Money Archives - Page 30 of 55 - The Outlier Model

5 Dumb Ways to Spend your Tax Refund

tax refund, spending tax refund tips, tax refund tips

Chonce Maddox / March 7th, 2016 / No Comments

Tax refunds can arrive at a convenient time. Some people feel a financial strain right after the holidays. By March and April, some extra money can really help your financial situation. A tax refund can help you jumpstart your savings for the year or pay off some debt or other bills. However, there are quite a few dumb things people use their tax refunds on that won’t help their financial situation...

Posted in: Money Tagged with: instant gratification, tax refund

When you Should Say ‘No’ to Lending Out Money

Chonce Maddox / February 26th, 2016 / No Comments

Do friends or family members ever ask you for money? How do you feel when this happens and do you loan it to them? You have to be smart about who you loan money to and I’m on the more skeptical side of people who believe you should avoid loaning out money as best as you can even if it’s for family members. I say this because, while loaning money out money may help someone temporarily, it...

Posted in: Money Tagged with: loaning money

Simple Ways to be Happy Regardless of your Income

ways to be happy, happy living, happy tips

Chonce Maddox / January 22nd, 2016 / 1 Comment

Now that the big holiday season has came and went, it’s the perfect time to work on becoming content with what you have and your current situation regardless of how much money you have or make. Even though people say ‘money doesn’t buy happiness’, do you really believe it? Can you be happy and content with thousands of dollars of debt hanging over your head or past due bills? Yes, money can...

Posted in: Minimalism and Frugality, Money, Philosophy Tagged with: being content with what you have, happiness, managing your finances

How to Get Ready to Purchase a Home

purchasing a home, homebuyer tips, homebuyer advice

Chonce Maddox / January 18th, 2016 / No Comments

Lately I’ve been thinking a lot about purchasing my first home. I have plans to get into real estate before buying my dream home and would love to get the ball rolling soon. The only hold up is there are quite a financial factors holding me back. I’ve realized that purchasing a home is not the simplest process and it takes a ton of preparation. If you find yourself in a similar boat, here are 4...

Posted in: Home, Money Tagged with: homebuyer, Mortgage, purchase a home