10 Ways to Save Money for Study Abroad

save money for study abroad

Many students at some point have thought countless times about ways to save money for study abroad. Higher education is not very cheap and one may think paying for that alone is a lofty enough goal. Study abroad can cost much more considering any extra things you may need for your stay out of country. However, in this post we’re going to show how you can get money and save money for study abroad.

10 Ways to Save Money for Study Abroad

And here’s this list! Take notes, implement them, and save money for study abroad!

1) Savings Account

Opening a savings account is one of the best, and most popular, ways to save money.

Saving money may seem boring, but think about the benefits you can get after graduating from a prestigious university. The main rule of effective saving for a bank account is to limit the amount of . . . → Read More: 10 Ways to Save Money for Study Abroad

6 Financial Goals to Strive For This Year

financial goals to strive for

Finances are often a touchy subject. After all, nobody wants to talk about them, and most people get anxious thinking about their financial future. Want to get rid of this anxiety? It’s time to learn about the important financial goals to strive for this year. Instead of worry, you’ll be carefree and happy, with your finances being the last thing on your mind.

6 Financial Goals to Strive For This Year

Did you know that 73% of Americans die with debt? While getting out of debt is a big goal, it shouldn’t be the only financial goal you should set for yourself. Instead, you want to ensure you are making smart choices today while also preparing for the financial future. So if you’re looking to get a better grasp on your financial situation, here are 6 financial goals to strive for this year.

1) Have an emergency fund

Emergencies happen, . . . → Read More: 6 Financial Goals to Strive For This Year

Pay Off the Mortgage Fast (Like Us) With This Totally FREE Tool!!

pay off the mortgage fast - free tool

You’re out of consumer debt, you’ve got your emergency fund, you’re investing for your retirement, and now you’re finally ready to tackle the behemoth – the mother of all debts…the house! Congrats!! Just think about the future you’ll have here – use the tool below to pay off the mortgage fast, bump up your retirement savings yet again, and then still have so much extra money that you won’t even know what to do with it all!

These are good problems to have, so let’s get you there and pay off the mortgage fast!

How to Pay Off the Mortgage Fast (Like Us!)

We were completely out of debt, owned two rentals that we paid cash for, and our retirement funds were soaring…but somehow, we just weren’t content. Life wasn’t what we expected it to be.

Maybe it was the fact that our house was originally mine and my ex’s, . . . → Read More: Pay Off the Mortgage Fast (Like Us) With This Totally FREE Tool!!

How to Start a Business Without a Loan

start a business without a loan

One thing that’s typically pretty hard to get around when starting a new business is applying for a loan. A business loan can really help get your business off the ground. If you’re already in debt with student loans or a mortgage, or have doubts about the state of your credit rating, it can be enough to discourage some people from even trying.

This can be terribly frustrating. For instance, when carrying around a perfectly viable idea but you realize the enterprise will likely never see the light of day due to no financing options. It would be ideal to get approval for a business loan when starting your business. But, what if you could launch a new business without a bank loan?

How To Start a Business Without a Loan

The most obvious way to avoid borrowing the funds you need from a bank is to dip into your . . . → Read More: How to Start a Business Without a Loan

What Should You Do If You Can’t Afford Your Student Loan Payments?

can't make your student loan payment

“Go to college” they said. “Get a degree in something” they said. “Then you’ll find a great job and prosper. Unfortunately, they said nothing about how much is too much when it comes to student loan borrowing. Oh, and they failed to mention the highly competitive job market….So now you’re stuck with a mediocre job and can’t afford your student loan payments…

You’re in a mess, but you don’t want to do something stupid that puts you in an even bigger hole. So what are your options? What should you do if you can’t afford your student loan payments?

What Should You Do If You Can’t Afford Your Student Loan Payments?

First of all, you’re not alone in this. Out of 5 million student loan borrowers that entered the workforce in 2014, nearly 600,000 of them have already defaulted on their loans – that’s over 11%!

The key here isn’t . . . → Read More: What Should You Do If You Can’t Afford Your Student Loan Payments?

