financial check-up

By:
On:
In: Personal Finance 101

***This is a Guest Post. <3 from the Dames*** People often start the new year begins with a ton of financial resolutions…but old habits are tough to break, especially when it comes to finances. So, it’s a wise idea to review your finances periodically and check-up on whether you are on track to meet those goals or not. While the middle of the year might be over (so long summer weather!), this is actually the ideal time to check if you’re on the right financial track. Think of it as the adult version of going back to school. If you’re in trouble, there’s still timeRead More →

financial emergency

By:
On:
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 →

painless

By:
On:
In: Debt Repayment

Paying down debt with regular, automatic payments is great. Paying down debt faster with extra payments is better, especially if it’s painless. As you guys know, I currently have three kinds of debt: federal student loans, a private student loan, and credit card debt. Based off this, my debt repayment plan is to pay off my the consumer debt first, private student loan second, and then tackle the federal loans last (i.e. going for highest interest rate first). My Plan for Paying It Off Faster With all of my payments automated, my current credit card debt payoff date is May 2018; however, I’ve decided toRead More →

By:
On:
In: Money Challenges, Personal Finance 101

I like to think that I’ve always been good at handling my money. I’ve been tracking my spending and using a budget since undergrad. I opened a Roth IRA while still in law school, and I’ve been trying to save whatever possible for an emergency fund. Despite doing all these things though, I never really made progress on any of my financial goals: I was spending more than I earned, my credit card debt increased, and I had approx. $25.44 in my emergency fund. This year, I set my goals for my financial life like I usually do, but then, I decided to do somethingRead More →

Yakezie challenge

By:
On:
In: Uncategorized

When my sister and I first started our blog, we wanted to create a place where we could journal our way through debt repayment. We wanted somewhere to chronicle all the ups and downs that come with being swamped with debt and trying to pay it all off…while also being twenty-somethings. We also wanted people to read our stories. Because of all of this, we’ve decided to join the Yakezie Challenge. So, we joined something that sounds bizarre, and now we have a fun Yakezie badge on our site. What’s changing you might wonder? Absolutely nothing. This blog will still be two sisters living theRead More →

Take Stock

By:
On:
In: Personal Finance 101

Hola folks! This is an addition to a previous article, but sort of deserved it’s own space as well. If you haven’t read part one yet, check it out here. In the previous article we took stock of our finances and prioritized our debt, but we only really looked at the overall amounts of what we pay. Today let’s take a closer look. Exactly how much are you paying each month for recurring bills? We need to look at each of these things and do some research to see if we are paying more than we need to.  Things like: car insurance car payments phone plans student loansRead More →

Take Stock

By:
On:
In: Personal Finance 101

Hello friends! I (WCD) love planning and organizing things, but I haven’t really done it with my money in awhile. There was a time when I had serious money plans and I totally succeeded at them. It was a great feeling when I made my goals and was able to move on knowing I was prepared for the time ahead. But since I haven’t been getting paid so much in recent years, I’ve been on the default money plan: trying not to think about it. Now it’s time to face up. I’m gonna make a plan. Read More →