Personal Finance

Emergency Fund: Why You Need One & How to Build It

This post originally appeared on Fabric There’s one thing you can do to help secure your family’s future, achieve your own goals and give you (and those around you) peace of mind: Have a solid emergency fund. Forty-six percent of Americans don’t have $400 in cash to handle an emergency–but car repairs, hospital bills, job […]

Personal Finance

Need to Pay of Credit Card Debt? Start With These Tips

This post originally appeared on Fabric Credit card debt is the worst. With interest charges that seem continually on the rise, and balances that never seem to go down, it’s like a pesky iPhone morning wake-up alarm that never stops blaring. If you’ve hit snooze on paying off your cards more than a few times, […]

Personal Finance

A Guide to Financial Prioritization

This post originally appeared on Fabric You already know the most basic principle of personal finance–spend less money than you make. Once you’ve got that covered, however, figuring out how to achieve all your financial goals at once can feel overwhelming. Should you direct any extra cash toward paying off your student loans or saving […]

Personal Finance Side Hustle

Self-Employment is the Key to My Family’s Financial Stability

This post originally appeared on Fabric My husband and I sat in the mortgage broker’s office, running the numbers as we prepared to buy our first house. My husband is a cop and I’m a freelance writer, so most people assume his job is the cornerstone of our financial security. They’re wrong. The broker asked […]

Personal Finance

The Best Money Tips from 7 Top Personal Finance Bloggers

This post originally appeared on Fabric There’s a lot of wisdom on the internet. At least, if you know where to look. For inspiration on ways we can innovate and improve our finances, we turned to some of the best personal finance blogs and asked those been-there-done-that personal finance bloggers for their top tips. Here’s […]

Personal Finance

It’s Possible to Save Even if You Live in a Big City – Here’s How

This post originally appeared on Fabric Research most smart and sane budgeting wisdom and you’ll likely find variations around the 50/20/30 rule, i.e. you should be spending your take-home salary using the following method: 50 percent on fixed costs, 20 percent on savings and 30 percent on discretionary income. However, as any city-dweller who’s just realized they […]

Personal Finance

Buying a Home? Get Ready with this Ultimate Guide

This post originally appeared on Fabric Buying your first home used to be a symbol of adulthood. But many millennials and members of Generation X have put off the home-buying process into their late 30s, 40s and 50s. In fact, thanks in part to my generation’s average $37,000 in student loan debt, the average age of […]