Five Finance Friday - 3/2/18 - Smart Money Seed

3/2/18

Five Finance Friday - 3/2/18



Happy Friday Smart Money Squad, and welcome to the month of March! Spring is just around the corner (we hope), and if this month is anything like the last, we'll probably have a combination of snow, fog, rain, sleet, freezing rain, sun, and grey skies all within a week's time. This is Ohio after all. Let's just hope for more of the sunshine and temperatures over 60!

In any case, we’re back with another great line-up of awesome articles from some of our fellow bloggers. Without further adieu, here are our Top 5 articles for this week:

1. Boost Credit Score: A Guide to an Important 3-Digit Number

A debt-free life is certainly one to strive for, but the reality is that many of us will need to rely on debt for some of life's biggest purchases such as a house or an education. All debt is not created equal, however, and some debt can be much more expensive than others if you're not careful. In this article, Full-Time Dollars shows us the importance of a credit score and gives some great tips for boosting your score!

2. How to Pay Off Debt on a Low Income

A 6 or 7 figure salary would be nice, but that's not always realistic in every career field. So does that mean if you don't rake in the big bucks that you can forget paying back your debt? Absolutely not! Whether you make $30k or $300k, paying off your debt is very important (see article above), and can make a real impact on your life. Check out Brian's tips for paying off your debt even if you're not a millionaire.

3. Back Off, I'll Mind My Own Savings Rate

If you've recently just started you first "adult" job, then you're probably familiar with question, "how much of my paycheck should I be saving?". Do a quick Google search and I bet you can find suggestions of anywhere between 6% and 16%. I don't know about you, but that's a big difference and I don't want to be saving too little or too much (is too much even possible??). Check out Winning Personal Finance's article to help you find the right savings rate for YOU!

4. Slow and Steady to Financial Freedom

This article is right up Smart Money Seed's alley! We preach it all the time; getting rich doesn't happen overnight. It takes consistent discipline and commitment to achieve the financial life we dream of. Take a look at Simple Money Man's thoughts on why you should be saving like the tourtise and not the hare.

5. How I Went from Live-in Nanny to Corporate VP

Need a little motivation to get your weekend started? Look no further! Success can take many different shapes and forms, but behind almost any success is one common ingredient: hard work! This article from Money Scrap talks about the importance of hard work among many other ingredients needed to succeed in your career!


That wraps up this edition of the Smart Money Seed #fivefinancefriday, now it's time for the weekend! Thanks for reading, and we'll see you here next week for another lineup of three great articles!


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