As this blog has grown you may have noticed that my tone has changed. What started out as straightforward financial thoughts (never advice because I’m not licensed to give it) on relatively simple things like how to check your credit score and which should you pay down a car loan or credit card first has…
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I’m going to give you the best financial advice you will ever read and ever need. But first, a disclaimer: *nothing in this post is financial advice, it is all my personal opinion and experiences and you should do whatever you think is best with your own finances* I know that seems a little weird.…
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Lately, I’ve realized that I’m terrible at spending money. It sounds like a weird issue (and I’m lucky to have it) but in some aspects, it is an issue. I’ve spent the last 10 years programming myself to save and be frugal. Make the smart decision now of delayed gratification so in the future I…
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This market is crazy. The S&P 500 is at an all-time high, we’re still printing money in excess, we haven’t returned to a normal unemployment percentage, and we have stocks and altcoins skyrocketing. All that chaos begs the question: What should you be investing in? Now, some of you reading this know that I bought…
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Student Loans. One of the largest scams ever or a necessary evil? No matter your opinion, you can’t deny that it is one of the most frustrating, controversial, and highly debated topics today. And with 1.67 trillion dollars of debt in the US (and growing) it’s something that needs to be addressed. In this article,…
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What is the 50/30/20 Budgeting technique? The 50/30/20 budgeting strategy is a basic set of rules to follow to enable people to achieve their financial goals and better manage their finances. In her book “All Your Worth,“ Elizabeth Warren goes into a simple plan on how to divide your after-tax income and determine how to…
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As humans, we hate change. It is our nature to find what works for us and stick to it. Change is hard. It’s uncomfortable. Why do we have to change if what we’re doing isn’t hurting anything? The question we should be asking ourselves is “is this good enough?”. Sure, maybe what you’re doing isn’t…
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College, college, college. I’m not going to lie I loved college. But I’m not sure I loved it for all the right reasons. Sometimes I ask myself if I should have even gone to college in the first place. From my perspective, I spent ~$46,000 on a degree that I don’t use in my everyday…
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Welcome back to Young, Dumb, and Not Broke where it is our goal to simplify your finances, help you to build a sustainable income, and show you how to become financially independent. In today’s article, we’ll be demystifying the best 7 passive income ideas for 21-25 year olds. These tips could apply to you at…
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We’ve all heard that improving your credit score is an important part of your financial story but can you do it without a job? The answer is yes, but it will be a challenge. This year has been tough and some of you reading this, maybe even you, have been put out of a job. You’re…
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