Please use this section to post & discuss about things related strictly to personal finances. Subject matter examples (but not limited to): · How did I fix/start building credit? · How do I manage my cash flow? (we do not use the word budget) · How to create an emergency fund? · Sharing artic

One of the things I do the last week of the year is look at my last three months of bank statements.. I know this sounds cumbersome, but hear me out. I do this to outline all my expenses, deposits, etc. This allows me to see the expenses that I don’t need, the ones I do need, and where money is d

The first credit card I ever got sucked… 😂 was literally just borrowed money.. my credit cards now must come with perks.. I need high percentage cash back, points, air miles… SOMETHING🥴

This should come as no surprise since we are living through this. This will make the Fed continue to raise interest rates. This is not just a U.S. problem we maybe entering a Global recession with inflation rising in Europe & Japan https://finance.yahoo.com/news/june-cpi-preview-inflation-likely-

In light of the first Wealth Talk Wednesday of the year I wanted to share a handy dandy paycheck budgeting sheet that I have adopted and love! The sheet includes a space for your pay(s), bills, money envelope, sinking funds, extra debt, and extra savings. Money envelopes are for day to day expens

When it comes to managing personal finances, the rules that existed hundreds of years ago still apply today. Tools and systems have changed (i.e. online/mobile banking and Excel spreadsheets), but the rules have stayed the same. 1. Make your money make you more money: Money that has been invested p

Another app called Deferit allows you to pay your utilities, phone bill, etc in 4 easy payments just like Klarna or afterpay. This one also counts as a line a of credit, and does report. Great if you’re building your credit up! If you don’t need the extra breakdown and still want the credit his

So with the Fed raising interest rates your savings account should be making your more money. These are the best interest rates for savings account right now https://www.nerdwallet.com/m/banking/standout-online-savings-accounts-2?bucket_id=Alliant+%232+Mobile&ds_rl=1247681&gbraid=0AAAAADNEjT1v

The current FED referenced Paul Volcker. Paul Volcker is a former FED president who raised interest rates to 20% to get inflation back to normal. I don’t think interest rates will go this high again but they made it clear they will do what is needed to get inflation under control

Address your finances before they address you

Your credit score is one of the easiest ways financial institutions get to judge you. • Your credit score will determine the interest rate you pay on a loan • Insurers use credit scores to set premiums for auto and homeowners coverage • Landlords use them to decide who gets to rent their apartment

Its no secret the pandemic has caused many of us to readjust our finances. If you currently have debt do you have a plan to currently payback your debt or do you need help?

So I’ve been doing a little bit of searching for tools that’ll be super helpful for everyday bills & etc. I came across this app called Flex, it allows you to split your rent in half &&& reports your payments to the credit bureaus/counts as a line of credit 💪🏾💪🏾 Basically they front you the re

Inflation rose .1% despite gas prices continuing to drop. This means the FED will have to continue to raise interest rates to get inflation lowered. We will also see stocks drop today.

Loan forgiveness has been pushed back until Dec 31st.

Inflation is at a record high of 7%! Let’s talk about what this means for the average American today. Not only are items of daily living going up in price but you maybe getting a pay CUT! According to the Bureau of Labor Statistics (BLS), the national average gross salary in 2020 was $56,310. With

There is a huge stigma behind talking about personal finances. Its important to spark the conversation with your family in order to change the narrative and grow together.