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5 Side Hustles

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I’ve spoken about the need to have a side hustle. Here are a few ideas that can get your brain thinking of the possibilities. Continue reading 5 Side Hustles

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One Student Loan Down

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Well folks, today, I officially put a nice dent into my $110,000 student loan debt. I sent the final payment to Nelnet, one of three of my loan servicers, bringing an end to doing any further business with them. There’s no better feeling knowing that you stuck with your plan and made significant progress towards your goals. Paying off my student loans is one of my top priority financial goals after saving three months of income for an emergency fund and paying off my credit card debt. I still can’t believe it. One is done. Continue reading One Student Loan Down

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Earn. Save. Invest.

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Earning, saving, and investing, are the three mantra’s of stacking dollars. Also known as building wealth, these three words sound so simple, yet many find so hard to pull off. Earning may be hard to do more of. Saving is almost non-existent in America. Investing is a scary process for the average person. However, these three words will lead your financial freedom or at the very least a nice retirement. Continue reading Earn. Save. Invest.

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What’s Your Plan?

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It’s 2am. Do you know where your finances are right now?

Is what keeping you up at night because of your nonexistent savings? Deep in credit card debt? Drowning in student loans? You haven’t started your 401k program and wonder if you have enough time to build a nest egg?

We all have these worries. I used to worry about different financial concerns constantly. Continue reading What’s Your Plan?

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5 Ways to Build An Emergency Fund

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The struggle is real. I know. It’s a daunting task to build an emergency fund. It’s seems like a big amount in which you can contribute so little that takes too long. I know the feeling. With time and consistency to your plan, you WILL accomplish your goal. Here are five tips (and a bonus!) to help you generate a few ideas to grow your emergency fund a little faster. Continue reading 5 Ways to Build An Emergency Fund

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I Cut the Cord

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One of my goals for 2016 was to be able to cut the cord. What this means is that I get rid of traditional, expensive cable service, provided by Comcast.

I’ve been thinking about going cordless for a while. I’ve had AT&T’s U-Verse service for several years, but I switched to Comcast for their faster and better internet service two years ago. Of course, Comcast required me to be under contract for 2 years. The first year had a great incentive for around $100, then the price jumped a bit for the second year. Now that my second year is up, the price jumped drastically to the tune of over $200 a month. That’s almost double the price I started with! Continue reading I Cut the Cord

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Why I Have Two Checking Accounts

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But the way my bank account is set up….

-Kevin Hart

 

Personal finance is as complex as you want it to be. I suggest most people to keep it simple. It’s less to worry about, less accounts to deal with and certainly less chance for error when you need to move things around. Remember, financial products offered by banks are simply tools. These tools allow sending your money to the right place when needed.

For instance, a long standing product offered by banks that we all know and use is the checking account. This account doesn’t place a restriction on how often you access your money, other than daily spending limits via a debit card or withdrawals from an ATM machine. It’s the best tool available to temporarily park your income until you decide where it should go. Continue reading Why I Have Two Checking Accounts