Looking to save versus spend? Eager to sock money away not just for a rainy day but potentially for stormy months, even years, ahead?
Consider heading to the Heartland.
The Midwest is home to some of the very best places to save money and get ahead in the U.S., according to a new analysis by Get Rich Slowly.
In college, my mind was set on becoming an ethnographic researcher. I wanted to study people and cultures that were new to me while traveling as extensively as possible. After I earned my diploma, I pooled every dollar to purchase a one-way ticket to Costa Rica.
Even with my rookie-style budgeting, I was able to make the trip happen — and it didn't matter that my typical Costa Rican lunch had to be hand-picked avocados and stale bread. It was a life experience I wouldn't trade for the world.
Saving money for practical matters always presides; but once you've eliminated debt from your life, you start to have choices. In my estimation, if you're debt-free, budgeting for life experiences is totally worth it. How do you budget for them, and where do you draw the line? Continue reading...
Millennials are weird. I should know; I am one. For years, our unorthodox lifestyle choices and money habits have been confusing to our elders. And perhaps the most unprecedented millennial-ish move we've been making is the avoidance of home ownership.
With home-buying at an all-time low according to the Census Bureau, the finger is easily pointed at us as a likely cause. But instead of leveling the typical charges that we're lazy and stuck in wanderlust as the root of why we still live at home, perhaps it's because we're just trying to learn from the mistakes of the past.
Consider what we've witnessed: As millennials, we lived through the late '90s and early '00s, we've seen our parents go through tech bubbles bursting and the entire housing market crashing. We saw firsthand what can happen if you buy a home when you can't afford it or if your job just suddenly vanishes.
Who doesn't want a little extra money each month? The best side jobs or "side hustles" are popular ways to earn cash quickly, but it's also a fact of everyday life for many Americans now. According to the most recent data from the Bureau of Labor Statistics, 6.1 million U.S. workers are "involuntary part-time workers" or those who would prefer full-time employment but can't because their hours have been cut or they can't find full-time employment.
To find the best side jobs you need to be armed with enough information to avoid scams but also a sense of whether its a match for your particular skills and situation. For example, if you have small children and care is either unavailable or prohibitively expensive, things you can do from home in the off hours (nap-time, evening) is essential. To help, we've researched gigs that offer flexible hours, a reasonably simple way to get started, and what appears to be a fair wage. Our methodology is a subjective look into the benefits of each side job using the three factors we deemed most important:
Everyone's inner-optimist is a loud-mouth.
“Yes, you deserve a gigantic increase in pay.”
It's that time of year when you hear about your bonus and raise.