fbpx

Our Debt Free Family

Commit. Plan. Take action.

The Art of Co-Living: Exploring the Advantages of Sharing a House

| Leave a Comment

sharing a house

What is House Sharing?

For people who want to strike a balance between a sense of community and financial stability, sharing a home has emerged as an advantageous and sociable choice. The idea of house sharing also referred to as professional house shares, has become extremely popular as people look for methods to divide costs, take advantage of the company, and create comfortable living spaces. The complexities of house-sharing are examined in this article, along with its advantages, the growth of house-sharing websites, and the forces at play when cohabitation becomes a significant relationship.

House sharing refers to a living arrangement where individuals or families share a single house, splitting the rent and expenses. House sharing offers cost savings, companionship, and shared responsibilities. It is a popular option for students, young professionals, and older adults looking for affordable and sociable living arrangements.

 

The Rise of House Sharing

The housing market has taken an unexpected and disheartening turn for prospective homebuyers and current homeowners alike. Mortgage rates, which have been on an uptrend for the past year , are now delivering a harsh blow to anyone seeking to purchase or refinance their home in the current market where 7% APR is the average.

Finding inexpensive housing can frequently be difficult because of the high cost of living, particularly in urban regions. In response, many people have turned to house sharing as a practical way to control costs. Rent, utilities, and other expenses are divided among a number of housemates in order to greatly lessen the financial load on each person. House sharing is especially tempting to young professionals, students, and those seeking to save money without sacrificing comfort because of this financial advantage.

 

Benefits of House-Sharing

Sharing a home is a lifestyle decision that offers numerous benefits that go far beyond simple cohabitation; it’s not just about dividing the expenditures. Let’s explore these advantages in greater detail and see how house-sharing changes what it means to live in a single household:

 

1. Cost Sharing

A significant financial benefit of house sharing is expense sharing. Housemates share the cost of living, including rent, utilities, and maintenance. In the current economic climate, where growing living costs can stretch even the most carefully constructed budgets, this financial respite is especially helpful. Housemates who share financial duties are not only better able to manage their money but also have more money available for other activities like personal development, travel, or investments.

 

2. Social Connections

More than just a utilitarian arrangement, house sharing serves as a springboard for developing deep interpersonal relationships. People get exposed to a wide range of personalities, histories, and viewpoints when they live with housemates. These encounters encourage the formation of solid ties over time, which may result in true friendships. A sense of community that goes beyond the practical requirements of cohabitation is created by shared experiences, late-night chats, and the camaraderie of daily life. Housemates frequently transform into a chosen family, supporting and encouraging one another through life’s ups and downs, from preparing meals together to celebrating milestones.

 

3. Shared Responsibilities

In a shared home, the task wheel has a whole new meaning. Sharing duties, such as cleaning, grocery shopping, and home maintenance, promotes a cooperative living situation. By splitting up the labor, each housemate feels more responsible and accountable while simultaneously having a lighter workload. This teamwork-based approach to household management promotes good communication, compromise, and a greater respect for the contributions made by all parties. In response, this culture of cooperation raises the standard of living generally and fosters a peaceful environment.

 

4. Comfort and Space

House sharing often makes it possible to afford a more luxurious and roomy living situation. Many people discover they may rent larger homes that are out of their price range. Greater personal comfort and flexibility are made possible by the additional space, which improves quality of life. Ample living space, a peaceful study corner, or a backyard garden are just a few examples of how having more space improves well-being and leaves room for leisure and personal hobbies.

 

5. Shared Experiences and Lifelong Memories

Shared housing memories frequently play a significant role in one’s life story. Housemates will remember these shared events, which range from movie nights to themed parties to unplanned get-togethers, for years to come. These memories hold a special place in the heart and add to the tapestry of life by fostering a sense of nostalgia. That empty spare room could be space that built a lifelong connection.

 

The Digital Landscape of Professional House-Sharing Platforms

The prevalence of internet platforms designed to match possible housemates and facilitate easy transitions into shared housing has increased along with the popularity of house sharing. House sharing websites have become virtual gathering places where people may connect with others looking for similar living situations. These websites include a variety of services that make it easier to find and book compatible roommates and lodging.

 

1. SpareRoom: Navigating the House Sharing Universe

In terms of housing-sharing websites, SpareRoom is a shining example. It acts as a virtual hub where people can submit ads for available rooms or search for accommodations that suit their needs, thanks to its user-friendly layout and extensive features. It is simple to filter results depending on location, budget, and desired amenities, thanks to the platform’s user-friendly design.

 

The emphasis on establishing thorough profiles for both potential housemates and available rooms is one of SpareRoom’s distinctive features. Through this method, people can learn more about one other’s interests, expectations, and way of life, which promotes openness and compatibility. Users can find the appropriate house-sharing arrangement on SpareRoom using its comprehensive search parameters, whether they are looking for a professional house share, a student flat, or a cozy home with other like-minded people.

 

2. Craigslist: A Diverse Marketplace for House Sharing

The popular classifieds website Craigslist has established a specialized market for house sharing. The platform’s housing segment offers a range of house-sharing alternatives despite covering many different categories.

 

People can advertise and search for postings for available rooms, establishing direct contact with potential roommates. While dedicated house-sharing services may have a more complex style and organization, Craigslist is still a good alternative for anyone looking for shared housing.

 

3. Roomster: A Global Approach to House Sharing

Roomster caters to both local and international house-sharing needs, taking house-sharing to a new level. The platform sets itself apart from other house sharing sites by providing thorough profiles with background checks and compatibility scores. These tools improve the safety and standard of house sharing while giving potential housemates’ lifestyles and preferences greater transparency.

 

The philosophy behind Roomster’s house sharing goes beyond simple postings; it aspires to provide an environment where people may find not just housemates but also friends and other social connections. This more comprehensive viewpoint is consistent with the notion that house sharing is not just about sharing expenditures but also about building a sense of community and companionship.

 

home sharing spare room

 

The Art of Connection and Compatibility

The potential of these digital platforms to link people with similar ideals, lifestyles, and preferences is what makes them unique. Compatibility becomes important as house sharing moves beyond simple cohabitation. People are empowered to make knowledgeable selections regarding potential roommates and accommodations because of the comprehensive profiles and sophisticated search filters supplied by these platforms. These portals enable customized searches that meet specific demands, whether someone is seeking a professional house share, a peaceful study space, or a buzzing social scene.

 

Navigating the Digital Landscape: Tips for Success

Although house-sharing websites make it easier to find compatible housemates, it’s still vital to take your time and be thoughtful as you travel. Following are some pointers for navigating the online world of house-sharing platforms:

 

Create Comprehensive Profiles

Be truthful and detailed when describing your lifestyle, routines, and preferences while building a profile. This openness will draw roommates with similar values.

 

Utilize Filters

Utilize search filters to narrow down choices based on region, price range, and particular needs. Unless you’re in a desperate situation, be as strict as you can with our requirements.

 

Engage in Conversations

Once you’ve located suitable roommates or lodging, strike up a chat to learn more about each another. This process is essential for determining compatibility and building rapport. Find out as much as you can about their background and reasoning behind taking the house sharing route.

 

Set Expectations

Potential roommates should be made aware of your expectations and boundaries. This will assist in avoiding misunderstandings and provide a peaceful living situation.

 

Conclusion

Sharing a home has become a realistic and affordable solution in a world where housing costs can be prohibitive. Finding matching housemates and accommodations is now more straightforward than ever, thanks to the growth of house-sharing services. What starts out as a financial choice typically turns into a journey of making friends, sharing experiences, and establishing a sense of belonging. The art of house sharing continues to alter lives, homes, and how we view the idea of cohabiting as people try to achieve a balance between financial security and a sense of community.

 

READ MORE:

Cash App Glitch 2023: Is the Free Money Glitch Real?

| 1 Comment

 

Uncover the Truth: Is the Cash App Glitch Legit?

