I had a hairdresser once who told me she used a credit card. Used it often. But she admitted one day that she didn’t know what a credit card balance was or how to leverage a balance transfer offer to pay down debt. I don’t know why, but I’ve been thinking of her a lot […]
The 101 on Sinking Funds (and Why I Hate Them)
Okay, so this post is going to be controversial. So let me just put a BIG OL DISCLAIMER here at the top for everyone to read. I dislike sinking funds….mostly, I just hate the name. The term “sinking fund” sounds super technical, and finance-y, and and I think it makes things unnecessarily complicated when it […]
Thoughts on Privilege and Personal Finance
Last year (2019) I attended the Statement event and was treated to a lot of eye-opening conversations around women, money, feminism, and the topic of financial taboos. While there I enjoyed a riveting conversation about the role privilege plays in personal finance and wealth building. It was at this event I realized I haven’t really acknowledged […]
The Complete Guide to Selling Used Clothes Online
Whether you’re clearing out your closet, or thrifting to sell clothes you find, there’s a big market for selling gently used clothes on the internet. (Even more so since the pandemic, which has caused everyone to both carefully watch their pennies and consider how to shop more sustainably.) Unfortunately, also due to the pandemic, many […]
Emergency Fund vs Rainy Day Fund. Do I really need both?
For most people saving money may seem like a low priority. Our brains are usually too tuned in to the instant gratification of spending, (uhm…me. This is me. I have this problem and it’s a lifelong struggle) but a big way to maintain financial security while battling the urge to spend is having a rainy […]
Want to Save More Money Fast? Here’s Your Guide to Aggressive Savings
“Unprecedented times.” How’s that for a kick-in-the-pants to start saving? For better or for worse, the savings rate for Americans went up to 33% post-pandemic in May. (For context, this number represents the average percent of income Americans are saving each month.) 33% is the all-time high, but for most Americans, this tells me that […]