Cancel or Keep Should You Break-up with Your Credit Card? Your credit card is in the clear, debt-free and victorious! Fantastic feeling, right? But before you dial up the credit card company to bid adieu, think twice! Closing that account might seem like a logical step, especially if you don’t plan to swipe that card…
Saving Tips for Makeup Addicts
Elevate Your Glam Without Breaking the Bank: A Guide to Savvy Makeup Shopping Indulging in a daily makeup routine can be a pricey affair, and the allure of the latest beauty products can sometimes test our budgeting resolutions. Fear not, for there are savvy ways to navigate the cosmetic aisles without emptying your wallet. Let’s…
Making Money Moves
It’s official! You’re making money moves, right? You’re diligently putting in the effort, keeping your nose to the grindstone, and working tirelessly to secure those hard-earned banknotes. If you’re fully committed to this path, continuously pushing yourself to elevate your financial status, then bravo! However, if you haven’t yet embraced this mindset, don’t get too…
Pack Your Bags: Part Two of Travel Tips
As the holiday season approaches, the festive spirit fills the air, and the allure of travel beckons once again. Whether you’re brimming with excitement or dreading the crowds and delays, one thing is certain: holiday travel is upon us. An estimated 54 million people are expected to embark on journeys this week, with 48 million…
When to Splurge
Finding Balance: Splurging vs. Financial Responsibility Do you ever feel the urge to indulge, to splurge on items you may not necessarily need, simply because the temptation is irresistible? We’ve all been there. Giving in to these instant gratifications can lead to costly financial mistakes, but with a little guidance from Young Finance 101, you…
Back-to-School Savings
While summer break might be a temporary escape, the impending return to school is just around the corner for students, faculty, staff, and parents alike. Young Finance 101 is here to guide you through the back-to-school hustle, ensuring you make the most of your preparations because, in our world, class is always in session! To…
Blockbuster Savings
Who doesn’t love going to see the latest feature film, especially when your favorite star is starring in it? While going to the movies is exciting, it can get pricey. From the cost of the ticket to making your way over to the concession stand to load up on snacks, you’re going to be spending…
Thrifty Green Thumbs
Smart Strategies for Budget-Friendly Gardening As the summertime sun blankets our days, many of us have enthusiastically delved into gardening and lawn maintenance. However, the fervor to create the perfect yard can sometimes be overshadowed by the exhausting efforts and expenses required to combat the summer heat. Fret not; we’ve compiled some savvy tips to…
Embark on Your Ultimate Adventure
The sun is shining, the skies are clear—it’s officially the season of exploration and adventure! As you gear up for your summer escapade, make the planning process a breeze with these 20 fantastic travel tips and hacks curated by the savvy minds at Young Finance 101. 1. Secure Your Seat in Style: Checking into your…
Money Bootcamp
Money Bootcamp One, two, three, four I won’t swipe my cards no more. Five, six, seven, eight I am going to get my money straight. Welcome to Money Bootcamp! With the new year right around the corner, hopefully you have goals in mind. If you haven’t set financial goals yet, fear not! We’re about to…
Tax Time!
