Arrest Your Debt

Being financially stable is important throughout your life. Part of being financially stable is knowing how to budget – do you know what you spend your money on? Where is your money coming from?  By budgeting, you’ll find spending habits , be able to achieve certain goals, and prepare for the unexpected. It may be that you have multiple income streams , and budgeting it will help you know how much you are earning exactly. Below are some important reasons to budget correctly.  Stops You From Wasting Money One great benefit of budgeting correctly is that it stops you from wasting money and buying things that you may not be able to afford. Many people spend money that they don’t have, which leads them to get into debt. Using a budgeting app , you can track what you are spending and the type of things your money is being spent on. From there, you can actively decide on what you buy, knowing what you can and can’t afford. You can also start to make cuts if you realize you a...

Once upon a time, landing a full-time job out of college meant the beginning of smooth sailing. Back in the day, tuition was manageable, careers were more stable, and if you had a job lined up, graduation marked the end of struggling to “make it.” All you had to do was excel at what you’d been trained to do. Unfortunately, it’s not that simple anymore. More people change jobs, and even careers, twice or more during their adult lives. One job may or may not be enough to live on now, even with a degree — especially if you’ve got a family. (Single-income households are almost as passé as disco and mullets.)  Then there’s the cost of education, which you’ll likely need to repay because of those student loans you took out. Add the cost of rent, utilities, transportation, food, and everything else needed to live, and you might be facing more stress than you did while cramming for finals and finishing that term paper due on the last day of class. Starting salaries, in a lot of cases...

I know what you’re thinking:  I just bought my significant other gifts last month!  With Valentine’s Day right around the corner, it’s already time to plan out your next present, but that doesn’t mean you have to overspend to pick out the perfect gift. Fortunately, there are plenty of ways to save – and earn – while shopping for that special someone in your life. Your pet will love a new bed; she’ll love a new necklace; he’ll love new golf clubs; your parents will love a thoughtful card; you’ll love the cashback you earn in the process. Without further ado, let’s start with the basics: flowers, jewelry, and chocolate. It wouldn’t be Valentine’s Day without them, Save Money On Flowers A time-tested winner on February 14th, flowers are sure to bring a smile to the face of their recipient. Online flower delivery companies like  1-800-Flowers  have already released Valentine’s Day-themed bundles and bouquets. By utilizing  this nifty coupon code  for 25% ...

Having large amounts of debt can be a miserable experience. Sky-high interest rates can make it feel like you’re never making any progress toward paying anything off. An especially difficult time to be in debt is when you’re planning for and heading into retirement. Monthly payments toward your debts will quickly eat up your retirement fund, so it’s essential to have a strategy to chopping your debt and getting rid of it. 1. Stop Accumulating Debt The first step to eliminating debt is not accumulating any new debt . This means putting away the credit cards , not getting any new ones, and generally living within your financial means. If you have a hard time not using credit cards, here are a few tips to help: Take them out of your wallet Lock them in your safe (or another safe place in your home) Cut them up A standard piece of advice that comes with stopping credit card use is simply closing the account. This is an obvious way to keep from using your card because you can’t ...

Many people dream of being financially stable and leading a comfortable lifestyle. This lifestyle involves buying fine things in life and traveling the world without worrying about getting broke. Essentially, this is what financial freedom entails. This post lists the top 61 financial freedom quotes and the steps you need to achieve your own financial freedom. Click on these menu items to skip to the section you want to learn more about or scroll down to learn more: Top 61 Financial Freedom Quotes The 7 Stages Of Financial Freedom What Is A Financial Freedom Number? How To Calculate Your Financial Freedom Number What Is Financial Freedom? So, what is financial freedom? Per  MoneyFit , financial freedom means having sufficient investments, savings, and cash to fund your desires without having to work. In other words, you have enough income to pay for your living expenses. With financial freedom, you can afford to do things you like and choose a career path you are passi...

When it comes to keeping tabs on credit, many people monitor their standing by conducting a  credit inquiry . Detailed credit reports outline a person’s borrowing and repayment history. A  credit score , however, sums up a borrower’s likelihood to repay debts. But, on top of knowing where one ranks (scores can range from ‘very poor’ to ‘excellent’), one extra thing to grasp is how to freeze your credit. After all, credit cards and personal information can (and do) get hacked or stolen. So, knowing how to put a freeze on your credit can help individuals to prevent identity theft or obstruct bad actors from taking out new loans or accounts in a borrower’s name. Freezing credit isn’t as scary as the term may sound. In fact, it can be quite useful in the right situations. Here’s an overview of how to freeze (and unfreeze) your credit: What Is A Credit Freeze? According to the  Federal Trade Commission  (FTC), a credit freeze, also known as a security freeze, lets ...