5 Ways to Save and Get Out of Debt

ways to save money and get out of debt

Debt can make it impossible to live a normal and happy life. When you’re constantly worried about making payments and stressing about how you’re going to get out of debt, it’s hard to stay positive. Sadly, we live in a culture of credit, and most people are way too willing to make purchases that they can’t afford to pay off quickly. This leads to ever-increasing amounts of debt that can quickly become a nightmare situation. So why not think of ways to save and get out of debt?!

5 Ways to Save and Get Out of Debt

By understanding how to start saving money and committing yourself to paying off your debt, you can achieve financially freedom and stability. While it won’t happen overnight, if you stick with the plan, you can see a drastic reduction in your debt.

Here are 5 great ways to save and get out of . . . → Read More: 5 Ways to Save and Get Out of Debt

How to Prosper Financially WITHOUT a Budget

share bank accounts

Budgeting…blagghhh. What a bore. What a hassle. And what a restrictive thing to put on yourself and your family. For some, budgets can actually be freeing – enabling an extreme saver to plan and spend money without feeling guilty. For the rest of us though, budgeting is just a measure of control over a spouse or an annoyance that’s always there to make you feel terrible when you accidentally overspend. Liz and I have decided NOT to meet up each month to talk about the budget. Instead, we’ve actually devised a way to prosper financially WITHOUT a budget.

How to Prosper Financially WITHOUT a Budget

It all started about two years ago. My wife Liz was 7.5 months pregnant with our firstborn, and we decided to go on one last hoorah before becoming shackled down by kids for the next 20+ years of our lives.

Our romantic getaway? Renting a . . . → Read More: How to Prosper Financially WITHOUT a Budget

Is An Emergency Fund or Sinking Funds Better For Your Finances?

emergency fund or sinking funds

Around this time of year, you might start seeing social media posts and articles from your favorite personal finance blogs that scream “Christmas isn’t an emergency, start saving now!”. While Christmas isn’t an emergency, and you should save for it, that begs the question..is it even worth it to have an emergency fund anymore? Or is the new wave of sinking funds a better choice? If you’re trying to choose between an emergency fund or sinking funds, this article is tailor made for you.

Is An Emergency Fund or Sinking Funds Better For Your Finances?

This has been written by our talented staff writer, Kimberly Studdard.

First of all, what’s the difference? And then which one is better for your situation? Let’s dig in!

An Emergency Fund

When choosing between an emergency fund or sinking funds, it’s important to know the differences between them. An emergency fund is just as . . . → Read More: Is An Emergency Fund or Sinking Funds Better For Your Finances?

How to Bounce Back From an Unexpected Emergency

bounce back from an emergency

Life can be rough. Whether we like it or not, bad things will happen. It’s inevitable.

People get sick Our cars break down Our kids get injured

Far too often, people are impacted by an unfortunate event, which drives them into debt. And then they do nothing… They just keep that debt around forever. This is obviously not the best plan. You’ve got to figure out how to bounce back from an unexpected emergency!

How to Bounce Back From an Unexpected Emergency

This post has been written by our talented staff writer, Kimberly Studdard.

So how do you bounce back from an unexpected emergency financially? While it may seem difficult, there are many ways you can do so.

Face The Problem

As much as you may not want to, it’s important to face the crisis you are experiencing. If you hide from it, or try to avoid it . . . → Read More: How to Bounce Back From an Unexpected Emergency

How to Have a Healthy Conversation About Money with Your Spouse

Have a healthy conversation about money

Whether you’re preparing to get married or you’re celebrating your silver wedding anniversary, money will always be a challenge in your relationship. It can be the source of hurt, but it can also be the source of enormous growth. That growth begins with one healthy conversation about money at a time.

Did you know that the number one source of conflict in the first few years of marriage isn’t in-laws, children, or religion? It’s money.

Also, the more debt brought into a marriage, the greater potential for strife. How many young couples do you know who are crazy about each other, but they’re tying the knot with six figures worth of combined student loan, credit card, and/or auto loan debt?

Perhaps that describes you? Now, you may be wondering how you’re supposed to tackle such a mountain, let alone develop healthy communication skills about finances. Here are seven nuggets of . . . → Read More: How to Have a Healthy Conversation About Money with Your Spouse