Believe it or not, the holidays are here. I hate to be the one to break it to you, but you probably only have like 6 more paydays till Christmas. Factor in your car payment, rent, utilities, tuition, happy hours – whatever you spend your money on – and you don’t have a whole lot left for gifts this year if you don’t take initiative now.
We’re constantly told to save, save, SAVE! Have an emergency fund, a rainy day fund, a college fund. But we’ve also been told to get rid of debt… To pay it all off… Don’t charge ANYTHING. Where’s the happy medium? Should I really have six month’s income in a savings account when I owe thousands in student loans? Yes and no.
Growing up is tough. You’re expected to get a job or go to school right away. It’s become the societal norm to instantly move out of your parents’ house… and then maybe buy a car. Or get a couple of credit cards. Don’t get me wrong – credit is important. But it can make you or break you. Here are a few (unfortunately) not-so-common sense tips to follow: