Budget Blog

If your finances are a bit out of control, there are many things you can do to gain back stability. Paying off debt is an essential part of getting your financial life in order.

While it may be overwhelming at first, do your research and take it one step at a time. There are many resources out there, such as the best personal finance blogs that can help you get started.

Debt can be crippling to your finances and create a sense of weight on your shoulders that never seems to go away. Not only does debt hinder you from saving for your future, but it inhibits you from living with the freedom you deserve.

Saving money for life’s most important things doesn’t need to be as complicated as it sounds, especially when you have an app at your fingertips that makes the process simple and fun. 

One of the most crucial elements in saving money is giving that money purpose. When we save for a reason, we’re much more likely to stick with it. Setting goals is what makes us human. 

And frankly, that’s true of virtually anything we do in life. 

Going to the gym every day gets easier when our goal is to lose 25 pounds before a wedding. Taking night classes is easier to stomach when we need those classes to get a promotion. 

This is a sponsored post written in partnership with The Money Mix.

Go ahead, ask a couple of financial experts, “how much car can I afford?” Chances are you’ll get quite a few different answers. 

Whether it’s the “10% gross income rule” for monthly car payments and expenses or the “25% rule” for purchasing a new vehicle, there is no one size fits all answer financial experts can agree on when it comes to how much “car” you can afford. 

Chances are, you might not be able to afford the car you truly desire, but you’re looking for affordability.

House prices are rising around the country. Buying a house is more complicated than ever for many and statistics show Millennials are not buying homes at the rate of previous generations. If they’re not buying houses at the pace they once were, then they’re likely renting and making rent payments to a landlord.

Paying rent is a choice many make for a variety of reasons.

In addition to the ever-increasing price of homeownership, many choose to rent to keep their lives simple. Renting allows flexibility in location. The typical lease is a one-year commitment. If you don’t like where you live, you can move in a year.

Additionally, there are no upkeep expenses for renters. There are no roofs to replace, no landscaping, painting, windows, appliances, etc. to repair and replace. You have a fixed rent and utilities – that’s about it.

This is a sponsored post written in partnership with The Money Mix.