There are countless stories circulating online about people who felt burned out from work so they saved up thousands of dollars, quit their jobs, and put their most treasured possessions in storage and began traveling the world with little more than a suitcase and laptop. In many cases, these people became travel bloggers, social media influencers, freelancers or English teachers to supplement their income while traveling – but how realistic is this major lifestyle decision? Even if you’re able to make money while jet-setting to different … [Read more...] about 5 Problems with Quitting Your Job to Travel the World
Personal Finance
How to Budget for the Costs of Medicare
The following is a guest post by Danielle K. Roberts, co-founder of Boomer Benefits, who's an expert on Medicare costs and how to budget for Medicare costs. If you'd like to contribute a guest post to Money Q&A, be sure to check out the site's guest posting guidelines. Many people are unaware of just how much Medicare costs are until they turn 65 and are preparing to enroll. After all, we see during our working years that the federal government is deducting FICA taxes from our payroll checks, and we assume that means that one day … [Read more...] about How to Budget for the Costs of Medicare
What Every Couple Must Do Before Combining Finances
Whether you’re already married, currently engaged, or in an otherwise long-term relationship, there are many considerations that every couple should make before combining their finances. After all, money is the number one cause of conflict in relationships, especially when you share expenses but don’t see eye-to-eye on all things finance-related. If you’re in a long-term relationship and/or living with your significant other, then you’ve likely considered or even started combining finances at some point. This can be enormously tricky for … [Read more...] about What Every Couple Must Do Before Combining Finances
American Express Platinum Card Review – Earning Reward Points and Exclusive Benefits
One of the most sought-after American Express cards is undoubtedly the American Express Platinum Card, which offers a tremendous variety of benefits to its cardholders and a sweet introductory spending bonus as well (40-60,000 Membership Rewards® points or even 100,000 MR points if this is your first American Express Platinum Card and are able to find this elusive offer). Of course, these benefits come with a hefty annual fee – which is not waived during the first year the way many other cards do for new cardholders – yet the benefits could … [Read more...] about American Express Platinum Card Review – Earning Reward Points and Exclusive Benefits
3 Big Money Mistakes American Workers Are Making
We all make mistakes with our finances. I’m not talking about making hard decisions and choosing which bills to pay and which to leave for another month. These are simple financial choices and the biggest money mistakes American workers are making with their paychecks. The economy is still struggling, and far too many employees are turning away free money and lending other money from their hard-earned paychecks to the government free of charge. Three Biggest Money Mistakes... 1. Not Capturing Their Employer Match According … [Read more...] about 3 Big Money Mistakes American Workers Are Making
4 Strategies to Afford a Digital Nomad Life
The following is a guest post by Molly Barnes, author of the Digital Nomad Life. If you'd like to contribute a guest post to Money Q&A, check out our guest posting guidelines. Most people look forward to their annual vacation, it’s a great opportunity to enjoy some downtime. While a traditional one or two-week vacation may be refreshing, do you find you’re left wanting more out of your travel experiences? What if you could spend every day traveling? Seriously meaningful traveling — not just a week here or a long weekend there. Did you … [Read more...] about 4 Strategies to Afford a Digital Nomad Life