yolo

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In: Debt Repayment

***This is a Guest Post. <3 from the Dames*** The YOLO (You Only Live Once) mindset greatly affects almost every millennial’s spending habits. One look at all social media platforms and you will see how much premium this generation has put into living YOLO that sadly, many are willing to go into debt just to pay for those “once in a lifetime” experiences. This is why YOLO is being tagged as one of the top reasons why thousands of millennials are now caught under the crushing weight of debt. YOLO may have earned a bad reputation as the perennial excuse for impulsive behavior towards money,Read More →

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In: Budget Beauty & Living

We’ve talked about spending fasts on the blog before, but I want to talk today about another method of spending less – having less! Specifically clothes. Today’s post is all about my experiment with using a capsule wardrobe. I have done a few purges since reading Marie Kondo’s the Life Changing Magic of Tidying Up (this is a great book by the way – see my review HERE), but I still found myself staring at my closet in the morning confused about what to wear. Then, I would pick something only to not feel great in it. And then I would end up buying things that IRead More →

finlit

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In: Personal Finance 101

***Disclosure: Dames in Debt received a free copy of this book. This post contains affiliate links. <3 from the Dames*** Hi friends, it’s time for another installment of #finlit! You know, that thing I do where I meet my annual GoodReads reading goal via consuming every personal finance book know to man (& several Nancy Drew Mystery Stories). Anyways, today’s book happens to be You Need a Budget by Jesse Mecham. Before we get started, I want to just reiterate one more time that each of us Dames got a free copy of this book to review it. That’s it. No strings attached to the review,Read More →

goals

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In: Debt Repayment, Money Challenges, Saving Money

Welcome to 2018 – the year everyone’s hoping won’t be so much of a dumpster fire like last year. Politics aside, now that I’ve paid off the big credit card, I get to have a little more fun with my goals this year. To recap, my 2017 financial goals were: Pay off the credit card! DONE DONE DONE Build an emergency fund again NOT EVEN KIND OF Go 12-for-12 on sticking to my budget I GOT 50% ON THIS ONE So funny story, it’s hard to rebuild an emergency fund when you keep having emergencies. Losing my job. rather unexpectedly, moving, and my driver’s side window suddenly notRead More →

treat yo self

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In: Budget Beauty & Living

Hi friends, Ever feel like you’re just slowly walking towards your goals? It can be tough watching all of your money pay down debt day after day – especially if you have all your payments automated like us…and it’s going to take you 1.5 years to reach your goal. In order to keep ourselves motivated we’ve been investing in frugal rewards to keep us excited as we reach each milestone. It’s the same idea nutritionists often suggest for maintaining a healthy diet: everything in moderation. Anyways, here are some cheap(er) ideas to keep the gazelle-like intensity: Get that Starbucks grande iced coconut milk mocha macchiatoRead More →

financial emergency

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In: Personal Finance 101

***This is a Guest Post written by Rebecca Williams. <3 from the Dames*** We’ve written about financial emergencies before (you know, in the lose-your-job way), so it’s always good to get a refresher on how to prepare so you aren’t stuck using your credit card (guilty) or having to borrow from friends. Everyday transactions require careful financial planning. Nowadays, people generally have prepared budgets for everyday expenses, credit payments, insurances and even personal investments. In a world where money and cash equivalents move society, budgeting has become a standard. For the general public, financial stability means securing one’s retirement, owning a house, and being able toRead More →

happiness

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In: Uncategorized

Hi friends, Just wanted to let y’all know that Dames in Debt was recently featured on The Pursuit of Happiness! We were part of their 2017 Happiness Day Interview Series! You can read our post here, just look for the Q&A headline. <3 from the Dames For more information on the 2017 Happiness Day Interview Series: My name is Wes, creator of thePursuitofHappiness.me.  I won’t bore you with the full details of the inspiration for the site.  To share a little bit though; growing up in America, I had always been taught about this nation’s founding documents and I heard all the time about the Declaration of Independence andRead More →

#finlit

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In: Personal Finance 101

***This post contains affiliate links. <3 from the Dames*** As you guys know, I’ve been reading money books (#finlit) throughout my personal finance journey. I’ve found that reading personal finance books keeps my motivation up, plus there’s always more to learn. Recently, I finished Suze Orman’s The Money Book for the Young Fabulous and Broke – her book devoted to helping millenials/me. I haven’t read any of Ms. Orman’s other books, but this was definitely a good personal finance primer. It covers everything from how to get a job that will pay your bills to buying your first house. It also has whole sections devotedRead More →

payoff series

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In: Debt Repayment

Welcome to Part Four of a 6-part series I’m doing on personal loans, credit card debt, and refinancing – the Payoff Series. If you’re new here, go back and check out Part One, Part Two, and Part Three! 23% of Americans — and 36% of Millennials — experience a debilitating degree of stress surrounding their finances. According to Payoff, this financial stress affects people’s thoughts, feelings, and behaviors – and don’t I know it. Stress over how to pay my credit card bill is actually what drew me to Payoff in the first place. Refinancing my loan helped me a ton, but there are additional ways toRead More →

money happy

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In: Debt Repayment, Personal Finance 101, Saving Money

***This is a Guest Post. <3 from the Dames*** Four steps to starting the new year with a positive outlook on your finances If you’re starting the new year in debt or with a little less than you like after Christmas, then you may feel that your prospects for financial happiness are gloomy. However, you can be totally money happy in 2017 by trying out a few of the suggestions below. Being money happy doesn’t mean being mega rich, but more about being happy with your situation and using the money that you do have to live a comfortable, happy life. So read on toRead More →