If you are self-employed, then you might want to establish a Solo 401k. It is a retirement savings option available to people who work for themselves. If you own your own business and your only other “employee” is your spouse, then you still qualify for a Solo 401K. However, if you have your own business […]
savings
Don’t Get a PayDay Loan. Do These Things Instead.
If you’re in a financial bind then it can be really tempting to get a PayDay Loan. Maybe you walk by a store advertising them. More likely, you realize that you can easily access these immediate loans online. It’s tempting … but it’s a mistake. The Problem with PayDay Loans PayDay Loans are predatory. In […]
Get a High Yield Savings Account Before It’s Too Late
Right now is a great time to put your money into a high yield savings account. That’s because interest rates are particularly high right now. However, some people say that high yield savings accounts are doomed. Therefore, you’ll want to act now, just in case. What Is a High Yield Savings Account? How much interest […]
Living in Asia as an Expat Might be An Expensive Choice
I have always thought that living as an expat was a frugal choice. Perhaps it’s because of the cliche image of the young backpacker forging their way around the world. More than that, though, I’ve had several friends who lived as expats around the world. Some of them went to Asia to teach English, fell […]
Don’t Forget The Bridge Period if You Want To Retire Early
If you want to retire early, then you have to plan accordingly. Unless you happen to strike it super rich when you’re young, early retirement means that you have to take a long view of your financial future. One of the things that people often forget is to plan for the bridge period. What is […]
What’s Up With Freelance Taxes?
Freelancing is often touted as a great side hustle, especially for those in debt. Almost any personal finance blog will tell you to start freelancing to earn some more cash. Freelancing writing, designing, photography- they’re all options! And while that is true, starting a freelance business comes with responsibilities. Specifically, tax responsibilities. The government wants […]
365 Day Money Saving Challenge for 2017
Raise your hand if you’re up for a 365 day money challenge! Any day is a good day to save money, am I right? I like a year long challenge because you save small amounts of money over a long period of time. Trying to pull large amounts of savings out of thin air is a […]
How To Set New Years Resolutions You Can Actually Achieve
There are three days left in 2016 which means we’re in prime resolution season. Be honest: are you setting New Year’s resolutions you can actually achieve?
Robo-Advisors: Letting Anyone Invest in the Digital Age
Another guest post? Heck yes! Today’s post comes from the adorable Desirae from Half Banked. She is a funny and intelligent writer, and today she sheds some light on robo-advisors and that whole investing thing. I’ll be the first to admit, investing is not my personal finance topic of choice. I’m all about the debt […]
I Don’t Budget, And It’s Ok
This may come as a shock to some of my newer readers, but I actually do not budget. I generally live my life on frugal autopilot- I just avoiding spending money. At this point, I’ve been doing this frugal living thing for two years, and I’ve optimized my life to save as much as possible. […]