The #1 rule of personal finance is to have an emergency fund. Every financial guru from Dave Ramsey to Suze Orman to Ramit Sethi to yours truly, Engineer Your Finances, recommends you have one. According to CNN, “nearly a quarter of Americans have no emergency fund.” That’s 1 in 4 people! What is an emergency […]
Archives for November 2020
If you are having difficulty managing multiple types of debts, a debt consolidation loan may be the solution you are looking for. However, those with bad or low credit scores might wonder what their options are in addressing their financial problems. Luckily, some lenders cater to bad credit borrowers in this kind of situation.
If you are moving out of your parents’ home for the first time, you are most likely on a tighter budget and living with roommates. Thankfully, this mix is very doable. Once you and your roommates have found an apartment or condo to rent, start to divvy up costs and figure out how you are […]
If you run a business, you need to keep up with your accounting tasks. This is the case whether it is something you do on the side for extra income or it is your full-time job. Not doing so, opens you up to a long list of issues. Everything from getting into trouble with the […]