Financial literacy – Page 3

Paying off our daughter’s $64,725 college tuition 29 days after graduation, and lessons learned to graduate college DEBT FREE

This is a long one, but… Despite the many hurdles, we paid the last payment on Nalah’s student loan 29 days after graduation.

Why a credit card is a poor emergency fund.

Using credit cards as emergency funds is not a reliable option since it can lead to a false sense of security and neglect saving for emergencies. Building and maintaining a dedicated emergency fund in cash is crucial for financial stability during tough times. Here are five tips to start building your emergency fund: set a goal, create a budget, automate savings, start small, and avoid temptation.

The Debt Dilemma: Navigating the Good and Bad

Debt is a double-edged sword. It can be a helpful tool for financial goals but a ruinous trap if mishandled. Personal circumstances and goals determine its usefulness. Seek professional advice, manage wisely, and avoid excessive debt. Build a secure financial future.