The Tax Cuts and Jobs Act of 2017 changed a lot of rules, but one thing remains the same: It is exceedingly difficult to evade the long reach of the taxman. That’s even true of Social Security benefits. Many people know that if you work while collecting benefits before reaching your full retirement age, it can result in a reduced benefit. But earn too much money — even by simply making... [...]
Welcome to my weekly life update where I share about my pregnancy & give you a peek into our life this past week. If you want to follow a lot more behind-the-scenes and real-time updates every week, be sure to follow my stories and posts on Instagram.
Week 18! I can’t believe I’m almost halfway!!
Baby has been kicking up a storm and all the kids were excited that they were able to each feel kicks this week!! They want to sit and just keep their hands on my belly so they don’t miss any kicks!!
I implemented some of your suggestions for heartburn and sleep and while I can’t point to one specific thing that I’m certain worked, I am thrilled to report that I only had one really bad heartburn/nausea day this week and I’m positive it was because I wasn’t super careful with what I ate that day. Otherwise, I had very little heartburn this week and I slept for six hour stretches multiple nights!!
Also notable: this week marked my last planned flights until (likely) well after the baby is born. It feels weird that, if all goes as planned, I won’t be hopping on a plane again for months and months! I’m excited to get to stay home and write my next book, possibly get to love on and care for a child who is in foster care (we think there’s a good chance we’ll be getting a placement soon!), and start prepping for bringing this new baby into our home!
Scrambled eggs and avocados with sourdough toast and butter (this has become one of my go-to meals) and frozen yogurt. Also, I absolutely loved the turkey and mashed potatoes at Thanksgiving! It hit the spot!
WEIGHT GAIN: 9 lbs.
We went to Wichita, Kansas all week to spend time with both sides of our family. I took almost zero pictures the entire time because I was just offline and soaking up the time with family, so I have almost none to show of our time there. But it was a really fantastic trip and we’re so glad our families both live so close so that we can spend holidays with both sides!
We all enjoyed getting to spend a lot of time with so many of the nieces and nephews/cousins.
Each year, we have two family Thanksgiving celebrations with extended family on Thursday and everyone who comes signs up to bring parts of the meal. This year, because I’m running on a lot less energy that I usually have, I asked the kids if they would be willing to help out. They each signed up to make one item for both houses.
Kathrynne made Pistachio Salad and Green Bean Casserole. Kaitlynn made two Apple Pies (be sure to check out the braided crust she did — see below!). Silas made two Pumpkin Pie fillings. And Jesse peeled and cut up 10 lbs. of sweet potatoes.
All I did was oversee, make pie crusts, and finish the two Sweet Potato Casseroles — and we were done in two hours with everything!
Mamas of littles, holidays might be really hard right now. You’re tired. There’s so much to do. And you have to do so much of it yourself.
Well, just hang on… there’s a day coming soon when your kids will be old enough to not only take care of getting themselves dressed and fed, but they’ll be cooking Thanksgiving dinner for you, too!
Reading: Parenting and The Killing Tide
Watching: We subscribed to Disney+ for December at the kids’ request since we usually watch a lot more family movies together this month! The kids are loving it! We watched 12 First Dates last night as a family. This was a fun, feel good movie that reminds us to see our blessings right in front of us. (Note: It was a big cheesy in parts, had a tiny bit of mild language in it, and was definitely a bit of a rip-off of Groundhog Day, but we all still enjoyed it.) What are your family’s favorite Christmas movies?
Listening to: Christmas Music! (Of course!) Also, after months of getting nauseous from listening to audiobooks (just one of the many weird things that makes me sick to my stomach in pregnancy!), I just downloaded a few from Libby and am going to try again this week!
Loving: That it’s December and we have so many memory-making plans for this month! It’s one of my favorite months and I’m excited about it!
What are you reading, watching, listening to, and/or loving? I’d love to hear! [...]
This post may contain affiliate links. Read my disclosure policy here.
Looking for the best gifts for boys this holiday season? We have you covered with this Little Boys Gift Guide — and they’re all under $30 to help you stick to your gift budget! This list includes gifts for 7 year old boys, gifts for 5 year old boys, and gifts for 2 and 3 year old boys!
This Holiday Gift Guide was thoughtfully put together by Gretchen on the MoneySavingMom team — a mom to three little boys ages 7, 2, and 1. As a boy mom, her life is full of adventure, dirt, and snacks! She is married to her high school sweetheart and enjoys finding good deals, decorating, coffee, and good books.
