Category: Money Management Tips
Money Management Tips
Money Management Tips
What is a 401(k) Loan and is it a Good Idea?
For many employees, their 401(k) plan is their main means of saving for retirement and it may also represent the bulk of their net worth. Given this reality, it's no wonder that some individuals might look at their retirement savings and wish that they could utilize some of those funds today. Well, as it turns out, you just might be able to. With 401(k) loans, participants in most plans can...
Money Management Tips
Money at 30: How to Finance a New iPhone with Apple Card
Recently, Apple sounded the alarm and built up hype as it stealthily revealed the debut of a new iPhone. Well, a new-ish iPhone. Yes, those waiting for the latest and greatest will have to hold on for at least a few more months as this particular announcement brought a budget edition phone instead. Dubbed the iPhone SE — or the second-generation iPhone SE, technically — this new smartphone features the...
Money Management Tips
Money at 30: Silver Linings — How this Crisis Might Help My Finances in the Long Run
As I'm sure I don't need to tell you, now is quite a strange time in America and other countries around the world. On the whole, things are decidedly not so great. At the same time, there have also been plenty of "silver linings" and pieces of good news that have emerged from this pandemic. Personally, as I reflect on the past few weeks, I can already see some lessons...
Money Management Tips
Money at 30: Save Money on Essentials with These Apps and Tools
Over the past couple of weeks, life in America has unquestionably changed. Perhaps the best example of the fear and anxiety that many are feeling comes from grocery stores and warehouse clubs where bare shelves and long lines have been well-documented on the news and social media. Additionally, at a time when many local and state governments are ordering non-essential businesses to close their doors, supermarkets not only remain open...
Money Management Tips
Money at 30: When a "Rainy Day" Arrives — Rebounding from a Financial Setback
You've surely heard the term "saving for a rainy day" and how it's been applied to the concept of having an emergency fund. So, what happens that that rainy day comes? That's what I'm experiencing this week. Long story short, my wife had to undergo surgery on her wrist last week — something we definitely weren't anticipating. While everything went well medically, the procedure was, shall we say, a bit...
Money Management Tips
Money at 30: How to Pay Rent Using a Credit Card
Over the past few months, I've found myself spending (a concerning amount of) time on forums such as Reddit reading about credit cards and how people are using them to their advantage. As I've done so, one question I keep seeing come up again and again is "can you pay your rent with a credit card?" Well, as it turns out, the answer may be "yes" — although there are...
Money Management Tips
