5 Top Companies Offering Seasonal Part-Time Jobs

Taking on a side gig is a practical way to make money on the side ahead of the big shopping season, or simply accelerate your earnings to start off your 2020 savings fund, strong.

As soon as you know it, pumpkin spice lattes will be replaced by eggnog and hot chocolate. But along with all the great things that come in a holiday season, there’s also the part about increased spending. You will need money for travel, buying gifts, and to set aside cash to continue hitting your financial goals

But don’t fret — although there are many strategies to help control your holiday spending, you also can capitalize on seasonal part-time jobs that many companies offer this time of year! 

We took a look at five companies that can help you earn a little more cash leading up to the holidays.

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The Financial Gym Team
How to Rebuild Your Credit Over Time

Having a strong credit score can open doors to more affordable financial products, like loans, and can even help position yourself as a prime candidate for a new apartment. If your credit is poor or you’ve just undergone bankruptcy, however, these opportunities might be harder to come by.

Learning how to rebuild credit after bankruptcy or increase your credit score is possible, but there’s no instant solution to get you there. It takes time, but implementing a few strategies to improve your credit, can go a long way.

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Jennifer Calonia
6 Holiday Expenses to Budget for (Aside From Gifts)

The holidays are packed with opportunities to celebrate life, family, friends, and traditions. With increased family gatherings and celebratory occasions, the holidays tend to cost a little more than the rest of the year. 

Aside from holiday shopping for gifts, this time of year tends to bring unexpected expenses like travel costs and special meals. While you can keep your fingers crossed for a holiday miracle, it might be a better use of your time to budget for unexpected expenses. 

With the holiday season around the corner, you can get ahead by anticipating costly purchases. Check out the holiday spending tips below. 

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The Financial Gym Team
What I Learned From My “No Shopping on Amazon” Quarter

My challenge also forced me out into the world to explore different avenues of making purchases that were sometimes even cheaper than Amazon’s prices.  

I used to rush to Amazon Prime to buy books, office supplies, clothes, and anything that I thought I needed. But, when the challenge began in July and I needed a few things, it pushed me to go to physical stores, and not only find more affordable options, but also discover my community. 

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Client Contributor
What’s the Difference Between a Traditional IRA and a Roth IRA?

An individual retirement account (IRA) is used to set funds aside and invest savings for retirement later down the road. The account functions as a holding tool for a variety of assets, from stocks and bonds to certificates of deposits and money markets. There are two primary types of IRAs to choose from: traditional and Roth.

While each type of IRA has its pros and cons, both are an effective tool for saving for the future. One of the most enticing features of an IRA is its tax-advantaged nature — investments held in an IRA don’t have any tax implications as long as they remain in the account. This means your savings can grow and compound without increasing your income tax for the current year.

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The Financial Gym Team
Pros and Cons to Borrowing Against Your 401(k)

You can think of your financial journey to retirement as a road trip. If you start in New York and plan to retire in California, you have two choices: make the trip as direct as possible or allow some stops along the way to make the journey a little more comfortable. 

A 401(k) allows workers to save part of their paycheck before taxes are taken out. Sponsored by a given individual’s employer, the purpose of a 401(k) is to provide a savings plan that workers can access once they have retired. 

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The Financial Gym Team
Getting Financially Naked: How My Biggest Fear Changed My Life 

I remember my first call to The Financial Gym like it was yesterday. In 2016, I had just moved to Dayton, OH to start my doctoral degree at The Ohio State University. My bi-weekly two-hour round trip commute was comprised of listening non-stop to every single episode of the Martini’s and Your Money Podcast. Shannon, Melanie, Tonya, Liz and I were, of course, best friends...or at least I wished we were. Listening to Shannon’s podcasts was more than eye-opening. I had read all the books that most people read about financial well-being, but none of their advice ever stuck. I needed something more and The Financial Gym was where my life changed. 

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A Financial Gym Client
5 Essential Tips on Budgeting for Couples

Newlyweds meet many challenges when merging their lives, from living together for the first time to combining finances after marriage. New couples must decide how to manage their finances to work toward achieving joint goals. 

Here are five budgeting strategies for newlyweds to set you and your spouse up for financial success.

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The Financial Gym Team
The 5 Financial Benefits of Living with Roommates 

Today, 25 million people in the US live with roommates. This is a dramatic shift from the decade prior when most adults between the ages of 18 and 34 were living independently. There are plenty of reasons why people are choosing to live together. First, there’s the obvious reason: the urban housing crisis. There’s a lack of homes, and housing costs are rising faster than income, so people are renting and sharing more. But that doesn’t explain the entire phenomenon. 

We also have to consider the scientifically-proven mental, physical, and emotional benefits​ of living with roommates as well as the many lessons you learn by sharing space with others. The strongest argument behind living with roommates, however, is that it saves you a ton of money. From being able to split the cost of rent, to divvying up expenses you might not have thought of, living with roommates can save you a whole lot of cash. 

