All posts tagged: money

Living at Home in Your 20s

I have a confession to make: I’m nearly 24 years old and I live with my parents. I live in the same flat and the same room as I’ve lived in since I was five years old. Twenty years ago that would’ve been embarrassing. As far as I can tell (obviously I was a toddler at the time) most people moved out by their early 20s. People would live with friends or with their partners. By the time they were ready to marry and have kids they had already been independent for several years. If they did live at home a lot of the time they also lived with a partner/spouse and they were simply saving up money before they could get their own place.  The idea of someone, let alone thousands of people, living with their parents into their 20s and even 30s would have been weird. People would’ve wondered what was wrong with them. But now it is relatively normal. I can’t speak for the rest of the world (although recent analysis shows …

How to Deal with Debt Without Ruining Your Relationship

Originally posted on Millennials making cents of money:
Relationships can be hard enough, add money to the mix and it can be disastrous. Today, many millennials have student debt, credit card debt, auto loans, etc.  For the few that don’t, the odds are against you for finding a partner who doesn’t have any debt.  That doesn’t mean it’s impossible or that you shouldn’t date someone with debt. It just means you need to figure out how to talk about/manage debt before it becomes a problem to the relationship. Toni Coleman, a psychotherapist and relationship coach in McLean, Virginia, says she frequently sees couples dealing with problems such as hiding debt from each other, blaming each other for their dual debt and “an attitude of ‘yours’ and ‘mine,’ which keeps the couple from working together on a solution.” As a couple, you must work through the debt together. Here are steps to help you with this process: Be honest. Some people feel they need to be ashamed of this debt, but let’s be real, college costs a…

10 Innovative Personal Finance Tips

Originally posted on Generation Y Retirement Account:
We see articles often about the most innovative companies, the most innovative technology, the most innovative fitness routines…why not the most innovative money tips? One thing I really dig about personal finance is consistency. There are many teachings & rules that were true in the past that are still applicable today. You really can’t doubt him when Warren Buffet states: “Do not save what is left after spending, but spend what is left after saving.” Buffet is now 85 years old and is worth $61.8 billion dollars. Whoa.  I had to take a minute to let that sink in again… When you start to read & learn more about personal finance, you start to recognize patterns. Lot’s of them. This is great though! Repetition really allows you to learn about a subject that may seem like completely unfamiliar terrain. Unfortunately, if we are not exposed to personal finance teachings in our youth we have to play an immense amount of catch-up in our adulthood. Since personal finance is…

What Makes a Woman Confident?

Originally posted on Just another millennial living with her parents:
I feel as though this is a popular topic to discuss. The topic of confidence. I don’t speak to men, when it comes to matters of confidence – Ladies, I’m telling you – They have enough. Men, men, are so flipping confident these days. I tell you, I’ve never met a single male, anywhere, that hasn’t told me what to do. They tell me what I should be doing with my time. Of course, I shouldn’t be wasting so much time, worrying about my student loans – But I do. It’s all I can think about. I go hard, get what’s mine, take what’s mine. I work hard these days, and I must tell you, confess to you, ladies – My confidence is directly related to my money. These days, I feel a lot of pep in my step. I’ve bolstered up my student loan payments, and I feel good. Actually, I feel great. I’ve traded in my butter knife for a tomahawk, and I’m…

Why You Should Work for Little to No Pay

WARNING: This may cause gif overload, but who doesn’t love a good gif. After attending school for four years and building up debt, we all want to graduate with a salary paying job that allows us to live comfortably and pay off student loans.