#personal finance

[bitchesgetriches]

[worshipmads]

Using men in whatever way you want is the best feeling ever.

[softlyfiercely]

DO NOT VOLUNTEER TO BE A CO-SIGNER OR GUARANTOR FOR SOMEONE ON TUMBLR.

I just saw a 'mutual aid' post going around where instead of asking for donations, the person was asking someone to be a "guarantor" - also known as a "co-signer" - for their rent.

DO NOT DO THIS.

I am all for mutual aid. I think credit scores are a scam designed to fuck poor people. I get it. I do. BUT. Being a guarantor/co-signer for someone basically means that if they don't pay what they owe, for whatever reason, their landlord, bank, creditors, etc. can and will come after you for the full amount.

It seems like such an easy way to help someone. You don't need to pay any money, just lend them your name and good reputation so they can get permission to borrow and spend their own money. It feels like you're getting one over on the shitty capitalist system and using your privilege of good credit/income to help someone else.

But it is a HUGE risk. Do not do this. All it does is give that shitty system more ways to get their hooks into you and create tons of problems for you down the line.

You can really fuck yourself over in the long run by getting tangled up in a financial situation like this. Even co-signing for someone in your life who you trust, like a sibling or a parent, can be really risky. No matter how much you trust someone not to purposefully leave you holding the bag, now you're on the hook if they end up with financial problems neither of you anticipated.

Do not co-sign for another person's loan, car, rent, etc. unless you are able and prepared to pay the full amount or subject yourself to the mercy of whatever that person gets themselves into.

ESPECIALLY do not do this for someone on the internet, where scams are rife. Do not share your personal information with people online and NEVER allow someone else to use your personal information for their finances.

Here is an article with more information.

[incognitopolls]

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

[honeytonedhottie]

financial literacy⋆.ೃ࿔*:･✍🏽🎀

so i released a poll if you guys would like a post on financial literacy and the results are here. so im gonna share some things that i learned while taking a financial literacy course…💬🎀

WHAT IS FINANCIAL LITERACY ;

financial literacy is handling ur money wisely. the google definition of financial literacy is the ability to understand and apply different financial skills effectively, including personal financial management, budgeting, and saving.

ALL ABOUT BUDGETING ;

when u hear the word "budget" its rly easy to think "omg limiting belief" or think of it in a negative light but a budget is just a plan on how u manage ur money. its not always constrictive and negative like u may or may not think of it to be.

budgeting : keeping track of how much $ ur bringing in and how much ur spending…💬🎀

planning a budget is ez pz. you can use some paper and sparkly pink gel pens to create an adorable budget, or u can download different sheets online and just have your budget digitally. theres a plethora of resources out there so just choose whichever is easier for u.

something else that i learned about during this course was the 50:30:20 rule. its called the 50:30:20 rule because 50% of ur money goes towards ur needs, 30% goes towards wants and 20% goes towards ur savings. and this isnt concrete, its just a good framework and u can adjust to ur own specific needs and goals.

for example if u manifested $4000. ur 50% would be $2000, ur 30% would be $1200 and ur 20% would be $800…💬🎀

HOW DO U KNOW WHAT UR NEEDS/WANTS ARE ;

things like ur rent and groceries are ur needs and things like vacations and going out with ur girls are wants. and to apply the 50:30:20 rule you first have to...

♡ calculate ur needs, wants and savings budget

♡ compare ur expenses to ur budget

the way u do this is to subtract your expenses from your budget. this is your budget balance. if your budget balance is zero or positive, that means you are living within your means and have some extra money. if your budget balance is negative, that means you are spending more than you should and may have a budgeting problem.

let me know if u guys want more content about this cuz i had a lot of fun writing this…💬🎀

[mostlysignssomeportents]

Shifting $677m from the banks to the people, every year, forever

I'll be in TUCSON, AZ from November 8-10: I'm the GUEST OF HONOR at the TUSCON SCIENCE FICTION CONVENTION.

"Switching costs" are one of the great underappreciated evils in our world: the more it costs you to change from one product or service to another, the worse the vendor, provider, or service you're using today can treat you without risking your business.