Have a little boy on your list this year and you’re stumped on what to get them? Here are some great ideas to get you started based on their age. There are a wide variety of items listed here, so you’ll be sure to find something they like!
Best Gifts for 7 Year Old Boys
1. Nerf N Strike Elite Strongarm Toy Blaster – My son loves playing with Nerf blasters with his friends and my husband! This one is a great gift for Nerf newbies.
2. Hasbro Guess Who Classic Game – This game is a favorite at our house! My 7 year old and I will often play a game or two after the little ones go to bed. It’s super easy and a lot of fun!
3. Remote Controlled Mini Drone Quadcopter – Someone gifted my son with this and it is the coolest little toy! This Quadcopter can fly forward, backward, up, down, hover, and even do complete flips in the air.
4. Ideal My First Magic Set – This set is a great introduction to magic tricks and includes items to perform 25 different magic tricks. My son has enjoyed performing his magic tricks for all sorts of friends and family using this kit.
5. Kid’s Walkie Talkies – You can’t go wrong with walkie talkies, especially if you have more than one boy. I can’t tell you how much fun kids have with these!
Best Gifts for 5 Year Old Boys
6. Magic Tracks Remote Control Turbo Race Cars with Bendable Glow in the Dark Racetrack — This racetrack probably ranks as one of my boys’ favorite gifts they’ve ever received! This track bends and flexes as well as glows in the dark — making it super fun and exciting.
7. Superhero Costume Capes and Masks – Boys like to dress up too — just as long as it’s anything superhero related! These capes and masks are soft and adjustable.
8. Melissa & Doug Wooden Building Blocks Set – These blocks are made from solid wood and they’re perfect for building towers and knocking them over again and again. My boys have even used them to construct roads and towns for their toy cars and mini-figures.
9. LEGO Classic Creative Suitcase Building Kit – Once my boys are a little older, they transition from Duplos to real LEGOs and this is a great first LEGO kit to start them with. I love that it comes with a carrying case to keep them all in one spot.
10. Just Play PJ Masks Collectible Figure Set – If you have a PJ Masks fan, these PJ Masks Figures will be a hit! This set includes Cat boy, Owlette, Gekko, Luna girl, and Romeo.
Best Gifts for 2 and 3 Year Old Boys
11. Fisher-Price Nickelodeon Blaze & the Monster Machines – My boys are obsessed with Blaze & the Monster Machines, and these little cars have provided hours of entertainment for them. We’ve had them for several years and they are extremely durable and good quality.
12. Play-Doh Modeling Compound 10-Pack Case of Colors – You can’t go wrong with Play-Doh! Boys love to squish, shape, and mold this stuff into all sorts of interesting creations.
13. First Builders Big Building Bag – Mega Bloks are my boys’ first introduction to LEGOs and they always love them! These are perfect for early development skills as well.
14. Wooden Train Tracks Full Set Bundle – Oh my goodness! I can’t tell you how much little boys love trains and train tracks! We’ve had our set for over 5 years and all three of my boys have spent hours playing with it. This set connects with multiple brands including the Thomas Railway System, Brio, Melissa and Doug, Kidkraft, and more!
15. Safari Animals Figures – I didn’t know boys could have so much fun with animal figures until they got one free in a fast food kids meal. We are continually adding to our collection and now have animal figures all over our house. They sleep with them, play with them in the bath, and always take them on car trips. This set is BPA-free and uses no-toxic paint.
Stocking Stuffers for Boys
16. Flying Rubber Chicken Slingshot (16 pack) – These are the silliest little toys but kids absolutely love them! I buy them for every birthday party and throughout the year as surprises. These things provide so much laughter and fun and would be such great stocking stuffers.
17. Mr. Bubble Magic Bath Crackles – Make bath time fun with these magic bath crackles! My boys thought these were the best thing ever!
18. Super Miracle Bubbles – My kids are always up for playing with bubbles! These are an easy stocking stuffer idea that won’t disappoint.
19. Hog Wild Holiday Snowman Popper – This toy has been awarded the “Best Toy” award by Parents Magazine and I would agree! Not only did it provide lots of entertainment and laughter for my boys, it’s also quiet and small — two things that are on my checklist for best toys. 🙂
20. Whoopee Cushion – If you have boys, I can assure you this will be a hit. I found these at my Dollar Tree and put them in their stockings last year. The only problem was that I heard this all day long on Christmas. But hey — they loved them!