 

There has been many glitches in Cash App’s system that has been exposed, raising concerns about the safety of users’ personal information, money, and transactions. So much so that Cash App has a Bug Bounty Program which provide cash awards for brining certain vulnerabilities to their attention. From understanding how glitches occur to learning about the potential risks and the steps you can take to protect yourself, we’ve got you covered.

Whether you’re a frequent user or just considering signing up for Cash App, this information is crucial for anyone who values their financial security and want to know if free money Cash App glitches seen on Reddit and other platforms are real or fake.

 

forex 4

 

What is a Glitch?

A glitch can be defined as a temporary malfunction or some form of irregular behavior which leads to a device or program not operating as intended. They are usually self-correcting and can often be rectified using a simple system reset. Some glitches are more serious and may be as a result of a bigger issue which will cause the glitch to repeat itself until the issue casing the glitch is fixed.

 

Common types of Cash App glitches and their consequences

Cash App has faced various glitches in the past, each with its own set of consequences for users.

In June 2023, there was widespread reports of a duplicate charge glitch which caused users to be charged twice for the same transaction. Cash App responded publicly and stated that impacted users will be notified and refunded

One common type of glitch that users have reported is the failure of transactions to go through properly. In some cases, users have experienced delayed or failed payments, causing frustration and inconvenience.

Another glitch involves incorrect balance displays, where users notice discrepancies between their actual balance and what is shown in the app. This can lead to more confusion and uncertainty about the accuracy of their account information.

Account hacking has been a concern for some Cash App users. Although not always caused by a glitch, hackers have taken advantage of vulnerabilities to gain unauthorized access to users’ accounts. It is essential for Cash App users to be aware of these potential glitches and their consequences in order to take appropriate precautions.

Cashapp Bitcoin Glitch

Glitches can occur in cryptocurrency due to the inherent complexity of the software and hardware. Human mistakes, system updates, external factors, and errors during file transfer can all contribute. Even with rigorous testing, unforeseen interactions and vulnerabilities can arise.

Each Cash App bitcoin transaction is recorded on a public ledger, the blockchain. While general wallet addresses don’t directly reveal user identities, analysis and batch reports can easily trace transactions back to individuals. The point is that you’re conducting bitcoin transactions through Cash App, and with your personal information directly linked to your bitcoin address. You will more than likely find yourself in debt once Cash App identifies an unauthorized or erroneous deposit on your account.

There have been numerous reports such as this recent September 2023 case where a user spent funds that showed up in their account after a Cash App Glitch and to their surprise later had the funds removed by Square and left the account in a negative balance status.

 

 

 

forex1

 

Are Cash App Glitches for free money real?

Short answer, yes! Of course they are real, but don’t get too excited. It is quite possible that you may one day open your Cash App account to find that you have a greater than expected balance due to a glitch in the software. Computer programs glitch and can lead to unpredictable behavior. That behavior may be favorable in some cases. However, Cash App is a relatively app to use.  Here are 6 steps to keep your Cash App account secure.

If a Cash App glitch left you richer, the last thing you should do is think that money belongs to you, or try to spend it. Do not make an attempt to repeat the steps to creating a untraceable free money Cash App glitch. Sadly, there is no such thing. There have been many cases where glitches in banking systems led to increased balances in some accounts. They usually end with the bank recovering those funds.

Do not waste your time with TikTok videos or websites promising Cash App free money glitch tutorials. They may claim to have a legit Cash App glitch to make money out of thin air but these outlets are often seeking to collect your personal information and in some cases look for vulnerabilities which may lead to them hacking your very own Cash App account. The claims are simply too good to be true.

If you knew of a Cash App vulnerability or glitch that would allow you to make money, would it be smart to publicly advertise this process? If the claims were true, Block Inc, formerly known as Square Inc, and Cash App would quickly shut it down and may even seek legal action.

Consider other means of income if you’re looking to make extra money. There are a large number of side hustle opportunities out there. For examples, you can get paid to write articles and blog posts or even testing apps and writing reviews.

 

 

Read: What is the Chime App and is the Neobank Worth Your Time?

 

How to identify if you have been affected by a Cash App Glitch

Trying to figure out if  you have been affected by a Cash App glitch can be challenging, as not all glitches are noticeable. However, there are some signs which may indicate that there is a problem with your account.

If you notice discrepancies in your account balance, it is important to investigate further. Keep an  eye on your transactions and verify accuracy. If you come across any suspicious transactions, it could be a sign of a glitch or security breach.

Another red flag to watch out for is an inability to complete transactions or delayed payments. If you encounter any issues while sending or receiving money through Cash App, it is worth considering the possibility of a glitch in the system.

If you receive any unusual notifications or emails from Cash App, especially those requesting sensitive information or account verification, proceed with caution. Legitimate communication from Cash App will never ask for your personal information or login credentials.

If you experience any of these signs or suspect that you have been affected by a Cash App glitch, it is crucial to take immediate action to protect your money and personal information.

 

 

forex 3

 

How to Make Money on Cash App in 2023

The only legit way to make money on Cash App in 2023 is by inviting others using your Cash App referral code.

You and your friends can both get bonuses when they use your Cash App referral code to sign up to Cash App.

Your friend must sign up and link a debit card or order a physical Cash Card.

Next, send $5 within 14 days of using the referral code.

 

The Bottom Line

By understanding the nature of Cash App glitches, identifying signs of a problem, and implementing security measures, you can significantly reduce the chances of falling victim to a glitch or unauthorized access.

If it sounds too good to be true and its public information, then it is in fact too good to be true.

Remember to report any glitches or suspicious activity to Cash App’s customer support and consider diversifying your payment methods across secure platforms. Stay informed about Cash App’s efforts to improve security and be proactive in maintaining your financial safety.

 

 

forex 2

 

 

Read More:

 

 

Throwing an Epic Kids Birthday Bash on a Shoestring Budget? Try These Creative Cost-Saving Tips

| 1 Comment

birthday budget celebration

 

 

Planning a Budget Birthday? Check Out These Money-Saving Ideas

 

Your little one’s birthday only comes once a year, so you want to make it extra special. But between venue costs, entertainment, food, supplies and more, expenses can quickly spiral out of control. With some creative planning though, you can throw an epic kids’ party that feels luxurious without draining your bank account.

 

In this article, we’ll explore top tips for celebrating your child’s big day in style on a budget. From picking the perfect theme to scoring decor deals, you’ll learn how every parent can pull off a pint-sized birthday bash kids will remember forever – without going broke. Let’s get this party started!

 

Rockin’ Theme Sets the Stage

A fun theme kicks the party off right while offering direction for decorations and activities. Brainstorm favorites like outer space, under the sea, jungle safari or tie-in children’s movie themes. Visit Pinterest for inspiration on bring any chosen motif to life inexpensively.

 

With basic art supplies, you can craft signs, photo backdrops, confetti cones and garlands to transform any space into a wonderland. Use paint, construction paper, tissue paper and ribbons sourced from the dollar store. That handmade touch makes for an unforgettable party compared to store-bought kits.

 

Cake Hack: Costco to the Rescue

No need to stress perfecting a homemade cake when Costco bakeries make gorgeous, delicious options starting at just $15.99. Their wide selection lets you match any theme from pirates to princesses. A sheet cake easily feeds 30+ guests with money left over versus ordering a specialty cake.

 

Costco’s cakes use quality ingredients for long-lasting freshness, so you can buy up to a week in advance. Let their in-house designers decorate masterpieces that avoid hours of frustrating decorating. Kids only care about devouring sugary goodness anyway!

 

Venue Hunt: Keeping it Local

Finding party space doesn’t have to break the bank either. Start by scouting your own backyard, if weather permits. To add pizzazz, adorn the yard with balloons, streamers and lawn games. For indoor fun, look into nearby community centers or school venues which offer affordably priced party packages.

 

Parks hosting covered picnic areas provide sheltered spots for minimal cost – just review reservation policies. Wherever you celebrate, embracing a venue that simplifies setup makes hosting smoother. Focus time on fun versus logistics!

