Gen Z is Smart About Money…True or False??

Gen Z is smart about money

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Ah Generation Z, the last generation to experience playing outside while having electronics. The generation born between 1996-2009. The generation that saw how the economic recession (that started in 2008) affected their parents and even their siblings. But now, Gen Z is coming into the workforce, going off to college, and will slowly but surely start taking over the world and the economy. Now, don’t get scared. Gen Z is smart about money (unlike their parents…), and we can actually learn a lot from them.

How Gen Z is Smart About Money (And How to Learn From Them)

This post is written by our talented staff writer Kimberly Studdard.

Alright…so Gen Z is smart about money. What does that really mean? What . . . → Read More: Gen Z is Smart About Money…True or False??

Most Go Bankrupt Because of Medical Debt – Don’t Let It Happen to You!!

bankrupt because of medical debt

In 2017, exactly 767,721 people filed for bankruptcy in the United States. That’s right, in one of the the best economic years to date, over three-quarters of a million people decided that they were in such bad shape financially that it would simply be impossible to get out. Strange, right? Well, not really. Not based on the reason they provided. As it turns out, over half of them went bankrupt because of medical debt.

What I want to do is tackle this stat head on. What’s the detail around it? Would it be possible for people to get out of their medical debt? And how could they avoid becoming part of this stat in the first place?

Bankrupt Because of Medical Debt – How You Can Avoid It

The numbers are actually quite unclear around the exact causes of bankruptcy in America. But, for the last 15 years (at least), . . . → Read More: Most Go Bankrupt Because of Medical Debt – Don’t Let It Happen to You!!

10 Things That Affect Your Car Insurance Rates

affect your car insurance rates

It can be risky getting on the road. There are on average 6 million car accidents every year in the US. In 2017, over 40,000 fatalities occurred on the road in the US. This gives you a picture as to why auto insurance is needed. While the need is clear, how insurers calculate your premium can be more of a mystery. While car payments stay fixed and gas prices change some, auto insurance rates can seem to swing wildly. Below are 10 things that can affect your car insurance rates.

10 Things That Affect Your Car Insurance Rates

Rest assured your rates aren’t created by the roll of the dice, but rather by some consistent factors. Knowing what insurers are looking at can help you estimate your costs and possibly lower them.

1) Age

How old you are is a major factor in what kind of driving risk you are . . . → Read More: 10 Things That Affect Your Car Insurance Rates

A Few Reasons You Should Invest in Real Estate

invest in real estate

Have you ever thought about investing in real estate? Plenty of people do it. Some are wildly successful…others fail miserably. So how do you know if you should invest in real estate? There are a few reasons, and this article should help clear up your curiosity.

A Few Reasons You Should Invest in Real Estate

There are plenty of reasons to commit some of your financial resources to real estate, but the same could be said of nearly any type of investment. If you’re on the fence about fencing off some property of your own, it might be a good idea to look at what this type of commitment can do for you. If it fits your personal and financial goals, then you’re well on your way to a decision. Before you start, make sure to consider:

The length of time you plan to own the investment Your initial capital . . . → Read More: A Few Reasons You Should Invest in Real Estate

Keeping Yourself and Your Money Protected – Finding the Right Insurance Company

buying life insurance - money protected

Insurance can be crucial in various scenarios, and that’s why companies stand at your disposal with numerous possibilities in this department. Buying life insurance is one of the most important purchases you will be making, so you shouldn’t rush into any decisions without having thought through every relevant detail through. When attempting to keep yourself and your money protected, be sure to slow down, think, and be selective.

Related: Dear Wife, I’m Dead. Here’s What You Need to Do

Keeping Yourself and Your Money Protected

For total financial health protection, it’s quite essential to choose your insurance company by the book, and there are a few guidelines that will help you do that. Here’s what you need to focus on most when you are browsing through offers and on the point of making a final choice.

