Last week, the President announced that he’s suspending federal student loan interest until further notice. These federal loans include direct loans, Family Federal Education Loans, Pell Grants, Perkins Loans, and Grad Plus Loans. Unfortunately, private student loans do not qualify. At present, student loan providers are still waiting on instruction from the government on how […] The post Federal Student Loan Interest Suspension and You appeared first on Broke On Purpose ..read more

Creating fulfilling financial goals goes far beyond  saying, ” I want to pay off debt.” Or I want to build up my retirement. This year I’ve been diving deeper into the reasons why I’ve been setting particular financial goals and getting clear on the true “why” behind them. I no longer have a desire to […] The post How to Create Fulfilling Financial Goals appeared first on Broke On Purpose ..read more

This post is sponsored by VIPKID. All opinions are my own. I don’t like the phrase “side hustle.” There, I said it. I’ve finally come clean. I cringe whenever I hear it, and here’s why. Side hustles are no longer just a way for people to make extra money. They’ve become such a regular piece […] The post How To Fall Back In Love With Your Side Hustle appeared first on Broke On Purpose ..read more

How would you describe your finances? Are they in shambles, are you Aimlessly Broke, consistently working on them, or are you a financial rockstar? No matter where you currently sit, your financial picture is continually evolving. When it came to my finances, I fell into two categories. I was either Aimlessly Broke™ or Broke on […] The post How Make the Change from Being Aimlessly Broke appeared first on Broke On Purpose ..read more

Did you know that you could reverse engineer your way to meeting your financial goals? Starting anything new can be scary. When you start something new that concerns your finances, it can be downright terrifying! I remember when I first tried to come up with a plan for how I was going to start paying […] The post How to Reverse Engineer Your Way Towards Meeting Your Financial Goals appeared first on Broke On Purpose ..read more

Your student loan interest grows every single day. Believe it or not, almost everyone you meet will have a story to tell about student loans, be it from their own experience or one they heard from family or friends. Understanding how student loan interest works and how it can be detrimental if you aren’t careful […] The post How to Reduce Your Accrued Student Loan Interest appeared first on Broke On Purpose ..read more

We all want to save more money or at least strive to build a positive habit of saving money. This reason is why the 52 Week Savings Challenge that typically pops up around this time of year is so enticing. It gives those who have never been consistent with their savings before a new and […] The post 52 Week Money Savings Challenge Pros and Cons appeared first on Broke On Purpose ..read more

Everyone has thought about quitting on their financial goals. I don’t have enough fingers to count all the times I told myself that this year was going to be my year when it came to getting my finances together. Yet every year like clockwork, I would start with a bang, and then before you knew […] The post Five Action Steps to Take Before Quitting on Your Finances appeared first on Broke On Purpose ..read more

In my 30+ years on this earth, I don’t know why I’m always surprised when my plans don’t go as expected. Yet, time after time, I’m still in awe of life just happening despite my best efforts at planning and preparation. This week on Instagram, I launched a series called Scary Money Moments. I came […] The post When Plans Don’t Go as Expected appeared first on Broke On Purpose ..read more

Your personality determines your most effective money management style. I remember applying for a server position at Applebee’s and having to take a personality test. It was my first time taking a test like that for a job, and so I answered all the questions honestly. Not surprisingly, I failed. In my opinion, the test… The post What’s You Money Management Style? appeared first on Broke On Purpose ..read more