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How to Recession-Proof Your Finances

After the last major economic downturn, hearing that the next recession might be around the corner (or already in our midst) can feel unsettling. Despite the buzz of impending recession fluttering across the media, the reality is that so many factors simultaneously influence the U.S. economy no one can truly predict its timing.

The mystery of the unknown — when the recession will hit, how long will it last, if it’ll even reach our doorstep at the same magnitude as the Great Recession — can be problematic. But like any crisis, whether due to a natural or economic disaster, preparedness is what can help you ride it out.

Making a few key choices now to recession-proof your finances may keep you above water if you’re worried about an economic downturn headed our way.

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Jennifer Calonia
Pros and Cons of a Prenup Agreement

Couples need to have many important discussions before walking down the aisle, and the topic of signing a prenuptial agreement can be uncomfortable for some. Many couples struggle with discussing finances in general, so adding a layer that’s essentially planning for divorce may be awkward or even confrontational. However, the outcomes of a prenuptial agreement can actually be beneficial to both parties.

Prenuptial agreements aren’t just for the super-wealthy. More couples are choosing to put their financial cards on the table before saying “I do” — whether it’s because there’s a financial inequality between the couple or simply to protect themselves in the future. Although it’s not a romantic conversation, it may be worth having this honest discussion before marriage depending on your financial situation and relationship history.

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The Financial Gym Team
Why Interest Rates are Dropping and What You Should Do About It

Interest rates today are lower than in the recent past. This could spell good news if you’re looking to borrow money but might not be as great for your savings. A lower interest rate could mean slower growth for your personal savings, which can negatively affect your financial planning timeline. 

When navigating changes in interest rates, many people look for new and different ways to save. You’ve worked hard for your money, so don’t let dropping interest rates stop you from making the most of it. Not sure how to save money with interest rates today? You’ve got options.

Before we get started, let’s clear up what exactly federal interest rates are and how they affect high-yield savings accounts. 

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The Financial Gym Team
4 Ways to Overcome Imposter Syndrome

Have you heard of imposter syndrome? If you haven’t yet, there’s a good chance you have experienced it. It’s the scientific name for that dreaded feeling of not being good enough when you are about to achieve a goal or do something great for yourself. It’s the doubt that a person has on their capabilities, oftentimes feeling like they are a fake and that at any given time someone will expose them as a fraud. 

The International Journal of Behavioral Science reported that 70% of people experience at least one episode of imposter syndrome in their lifetime. The pattern occurs among high-achievers and women. The condition can get serious, and the self-doubt that can occur due to the condition can really affect a person amid crucial moments in their life. 

Given that you’re reading this post and are learning how to be financially fit, you’re likely already making some big financial decisions. Overcoming Imposter Syndrome is essential in reaching your money goals — here’s how. 

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The Financial Gym Team
Tanda and eMoneyPool: How a Savings Cohort Works and Where to Find Them

We all have big expenses that our personal savings won’t cover. Between occasions like saving for a friend’s wedding, vacations, new cars, and home renovations life can get expensive. What if you could pool your personal savings with a group of people and take turns spending the larger pot of money? 

With a savings cohort, or app like eMoneyPool, you can. Also known as a “Tanda” or “Susu”, group rotating savings funds make otherwise impossible expenses doable. It’s easy to get started if you understand how a savings cohort works and how to join. 

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The Financial Gym Team
How to Organize Your Finances at Home

There are many facets to being financially responsible, from spending within your means to managing debt to saving for your future. But there’s one area that’s crucial to set the foundation for managing your personal finances, and that’s keeping your financial records organized.

Whether you need to hunt down a receipt for a major purchase or need a utility bill to show proof of residency, there are times you’ll need to locate a financial document in a hurry. By organizing financial records ahead of time, you can find whatever documents you need exactly when you need them. 

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The Financial Gym Team
Are Self Credit Builder Accounts Worth It?

Are you looking to improve your credit? You’re in good company, though many people aren’t sure how to start. One legitimate way to kickstart your credit is a Self account (formerly known as Self Lender), which are available in the form of a credit-building loan, secured credit card or secured loan. 

Before getting started with your Self account, make sure you understand the pros, cons, and specifics of the different kinds of accounts.

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The Financial Gym Team
7 Reasons You Might be Denied a High-Yield Savings Account

You work hard for your money, but what if your money could work for you? This idea is what motivates people to pursue investment options with their savings, one of the most secure being a high-yield savings account. 

Selecting a high-yield savings account allows investors the chance to earn some interest with very little risk. If you’re denied a high-yield savings account, the reason could be anything from a problem in your ChexSystems report to a bank’s inability to verify your identity. 

Have you been denied from opening a high-yield savings account? Find out the most common reasons for rejection below. 

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The Financial Gym Team