Third Party Ratings

You should never look into what a certain insurance company promises . . . → Read More: Keeping Yourself and Your Money Protected – Finding the Right Insurance Company

6 Reasons Why We’ll Never Flip Another House

never flip another house

Just two months ago, my wife and I made a $27,400 profit from a flip house. Then we vowed to never flip another house again in our lives…

6 Reasons Why We’ll Never Flip Another House

Okay, sure, it was fun to make the house purchase, fix everything up with our bare hands, sell the property, and then put a huge lump of cash in the bank…but those were about the only positives. Plenty of other negatives came along for the ride, which is why we feel as strongly as we do to never flip another house.

1) Time Away From Family

When we took on this house flip, I made a promise to myself that I wouldn’t let this work take over my life and take me away from my family. Overall, I thought I did a pretty good job.

I worked at the house during my lunch breaks, . . . → Read More: 6 Reasons Why We’ll Never Flip Another House

5 Ways to Improve Your Finances With Instagram

improve your finances with instagram

Social media doesn’t have to be all bad. While many blogs advise to be careful using social media because it can make you spend more money or have FOMO (fear of missing out). In reality, it can actually help you be better with your money. One of my favorite places to learn all about how others are bettering their finances is Instagram. It has been inspirational, even for a personal finance geek like me. Here are my 5 favorite ways that you can improve your finances with Instagram.

5 Ways to Improve Your Finances With Instagram

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

1) Debt Free Tribe

Did you know that there is a huge debt free community on Instagram? There are so many people who are on their debt free journey, and you can find just about anyone who is on the same path . . . → Read More: 5 Ways to Improve Your Finances With Instagram

10 Financial Milestones to Hit By Age 35

financial milestones to hit by age 35

Are you creeping up on your mid-thirties? Are you wondering how well you’re really doing financially? You’re definitely not alone. Since money is basically everyone’s dirty little secret (regardless of whether it’s good or bad), it’s sometimes hard to know how you measure up and if you’re doing enough for your future self. Today, we’re tearing down the wall of secrets and leading you straight down the path of success! It’s time to go through the top 10 financial milestones to hit by age 35.

In this post, you’ll get to see where everyone else is and where you should be financially as well!

Related: How to Retire with $3 million by Age 52

10 Financial Milestones to Hit By Age 35

Do you currently own a house that has more space than you really know what to do with (you know…other than load it up with totes full of . . . → Read More: 10 Financial Milestones to Hit By Age 35

We Just Got Infinitely Richer 3 Days Ago…

infinitely richer

You know how a select handful of people win the lottery each year? We were just one of those people. Except…we didn’t win the Mega Millions or the Michigan Lottery. Heck we didn’t even win a scratch-off (in order to win these things, you’d actually have to play…and we don’t. We’re just too smart for that! :))

Instead, we won the lottery of new life!

We Just Got Infinitely Richer 3 Days Ago…

Just 3 days ago we welcomed into the world a new beautiful baby boy, Eli. He’s perfectly healthy, happy, (and still very sleepy). Our daughter (who is two), is handling the transition like a champ so far. I’m sure we’ll have our challenges, but we need to continue to recognize how blessed we are to have a growing, healthy family. And that we are infinitely richer with this new addition.

A Look Back on My Life . . . → Read More: We Just Got Infinitely Richer 3 Days Ago…

3 Ways to Calculate Which Debts to Pay Off First

which debts to pay off first

Paying off debts can be a daunting task. Whether you find yourself knee-deep in credit card debt, struggling to make ends meet every month, or desperately wish that you could pay off those student loans, there is hope. Once you’re ready to tackle them though, how do you know which debts to pay off first?

3 Ways to Calculate Which Debts to Pay Off First

There are a few methods to determine which debts to pay off first, based on what your goals are and how immediately you need results. Understanding these methods will help you better tackle any debt.

1) In Order of Interest Rate

One method for paying off debts is to rank your debts in order of the interest rate. It makes sense to pay off the debts that are accruing the most interest first since those are the ones that can end up costing you . . . → Read More: 3 Ways to Calculate Which Debts to Pay Off First