We all face challenging financial circumstances from time to time. Whether it's mountains of debt, or having no emergency fund to manage a crisis, difficult times cause stress. Many Americans can relate. In fact, LendingClub found that, as of the end of 2021, over 60 percent of Americans live … [Read more...] about What if I Can’t Pay My Bills This Month?
What is an emergency fund? How much do you really need to pay for unexpected expenses?
Most Americans don’t have $400 of emergency money saved. You don’t have to be one of them. Get the tools and knowledge you need to start saving for an emergency, build it to $1,000, and then keep going. It’s easier than you think.
Learn the difference between an emergency fund and sinking funds, and see how to set them up for everything from car repairs to vacations. Prepare for tomorrow, today. Get started below.
How to Build an Emergency Fund in 2022
Life is unpredictable. Your air conditioner may need an expensive repair, or you could have a costly medical emergency. If you don't have a financial safety net, you might use your credit card to finance the expense. Unfortunately, that only continues the cycle of debt. Emergency savings is … [Read more...] about How to Build an Emergency Fund in 2022
How to Budget When You’re Broke
Living on a budget can help you stay on track financially. However, you might think budgeting is too difficult if you have limited resources. Thankfully, it's not as hard as it may seem. This guide can show you how to wisely manage your money even if you earn minimum wage or are facing dire … [Read more...] about How to Budget When You’re Broke
11 Recommended Budget Percentages By Category: How Much Should You Spend?
One of the best ways to reach your money goals is to follow a monthly budget. While people often believe budgeting is restrictive, it can create freedom when done wisely. The key is using a simple formula. For example, Dave Ramsey provides a roadmap to being successful with your money through his … [Read more...] about 11 Recommended Budget Percentages By Category: How Much Should You Spend?
11 Best Free Budget Software Tools
Managing your money isn’t always easy, but knowing where your money goes each month is a terrific way to minimize stress. Free budget software can help you make a basic spending plan and track your expenses. These tools offer numerous interactive features to help you stay on top of your finances … [Read more...] about 11 Best Free Budget Software Tools
10 Mint.com Alternatives: Top Picks to Manage Your Money
Personal finance apps like Mint make it easy to see exactly how you're spending your money while tracking your savings progress. Even though Mint is an effective budgeting app, you may prefer a different budgeting style or set of features that make it easier to create a spending plan and monitor … [Read more...] about 10 Mint.com Alternatives: Top Picks to Manage Your Money
10 Proven Ways to Pay off Debt Faster This Year
We're a nation that loves debt. According to CNBC, the average American has $26,000 in debt (not including their mortgage). High-interest debt can be suffocating and prevent you from reaching your financial goals. If you're underwater, financial freedom feels like it will take too long to … [Read more...] about 10 Proven Ways to Pay off Debt Faster This Year
How Much Should You Save Each Month?
Saving money is an important part of financial stability. However, everyone is different and has unique long-term goals. Regardless of your situation, you may ask yourself, "how much money should I save each month?" The amount of cash you regularly save plays a significant role in helping you … [Read more...] about How Much Should You Save Each Month?
Chime Review: Fee-Free Banking (2022 Update)
Bank fees can be frustrating. Luckily, online banking platforms that offer free checking and savings accounts can help you avoid unwanted fees. Online-only institutions also typically offer free ATM access, fee-free overdrafts, and other features that make it easy to manage your money. If you … [Read more...] about Chime Review: Fee-Free Banking (2022 Update)
Dave Ramsey’s Baby Steps: 7 Steps to Financial Freedom
Dave Ramsey is one of the most popular personal finance gurus. He offers books, courses, and programs like Financial Peace University. His Baby Steps plan furthers his mission to help people achieve financial freedom. You've likely heard of these seven baby steps, which are basic money principles … [Read more...] about Dave Ramsey’s Baby Steps: 7 Steps to Financial Freedom
47 Proven Ways to Save Money Fast This Year
Saving money can be overwhelming. In fact, numerous reports indicate at least half of Americans have less than $1,000 in savings. For many people, the question of how to save money fast may seem impossible to answer. Thankfully, there are ways to reduce your expenses that require minimal effort. … [Read more...] about 47 Proven Ways to Save Money Fast This Year
Why an Online Bank is the Perfect Solution During the Pandemic
This is a sponsored post written by me on behalf of CIT Bank. All opinions are 100% mine. It’s no surprise that 2020 has been life changing for many people. Chances are you’ve been touched by the coronavirus pandemic in one way or another. Despite the fact that everyone is dealing with many of … [Read more...] about Why an Online Bank is the Perfect Solution During the Pandemic