Posts Tagged ‘SAVINGS’

[why not] hold off on savings?

Posted March 3rd, 2018 by lisa | Comments Off on [why not] hold off on savings?

[Why Not? is a new monthly series highlighting the decisions I’ve chosen not to make in my journey to student loan debt freedom. I will go over the pros and cons of the particular choice and I’ll also explain why I, personally, have chosen not to go this route.] Currently, I’m saving almost 40% of […]

why i’m doing this (part one)

Posted March 3rd, 2018 by lisa | Comments Off on why i’m doing this (part one)

New York, New York When I was a senior in high school, I went to New York with my high school’s jazz choir to perform at Carnegie Hall. Talk about an experience of a lifetime – I went on top of the Empire State building on my 18th birthday, celebrated with some good ol’ New […]

let’s get down to business

Posted March 3rd, 2018 by lisa | Comments Off on let’s get down to business

Here is a graphic of my current budget from my last post: Now, in order for me to be able to throw about $500 at my student loan debt, I need to shift some things around. I crunched a bunch of numbers, and this is what the new budget looks like: New budget allocations: Necessary Expenses […]

budgeting 101

Posted March 3rd, 2018 by lisa | Comments Off on budgeting 101

Everyone’s budget is different. But if you don’t know where to start, many personal finance experts suggest you start off with a 50/30/20 budget – 50% of your post-tax income goes to necessary expenses (mortgage, rent, loans, etc.), 30% goes to your wants (nights out, movies, etc.), and 20% goes to savings (long-term, short-term) (see […]