Benjamin Franklin famously said, “Failing to plan is planning to fail.” And it wouldn’t surprise us if he were talking about money and how to budget. There seems to be common feeling that if I make a lot of money, I’ll be set. But that’s just not the case. Making money is only half the […]
Category: Budgeting
10 New Year’s Resolutions That Will Bring You More Money And Happiness
1. Make A Monthly Budget We already know what you are thinking. A budget? Really? Yes. A budget. Hear us out here. A budget is the #1 way for the vast majority of people to take control of and transform their relationship with money. If you can’t answer the following questions, then you need a […]
10 Easy Ways To Better Yourself Today
We recently read an article that discussed the link between materialism and mental health problems. The research showed that practicing gratitude can help curb materialism, which in turn could improve your mental health. But if you feel stuck or like you don’t have a lot to be thankful for, think again. Here are 10 easy things […]
5 Ways College Students Can Revitalize Their Finances
For most college students, financial considerations stop once they receive their financial aid package. However, more financially responsible or savvy spenders are always looking for ways to beef up their finances. And there’s no better time than winter break. As students return home for roughly a month or two, they have limitless opportunities to seize […]
How I’ll Pay Off Over $200K In Student Loans
It’s no secret that the cost of an education is getting out of hand. Estimates put the total amount of student debt in the U.S. at $1.5 trillion. Yikes. With $200,000 in student loans, I am a part of these eye-popping figures. Thankfully, I have a plan to pay off my student loans. While many […]
What Is Compound Interest?
Professional sports is full of stories about young adults becoming millionaires overnight. Sadly, many also seem to go broke overnight. But one player is doing his part to teach his teammates about how to manage their money. Today’s lesson: compound interest. In the clip below, you can see NFL player Carl Nassib explaining the power […]
Healthy Habits – Being Unhealthy is Expensive
Building healthy habits can seem daunting, but being unhealthy is more costly than people realize. It’s no surprise that healthcare is the largest sector of the economy and the #1 employer in the U.S. But sadly, medical bills alone are enough to cripple any well-planned and executed retirement plan. Building healthy habits just seems so […]
Is It Better To Rent Or Buy
Both of us have always rented because we’ve basically been in school our whole lives. But it seems like we spend more and more time on Zillow looking at homes every year. So naturally we always ask ourselves is it better to rent or buy a home. When it comes to buying vs. renting a […]
The Sandwich Generation: The Group You Didn’t Realize You Belonged To
What Is The Sandwich Generation The Sandwich Generation refers to the group of adults who care for their parents while supporting children of their own. This is a concept that most people are familiar with, but don’t realize actually has a formal name. If you are here, there’s a decent chance you are a member […]
5 Personal Finance Lessons I Learned In Medical School
The Finance Twins is run by identical twins, Camilo and Francisco Maldonado. While The Twins collaboratively work on most articles, this one was written by Francisco. One of my first memories was asking my twin brother, Camilo, to play doctor with me. His job would be to fake an illness. Mine was to mend his […]