Chonce Maddox, Author at The Outlier Model - Page 2 of 31

Why You Should Care About Your Credit

Chonce Maddox / September 6th, 2017 / No Comments

There’s this sentiment buzzing around in the personal finance space that you shouldn’t really care about your credit if you truly want to improve your finances. Credit is an interesting concept. It’s the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future. Basically, you receive a rating based on your ability...

Posted in: Credit and Debt Tagged with: credit, credit cards, credit score, importance of credit

5 Ways to Make Your Blog a Profitable Side Hustle

Chonce Maddox / August 23rd, 2017 / No Comments

Blogs are super popular these days. Heck, if you’re reading this blog I’m sure you already know that. What you may not know, is that blogging can be a great way to earn some extra money on the side or even as a full-time career. Yes, you read that right. I personally know many bloggers who support themselves full time off their blog income. I have a blog as well that only earns a part-time...

Posted in: Money

The Importance of Planning to File Taxes for Side Income

Chonce Maddox / August 16th, 2017 / No Comments

Earning extra money can be great. If you are an independent contractor, freelancer, or work various different side jobs throughout the year, you’ll need to file taxes on the income you earn as long as you earn more than $600 annually. If you are getting paid via cash, you’ll need to track the income you are earning and your expenses, but if you are being paid via check and taxes aren’t being...

Posted in: Money Tagged with: quarterly taxes, side hustle, side income, tax preparation, taxes

Should You Become a One Car Household?

Chonce Maddox / August 9th, 2017 / 2 Comments

With the price of cars and auto loans constantly on the rise, becoming a one-car household has been looking more and more appealing to me. I shared before how my husband and I are planning to never get another car loan again and I still firmly stand behind that stance. We still have our own cars and we plan to drive them into the ground before we switch to a one car household. To be honest though,...

Posted in: Auto, Money Tagged with: auto expenses, auto loan, cars, one car household