Aaron Parthemer’s Blog

Budgeting Tips for Newlyweds

Budgeting Tips for Newlyweds

After the wedding excitement dies down, most newlyweds take the time to transition into their new lifestyle. One of the hardest decisions is how to manage finances. Communicating with your spouse about your finances reduces conflicts in your marriage. Budgeting tips can help you make the most of your lifestyle choices. Below are some budgeting tips for newlyweds.

The Difference Between Traditional vs Roth IRAs

The Difference Between Traditional vs Roth IRAs

IRAs, or individual retirement accounts, are bank accounts that are designed to help people save for their livelihood after they retire. IRAs can be offered through traditional jobs, however, the most popular IRAs are structured for individuals to use on their own. They are known as traditional and Roth IRAs. People like IRAs because they’re tax-advantaged. Contributions to a traditional IRA are tax-deductible, and the earnings grow tax-free. The reason for these perks is that these vehicles are designed for long-term investments. 

How to Quickly Pay Off Your Student Loans

How to Quickly Pay Off Your Student Loans

Student loans are one of the most significant expenses in the life of a young adult. The decision of how much to borrow and how long to pay it off will have real implications for how to choose your quality of life. The optimal goal is to pay them off as soon as possible, and there are a few different strategies designed to help people pay their student loans off quickly.

Saving Money as a Single Parent

Saving Money as a Single Parent

Raising children as a single parent means twice the work and cost. Luckily, there are ways to save money without having to work double shifts to support your family. Here are a few tips on how to save money as a single parent and sole breadwinner of the family:

Building a Strong Financial Future in College

Building a Strong Financial Future in College

When you are in college, you are entering a new, exciting chapter in your life. Most things are happening for the first time, such as independent living and self-regulation. It’s hard to balance all of that with the possibility of what the next few decades or even your retirement will look like. That being said, it’s important to think about a strong financial future as early as possible. 

Helpful tips for raising your credit score

Helpful tips for raising your credit score

A credit score is a three-digit number that lenders use to help decide how likely it is you will be able to repay a credit card or loan. Also known as a FICO score, it ranges from 300-850 and starts to build at the age of 18 in America. There are three national credit bureaus (Equifax, Experian, and TransUnion) that compete against each other to capture and store credit histories on U.S. consumers. While other countries use different credit scoring systems, there is some value in getting a high credit score and having it work in your favor abroad. To find out what your score is, federal law states that you are legally entitled to make a request from each of the national credit reporting companies once a year at no charge. 

Great Budgeting Apps

Great Budgeting Apps

Overspending is a lot easier to do than you may think. Life is fast-paced, and there are a lot of expenses that are constantly at our fingertips to help keep things moving, such as coffee or fast food. Perhaps you buy coffee from a local shop every day on the way to...

Tips To Help You Retire Early

Tips To Help You Retire Early

Many people hit a certain part of their life where all they can think about is retiring. They yearn to stop waking up early every day to go into work and instead get to spend their time freely, living life to its fullest. Unfortunately, many of those same people...