Bonus Ideas (Over $30)
Have a little extra wiggle room in your Christmas budget and willing to spend a bit more? Try one of these bonus recommendations:
21. Little Tikes Easy Score Basketball Set – This basketball set is has been a big hit with all of my boys (including my husband at times!). It’s small enough to use inside and has been a lifesaver on some of the long winter days to help burn off energy.
22. Little Tikes First Slide – We got this slide a couple of years ago and it has provided hours upon hours of fun. Not only do my kids slide down it, but they race their cars, trucks and basketball down it as well.
23. Foam Bow & Arrow Archery Set – This bow & arrow set is made from durable lightweight, foam tip arrows allowing the arrows to shoot over 100 feet!
More Holiday Gift Guides
Looking for other budget-friendly holiday gift guides? Don’t miss Gretchen’s Beauty Gift Guide and Olivia’s Gluten-Free Gift Guide!
Stay tuned as we roll out several more gift guides over the next couple of weeks — put together by several different MoneySavingMom.com team members!
Psst! Be sure to sign up for our hot deals newsletter to make sure you don’t miss any of the hottest deals each day this holiday season!
What other ideas do you have for best gifts for boys? Let us know in the comments! [...]
The best vacations are carefree escapes from everyday stresses. Bills and budgets? That’s for non-vacation life.
When you’re on the beach or at a five-star mountain resort, you buy the lobster dinner, you splurge for the couples massage and you make sure to pick up a few souvenirs along the way. But once you return home, you’re hit with the realization that you spent much more than you intended.
Making up for a huge dent in your savings can be tough, but these five ways will help you save up money when you’re coming down from that vacation high.
1. Try the Pantry Challenge
Going to the grocery store to restock the fridge is a natural response after spending a week or two away from home. But what if you delayed that shopping trip and got creative with what you already have?
The pantry challenge involves using up the often overlooked food in your cupboards, freezer or fridge before buying new ingredients. Then, if you normally drop about $100 on your weekly grocery trip, you can add that to your savings instead.
Of course, pantry items won’t sustain you forever. Making a meal out of rice and ketchup is really pushing it. When it’s finally time to go shopping, try using some of these tips to save money on groceries.
2. Sell Clothes You Never Wear
As you’re unpacking your suitcase and putting things away, take inventory of your closet and drawers. Surely you’ve got a few items in there that never see the light of day.
Turn a profit by selling your old clothes online, using a clothes-selling app or going to a brick-and-mortar second-hand shop to make the sale. Not only will you get cash to pad your savings, but now you have extra room for those graphic tees you bought on vacation.
3. Take a Break from Spending
If you blew through a lot of money over vacation, balance things out with a no-spend challenge. You don’t have to commit to a month of not buying anything besides essentials — though that would do wonders for rebuilding your savings. You can customize your no-spend challenge in a variety of ways, like focusing on temporarily nixing your weakness for buying things on Amazon.
While you’re on your spending freeze, try not to think of it as deprivation. Try some free ways to have fun, like exploring the great outdoors, being a tourist in your own city or hosting a game night at home.
4. Automate Your Savings
Use automation to take the work out of saving money. Money-saving apps like Digit and Acorns pull small amounts from your checking account to save without you even thinking about it. A few dollars here and there will add up over time.
If micro-saving apps aren’t your thing, arrange for a percentage of your paychecks to be deposited directly into your savings account, or pay yourself first by setting up automatic transfers from your checking to your savings account right after payday.
5. Bite the Bullet and Start Budgeting Your Money
You may think you’re getting by fine without budgeting, but establishing a plan for your spending — and prioritizing saving — can help you make up for overdoing it on vacation.
Learn how to develop — and stick to — a budget next month with these seven steps to budgeting. If you think you’ll have trouble sticking to your spending limits, try the cash envelope system. This method keeps you from overspending, because you physically have no more cash once the envelopes are empty. No cheating and swiping your debit card!
Nicole Dow is a senior writer at The Penny Hoarder.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017. [...]
Are you one part of a couple? Someone’s better half? Partner in crime?
That’s good news, because we’ve got plenty of money tips from real couples who’ve paid off debt, improved their credit scores and built business empires.
They share their tips and secrets to financial success. And, hey, you two can even start using some of their strategies right now.
Secret No. 1: Boost Your Nest Egg By “Starving and Stacking”
Whether you want to build a nest egg or pay off a substantial amount of debt, the “Starve and Stack” savings method is perfect for couples, especially newlyweds.
