Why You Need To Stop Obsessing Over Retirement

obsessing over retirementFrom the moment we start our careers, a countdown begins. We start counting down the years, months, weeks, and days until we can enjoy a carefree life we like to call retirement. We calculate how much we need to save each year, where we can cut back, and what kind of house we can afford just so that one day far off the future we can leave our jobs, retire, and then….do what exactly?

For many people, the answer to that question is still pretty vague.

Retirement usually includes one or more of these activities: moving somewhere sunny and warm year round (Florida is a popular place), spending more time with the kids, going on a cruise every year, and picking up some new hobbies. Sure, it sounds great for a little while. But let’s be honest, is it really all that exciting? Can you imagine yourself doing that for the rest of your life? I can’t. [Read more…]

5 Everyday Life Hacks For The Financially Lazy

lifehacksI hate to admit this since I have a personal finance blog and would probably lose any credibility I have. But I’ll just go ahead and say it: I’m financially lazy. I’m a sucker for convenience and would throw away money just to save some time and effort. In my defense, that can make perfect sense sometimes. But not when I’m getting take-out six nights a week.

Trying to right my ‘financially lazy’ ways has always been a constant struggle for me. Sometimes, I’ll take it to the other extreme and waste loads of time just to save a couple bucks, which isn’t good either. I’m sure many of you can relate. I think I’ll always be sort of financially lazy (at least a little) but there are little life hacks I’ve implemented that have made my finances better and my life easier.  [Read more…]

Don’t Panic: 7 Signs You’re Doing Just Fine In Your 20s

doingfineIf you want to feel good about yourself, don’t go on social media. It seems like everyday I see something pop up on Facebook and Instagram from friends my same age talking about luxury vacations, designers outfits and fancy nights out on the town. Meanwhile, I’m sitting on my couch in my tiny NYC apartment eating a crockpot meal. Sure, most of these posts are wildly exaggerated but sometimes, I can’t help but be a little bit jealous.

When you’re young, you tend to have an idealized fantasy of what your 20s will look like. Then you get into the real world and realize how totally different “real life” is and specifically, how much being an adult actually costs. But cheer up. While you might not be living large just yet, you’re on your way. If you can relate to any of these 7 signs, you’re doing just fine.

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The Dumbest Personal Finance Mistakes You Can Make

dumbest personal finance mistakesI’ve done plenty of dumb things in my life, especially when it comes to finances.  I’m am impulsive shopper and I’ve had some questionable judgement in the past (just look at my overflowing closet of stuff I hardly wear). But I’m a firm believer that mistakes are a good thing. You learn from them and hopefully, you don’t make the same mistakes twice.

I’m sure we can all admit to at least one dumb personal finance mistake. It’s OK, we’re human. But one day, you’ll look back, laugh, and say “wow I was so dumb back then…but not anymore!”. But for now, let’s take a look at some of the dumbest personal finance mistakes we all too easily make. [Read more…]

4 Easy Steps To Creating Your First Budget

first budgetI remember the first time I attempted to create a budget. This was a few years back and I was still confused about what exactly a budget was. But hey, if everyone was doing, shouldn’t I? Needless to say, my first budget wasn’t successful and I’ve since gone through countless iterations.

Creating a budget can be overwhelming, especially if you’re young and still trying to figure out what to do with your money. To start, don’t try to do too much. Forget the gigantic spreadsheets and maze of numbers. Your first budget should be effective, yet simple. Take a look at these 4 easy steps (plus one important pre-step) to creating a successful first budget.

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