Saving is Not the Same as Investing
The most common ways to earn interest are through investment accounts or savings accounts. So how different are they?
money
Do You Believe These Credit Myths?
Let’s get this out of the way right up front: All of the following myths are false! Let’s talk about why. You should pay off your credit card before the statement posts. Not if you want any reward points! In my experience, you only receive points/miles/cash back based on the spending that is reflected on … Read more
Here’s What You Need to Know About Credit
Credit. There sure are a lot of opinions and misconceptions about it! If you don’t know what your credit score means – If you have a low credit score or limited/nonexistent credit history – If you think you’re better off avoiding credit altogether – …read on (: Benefits of good credit Your credit history is … Read more
Lessons Learned From New Car “Junk Mail”
I Bought a New(ish) Car! A little over a year ago, I finally decided that enough was enough – I needed to get rid of my old clunker 2007 Ford Focus. What should have been a cheap car was costing me more than I’d like to admit in yearly repairs. While repair costs often work … Read more
Crash Course: How to Outsmart the Grocery Store
No matter who you are, food costs likely account for a large portion of your monthly spending. Cooking most of your meals cuts costs significantly – and being a smart shopper at the grocery store takes this to the next level! It is likely that you already know the most common grocery shopping tips: Make … Read more
Roth vs. Traditional: An Extended Take
What Are They? At the risk of sounding a little redundant: Join me for a deeper dive into the mechanics and logistics of the Roth versus traditional retirement account debate! First of all, it is important to know that the terms “Roth” and “traditional” are classifications used to describe retirement accounts. When you set up a … Read more
Why Does My W-4 Matter?
The U.S. government expects you to contribute a certain amount of money each year, which is referred to as your “tax liability.” What do they want from me? For the average person, your taxable liability will be determined based on the pay you earn from working a job. During tax season (typically January – April), … Read more