 

Trim the Guest List

To control headcount and cut overall costs, limit invited guests to your child’s closest friends. For a first birthday, cap the list around 10-15 to keep things manageable yet lively. Get RSVPs early to accurately plan for food, seating and favors. Resist pressure to invite everyone by emphasizing this event is all about celebrating your birthday boy or girl.

 

Dazzle with Budget Decor

Dollar stores are your best friend when it comes to decorations on a dime (Or a dollar). Load up on packs of solid color plastic tablecloths, bundles of balloons, rolls of streamers, and festively patterned plastic plates, cups and utensils. All can be found for just $1-2 per pack.

 

Transform any space through strategic use of these dollar store finds. Mix and match balloons, streamers and plastic banners in the party’s colors. Drape plastic tablecloths over folding tables for instant style. Arrange decorative embellishments like curling ribbon, pom poms, garlands and scene setters.

 

Construct a photo booth backdrop by mounting bold wrapping paper or fabric from the dollar store on cardboard. Craft papier mache shapes of key theme items like rocket ships or flowers using newspaper and flour. Let your creativity shine with budget materials without going broke on store-bought kits.

 

Mix and Match Affordable Eats

Satisfy guests with crowd-pleasing snacks and pizza delivery versus a catered spread. Do your own food prep ahead of time to save money. Slice fruit kabobs, assemble veggie platters with ranch dip, make sandwich wraps and chilled pasta salads. Get creative decorating your own homemade cupcakes instead of splurging on a full custom cake. Hit up Costco or Sam’s Club for trays of cookies and other baked treats at bulk rate deals.

 

Provide juice boxes, bottled water and soda as drinks. For easy self-serve, arrange all food in a buffet style. Set up labeled food stations if hosting outdoors. Doing a potluck with parents pitching in on homemade side dishes and desserts also helps cut catering costs considerably. Get their help with setup and cleanup too!

 

Host High-Energy Fun

Involve kids in active games and crafts that bring the party’s theme to life. For an ocean party, play fish bowl fishing for prizes or hold a sandcastle building contest. Hand out foam aquatic animal hats for kids to decorate themselves.

 

Jungle safari parties could feature limbo, bean bag toss, or making animal masks or binoculars. Use brown paper bags as the mask base and attach cutout eyes, ears and snouts. Space themes offer opportunities for an astronaut training obstacle course or decorating galactic space ship hats.

 

No need to spend on expensive entertainment. Provide inexpensive grab bag favors like bubbles, crayons and small toys to take home. By tapping into creative theme-based activities, you’ll keep young guests engaged without breaking the bank. The birthday child will love celebrating their special day through games designed just for them.

 

DIY Favors on the Cheap

Instead of purchasing trinket favors, make your own utilizing supplies on hand. Fill brown bags with candy, stickers and party hats. Or help kids plant their own seed packets as a nature-inspired gift.

 

Printable coloring sheets and bookmarks require just paper and crayons for hours of entertainment. Handing out playdough or sidewalk chalk lets children get creative. Thoughtful party favors made yourself show guests extra appreciation.

 

Final Thoughts

Pulling off the perfect bash on a budget just takes a bit of resourcefulness. Dazzling décor, activities, food and favors can all be done affordably if planned out.

Follow these tips to make your child’s celebration a memorable one without overspending. The real magic comes from celebrating your little one surrounded by family and friends.

 

READ MORE:

An Honest Blue Apron Signature Family Plan Review: Is It Worth It?

| 6 Comments

Blue Apron Family Plan Review

 

Is the Blue Apron Family Plan Worth It or Should you Try an Alternative?

Blue Apron family plan review

 

Blue Apron, a popular meal kit delivery service, offers a convenient solution for busy individuals and families. With Blue Apron, you receive pre-portioned ingredients and chef-designed recipes right to your doorstep. You can enjoy cooking delicious meals with ease, making dining at home both simple and enjoyable. Lets explore the meal delivery service to see if you’re better off trying one of Blue Apron’s competitors.

 

Blue Apron’s  Signature Family Plan Review. Is It Worth It?

The 4-Serving Signature plan is ideal for satisfying a family of four and this plan is tailored to your needs. The Blue Apron curates a weekly selection of seven delectable recipes, allowing you to customize your deliveries with your choice of 2, 3, or 4 recipes per shipment.

 

Pro: It Is Convenient

As an introvert, I love convenience whenever I can get it. Blue Apron’s 4-serving signature plan was delivered right to my doorstep, and everything was already measured and ready for me to use. I didn’t have to worry about the food going bad as it was packed with two ice packs to keep it nice and cool. I loved that I didn’t have to go out to be able to prepare healthy, delicious meals for me and the hubby. 

 

Pro: Relatively Easy To Cook

If you aren’t much of a cook, my Blue Apron family plan review may not be a big help for you. I love cooking, so the meals from Blueapron.com were fairly easy to make for me. However, if you can easily burn water, you may need to order Blue Apron a few times before you get the hang of things.

They do offer recipe cards, but mistakes can still happen. Overall, I think Blue Apron does a great job and showing you the process of making the meals they send you.

 

Pro: Options For Meat Eaters

Are you or your family meat eaters? Then you will love Blue Apron’s family plan.

Our box included recipes for Chipotle-Glazed Meatloaf with Crispy Potatoes, Moroccan Chicken with Prunes & Brown Rice, and Spicy Shrimp Coconut Curry with Green Cabbage & Rice. All three dishes had different meats, so it was hard to get bored, like you get when you eat chicken three or four days in a row.

 

Pro: Gourmet Food Without Going Out

Grabbing a fancy dinner sounds less appealing when you can get a virtually the same thing delivered to your door. This is something my family, especially my husband, enjoyed. Not only did it get us all into the kitchen, but we were able to create what we felt were beautiful masterpieces. So if you are looking to have a special dinner with your family, the Blue Apron family plan could be a good choice. 

 

Pro: Customer Service and Contact Information

My personal Blue Apron family plan review wouldn’t be complete if I didn’t add this pro. The customer service at Blue Apron is amazing! Our order was late when FedEx couldn’t find our home. Instead of saying “Not our problem” after we contacted customer service, Blue Apron apologized and guaranteed our food and satisfaction or they would make it up to us!

I didn’t even really mind if the order was a little late, but it was nice to know that Blue Apron cared enough to reach out to me and take responsibility for something that wasn’t their fault. It was easy to contact Blue Apron as the phone number, email address, as well as a robust FAQ section is easily located on their website.

 

Cons and Disadvantages of Blue Apron’s 4 Serving Signature Plan

 

Con: Too Much Packaging

This may not be a con for some, but I didn’t like how much packaging came with all of the food. Although I understand that Blue Apron has to keep items like eggs safe, it was a disappointment to see so much plastic. I tend to buy almost all of my grocery items using reusable bags and jars, so of course my opinion may differ from yours.

 

Con: Food Can Be Bland

My family loves spice. We love our food well seasoned, so we choose our meals based on what sounded spicy or super flavorful. To our surprise, two of our three dishes were bland. Even I had to add quite a bit of salt to up the flavor of my dishes, which I normally don’t salt my food at all. For food that looked so tasty, I definitely expected more flavor. However, I do understand that Blue Apron had to find a happy medium with their level of seasoning.

 

Con: Portions Are Too Small

As with the other pros and cons for my Blue Apron family plan review, your opinion may differ from mine. For my family, I thought the portions were incredibly small for what Blue Apron was charging per meal , “as low as 7.99 per person.” When I first started unboxing our items, I thought the portions wouldn’t be enough, and I was right. My husband was usually hungry after each meal. Even I found myself grazing on food from the fridge after having dinner.

 

Con: Expensive

This brings me to my next and most important con for my Blue Apron family plan review. If your family normally spends an exorbitant amount on groceries every week, Blue Apron’s meal kits may save you money, but for us, it would cost more in the long run.  For a family of four, two meals per cost us $90.91. Even in today’s economy, $90 could get you a lot of groceries. Because I love saving money, and don’t want to spend a small fortune on food, this is one of the biggest cons that I had about Blue Apron’s meal kit service. 

