#finances ///

[lucky-fallen-angel]

Of course, the first thing is to see where that money is going. Do that, then all of the above. Most plans will let you set up for when your “retirement” will be, and will automatically put things into high risk groups when you start then slide into more stable funds. Make sure to check often.

Main thing is to look into everything before you choose. If you get something to pay for another thing, remember you will now pay it all back in one or another. Either way, check and have a way to keep it all in balance.

Generally speaking, here are the order of financial priorities:

Build an emergency savings of at least 3 months worth of living expenses

Pay down all high-interest debts, such as credit card debts

Build an emergency savings of 6 months - year worth of expenses.

Place some of your savings in a high-yield savings account (or money market fund) that you can still access easily without penalty if you need that money.

Start considering investing in something that yields a higher rate of return, but requires that you let money just *sit* in that investment for months or years at a time (CDs/bonds/index funds/a 401k [which is really just a type of index fund usually]).

Learn how to let your investments just sit without constantly looking at them or worrying about them! This is a skill that requires time, practice, and sometimes research to develop.

As your circumstances change and your familiarity and comfort with investing grows, tweak your exact investment strategy as needed. (For example, shift some money from index funds to bonds as you get older, or move CD investments to stocks as interest rates go down).

[incognitopolls]

We ask your questions so you don’t have to! Submit your questions to have them posted anonymously as polls.

[rawhoneybliss]

This summer will be a financially satisfying time for you. You won't have to worry about not having enough money. You will have more than enough money to enjoy your desired experiences. You will be able to see new and beautiful places without the burden of stressing over money. You will eat the foods you want to eat and go on all the adventures that call out to you. You will enjoy all the luxuries this summer has to offer you, and money will never be a factor. Claim it.

[study-diaries]

Study Trick That No One Told Me.

Division of subjects:

Every subject is learnt and graded in a different way. You can't use the same study techniques for every subject you have. You have mostly 3 types of subjects:

Memorization based

Practical/Question based

Theory/Essay based

Memorization based:

Mostly Biology, Sciences, Geography etc are fully based on memorization and so you'll use memory study techniques like flash cards and active recall.

Practical/Question based:

Maths, Physics, Chemistry, Accountancy etc are practice subjects. The more you do your questions and understand how a sum is done, the better you can score.

Theory/Essay based:

English, history, business studies etc are theory based. The more you write, the way you write and the keywords you use are the only things that will get you your grades. So learn the formats and the structure on how to write your answers

Note: Some subjects are a combination of the three. Like Economics etc

The reason we divide the subjects is because you can adopt the right study methods for the right subject. Like ex: business studies is mostly based on how you write your answer and the keywords, if you're gonna spend your time memorizing in this, it's a waste of time and energy.

Hope this helps :)

[pratchettquotes]

Hour after hour, it went on, with a patience that at first terrified and then bored. It was the warfare of clerks, and it harried the enemy through many columns and files. Moist could read words that weren't there, but the clerks found the numbers that weren't there, or were there twice, or were there but going the wrong way. They didn't hurry. Peel away the lies, and the truth would emerge, naked and ashamed and with nowhere else to hide.

Terry Pratchett, Going Postal

[emmastudies]

Free Intentional Spending Tracker for Notion

It's Day 8 of the 12 Days of Giving!

Track your wishlist and fill in details to help make more informed decisions regarding your purchases. Comes with an comprehensive way to categorise your wants & seeing the impact on your budgets. Whilst this has budgeting features, it's more about how you're spending and making sure those purchases are considered. Features include:

spending goals for 2024

active wishlist & watching space

detailed digital wishlist and budget impact

wishlist categorises & year budgeting

pre-populated dates with calendar view for revisiting items after "cool off period"

gift gifting ideas (by idea, rather than recipient for more intentional gifting!)

recipient database

Download Free Here

Check back in each day for a new free item! Hopefully they're all useful and a fun way to end the year 🥰🎁

[tumbler-polls]

[alessandriana]

This is your regular reminder that if you live in the US*, you should search missingmoney.com for unclaimed funds. I just found $36 from my insurance company, and over the years I've found literal thousands of dollars that friends and family had forgotten or never known about.

