Compound interest is something we’ve all heard about, and understand at some level, but probably don’t put much thought into. That’s probably because investing sounds like such a boring topic. But it’s not when it’s framed as turning $5,000 into one million dollars, is it? It’s a mistake to ignore how powerful compound interest is, […]
Read More >>Use this Hack to Make a Quick $25
Today I have a quick hack to share with you that will help you make a quick $25. It’s pretty simple: If you sign up for a Capital One 360 bank account using this link, you will get $25 after you deposit $250. Yes, it really is that simple! The only downside is the fact […]
Read More >>The 7 Keys to Successful Travel
I’ve been travel hacking for a few years now and it’s allowed my wife and I to travel while saving hundreds or even thousands on hotels and flights. The more I travel hack the more motivated I get to continue to travel hack. I mean, think about it. People get excited (myself included) when they […]
Read More >>10 Financial Basics Everyone Should Know
Are you beginning to dive into the world of personal finance, and finding it a little overwhelming? That’s okay. It’s totally understandable. There’s a lot of different information out there – some basic, some advanced – and a whole lot of opinions to sort through as well. So if you want a good starting place, […]
Read More >>10 Ways to Motivate Yourself to Save Money
Like a lot of people, I found paying off debt really exciting — I couldn’t wait for payday every month so that I could sling thousands of dollars at my student loans. But when I paid off my debt and switched my attention to savings, my motivation lagged. It was too easy to come up […]
Read More >>Use this Simple Hack to Get the Lowest Price (and cash back!) on Products You Love
This post is partner content written on behalf of Shoptivity. While I was compensated for this post, all opinions are my own. Here at Young Adult Money we like to save money, and we love looking into new tools and hacks to spend less money on products and services we purchase. We are all about […]
Read More >>$100k in Student Loan Debt: What I Did About It
My wife and I both went to private colleges for college. Not surprisingly we also graduated with student loan debt. A lot of student loan debt. Around $100k of student loan debt. Until I published my book Hustle Away Debt I had not revealed how much debt we had left college with. $100k may sound […]
Read More >>Why (and How) I got a Million Dollar Life Insurance Policy at 27
As someone in their late 20s, I have a lot of the financial struggles and priorities that other 20somethings and millennials have. I’m paying down student loan debt. I bought a house and I’m working through paying that down and making needed updates and changes (none of which are cheap). I’m investing and saving for […]
Read More >>8 Books That Help You Manage Your Money
This is part 3 in our summer reading series! Find books that will help you pay off debt here, and books that will help you be more productive here. So you want to become a master at managing your money. It’s a skill very much worth having, as money management can help you get ahead […]
Read More >>4 Apps That Help You Save Money Automatically
OK. You know you need to save. But it’s just so hard to actually transfer big amounts of money into savings when you want to pay bills or travel or buy new shoes or whatever. Stop beating yourself up about this. It’s a real psychological problem: humans have a hard time setting aside for the […]
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