In the past, there were several occasions when I was scrolling through Instagram and I kept seeing people talking about a sinking fund and whether they used one or not. After coming across it time and time again I decided to Google it. After I found out what it was I thought to myself. "Oh. We've been using that!" I just couldn't actually believe it had a name. Lol. And of course, when I asked Omar if he knew what it was, he said he did. So how did I spend all this time not knowing or Continue Reading
Should Spouses Have A Joint Bank Account?
A topic for discussion before marriage, or early thereafter, is whether you and your spouse will have a joint bank account. There are definitely varying opinions and even pros and cons as to whether you should or not. Pros To Having A Joint Bank Account accountability of each spouse's spending helps to open communication about expectations in regards to finances will help both of you feel like you make more money because both incomes are combined helps make it simple to pay Continue Reading
5 Reasons To Never Borrow Money Again
Ever since becoming debt-free (except the house) I've realized how much lighter I feel. Not borrowing money anymore has been such a blessing to my family that there isn't anything on earth that I want bad enough to ever go into debt again. I've heard all the arguments that debt is a tool and blah blah blah. They can definitely be convincing. What people don't tell you is that there are trade-offs. Trade-offs that not only hurt you financially but can hurt you emotionally and affect your Continue Reading
Why You Should Save For Your Child’s College Education
Since the beginning of May, we've been doing a series about college, money, and student loans. Kim shared several stories in this series, which if you haven't already checked them out, don't forget to do so. How I Chose My College Major Why I Didn't Mind Paying Back My Student Loans How I Paid Off $36,500 In Student Loans When I was in middle school and high school I didn’t understand the purpose of getting good grades in school. My lack of understanding showed at the end of Continue Reading
