Personal Finance Writer

Personal finance, debt, student loans, millennial money management, saving, budgeting and money

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They Banked Six Figures by 25—Without a Six-Figure Salary

There’s no denying that saving money can feel like hard work at times: It requires a long-term mindset and at least a few short-term sacrifices. Yet these three make hitting $100,000 net worth by 25 look easy.

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My Car Was Totaled: Here's What Happened With My Insurance

This was the first time I had ever been in a serious car accident and I had no idea what to expect. Well, here’s exactly what happened, how much it cost and how it impacted our car insurance policy rates.

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Why Your Net Worth is the Most Important Number to Know

When is the last time you calculated your net worth? If you’re like many Americans, the answer may be “never.” But with 1 in 7 Americans having a negative net worth, it’s time for that to change. Luckily, the first step is simple: do the math.

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The Price of Protecting Your Mental Health

With healthcare costs spiraling out of control, more and more Americans are struggling to afford the medical services they need. This is especially true for millennials who are saddled with an average of $21,000 of debt. Yet, even with an average cost of $150 per therapy session, many feel this is a necessary investment.

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4 Ways I'm Saving $20000 in 10 Months

So I decided to double-down on my savings strategy and pay in cash as I enroll in classes over the next year. To date, I’ve banked $12,500. Here’s how I plan to hit my $20,000 goal by September.

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A Step-by-Step Guide To Determining The True Cost Of Debt

Going to college is an expensive endeavor. From paying for tuition to buying books to forking over rent checks to paying health care fees, there’s a seemingly endless barrage of money due, and student loans are often the necessary answer.

Bike article

I Saved $5,000 by Renting Everything From Cars to Clothes

When I graduated from college in 2015, I had one goal: to be debt-free. I dreamt of a life of flexibility and freedom, where I could travel and pursue my interests without being tied down by a monthly payment or compounding interest.

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I Booked $6,000 Worth of Luxury Hotel Stays—for just $635

The problem? We don’t have a luxury-sized budget, and Hawaii isn’t a cheap destination. So to make it work, without breaking the bank, I tried my hand at “travel hacking.”.

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Elite Daily

7 Things I Learned After Paying Off $14,000 Of Student Loan Debt In 7 Months

Over the past 200 days, I’ve watched my student loan balance rapidly shrink. Even though my $14,000 worth of student loans was less than the national average amount of $35,000, it still felt like a heavy burden. I watched my friends struggle to make their payments, just like I had watched my parents struggle to pay their own student loans throughout my childhood.

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How to Save for Retirement When You're Poor AF

More often than not, your first job is different in one noticeable way: it pays way less than you expected. If you find yourself in this position, don’t panic. There are ways to prioritize your future finances while building your resume at your current job.

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4 Ways to Pay Off Your Student Loans Faster

No matter how often you try to ignore them or pretend they don’t exist, your student loans refuse to go away. The best way to kick your loans to the curb? Pay them off sooner.

50 percent article

How I Save 50% of My Income (And How You Can Too)

I live on 50% of my income. No, I don’t live in a cardboard box or make a six-figure salary. My salary is fairly average. According to the Social Security Administration, I actually earn slightly less than average. My earnings are ordinary and my lifestyle is as well.

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Online Savings Accounts: The Secret To Savings

Saving money is hard work. But it’s not hard because of what you have to do. It’s hard because of what you have to not do: spend.

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I Rented Clothes for a Month, Here's What Happened

Shopping for clothes has always been a stressful experience for me. Not because I don’t like clothes or I hate fashion, but because it seemed impossible to tell how I would feel about a piece of clothing until I brought it home and wore it. In other words, shopping always resulted in a lot of wasted money.

Secret equation article

The Secret Money Equation No One Is Telling You

After a certain point, you can’t save any more money. There’s simply nothing left to cut. You’ve cancelled your cable, moved apartments, hacked your beauty routine and even started biking to work. Your savings rates are high and maybe you’re even stashing half of your income. But there’s no future in saving.