The COVID-19 pandemic has triggered the highest unemployment rate (14.8% in April 2020) since the Great Recession. Millions were out of jobs and struggled to make ends meet. As states eased restrictions and began to reopen, the economy has geared up to return to the pre-pandemic normal. More than a year has passed since then, … Continue reading Be Wary about Job Scams that Promise You Quick Ways to Wealth
I recently bought a Boden sweater for less than $10. No, I did not find my bargain at a local goodwill or thrift store; in fact, I bought a brand new sweater shipped directly from Boden. Even though I cannot guarantee the strategies stated below are going to land you the same deal, they can … Continue reading How I Spent No More than 10 Bucks on a Boden Jumper
The coronavirus pandemic has made us more reliant on online shopping than ever. According to the latest Digital Commerce 360 analysis, consumers in the U.S. spent $861.12 billion online in 2020, up 44% from $598.02 billion in 2019. Statewide lockdowns and fear of contracting the virus deterred consumers from visiting brick-and-mortar stores, resulting in the … Continue reading How to Use Cashback Monitor to Maximize Your Savings
Is a Private Kindergarten Worth it? Back in January, one of my clients on Fiverr asked me to proofread and edit his written responses for his daughter's private school application. They were interested in applying for 'lolani School, which is known as the "best private K-12 school in Hawai'i." The application consisted of four parts, … Continue reading Your Kindergarten Classroom May Impact How Much You Earn, Study Suggests
Many stay-at-home moms (and stay-at-home dads too) leave the workforce to raise their children. Some of them choose to do so to be more involved in their children's upbringing, and others for financial reasons, such as the high cost of childcare. More recently, many working moms are staying at home temporarily to care for their … Continue reading How to Make Extra Money as a Stay-at-Home Mom
Why Target? I have become a fan of Target lately. At first, I only shopped for baby products (e.g., diapers, baby food, toddler clothes and shoes) at Target. It makes sense to shop there for those things--it is a one-stop shop for all of them, and products are priced fairly. However, when I examined my … Continue reading Five Money Saving Tips for Shopping at Target
Ever since we started this blog, I have been tirelessly promoting the importance of wealth management at an early age among our friend circle. However, whenever I mentioned the stock market to my immigrant friends, I often received an interesting reaction--they either assume that investing can wait till they are more established or profess complete … Continue reading How Do Immigrants Invest? The Financial Decisions of Immigrant Households
According to USDA's most recent report, Expenditures on Children by Families, 2015, otherwise known as "The Cost of Raising a Child," the estimated clothing expenditures on a child could be as high as $960 per year for a married-couple household with less than $59,200 of before-tax income. In fact, the report also points out that … Continue reading Five Places to Look for Used Kidswear
My childhood aspiration for adulthood was almost immediately dashed as soon as I reached adulthood. Being an adult is so hard! On top of forging a successful career and handling real-life responsibilities such as taking out the trash and folding laundry, I had to learn the ins and outs of managing my own finances, making … Continue reading Five Money Mistakes to Avoid in Your 20s
On average, food costs are the third largest monthly expense for households, according to the Bureau of Labor Statistics, following only housing and transportation costs. Average food expenses per month in 2019 were $680.75, and of that, $386.92 came from grocery bills. That accounts for 5.6% of the average monthly income or 7.4% of the … Continue reading Five Tips to Reduce Your Grocery Bill
Cozy Nest Egg 