Besides moving in and sharing closet space, marriage can also mean sharing finances. Primarily, there are three ways couples tend to manage their finances after marriage: they keep everything separate, they merge everything, or they choose some hybrid. We choose a mostly merged hybrid, but let me explain.
For the most part, we merged our finances... Read More
Back in January, I wrote about my 2014 debt resolutions. Now that we are halfway through the year, I revisited my resolutions to see how I am progressing.
1. Pay off $20,000 in debt.
As it stands, I will probably fall short of this goal. To date, I have paid off $7,000 of educational debt in 2014,... Read More
It’s a little intimidating to go garage sale shopping if you’ve never done it before. To help you plan your first (or next) garage sale shopping spree, here are some tips from my own experiences with garage sale bargain hunting:
1. Garage sale season is generally from late spring to mid-fall, especially over the weekends. Most... Read More
We get this question all the time: why did you choose the Income Based Repayment (IBR) plan? By definition the IBR plan brings our payment lower than it is under the standard 10 year repayment plan and to about 15 percent of our discretionary income. If we stay on this plan for 25 years, the... Read More