The Financially Free Blog
Message from the CEO: Summertime
Until last year, we closed the Gym for one week in the summertime which was easier when we just had 400 clients and 8 full-time employees. This summer, we’re fast approaching 2,500 clients with 22 full-time employees so closing the Gym is no longer an option.
5 Items You Should Automate ASAP
There are countless money management tips online that may or may not work for you. Some are super hands-on with spreadsheets to help you manually track money going in and out of your checking account, while others are much more simpler.
If you find yourself too busy to get a handle on your budget, a “set it and forget it” approach might be a fit for you. One of the best ways to save money and reach your financial goals is by automating your finances.
Here are the five basic money areas to automate starting today.
5 Ways to Celebrate the Fourth of July on the Cheap
Summer is here and the Fourth of July is just around the corner. It’s exciting to get a day off in the middle of the week and take some time to celebrate our freedom. The fourth of July can be a time of fun and festivities but if you’re not careful, it can add up quick. Here are some budget-friendly ideas for celebrating the Fourth of July on the cheap.
5 Fave Cash Back Apps for Savings On-The-Go
Although the act of clipping Sunday mailer coupons has a therapeutic quality to it, it’s no longer the most efficient way to cut costs at the register. And as more shoppers rely on their smartphone to help make life easier, consumers are leveraging cash back apps as a way to fast-track savings on everyday purchases.
The key to making this savings strategy work is ensuring you’re not buying more than you intended just to get cash back — in this scenario, you’re actually taking your savings in the opposite direction.
If you can use these apps wisely and already plan on making certain purchases, earning cash back on those transactions is a no-brainer. Here are today’s best cash back apps for busy, but frugal, shoppers.
How to enjoy the summer on a budget
As the summer season is in full effect, it’s time to enjoy and have some fun. Summer seems to pass by so fast, so you want to get the most out of it and live and love life. All of that fun can come at a cost, though. Luckily, there are ways you can enjoy the summer on a budget. Here are eight ways to have fun in the summer without breaking the bank.
7 Graduation Gifts for the New Grad In Your Life
Every May and June, graduates across the country leave their old college life behind to begin a new chapter of adulthood. It’s an exciting time full of lots of transitions. To congratulate the graduate in your life for all of their hard work, you want to get them something to commemorate the beginning of their new life. Here are seven graduation gifts to consider for the new grad in your life.
5 Affordable Father's Day Gifts
Father’s day is around the corner. You know you want to get a gift for the dad in your life, whether biological or not, but don’t want to spend too much. What gifts can you give that show that you care but won’t cost you a pretty penny but also won’t look cheap? We’ve got you covered with these five affordable father’s day gifts.
What Your FICO Score Is Made Up Of
As an adult, your credit score plays a huge role in your life. It can lead to better interest rates, can help you get approved for an apartment and mean the difference between getting a loan or not. The most common credit score is the FICO credit score. But what actually makes up your FICO credit score? Read on to learn more.
Financial Literacy: Paying it Forward
All of us have a financial story that is influenced by our childhood. That story can lead to overspending and mismanaging money — and if we're honest, it's tough to break. Financial Gym client, Rebecca, is working with us to ditch her spending habits after a childhood in poverty and learning how to keep the money she makes. Not only that, she's now paying it forward to others in her community. Read on to learn more.
6 Ways to Protect Your Privacy Online and Secure Your Financial Data
It seems like every month there’s news of a new data breach. The risk of identity theft and fraud are high. So what can you do to protect your privacy online and secure your financial data? Here are six tips for more personal information security.
Understanding Your Employee Benefits
Whether you’re just starting out at a job or have been there a while, there’s one thing that you should know: your employee benefits. Your employee benefits add so much value to your compensation. But if you don’t understand your employee benefits, you might not get the most out of what they offer. Here’s a quick guide to understanding your benefits at work.
How I Meal Prep for Less Than $45 a Week
I am an avid home cook that enjoys baking, hosting dinner parties and of course meal prepping. I have always prepped most of my breakfasts, lunches, post-workout snacks, and dinners so that I could enjoy one too many cocktails on the weekend and brunch with friends.
5 Tips for Debt Management
Do you feel like you’re over your head in debt? You’re not alone. It’s easy to be in denial about how much debt you’re in or feel overwhelmed with the process. While paying off debt isn’t easy, it is possible. Here are five tips for debt management.
5 Tips to Getting Your SO On Board with Your Financially Fit Journey
You’ve finally had enough of being broke and overspending and are ready to get financially fit. There’s just one problem. Bae isn’t on board. Let’s be real, getting financially fit requires some changes and when you must do things differently, not everyone in life will be as thrilled about it as you. But your relationship can have a huge impact on your journey so how do you get your SO on board? Here are five tips for getting your significant other on board with your financially fit journey.
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.
Message from the CEO: Mental Health
In case you didn’t know, May is Mental Health Awareness Month. I think it’s interesting that it falls the month after Financial Literacy Month because there is such a strong connection between the two; and I never truly saw just how much until I experienced it firsthand last year.
4 Ways I Am Now More Financially Confident
Kathryn J. has been a Financial Gym client for 1 year. She lives in Pittsburgh and loves gaming with friends, writing, and ceramics.
How to Help Your Elderly Parents
Let’s face it, you’re not getting any younger. And neither are your parents. At this point, they’re getting up there and you’re starting to worry about their finances and security. What will happen to them? What do you need to do to make sure they have a plan in place for their finances? It can be tough to think about but taking action now and having a conversation now can help everyone. Here’s how to help your elderly parents to get their finances and care in order.
The Difference between a Savings and a CD Account
When you’re ready to get fit, you start working out, trying to find the best equipment that gets you the most bang for your buck. What will really get you looking like J. Lo who seems to defy age? Similarly, when it’s time to get financially fit you want to find the right tools to help grow your assets and that starts with saving. There are two different tools that can help you stash your cash: savings accounts and CD accounts. Read on to learn more about these two options and decide what is best for you.
What My Quarterly Weigh-In Was Like
Our client Keeley shares about her initial fears for her first quarterly review and what she’s accomplished in her first 3 months as a client at The Gym. She’s upped her emergency fund and also budgets for fun money since we want you to keep living your best life! Great job Keeley!