How does the Bingo Money Challenge work? This money-saving game can help you put more cash away for a rainy day, an emergency car repair, or even a vacation. The Bingo Money Challenge is deceptively simple but has the potential to save you a lot more money than you might think. How The Bingo Challenge Works This money-saving strategy is something we defined as a “game” in the opening paragraph, and it’s true; this is basically gamifying your … [Read more...]
Stay Financially Healthy In 2020
What does it take to be financially healthy in 2020? If you ask a consumer credit expert or someone at the Consumer Financial Protection Bureau, the advice may have a lot to do with the timing of your payments and not just how much you are able to pay and save in the new year. Buying A Car In 2020 If you plan to buy a car in the new year, staying financially healthy means not only shopping for the best new car or used car deal you can find. It … [Read more...]
Common Mistakes People Make in Their 20’s
When I got my first job out of college, I was paranoid about making money mistakes, but I had no idea what I was supposed to be doing. I certainly didn't make all the right choices, but here are some common mistakes people make in their 20's Taking Out Too Many Loans In college, it's easy to think "Oh, I can just take out this loan now and pay it back when I get a job." Student loans are one of the biggest expenses for people in their 20's. … [Read more...]
Planning for Infrequent Bills
One of my big financial goals this year was to successfully plan for my infrequent bills - things that come once or twice a year. Some examples include home and auto insurance, professional fees, and my property tax bill. None of these bills are unexpected and I’m certainly not surprised when they arrive, but for years, I was always unprepared for them and the expense would end up doing damage to my budget. This year, I worked hard to make … [Read more...]
Saving Money In The 2020 Economy
Do you need to save more money in the 2020 economy? There are some developments in the last days of 2019 that will have an effect on some aspects of life, while other money-saving ideas are tried-and-true, but need an update for the 21st century. You can add to your savings in the new year with a few simple tricks. Home Owners And House Hunters There have been many articles written about how amazing 2019 was for home buyers, those who want to … [Read more...]