Here’s how it works: As a couple, you’ll combine your money and live off one income for 18 to 24 months. The other paycheck goes directly into a high-yield savings account or toward your debt. (Shoutout to Nick Vail over at Remove the Guesswork’s website who coined the term!)
Personal finance writer Jen Smith put this strategy to the test. Her and her husband were able to pay off $78,000 of debt in two years due, in part, to this strategy. And, no, they didn’t have to starve without meals.
Secret No. 2: Enjoy The Spoils of Passive Income and Semi-Retire by 35
Have you ever thought about investing in some real estate? No, you don’t need to have enough money saved for a down payment — you can start with a minimum investment of $500.
Through the Fundrise Starter Portfolio, your money will be invested in portfolios of real estate around the United States.
You can see exactly which properties are included in your portfolios — like a set of townhomes in Snoqualmie, Washington, or an apartment building in Charlotte, North Carolina. And you don’t have to be the landlord — Fundrise does all the heavy lifting.
As tenants pay their rent, you can earn money through quarterly dividend payments and potential appreciation of the property.
We talked to Christopher and Meghan Miller, who at just 35 and 29, quit their full-time jobs and bought two acres in Berryville, Virginia. They live off their savings and income from side gigs — and use sources of passive income, like Fundrise, to add to their financial security.
They own rental properties, too, but Christopher said Fundrise is even better: “I view our investments in Fundrise as something even more passive than the rental properties we own. I don’t have to manage them; I don’t have to do the work to improve the properties; I don’t have to find tenants, evict tenants.”
Plus, it only takes $500 to get started with Fundrise — not $50,000.
Secret No. 3: Make Improving Your Credit Scores a Team Sport
If you and your partner have plans to buy a car or home — or even rent a place — you’ll need a healthy credit score. But if you’re like many of us… when’s the last time you even checked your score?
Let’s start there. We suggest using a free website called Credit Sesame. We like it because, again, it’s free, and it takes less than two minutes to sign up. Once you have access to your score, you can take steps to improve it with Credit Sesame’s personalized recommendations.
Salome Buitureria and her husband, Alfredo, both struggled with bad credit. Both of them got laid off from their jobs, and the credit card bills started to stack up as they tried to support their nine kids. Their scores were in the low 500s.
They signed up for Credit Sesame and started taking its recommendations. For Salome, it helped her find an error on her report and dispute it. It also recommended a rewards credit card she could qualify for that’d help her improve her score.
Today, Salmone’s score is around 690, and Alfredo’s is at 701, and now they have big plans to buy a home soon.*
Just because you have bad credit now doesn’t mean you have to live with it forever. Credit Sesame will help you get there — it takes approximately 90 seconds to get started.
And if you have a partner in crime to keep you motivated along the way? Even better!
Secret No. 4: Leave Your Kids $1 Million (Without Being an Actual Millionaire)
If you have kids, you’ve probably worried about what’ll happen to them if something were to happen to you…
That’s where life insurance can provide a peace of mind. You sign up for a policy and pay a monthly rate, and if you die, your partner and kids will receive the payout.
Traditionally, life insurance was seen as something only the wealthy needed, but that’s not the case anymore — especially since policies are so affordable.
Consider a life insurance company called Bestow. The application doesn’t take more than about five minutes to fill out, and you can leave your family with $1 million — for as little as $5 a month.
Derick Davis understood the importance of life insurance when his dad passed away. His dad had a life insurance policy, but it wasn’t enough coverage, and Davis, then 5, remembers his family struggling to stay afloat financially.
When he started looking into life insurance policies for his family — his wife and two sons — he found that life insurance was actually much more affordable than he expected. And now?
“It makes me feel that I’m doing the right things in order to give my kids the best chance if something should happen,” he says.
It takes minutes to get a free quote from Bestow.
Secret No. 5: Start a $350K Business Empire
Back in 2007, Adam and Coryn Enfinger were a young, broke married couple who’d just had their first baby. Both of their cars broke down within the same month, and they couldn’t afford a new one. So Adam bought a bike to ride to work.
On one of his 17-mile commutes (one way), he had a business idea: Sell screen-printed T-shirts with animals on bikes.
Adam and Coryn worked odd jobs to make ends meet while they worked to launch what would become a $350K business, Dark Cycle Clothing.
Now, their first few attempts at selling products didn’t go so hot. At one event, they sold maybe two items. Coryn decided to list the extra products on Etsy, and that’s when things started taking off. In 2009, Dark Cycle Clothing became the couple’s full-time career.