Businesses set out to keep switching costs as high as possible. Literally. Mark Zuckerberg's capos send him memos chortling about how Facebook's new photos feature will punish anyone who leaves for a rival service with the loss of all their family photos – meaning Zuck can torment those users for profit and they'll still stick around so long as the abuse is less bad than the loss of all their cherished memories:

https://www.eff.org/deeplinks/2021/08/facebooks-secret-war-switching-costs

It's often hard to quantify switching costs. We can tell when they're high, say, if your landlord ties your internet service to your lease (splitting the profits with a shitty ISP that overcharges and underdelivers), the switching cost of getting a new internet provider is the cost of moving house. We can tell when they're low, too: you can switch from one podcatcher program to another just by exporting your list of subscriptions from the old one and importing it into the new one:

https://pluralistic.net/2024/10/16/keep-it-really-simple-stupid/#read-receipts-are-you-kidding-me-seriously-fuck-that-noise

But sometimes, economists can get a rough idea of the dollar value of high switching costs. For example, a group of economists working for the Consumer Finance Protection Bureau calculated that the hassle of changing banks is costing Americans at least $677m per year (see page 526):

https://files.consumerfinance.gov/f/documents/cfpb_personal-financial-data-rights-final-rule_2024-10.pdf

The CFPB economists used a very conservative methodology, so the number is likely higher, but let's stick with that figure for now. The switching costs of changing banks – determining which bank has the best deal for you, then transfering over your account histories, cards, payees, and automated bill payments – are costing everyday Americans more than half a billion dollars, every year.

Now, the CFPB wasn't gathering this data just to make you mad. They wanted to do something about all this money – to find a way to lower switching costs, and, in so doing, transfer all that money from bank shareholders and executives to the American public.

And that's just what they did. A newly finalized Personal Financial Data Rights rule will allow you to authorize third parties – other banks, comparison shopping sites, brokers, anyone who offers you a better deal, or help you find one – to request your account data from your bank. Your bank will be required to provide that data.

I loved this rule when they first proposed it:

https://pluralistic.net/2024/06/10/getting-things-done/#deliverism

And I like the final rule even better. They've really nailed this one, even down to the fine-grained details where interop wonks like me get very deep into the weeds. For example, a thorny problem with interop rules like this one is "who gets to decide how the interoperability works?" Where will the data-formats come from? How will we know they're fit for purpose?

This is a super-hard problem. If we put the monopolies whose power we're trying to undermine in charge of this, they can easily cheat by delivering data in uselessly obfuscated formats. For example, when I used California's privacy law to force Mailchimp to provide list of all the mailing lists I've been signed up for without my permission, they sent me thousands of folders containing more than 5,900 spreadsheets listing their internal serial numbers for the lists I'm on, with no way to find out what these lists are called or how to get off of them:

https://pluralistic.net/2024/07/22/degoogled/#kafka-as-a-service

So if we're not going to let the companies decide on data formats, who should be in charge of this? One possibility is to require the use of a standard, but again, which standard? We can ask a standards body to make a new standard, which they're often very good at, but not when the stakes are high like this. Standards bodies are very weak institutions that large companies are very good at capturing:

https://pluralistic.net/2023/04/30/weak-institutions/

Here's how the CFPB solved this: they listed out the characteristics of a good standards body, listed out the data types that the standard would have to encompass, and then told banks that so long as they used a standard from a good standards body that covered all the data-types, they'd be in the clear.

Once the rule is in effect, you'll be able to go to a comparison shopping site and authorize it to go to your bank for your transaction history, and then tell you which bank – out of all the banks in America – will pay you the most for your deposits and charge you the least for your debts. Then, after you open a new account, you can authorize the new bank to go back to your old bank and get all your data: payees, scheduled payments, payment history, all of it. Switching banks will be as easy as switching mobile phone carriers – just a few clicks and a few minutes' work to get your old number working on a phone with a new provider.

This will save Americans at least $677 million, every year. Which is to say, it will cost the banks at least $670 million every year.

Naturally, America's largest banks are suing to block the rule:

https://www.americanbanker.com/news/cfpbs-open-banking-rule-faces-suit-from-bank-policy-institute

Of course, the banks claim that they're only suing to protect you, and the $677m annual transfer from their investors to the public has nothing to do with it. The banks claim to be worried about bank-fraud, which is a real thing that we should be worried about. They say that an interoperability rule could make it easier for scammers to get at your data and even transfer your account to a sleazy fly-by-night operation without your consent. This is also true!

It is obviously true that a bad interop rule would be bad. But it doesn't follow that every interop rule is bad, or that it's impossible to make a good one. The CFPB has made a very good one.

For starters, you can't just authorize anyone to get your data. Eligible third parties have to meet stringent criteria and vetting. These third parties are only allowed to ask for the narrowest slice of your data needed to perform the task you've set for them. They aren't allowed to use that data for anything else, and as soon as they've finished, they must delete your data. You can also revoke their access to your data at any time, for any reason, with one click – none of this "call a customer service rep and wait on hold" nonsense.

What's more, if your bank has any doubts about a request for your data, they are empowered to (temporarily) refuse to provide it, until they confirm with you that everything is on the up-and-up.

