by Dana Sitar, CEPF®, Carson KohlerIn the span of two and a half years self-described “bad saver” Matt Wiley managed to save $4,300 without thinking about it.“It feels weird saying ‘I saved,’ because I really didn’t do anything,” he said.Despite being an editor at The Penny Hoarder at the time, Wiley admitted he’d never been good at putting money away.“I don’t have a good reason for why it has been
Real Answers for Life’s Money Challengesby Robin Hartill, CFP®Senior EditorI am planning to evict/eject my adult daughter if nothing changes. I’m wondering about the etiquette for such a court hearing. If it’s at a physical court, would it be wrong for us to walk in together? If it’s virtual, should we be in the same room? When speaking, should I refer to my daughter as “the defendant”, “Jane Smith”, “Jane”,
by Robert BruceSenior Writer There’s a whole category of job opportunities that often gets overlooked: jobs that provide housing — for free. They include entry level jobs and seasonal jobs, and they run the gamut of industries and careers. What they have in common is a significant way to save money by letting you live where you work. That might be private rooms in a home or employee housing in
Let’s take a look at the nomadic Rich Life of IWT employee Jonathan and his partner, Lucy.We’ll cover everything: How and why Jonathan and Lucy decided to live a nomadic life, their camper van build details, the ACTUAL costs involved in living on the road, a few of their Rich Life moments, and more. You’ll hear about a skeptical mother, Andrew Garfield, two pit bulls and a shotgun, a pack of
by Kari FaberStaff WriterMoney is still a bit of a taboo topic among families and friends, which is why many of us don’t know what a normal amount is to have (or aim for).But thankfully, there’s an easy calculation to know the exact dollar amount you need to have on-hand in your checking account:It’s one or two months of your living expenses. That’s it! So if between rent, utilities, groceries,
by Kari FaberStaff WriterAre your friends and family tired of hearing your opinions on everything under the sun?It would be nice to have an outlet for your thoughts on today’s most important topics — like TikTok, internet privacy and the hottest of topics: politics. (Seriously, Uncle Mike, can we ever have a peaceful family dinner?)A website called YouGov America will do more than just listen to your opinions — it
by Tiffani ShermanContributorVending machines allow us to get what we need when we need it without having to interact with people.They also can be money makers for the machine’s owner.While the pandemic has changed the industry, owning and operating vending machines is big business, often providing passive income without any specialized skills. It’s also called automatic merchandising.Basically, all you need to get started is some startup money to buy a
by Kari FaberStaff WriterGenerational wealth. It sounds so fancy and out of reach, doesn’t it? Like a topic of conversation for the Vanderbilts to chat about over their afternoon tea, not a smart financial strategy for everyday people.But at its core, generational wealth is something we all can aspire to. It’s about building a more prosperous future and having something to pass on to your children. Whether that’s cash, stocks
by Mike BrassfieldSenior WriterSo, you thought 2021 was bad? Just wait!OK, we’re kidding. Obviously, 2022 should turn out way better than 2021 did, right?There’s no way it could be worse, right?Right?Welllllllll… we hate to sound like pessimists, but if there’s one thing life has taught us, it’s that things can always get worse.Maybe yet another COVID mutation shows up. Maybe the economy crashes again. Maybe our weird politics get even
by Robin Hartill, CFP®Senior EditorYou’ve paid your bills on time. You’ve avoided massive debt, or maybe you’ve paid it down. Now you have a healthy credit score to show for it.But tough times can happen, no matter how responsible you are. So if you’ve hit a financial rough patch, you’re probably wondering what that means for that score you worked so hard to build.The good news is that what’s tough
