Managing extra cash can feel like a win—whether it’s a bonus, a tax refund, or just some leftover money after the bills are paid. But with that extra money comes a big question: Should you pay off debt or invest it? There’s no one-size-fits-all answer, but understanding the pros and cons of each option can […]
Pay Off Debt or Invest: How to Decide Read More »
Let’s be real—college isn’t getting any cheaper. By the time your kid is ready to hit the books, tuition prices might rival a small mortgage. That’s where a 529 plan comes in. Think of it as your financial superhero, swooping in to save the day with tax advantages and a smarter way to save for
How Does a 529 Plan Work? A Guide to Smarter College Savings Read More »
When it comes to your kids, you want to give them the world—or at least set them up to afford it one day. Whether it’s saving for their first car, college tuition, or just teaching them the value of a dollar, opening the right kids savings account is an easy way to get started. But
Best Kids Savings Accounts: Options for Every Family Read More »
Should You Close Your Low-Limit Credit Card? Here’s the Real Deal Ever find yourself staring at that dusty, low-limit credit card in your wallet, wondering, “Why do I even have this thing?” Maybe it’s got a $500 limit you’ve long outgrown, or it’s attached to a store you no longer shop at (looking at you,
Should You Close Your Low-Limit Credit Card? Read More »
How to Grocery Shop on a Budget Without Sacrificing Your Sanity (or Taste Buds) Grocery shopping on a budget isn’t as simple as just “buy less stuff.” Trust me, I’ve seen people blow their budget faster than a payday splurge at Target (you know who you are). But with a little strategy, you can walk
How to Grocery Shop on a Budget Without Sacrificing Your Sanity Read More »
I heard this song on Family Guy and immediately thought of you.. It goes a little something like this: “Cause I have $30,000 in credit card debt, 🎵 When they call, I tell them I can’t pay it back yet.” 🎶 There’s a little more to it, but I think you got the main point:
How to Use Credit Cards Wisely Read More »
“I’ll have a Jaguar until the day I die.” This is Hannah. Hannah doesn’t make smart money decisions. In fact, Hannah bought a Jaguar F-Pace at 20 years old… After crashing multiple cars within 2 years – one of them being another Jaguar. 🫠 Hannah wasn’t the only guest on Financial Audit who had DEATHLY car
The Real Cost of Owning a Car Read More »
Listen, If you’re trying to get better at managing your monies, you’re probably ALWAYS checking your finances: ✅ Bank accounts ✅ Credit cards ✅ Loans And if not, you BETTER BE. >:( But if you really want to see where you’re at financially, you should be tracking your net worth. No, it’s NOT how much
Understanding Your Net Worth Read More »
Alright, alright, we’re back with another installment of: HOW NOT TO BE A DUMBA** WITH YOUR MONEY In our previous post, we talked about how the first thing you should do when you have some savings built up is to start paying off your debt (DEAATTTHHH). More specifically, paying off high-interest debt like credit cards
Determine The Size Of Your Emergency Fund Read More »
A few days ago, I made a post on how you can track your spending with my favorite budgeting strategy: The 50/30/20 Rule. If you don’t know, the 50/30/20 Rule is where you essentially break down your income into 3 categories: By breaking your budget down like this, you can easily start chipping away at
Debt Snowball vs. Avalanche Read More »