Since then, they’ve started selling their T-shirts at markets again, which now makes up about a third of the company’s revenue. They’ve even hired someone to help out with photography and customer service.
“We were so busy,” Coryn said. “We grew really fast. I sometimes feel like we’re still catching up from the growth in the beginning because we didn’t start with a plan.”
“It took three or four years for us to really believe it was going to be our career,” Adam added.
The key to building a business together? Get creative, don’t give up, hustle hard and enjoy it!
Secret No. 6: Vow to Pay Off Your Debt, For Richer or For Poorer
If you’re like the majority of Ameircans, you’ve probably got debt. And unfortunately, it doesn’t just disappear when you get married. In fact, it might feel even more overwhelming if you’re trying to tackle your combined debt together.
Here’s what we suggest: Refinance and consolidate your debt.
What’s that mean? Take out a personal loan, one that has lower interest rates and more favorite terms than your current situation. Then, you’ll use that personal loan to pay off your debt. You can do this for your debt, their debt and even your combined debt.
It might sound counterintuitive at first — like you’re just moving one form of debt over to another — but the truth is, paying one bill each month will be a lot easier, and this could even lower your payments, save you tons of money in interest and/or allow you to pay off your debt faster.
If you’re not sure where to start looking, use a website called Fiona. It’ll match you with a low-interest loan — rates start at 3.84%. It won’t make you stand in line or call a bank. (We know you don’t have time for that.)
Refinancing and consolidating debt was one of the moves Deacon and Kim Hayes made to pay off $52,000 worth of debt in 18 months.
They had a few [...]
Headed to Target this week? Pick up some free Bic Pens!
You can score some great deals on Bic Pens and Pencils at Target! Here’s how:
Buy 1 BIC Xtra Life Stic Pens 10 ct – as low as $0.99
Use $1/1 Bic Manufacturer’s Coupon Target Circle offer
Free after coupon
Buy 1 Bic Mechanical Pencil Packs – as low as $2.29
Use $2/1 Bic Pencils Manufacturer’s Coupon Target Circle offer
$0.29 after coupon
Thanks, Kosher On A Budget! [...]
Is it possible to save money on groceries if you only eat whole foods? In this post, I give some of my best tips and encouragement for how to keep your grocery budget low, even if you only eat whole foods.
I have been scouring the internet for easy, budget friendly meals for those on a strict diet. Over a year ago my health was a mess and we figured out my body has a sensitivity to toxins in the environment, particularly from plastic, treated water, and also chemicals used on food. I found I feel so much better when eating whole, organic foods and organic meats. However this shot our grocery budget up to a crazy high amount.
We live in a sparsely populated area in the midwest, one stoplight in our whole county. Healthy food is not cheap. I am desperate for ideas on how to have a “beans and rice” budget but not sacrifice the progress I have made in my health. I would love to hear insight on this. Thanks and God bless your journey! -Kristy
First off, Kristy, I just want to encourage you to know that you are not alone. I have heard from many other women who are in similar situations. And I’ve also seen many women who have found very creative ways to eat very healthfully on a tight budget.
One of my local friends, Cheapskate Cook, is a fantastic resource for how to eat healthfully on a budget. She constantly inspires me with her outside-the-box ideas!
I also wanted to share some other strategies and suggestions that might help you in your journey:
1. Have a can do attitude.
The first step to lowering your budget is believing that you can. If you think you can’t, you probably won’t be able to. But if you believe you can, you’ll likely be motivated to figure out creative ways to make it happen.
When there is a will, there is usually a way.
2. Cut your budget in other areas.
Now, that said, I’m not saying you should be unrealistic or put undue pressure on yourself. Don’t compare yourself to other people or other budgets.
Also, realize that getting creative could mean choosing to cut back in other budget categories in order to give you more wiggle room in your grocery budget.
For instance, maybe your family choose to drive an older car and not go on vacations and live in a smaller home in order to free up extra money for your grocery budget. Everyone has different priorities and it’s okay if your priorities are very different from another family’s priorities.
3. Buy in bulk.
Research all of the local farms in your area to see which ones would be willing to sell to the public. Could you drive an hour or two to buy half a cow and save $1 or $2/lb.?
Are there any orchards or farms nearby that would be willing to sell you their produce “seconds” for less? Sure, it might not be as pretty as full-priced product, but they will taste just as good!
What about stores that are within a 50-mile radius of your home that might offer organic items and would give you a discount if you were to purchase in bulk?
