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Frugal Living, Saving Money & Life Hacks

Frugal Living, Saving Money & Life Hacks
Kimberly Studdard ,

Using A 401k Loan To Pay Off Credit Cards (Hint: Don’t Do It!)

If you have quite a bit of high-interest debt, you may be looking into ways to pay it off faster. But if you’re considering using a 401k loan to pay off credit cards, you should know a few things first (plus why we don’t recommend you do it!). Related: FREE Credit Card Payoff Spreadsheet (Get Out of Debt in 2022!!) Can I take a loan out of my 401k to pay off my credit card debt? Technically, yes. Many different 401(k) plans allow you to borrow against your retirement savings. One of the benefits to many people is that it’s a low-interest loan option and will make it easier to pay it back vs. high-interest credit cards. Related: When Can

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Frugal Living, Saving Money & Life Hacks
Ben T

5 Ways to Build Wealth With Commercial Real Estate

Commercial real estate (CRE) can be a great way to build wealth. By investing in commercial properties, you can create passive income and increase wealth over time. Commercial real estate is a great way to build wealth because you can: Leverage long-term passive income Choose the commercial property type that works best for you Get creative with layering wealth-building strategies Keep income flowing while staying hands-off Study the risks and know how to avoid them Ready to dive in and learn how to develop high-yielding assets with non-residential properties? Keep reading to learn about the five ways to build wealth with commercial real estate. Leverage the Long-Term, High-Volume Income of CRE Commercial real estate investments are one of the best

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Frugal Living, Saving Money & Life Hacks
Kimberly Studdard

9 Best Home Investments (That Pay Off BIG When You Sell!)

There’s plenty of great advice about how to add value to your home, especially if you’re looking to make some money from those home improvements. But what if you don’t plan to sell your home but want to save money? If that applies to you, there are some home improvements that could save you a lot of money over time. Here are the nine best home investments, whether you sell or not! Related: How to Pay Off Your Mortgage in 5 Years (Robust Calculator Offer!) What adds the most value to a home? Would you be surprised to know that the project that adds the most value to a home is building an inground pool? Yep! It used to be that a pool almost detracted from

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Frugal Living, Saving Money & Life Hacks
Ben T

How To Sell Clothes Online

Selling clothes online is a lot easier than you think. You have the potential to make back hundreds – even thousands – of dollars from selling your clothes. By selling your unwanted clothes online, you’re reaching a way larger audience than you would by selling locally. And you’ll get more bang for your buck compared to hosting a garage sale or exchanging items at your local thrift store. Even though you aren’t donating all those old clothes to Goodwill or the Salvation Army, you’re still a good person. By selling your unwanted clothes online, you’re recycling, reducing carbon emissions and waste, and you’re not contributing to the toxic and destructive culture that is fast-fashion. You may consider selling your clothes

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