I wrote about the lawsuit this week for @eff@mastodon.social's Deeplinks blog:

https://www.eff.org/deeplinks/2024/10/no-matter-what-bank-says-its-your-money-your-data-and-your-choice

In that article, I point out the tedious, obvious ruses of securitywashing and privacywashing, where a company insists that its most abusive, exploitative, invasive conduct can't be challenged because that would expose their customers to security and privacy risks. This is such bullshit.

It's bullshit when printer companies say they can't let you use third party ink – for your own good:

https://arstechnica.com/gadgets/2024/01/hp-ceo-blocking-third-party-ink-from-printers-fights-viruses/

It's bullshit when car companies say they can't let you use third party mechanics – for your own good:

https://pluralistic.net/2020/09/03/rip-david-graeber/#rolling-surveillance-platforms

It's bullshit when Apple says they can't let you use third party app stores – for your own good:

https://www.eff.org/document/letter-bruce-schneier-senate-judiciary-regarding-app-store-security

It's bullshit when Facebook says you can't independently monitor the paid disinformation in your feed – for your own good:

https://pluralistic.net/2021/08/05/comprehensive-sex-ed/#quis-custodiet-ipsos-zuck

And it's bullshit when the banks say you can't change to a bank that charges you less, and pays you more – for your own good.

CFPB boss Rohit Chopra is part of a cohort of Biden enforcers who've hit upon a devastatingly effective tactic for fighting corporate power: they read the law and found out what they're allowed to do, and then did it:

https://pluralistic.net/2023/10/23/getting-stuff-done/#praxis

The CFPB was created in 2010 with the passage of the Consumer Financial Protection Act, which specifically empowers the CFPB to make this kind of data-sharing rule. Back when the CFPA was in Congress, the banks howled about this rule, whining that they were being forced to share their data with their competitors.

But your account data isn't your bank's data. It's your data. And the CFPB is gonna let you have it, and they're gonna save you and your fellow Americans at least $677m/year – forever.

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/11/01/bankshot/#personal-financial-data-rights

[nyancrimew]

the cool thing they don't tell you about credit card debt is that if you just ignore it you functionally have unlimited money

⚠️ DON'T TRY THIS AT HOME

[femmefatalevibe]

Any tips on saving money?

Track your income/expenses. Knowing your monthly cash flow + essential and discretionary spending is the only sound starting point toward setting your financial goals.

Evaluate your non-essential spending habits. Consider where this money is going, and whether these expenses add value/are necessary to your life (pleasure or peace of mind is an acceptable "necessity" if you're living within your means to be clear!).

Determine the money you have left over after you cover your essential expenses and most fulfill discretionary expenses. This amount is your "saving/investment" money.

Divide your leftover amount into 3 categories: Emergency fund, goal-oriented savings (like buying a desired luxury item/furniture, a down payment on a house, a vacation, etc.), and investments.

Put your savings in a high-yield savings account. If possible, have different accounts for each purpose, especially your emergency fund and savings for future purposes. You can also get a CD for a long-term savings goal.

Put your investments (in the USA at least) in the following buckets: Roth IRA (max it out), ALWAYS take your employer's full 401k match, HSA (if you have a high-deductible health insurance plan), and S&P 500 index funds/other evergreen mutual funds + blue-chip stocks.

Purchase fewer, higher-quality items. Know the sales seasons for each product category and shop around this calendar (down to the produce items in season). If possible, rent items when it makes sense.

Only say "yes" to plans/financial obligations that add value/pleasure to your life. Don't let yourself feel shortchanged financially or emotionally. It's never worth it, honestly.

Invest in your physical, mental, and financial health first. This can mean something different for everyone but it's important!

**I'm not a professional, just another young woman on the internet, so please take this advice accordingly. Please meet with a financial advisor/CPA for formal advice and personal financial planning.

Hope this helps xx

[wildhannimal]

Before you pay that not-covered hospital bill:

I want to take a min to spread awareness for the No Surprises Act after noticing a reddit post earlier.

This protection for patients just popped up in the past couple years, and the one major downside is that it's up to the patients to speak up to make use of it, but not everyone knows what it is.

"If you have private health insurance, these new protections ban the most common types of surprise bills. If you’re uninsured or you decide not to use your health insurance for a service, under these protections, you can often get a good faith estimate of the cost of your care up front, before your visit."

Consumer fact sheet

Typically, health insurance companies will help pay for bills from "in-network" providers, AKA their VIP inner circle gang turf. They won't help pay if you get medical care from another gang's henchmen (out of network).

