A big part of the Make Money Your Honey philosophy is to find ways to bring in more money. You can nickel and dime your way to a healthy financial life, but eventually you’re going to have to earn more if you really want to meet some big goals. So back in April I decided to do a little experiment. I was in a major decluttering mode and decided to sell used clothes and other stuff online to see how … [Read more...] about How I Sell Used Clothes and Stuff Online to Make Money
Say what you want about millennials delaying adulthood, but it turns out they may be smarter about money than most people give them credit for. In fact, a new survey from Fidelity suggests that millennials are outpacing other generations in saving for something very important – retirement.According to the data, millennials have increased their savings rate to 7.5% in 2014. This is a 2% increase … [Read more...] about Millennial Retirement and Why People Don’t Get Our Habits
When most people talk about personal finance they usually discuss budgets, asset allocation and cutting out Starbucks lattes. This is all great and very much needed in the world, but for some reason it’s not helping people sort out their finances. Gallup released a poll earlier this year that stated 50 percent of Americans are still feeling very stressed about money. This is despite improved … [Read more...] about What Does Self-Worth Have To Do With Your Finances?
Millennials have been dubbed the socially conscious generation that craves flexibility above financial gain. Survey after survey of millennials in the workplace paint a picture of millennials valuing flexibility (like the ability to telecommute into the office) and work environments as the most important aspects of a job. We also know that millennials aren’t necessarily jumping at the … [Read more...] about Why Millennials Care About Money More Than You Think
Millennials are throwing financial companies for a loop when it comes to investing. Recent reports show that millennials have a general mistrust of the stock market and hold over 40 percent of their assets in cash. A recent episode of Farnoosh Torabi’s So Money Podcast also touched upon how the real estate industry (one that is heavy into investing) isn’t seeing the millennial buyers coming in. … [Read more...] about How To Invest When You Feel Strapped For Cash