After taking part in the Road to Financial Wellnesswith Jason and the Phroogal team last week, something occurred to me – I haven’t talked much about being open about personal finance.
What does being open about money mean? Well, I’m not encouraging you to complain to friends all of the time that you’re broke. I’m also not telling you to go around telling everyone in your office how much you make per hour (apparently management looks down on that….hmmmm….).
But the question gets a little hazy from there. What is okay to talk about with friends and family, and what isn’t….and more importantly – why??
Why are we so secretive about our well-being or struggles with money? What’s keeping us from conversing with others about that area of our lives?
I think there are a few reasons that might explain this phenomenon.
I’ve been getting some questions lately about whether or not the 0.25% interest rate deduction some student loan companies offer when you sign up for automatic payments is worth it. I’m sure there are more of you with the same question, so here it is.
While I love the idea of making personal finance “easier” through automation, I am not a fan of automating certain bills. One of them being student loans. Continue reading →
Before I was fully committed to this whole “getting out of debt” thing, I was really flying by the seat of my pants when it came to tracking my monthly bills. I hadn’t even written a list of each months payments until a few months ago. Continue reading →