All the Ways Bad Credit Makes Life More Expensive

It sounds like an oxymoron, but being poor is actually really expensive. The same principle is true with bad credit. Not only does it make borrowing money more expensive, it can also affect your life in surprising ways. From your cellphone bill to your car insurance,...

Your Student Loan Options When You Can’t Pay Them Back

Student loans are a massive burden on the American economy. In the United States alone, there is over $1.2 trillion of outstanding student loan debt. In fact, the average college graduate with debt has over $30,000 in student loans. This can be a crushing burden, and...

How Exchange-Traded Funds (ETFs) Work

Although we take it for granted, what stock markets do is actually pretty cool. Say you wake up one day and decide you want to own some of Apple—one of the largest companies on earth. Since Apple is a public company, anyone can buy a part of it. You don’t need to have...

Other Online Shopping Sites Like Amazon

When most people think of online shopping, they think of Amazon. From its humble roots as an online bookstore, Amazon has become the everything store, offering a plethora of items from 45 cent binder clips to $40,000 watches. There are other sites like Amazon,...

A Beginner’s Guide to Index Fund Investing

The best way to invest? Do nothing.  Have you ever dreamed of making money in the stock market? What if I told you there was an easy way to outperform most actively managed investments? Well, here’s the secret: Do nothing. More specifically, put your money in an index...

How to Build an Emergency Fund on a Tight Budget

If you had a $500 emergency, would you be able to cover the bill? If you answered no, you’re not alone. In fact, the average American couldn’t afford a sudden $500 bill. What is the solution? An emergency fund. But here’s the catch: If you’re rich, you probably don’t...

Make Money and Travel With a Working Holiday

We all love travel, but even a brief vacation can be really expensive. But what if there were a way to travel and make money at the same time? Not many people know about it, but there actually is. They’re called working holidays, and they allow you to work in a...

How to Go to College Abroad (and Save Money)

Going to college is about discovery. It is one of the biggest adventures of your life—or at least, it can be. But it’s also one of the most expensive purchases we’ll ever make. All too often students are stuck with crippling debt that makes many other financial goals...

What the Save More vs. Earn More Debate Gets Wrong

A friend once complained to me about his super high cellphone bill. I told him he could easily switch to a cheaper carrier and cut it in half, and he replied: “Well, I don’t really worry about being frugal. I focus on earning more money instead.” Somehow, we’ve gotten...

Money Skills: The Power of Grit, Failure, and Practice

The following is a guest post from Elsie Brown. Elsie is a college student and phlebotomist who writes about frugality and personal finance at her blog, Gundo Money. Check it out! If you don’t know me personally I’m a professional blood sucker. I work at a...