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I Bought a JetSki and it was the Worst Financial Decision!

ByGrayson Bell 05/31/202305/31/2023

It’s Monday and I think I am going to go a little personal today. The purpose of Debt Roundup is to show you that we are all human and we make mistakes. We also have to learn from those mistakes and grow. If we don’t, then we are going to make the same mistakes over and over again. I don’t know about you, but I don’t like to repeat failure. I only like to repeat my successes. On that note, I want to share one of my biggest money mistakes. I would say it is embarrassing, but stuff happens and I just learn how to deal with it.

Fighting Debt

Transfer a Credit Card Balance: How I Saved Over $6,000 Playing the Balance Transfer Game

ByGrayson Bell 05/29/202305/29/2023

Are you struggling with high-interest credit card debt? If so, transferring your balance to a new card with a lower interest rate could be a smart financial move. A balance transfer can help you pay off your debt faster and save you money on interest charges. However, before you jump into a balance transfer, it’s…

Investing

What Is the Average Return of the S&P 500? Understanding the Long-Term Performance of America’s Most Popular Stock Index.

ByGrayson Bell 04/14/202304/14/2023

The S&P 500 is a stock market index that measures the performance of 500 large companies listed on stock exchanges in the United States. It is widely regarded as a benchmark for the overall performance of the U.S. stock market. Investors often use the S&P 500 as a way to gauge the health of the…

How Much You Need to Retire Calculator

ByGrayson Bell 03/13/202303/13/2023

This calculator is very simple. You only need two things to be able to know how much you need to have saved and invested by the time you *want* to retire. So no matter your age, this will tell you how much you need to have saved up in order to live off the defined…

Videos

ByGrayson Bell 02/27/202305/25/2023

We’d love to have you subscribe to our new YouTube channel called Wealth Bytes! We want to get back to the basics of personal finance since people are getting lost in the quest of getting rich quick. You can see our latest videos below.

Saving Money

Rocket Mortgage Is Trying to Get Us to Do a Cash-Out Refinance, But I Refuse

ByGrayson Bell 11/04/202211/04/2022

Back in 2020 (and 2021), we refinanced our mortgage to get those really low interest rates. At first we refinanced our 30-year down to a 15-year because the rates were low. As the rates lowered more, we refinanced back out of a 15-year to a 30-year. The reason was simple, the rates were below 3%…

Money Shorts | Saving Money

The One Solution to Save More Money Each Month that Actually Works

ByGrayson Bell 10/26/202212/15/2022

Saving money is an important topic talked about everywhere. We talk about it here regularly because it is a pillar of personal finance. Saving money is the backbone of financial literacy. You will often read about so many different ways to save money each month. I find X ways here, Y ways there, and everything…

Saving Money

Cash is King Again and I’m Glad I Saved

ByGrayson Bell 10/19/202210/20/2022

It’s been a long time coming, but savers are finally being rewarded again with higher interest rates on savings accounts and CDs. Cash is King again!! While it’s no match for the 8%+ inflation rate we are dealing with, I’d rather earn 3% on my cash than be losing 25%+ on my investments. For a…

Saving Money

My Mint Mobile Review – Does It Save You Money?

ByGrayson Bell 09/27/202212/12/2022

I’ve never been one to settle for high cell phone bills. Over the years I have been on Verizon, Straight Talk, AT&T, T-Mobile, Republic Wireless, and Cricket Wireless (who I was on before switching). In a recent effort to reduce my monthly costs, I decided to try out Mint Mobile. Here is my experience and…

Investing | Money Shorts

Should I Keep Investing When the Stock Market is Down?

ByGrayson Bell 09/22/202209/22/2022

If you’ve been living under a rock or in a place without any connection to the outside world, we are in a recession. It was official already though some still think there is one to come. But by definition, the United States is in a recession. With the government raising rates, inflation at an all-time…

Featured | Saving Money

What is the Coinstar Fee and How to Find a Machine Near You

ByGrayson Bell 02/03/202206/02/2023

Coinstar is a popular coin counting and sorting machine that is available in many grocery stores and most Walmarts around the country. They even have a nice international presence. They provide the service of counting your unrolled coins and getting cash immediately in the matter of minutes. The current Coinstar fee is 12.5% + $0.50…

Money Shorts

How Much House Can I Afford?

ByGrayson Bell 11/23/202111/23/2021

Owning a home is part of many people’s financial dreams. But we often see the same question over and over again, which is “how much house can I afford?“ So we decided to include this one in our money shorts series that quickly answers the question for you. So, How much House Can Your Afford?…