Getting your Personal Finance under control is hard enough. But these days…
The COVID-19 pandemic has been sweeping the nation for more than six months. Its lasting effects on the economy, employment (or lack thereof) and household finances has left many of us grappling to get a better grasp on our personal finances. That can include everything from examining fixed and discretionary expenses to searching for side hustles to increase our cash inflow.
Personal finance can be a bit of a taboo subject, which is odd, considering that it impacts every single person. Discussing annual pay, car payments and anything in between seems to be swept under the rug. And yet we can hold a conversation about the weather like it’s our J-O-B. So, where does someone who is looking to learn about personal finance go for help? Look no further than sites like pigly.com or Nerdwallet .
Pigly.com offers free interactive tools and calculators to teach people about personal finance.
A site like nerdwallet has articles and reviews on all sorts of things to help you get a grip on your personal finances.
Or try the #debtfreecommunity to tackle your personal finance
That’s right. Thousands of social media users flock to social media platforms (such as Reddit, Instagram, Twitter). They follow the debt free community hashtag for everything from frugal recipes to learning step by step instructions for how to open a taxable brokerage account . Others may just cheer on other like minded people who are looking to pay down debt, max out retirement accounts, or just overall improve their personal finance. The topics are endless, and all follow the overarching theme of personal finance and all that it entails.
You learn something new every day just by scrolling through the hashtag for a few minutes and realizing there are thousands of people that are sharing ideas, strategies, resources, podcasts, books, etc. about personal finance. It is a wonderful way to learn more about all facets of personal finance, links to interactive tools, how to invest, portfolio diversification, and so much more. There are thousands of accounts that share podcast recommendations, blog suggestions, links to helpful articles, books and other resources. The amount of online information is endless and so helpful to anyone looking to optimize their personal finance. Especially during the COVID-19 pandemic. Many people are facing scary and difficult financial situations they have never experienced before.
I personally check in with the #debtfreecommunity hashtag at least weekly. I like to see what the accounts are up to and sharing about. Some might be doing a pantry challenge, others might be computing their net worth. Some could be sharing the free (or frugal activities) they are doing that weekend. Other people might be creating content for their blog or working on a podcast in hopes of monetizing the platforms in the future to generate additional income to help them reach their financial goals. Whatever you’re looking for, you will find it in this corner of the internet.
Many people in the community are facing adversity from the COVID-19 pandemic themselves and are sharing their daily struggles, progress or setbacks very openly. I hope you take a few minutes to look into the #debtfreecommunity and see all that it has to offer. It is an amazing and free resource and has some very inspiring content.
Disclosure of Material Connection: Some of the links in the post above are "affiliate links." This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255: "Guides Concerning the Use of Endorsements and Testimonials in Advertising."