It’s hard to implement personal finance lessons in classrooms. It’s hard to measure how well these lessons work, and more than anything, it takes time to see what works and what doesn’t. [click to continue…]
After months of coaxing, I finally convinced my fiancé to do something he’s been afraid of: open an IRA and buy some index funds. Then Monday happened.
Stock market drama ensued, and he joked, “so glad I invested in that IRA!” Like most independent investors, he freaked when the market dipped, even though that’s what it does. It’s par for the course, and it’s certainly no cause for panic.
On the other hand, the stock market drama is a great reminder that you shouldn’t invest your money if you need it anytime soon. And investing is tempting when the market averages a 6-7% return on your money, while your savings account offers a measly 0.00001%.
Still, it’s important to save your money in the right place, and where to save your money depends on your goal. Here are some common financial goals and where you should park your money, depending on that goal. Let’s find out…
Quick money tips are the best. So when GOBankingRates announced their annual “One Minute Money Saving Tip” contest, I got a little excited. You can check out my tip for this year’s contest after the jump, along with a few of my favorites. [click to continue…]
Student loan debt is now up to about oh, $1.16 trillion. That’s according to the New York Federal Reserve, and it’s absolutely nuts. Students need all the help they can get with college expenses, and textbooks can be a surprisingly costly one. Thankfully, there are a number of easy ways to save money on textbooks. Check out a few of my tips in the video above, and read the rest after the jump. [click to continue…]
Maintaining a blog takes work. More work than I realized. There’s scheduling, brainstorming, researching, coming up with catchy headlines, and so on. But it’s all worth it, and one thing that makes it worthwhile is connecting with other bloggers.
Since I’ve been writing about money over the past few years, I’ve met some helpful, hilarious, hugely talented people. I’ve been lucky to meet some of these people in person, and I’m excited to meet more of you at FinCon this year. (It’ll be my first!) In the spirit of connecting with awesome people, I’d like to send a big thank you to Gary at Super Savings Tips for nominating me for a Sunshine Blogger Award. [click to continue…]