A Subscription to Build an Emergency Fund
Key Takeaways Many Americans don’t have enough to cover a $400 emergency. If you don’t have an emergency fund, there’s a simple way to get one started. Think of your emergency savings as a subscription program that you pay every month. A survey conducted by the Federal Reserve Study revealed that 41% of Americans don’t […]
Frugal February Challenge
Key Takeaways Sometimes the best way to kick-start change is to accept a new challenge. The Frugal February Challenge has four easy-to-follow steps that anyone can follow. Once you complete the challenge, take your savings and put it towards something important. Remember the Ice Bucket Challenge? Believe it or not, that was back in the […]
Out of Bad Times, Good Times Can Happen
Key Takeaways One of the economic outcomes of the coronavirus is that many people found they have extra cash. Don’t just spend that extra money – be strategic about it! There are three things you’ll want to prioritize to make sure you’re making the biggest impact on your financial situation.
5 Financial Terms Correctly Reworded
Key takeaways The way we use punctuation and wording has a powerful impact on what something means. Try rewording common financial terms so they have a more positive impact on you. The right wording can have a huge positive influence on your financial life.
Do You Have an Emergency Fund?
Key takeaways A recent survey from Lending Tree reports that 52% of Americans and 60% of young investors cannot cover a $1,000 emergency. With no emergency fund in place, many are tempted to take out payday loans, which charge predatory interest rates from 300% to 700%. If you haven’t built an emergency fund yet, you […]
Why You Should Avoid Personal Loans
Key takeaways A prominent personal loan provider reports that 25% of people under age 35 use these high interest loans. Personal loans charge much higher interest rates than traditional types of loans and even higher than most credit cards. Using personal loans to take care of emergencies will make it very hard to move toward […]