Also, check to see if Azure Standard delivers in your area. If not, could you start a group so that they will come to your area?
4. Grow your own.
One of the best ways to save on produce is to grow your own. If you have kids, make it a family affair. Challenge yourself to see how much of what you usually buy at the store can be grown or made yourself!
5. Look into online options.
There are so many great online options nowadays that offer great deals on natural and organic products. Grove.co, Amazon, and Vitacost are a few of my favorite sites. But I’m sure if you start looking, there are many others, too!
Tip: Type in the price point you want to pay for items you routinely buy from Amazon.com at CamelCamelCamel.com and they’ll send you an alert when the price goes under that amount!
What others ideas do the rest of you have for Kristy? I’d love to hear in the comments!
More posts to check out:
10 Ways to Afford Organic Foods on a Tight Budget
How to Eat Well on a $40 Grocery Budget
Going Vegan on a Budget
photo credit [...]
Patrick Kelahan is a CX, engineering & insurance professional, working with Insurers, Attorneys & Owners. He also serves the insurance and Fintech world as the ‘Insurance Elephant’. Just as swallows return to Capistrano, the insurance innovation world returns to Las Vegas for its InsureTech (sic) Connect conference, this year attended by 7000. Well, if Jay […]
The post ITC 2019 as mixer, and a mixed bag of InsurTech topics appeared first on Daily Fintech. [...]
Every morning and afternoon we publish a list of the latest and best deals from our partner, DealNews. To learn more about the discounts and details, click on any of the deals for more information. To have this list, along with our latest news and stories, delivered daily to your inbox, sign up for our free newsletter. For links to deals as they’re published, follow @mtndeals on Twitter. [...]
A tax dependent is a child or relative whose characteristics and relationship to you entitle you to claim certain tax deductions and credits on your tax return. Tax dependents can cut your tax bill considerably by making you eligible for tax breaks such as head of household filing status, the Child Tax Credit, the Credit...
Tina Orem is a writer at NerdWallet. Email: firstname.lastname@example.org.
The article Claiming a Tax Dependent? How It Works and Why to Do It originally appeared on NerdWallet. [...]
Let’s be honest with ourselves. We’re so ready to fire off an angry Tweet at Netflix every time our bill goes up a buck. So why is that so many of us won’t take a mere seven minutes right now to chop thousands of dollars off our student loans.
Here’s the thing: You’ve probably had the same student loan company since you had acne and were eating ramen in the dorm room. And we get it. It’s easy to just let these things slide.
But chances are, your student loan company is overcharging you. And something as simple as switching loan companies could help you shave hundreds of dollars off your monthly payments.
The best way to find a better deal is to use Credible. It’s sort of like Kayak — but for student loans. It looks at your options from up to eight companies to make sure you have a loan that will give you the lowest monthly payment and the fastest payoff time.
If you’re even a little curious, it only takes two minutes to see if Credible can help you pay off your student loans faster.
Chances are, you’re going to find a better deal than what you originally signed up for. And that could mean saving as much as $350 a month — and paying your loans off five years faster.
How She Shaved $350/Month From Her Student Loan Payments
Sarah Ann Stanley, a 32-year-old product manager in Minnesota, was forking over $500 a month in student loan payments. Plus, she was paying close to 8% interest on multiple loans.
Then, about two years ago, she looked into other options and decided to refinance — or replace her multiple loans with a single new one. Her interest rate was now 6.22%.
Yes, that’s less than a 2% difference, but it shaved $350 a month from her monthly bills. Oh, and now she only had to manage one bill — not several.
“I didn’t want to be 45 and still paying student loans,” Stanley says. “Now that won’t happen.”
After a second refinance, Stanley is now able to pay off her loans five years ahead of schedule and save even more on interest.
“Because so much of our money goes to this, it’s worth pushing the envelope and fighting for yourself and finding a better deal,” she says.
Luckily, Credible makes it easy to fight for yourself — and who doesn’t want to get out of student loan debt a few years sooner?
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017. [...]
Want to get a gift that will help your child learn as they play? Take advantage of this deal and grab the Learning Resources New Sprouts Stir Fry Set for only $16.29. You will be saving 35% on this purchase because it is usually $24.99. Be sure that you grab this deal soon because the ... Read More about Learning Resources New Sprouts Stir Fry Set
The post Learning Resources New Sprouts Stir Fry Set appeared first on Penny Pinchin' Mom. [...]