Types of Loans to Consider Before You Turn to Payday Loans

types of loans you should consider before turning to payday loans

There are a million reasons you might find yourself needing extra cash. Maybe you have medical bills pop up, or a car repair that can’t wait. Maybe you just want to finish up a home improvement project. Whatever the reason, there are a lot of ways you can get your hands on the extra cash. DON’T take out payday loans. Instead, take a look at all the types of loans to consider before you turn to payday loans.

Types of Loans to Consider Before You Turn to Payday Loans

Payday loans range from $100 – $1,000 are unsecured loans, meaning there is no collateral.

The Trap of Payday Loans

If you’ve ever seen a commercial for a payday loan company, they can make it seem very attractive. You don’t have to wait for your paycheck, and you get the cash you need immediately.

What’s so wrong with that?

The problem . . . → Read More: Types of Loans to Consider Before You Turn to Payday Loans

How I Talked Myself Out of Buying a Better Car

talked myself out of buying a better car

Liz and I recently paid cash for a house, fixed it up, and sold it for a $27,000 profit! This allowed us to stash $122,000 in the bank, which is more money than we’ve EVER had at our disposal. It’s a great thing, but honestly, it’s giving me the “I want to buy some cool stuff” shakes. I know I know, it always seems like I’m so calm and collected when it comes to money, but everyone has their breaking point, right? Lately, because of this money in the bank, I’ve been subconsciously looking at cars again… This post is basically about my car fever and ultimately snapping myself out of it. Thankfully, I successfully talked myself out of buying a better car.

How I Talked Myself Out of Buying a Better Car

I currently drive a 2003 Pontiac Vibe. It has 167,000 miles on it, has quite a few . . . → Read More: How I Talked Myself Out of Buying a Better Car

How to Save Money On Your IT Costs

save money on your IT costs

Every small business owner knows that there are some expenses that fall into the “death and taxes” category – you just can’t avoid them. Top of the list comes tech. Even a self employed freelancer living nomadically and surviving from one gig to the next will shell out money on a decent quality laptop and the right software to do whatever it is they do.

How to Save Money on Your IT Costs

Whether you fall into that category or you operate a fledgling business that just might have the potential to grow into something more, tech is massively important for success. And it can also be a huge drain on finances. Here are some ways to ease the pain and save money on your IT costs.

Outsource IT support

There is a general misconception that the cheapest way to do something is to do it yourself. With IT support, . . . → Read More: How to Save Money On Your IT Costs

7 Reasons to Buy a Used Car Over a New Car

reasons to buy used over new

17.2 million new vehicles were sold in 2017, reports USA Today. Whoa. And, at an average price of $36,270 per vehicle, that’s 624 billion dollars that landed in the dealerships’ pockets. Seems like quite a few people are in love with their new cars. Not me. In fact, I can come up with plenty of reasons to buy a used car over a new car — seven to be exact.

7 Reasons to Buy a Used Car Over a New Car

This sounds like another one of those articles, huh? Blah blah blah, you’re dumb if you buy a new vehicle. But I wouldn’t skim over this one if I were you. It’s because of the reasons below that I will never buy a new vehicle for as long as I live…even if I’m a deca-millionaire.

I challenge you to learn the truth about buying used vs. buying used. . . . → Read More: 7 Reasons to Buy a Used Car Over a New Car

10 Habits to Reach Financial Freedom in a Hurry!

habits to reach financial freedom

It can be difficult to restrain yourself from spending too much with all of the temptations and distractions around you. Marketing campaigns can convince you that you need something you really don’t and before you know it, you have credit card debt, no savings and financial freedom is just an idea that you are unable to reach. Instead of spending and taking on more debt, take on better habits to reach financial freedom in a hurry!

10 Habits to Reach Financial Freedom in a Hurry!

This post has been written by Brenda Berg, a professional with over 15 years of experience in business management, marketing and entrepreneurship. She’s also a consultant and tutor for college students and entrepreneurs. Her belief is that constant learning is the only way to success. Want to learn more? Check her out at her personal blog – Letsgoandlearn.com.

