A letter bearing the seal of the Social Security Administration arrived toward the end of spring. James was afraid to open it. A 34-year-old with cerebral palsy, he depends on Social Security disability benefits for the majority of his income. The benefits cover his rent and bills each month. But it’s not enough to live on, so he supplements it with side gigs like DoorDash, Instacart and other delivery apps.  It’s a difficult, frustrating balancing act, trying to work enough to maintain independence — but not so much that his benefits are cut off. It’s also suffused with fear. James talked to The Penny HoarderRead More →

Poor, hungry college student. Many of us have been there. It’s kind of funny how normal that seems to us, the fact that young adults are going to school and living on minimal income or savings. In reality, that’s the way it’s going to be. College costs a lot of money, and young people usually don’t have a lot of money. Many college students struggle to live within their means. This can lead to even more debt on top of student loans or students depriving themselves of necessary items. Luckily, there are some ways to help you live within your means. Rent Rent is somethingRead More →

In 2014, Dawoon Kang and Sara Margulis found themselves on the receiving end of piercing stares and prodding questions from five of the most famous investors in the U.S. They were contestants on “Shark Tank.” Kang and her two sister-cofounders, Soo and Arum, were pitching their 2-year-old startup, Coffee Meets Bagel. It’s is a dating app that positions itself as an alternative to swipe-right culture and a champion of slow, meaningful dating. Margulis and her husband, Josh, were pitching Honeyfund, a leading wedding-gift and honeymoon registry website — a brainchild based on their own honeymoon experience. They all looked slightly terrified, but none of themRead More →

Debt consolidation is one way of solving a multiple debt situation, and, as you would expect, there are several types of debt consolidation loans, each with its own pros and cons. If you have several monthly loan repayments to make and are finding it difficult to make the payments, debt consolidation might just be the answer. Bill Consolidation This is often referred to as credit counselling, whereby a debt management plan (DM) is put together. The credit counsellor will negotiate some concessions, such as lower interest rates and financial penalties with your creditors, and this leaves you with a single affordable monthly payment. This typeRead More →

We’ve got news: Your grocery receipts are a lot more valuable in your hand than in the trash.  Now, I’ll be honest… I’ve crumpled more receipts than I could ever count. I used to save them all, but the inside of my wallet started looking like something George Constanza would be proud of.  Once it got out of hand (like having years-old receipts…), I resorted to tossing them. Here’s why that was a mistake: Cash-back apps make it extremely easy to earn rewards for making purchases you were already going to make — and all you need is a receipt. 8 Apps That Will PayRead More →

If you live in a major city, you’ve likely heard of BoltBus and Megabus, as well as their rock-bottom $1 bus tickets.  Both companies make money by charging more for premium schedules, meaning you can score a deal on seats they are trying to fill during off-peak times. How to Get $1 Bus Tickets But how do you get your hands on one of those blink-and-you’ll-miss-them bargain fares? Follow these tips to grab the lowest-priced tickets.  1. Pick Your Route Before you start saving, make sure these carriers take you where you want to go. Megabus offers stops in 34 U.S. states. It also offersRead More →

A tradeline is what banks often call “a line of credit.” The term tradeline refers to any accounts listed on your credit report. Credit cards are one of the most popular tools to build wealth. However, irresponsible people have misused them to accumulate high-interest debts. If you understand the rules, you can use your credit card so that you never run out of funding. Your credit cards and loans are separate tradelines in your credit report. If a creditor buys an account, then a new tradeline is formed. Credit score companies use the tradelines on your credit card to calculate your credit score. If youRead More →

Using an Oculus Rift headset to experience a day-in-the-life of an aerospace engineer at the International Space Station. Testing a cross-stitching technique on an industrial-sized sewing machine. Designing a blueprint of a panini-slinging food truck. Projects like these and more are likely happening in your community, right now, in free-to-use workshops built to cultivate creativity, invention and even spark entrepreneurship. Ever wanted to try your hand at selling crafts online but didn’t want to shell out hundreds of dollars in overhead costs? There’s a solution for that. Makerspaces, they’re called. And hundreds of them are popping up around the nation. What Is a Makerspace? ARead More →

After two years of following a doctor around the office as a medical assistant, Raina Diaz was ready for a change. “I wanted to be part of the back end of the medical field,” says Diaz, 47, of St. Petersburg, Florida. She enrolled at her local state college, where she learned that becoming a medical coder could be a way of staying in her field without being on the front lines. Now as a certified coder she analyses clinical statements and assigns standard codes using a classification system.  “I like the solitude, keeping busy reading the reports and figuring everything out,” says Diaz, who specializesRead More →

So it’s the night before your big job interview. You’ve done your due diligence researching the company, the position and the people conducting the interview. But how will you respond when the hiring manager asks, “Do you have any questions for me?” This portion of the job interview is a fantastic way to make a lasting final impression and to set you apart from the other candidates — or it can blow your chances of receiving an offer. We asked some hiring managers for the best and worst job interview questions to ask during the interview process. Here’s what they told us. The Best JobRead More →