be an enjoyable pastime and a great way to find unique items at bargain deals. If you’re handy, you might even be able to make some money at flea markets as well.
Most people wish they had more money. Whether it is to pursue their passions, travel more, quit their stressful job, or because you need money now, dreams of wealth permeate the minds of many.
But what if I told you that the wealth you’re dreaming of wasn’t as far away as you imagine? That you too could become independently wealthy with a plan, persistence, and patience?
The truth is, being independently wealthy isn’t what most people think it is.
If you have a large but not immediate savings goal-such as the downpayment on a home, a kitchen reno, or an emergency fund-you may want to consider some good short-term savings options.
While there is no formal definition of short-term savings, it’s generally considered to be money you want to use in less than five years.
There are several options for short-term savings, but one of the best places to start saving up for a short-term financial goal is a savings account (of which there are several to choose from, all with different pros and cons).
Savings accounts typically have…
What do you imagine when you hear the term “self-care”?
Typically, people associate self-care with practices such as getting a massage, spending time in meditation, taking a bubble bath, or doing something else that you enjoy. While these certainly help decompress, it’s important to consider the bigger picture when finding ways to exercise self-care.
Namely, finances can be an area where you may find yourself worrying about the future and making the best decisions for yourself and your family. Although less commonly discussed, financial self-care is just as important as regular self-care and decompression activities. …
It’s no secret that credit, especially good credit, is essential for most major purchases, like a car, a house, and even utility services.
Unfortunately, with only 17 states requiring high school students to take a personal finance course, the importance and even definition of credit is not something that many learn about early enough. Without the proper financial literacy knowledge, it’s much too easy to damage your credit once credit card offers start rolling in during your late teens and early twenties.
While it’s important to build your financial foundation the right way, fortunately, it’s not impossible to repair your…
We’ve all heard it before.
“When I retire, I’m going to finally take that dream trip to Europe!”
Or travel around Southeast Asia. Or finally, go on that incredible safari. Or park yourself on a beach in Fiji. The list goes on and on.
While it’s great to have travel-related goals as motivation for saving over the long term, the idea that you have to wait years and even decades to start ticking items off your bucket list can test anyone’s patience.
A frugal teacher and a financial analyst helping you unlock the secrets of the financial world!