1) Withdraw the cash before you go . . . → Read More: 10 Habits to Reach Financial Freedom in a Hurry!

Time For Your Mid-Year Tax Review – It Could Save You Thousands!!

mid-year tax review

Here’s how most people operate when it comes to their taxes… They claim zero dependents on their W-4 (even though they have 4 kids), they pay in way too much out of every paycheck throughout the year, and then they jump up and down and celebrate when they find out that they’re getting $6,000 back from Uncle Sam.

Let me be the one to bring you back down to reality (since everyone else is still in the clouds these days). You didn’t win the lottery. Instead…you simply overpaid on your taxes all year long, and then the government gave some of your money back a year later.

Others have worked their butts off and are earning far more than usual vs. last year (via their own businesses, house flips, or maybe via a promotion at work). This seems like fantastic news at first…but then you discover that you haven’t been . . . → Read More: Time For Your Mid-Year Tax Review – It Could Save You Thousands!!

How to Stretch Your Budget When You Live Paycheck to Paycheck

stretch your budget

It can seem hard to take control of your budget and finances when you live paycheck to paycheck. So how do you stretch your budget and break the cycle of paycheck to paycheck without becoming a millionaire overnight? Let me assure you, there is a way.

How to Stretch Your Budget When You Live Paycheck to Paycheck

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

There’s two days left in the month and you’re wondering where the heck all your money went again.

The dog needed shots, You probably went out to eat too many times, And who knows about the other few hundred that you figured you’d have left…

It has happened over and over again. You know it’s got to stop, but you’re just not sure how to break the cycle.

The time is now, and the method is right here. Keep reading and . . . → Read More: How to Stretch Your Budget When You Live Paycheck to Paycheck

10 Things That Will Absolutely Kill Your Net Worth

kill your net worth

Your net worth – simply described as what you own minus what you owe – is hands-down the most popular gauge for wealth. There are people in this world that have never earned more than $50,000 in a given year, but they’re worth millions. And then there’s a whole other class of people that earn $200k+ a year and are worth absolutely nothing. Whether you earn hardly anything or you make a ton, there are 10 things that will absolutely kill your net worth and I strongly urge that you watch out for them, avoid them, and prosper heavily because of it.

10 Things That Will Absolutely Kill Your Net Worth

When I was 23 years old and living on my own, I made a profound realization that changed the course of my life forever.

The bums living near my neighborhood earned very little, they owned practically nothing, and I . . . → Read More: 10 Things That Will Absolutely Kill Your Net Worth

How to Complete a No-Spend Challenge When You Have a Family

no-spend challenge with a family

If you’ve ever heard of a no-spend challenge, you may have run across blog posts that say “Just cut everything out!” or “It’s super easy with the right mindset!”. While these sayings aren’t necessarily false, many of the people who talk about a no-spend challenge are single and don’t have children. So what do you do if you have a family but want to complete a no-spend challenge?

How to Complete a No-Spend Challenge When You Have a Family

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

You’ve got a spouse…and kids. Sure, life can seem expensive at times, but saving money is definitely still a possibility. And, a no-spend challenge can still be done as well. Follow the steps below and you’ll almost certainly find more money in your pocket at the end of the month!

Related: 10 No-Spend Challenges Everyone Should Try

Get Your . . . → Read More: How to Complete a No-Spend Challenge When You Have a Family

8 Scary Simple Acts That Will Keep You Broke Forever

stay broke forever

If you don’t have $2,000 in your bank account right now, you’re broke. Of course, this isn’t the official definition, it’s just one that I made up based on my experience with people, their spending habits, and the cost of the typical emergency. Considering that only 39% of Americans have $1,000 in the bank, most of you reading this are probably sitting in the “broke” camp. It’s time to wake up, because it’s your simple actions every day that will keep you broke forever.

8 Scary Simple Acts That Will Keep You Broke Forever

Do you get to the end of every month and wonder where the heck all your money went? And then you do the exact same thing the next month…and the next month…and pretty much every month after that? It’s a vicious cycle that won’t end until you decide to end it.

Below are all the things . . . → Read More: 8 Scary Simple Acts That Will Keep You Broke Forever