This means that sometimes, a person would go to the hospital, which they knew had been covered by their insurance before, so they expect it's going to be relatively affordable. But they didn't know that multiple medical "gangs" were working in the same hospital. Their anesthesiologist, for example, was from a different gang. That specialist was out of network even though the surgeon and nurses were all in network.

Boom. Big bill for thousands of dollars and their insurance refuses to help pay it.

But now we have this law! The No Surprises Act means that insurance companies need to cover "surprise" expenses (under certain conditions).

If you don't have health insurance, hospitals and clinics need to give you an accurate quote before you get services, then foot the bill if they were too far off the mark.

The Fact Sheet section (UPDATE: this consumer toolkit link is better) of the Centers for Medicare and Medicaid services have some wonderful user-friendly resources for you about health insurance and how this act works.

Keep in mind that Medicare and government-run programs always have weird rules for everything, so you might have different (yet similar) protections through those programs.

If you have a medical bill that wasn't covered by insurance and you think it might count as a surprise bill, please check out your rights and consider fighting it instead of letting it become a stressful expense or debt you can't repay.

Go here to start figuring things out for your situation:

Health insurance companies have way, waaaaay too much power over our lives. We need every drop of protection we can get - but it only counts as much as we can understand and use those protections!

[cleofem]

Women used to sell their engagement / wedding rings to escape abusive marriages. Learn from your foremothers. Never tell a man you have your own money. Financial freedom is the most important of all.

Having your own savings and source of income that can't be stolen from you gives you so many opportunities. Don't fall for their smooth words under the guise of 'fairness' and 'trust'. Protect yourselves and only trust yourself. For your safety and autonomy.

It can be the difference between being homeless and being safe. Spread the word.

[bitchesgetriches]

Everything You Need to Know about How to Increase Your Income

Make more money at the job you have

One of the simplest ways to increase your income is to just make your current employer pay you more. But while it may be simple, it ain’t always easy.

Santa Isn’t Coming and Neither Is Your Promotion: How To Get Promoted

How I Chessmastered Myself Into a Promotion at Work

The First Time I Asked for a Raise

You Need To Ask for a Fucking Raise

Ask the Bitches: “Can I Quit With Unvested Funds? Or Am I Walking Away From Too Much Money?” 

The Ultimate Guide to Growing Your Salary

Make more money at your next job

All that said, you’re statistically more likely to increase your income faster by job hopping! So if your current employer doesn’t want to pay you more, leave that sinking ship behind in pursuit of a higher salary.

Job Hopping vs. Career Loyalty by the Numbers

The Fascinating Results of Our Job Hopping vs. Career Loyalty Poll

How NOT to Determine Your Salary

When It Comes to Salary Negotiations, Are You Asking for Enough?

What To Do When You’re Asked About Your Salary Requirements in a Job Interview

If Your Employer Refuses To Negotiate Salary, Try These 11 Creative Counteroffers

Season 4, Episode 9: “I’m on the Wrong Career Path. How Do I Convince a New Industry To Take a Chance on Me?” 

Invest your way to more money

Of course there are some who say the true path to wealth is passive income: when you stop working for your money and instead let your money work for you. And they’re not wrong! Here’s how we recommend you increase your income passively.

When Money in the Bank Is a Bad Thing: Understanding Inflation and Depreciation

Investing Deathmatch: Investing in the Stock Market vs. Just… Not 

What’s the REAL Rate of Return on the Stock Market?

Dafuq Is a Retirement Plan and Why Do You Need One? 

Procrastinating on Opening a Retirement Account? Here’s 3 Ways That’ll Fuck You Over.

Season 4, Episode 1: “Index Funds Include Unethical Companies. Can I Still Invest in Them, or Does That Make Me a Monster?” 

Small Business Investing: A Kinder, Gentler Alternative to the Stock Market 

The Dark Magic of Financial Horcruxes: How and Why to Diversify Your Assets 

Make more money through side hustles

When it comes to side hustles, we have traditionally advocated caution. The last thing you want to do is burn out in pursuit of a second income stream. But with enough wits and fortitude, a side hustle could help you increase your income by leaps and bounds.

Romanticizing the Side Hustle: When 1 Job Isn’t Enough

Season 2, Episode 9: “I Use My Free Time to Volunteer. Should I Focus on Making Money Instead?”

Stop Undervaluing Your Freelance Work, You Darling Fool

Freelancer, Protect Thyself… With a Fair Contract 

Season 4, Episode 10: “I’m a Freelance Artist. How Do I Price My Work Fairly Without Losing Clients?”

