moneygoody Archive

10 Reasons You’re Always Broke (and What to Do About It)

Do you know why you’re broke? Is it because your job doesn’t pay you enough, or you are living beyond your means? Is it because of the student loan that’s hindering your financial growth, or the weakening economy? Truth is many of us are ever broke. In fact, payday has become just like other day. According to data from the World Bank, a large number of …

15 Holiday Money Saving Tips From The Pros

I love the holiday season. Watching a Christmas Story on repeat, shopping for the perfect gifts and spending time with family and friends really is the most wonderful time of the year. But let's be real, it gets expensive.Between traveling, shopping, food and the other expenses that come along with the holidays it's easy to go way over your budget or break the bank. But …

How Much Are Millennials Worth? (Infographic)

If you are a millennial, you are likely facing a tough time financially. Figures show that, although your earnings on average have increased by a quarter in the last 13 years, student loan debt has more than doubled over the same time, making it much harder for those under 35 with college degrees to save money.As a result, the amount you have set aside or …

Money Talks: Joshua Holt of Big Law Investor

The reason I started this blog was to help young adults and millennials get a better understanding of money and personal finance. In addition to giving my own stories and tips, I decided to add a new element to Money Goody. Interviews!Through my new series, Money Talks (pretty clever right?) I'm going to be interviewing personal finance expe​rts and bloggers to get their tips and …

How to Save Money on Groceries Without Sacrificing Your Health

One thing you learn very quickly living in a big city like Chicago is groceries aren't cheap. If you're like me, you've probably done a ton of research on how to save money on groceries. I've gotten some great tips from the articles I've read but there's one problem, they don't always account for people trying to eat healthy.Sure I could eat processed foods, low …

Student Loan Debt Crisis By The Numbers (Infographic)

We all know there's a problem with student loan debt in this country. You might've joked about it before, or heard politicians talk about it when they're trying to get your vote. But the reality is the amount of debt that students and graduates (myself included) are in is serious.To illustrate just how bad the situation is, I grabbed these statistics gathered by Student Loan Hero …

How to Save Money on Lunch for Work

Don't feel like spending $10 every day at Chipotle for lunch? I don't blame you.  Lunch can be one of the biggest money pits, especially if you work in an office. When everyone's ordering out and you're crunched for time, it's easy to get caught up in the mix. The average American spends nearly $1,000 on ordering out lunch every year. And if you like to …

The Essential Kitchen Tools for Young Adults on a Budget

I have a confession. I'm addicted to buying kitchen gadget! I'm the guy that watches infomercials at 2AM in the morning and thinks "Wow, I could really use that Slapchop." And if you read my Mint story, you know I have a bad habit of buying things I don't need.As a result, I've wasted​ spent a ton of money on kitchen appliances I've used once …

5 Things Mint Taught Me About My Spending

It's no secret that I'm a HUGE supporter of Mint. I think it's one of the best things that ever happened for young adults trying to get a hold of their money. Aside from the Mint review I posted, I wanted to dive a bit deeper into how Mint has actually helped me get a better grip of my money.Ever since I moved out solo …

21 Experts Share Their Top Budgeting Tips

Budgeting is one of the biggest challenges young adults have when it comes to managing their money. You might download an app like Mint and use it for a week. But after a while you stop checking it and eventually forget all about it.Or maybe you set a budget and just can't seem to stick to it no matter what you do. Whatever your situation …