Tax Time! January 29th (Start) – April 17, 2018 (End) With one week left to file your 2017 taxes, the countdown is on. If you have not filed them yet, then you’re in luck. Usually, the last day to file your taxes is April 15th, but this year it falls on a weekend and Washington, DC…
Clever Ways to Save on Valentine’s Day
Clever Ways to Save on Valentine’s Day Elevate Your Valentine’s Day with Smart Saving Strategies As Valentine’s Day approaches, the pressure to express love through traditional gifts like flowers, chocolates, and jewelry can be overwhelming. Break away from the conventional and embrace a more creative and cost-effective approach to make this day special. Acknowledging that…
Score Big: Maximizing Profits with Super Bowl Success Strategies
Score Big: Maximizing Profits with Super Bowl Success Strategies Not everyone is a football enthusiast, and if you find yourself uninterested in the game, why not turn Super Bowl Sunday into a cash-generating opportunity? Here are some ingenious ways to make money during the Super Bowl: Drive for Lyft or Uber: With numerous Super Bowl…
How to Have a Kicking Super Bowl Party
It’s that eagerly awaited time of the year again – sports, delectable food, the halftime spectacle, iconic commercials, and of course, the unforgettable parties. As households gear up for the big Super Bowl weekend, the key to a memorable gathering lies in smart planning that not only saves money but amplifies the fun. Here’s how…
Empowering Tomorrow’s Financial Wizards
Empowering Tomorrow’s Financial Wizards Being a financial role model for your child is a crucial aspect of their development, shaping their understanding of money and its various uses. Children often mimic their parents’ behavior, and as a parent, it’s essential to guide them towards responsible financial choices. This article explores effective ways for parents to…
Paying Yourself First
Financial Wellness You’ve put in the hard work, earned every penny, and now payday has arrived — time to indulge, right? Well, not so fast. Before you succumb to the allure of that impulse to buy or settle those bills, consider a game-changing strategy: Paying Yourself First. Ask yourself: Are you saving for your future…
Financial Secrets
Financial Independence in Your Relationship In the intricate dance of married life, it’s no surprise that individuals may harbor a financial secret or two from their partners. The concept of maintaining personal financial autonomy within a relationship is gaining traction, with many advocating for the benefits of having discreet accounts. While joint accounts for shared…
Protecting Your Finances
Safeguarding Your Assets Safeguarding your future assets is a paramount consideration, especially when unforeseen circumstances necessitate withdrawals from your retirement accounts (401K or IRA) before the age of 59 ½. It is crucial to ensure prompt replenishment of any funds withdrawn, mitigating the impact on your long-term financial health. Maintaining a well-diversified portfolio is a…
Freezing Your Accounts
Freezing Your Accounts When considering the fortification of your financial well-being, one powerful strategy stands out—freezing your credit accounts. Whether you’ve fallen prey to identity theft or you’re proactively safeguarding yourself against potential threats, a credit freeze ensures that no unauthorized individual can open credit lines in your name. Executing a Credit Freeze: A Tactical…
Reasons Why You Are Still in Debt
A Roadmap to Breaking Free Many individuals find themselves entangled in the web of debt, wondering why financial freedom remains elusive. To unravel this mystery, a closer examination of your daily habits and surroundings is essential. If your doorstep is cluttered with packages from online shopping, it might be time to reconsider those impulse buys….
From Debt to Vows
Navigating the Financial Landscape of Matrimony So, you’ve got your financial ducks in a row, but your soon-to-be spouse is still wading through debt waters. As you pledge to weather life’s storms together, that includes financial ones too. If you’re feeling jittery, here are some savvy ways to safeguard yourself when tying the knot with…
From Debt to Dreams
Charting Your Path to a Debt-Free Future Paying down debt can be a challenging journey, especially when faced with limited income or living paycheck-to-paycheck. Many individuals find themselves trapped in a seemingly insurmountable mountain of debt. However, there is hope. Here are ten effective solutions to finally eliminate your debts and attain the financial freedom…
Student Loan Mistakes
Mastering the Student Loan Game: A Guide to Avoiding Costly Missteps Congratulations on your journey to college! Whether you’re funded by scholarships, a college fund, or loans, it’s crucial to navigate the financial terrain responsibly. To ensure a smooth financial journey through your education, here are some common student loan mistakes to avoid: Borrowing Excessively:…
The Art of Thrifty Living
10 Tips for a Rich Life on a Modest Budget Living below your means, a seemingly simple concept, often proves challenging in practice. It involves crafting a lifestyle where your spending aligns with your budget, allowing you to consistently save for unforeseen circumstances. This can be particularly demanding for those living paycheck-to-paycheck, where setting aside…
Brewing Wealth
Sip to Save: The Financial Ripples of the Daily Latte Ritual Rise and shine! The daily hustle is upon us, and in the mad dash to conquer the day, who’s got time for homemade lunches or brewing your morning cup of joe? You’re not alone if you find solace in that ritualistic visit to your…