How Emotional Spending Affects Your Debt
Hey hey hey, Prosperity Partners! We all know that feeling when a bad day leads to a shopping spree we can’t afford. When your heart takes control of your credit card, your bank account bottoms out. It’s called “emotional spending,” and it’s something 39% of shoppers say has put them in debt. When we’re stressed, […]
7 Easy, Low-Risk Ways to Start Investing
Think you need to “save up” money to invest? You’re right — and wrong. Investing is the only way to grow your wealth without working extra hours. It’s also the only way to maintain your money’s value over time, depending on how you invest. And while there are plenty of people who want to throw […]
Personal Finance Basics for Young Adults
Financial literacy is a life skill, one that’s best learned at a young age. The sooner you start building good money habits, the better you’ll be at saving, budgeting, getting out of debt, and living a financially sound life. Let’s look at some of the basic building blocks of personal finance that young adults can […]
7 Ways to Cut Expenses in 2022
Planning a spending diet in 2022? Getting a grip on personal finances is one of the top New Year’s resolutions every year, and it’s one you can actually achieve. You work hard for your money, and the thought of any of your labor going to waste is enough to leave a bad taste in your […]
Is Your Side Hustle Costing You Too Much?
Side hustle envy is real. You hear about people making more doing Uber and Door Dash than they do at their day jobs. You see artists, service providers, and gig workers adding hundreds or even thousands of dollars a month to their income while also working full-time jobs. You think, “I’m smarter than the average […]
9 Personal Finance Tips for Young Savers
It’s widely believed that financial intelligence is, for the most part, hereditary. Think about it: what they don’t teach you in school, you’re left to figure out on your own. Your parents or guardians are most likely your go-to resource, but if their own financial savvy is limited, yours likely will be, too. As humans, […]
What Federal Rate Cut Means for Your Personal Finances
Have you seen a dip in your savings interest rate? Don’t be too surprised: for the first time in over a decade, the Fed cut interest rates by a quarter of a percent, bringing interest rates down to 2.00%-2.25%. The move is good news for borrowers and even investors. Lower borrowing costs can continue record-breaking […]
Frugal Valentine’s Day Ideas for Conscious Consumers
Christmas may be the most expensive holiday, but Valentine’s Day isn’t far behind. Consumer reports estimate the average couple spends $143.56 on V-Day activities, gifts, and food. That’s not exactly pocket change for most of us. Here’s the truth: you don’t have to go into debt to show your love. I’m sharing some of my […]
Got Debt? Make A Commitment to… YOURSELF to get from under it!
When you make a commitment to yourself to get from under debt, it means you have written down and are very clear about WHY you want to get out from under your debts and when. Share that goal with others, who will be your cheerleaders and will keep you accountable. You know how bad it […]
Have Two Jobs? Bank One Salary
Jay Leno worked at a car dealership and fast food restaurant as a kid. He spend one of his salaries on his living expenses and saved the income from the other job. When he became a successful comedian and a TV host, he kept the same practice. He makes millions from both professions. Goes to […]