Brought to you by Accredited Debt Relief
Brought to you by Accredited Debt Relief
If you struggle with overspending or simply want to be more mindful with your monthly expenses, the envelope method can help. The envelope method is a cash-based budgeting system that prevents overspending by dividing money into envelopes for certain spending categories.
Maxing out your credit card is frustrating. Not only is it a sign that you’ve been overspending, but it can also damage your credit score. If you’re struggling to pay off your balance, don’t worry – there are ways to rebound from a maxed out credit card.
As gas prices remain historically high, you may be feeling the financial pressure of your work commute. Depending on where you live, your commute could be costing you even more than you think! We’ll explore the cost of driving to work and offer some tips for reducing those costs including comparing the cost of driving with commuting alternatives like public transportation, biking and a hybrid work schedule.
Furnishing your home can be expensive, but it doesn’t have to be! There are a number of brilliant ways to furnish your home on a budget without sacrificing style or quality. Follow along as we outline some of the best strategies for saving money while you decorate your home.
Passive income (or residual income) is money earned with little or no active involvement. Simply put, passive income does not require you to trade your time for money. Once a passive income system is in place, it should earn money for you with minimal tending or maintenance on your part.
Despite significant economic improvement in 2021, consumer debt in the U.S. has once again hit an all time high. By the first quarter of 2022 it climbed to $15.83 trillion – more than double what it was in 2003 and 20.9% higher than the total pre-pandemic. Data from the Federal Reserve Bank of New York shows big increases in mortgage and auto loan balances since the pandemic began, despite recent declines in credit card debt. As inflation increases the cost…
There are many advantages to buying a home: the rewarding sense of ownership, not answering to a landlord, and having more control over what you want to do with your living space. However, one drawback to becoming a homeowner is the home repair and maintenance you must take on.
You probably know your credit score, but have you ever wondered how your score compares to others in your state? After another year of economic uncertainty, credit scores have fluctuated but not in the way you might expect. Credit scores across the country are up! Check out our summary of the 2021 FICO score data from Experian.
Have you tried one or more of these four common budget types? Learn more about zero-balance, 50/30/20, envelope and anti-budgets.
Living with roommates is a great way to save money on housing. When you share a house or apartment with others you can split rent, utilities and other shared house related costs. Learn how to split costs with roommates and use our downloadable roommate budget spreadsheet to track monthly expenses.