Ask the Bitches: My Boss Won’t Give Me a Contract and I’m Freaking Out 

“Independent Contractor” My Ass: How to Stop Wage Theft Through Worker Misclassification 

Becoming a Millennial Entrepreneur (In the Midst of a Pandemic) With Katelyn Magnuson 

11 Awful Mistakes I Made as a Self-employed Freelancer, and How You Can Avoid Them

The Magic of Unclaimed Property: How I Made $1,900 in 10 Minutes by Being a Disorganized Mess

I Am a Craigslist Samurai and so Can You: How to Sell Used Stuff Online

What to do when you make more money

Once you increase your income, you might find yourself… not quite bored, but finding you have a little more bandwidth to handle the stuff that matters. It can be a jarring transition! Here are our thoughts on the matter.

Season 3, Episode 7: “I’m Finished With the Basic Shit. What Are the Advanced Financial Steps That Only Rich People Know?” 

Season 3, Episode 4: “The More Money I Save, the More I’m Scared To Lose It. Can I Break the Cycle of Financial Anxiety?” 

How to Avoid Lifestyle Inflation … and When to Embrace It

Ask the Bitches: I Know How to Struggle and Fight, but I Don’t Know How to Succeed

Update: I Know How to Struggle and Fight, but I Don’t Know How to Succeed 

The FIRE Movement, Explained 

I Was Happy to Marry a Poor Man. Then Things Changed.

I Have Become the Rich Relative I Always Wanted 

Believing in Miracles: A Conversation with Chris Dane Owens on Money, Creativity, and Self-Funding Art 

I Now Make More Money Than My Husband, and It’s Great for Our Marriage 

Season 2, Episode 1: “I’m Financially Stable, but My Friends Aren’t. The Guilt Is Crushing!”

The Resignation Checklist: 25 Sneaky Ways To Bleed Your Employer Dry Before Quitting

Advocate for systemic change

We don’t endorse an attitude of “I got mine.” So once you increase your income, there are lots of ways to use your newfound financial breathing room for good! Lift as you climb, my friend. Here are a few ways to do so:

Wallet Activism: Using Your Money for Good with Author Tanja Hester 

Woke at Work: How to Inject Your Values into Your Boring, Lame-Ass Job 

Raising the Minimum Wage Would Make All Our Lives Better

Post a Salary Range in the Job Description, You Fucking Cowards

1 Easy Way All Allies Can Help Close the Gender and Racial Pay Gap

The Truth About Unions: What Has Organized Labor Done for You? 

How To Support a Labor Strike with 3 Simple Steps

Everything in moderation

One last thing, my lambs: don’t crush your spirit while chasing the goal of a higher income. Working hard is hard work. If you find these tactics are leaving you exhausted and demoralized, you might be on the road to burnout. And that road leads nowhere good!

That’s why we just released our glorious new Burnout Workshop. Click the button below to take a peek!

Get the Burnout Workshop Here!

[uboat53]

If you want to know why there's a generational disconnect when you talk about pay, here you go. In 1982, the average starting salary for a college graduate was reported to be $22,449/year. [1]

In 2023, the median salary (not even just starting) for a college graduate aged 25-34 was $59,600. [2]

Now that sounds good, right? More than double? Well, let's take a closer look.

According to the Bureau of Labor Statistics Inflation Calculator [3], $22,449 in 1982 had the same purchasing power as $71,617.79 in 2023. In other words, that "more than double" in nominal terms is actually almost a 17% DECREASE in real value.

If anyone is wondering what those dang Millennials and GenZ kids are complaining about, this is it.

[1], [2], [3]

[that-one-girls-blog-posts]

beeing able to slowly upgrade your lifestyle>>>

fastfashion becomes name brands, eating out more, high quality skincare, spontaneous purchases, casual gifting, keeping up all kinds of maintenance, having savings, less worrying...Peace!

[blogthebooklover]

30 Things I Learned As An Adult

In honor of me turning 30 in January, I’ve decided to write out a list of 30 things I learned as an adult.  Now, some of these worked for me through trial and error, while others did not.

1. Self Care Is Important

I cannot stress this enough.  We all need to practice self care, to take time for ourselves.  It takes baby steps to find a good self-care routine, and there’s plenty of online resources to find one to your tastes.  Remember it is all about trial and error, and don’t worry about perfecting it right away.  Research some different self care routines online as a starting point.

