Secure The Bag
“I drive a nice car. People assume my husband bought it for me.”
What’s the best way to think about money? And how do you transition from saving to investing? We heard from readers and experts about how to make your money work for you.
Closing out student loans should only have a minor impact on your credit score, but it can be more noticeable if you don’t have a good mix of other credit accounts, experts said.
“If you need money to go date six different people in your city, and you can’t have guests at your house, so every date requires a restaurant and a hotel room, that requires some money.”
Though many Gen Z adults still prefer other forms of payment over credit cards, companies are launching new credit card programs that incentivize young people to use credit cards for their rent and other large expenses.
Layoffs at some of the country’s most prestigious companies are the latest sign that no one’s job is ever really safe.
Consider switching to other forms of payment, tracking and adjusting your spending, budgeting for things you enjoy, and seeking your friends’ support to stick with a repayment plan.
It can feel so silly to try to save for the distant future in times like this, but everyone tells you to never touch your retirement savings.
So. Much. Pressure.
Record housing prices and rapidly rising interest rates have many people questioning the value and viability of homeownership: “We’re just house poor now."
“I'm genuinely not sure if I should be saving for retirement or if we're all gonna burn out before then.”
“When I made the final payment, I actually felt shame. I should be happy, but it seems like a lot of my cohort paid theirs off like a decade or more ago?"
I love experimenting with style, but hate how much clothing I end up getting rid of. By renting and returning a few things each month, I think I can have it both ways.
People may be telling you to pay off debts now and dust off your résumé. Here’s what they’re actually bracing you for.
“Ask your other peers what they make — especially your male ones.”
“I don't know anyone in their twenties who has the savings for a down payment without family help.”
From an early age, I've lived in two different financial realities. And I've learned that it’s a lot easier to get used to having money than to not having it.
I've spent thousands of dollars trying to get pregnant, and will spend many thousands more on my surrogate. And there's still no guarantee of a baby.
"At what point does it feel like you're buying a baby?"
I used my EBT card because I needed the help, but the stigma around food stamps made the process humiliating.
After getting divorced, being back in total control of my money was a relief. Now, my new husband and I are learning how to plan — together — for something better than the worst-case scenario.