How do you know which is the best personal finance blog for you?
You don’t. Making smart financial decisions is about handling your money situation in all areas of life.
Therefore, you’ll benefit from following a variety of blogs.
The five below, along with Modest Money, of course, are the ones we find will best serve a 20 something.
Best Personal Finance Blog for Students
For most, being in college is quite an awkward moment, money-wise (and not only).
You can smell the financial freedom that’s supposed to come to you post-graduation, yet you are still dependent on someone else.
These days, however, many students and recent grads opt for freelancing as a way to take the financial reins in their own hands and earn the dreamed independence.
On Money Talks News, you can find money-making ideas suitable for your situation.
In fact, the site covers all money-related topics—making, saving, and investing.
…If You Are Still Renting
When it comes to money, few things are as liberating as knowing you live in a place you can call your own.
The reality is that home ownership, nice as it can be, can also get quite expensive, especially if you are at the early stages of your career.
While renting might not be most people’s dream, you’ll likely have to suck it up for a couple more years until you build up a decent credit score for an affordable mortgage.
In the meantime, you can still make your rental feel like home, and not break the bank in the process.
The Diary of a Frugal Family focuses on tips for frugal living, such as energy savings and homemade house cleaning solutions.
While how much you save depends on how frugal you are willing to go, you can use the money saved to pay off debt or put them towards your “buy home” savings plan.
…If You Have Student Debt
Oh, the dread! Like it wasn’t enough you busted your hump all these years, but now you have to pay for the privilege.
Sadly, getting an education today comes at a huge cost; one that can tie you up with loan repayments for the better part of your grown-up life.
But according to most financial experts, debt payoff should be one of your top priorities when building your financial strategy.
On Student Loan Hero you’ll find answers to pretty much any questions about college debts.
For example, there you can learn how to negotiate a lower interest rate on your student loan.
If the government says you are old enough to handle your liquor, you are also old enough to make sound financial decisions.
Even if you haven’t accumulated sizable savings yet, you can still make one of the wisest decisions when it comes to money-management—invest your savings.
For many people investing is a mystic territory best left for Wall Street.
In reality, you can learn how to grow your wealth even if numbers make you dizzy.
While stuff on Learn to Trade the Market can actually get quite advanced, the blog also features guides for beginners, useful visualizations, videos, and a Forex course.
In other words, this blog is a one-stop-shop for resources on investing.
…for Anything Real Estate
What is the smartest thing to do with money, you ask?
Building upon the previous point, the answer would be: to invest them in real estate.
Even if you don’t see properties as an investment, but as nothing more than a roof under your head, you still should learn how the real state market works.
Getting a home will be the most considerable expense of your lifetime, so it makes sense for you to keep an eye on the industry before the time comes to purchase your first home.
Money Under 30 has a great “Home Buying” section where you can find resources to help you with first-time home buying and even a “rent or buy calculator.”
Each age group comes with its worries about financial independence:
- First, making money.
- Then, saving.
- Lastly, making best use of savings.
Thankfully, today you have on your side more access to invaluable knowledge than both your parents and their parents had combined when they were your age.
That being said, what area of your personal finances are you most concerned with?
You can find more quality resources on our list of top finance blogs.