Hey there, welcome to the new year! You feeling that New Year, New You vibe? Me too. I'd just like to throw out a little question to all the money nerdlings out there: What's the new hotness in your life? Is it a present, a person, a pet? This year, I want you to consider … Continue reading Welcome to 2018! What’s Your New Hotness?
When I graduated from college, my dad sat me down and explained that he wanted to help me open up a Roth IRA. A what-now? This did not sound like fun. I figured anything that is named by a bunch of letters is usually complicated and when it comes to money, complicated is scary. As … Continue reading What is an IRA?
Probably the most daunting hurdle in your quest to get smart about your money and build wealth is the very first step: getting started. Dealing with money can seem scary and feels like a huge chore, so it gets treated like the laundry you don't really want to do -- left in a dark corner … Continue reading How to start getting your finances together
This one's pretty easy. An emergency fund or "rainy day fund" is any money that you have set aside to use ONLY IN CASE OF EMERGENCY. The purpose of an emergency fund is to be a safety net in case you have an unexpected bill that would wipe out your checking account. Experts recommend keeping … Continue reading What is an emergency fund?
I tutor students during the week, and I always like to ask a little about what their passions are so I can get to know them a little better. This helps me tailor the lessons a bit, but also gets them comfortable in class. Last week, I was working through a cost/revenue problem with a … Continue reading How one teen started a business by accident
Welcome back to our What Is? series of posts. Today, we'll tackle an exciting topic with a snooze-fest name -- the 401(k). The term 401(k) may look like something out of Algebra class, but it's actually one the most important perks any job can offer. More important than free food and a foos-ball table? Oh … Continue reading What is a 401(k)?
First off, if you don’t know what I mean when I say “investing”, check out What is investing? and then come back. All good? Okay. Instead of jumping into why you should invest, maybe we should address some reasons people have for not investing. 1. It seems hard Many things seem hard or confusing before … Continue reading Do I really have to invest?
Saving money is easy. Don’t spend it! Okay, so maybe it isn’t always as easy as it seems. As a teen or freshly-minted adult, it can be frustrating to be caught between having your parents pay for everything and paying your own way. Most jobs that are available to high school and college students don’t … Continue reading Finding a Reason to Save
It’s the most wonderful time of the year: Snow Day Season! In the winter, students all over the country wear their pajamas inside out and flush ice cubes down the toilet, hoping they’ll wake up to several inches of snow and no school. And every so often, it works! (Not really, but it’s fun to … Continue reading Snow day? Money day!(w/ Printables)
Just a head's up, this post is not short. It has a lot of important info though, so if you make it to the end, I promise to have a shot of cuteness waiting for you. 😉 So you're looking to open a savings account. Yay! Whether you've checked out my post explaining what a … Continue reading How to pick the right savings account