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Lessons You Can Learn About Money And Life From Observing College Students

Last Updated on July 16, 2021July 16, 2021 4 Comments
This post may contain affiliate links. Affiliate Disclosure.This post may contain affiliate links. Financial Panther has partnered with AwardWallet and CardRatings for our coverage of credit card products. Financial Panther, AwardWallet, and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact on how and where card products appear on the site. The site does not include all card companies, or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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.

Diversifying Your Emergency Fund

Last Updated on May 20, 2021May 20, 2021 5 Comments
This post may contain affiliate links. Affiliate Disclosure.This post may contain affiliate links. Financial Panther has partnered with AwardWallet and CardRatings for our coverage of credit card products. Financial Panther, AwardWallet, and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact on how and where card products appear on the site. The site does not include all card companies, or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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

Last Updated on April 5, 2021April 2, 2021 2 Comments
This post may contain affiliate links. Affiliate Disclosure.This post may contain affiliate links. Financial Panther has partnered with AwardWallet and CardRatings for our coverage of credit card products. Financial Panther, AwardWallet, and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact on how and where card products appear on the site. The site does not include all card companies, or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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

Last Updated on August 28, 2021March 17, 2021 17 Comments
This post may contain affiliate links. Affiliate Disclosure.This post may contain affiliate links. Financial Panther has partnered with AwardWallet and CardRatings for our coverage of credit card products. Financial Panther, AwardWallet, and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact on how and where card products appear on the site. The site does not include all card companies, or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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?

Last Updated on October 14, 2021January 22, 2021 33 Comments
This post may contain affiliate links. Affiliate Disclosure.This post may contain affiliate links. Financial Panther has partnered with AwardWallet and CardRatings for our coverage of credit card products. Financial Panther, AwardWallet, and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact on how and where card products appear on the site. The site does not include all card companies, or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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, […]

Bank Account Bonus Rules: How Do I Keep Earning Bank Bonuses Each Year?

Last Updated on April 11, 2023November 28, 2020 18 Comments
This post may contain affiliate links. Affiliate Disclosure.This post may contain affiliate links. Financial Panther has partnered with AwardWallet and CardRatings for our coverage of credit card products. Financial Panther, AwardWallet, and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact on how and where card products appear on the site. The site does not include all card companies, or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

A reader recently asked me a question that I thought was worth answering in a full post. His question – how do I keep earning so many bank account bonuses each year? It’s a question that I hadn’t really thought about, but indeed, over the past five years, I’ve earned more from bank account bonuses […]

Becoming A Millionaire With The $30 A Day Retirement Strategy

Last Updated on March 27, 2024November 23, 2020 4 Comments
This post may contain affiliate links. Affiliate Disclosure.This post may contain affiliate links. Financial Panther has partnered with AwardWallet and CardRatings for our coverage of credit card products. Financial Panther, AwardWallet, and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact on how and where card products appear on the site. The site does not include all card companies, or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

There’s a little-known fact about investing that most people don’t appreciate until they really think about it. That fact is this: if you give yourself enough time, the amount you have to save in order to end up with a large sum of money is actually very reasonable. Perhaps nothing can open your eyes to […]

Coast FIRE: The Tipping Point On The Path To Financial Independence

Last Updated on April 17, 2023November 18, 2020 21 Comments
This post may contain affiliate links. Affiliate Disclosure.This post may contain affiliate links. Financial Panther has partnered with AwardWallet and CardRatings for our coverage of credit card products. Financial Panther, AwardWallet, and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact on how and where card products appear on the site. The site does not include all card companies, or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

A brand of FIRE that everyone pursuing financial independence will have to hit at some point is Coast FIRE. Coast FIRE is defined as when you have enough money saved up that, without any additional contributions, the growth on that initial nest egg will be enough to fully support your lifestyle at traditional retirement age. This is possible because of the power of time and compound interest.

Comparisons, Anchoring, And How To Barely Scrape By On A $400,000 Income

Last Updated on August 28, 2021October 18, 2020 6 Comments
This post may contain affiliate links. Affiliate Disclosure.This post may contain affiliate links. Financial Panther has partnered with AwardWallet and CardRatings for our coverage of credit card products. Financial Panther, AwardWallet, and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact on how and where card products appear on the site. The site does not include all card companies, or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

The first real job I ever had was as a lawyer at a big law firm. The job paid six-figures per year, so at 26-years-old, I was making an income that put me in the top 5% of earners in my age group. It was an unreal sum of money for me. Up until that […]

Health Insurance When You’re Self-Employed

Last Updated on August 28, 2021September 19, 2020 2 Comments
This post may contain affiliate links. Affiliate Disclosure.This post may contain affiliate links. Financial Panther has partnered with AwardWallet and CardRatings for our coverage of credit card products. Financial Panther, AwardWallet, and CardRatings may receive a commission from card issuers. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact on how and where card products appear on the site. The site does not include all card companies, or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

When I quit my job last year to go full-time with blogging and side hustling, not only did I lose my steady paycheck, I also lost my health insurance. The health insurance I had at my job was pretty good too. My employer paid my monthly premiums, which meant I paid nothing for my health […]

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