If you are working towards a debt free lifestyle and you are in a relationship then you will need to consider these 5 steps on your journey to becoming debt free and not stressing your relationship. First of all, I’m not attempting to give relationship advice here, you can get that here. This will continueContinue reading “5 Reasons Why You Need to Have a Common Financial Goal in Your Relationship”
Tag Archives: finance tips
Living Debt Free is a Journey NOT a Destination
When I hear the phrases “financial freedom” or “debt free” I used to think “that person made it, now it’s smooth sailing for them”. Not too long ago I learned that’s not exactly how it works. You still have to live your life, and believe me, “life” happens everyday. Cars break down, unexpected home repairs,Continue reading “Living Debt Free is a Journey NOT a Destination”
Don’t Forget About Yourself
You’re working hard to get out of debt and get your finances in order for your life run a little smoother. You created your budget, gotten rid of some of those pesky subscriptions you didn’t need, locked in your side hustle to speed up your timeline. You have long term investments in the stock marketContinue reading “Don’t Forget About Yourself”
Financial Opportunities in a Crisis
Whenever there is a crisis in the world, however unfortunate, there is an opportunity for financial gain There are three recent examples I can think of: Tsunami in Japan (March 2011): As I watched the catastrophic event on the news I noticed the cars were being sucked into the ocean. I said to myself, “AllContinue reading “Financial Opportunities in a Crisis”
The Extended Car Warranty
Recently I purchased a used Toyota Prius with only 166,000 for driving Uber/Lyft. I drove the car 3,000 miles the engine already needs a rebuild. I didn’t get an extended warranty right away. I thought I would drive for a month or so and make some money before I purchased a warranty. I drove 3Continue reading “The Extended Car Warranty”
Side Hustles
It is often challenging to rely on your “day job” as your sole source of income. It’s more of a challenge to find a reliable and consistent side hustle that won’t interfere with your day job. Find an activity you are already skilled in and passionate about to reduce the amount of time or commitmentContinue reading “Side Hustles”
Budgeting
You will have limited success saving money if you don’t make a budget. There are a wide variety of apps and computer programs to help you create a personalized budget. Apps make it easier to stay within budget – you can look at it anytime on your mobile device along with your banking apps. Let’sContinue reading “Budgeting”
Investing 101
We all wish we could go back in time and correct that one mistake we made when we invested in the wrong stock or sold the right stock too early. I tell myself all the time if I had only kept my 1000 General Motors shares, that I bought for $1, in 2008 I wouldContinue reading “Investing 101”
Subscriptions
Bills! I don’t mean the ones who clinched an AFC Wild Card playoff spot. These bills are much *much* worse (and not the 1984-1985 Bills either). The bills you can’t avoid, can’t escape. Inevitable, a la death and taxes. Mortgage, rent, car payment, electric, water, trash, gas, HOA, fuel, phone, these monthly payments continue toContinue reading “Subscriptions”
How to be a MoneyHugger
Welcome Back to MoneyHugger! Today I’ll talk about saving money. If you want to be a true MoneyHugger then you have to keep your money. In my life I’ve noticed that if I have easy access to my money I’m going to spend it and pay little attention to where it goes. Easy Access Don’tContinue reading “How to be a MoneyHugger”