Home > Author Archives: Kayla Sloan

Author Archives: Kayla Sloan

Kayla is a mid-20s single girl living in the Midwest, USA. She is focused on paying off her consumer and student loans, while simplifying her life and closet. You can join her on her journey at ShoeaholicNoMore or follow her on Twitter.

How Second Guessing Yourself Can Save You Money

How Second Guessing Yourself Can Save You Money

Although not everyone would agree with this statement, second guessing yourself can be a double edged sword.  Most people would say that it shows a lack of confidence at the very least. But, second guessing yourself can also result in missed job opportunities due to difficulties with decision making. This, in turn, can lead to making a lower income as well as leading a less comfortable life. The flip side is that second guessing yourself can save you money. Here’s how. Deters Impulse Spending One of the ways second guessing yourself can save you money is through deterrence of impulse spending. Instead of buying something the moment you want it, second guess yourself and wait a couple of days. Often, allowing just a few hours to pass can end the urge to buy the item you thought you had to have. If you let a few days pass you may find you’ve forgotten altogether about making the purchase. Discourages Debt Second guessing yourself can save you money by discouraging the build-up of debt. All those impulse buys add up over time and many people charge them to their credit cards. However, stopping to think about whether or not your purchase ...

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Should You Downsize and Rent Your Bigger House?

Should You Downsize and Rent Your Bigger House?

Living in a smaller home is a popular concept that addresses the idea of less is more. Those who wish to live a simpler life with less “stuff” have embraced it with gusto. But of course, having less stuff isn’t the only reason people downsize. It could be from a desire to live in a more environmentally friendly way. Or, the reason for living in a smaller home could be financial in nature. No matter the reason, should you downsize and rent your bigger house? Pros: According to the US Census Bureau, the average size of a new single family home in 2016 was 2,640 square feet. That’s a lot of house you could rent to someone else for some very positive reasons. Less Stuff One of the obvious reasons you should downsize and rent your bigger house to someone else is to have less stuff. The less stuff you have the less you have to maintain, clean, and replace. Have you ever donated items or held a garage sale? The process of going through your stuff to let some of it go can be very freeing. If you weren’t using the items anyway you may as well generate a ...

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4 Alternative Ways to Show Love this Valentine’s Day

4 Alternative Ways to Show Love this Valentine’s Day

How many ways can you say, “I love you”? I’m sure if you were to count all of the words and phrases that could potentially be used there would be hundreds. For instance you might say to someone, “You are my everything,” or “You are the other half of my heart”. Certainly these words make a statement of your true love for someone. Of course, loving acts can say as much as words. You could help the one you love by doing extra chores around the house. Or, cook their favorite dish for a meal even if it isn’t your favorite. Any of these can show how much you care for someone. But you can also use alternative ways to show love this Valentine’s Day. 1. Overhaul Your Budget If you haven’t gotten around to revising your budget for a while, now is a good time to get it done. This is one of the alternative ways to show love this Valentine’s Day. Sure, it’s not as glamorous as an expensive meal at a fancy restaurant or a bouquet or red roses. However, it can still show those you love that you care deeply for them. After all, part of ...

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4 Ways to Tell a Side Hustle from a Scam

Have you ever fallen for a side hustle scam? Here are few signs that the side hustle you've signed up for isn't actually legit and trying to scam you out of your money!

There are lots of reasons for people to take on a side hustle. They may have a large bill come up that was unexpected. Or, perhaps they simply made some bad financial choices. But if you need to take on an extra job to pay your bills it can be a bit depressing. You may get discouraged or feel like a total failure. As if that isn’t bad enough, you may end up getting scammed in the process if you aren’t careful. Fortunately there are a few ways to tell a side hustle from a scam. 1. Promises to Make Huge Sums of Money When a job sounds too good to be true it probably is. Trust your instincts. Many jobs that promise to make you huge sums of money right off the bat are scams. Some of these scams are not too hard to identify. But not all are as easy to spot. They could be advertised as ways to work from home and make lots of money. In truth, some work at home jobs are completely legit. But you must be able to discern the real ones from the fake ones. What sometimes happens is that you are ...

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5 Top Money Tips for Women

money tips for women

It is said that money rules the world. I don’t know if that is true or not, but it does seem to rule relationships. It can cause disagreements and even divorce or separation when opinions differ about how finances should be handled. Women who are married are almost always at a disadvantage to their spouses or partners when it comes to money. Their husbands usually make more and oftentimes control the money in the relationship. As a result, women get less exposure to handling finances, investing, and saving. Regardless of the reasons women don’t manage money as often as men, they do need to correct the issue. One way is to do this is to use these money tips for women. 1. Make Your Own Money If you are married, one way you can keep marital bliss is to make your own money. That way even if a portion of it goes toward the household bills you still have some money for your own use. For instance, let’s say something happens to your spouse and he can no longer work. If you have a job already, maybe you could ask for more hours to help cover expenses. Or, you might ...

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