Overall, I don’t think I would use Blue Apron again, but I do think they have quite a few perks that may appeal to others. If you want to invite me over for dinner though, I won’t object! It can never hurt yo give them a try at a promotional price or using a coupon code. Those tend to be more reasonable.

 

Pricing Tiers

As you purchase more servings of a recipe from Blue Apron, the price per serving tends to go down; the typical “buy more-save more” scenario. The frequency of deliveries also affects the final price. In general, the price per dish goes down as you add more meals to your order. As indicated in the screenshot below, five 4-serving meals for 5 days will cost $170.79.

 

blueapron

 

 

Blue Apron Military and Public Service Discount

Blue Apron takes pride in extending its support to various community members, including military personnel, healthcare professionals, , seniors aged 55 and over, students, teachers, first responders, alumni, and government workers. To claim your exclusive discount for new customers, you simply complete the verification process using ID.me. Right now as a token of their appreciation, Blue Apron is offering $110 off and free shipping on your first order if you fall into on the mentioned categories and verify your information through ID.me before placing your order.

 

 

 

Blue Apron Gift Cards and Coupons

 

blue apron gift card

 

To entice new customers, Blue Apron occasionally runs exclusive sales, discounts, and welcome offers. These can include complimentary add-ons or discounted prices for the first few weeks. If you’re interested in trying out the service, it’s a good idea to keep an eye out for such promotions.

Blue Apron provides Meal Gift Cards in increments of $70, $140, and $280. The recipients have the flexibility to apply a Meal E-Gift Card to any subscription meal plan or purchase from the Market section of the website or app.

In additional to the general gift cards offered, there is an option to purchase wine gift cards which can be applied to their wine subscription service. Wine gift cards also come in increments of $70, $140, and $280.

Blue Apron Gift Cards have no expiration date, no associated fees, but they are non-refundable.

 

How to Cancel Blue Apron?

If you wish to temporarily suspend or terminate your account, please visit your Account Settings and navigate to the Plan Settings page. Locate ‘Meals’ or ‘Wine,’ click ‘Edit,’ and then select ‘Pause/Cancel Subscription.’

You can choose to pause deliveries for 4, 6, or 8 weeks, or cancel your subscription. Make your selection and click ‘Next.’

Once you’ve confirmed by clicking ‘Pause My Subscription,’ upcoming deliveries will display a moon symbol indicating the pause. Deliveries will automatically resume when the pause period ends.

If you decide to cancel, a brief survey will pop up to gather feedback on your Blue Apron experience.

 

How to Pause Blue Apron Deliveries?

If for any reason you would like to skip deliveries, there is the flexibility to skip orders up to five weeks ahead. To skip a delivery, simply log in to your account, visit the “Upcoming” page, find the order you want to skip, and click the ‘Manage Delivery’ button next to the delivery date. Then, choose ‘Skip This Delivery.” This is a great option for users who would like to take a break from the meal kit delivery service or may be going out of town for a while.

 

Is Blue Apron Worth the Cost?

 

Quality and Variety

The standard of the ingredients and the range of recipes given are two of the most important factors to take into account when assessing Blue Apron’s value. A wide menu that takes into account a variety of dietary preferences and constraints is something Blue Apron takes great pleasure in. Subscribers like being exposed to new flavors and ingredients that they might not have otherwise explored. Each meal delivery kit service has their very own unique menu and you may prefer the choices offer by a Blue Apron competitor so this goes down to personal preference. 

 

Convenience and Time-Saving

Convenience is a major selling point for Blue Apron. The service does not require meal planning, ingredient shopping, or portion control. Even people with little to no experience in the kitchen can easily follow a recipe’s clear instructions. The time saved on meal preparation and grocery shopping can be extremely valuable for busy people or families.

 

Cost Comparison to Dining Out

It’s critical to compare the price of Blue Apron to takeout or dining out when determining its value. Even though Blue Apron’s cost per dish may be more than making food from scratch, it is frequently less expensive than going to a restaurant of a comparable standard. Additionally, cooking a dinner of restaurant caliber at home may be a very rewarding experience.

 

Reducing Food Waste

The pre-portioned ingredients from Blue Apron help prevent food waste because you only get what you need for each meal. In the long term, as there won’t be any wasted ingredients, this can be both economical and environmentally friendly.

 

Flexibility and Skipping Weeks

Blue Apron users have the freedom to skip weeks or halt their subscriptions, which is useful for vacations or other times when meal packages aren’t needed. This function makes sure you only pay for the weeks you intend to utilize the service.

 

Reviews and Customer Feedback

Customer testimonials and comments are crucial determinants of the value and satisfaction that Blue Apron provides. The Blue Apron App currently has an impressive 4.7/5 from over 39,000 reviews on the Apple App store.  Although opinions can differ, clearly by a large margin, users like the comfort, culinary experimentation, and overall experience that Blue Apron offers.  The following are some recurring topics that show up their reviews:

 

1. Convenience

One of the most notable benefits cited by Blue Apron customers is convenience. It saves them a ton of time since all the ingredients are delivered directly to their door. Reviewers frequently express their relief at not having to go grocery shopping as is customary. People with busy schedules are especially drawn to this convenience element because it spares them the stress of navigating crowded aisles and protracted checkout lines.

 

2. Cooking Skills Improvement

Many Blue Apron customers claim that the service has improved their cooking abilities. The pre-measured ingredients and thorough recipe cards offer a wonderful learning opportunity by exposing consumers to fresh ingredients and cooking methods that they might not have otherwise discovered. Blue Apron provides a simple platform for folks who aren’t comfortable in the kitchen to broaden their culinary experiences.

 

3. Family-Friendly Options

Particularly, families benefit from the Blue Apron service. The 4-serving plan’s accessibility makes it possible to create meals that can feed a large group of people, which can save a ton of time for households with hectic schedules. Families benefit greatly from the ability to prepare restaurant-quality meals at home while taking into account various tastes and preferences.

 

4. Variety of Recipes

One of Blue Apron’s strengths is frequently cited as its regularly changing menu of dishes from many cuisines and culinary traditions. Users value the chance to experiment with a variety of flavors without having to comb through cookbooks or look for specialized ingredients. In addition to making meals more interesting, this variety also inspires customers to try new ingredients and culinary techniques.

 

5. Portion Control and Reduced Waste

Reviewers generally support the idea of pre-portioned ingredients. By doing away with the need to measure ingredients, this function not only makes cooking simpler but also helps with portion management. As they only receive the precise amounts required for each dish, users frequently enjoy a decrease in food waste. This improves cooking efficiency and cost-effectiveness while also being ecologically friendly.

 

Final Considerations

It’s important to consider a number of variables as you decide whether to sign up for Blue Apron to make sure the service fits with your preferences, way of life, and culinary objectives. Here are some important things to think about:

 

1. Budget

Consider whether Blue Apron’s cost is in line with your budget before enrolling. Think about whether the price per dish fits your budgetary needs and eating preferences. While the ease and high quality of the components are enticing, it’s important to make sure that the cost is reasonable for your particular situation.

 

2. Culinary Exploration

If you’re a daring eater who enjoys experimenting with different dishes and ingredients, Blue Apron may give you a fascinating chance to broaden your gastronomic horizons. You may experience flavors and cooking methods that you might not have otherwise encountered, thanks to the menu’s variety.

 

3. Time Savings

Consider how much time and effort a Blue Apron subscription would save you. The preparation of ingredients, supermarket shopping, and meal planning can take a lot of time. With Blue Apron, you can take back that time and put it to use on things that are important to you.