2. Read Books, Not Fanfiction

Okay, don’t get me wrong, I do love reading some good ole fanfiction, and current events.  However, definitely pick up a book once in a while.  Whether it’s a graphic novel, comics, manga, please develop a reading habit.  It definitely helped me out a lot as a former college dropout, there are reading lists on sites like Goodreads, here on Tumblr, even colleges have lists what books students are required to read.  And it does help with expanding your knowledge and vocabulary.  As I’ve previously said, I’m a former college dropout who’s currently back in school, however, developing a healthy reading habit is what kept me grounded.  If you need a starting point, I recommend reading a fiction book, preferably in the SciFi/Fantasy genre; or reread a book from your childhood.  Also, PLEASE GET A LIBRARY CARD!  You’ll definitely be saving a lot of money, and we need to support our public libraries now more than ever.

3. Say “No” More Often

If you don’t feel comfortable going out, or if your manager calls and asks to cover a shift, just say “no.”  Remember, you have the power to set boundaries, especially with family, friends, and work.  This correlates to number 1 on my list, self care is super important, and you cannot put your health at risk for anyone.  I’m going to repeat that last part: SELF CARE IS SUPER IMPORTANT, AND YOU CANNOT PUT YOUR HEALTH AT RISK FOR ANYONE!

4. Register To Vote, And Vote In Every Election

With politics being so polarized and divisive in the past decade, and the upcoming 2024 US Presidential Election, please register to vote.  And voter suppression has been very rampant in the past two, arguably three, decades.  To anyone about to turn 18 here in the US, please register to vote ASAP!  And vote in every goddamn election, both national and local.  I seriously cannot stress this enough.

5. Eat Healthy, No Seriously

I love some fast food once in a while now, however, please take some time to learn about healthy eating.  It will catch up with you in the future, and our US healthcare system is already fucked as all hell.  I know the rising costs of everything, including food, is insane right now; but please keep informed about how to prepare good healthy food.

6. Take Breaks From Current Events, Social Media, and the Internet

This also correlates with number one.  While it is very important to stay informed with what is happening in the world/country of origin; especially with the US Presidential Election year.  Remember, it’s okay to take breaks from reading too much news, and scrolling through social media feeds.  It really does have an effect on your mental health, and unfortunately too many people tend to fall down the conspiracy theory rabbit hole on all sides of the political spectrum.  To the teenagers and young adults, take breaks and focus on your mental health and well-being.  To the adults, read the previous sentence.  With everything so polarizing, take care of yourself first.  

7. High School Friends DO NOT LAST!

My friends from high school and early college years were definitely the “ride and die” type of  friends, metaphorically speaking.  If you have that one friend who was/is the “give the shirt off their back” type, check in on them once in a while.  However, with the former, just move on.  The friends I had in high school definitely had a lot of childhood trauma, and in one aspect, I’m glad that they were honest about it; it was/is a way to heal.  However, any “friend” who just doesn’t want to better themselves and use you for any convenience, DUMP THEM AND CUT OFF ALL CONTACT!  Remember just as you set boundaries with your toxic family members, and even for your job, you should do the same with friends.

8. Change Jobs, ASAP!

This is a very important one.  I didn’t really have a job as a teenager, I wanted to enjoy being a kid for a little longer, however, I did have an occasional babysitting job.  At 23 years old, I got a job at a fast food place.  While I do appreciate part of the experience, like how to use the “customer service” voice, however, any red flags that pop up in your head, change jobs, ASAP!  It was toxic, too political (for some weird reason) and a lot of drama (and not from the teenagers).  The grocery store I work at now does have its busy times, however, it’s much more calmer, and I don’t see too many “Karen” types. 

9. Declutter More Often

This is also a definite must as you get older.  Whatever you don’t need anymore, donate them.  Whatever is completely broken, throw it away!  Whatever it is that is in good condition, sell it or maybe give it to someone as a birthday/holiday present.  Any old makeup, throw it away!  It’ll help reduce the amount of clutter and mess.  If you need a starting point, I suggest the KonMari method.  It really did help me out a lot.

10.  Use A Planner

This is a life-and-time saver.  Write down any appointments, cleaning days, paydays, bill charges, etc.; into a physical planner.  If you’re in college, please use one!  And write down any assignments to work on/turn in BEFORE the deadline.  Also, anything important, put into your calendar app on your phone and laptop as a reminder.

11.  Have A Skin Care Routine

Okay, I know having a skin care routine isn’t for everyone, and we all have different reactions to skin care products; however, don’t be afraid to experiment with a good skin care routine.  In my early teen years, I used Proactiv skin care for my acne, and it helped out a lot.  Remember: cleanse, tone, any serum of your choice, and moisturize.  This also helps out if you don’t feel like jumping into the shower.  Also, use sunscreen, seriously.

12.  Don’t Get Married, Until You’re Ready

This is coming from someone who is single, lol.  If you plan on getting married to your romantic partner, I’m proud of you! Marriage is about communication, being honest, and doing equal amount of work (finances, household chores, etc.)  Save money if you’re planning for a wedding, or go to your local courthouse to get a marriage license if you don’t want the big, fancy reception.  

