In cased you missed it, my last article was all about how to start financial planning in your twenties (which is where I am now). But one thing I’m always aware of is how my financial plan will change throughout my life. As you move through life, your priorities change, your career might change, and
Here’s the secret to financial planning: there is no one “right financial plan.” Everyone’s life goals will look different. However, just because it’s not a “one-size fits all” model with one perfect model, doesn’t mean it’s not important. It just means that you may need to take some time to figure out what is important
It’s hard to think that only one personal finance number will define the entire course of your life, but it’s true. There’s only one. And it’s not your credit score. It’s your interest rates. More specifically, your compounded interest rates. Interest rates have the power to passively make you a millionaire when you retire or
For most of us, it’s so easy to assume that managing our personal finances as an adult means we have to be sitting at our kitchen table with a spouse, surrounded by a dozen bills and financial statements, with a calculator in one hand and our face in the other, looking extremely stressed. When really,
It’s tax season! And depending on if you’re on team “tax-refund” or team “tax-payment” it’s the same cycle every year. While I understand why some people really dread this season, for me it’s a pretty good time of the year because I am currently waiting on a refund. Ordinarily, I receive about $1100 a year
10 Assumptions About Adulthood Finances That Are Holding Millennials Back (and what to do about it!)
I’m not sure where I got all these ideas of adulthood. I think it’s been a combination of different people, society, and the internet that’s dictated my ideas on what it’s like to be an adult. It’s kind of funny how we can’t pinpoint what the source of all these assumptions, yet the have such
With the new year coming to an end, I audited all of my expenses according to the 50/30/20 budget rule. I not only talk about this budget rule, I show you how it’s applied to me!
The reason I started MLA is because I wanted to create an honest personal space where I could share exactly what I’m doing to get through adulthood instead just giving some vague or generic advice. Instead of just talking about the 50/30/20 budgeting rule, I wanted to see how it applied to my year-round expenses.
Well, it’s almost that time of the year again! And if you’re anything like me, you love the holidays, but get a little anxious when you think about the stress and cost of it. While I’m not shopping expert on the best deals and sales, I am pretty creative when it comes to saving money
Even though I like to think of myself as an avid saver, saving up for an emergency fund has been a far larger struggle than I’d like to admit. Every time I seem like I’m so close, I seem to just drop right back down. So here are 3 things I’ve had to spend my emergency fund on and my plan to get it back up to my goal.