When you hear about side hustles, most of the focus is around paying off debt faster. This should come as no surprise, as most Americans – especially millennials – have a lot of debt. From credit card debt to student loans to mortgages, Americans have taken on a lot of debt. Side hustles are […]
Read More >>Other Posts By David Carlson
5 Ways to Help Your Children Minimize Student Loan Debt
Massive student loan debt has become a huge challenge for graduates and there is no sign of the cost of college slowing down. Many millennials, who either incurred a lot of student loan debt or know someone who did, are now having children. Not surprisingly these parents are concerned about their children potentially incurring […]
Read More >>How this Blogger Increased their Credit Score 150+ Points in 8 Months
How good – or bad – your credit score is can have a big impact on your money. The most obvious impact it can have is on your ability to take out loans, but it goes beyond simply qualifying for one. The better your credit score, the better the rate you will get on […]
Read More >>What is an Index Fund? Index Funds Explained for New Investors
In August, for the first time ever, there was more money in passive index funds than in actively managed funds. I think this is a good trend, as I practically beg new investors to keep it simple. The easiest way to keep it simple is by not investing in individual stocks. There are also […]
Read More >>Skills That Will Benefit You In Any Corporate Job
If you spend even just a couple of years in corporate you likely will catch on to the fact that a lot of skills are transferable across different corporate functions. Yes, someone who works in finance is going to have specialized skills for their area, just like someone in marketing or human resources will […]
Read More >>Why Fears about Student Loan Forgiveness are Overblown
“Don’t count on loan forgiveness – it doesn’t work!” “It doesn’t sound like loan forgiveness is a thing. Didn’t you see that 99% of people get rejected?” There is a ton of negativity around Public Service Loan Forgiveness. Many are telling people there is no way they will get loan forgiveness. But in reality, […]
Read More >>How to Protect Your Home While Traveling
For years security experts have been giving the advice of not posting on social media when you travel. It makes sense. If you let others know you are out of town, it can make your home a target. I’ve always thought this was unrealistic, though. Even before the time of Snapchat and Instagram stories, […]
Read More >>How to Choose the Best Bank
I’m cynical when it comes to banks. After all, the actual product a bank offers is not unique. It’s a highly regulated product, too, and virtually every bank is FDIC insured up to $250k, meaning even if the bank goes belly-up you will be able to recover up to $250k. There are some ways […]
Read More >>How I Cut Cable: A Step-By-Step Guide for 2020
Considering how much we’ve written about cord-cutting on the site, many will be surprised to hear that it wasn’t until a couple years ago that my wife and I decided to cut cable. We aren’t alone, though: as of 2015 there was still approximately 100 million households that subscribed to some type of paid […]
Read More >>5 Ways to Find Cash to Invest in the Stock Market
A few years back a colleague and I would regularly discuss business and investment ideas. One thing he was really interested in was real estate investing. He wanted to own a bunch of properties and rent them out, and perhaps build some sweat equity by purchasing properties that needed some TLC. Here’s the thing: […]
Read More >>