Becoming a first time investor has become pretty popular in recent years! According to the 2021 CNBC/Momentive’s Invest In You Poll, 59% of respondents aged 18-34 years old began investing in 2020.   And 57% of those 18-34 year olds reported using self-service mobile apps to invest. Why? Probably because investment apps make it relatively cheap and easy to start investing as a beginner – even if you don’t know much about the stock market. Investing apps also make it possible to put investing on auto-pilot so you can reach your financial goals without having to constantly monitor the ..read more

Let’s be real: Investing in the stock market as a beginner can be… tricky. But it’s also one of the best ways to build wealth–especially if you start when you’re young!  So, if the idea of using an investing app like Acorns is exciting to you, we completely understand! The Acorns app makes it easy to start investing with very little money and a basic understanding of how the stock market works. But… It’s also not your only option for a beginner-friendly investing app. That’s why, in this Acorns review, we’ll be helping you decide whether you want to use Acorns to invest by looking at: Ho ..read more

Let’s be honest. Sticking to a budget is NOT easy or fun – especially if you’re a college student or fresh graduate on a low income. But having a budget is one of the best ways to pull yourself out of a poor financial situation and set yourself up for financial security down the line.  Well… it can be. But only if you know how to develop a realistic budget for yourself. Do you know how to do that? If you’re currently shaking your head thinking “NO”, don’t worry. We got you! Source In this blog post, we’re gonna teach you how to budget money on a low income by sharing our favorite budgeti ..read more

Tired of the broke college student stereotype? Well, these days, in the glorious age of the internet… your options for making money are practically endless. Well, maybe not endless.  But, there are at least 39 potential online jobs for college students that can have you making GOOD money – without needing to add too much pressure to your already busy college schedule!  And, in this guide, we’re going to look at what each of those online jobs entails, how much money you can make, where to look for work online, and where you can find more information to get started ASAP.   A ..read more

How bad is the student loan debt crisis? Pretty bad… In 2022, there’s over $1.7 trillion in outstanding student loan debt! But what does that number actually mean? How does it affect student loan borrowers? And what other student loan debt statistics and facts should you know in 2022? Those are all important questions – especially if you’ll soon need to take out a student loan or begin paying off your student loan debt!   To help you out, in this blog post, we’ll share the most important facts and figures that reflect topics like: How many people currently have student loan debt Wh ..read more

You don’t need to be an investing pro to see it. Recently, the stock market has been struggling hard. People have lost a lot of money as a result. And it doesn’t look like things are gonna change anytime soon. Now, to the real investing pros, this is all normal. But, as someone in college who’s new to investing, you may be wondering… Is now a good time to invest in the stock market?  Well, if you only focus on how much money people are losing, the answer would probably be ‘No’.  BUT… the truth is that right now is actually one of the best times for you to start investing. And, in th ..read more

Winning a scholarship is a fantastic feeling! We mean… who doesn’t like to be officially rewarded for their hard work, win free money, and avoid some annoying post-college debt? So, if you’ve just received an email or phone call about winning a scholarship, congratulations! But what are you supposed to do now? How do you make sure the money goes to the right place?  Good questions – because there are a few required steps that all scholarship winners must take. And this post is gonna walk you through each one so you can access your scholarship funds and get back to celebrating (or applying ..read more

Are you on a tight budget? Do you already know that when the national pause on student loan payments ends you’ll be faced with monthly payments you can’t afford? Want a solution that leads to affordable payments and potentially even student loan forgiveness? Well, then you’ll probably want to enroll in one of the income-driven repayment plans! These repayment plans are available to all federal student loan borrowers and base the amount of your monthly payments on your income level. In other words, if you’re not making enough at work to afford paying hundreds of dollars every month toward your ..read more

Make no mistake about it. The student loan debt crisis has been out of control for a long time. So, if you are one of the 42 million Americans who have student loan debt, you’re understandably watching what President Biden is doing to address this issue.  During his first day in office, President Joe Biden signed an executive order to extend the pause on federal student loan payments to September 30, 2021 (Update: the pause on payments is now extended through August 2022). But you probably also remember that, during the campaign trail, the idea of canceling or forgiving student loan debt ..read more

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