 

4. Cooking Enthusiasm

Think about how you feel about cooking. Blue Apron may improve your culinary experience if you consider cooking to be a creative and fun hobby by giving you tailored recipes and premium products. The simplicity of pre-measured materials, though, can make the procedure more enjoyable if you don’t enjoy cooking or view it as a work. Think about how much time and effort you would save by signing up for Blue Apron. It can take a lot of time to prepare the components, go grocery shopping, and plan meals. You can reclaim that time with Blue Apron and use it for the things that matter to you.

 

5. Flexibility

Check to see if Blue Apron’s menus and flexibility suit your eating preferences and way of life. Some plans allow you to select alternatives that meet your needs while accommodating varying household sizes and food preferences. Additionally, within the constraints of the offered recipes, Blue Apron’s personalization options can assist you in adjusting the service to your preferences.

 

6. Dietary Preferences and Restrictions

Examine the various meal options before enrolling to make sure they adhere to your dietary preferences and any possible restrictions. Blue Apron does include vegetarian and wellness-focused menus, but it’s crucial to be sure the service can meet your individual requirements.

 

7. Commitment and Usage Frequency

Keep in mind how frequently you intend to use Blue Apron’s services. While some users choose recurring subscriptions, others occasionally utilize it as an addition to their meal planning. In light of your particular situation, decide whether the frequency of use justifies the expense and convenience.

 

8. Cancelation Policy

Learn about Blue Apron’s cancellation procedures. This information can provide you comfort if you choose to pause or cancel your subscription.

 

 

Conclusion

Your personal preferences, way of life, and financial circumstances will all play a role in whether or not you decide to subscribe to Blue Apron. Even while it might not take the place of every meal you prepare or eat out, Blue Apron might add something special and useful to your culinary exploration. Understanding the costs, advantages, and restrictions can help you make the decision that suits your preferences and needs, just as with any investment.

 

 

Read More

 

Self Lender Reviews: Building Credit With a Loan from Self Inc

| Leave a Comment

Self Lender reviews

Self-lending via credit builder loans has typically been programs managed by small community banks and credit unions. Self Lender or Self Inc as it is known today, is the first company to launch a nationwide, online Credit Builder Account, and has cemented itself into the credit-building loan market providing services to the masses via several digital financial services. Is Self the right option for your credit building journey?

 

About Self Inc.

Self Inc. is an innovative financial institution that can help build your credit and save money at the same time. With over 1 million users, Self Inc understands the struggles that many individuals face when trying to improve their creditworthiness. That is why they have created a unique platform that allows users to take control of their financial future by better positioning themselves when applying for credit.

By offering credit builder loans, Self Lender helps establish a positive payment history, while also locking away money for your future goals. With their easy-to-use Self App and personalized support, Self Lender takes the guesswork out of credit building, making it accessible and achievable for everyone without spending hundred or thousands on credit repair services that lack transparency.

 

Self Lender vs Traditional Credit-Building Methods

When it comes to building credit, there are various methods available. However, Self Lender offers a unique and effective approach that sets it apart from traditional methods. Unlike secured credit cards or credit builder loans offered by banks, Self Lender’s credit builder loans don’t require an upfront deposit or a hard credit check. This makes it accessible to individuals who may not have the means or credit history to qualify for traditional credit-building options. Additionally, Self Lender’s loans are specifically designed to build credit, whereas traditional loans may come with other requirements or restrictions. With Self , you have a dedicated partner on your credit-building journey, guiding you every step of the way.

If you meet the credit requirements, have the discipline, and looking for a credit card to build credit payment history and enjoy some additional card perks, I highly recommend the Chase Freedom Unlimited. You earn a $200 bonus after spending $500 on purchases in the first 3 months from opening your account. Other highlights are a 3% cashback on dining at restaurants, including takeout and eligible delivery services, drugstore purchases, and 1.5% cashback on all other purchases.

 

Self Credit Builder Account

We’re more familiar with credit building credit cards known as secured credit cards, but credit building loans have also been available through traditional banks such as LeadBank and financial institutions for years. They’re often called “CD-secured loans” or “savings-secured loans,” since they’re secured by a Certificate of Deposit (CD) or some other form of savings account.

By opening a Credit Building Account with Self Inc, you are commit to putting a certain amount of money into an account each month. Think of it as a CD account where your payments are reported to the three major credit bureaus (Equifax, Experian and TransUnion) in order to establish or build credit.  Why is this key to your credit building strategy? Well, credit payment history makes up 35% of your credit score. 

Key Elements

✅ Free to join Self Inc. One time $9 non-refundable fee to open a Credit Builder Account.

✅ Self’s bank partners (LeadBank, Sunrise Bank) lends you a small loan in the form of a FDIC-insured CD which is held until it is paid in full.

✅ You start repaying your Credit Builder Account the following month by making equal payments over the term of the loan.

✅ Your  payment history is reported to the three major credit bureaus, Experian, Equifax and TransUnion each month.

✅  When you pay off your loan, you will receive the funds you put in over the 24 month period minus the interest and fees.

✅ Account is available online or via Self App in all 50 states.

 

 

Self Inc Credit Builder Plans

Self Inc offers 4 different credit builder plans to fit your budget and credit goals.  Similarities among the 4 plans are the flat $9 administrative fee and 24-month term. 

Your final cost and interest rate will vary based on the specific plan you choose.

self lender inc plans

 

How Will Self Credit Builder Show up on Your Credit Report?

A Credit Builder Account will show up as a “secured-installment loan” from one of  Self Inc.’s bank partners such as Sunrise Bank.

 

 

Self Inc Banking Partners: Is Your Money Safe?

Self Financial partners with several banking institutions to provide a variety of credit building services. Credit Builder Accounts held in a Certificate of Deposit (CD) at one of these institutions below are FDIC insured. 

Sunrise Bank  –  Credit Builder Accounts

First Century Bank  –  Self Visa® Credit Card and certain Credit Builder Accounts

Lead Bank  – Secured credit card and certain Credit Builder Accounts

Atlantic Capital Bank  – Self Visa® Credit Card and certain Credit Builder Accounts

 

Closing Your Self Credit Builder Account Early

If you must complete an early withdrawal and close your account, you can cancel your account at any time as long as your account in good standing.  Before making a withdrawal request, login to your account and ensure your address and bank account information is up to date. This will prevent any delays in processing your request as it may take up the 3 weeks.

 

 

Self Lender Reviews: Is Self Inc the Answer to Your Credit Challenges?

 

Self Inc is fairly transparent with its customer reviews. As of August 2023, the Self App has 4.6 stars, 7000+ reviews and over 1 million downloads on the Google Play Store. On the Apple App Store, Self App also boast an impressive 4.9 stars from over 240,000 reviews.  Review portal Shopper Approved has Self Inc at 4.7 stars with over 2500 5-star reviews.

Some users have seen a big improvement in their credit scores; some show more modest gains. It is also not exactly clear when credit improvements kick in as many factors beyond Self’s control are at play here. In some cases, the benefits are immediate. In other cases, it takes could take 6-9 months to see improvements. While credit results may vary, Self Inc is a legit BBB-accredited financial technology organization that provide positive results to most of its customers. On average you can expect a credit score increase of 49 points.

One other important factor to consider is frankly, your personality. Some individuals perform better with an enforced method to improve their credit. However, if you prefer a more independent and flexible approach to your personal finances, their credit builder loans might not be the optimal option for you. Try this biweekly 26-week savings challenge instead. If you’re looking for extra income to keep up with your payments, there are a large number of side hustle opportunities out there. For examples, you can get paid to write articles and blog posts or even testing apps and writing reviews.

 

Late Fees and Penalties

Self Inc is not an accountability-free method of possibly increasing your credit score. You are still required to make your payments on time, and failing to do so can leave you in a state that is worse than when you started to use the service.

✅ A Late equivalent to 5% of your monthly payment amount is charged 15 days after payment due date.

✅ A late fee of 5% of your monthly payment amount if your payment is at least 15 days past due.

✅ Failed payment made via bank account will be charged a $15 return fee.

✅ Expedited payment charge is you make payments with debit card (charge will vary based on your Credit Builder Plan).

