Tag: savings
-
4 Easy Financial Rules and Principles I Use to Increase My Net Worth
As I have crawled out of my terrible money situations in my 20s to being debt free and on the road to becoming financially free, I have practiced these easy financial rules to increase my net worth without stressing. 1. When budgeting, be conservative with your estimates or increase the actual amount as a cushion…
-
A Look Back One Year Later After Paying Off My $77,000 Student Loan Debt and Becoming Debt Free
Over a year ago, I became debt free by paying off my massive $77,000 student loan debt. If you are unfamiliar with my money moron journey, I took out four years of student loans without saving money, missed payments resulting in my student loans defaulting during my 20’s, and got my act together in my…
-
OMG My Favorite Personal Finance Blog Posts of the Week
For this week I rounded up the following blog posts that I enjoyed reading. OMG My Money’s favorite personal finance posts of the week How to automate your money by Let’s Automate Your Money – click here My take – I am a big believer in automating your money. It is one or 10 less things…
-
I Really Told Myself That I Expect to Have a Car Payment Forever
Just as recently as January 2017, one of my good colleagues and I were having a conversation around investing. One thing led to another and I made a money moron statement that made my colleague speechless. At the time I did not think much of it. I told my colleague that I have leased a…
-
What Should I Do With Extra Emergency Funds
I recently started questioning where I should stash my emergency fund. The past several years, my emergency fund was split between a couple high yield savings accounts. I also saved more than a year’s worth because well, I am not sure why. I would love to hear where others are stashing their emergency fund. Here…
-
It Must Have Been a Sign When I Failed to Buy a House
I might have been going down the path of another money moron moment that perhaps turned out for the best. What do you think? Since May of this year (2018), I made it a goal to start taking my first steps in buying my first home, an investment property to either flip or turn into…
-
8 Biggest Money Habits to Stop Right Now
What are some of your financial habits you stopped? I am guilty of many of the common financial habits listed in this post. I have used the word “try” so many times in my 20s and even up until I started this personal finance blog back in May (2018). I was inspired by posts made…
-
5 More Financial Milestones to Achieve in Your 20s and 30s
My first post listed out the first 5 financial milestones to achieve while in your 20s and 30s. This post lists the remaining 5 financial milestones. The inspiration behind this post was when I came across a post by the Investor Junkie. Here are 5 more financial milestones to achieve in your 20s and 30s Buying…
-
Here Are 5 Financial Milestones to Achieve While in Your 20s and 30s
Mid-30s age life crisis that made me start googling financial milestones? Perhaps. Whether you are in your 20s or 60s, what are some financial milestones not included in this list that you think are important to call out to others? Here is the financial milestones post that I came across on Investor Junkie that triggered…
-
5 Financial Literacy Money Lessons I Wish I Learned When I Was A Teenager
If you are a parent, what are some money lessons you have shared to help improve your child’s financial literacy? In college terms, let’s say I was entering “Financial Literacy 101” in my mid to late 20’s. I feel like I then graduated to Financial Literacy 201 in my early 30’s and now late-30’s. I…
-
Always Contribute to Get Your Company 401K Employer Match
As I have been listening to my list of recommended personal finance and investing podcasts, a few episodes of The Dave Ramsey Show podcast stood out. Listeners ask whether they should pay off debt or contribute to the listener’s company employer 401K match. Here is one example of Dave Ramsey’s answer to whether one should take…
-
Why You Should Have Multiple Savings Accounts
What is your ideal number of different savings or checkings accounts to have? How did you come up with that number? Based on my experience, I have found that I needed multiple savings and checkings accounts to keep funds organized. 4 REASONS TO HAVE MULTIPLE SAVINGS AND CHECKINGS ACCOUNTS Have 1 checkings account. This is…
-
How Many Savings and Checkings Accounts Do I Have?
Is there an ideal number of savings or checkings accounts a person should have? How many do you have? Why? I currently have 3 savings accounts and 1 checkings account. I have 1 savings and 1 checkings account through a college credit union that I have kept all these years. This gives me access to…
Best Sellings
Latest Posts
- Book Recap Series: How to Invest in Real Estate by Brandon Turner, Joshua Dorkin
- Book Recap Series: The ONE Thing by Gary Keller, Jay Papasan
- Book Recap Series: The Tipping Point by Malcolm Gladwell
- Book Recap Series: Think and Grow Rich by Napoleon Hill
- Book Recap Series: How to Win Friends & Influence People by Dale Carnegie
