Financial Panther - Page 46 of 50 - A Lawyer Side Hustling Towards Financial Independence

Net Worth Report – Q3 (2016)

Last Updated on October 5, 2016October 5, 2016 34 Comments
This post may contain affiliate links.Financial Panther has partnered with CardRatings for our coverage of credit card products. Financial Panther and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

Today’s post is the first in what I hope will be a series of quarterly net worth reports. I love seeing actual numbers from everyone in the personal finance community, so I thought I’d join the party and share my own numbers as well! It’s my hope that you find this report helpful as you continue on your own financial journey…

Kevin is an attorney and the blogger behind Financial Panther, a blog about personal finance, travel hacking, and side hustling using the sharing economy. He paid off $87,000 worth of student loans in just 2.5 years by choosing not to live like a big shot lawyer.

Kevin is passionate about earning money using the sharing economy and you can see all the ways he makes extra income every month in his side hustle reports.

Kevin is also big on using the latest fintech apps to improve his finances. Some of Kevin's favorite fintech apps include:

Personal Capital. One of best free apps you can use to monitor your portfolio and track your net worth. This is one of the apps Kevin uses to track his financial accounts.
SoFi Money. A really good high-interest checking account with absolutely no fees. It also reimburses all ATM fees worldwide. Even better, you'll get $75 if you open an account and have two direct deposits of at least $500 each.
M1 Finance. This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. It's great for a taxable account or if you are looking for a place to create a Roth IRA.
Dobot. This is a great microsaving app that monitors the cash flow in your bank account and saves away small amounts for you each week. It's free and you'll get $5 when you use it.
Credit Karma. A free credit monitoring app that everyone should use. It'll notify you of any changes to your credit report and is the best credit monitoring app out there.

[mailchimptm]

Feel free to send Kevin a message here.

September 2016 Side Hustle Report

Last Updated on March 11, 2017October 2, 2016 26 Comments
This post may contain affiliate links.Financial Panther has partnered with CardRatings for our coverage of credit card products. Financial Panther and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

A new month means it’s a good time for another side hustle report! For those of you that are new to the blog, each month, I document what I earned from side hustling using sharing economy websites.

My purpose in writing these reports is to show you the type of money that you can make using some of the skills and assets you already own. Even small amounts of side hustle income can add up to a large sum of money given enough time. The beauty of a side hustle, in particular, is the huge impact it can have on your savings rate. This is because every dollar you earn in a side hustle can be saved.

Kevin is passionate about earning money using the sharing economy and you can see all the ways he makes extra income every month in his side hustle reports.

Kevin is also big on using the latest fintech apps to improve his finances. Some of Kevin's favorite fintech apps include:

Personal Capital. One of best free apps you can use to monitor your portfolio and track your net worth. This is one of the apps Kevin uses to track his financial accounts.
SoFi Money. A really good high-interest checking account with absolutely no fees. It also reimburses all ATM fees worldwide. Even better, you'll get $75 if you open an account and have two direct deposits of at least $500 each.
M1 Finance. This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. It's great for a taxable account or if you are looking for a place to create a Roth IRA.
Dobot. This is a great microsaving app that monitors the cash flow in your bank account and saves away small amounts for you each week. It's free and you'll get $5 when you use it.
Credit Karma. A free credit monitoring app that everyone should use. It'll notify you of any changes to your credit report and is the best credit monitoring app out there.

[mailchimptm]

Feel free to send Kevin a message here.

Why Your Average Lawyer Can’t Pay Their Student Loans

Last Updated on October 31, 2018September 30, 2016 31 Comments
This post may contain affiliate links.Financial Panther has partnered with CardRatings for our coverage of credit card products. Financial Panther and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

I usually get praise for the fact that I was able to pay off $87,000 in student loans in 2.5 years. It’s definitely one of my proudest money moves and, importantly, it opened up a lot of doors for me. Not being forced to stay in any particular job because I “needed” the income greatly improved my quality of life.

But sometimes when I share my story, rather than praise, I’m met with scoffs.

Of course you were able to pay off your student loans quickly! You’re a big shot lawyer making six figures a year!

But these scoffs got me thinking. The assumption appeared to be that anyone in my position could do what I did.

So, if I was able to pay off my student loans off as fast as I did, why weren’t others in my position doing the same?