✅ A small fee less than $1 for closing your Credit Builder Account early.

 

Self Visa Credit Card

The Self Visa Credit Card is another financial offering by Self that is aimed at assisting individuals in building or repairing their credit. This secured credit card requires a refundable security deposit as collateral while allowing users to establish credit history responsibly. With a Self Visa Credit Card, cardholders gain access to the extensive network of Visa benefits, enabling secure online transactions with everyday purchases. By making timely payments and maintaining good credit behavior, users can gradually improve their credit scores It serves as a valuable tool for those seeking to build credit or recover from past credit challenges.

Once you are eligible for the Self credit card, you will receive a notification inviting you to sign up for the card when you login to your account. However, eligibility does not guarantee approval. To be eligible for the secured credit card through Self, you must meet the following requirements:

✅ Have an active Credit Builder Account for at least 3 months and have made at least 3 monthly payments on time

✅ Have reached at least $100 savings progress in your Credit Builder Account (after interest and fees)

✅ Have your Credit Builder Account in good standing

✅ A permanent US residency or citizenship with a Social Security Number

✅ Login and add your income and expenses to your account

 

Self Lender Phone Number and Customer Service Contact

Self Lender offers personalized support through their Self App, website, and customer service channels. If you have question or concerns about any of their credit building services, Self Inc.’s customer support can be reached at 1 877- 883-0999 Monday-Friday from 7am-6pm CT

 

If you’re looking to build slow and steady wealth, also check out Raisin for single sign on access to FDIC insured institutions offering high-yield interest rates above 5%. I like Raisin.com for its easy to use interface and access to multiple institutions to diversify your funds without creating multiple accounts across different banks. Click here and enter my referral code earlm014354 to earn up to $125 in bonus cash when you sign up and meet the deposit requirements.

 

Conclusion

Building your credit requires patience, discipline, and the right tools. There is no question as to whether or not Self Inc is legit. With Self, you have a trusted partner that can help you build credit and save money at the same time. Their credit builder loans are designed to establish a positive payment history, improve your credit score, and provide you with savings for your future goals. Whether you’re starting from scratch or rebuilding your credit, Self Lender’s user-friendly app and personalized support make the process accessible and achievable for everyone.

 

 

Ready to start building your credit? Apply at Self Lender today!

 

 

READ MORE:

What is the Biweekly 26 Week Money Challenge?

| Leave a Comment

 

Looking to have more control over your finances and put away more money? The Biweekly 26 Weeks Money Challenge, or the 26 Week Savings Challenge as it is sometimes called, is an excellent way to reach your saving ambitions. In this thorough guide, we will show you how to accomplish this challenge step-by-step and monitor your savings grow. this guide is suitable for all levels of saving, from novice to experienced, and is designed to keep you on track, motivated, and make the most of investing your earned money.

 

 

test app

 

 

How does the Biweekly 26 Week Money Challenge Work?

A year’s worth of savings can be achieved with the 26 Weeks Money Challenge, a straightforward but powerful savings method. The idea is simple: for 52 weeks, you save a certain amount of money each two-week period. You can build up your savings in a manageable and sustainable way by starting small and gradually increasing it each week.

First, you will decide on an initial savings amount. This could be as low as $1 or as high as you like, but be realistic. The key is to pick an amount that is suitable for your financial circumstances . After determining your initial savings amount, you’ll follow a predetermined schedule that outlines how much you need to save each week.  Here’s an article on how to save 10,000 using the biweekly 26 week money challenge. 

The schedule typically follows a pattern during which you increase the savings amount incrementally every two weeks over a one year period. You may begin by saving $2 for the first two weeks, add $4 for the next two weeks, add another $6 for the third two weeks, and so on. In this case, you are incrementally adding $2 on your previously added savings amount per two-week period.

While not a Money Challenge, Self Inc offers a Credit Builder Account which allows you to build your savings and credit score at the same time by reporting your monthly deposits to the 3 big credit bureaus; Equifax, Experian, and TransUnion. The average user who make on-time payments can expect to see a credit score increase of 49 points. 

 

write blog posts

 

Benefits of the 26 Week Money Challenge

There are many benefits to the biweekly 26 week savings challenge that will improve your financial situation and achieve your savings goals. Here are some advantages:

  • Builds discipline and consistency: The challenge requires you to save money consistently over a long period of time. By sticking to the schedule and saving each week, you’ll develop discipline and create a habit of saving. This can help you make smarter money decisions and keep your overall financial goals at the forefront of your mind when making purchases.

 

  • Help boost your savings by a large amount: Over the course of the challenge, the savings amount gradually increases, allowing you to accumulate a substantial sum of money if you’re consistent. By the end of the 26 week period, you’ll have boosted your emergency fund, savings account, or any other financial goal you have in mind.

 

  • Encourages financial awareness: The Biweekly 26 Weeks Savings Challenge requires you to track your progress and stay engaged with your finances. This increased awareness can help you identify areas where you can cut back on expenses, find opportunities to save more, and make better financial decisions overall.

 

 

 

Variations of the 26 Week Savings Challenge

The beauty of the 26 Week Money Challenge is that it can be customized to suit your preferences and financial situation. If you cannot adhere to the rules of the basic 26-week challenge method doesn’t resonate with your personality or budgeting goals at the time, there are other variations you can try. Here some of the more popular ones:

  • Simple 26 Week Money Challenge: This method uses 26 weeks or 6 months rather than a full year. Good for working towards a short-term goal or for individuals who are paid on a weekly basis and able to contribute more often.

 

  • Reverse 26 Week Money Challenge: In this variation, you start with the highest savings amount and gradually decrease it each week. This can be a great option if you want to front-load your savings or if you anticipate having more financial flexibility in the earlier weeks.

 

  • Double-Up Challenge: If you’re up for a more aggressive savings approach, you can double the savings amount each week. While this requires a higher level of commitment, it can result in significant savings by the end of the challenge.

 

  • Customized Challenge: Feel free to create your own version of the challenge that aligns with your specific goals and financial capabilities. You can modify the savings amounts, duration, or even add personal milestones along the way. The key is to make it work for you.

 

 

Tracking your progress during the 26 Week Money Challenge

Keeping track of your progress is essential to stay motivated and accountable throughout the 26 Weeks Money Challenge. Here are some effective ways to track your savings journey:

  • Use a savings tracker: Create a visual representation of your progress by using a savings tracker. This can be as simple as a spreadsheet or a dedicated savings tracking app. Update it each week to see how much you’ve saved and how close you are to reaching your goal. A clean copy of the free printable 26 Week Money Challenge PDF worksheet  can be downloaded here.

 

  • Celebrate milestones: Break down the challenge into smaller milestones and celebrate each one. For example, after saving for 10 weeks, treat yourself to a small reward or indulge in a favorite activity. Celebrating milestones can help maintain motivation and make the challenge more enjoyable.

 

  • Share your progress: Consider sharing your progress with friends, family, or even on social media. This can create a sense of accountability and support. You might even inspire others to take on their own savings challenges.

 

write blog posts

Ways to stay motivated during the 26 Week Money Challenge

Staying motivated throughout the 26 Weeks Money Challenge is crucial for success. Here are some strategies to help you stay on track:

 

  • Visualize your goals: Create a visual representation of your savings goals. This could be a vision board, a picture of something you want to save for, or simply a written statement of what you hope to achieve. Keep it somewhere visible as a constant reminder of why you’re taking on the challenge.

 

  • Track your progress visually: As mentioned earlier, use a savings tracker to visually track your progress. Seeing your savings grow week by week can be incredibly motivating and reinforce your commitment to the challenge.

 

  • Find someone to keep you accountable: Share your goals and progress with a trusted friend or family member. Having someone to hold you accountable and provide support can make a significant difference in staying motivated. You can check in with each other regularly to share updates and offer encouragement.

 

  • Reward yourself: Set up rewards for reaching milestones or achieving specific savings targets. Treat yourself to something you enjoy or have been wanting as a way to celebrate your progress. Just make sure the rewards align with your overall financial goals and don’t derail your savings efforts.

