Millennial Personal Finance and Investing Blog
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You know the importance of saving but struggle to do it anyway. Sound familiar? If so check out these top automatic savings apps.
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For many people, tax time is one of the most complicated times of the year. April 15 is a busy time for accountants and tax preparers, but it’s also a stressful time for most people. If you’re a student, you might not know what to do – especially if you have scholarships and grants. Do […]
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To say that women are becoming more involved in the financial world is an understatement. While income inequality is still an issue, females are earning higher salaries and taking more agency with their finances than ever. So why aren’t they investing? Research shows that men are five times more likely than women to prioritize investing. The […]
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Lavish romantic displays are common around Valentine’s Day. Everyone wants to show their sweetheart how much they care, and for many, gift giving is their love language of choice. Plus, everyone has that coworker whose significant other showers them with flowers at the office or sends an expensive gift. But Valentine’s Day and other holidays […]
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Keeping a financial New Year’s resolution takes… well, resolve. So many people aim for the moon, only to give up before they finish building a rocket ship. Those promises you make to yourself every January may seem like a done deal at the time, but ask yourself: How are you doing on last year’s resolutions? […]
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For many people, New Year’s is about change. Whether it’s resolving to lose weight, learn a new language or connect with old friends, January 1st gives everyone an excuse to make the changes they need in their life. But have you ever considered setting financial goals? Creating smart money habits will benefit you beyond the […]
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There’s no particular reason why the new year ushers in change for so many people. It’s an arbitrary designation, and nothing really changes when the clock strikes midnight on January 1st. But much like moving to a new city, starting a new job or making new friends, a new year can provide the spark we […]
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Your uncle, your cousin, your boss at work – it seems like everyone these days has student loans. They must give them out to anyone who asks, right? Not necessarily. While the requirements to receive student loans aren’t particularly restrictive, there are certain criteria you must meet before being considered. This is different at the […]
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Student loans affect millions of Americans, many of whom struggle to make their payments every month. Besides income-based repayment options and refinancing, there are few options for those barely squeezing by. However, one that is rarely discussed, but still applies to some borrowers, is student loan discharge. Discharging student loans is still a fuzzy concept for […]
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When my husband and I combined our finances, our first goal was to start saving for an emergency fund. At that point, we were planning to quit our jobs, move to Colorado and become self-employed. To do that, we really needed an emergency fund as a safety net…but we would also need a “go to hell” […]
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Maybe it’s a one-time thing. Maybe it happens all the time (hopefully not). You’re going about your business, and it hits you like a ton of gold bricks: “I need money.” If you’re saying this sentence a lot, it might be time to reevaluate. But most people find themselves in this situation at one point […]
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The conversation surrounding student loans is typically pretty negative – and for good reason. Loan rates are rising, and student loan debt is an epidemic affecting millions of Americans. But did you know that student loans can be a good thing? While frustrating to pay back, student loans are also a great way to build a […]
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Student loan debt is a particularly dangerous financial burden, because it’s usually the first form of debt someone encounters. It’s also one of the largest. It can be hard for an 18-year-old high school grad to grasp the reality of that debt, and many freshman find themselves treating their loans as free money. That usually […]
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When most people take on student loans, they don’t tend to factor divorce into their repayment plan. It’s hard to imagine getting divorced when you’re that you’re young and getting student loans – and harder to imagine it happening before you pay off your student loans. Could life after college be so cruel? But like it […]
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People with student loans often feel like they’re in a hole that prevents them from living life to the fullest. But contrary to popular belief, you can still live a normal life while paying back your debt – including owning a home. It might not be easy, but you can save while paying back your […]
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Once heralded as the next step in the evolution of education, for-profit universities are dropping like flies. Recent rules and regulations have limited their federal funding and current lawsuits allege misconduct that’s causing enrollment to drop and suspicions to increase. So what does the future hold for these oft-criticized institutions? The Numbers Between 2011 and […]
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The traditional college story is pretty well known. You go to a big public university, move into the dorms and start stressing about which major to choose. But is that really the story for most students these days? Is it even the right choice? More and more young people are choosing to start their higher […]
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Finding a summer job as a student can be a real bummer. Whether you’re filling out an application at Wal-Mart or begging a relative to let you work for his landscaping crew that starts at 5 a.m., the prospects are usually as bleak as the pay. Not to mention the fact that summer plans can […]
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It’s a rough job market out there, and no one is feeling the effects of that more than new grads. When you’re at the bottom of the totem pole it can be hard to get a leg up, and there’s nothing more frustrating than sorting through a hundred applications that all require experience you haven’t […]
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Real estate investment has always been a game for the big dogs. With a high barrier-to-entry and a history of backroom deals and greasy palms, many investors would never even think of real estate investment as a viable option. Leave that for the big wigs, right? Not necessarily. Like many forms of investing, that stigma […]
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It’s easy to think of doctors and lawyers as being immune to financial problems. Just about any doctor or lawyer in movies or television is portrayed as wealthy, and anyone in those professions would be hard-pressed to stir up sympathy from friends and family because of financial trouble. What those people don’t see are the […]
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For most people, student loan debt is the scariest right after graduation. If you haven’t lined up a job, even thinking about that seemingly insurmountable debt can be enough to warrant a panic attack. But eventually, most graduates settle into one job or another and begin the long process of repaying those loans. It’s all […]