Accomplishing our financial, career, and life goals together!
When it comes to paying off debt there are two notable methods, the avalanche method and the snowball method. The avalanche method focuses on paying off the loan with the highest interest rate first before moving on to the next highest interest rate. Step 1: Make sure your budget is up to date. If you … Read More “How the Avalanche Method Knocks Your Debt Out Fast!” »
When it comes to paying off Debt there are two notable methods, the snowball method and the avalanche method. The Snowball method focuses on paying off the smallest loan first before moving on to the next smallest and then the next. You take the win from paying off the first loan and use that momentum … Read More “Using the Snowball Method to Tackle Debt One Snowball at a Time” »
Hey Guys! Let’s settle right in to learning about budgeting, or as l like to call it, my savings plan. First thing first, you need to remember how important it is to live within your means aka don’t spend more than you make! A common ratio passed around is 50|30|20. 50% for needs, 30% for … Read More “Learn How to Make A Budget for All Your Finances” »
What is going on with the stock market? Well, to keep is simple, a Reddit group started a buying trend of the GameStop stock, GME, after it was identified that there were millions of shares being shorted by large hedge funds. This created a short squeeze between the Reddit group holding the shares of stock, … Read More “What Does Reddit Battling Wall Street Mean for the Average Investor?” »
In March of 2020, the Coronavirus Aid, Relief, and Economic Security Act also known as the (CARES Act) was passed dictating temporary federal student loan relief. The CARES Act initially suspended loan payments, made interest rates drop to 0% and stopped the collections on defaulted loans until September of 2020. Luckily, the loan relief was … Read More “What Does The End Of Suspended Loan Payments Mean?” »
Yay, we made it out of 2020. Congratulations! Since we are now cruising into 2021, I thought it would be a good time to look back on this past year. While 2020 was hard and pushed me out of my little bubble, it led to some high points in my life. I bought my first … Read More “2020 – A Year in Review 2020 | COVID and ALL the Craziness” »
While I know we all want to be able to retire one day, that journey will be different for each of us. No one person will be at the same stage in their own process. Some might be focusing on paying off student loans while others could be focusing on saving for a down payment … Read More “9 Steps To Become Financially Stable Now!” »
We’ve talked about creating our road maps and designing goals to get us there, now let’s dig into learning about finance. Just like creating a life plan, we need a way to assess how we are doing financially. One way is to look at your net worth. What Is Net Worth? Your net worth is … Read More “Determining Your Financial Health – What Your Net Worth Means” »
Goals are the foundation of how you get where you want to go in life! Since we just talked about creating our own personal life plans, today I want to go back and talk about setting goals. So, let’s look at what goals really are. People have been developing theories about goal setting since the … Read More “Setting Goals – Taking Control Of Your Life By Getting SMART!” »
We all know that this year has been absolutely crazy! With COVID and so many businesses shutting their doors, it has really made me think about where I am at in my life. I first created a life plan during a class in college and I have continually looked back on it over the years. … Read More “Creating Your Life Plan, A Road Map For Success” »
