Dear Sister

You inspired me to start this blog. For the longest time, I had kept all of my discoveries and struggles in navigating personal finance to myself, unless someone brought it up. Unfortunately, in society broadly, there is a large reluctance to discuss personal finance with anyone, so my interactions were limited to a few friends. I believe this reluctance arises because money seems like a … Continue reading Dear Sister

When to Worry About Interest

Note: This article applies to federal student loans. Different advice applies if you have taken out a private student loan, mortgage, car loan, or payday loan. Compound interest has garnered a reputation for being a force for good if you’re saving, but a force for doom if you’re taking out a loan. In broad strokes, this is true, but we should be careful before we … Continue reading When to Worry About Interest

The 5 Stages of Investing (Retirement Version)

I remember my journey to investing for retirement. It was a stressful and anxious experience because I had no idea where to start or what to do. However, as I made my own way through the investing landscape, I discovered that I had gone through several stages before I was comfortable enough to invest. Hopefully, knowing about these stages and recognizing them as normal will … Continue reading The 5 Stages of Investing (Retirement Version)

First Paycheck, Cha-Ching! Now What?

First, buy something for Mom and Dad as a token of your appreciation for their support (flowers, lunch, take them to the mall, etc.). Now that the easy part is over, let’s get down to business. Know Thyself Financial stability is all about you. Unfortunately, we as a society do not talk about personal finance as much as we should and that hurts everyone. I … Continue reading First Paycheck, Cha-Ching! Now What?