Heading off to college is an exciting time. You’ll meet new people, explore new places, and experience new things. But it’s no secret that college isn’t cheap. That’s why it’s crucial that you have a budget that’s both realistic and flexible. We’ve put together ten tips to help take your money further while limiting how much you need to borrow in student loans.
We all have them. We know they cost a small fortune. Yet, instead of canceling subscriptions, we find ourselves subscribing to even more. The following guide will shed light on the financial toll these monthly fees take on your budget – and walk you through how to regain your hard-earned money.
Building wealth and achieving financial freedom stem from your ability to save money. The best way to ensure you’re saving regularly is through budgeting. Put your budget to work for you by reviewing six common mistakes people make - and learn how to avoid them.
Few people can afford to pay cash upfront for things like cars, homes, or a college education. Access to credit and loans allows you to achieve major milestones and improve your financial position. However, with such easy access to credit, many find themselves over-relying on it. While eliminating debt can often feel impossible, many are surprised to learn they have more control over the situation than they believe.
When inflation started to pick up, it was an annoyance. Prices were rising on groceries, and dining out became a luxury. Fast forward a year, and prices are up on just about everything, including utilities, gas, and even car insurance. Inflation is wearing people financially thin. However, there is a way to make ends meet without draining your savings or incurring high-interest debt. It’s called a HELOC.
Budgeting often gets a bad rap. Sure, creating and maintaining a budget might feel like a hassle sometimes. They can be time-consuming, restricting, and can even feel self-defeating on occasion. Yet, there is no better way to ensure your financial well-being than through a well-maintained budget.
Valentine’s Day is right around the corner, and everyone knows “Diamonds are a Girl’s Best Friend.” While that tune might ring true, crafting a memorable moment for your sweetheart doesn’t have to cost an arm and a leg. All it must do is come from the heart. So, let’s take a dip in the romance pool and find out how you can create an unforgettable Valentine’s Day for your sweetheart – without breaking the bank.
Sometimes you need quick access to money. The car engine light came on. The refrigerator is on its last legs. You’re facing a reduction in hours at work. Unplanned expenses and financial hiccups pop up regularly. While payday loans might seem like a quick fix in a pinch, other, more affordable alternatives are available.
Interest rates continue to rise. It’s great for savers - higher saving yields provide greater earning potential. However, it’s an entirely different story when loan rates are also increasing – especially if the interest rates on your loans are variable. Sudden jumps can derail your budget instantly if you’re not prepared.
If you’ve ever tried to shed a few pounds, you know there are plenty of diets to choose from. But most diets have one thing in common – they’re unsustainable. It's the same for monetary goals - from trying to save more or cut down on frivolous spending. True success involves lifestyle changes – altering how you view and interact with money (or food).