13.  Don’t Have Kids, Until You’re Ready

Again, this is coming from someone who is single and childless, lol.  Having kids is a lot of work: physically, mentally, emotionally, and financially.  Not everyone is capable of being a parent, and I have read PLENTY of posts on here and other websites about toxic parents/parenting styles.  Take time and think about if you’re ready to become a parent.

14.  Learn How To Budget Your Money

This is for anyone of any age out there.  Please learn how to budget your spending.  Look for stuff on sale or clearance, or cut back on certain types of spending. I know most people have no idea where to start, but there is! There’s some great websites and YouTube channels on how to budget your money. Another great tool to use are spreadsheets like Microsoft Excel or Google Sheets. I use a Google Sheet template to help track my spending and budget my finances. Also, if you have gift cards from your birthday/holidays/etc; definitely use them, you won't be breaking your bank account :). Also, definitely have some paper cash in your wallet for emergency use.     

15.  Open A Savings/Emergency Funds Account, ASAP!

This is a huge one to have as an adult, especially during the COVID-19 pandemic.  Anything left over from paying the bills, from a side hustle, or from your tax returns, put that into savings.  Certain banks will also have the option of creating “financial goals” in savings accounts; so I highly recommend using that as well.  This also correlates with number 14.  If you’re interested, open two or three savings accounts, the last one should only be for emergency funds.

16.  Get A Physical Hobby, AKA Exercise!

It doesn’t matter what type of exercise you do, please do it!  And for anyone who is physically disabled, there are modified options provided on YouTube.  We do lose certain motor functions as we age, so definitely pick an exercise that’s right for you, as they say. Even if it's just going outside for a walk for 30 minutes, please do some type of exercise.   

17.  Learn How To Meal Prep

It doesn’t have to be for every meal of every day, pick a meal you want to make and prepare ahead of time.  And prepare that meal the day before, so it will be on hand when you leave your house. There are some great videos on YouTube, and some ideas from Pinterest if you need a starting point.

18.  If You’re Able To, Go To The Dentist!

Seriously though, try and go for a checkup/teeth cleaning.  You’re only given one set of teeth after all your baby teeth fall out, and you need to take good care of them.  If you’re able to, or live near to one, local colleges have free cleanings through their dental training programs.   

19.  If Your Job Offers a 401K, GET ON IT NOW!

My old job at a fast food restaurant didn’t have retirement benefits, but my current grocery store job does.  I jumped on it right away, even if it’s not the job I want right now.  And it’s a good starting point to have some money saved up for retirement. If you leave the job that has a 401k, you can do what's called a rollover. This will put the money that was set into the first retirement fund into another one; you can do this with your bank or if your new job has a 401k.

20.  If You Don’t Have Health Insurance, Sign Up With The State, or Through Your Job.

In my experience, I have insurance through the state at the moment.  If your job offers health insurance as well, jump on it right away, even if it’s not the job you want, it’ll be a starting point that correlates with number 19.

21.  It’s Okay To Not Go To College

This is coming from someone who was a college dropout at 19, and currently back in school.  If you don’t feel ready to go to college, that’s okay too.  College is very expensive, especially here in the US, and not everyone can get a scholarship, even if they did apply for a lot of them.  Maybe get a part-time job or two (for some income), explore some hobbies you enjoy, and take some time to think about some goals.     

22. If You’re In College, It’s Okay To Stay At Home

Again, coming from a former college dropout, I stayed at home while attending a nearby community college in another state.  However, out-of-state tuition and housing is also very expensive.  If you have a good relationship with your parents, and if you’re going to school in-state, talk to them about staying home while going to school.  If you don’t, then talk to a trusted friend or family member about getting an apartment together that isn’t on-site housing while you’re attending school.

23. Watch Non-English Language Movies

If you’re a movie lover like me, take some time to watch some foreign language films once in a while; and I know we anime fans do, lol.  To be honest, it does get very boring watching English language films all the time, whether from the States, England, or Canada.  Watching foreign language movies will definitely help you to understand the world a lot better, if you don’t have the means for traveling yet; and they will help you to understand that no matter where we live, we all have similar issues, hopes, dreams, etc.  If you need a starting point, I recommend any of the Studio Ghibli movies, I would start with Kiki’s Delivery Service; or Guillermo del Toro’s Pan’s Labyrinth.  

24. SET BOUNDARIES

Remember: toxic family members and friends are not worth it.  You are worthy and valid for love and respect.  This correlates to number 7.  This is also very useful in the workplace.  