 

 

test app

 

 

Conclusion

Remember, the key to success in setting realistic goals, staying disciplined and consistent, and finding ways to stay motivated throughout the journey. With the right mindset and the tips, strategies, and resources provided, you’ll be well-equipped to make the most of the 26 Weeks Money Challenge and transform your financial future. The challenge is just one tool in your financial arsenal. Continue to build upon this success by setting new goals, exploring other savings strategies, and making smart financial decisions that align with your long-term objectives.

 

 

Read More:

 

 

Is Cash App Safe? 6 Steps to Protect Your Money From Scams

| Leave a Comment

In 2022, Cash App experienced a data breach which affected more than 8 million users. It is nearly impossible to completely remove risk when conducting electronic funds transfers regardless of the use of cutting-edge encryption and fraud detection technology that Cash App implements to keep users’ funds safe from scams and other fraudulent activity.

From data breaches to glitches, here are 6 steps to take to reduce the likelihood of being a victim of fraud or any kind of unauthorized access:

  1. Regularly monitor your Cash App account. Stay vigilant by regularly checking your Cash App account for any suspicious activity or unauthorized transactions. Report any discrepancies or concerns to Cash App’s customer support immediately.

 

  1. Use two-factor (2FA) or multi-factor (MFA) authentication to add an extra layer of security to your account. This will require you to verify your identity using another email, a phone number, or another form of verification method you agreed to.

 

  1. Create strong passwords. Do not use weak passwords that can be easily guessed using your public personal information.  Avoid using the same password for multiple apps and email accounts.

 

  1. Keep the app updated. Turn on auto updates if you do rather not check for updates on a regular basis.  Missing updates containing security and bug fixes may leave you vulnerable to security breaches.

 

  1. Don’t fall for phishing scams. Look out for attempts to trick you into disclosing your personal information. Avoid clicking on suspicious links or providing even basic contact details to unverified sources.

 

  1. Do not install apps from unknown sources. We often go down a rabbit hole looking for an app to execute a unique task or add a feature to our smart devices. You can use Google Play Protect to checks your apps for unusual behavior.

 

How to Report a Cash App Glitch or Unusual Activity 

If you encounter unusual activity or suspect that your account may have been compromised due to a scam, report the issue to Cash App’s customer support immediately.

To report a glitch, visit  the Cash App support center within the app or visit their official website. Provide a detailed description of the issue, including any error messages or unusual behaviors you experienced. Attach relevant screenshots or transactions to support your claim.

 

Is your Cash App Balance FDIC Insured?

For your Cash App balance to be FDIC insured up to $250,000, you must have a Cash Card, or are a sponsor of any active sponsored account. Cash App also states that Bitcoin and investment balances are not insured by the FDIC.

Keep in mind that being FDIC insurance does not mean your account is protected from fraud on individual transactions. FDIC insurance covers your funds up to $250,000 in an event where Wells Fargo, the bank holding your Cash App balance, goes out of business.

There are other avenues for holding individual cases of fraudulent activity or scams.

Self Inc also offers a FDIC insured Credit Builder Account which allows you to build your savings and credit score at the same time by reporting your monthly deposits to the 3 big credit bureaus; Equifax, Experian, and TransUnion.

 

Is Cash App Safe?

You may be wondering whether or not Cash App is safe considering the large number of scams out there as well as the possibility of a security breach. Rest assured that Cash App is relatively safe and there is a very low chance of you being a victim of a Cash App exploit if you take the 7 steps above.

Block Inc, formerly Square Inc., and owners of Cash App, meets the international standard for managing information security as indicated by their ISO 27001 certification. They also utilize industry-standard cryptographic protocols and message formats such as SSL/TLS and PGP to transfer data.

However, safeguarding your Cash App account data as if it was your very own bank account add an extra layer of protection.

 

Read More:

How Often Should You Review Your Budget?

| Leave a Comment

Budgeting can be a huge pain, especially if it seems like you are constantly revisiting it. I feel like we are constantly examining our budget for places to trim and save more money. Even if you’re not in the midst of a financial crisis, you should review your budget on a regular basis to make sure you’re accounting for changes and saving as much as possible. So, how often should you review your budget?

how often should you review your budget

1. When There’s a Major Shift in the Overall Economy

Before we get into the periodicity of budget review, the most important time to review your budget is when there are uncontrollable economic changes that will affect your spending power. We are in unprecedented financial times where inflation can eat away at your income without notice. If you’re waiting for your periodic budget review to catch the impact of economic changes, you may be heading for increased debt.

 

2. When There’s a Change in Your Finances

You should absolutely take a look at your budget whenever there is a major change in your personal financial situation. So, you’ll want to review your budget when you’ve gotten a raise, lost income, or paid off debt. If there’s a major change in cash flow, you’ll likely need to make major changes to your budget which may be for the better. For individuals with a bit more disposable income, you’ll want to increase your savings and retirement investments. Consider opening a Webull account where you can invest for free. They even offer an IRA options and a wide variety of research tools to for beginners to reduce risk.

If you have lost income due to a pay cut, working less hours, or encountered a period of unemployment, you’ll want to trim unnecessary costs immediately in order to save money. Having liquid savings is crucial in debt reduction as it prevents us from falling into the hands of predatory lenders. First comes debt, and then goes your credit. The latter leads to even more debt.

 

3. Monthly

We are currently looking at our budget on a monthly basis because we need to identify places to trim constantly. Many others take a look at their budget on a monthly basis as well, especially if they are attempting to pay off debt. The best time to do this is generally at the end of the month. Take a look at the previous month’s budget and determine how well it worked for you and your family. Adjust certain aspects of your budget as needed. Here are 3 printable debt free charts to help track your budget.

4. Quarterly

Another great way to review your budget is quarterly. Many of us make financial goals at the beginning of the year. Revisiting those goals, and your budget, every three months can help you stay on track. It can also help you review where you may be able to trim costs on a larger scale. For instance, if you notice you’re spending a lot on entertainment the first quarter of the year, you can make a concentrated effort to scale back in the second quarter.

 

5. Biannually or Midyear

You should always take a look at your budget at the 6-month mark of the year. Did you make financial promises to yourself as a New Year’s resolution? Budgeting and better financial management are on the country’s the top 10 list of New Year’s resolutions. You’re at the halfway mark and this is the time to see how well you’ve been budgeting for the first half of the year. Another benefit to a midyear budget review is acknowledging the incoming heavy spending periods; summer vacation, back-to-school, Thanksgiving, and Christmas. If you have never conducted a personal midyear budget review, here is a great article on how to conduct a midyear budget review.

 

5. Annually

Some people thrive on an annual budget and only review it throughout the year if there is a major change in their finances. For me, this simply wouldn’t work, but if you are already debt-free and have a great savings plan in place, an annual budget review may work for you. Consider investing in dividend paying stocks.  However, keep in my that even the most profitable companies in the world conduct at least quarterly budget reviews. A lot can happen in the span of 12 months. You may be missing out on opportunities if you fail to identify budget challenges or additional savings and investment potential early on.

 

6. Conclusion

If you’ve ever asked yourself how often should you review your budget, you’re not alone. It is a question I’ve struggled with occasionally. Keeping constant tabs on your finances can be exhausting but the financial freedom it can lead to is motivating! Budgeting is never a once size fits all situation so I suggest you try starting with a monthly budget review then decrease the frequency depending on your budget spending and income variations.

Readers, how often do you review your budget? 

Read More

Why You Need A Personal Mid-Year Budget Review and 5 Steps to Take Now

| Leave a Comment

 

The Mid-Year Financial Checkup: Do You Need One for Your Budget?

Congratulations, you’ve made it to the halfway mark of 2023. From multiple claims of UFO sightings to the OceanGate tragedy being the biggest news story of the year so far, 2023 was certainly off to a wild and unpredictable start. Home prices are still through the roof, knock on hardwood, and the average cost of a new car is edging towards $50,000. We were told by the experts to expect lower interest rates and lower prices in 2023, but here we are.

