Home > Author Archives: Kayla Sloan (page 10)

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.

The High Costs of Sleep Deprivation

sleep deprivation

Have you ever given up sleep so you could see the end of your favorite television show or finish a project for school or work? Maybe you’ve given up sleep in the name of making more money with your side hustle. If so, you are not alone. I’ve done that too. In fact, one of my favorite sayings use to be “I can sleep when I’m dead.” I’ve stayed up late for each of those reasons at different times. But the truth is, if you have missed out on sleep, it doesn’t really matter the reason because the effect is still the same. Lack of sleep can have negative impacts on your life if you make a habit of it. It can affect many things that will in turn effect your finances with a domino effect. Here are some of the high costs of sleep deprivation. Feeling Sluggish Ok, this one is kind of obvious. You will find yourself yawning and having trouble with concentration due to a lack of sleep. But did you know it can also inhibit your decision making? This can be dangerous when you are driving and it increases the possibility of you being involved in an ...

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The Ultimate Guide on Who, When, and How Much to Tip

The Ultimate Guide on Who, When, and How Much to Tip

Some people don’t believe in tipping. Others tip poorly. Personally, I don’t understand why tipping or not is even questionable. If the service you received was acceptable, you should tip. However, not everyone feels this way. So I am going to go over some basics of tipping based on the service you received. Who Should You Tip? Most sources will tell you to leave a tip for restaurant servers, delivery people, valets, massage therapists, hairstylists, manicurists, tattoo artists, cab drivers, hotel maids, movers, wedding priests, bar tenders, grocery store baggers, and tour guides. There are probably others that could be added to this list, but those professions listed above should hit a majority of the service industry’s personnel. It also gives you a good start to answering the question of who you should tip. My rule of thumb is if you have had any service done, you should tip the people who served or helped you. For example, you don’t need to leave one for each person working at the restaurant you just ate at, only your own server. When Should You Tip? Tipping should be based on the quality of the service you were provided. Now that I’ve said that, I ...

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How Procrastination Can Hurt Your Finances

procrastination can hurt your finances

You’ve probably heard the saying, “Why put off until tomorrow what you can do today?” When it comes to your money, that phrase is good advice as procrastination can hurt your finances. Procrastination is a nasty habit that can have many negative effect on your finances. In case you haven’t broken your procrastination habit yet, here are a few reasons why you should so it doesn’t harm your finances. Credit Card Fees Almost everybody has a credit card these days. Just try booking a hotel room or renting a car without one and you will find out it isn’t easy to do (some one even accept debit cards as an alternative). But after your vacation is over, you should pay off your credit card as soon as possible. The interest and late payment fees applied to your credit card bill can cost you more than the original price for the items you purchased. Instead of getting in a habit of procrastination, try paying off your credit card bill immediately after you’ve used it. You can save ahead for your purchases so you already have the cash on hand to pay the credit card bill. Late Fees Another way procrastination can hurt ...

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6 Ways Bookworms Can Save Money

bookworms can save money

Reading is a great hobby to have. You can spend your free time traveling to other destinations, learning about other time periods, and more. But if you are a bookworm and like to read so much that you are going through several books in a short period of time, it can become an expensive habit. I used to be a big bookworm (before I took up blogging and freelance writing) and I often couldn’t walk out of a bookstore without spending at least $50. Luckily there are ways that bookworms can save money and still enjoy their favorite hobby. Use the Library The most obvious way bookworms can save money is by using the local library to check out books for free. You’ll be able to read all you want without paying a cent if you always return or renew your library books on time. Choose Carefully Whether you are purchasing a new book or a used book, read the prologue or the back cover first. If it is an E-book, you have the option to check the reviews and usually read a little about the book before you buy it. Spending a little bit of extra time to look it ...

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How to Save at the Gas Pump

gas pump

As consumers we know there are price increases from time to time on the goods and services we use every day. However, one extreme fluctuation happened about eight years ago when the average price of a gallon of gas spiked at over $4.00. This was largely due largely to an increase in the cost of oil. I don’t know about you, but that hit my budget pretty hard even though I was still in high school at the time. My parents did pay for some of my fuel, but I had to chip in too and I found myself doing far less driving when the price at the gas pump spiked. Even though the price of fuel has gone down since then, I still try figure out how to save at the gas pump whenever I can. Below are a few ideas I use to help me save as much as I can. Make Trips Count Even though that was quite a few years ago, I started getting into the habit then of making my trips around town count as much as possible. At the time, I lived a few miles from town on my family’s farm, so trips back and ...

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