In today's world, with costs rising and your paycheck not drastically increasing each few months, it can be tough to save money. Pinching your pennies may go so far, but there are some simple changes that you can make in the meanwhile that can help you save even more. We'll deliver some simple, helpful financial planning tips that can allow you to get back on the track to being ahead with your budget.
It's a surprisingly common position to be in: You finally achieve the impossible (or at least what seemed impossible for a long time) and become debt-free, but instead of feeling financially empowered, you have a deer-in-the-headlights episode. You're so accustomed to being in debt that you don't quite know what to do without it.
If the average twenty-something has somewhere around $25,000 of debt to their name, then I must be a highly unique member of the millennial generation. I graduated from Kennesaw State University, a fast-growing school in the suburbs of Atlanta, in 2011. It was the same year that the total amount of student loan debt in the U.S. reached a whopping $1 trillion, but when I graduated, I did so as a completely debt-free individual.