Better Banking
HYSA
STOP👏 KEEPING👏 YOUR 👏SAVINGS IN👏 A REGULAR CHECKINGS ACCOUNT. Open a HYSA instead. They earn 50x more interest than a traditional savings account. This is where you’ll keep your emergency fund as well as short-term savings :) Everyone needs one. It's a financial non-negotiable.
Best Bank
Ally is an online bank (which rocks because going to the bank sucks.) I love a free pen- but if I can do something on my phone instead, sign me up! No fees to sign up, they offer great interest rates, have lots of checking account options and their app has an easy interface!
Best Brokerage
To grow wealth you need to invest your money. Which means… opening a brokerage account! I love Fidelity. They have a super easy interface, no pesky fees, & amazing customer service. They’re a good fit for all investors, especially my Wall Street Virgins.
Best IRA
Roth IRAs are the best! Everyone should have one- like a little black dress. We love to grow tax-free wealth! Fidelity is my pick to open one too.
Best Custodial Brokerage
Surprise surprise! I am recommending Fidelity AGAIN here. They make it SO EASY to invest for your kids. Which is KEY if you want to grow generational wealth.
Insurance
Car Insurance
Driving without insurance is a big No-No. You want someone that’ll have your back if/when the sh*t hits the fan. This is our pick to protect your whip.
Homeowners Insurance
Your biggest (and most pricey) asset needs to be insured! Financial protection and peace of mind are crucial when it comes to your home!
Renters Insurance
Nearly 60% of renters don’t have renters insurance! Maybe they didn’t know that renters insurance also covers things like stolen laptops and lost engagement rings? It’s a safety net for all your belongings, easily customizable in terms of what you can get covered, and actually affordable! Don’t go without, seriously.
Pet Insurance
Your favorite furchild needs coverage too! Medical expenses can be shockingly high and in emergency situations, you don’t want to worry about whether you can afford it or not. Trust me. It’s def cheaper to have pet insurance in the long run.
Life Insurance
Do it for your loved ones! Don’t leave behind a financial mess. Life insurance means your beneficiaries are covered when it comes to end of life/ funeral costs and can cover outstanding debts, education for kids and lost income for spouses. Get life insurance when you’re young and healthy so you lock in at a good rate. For most people, Term will do the trick.
Debt Pay-Off
Student Loan Refinancing
Refinancing your student loans allows you to secure a more competitive interest rate, resulting in decreased monthly payments and potential savings of thousands of dollars over time. Essentially, you exchange your current loan for a superior one offered by a private lender. ***This applies (mainly) to private loans!
Personal Debt
Have debt you want to pay off? Think about consolidating it into one payment (with one interest rate). This could LOWER your monthly payment- which will help you get out of debt faster.
Credit Cards
For Those New On the Credit Card Scene
For Those who like Cold Hard Cash Back
For Those Who Dine Out More Than In
For Those Who are Part of the Jet Set
Taxes
Tax Prep Software
TaxSlayer does a great job simplifying the process so even the most tax-confused pleb can file a return easily and affordably. Great for freelancers, too!
Life Hacking
Password Managers
Keeping all your login information to your financial accounts in one place is super important! You don’t want to have to hit “forgot password” every time you wanna check a bill.
Fashion
You don’t need to spend a ton to look expensive, you just need to spend WELL. These are my fav 2nd hand retailers.
Three Comma Club
Need friends to talk money with? Join the Three Comma Club! It’s our Facebook Group and is filled with future rich people JUST LIKE YOU who want to have honest conversations about growing wealth.
Reading List
A good book about finance will change your life. (And a good book about life will change your finances…). These are my favorites! They have helped me shift my money mindset and I know will help shift yours too!