I’m a real estate analyst at a hedge fund by day and a blogger by night at the Profit Anywhere Blog.
This is where I write about all things personal finance, side-hustle, and internet entrepreneurship-related.
I started this blog to chronicle my attempts to make money online and to record all that I’m learning about personal finance and entrepreneurship.
When I graduated from the University of Southern California in 2014, I knew nothing about how to manage money and I had significant school debt.
Despite a ⅔ needs-based scholarship, I still needed to take out $80,000 in student loans which ballooned to $90,000 by the time I graduated.
Want free money?
And I did all this for a degree with low-earning potential; I majored in French and minored in business administration.
You might be wondering why on earth I would go into so much debt for an “unemployable” degree.
The truth is that I had no idea what I was doing in college.
I started out as a business major, French minor and flip-flopped my junior year because I didn’t like my business classes and I thought my GPA mattered more than my specialization.
I didn’t make the connection that most of my classmates’ parents took care of their college bills.
And I didn’t run the numbers to find out exactly how much $90,000 of debt would be in monthly payments.
In short, I did almost everything incorrectly to manage my finances.
I was the opposite of money-savvy.
And this is a major reason why I started my blog.
Not only did I want to learn as much as I could about finances, I also wanted to make my educational journey public in the hopes that I could help others on their personal finance journey as well.
I’ve learned so much about personal finance since graduating and have tried to record it all on the blog.
Despite having a job that sounds impressive and high-paying, my starting salary was $35,000 a year and hasn’t increased much since then.
So I still need to keep a tight rein on spending and I’m always looking for creative ways to save more and make more.
One of the most helpful personal finance tips I’ve heard was from Ramit Sethi.
He recommends automating your saving so that you don’t have to rely as much on will-power to save money.
Games that pay you to play. Yes, we're serious.
These 3 apps will pay you to play games on your mobile device:
- Mistplay (Android) - If you have an android device, you can download this app and start getting cash rewards for playing new games.
- Solitaire Cube (iOS) - Earning money by playing games on your phone sounds like a dream. But this app really pays you for playing solitaire with cash rewards.
- Lucktastic (Android) - This free app offers the same daily scratch-off cards that you find at your local convenience store — but here you can play for free and win real money.
For me, this means that I auto-deposit $458.33 into my Roth IRA every month to max out my annual contribution.
I have the debit scheduled immediately after my paycheck is deposited so that I don’t have the opportunity to spend it.
I also look for ways to decrease or eliminate monthly expenses.
So my wife cuts my hair, we don’t have cable, and we use the bargain cell phone service Mint Sim which costs only $15 a month!
We’re focused on paying off our debt and saving for retirement because my wife and I want to be debt free and financially independent.
If you wanted to check out other Finance Blogs check out this list: Finance Blogs: Ultimate List For 2018
Be sure to follow our journey to financial independence on the blog, profitanywhereblog.com, and feel free to shoot me an email at [email protected] if you have any more questions about how I manage debt, find side-hustles, and more!