The Financially Free Blog
Is Moving to A Cheaper Place Worth It?
With rent prices up about 30% compared to pre-pandemic, moving to a place with cheaper rent sounds like a great way to save money. In some cases, a move can pay off, but moving is also expensive, and the costs associated with it (along with extra hidden monthly costs) mean you might be saving less than you thought—or it could even mean that you end up paying more! To figure out whether moving will actually put money back in your pocket, make sure you consider these expenses.
How to Budget on Variable Income
In many industries, variable income is a common occurrence. You could be in the hospitality industry earning tips as your primary source of income or in real estate earning commission. Having variable income that is either inconsistent in payment amount or inconsistent in when you’re paid requires a system and planning ahead.
3 Reasons Why You Need to Stop Freaking Out About Your Credit Score
There’s a lot of mystery around credit scores, and while credit scores do matter in certain situations, most of the time, you can and should stop freaking out about your credit score.
6 Options for Affordable Mental Health Care
When you’re struggling with your mental health, dealing with your finances feels exponentially more difficult. If you feel anxious about your debt, you may avoid opening bills and rack up late payments. Ironically, even though mental health challenges can make it harder to address financial issues, the expense of getting mental can be a barrier in and of itself. If cost is standing in your way of getting therapy or other mental health care, consider these options.
5 Ways to Get the Most Out of A Money Windfall
Whether you’ve just found out Grandma Betty died and left you a sum of money, or you got a huge bonus or miraculously won the lotto, you’re probably wondering one thing: What’s the best way to use your newfound wealth? There are no shortage of ways to spend money but without having a plan, you can easily stick to where you’re at or be more worse off than you were before the windfall.