25. Express Yourself Through Fashion

Like everyone else, I feel most comfortable in jeans and a t-shirt myself; however sometimes I like to dress up just for fun, or to build up my self esteem and image.  This also helps when learning to pair an accessory with an outfit.  Play around with different color palettes and clothing styles, and find the one you feel the most “you.”  For example, I’ve always looked my best in jewel tones and a cooler color palette.  Read some fashion articles or watch some YouTube videos about how to pick out an outfit.

26. It Is Not Selfish To Prioritize Yourself

This correlates with number 3.  I have noticed it’s mostly a Western/American/Christian culture norm, we’re always told to take care of others before taking care of ourselves; or we’re selfish for prioritizing ourselves over others. It is not selfish, it is part of self care. Again, this is tied in with number 24.

27.   Failing and Making Mistakes Is Part of Growing

There is so much societal pressure on trying to be successful in life and work, especially in the Western/American hemisphere. However, making mistakes and failing at something is part of growing, and learning as an individual.

28. It's Okay to Not Have a Label to Define Yourself

Hear me out. I understand the use of labels in society and culture in general; everyone wants to belong somewhere and feel accepted. However, it is okay to not have a label to define who you are, and who you want/choose to be. Take all the time you need to figure out what's best for you. And sometimes people don't realize a label will fit them until they are much older in life. Or they couldn't at the time.

29. Don't Compare, You'll Get There

We are human, and we all have the tendency to compare ourselves to others. Unfortunately, this doesn't end after high school and college. And that needs to seriously change, especially in the Western/American hemisphere. Simply writing down "don't compare, you'll get there" is a great reminder to have for yourself. Everyone learns and grows at their own pace.

30. It Really Is The Little Things That Keep Us Going

When life seems to get too hard, it really is the little things that keep us going. Whether it is something as simple as someone holding a door open for you, or someone complimenting* you on your outfit or your work ethic; those moments are the ones that matter the most. Remember those moments, hold on to them.

[incognitopolls]

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

[honeytonedhottie]

financial literacy continued⋆.ೃ࿔*:･👛💵

so i released a poll if you guys would like a post on financial literacy and the results are here. so im gonna share some things that i learned while taking a financial literacy course…💬🎀

HOW TO SAVE MONEY ;

automatically deposit a certain percentage of ur income into ur savings account so that u dont even have to think about it

to do something more FUN tho, (at least in my opinion) is to make a challenge where u have to save every $10 dollar bill, or $20 dollar bill or whatever. just something to make saving money seem like a game if u wanna have some fun with it.

EMERGANCY FUND ;

most experts will tell u that ur emergency fund should be 3-6 months of ur needed expenses. so calculate ur needed expenses and multiply that by 6 to figure out how much you'd need to have in ur emergency fund.

PAYING YOURSELF FIRST ;

you should always put urself first in every single situation including financially. so to pay urself first simply means to put ur future and needs before anything else. FOR EXAMPLE... let's say u wanna buy an ipad by the end of the year, an ipad is $345.

lets also say that u get paid weekly, so you'd divide $345 by the number of weeks in a year (52) you'd get 6.6. so you'd have to save roughly $6-$6.50 a week which isnt a lot at all. and you'd be getting what u want.

INTEREST AND CREDIT ;

interest is like a reward that the bank gives you for trusting them to look after your money. the more money you have in your account, and the longer you keep it there, the more interest you can earn…💬🎀

so the bank calculates interest as a percentage of the total amount in a bank account. so if the bank pays a 1% interest you'll earn $1 for every $100 in ur bank account over the course of a year. so if u have $500 in ur account you'll get $5. its not a lot, but interest builds on itself.

credit is the ability of the consumer to acquire goods or services prior to payment with the faith that the payment will be made in the future…💬🎀

for example missing payment deadlines can negatively affect ur credit score. why is this important? if u wanna go to college and wanna use student loans, u might not be able to if ur credit history is bad. as ur credit history grows you'll get a credit score. the higher ur score, the better ur credit is.

BUILDING CREDIT ;

get a secured card. a secured credit card is a special type of credit card with a down payment. when you open the card, you will give the credit card company a deposit to hold. it can be as little as $100. the company holds the money for you and gives you a credit card with a line of credit equal to your deposit

sign up for victoria's secret direct paper mailers. you'll get a coupon each month for 1 free panty for every purchase. when u go to the mall, get urself a panty and a sweet treat 🧁 (DO NOT PUT ANYTHING ON THE CARD THAT U CANT IMMEDIATELY PAY OFF)

and then go home and pay ur credit card bill off, and then dont use it again until the next month.