We don’t often think of college kids as being financially savvy, but there’s more here than meets the eye. College kids – by the very fact that they are students and have little money – have no choice but to be financially savvy. Here are a few things I’ve learned (and implemented) from watching the college kids around me.
Saving
Diversifying Your Emergency Fund
One area where I like to have a lot of different backup plans is with my emergency fund. Instead of one emergency fund, I have multiple layers of emergency funds, each working on top of the other. Here are the three types of emergency funds I have and how they all work together.
Making An Extra $1,000 Per Month – An Audacious Goal And Completely Achievable
You don’t need to create any goals when it comes to figuring out ways to earn more money. If you want to earn extra income and can do so in a way that you enjoy, then that’s great! Any amount – no matter how big or small – can help you with whatever financial goals […]
Some Perspective On My 1099-INT Income
Each year when I do my taxes, I end up having to gather dozens of different 1099-INT forms. For those of you that don’t know what these are, a Form 1099-INT is the documentation that you receive whenever you earn anything that is classified as interest income. The interest you earn on a bank account, […]
I’m Switching Banks – But Which Bank Should I Use?
The most important part of anyone’s money system is their primary checking account. This is the financial inbox of your money system – the main checking account where most of your income goes into and that you pay your bills out of. For the most part, you probably won’t change this bank account very often, […]