**This article is written in partnership with Shepards Friendly. Thank you for supporting the brands that make Miss Millennia Magazine possible!** Parents regularly make plans for the future of their children. But what about when it comes to finances? Providing for children can be expensive and it doesn’t look like its going to be any different, any time soon. By putting away a bit of … [Read more...] about Are You Saving Enough for Your Child’s Future?
Cash or Credit? What would you answer? via GIPHY For me, it was cash ‘til I got to the United States. But the Wu Tang Clan song C.R.E.A.M. (Cash Rules Everything Around Me) doesn’t ring so true here. Credit rules. Yup, a high credit score is what the American Dream is all about. Forget the white picket fence, a high credit score is your meal ticket forever. But how do you get a credit … [Read more...] about Getting My First Credit Card Was A Battle
One of the biggest reasons I started paying extra on my student loans was because I realized how much money was going to interest. When I started paying off my student loans, my minimum payment was $350. About half of those initial payments were going to interest. That means $175 a month – or 10% of my take-home pay at that time – was being flushed down the toilet. Interest is the money you … [Read more...] about How Much Interest Are You Paying on Your Student Loans?
You receive a salary that is more than enough for yourself. You save 30 percent of that amount in the bank and spend the 70 percent on needs and some wants. That's the 70/30 rule of savings. To date, this strategy has been an effective method of saving money and it has saved a lot of individuals like you. Saving Half the Money Now moving on, how do you take that savings up a notch? That's easy. … [Read more...] about The Incredible Power of Saving 50 Percent