When I graduated college two years ago, I was about $10,000 in the hole. I had a car payment, $5,500 student loan, and a maxed out credit card. And I felt awful about it. I felt so ashamed that I wasn’t able to manage and plan better so I could avoid this situation. I …
If you’re one of those lucky people like me who owe taxes, welcome to the club! Let’s start from the beginning. What does it mean to owe taxes? The simple answer is for the income you made last year, you didn’t pay the appropriate amount of taxes. So the amount you owe is the …
Financial Literacy Month: Owe Taxes? Here’s what to do. Read More »
One reason why budgeting isn’t effective for some people is because it is not thorough enough. When your budget falls apart while you’re building it because you find extra expenses, fret not! It can be discouraging for sure, but it can help you understand more about your financial commitments and help you be better …
Financial Literacy Month: 5 Things You Need to Have in Your Budget Read More »
I personally love using cash and having it available! But I also know many people who are not about that cash life. There are benefits to both, but there some situations when using one can be more advantageous than the other. Let’s talk about it. Larger Sums of Money: When it comes to receiving …
This system of organizing money is nothing new, but now that online banking features are popular it can be quite fun to do. For those of you who haven’t heard of this before, it’s exactly what you’re guessing- organizing money into envelopes. For people who are focused on using cash, this system is great …
April is Financial Literacy Month, yay! Well, I suppose every month is financial literacy month here at feelgoodfinances…Anyway, though I’m late to the game, every day this month I’ll be bringing you useful information to help you start or continue your financial journey. Today’s topic will be “Ignorance is not bliss”: When it comes …
Financial Literacy Month: Ignorance is Not Bliss Read More »
Welcome to the first Feel Good Friday! You may be asking yourself what Beyonce has to do with this personal finance blog. Actually, it’s very central to the philosophy here at feelgoodfinances. When I was a broke undergrad in 2013 and the Mrs. Carter tour had just been announced, I was beyond determined to go …