I just wrote this for American Express’ new website: Currency. Don’t think I’m allowed to re-post it here yet, BUT be sure to click over and check it out – I think you’ll like it!! :)
5 Things My Mohawk Taught me About Money. Here’s a snippet:
2. It’s all about patience. Just like commuting to work or painting a picture, getting those spikes up every day takes time. We’re talking anywhere from five to 25 minutes-all depending on my hair’s mood and how long I’ve let it grow out.
The same rules apply to finance. It takes time to reap those rewards. (There’s a reason J.D. and hundreds of others write about “getting rich slowly.”) Same with paying off your debt: Unless you get a crazy influx of money, you’ve got to pay that off one month at a time, little by little. There’s no true get-rich-quick schemes out there, I’m afraid. Nor quick mohawks, for that matter.
PS: Some of my favorite tools:
|Personal Capital (FREE) -- If you’re looking for a robust financial tracker, Personal Capital is the way to go! They’re like Mint, but on steroids and have much better tools for investment and net worth tracking. // Full review|
|Digit (FREE) -- A super easy (and automated) way to save. Every day Digit analyzes your income and expenses and will push money aside for you any time it sees extra sitting there. I've saved over $4,000 myself using them so far! // Full review|
|Acorns -- Having trouble finding money to invest? Check out Acorns – they round up all your transactions to the nearest $1.00 and drops the difference into an investment portfolio for you. Easy way to start investing! // Full review|