Not much has changes in the overall economy, so now is the time to ensure that our budget goals are still on track considering the current financial climate. The earlier you catch areas in your budget that are primed for improvement, the better. We are now looking towards back-to-school season, Thanksgiving, and Christmas. It is likely that your carefully devised budget plan that got you through the first half of the year will not be feasible going forward. Here are 5 budget and debt reduction actions you should take to finish the year strong.

 

1. Celebrate Your Budget Wins

Start with these funny debt free quotes. Whether you started out with a new year’s resolution or circumstances forced you into a slightly unfavorable penny-pinching situation, it is imperative that you identify, and bask in the glory of your progress. Going out less? It’s a win! Stop opening those “60% Off Everything” emails from your favorite online store? Certainly a win. If you’re having trouble identifying a tangible financial win, take this opportunity to pat yourself on the back for taking the first step in seeking out a better approach in managing your finances. After all, it is not about being perfect, it’s about being better than you were yesterday.

 

 

 

2. Identify New Challenges

There are some elements in life that are just beyond our control. Monitoring your budget variations over time is as important as the execution. Recognizing and categorizing new challenges early on can prevent budget overruns and headaches from backtracking to figure out why your goals aren’t being met. For example; a new upcoming toll road will be part of your daily commute starting in a few months. Are you close to the end of the lease on your residence? There is a high chance that your landlord will raise the rent under the premise that they’re experiencing the challenges of inflation as well. Snow tires? The list goes on. Costs such as daycare, insurance, gas, and general inflationary increases are challenges that should be monitored and accounted for when implementing a preemptive approach in managing your budget.

 

3. Reallocate Funds As Necessary

One of the most important elements of budget management is reallocating or moving your funds around to stay within your budget lines. Let’s somewhat apply the theory that for every action there is an equal and opposite reaction. If one of your budget categories are seeing frequent overruns, see where that value can be recovered in another category. If you are unable to stay within budget, there is a high chance that one or two items on your list may be the culprit. Use a printable debt free chart or a budget management excel spreadsheet to give a clear visual of how your spending is being allocated. Color code the items that are close to, or beyond the budget limit. Another option is to use our free printable debt free charts. Cutting back or completely giving up on the items you love will certainly be a challenge, but no one said this would be easy.

 

 

 

4. Reassess Your Budget Goals

Are your budget and debt reduction goals still realistic? Maybe the frugal budget plan you implemented is leaving you with a bit more spending power than expected at the end of the month. Now is the time to pivot and adjust accordingly. If you aren’t meeting your saving or spending goals, don’t be hard on yourself if you can prove that you did the best you could with your current financial resources. Sometimes the numbers just don’t work. However, this is not an excuse to ignore opportunities for improvement. The greatest stories of financial freedom often start with a period of sacrifice, so stay focused as there is light at the end of the tunnel.

If the budget you created is providing great results, and your hard work is paying off in the form of additional funds being available for use, the last thing you should do is reallocate your leftover capital to more spending. Yes, it can be tempting, but keep your eyes on the prize – financial freedom. Think long-term, separate the needs from the wants, and find ways to let your money work for you.

Webull offers transparent and commission-free trading coupled with a wide variety of trading tools for beginners and experienced trader alike. They also offer fractional shares which allows budget-friendly traders to own fractions or small pieces of their favorite high prices companies. Another option is investing in dividend paying stocks. One of the few consumer benefits to higher interest rates is financial institutions offering higher yields on savings, checking, and certificate of deposits (CD). If you’re not comfortable with investing in the rollercoaster of a stock market, today you can safely find more banks offering 4%+ interest rates on savings accounts, and higher than usual rates on checking accounts.

 

budget review debt reduction

 

5. Renew Your Commitment To Yourself And Loved Ones

This may be a permanent lifestyle change, or a plan to get out debt. Maybe you’re saving for a big purchase, or to start a business. Whatever the case, take this time to reflect and remind yourself why its important that you weather the storm and continue on your journey to financial freedom. Write down your plan if you need to, and place it in area where its highly visible. Sometimes we can be our biggest critic, so get your biggest cheerleader friends involved to keep your grounded and motivated. Here are 4 daily habits to keep you motivated and put a dent in your debt.

It’s one thing to try and budget when you’re on your own, but it’s a more complicated challenge when you’re the head of household or the one managing the finances for the family. Communication is key here. Gather everyone around to discuss the family’s financial goals, and how you plan to achieve them as a team. Do not make it a lecture. Avoid the “back in my days” stories, and never present it in a way that will have your family feeling as if they’re being punished. Use this time to educate the young ones on the value of money and the importance of budgeting so they will have the tools necessary to succeed in the future.

 

 

 

Read More:

How to Create a Bi-Weekly Budget

| Leave a Comment

bi-weekly budget

There are a number of budgeting methods out there. Thankfully, you can always cater your budget to what your current needs are. For the most part, people find it easiest to set up their budget around when they get paid. Because many people get paid bi-weekly, the bi-weekly budget set up is the most common. Here’s how to set one up.

Different Budgeting Methods

When it comes down to it, there are five different types of budgeting methods to choose from. Depending on where you are in your personal financial journey, each has its perks.

  1. Line item budget: This type of budget is what people generally think of when they imagine a budgeting system. Think excel sheet with different expenses on each line. A line-item budget can be detailed and is generally good for beginners to get an idea of their expenses and incoming cash.
  2. Proportional budget: Proportional budgeting has you divide your budget into three main categories: needs, wants, and savings. Then you assign a percentage to each category. Typically, your needs and savings should be the highest percentages while you keep the “wants” relatively low.
  3. “Pay yourself first” budget: You’ve probably heard personal finance blogger after personal finance blogger telling you to pay yourself first. This budgeting method is built around that idea. You decide that you are going to save a certain percentage of each paycheck, let’s say 25%. Then you build the rest of your budget around what is leftover.
  4. Envelope budget: The envelope system is pretty old school. To do this, you have a set amount of money designated for each budget category and you put that cash into envelopes. In the digital age, you can do this by setting up different “envelopes” via online banking. The goal of this method is to make the cash in each envelope last throughout the entire month.
  5. Zero-sum budget: The zero-sum budget is what we will be looking at for our bi-weekly budget setup. At the end of each month, you will have spent all of the incoming money you have. Now, that doesn’t mean you will be spending frivolously. You will still have a line for savings and potentially even your investing contributions.

The Bi-Weekly Budget

So, how do you set up a bi-weekly budget?

Depending on your own personal needs, a bi-weekly budget may not work for you. You may benefit from a weekly or monthly setup more than bi-weekly, especially if you get paid more (or less) often. For us, we have our main income come in every two weeks and we set up a zero-based budget to make the most of those paychecks. Here’s how we set it up…

  1. First, print out a calendar or buy a planner. We use a planner for ours. This makes things more visual.
  2. Start plugging in your expenses to the calendar. Think about what expenses you have each month and how they are divided up throughout the month.
  3. Take varying expenses into account as well. If you have regular recurring expenses that aren’t on a monthly basis, make sure you take note of them and plan for them accordingly. The best way to do this is to set money aside into a sinking fund for these.
  4. Save! You should always have a line item for savings. Whether you are building an emergency fund or sinking funds, save some money out of each check and put it in your budget.
  5. Track your spending. Once you have what you think is a good budget in place, begin to track your spending to be sure your budget is accurate and will work for you.

Choose What Works For You

The last item in setting up a bi-weekly budget is possibly the most important. You have to choose a budgeting method that will work for you. Track your spending and get familiar with your finances. Doing this will ensure you are being realistic in your expectations. Similarly, if you are paid on a weekly or monthly basis, a bi-weekly system may not be the best option for you. Take all of your personal needs, financial goals, and expenses into account to find the best budgeting method for you.

Readers, what budgeting method do you use?

Read More