If you are unsure how much you can afford to spend for the holidays, then use the Gift Max Formula. Finance experts suggest that no more than 1% of your income should go towards your holiday spending.
by CapWayBuying gifts for the people in your life can make you feel good, but your pockets can be left in bad shape if your gifts lead you to take on credit card debt or mess up your budget.
by CapWayYou have finished the first major task of working on your finances--creating and sticking to a budget. But, what comes next? Should you work on paying off your debt or build an emergency fund?
by CapWayAs the holiday season is approaching, it is time to start manifesting your holiday gifts in hopes of receiving them before the year-end. However, as a millennial, it can be challenging to ask for gifts from people who aren’t in the same age range as you.
by CapWayAssets are valuable tangible and non-tangible items that you own. Assets can range from cash in a checking or savings account to a digital asset such as an NFT. All assets have monetary value, and sometimes their value will increase over time.
by CapWayYour money scripts are usually set in childhood and shape your financial decisions as an adult. Money Scripts are core beliefs about money that guides your financial behavior. The four money scripts are money avoidance, money worship, money status, and money vigilance.
by CapWaySometimes, we feel as if we are in a negative financial pattern that hinders us from reaching our money goals. Many people experience a financial pattern but are unsure what to call it or how to help themselves. One way to understand your financial pattern is by understanding your money script.
by Nailah HerbertWe met and learned about so many amazing creators who are flipping the rules on everything you thought you knew about handling your money.
by CapWayOn the surface, fixing your finances seems like a logical numbers game. You can reach financial freedom even if diving into the nitty-gritty of interest rates isn’t appealing. Working on your money involves understanding the numbers.
by CapWayGood financial habits are key to bettering your personal finance. Controlling your money takes discipline and implementing effective practices. Not everyone will have control of their money, but steps can be taken to get there.
by Nailah HerbertWhen you apply for financial aid through the Free Application for Federal Student Aid (FAFSA) you must make sure that you fill out every detail carefully. Here are three common mistakes that can hurt your application:
by Nailah HerbertYou read that title correctly. Bank accounts are the building block to getting your money together. With a basic checking and savings account, the goal is to help you keep your money safe. If your bank account forces you to spend a ton of money each month, then it’s not meeting your basic needs.
by CapWayCo-signing on a loan is a big responsibility that shouldn’t be taken lightly. Knowing the pros and cons of doing such an act for someone else is essential. Let’s take a deep dive into what co-signing means, the effects of co-signing, and more.
by CapWayFor some, instead of generational wealth, we are relying on trial and error when making financial decisions, breaking generational curses, and working to achieve financial freedom.
by CapWayDuring his interview on The Breakfast Club, T-Pain shed light on how he went from having $40M in his bank account to zero.
by Nailah Herbert