This topic was requested in my Facebook group (you can join here). People wanted to know if a balance transfer was worth it. If you read my blog, you know I am not a huge fan of credit cards, but they could be a useful tool on your financial journey. I will attempt to breakdown some of the pros and cons of doing a balance transfer.
I have been getting questions lately on what people should do with their tax money, so I wanted to compile a list of some of my favorite tax money moves:
OK, so I felt like this was a timely post in light of the government shutdown and the possibility of families not receiving food assistance in the coming months. If you aren't aware of all the changes, you can read about it here. I want to keep this post focused on how families can save money whether they receive government assistance or not. It is essential to squeeze every penny at the grocery store because eating is a necessity and is usually one of our most significant monthly expenses. Let's begin...
I am always trying to find ways to pay off my debt faster! One of my favorite ways is to participate in the gig economy, particularly ride sharing (driving for Uber & Lyft). Now, I try to drive every other weekend when I don't have my kids. Last year, I made about $2,500 just from this gig and I didn't even drive that much! Here are some things I do to maximize my time and earnings:
Wow! Sitting down with these numbers is both empowering and depressing. LOL! I mean the massive amount of debt that I have taken on between school, cars, and business expenses, it's amazing! I use this blog for motivation and accountability so an important part of that is transparency. In this post, I will break down all of my debt, investments, and bank balances so I can use it as my baseline for progress throughout the year. Well, without further ado, here we go...
It's the end of the year and if you are subscribed to my newsletter, you know that I send a financial word of the week every Wednesday! It is a financial term that you should know and will be helpful on your financial journey. The whole purpose of my blog is to educate and improve financial literacy so that goal is always at the forefront. With that said, I wanted to do a recap of all 2018 WWW terms (in case you missed it). If you want to subscribe, just click here and type in your email at the top. Ready? Let's Go...
Has it really been three months since my last post? Man, time flies! I had to step away because my final semester got really crazy. I felt like I was on the verge of failing and I kept thinking to myself, I did not come 2 years to not graduate on time. Well, the good news is... I PASSED! So, although it was hard for me to step away from the baby I built up over the past year, it was worth it! I am now officially an MBA, and I am so proud of myself for it. The next question is what next? What do you do with a newly minted MBA? When I started my graduate school journey, I was in a different mind space. I wanted to work my way up the corporate ladder and become a VP of HR. Now, HR is no longer my focus, and I don't really have the desire to work for anyone else in corporate America. So, now what?
If you have been keeping up with my finance blog, you know I love to budget! It gives you a sense of control when it comes to your money. I believe in doing a zero-based budget. This means your income will always equal your expenses. With this type of budgeting, you are telling your money where to go every month. I want to give you a recent example of how budgeting frees you instead of constricts you.