By DANA WILLIAMS
Personal Finance News
Tax Fun Facts! (But Are They True or False?)
Tax Fun Facts! (But Are They True or False?) Happy Monday, everyone! 🙂 Thought it’d be fun to share some tax trivia — some true facts 😇, and some false facts 😈 — since we’re nearing the end of a super-long filing season here in the U.S. (Public service announcement: Taxes for 2019 are due THIS WEDNESDAY! That’s July 15, 2020.) I’ve dug up (and made up) these weird tax facts for a little
Real Estate vs Stocks: A Real-Life Look at Returns
Real Estate vs Stocks: A Real-Life Look at Returns There will always be a hot conversation in the personal finance community about investing in real estate vs stocks. I do both, so today I’m gonna share details about two of my long-term retirement assets. Asset #1 is a Rollover IRA account. The balance is about $109k. Asset #2 is a buy-and-hold rental property I’ve owned for five years. Coincidentally, it’s also worth about $109k!
Would You Rather Lose Your Phone, Wallet, or Car Keys?
Would You Rather Lose Your Phone, Wallet, or Car Keys? Hmmm. Interesting question. Back in the day, my wallet was the most important thing I carried around. I still remember my first wallet, one of those waterproof tri-fold velcro ones that carried my student ID and some train tickets. (Maybe also a few cut-out pictures in there from skateboard magazines — you know, the important stuff). But that was before everyone had cellphones. These days,
How to Save Money on Air Conditioning … and Fun Tips to Stay Cool This Summer
How to Save Money on Air Conditioning … and Fun Tips to Stay Cool This Summer Summer is here! And we’re all looking for ways to stay cool, save money on air conditioning, and have some fun while doing it! If your home has air conditioning, we’ve got a few tips to reduce your summertime energy costs and maybe even increase the life of your AC unit. For those of you with no air conditioning, don’t fear … I’ve lived without
2020 Money Goals: Mid-Year Review/Revise/Remove!
2020 Money Goals: Mid-Year Review/Revise/Remove! Happy Monday, personal finance nerds! This week we cross over the halfway mark for the year 2020. Oh man, what a crazy year it’s been so far. When I sat down and wrote my 2020 money goals back in January, I had no clue about the poopstorm of events we were about to experience … One of the biggest stock market crashes in history Immediately
How to Turn Your Side Hustle Into Passive Income
How to Turn Your Side Hustle Into Passive Income [Welcome to Side Hustle #81, where Zach from Four Pillar Freedom stops by to share his experience — and tips — on how to “productize your knowledge.” We’ve covered tutoring as a side hustle before in different flavors (#14 & #74), but Zach’s approach goes beyond trading time for money … and turns his work into passive income, bringing in money while he sleeps! For
!! Exclusive (Totally Made-Up) Interview With Prince Harry and Meghan About Financial Independence!!
!! Exclusive (Totally Made-Up) Interview With Prince Harry and Meghan About Financial Independence!! Hey, everyone! For a little light-hearted fun, today’s post is a 100% made-up interview/story. But there’s a kernel of truth to it! Harry and Megs have indeed announced that they are pursuing financial independence, and I’m a massive supporter of this decision. FIRE is ultimately about freedom, and I’m stoked that people with fame and all different income levels are figuring it out. If I
Slow down … FIRE is not a race
Slow down … FIRE is not a race (FYI … “Sank Farten” means “slow down” in Swedish. I’ve been yelling it at speeding cars on my street lately, but I just get strange looks in return :)) When I first stumbled across the FIRE movement, I’ll admit I was a little narrow-minded. I thought the goal of FIRE was to accumulate an insane amount of savings to reach financial independence as fast as
Things I learned while taking a sabbatical
Things I learned while taking a sabbatical Since taking time off of work, I’ve had a ton of epiphanies. Most of them happened within 90 days of quitting my job. But even now, after a two-year sabbatical, I’m still discovering new things about my relationship with “work.” Let’s rewind a bit … Thinking about taking a sabbatical from work It was early 2018 and I was feeling run down, unappreciated, and a
Engagement Rings 💍 A Contest + Fun Facts
Engagement Rings 💍 A Contest + Fun Facts Happy Friday, y’all! Here are some fun facts about engagement ring bling to take your mind off of this yo-yo stock market! But first, let’s have a little Budgets Are Sexy competition … Do you think you could win one of these engagement ring categories if you’re stacked up against other Budgets readers? Keep in mind that the average engagement ring cost was $5k (WOAH)