The site is run by the National Association of Unclaimed Property Administrators (NAUPA). Here's an article about it (and several other links for places to look for forgotten cash):

Want some cash? Here are five places to look for unclaimed money (free WaPo link)

Using the site is entirely free, and if you ever get asked to pay money to recover unclaimed funds, it's a scam!

*or Alberta, Canada, but not Hawaii or Georgia

[lavendercoins]

[catbatart]

Now that student loans are starting back up-

(The following is absolutely not art related at all)

Hey guys! Posting this here because I find it important-

Money is super scary shit and can cause a lot of anxiety, but please please for the love of god-

Do not avoid looking at your finances.

I cannot stress this enough. I'm in no real position to give any meaningful advice other than that. Keeping an eye on your finances and looking at them at least once a week will help break the cycle of money avoidance.

I spent most of my life being super money avoidant due to how I was raised and it caused me to get into a really rough patch because I straight up missed nearly a year of student loan payments. It very nearly fucked over my whole financial life. Thankfully it has a happy ending- I paid off my loans in 2019 and have effectively repaired my credit score (after a lot of work.)

I am currently helping some family members budget for student debt repayments because I had both fucked around and found out, so I'm trying to use that recovery and lessons learned to help the people in my life.

Please please please keep up to date with your own finances. Budget (it's honestly really easy even though it sounds intimidating.) Gamify it if you gotta. Just be sure you are looking at your account and are aware of your money situation at all times.

[retrogamingblog2]

[ut-girl666]

Financial HCs for the G1 Transformers!

This is for the part all pre/post-war, but I still thought it was funny.

Optimus

Op is pretty responsible, and was decently stable. Not super stable, but not frequently worrying about food or anything kind of unstable. The only thing he’s bad at budgeting is when it comes to purchasing interface amenities.

Elita

Elita’s like Optimus, pretty responsible and stable. Again, only irresponsible with interface amenities, and hers is usually on restraints and collars, compared to his more on toys and other items. Usually Optimus is the one who spends more at a store floating around, where she’s in and out with exactly what she needed/wanted.

Jazz

For being a career criminal who stole money for a living pre-war, he’s not the best at budgeting. He sees one thing that he thinks he should get Prowl, and all responsibility goes out the window. So pre-war, he’s neither financially stable nor responsible, and is only stable post-war bc he’s got Prowl around and pretty much everyone is pretty stable.

Prowl

Prowl is stable, but isn’t super good at budgeting at first, even though Barricade taught him how to do it properly. Ultimately he gets better eventually, and by FOP he’s really good at taxes. And post-war he’s the one doing them (bc Jazz commits tax evasion on the regular-).

Starscream

Starscream is incredibly financially stable, and responsible. He is a prince born into old money, and when he went to the science academy he was cut off and forced to budget a small allowance every month, so he learned very fast how to properly manage money.

He does taxes (tax him more, for all he cares. He loves taxes), he is very cost aware and efficient (this does not mean he’s cutting corners, he’s just well aware of what he’s spending, and how it will affect him later down the line, when he gets things.), and is not typically known for blowing his money for fun. Sometimes he’s a small spending mood, most of the time he’s pretty stingy with anything >10-20$.

Megatron and Soundwave

These two have no sense of financial responsibility. Combined they have less than 50¢, and Starscream is betting the approximate number is 42¢.

They’re both broke, and don’t know how to handle any amount of money. Star can barely give them a 20$ bill without them immediately sending it down the drain, they’re that bad.

[incognitopolls]

We ask your questions so you don’t have to! Submit your questions to have them posted anonymously as polls.

[rawhoneybliss]

This is your sign. You will manifest the money you need to meet your monetary needs and make your desired shifts in life. The money is on its way to you, and quicker than you think. Give thanks for its arrival now.

[marisashorror]

Im trying to be a little more thrifty lately. Just the usual like not ordering food, getting rid of gym membership, using what's in my fridge, doing a budget etc...

If anyone else has tips on saving/cost cutting in day to day life I'd love to hear it. Food related especially.

I'll be trying to pay down my small debts before I handle the behemoth of my student loan debt, as well as save up an emergency fund for myself. I have two jobs and one passive source of income (inprnt) but any additional ideas are welcome.