Kevin is passionate about earning money using the sharing economy and you can see all the ways he makes extra income every month in his side hustle reports.

Kevin is also big on using the latest fintech apps to improve his finances. Some of Kevin's favorite fintech apps include:

Personal Capital. One of best free apps you can use to monitor your portfolio and track your net worth. This is one of the apps Kevin uses to track his financial accounts.
SoFi Money. A really good high-interest checking account with absolutely no fees. It also reimburses all ATM fees worldwide. Even better, you'll get $75 if you open an account and have two direct deposits of at least $500 each.
M1 Finance. This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. It's great for a taxable account or if you are looking for a place to create a Roth IRA.
Dobot. This is a great microsaving app that monitors the cash flow in your bank account and saves away small amounts for you each week. It's free and you'll get $5 when you use it.
Credit Karma. A free credit monitoring app that everyone should use. It'll notify you of any changes to your credit report and is the best credit monitoring app out there.

[mailchimptm]

Feel free to send Kevin a message here.

Avoiding Paycheck Complacency

Last Updated on January 22, 2018September 28, 2016 32 Comments
This post may contain affiliate links.Financial Panther has partnered with CardRatings for our coverage of credit card products. Financial Panther and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

It’s pretty easy to become complacent when it comes to our paychecks. We collect them every two weeks and just assume that whatever amount is on that check is the amount we need to survive. It’s funny how your expenses always seem to match up to whatever amount is on your paycheck.

I think of this as paycheck complacency. First, we arbitrarily begin with some number on our paycheck that we often (perhaps unwittingly) choose. Second, we get used to that amount. Third, we assume that’s the amount we need in order to live.

Here’s the thing – you might think you need it all, but the reality is, you probably don’t.

Kevin is passionate about earning money using the sharing economy and you can see all the ways he makes extra income every month in his side hustle reports.

Kevin is also big on using the latest fintech apps to improve his finances. Some of Kevin's favorite fintech apps include:

Personal Capital. One of best free apps you can use to monitor your portfolio and track your net worth. This is one of the apps Kevin uses to track his financial accounts.
SoFi Money. A really good high-interest checking account with absolutely no fees. It also reimburses all ATM fees worldwide. Even better, you'll get $75 if you open an account and have two direct deposits of at least $500 each.
M1 Finance. This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. It's great for a taxable account or if you are looking for a place to create a Roth IRA.
Dobot. This is a great microsaving app that monitors the cash flow in your bank account and saves away small amounts for you each week. It's free and you'll get $5 when you use it.
Credit Karma. A free credit monitoring app that everyone should use. It'll notify you of any changes to your credit report and is the best credit monitoring app out there.

[mailchimptm]

Feel free to send Kevin a message here.

Podcasts I Recommend To Improve Your Financial Life

Last Updated on October 12, 2016September 25, 2016 15 Comments
This post may contain affiliate links.Financial Panther has partnered with CardRatings for our coverage of credit card products. Financial Panther and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

The great thing about technology is the ability to have an entire world full of knowledge and information at your fingertips. And in my opinion, one of the best ways to get information is through the medium of podcasts. There’s almost no other way to turn what might be considered idle or wasted time, into something really productive. Being able to gather information while commuting to work or walking around town is a major game changer. After all, we only have so many hours in the day, so podcasts are a great way to get some of those hours back.

Kevin is passionate about earning money using the sharing economy and you can see all the ways he makes extra income every month in his side hustle reports.

Kevin is also big on using the latest fintech apps to improve his finances. Some of Kevin's favorite fintech apps include:

Personal Capital. One of best free apps you can use to monitor your portfolio and track your net worth. This is one of the apps Kevin uses to track his financial accounts.
SoFi Money. A really good high-interest checking account with absolutely no fees. It also reimburses all ATM fees worldwide. Even better, you'll get $75 if you open an account and have two direct deposits of at least $500 each.
M1 Finance. This is a great robo-advisor that has no fees and allows you to create a customized portfolio based on your risk tolerance. It's great for a taxable account or if you are looking for a place to create a Roth IRA.
Dobot. This is a great microsaving app that monitors the cash flow in your bank account and saves away small amounts for you each week. It's free and you'll get $5 when you use it.
Credit Karma. A free credit monitoring app that everyone should use. It'll notify you of any changes to your credit report and is the best credit monitoring app out there.

[mailchimptm]

Feel free to send Kevin a message here.