This is the new year. January 2018. Around this time people are in the beginning stages of their New Year’s Resoluton. Some of those resolutions involve finances: paying debt, saving more, etc. Rather than make a New Year’s Resolution, why not make a Financial Pledge? It’s a pledge you would keep to yourself no matter the year or the circumstances…. Read More
Single, Saving, and Traveling
I often see posts on different pages asking 1. how people afford to travel and 2. how one does it as a single person. I am a single parent and my one goal in life was to take one nice trip per year with my daughter. The first trip I took was to Disney World. My family had planned for… Read More
Creating Your Own Sweep Accounts
Not many of us are fortunate enough to have enough money at the end of the month in order to put that towards savings. Many of us could, through budgeting and cutting back, commit and create our own sweep accounts. A sweep account simply is when a financial institution takes your excess money and deposits it into a savings account… Read More
Millennials and Home Buying
There has been a lot in the news about millenials and the housing market pushing them out. A millennial is defined as anyone born between 1977 and 1994 so that is anyone between 22 and 39 years old. The millennial generation is also the generation saddled with the most debt because of student loans. I would strongly encourage millenials to… Read More
I Don’t Want To Buy A House
I’m usually passionate about everything in life and a pre-planner. I’ve thought about buying a house and I do understand the benefits of homeownership. As it stands for me a house is a huge responsibility and honestly would suck up more of my income than I’m willing to commit. When I think about home ownership I think of: 1. Paying… Read More
Why I Don’t Use Digit
I have been asked on several occasions about using Digit to automate my savings. I used Acorn before because I was more interested in investing. Automated savings using those apps don’t work for me. The concept is that when you purchase something the amount is rounded up and that difference is placed into a separate savings account. Such an app… Read More