The Importance Of Having An Emergency Savings Fund Got unforeseen medical expenses? Does your car need some major repair work? Did you recently lose your job? If your answer is yes to any of the questions above, having an emergency savings fund should be a top priority. And if not, be prepared to deal with…
An emergency fund is an integral part of any financial plan. If you’ve ever had to suddenly come up with $500 for an unexpected expense like a car repair, you know how hard it can be without some savings set aside. The size of your emergency fund depends on your situation and goals, but the…
In debt? If you have been struggling with debt for a long time, then you know that it can feel like there’s no end in sight. It’s easy to get discouraged and feel hopeless when your debt seems impossible to pay off. However, paying off debt is possible! The debt snowball is the easiest way…
It can be tough to get out of debt. But with a little bit of organization and planning, you can be debt free by 2022. Key Strategies to Paying Off Debt; 1- Debt Snowball 2- Debt Avalanche 3- Debt Consolidation The first step is to create a budget. You need to figure out how much…
Having multiple bank accounts is generally recommended for anyone making money. But you might be asking, how many bank accounts should I have? In this video, I share one money management strategy where you should have at least 4 bank accounts consisting of two checking accounts and two savings accounts. Financial Expert, Tiffany Aliche, said…
“Hey, money money money money money money money,” you hear it all the time in rap videos. But, managing your money is cool, not wasting it on designer clothes, foreign luxury cars, and popping bottles at the club – actually, financial planning is cooler than that. Alright, I won’t front – a nice sport or…
How to Keep More of Your Money Whether it’s the end of the year or the beginning, you can always take steps to be prepared for tax time. This video covers 15 tax write-offs for businesses and self-employed individuals that will help you to keep more of your money. After all, if you are self-employed,…
Christmas is coming – have you started to plan for it? How about that new car or vacation you want at the beginning of 2022? Along with deciding what presents you’ll be getting your loved ones or thinking about what kind of car you want or where you’ll be traveling to, have you made a…
Richard Fain, the former NFL player turned YouTube financial guru, is among the few YouTubers I watch fairly consistently. I’ve never really disagreed with him. Still, I don’t, but I was surprised to watch his recent video on credit card arbitrage and how you can use credit cards to make money and build wealth. Credit…
Many people save money in an emergency fund account. Emergency funds are used for people to save up money for any possible emergencies or disasters that may occur. But what about an emergency savings fund vs. investing? Is an emergency fund better than investing, or vice versa? Well, I would like to discuss this matter…