Given the situation in our current world climate, many are thinking more about how to make their financial situation more secure. Maybe you’re swimming in debt or just nervous you won’t be able to make your next house payment — either way, you need a plan to turn your finances around.
From crippling student debt and job insecurity to increased costs of living and lack of savings, many millennials aren’t ideal candidates for homeownership. Despite these challenges, however, they’re finding ways to make the dream of having a place of their own a reality.
As with the current COVID-19 situation, we can best mitigate stressful situations by being prepared, and taking a logical approach to proceedings. We’ll take a look at a few of the key areas in which life tends to produce bumps in the road, and how we can take an effective, strategic, and calm approach to handling them.
It’s that time of year again. The time when you’re scrounging around for all those documents and receipts and trying to scrape up every last bit of information that will increase your likelihood of getting a refund.
That’s right. It’s tax season.
There is a lot of information out there today, over the student debt burden. News articles regarding the effects of the student loan on its borrowers, paint a very grim picture. Data shows that 44.5 million Americans owe $1.5 trillion in education debt. The average amount owed by a 2017 graduate stands at $37,102. This is a 78% rise from the average owed, a decade earlier.
Living paycheck to paycheck when I first left college, I didn’t have much money leftover at the end of each month to do much else other than make sure the bills were all paid and maybe treat myself to Starbucks. I wasn’t financially irresponsible by any means, but between rent, student loans, and other living expenses, cash was always tight.
Companies such as Tesla, Microsoft, Lionsgate Films, Expedia, WordPress, Virgin Galactic and others like PayPal have already embraced the use of cryptocurrency. According to the companies that have adopted its use, they’ve reported that cryptocurrency can eliminate various drawbacks experienced with traditional payment methods.
Life insurance is one of those necessities that can cost us a lot of money. It’s essential to purchase life insurance if you have a family and dependents or have outstanding debt. The issue, though, is that life insurance policies can get expensive very quickly.
Do you ever wonder where all your money has gone at the end of the month? The truth is, most people can cut their budget at least a little if they apply the right tactics. Here are a few simple ways you could save $200 or more this month.
Let’s face it, as an art graduate, finding a job that aligns with your degree can be challenging. When you do, it’s undeniably one of the most rewarding experiences you’ll get in a lifetime. But until then, you need to employ a few strategies that will help you cope with financial burdens.