The Red Money

Change How You Think About Money

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If you don’t like your financial situation, then you have to change how you think about money. Of course, plenty of people are doing just fine financially and in that case, may not need to make any adjustments. But the truth is most people are living paycheck to paycheck with a massive amount of debt. If that’s the case, you may want to read this. [Read more…]

Good Debt vs. Bad Debt: You HAVE To Know the Difference

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What are some examples of good debt compared to bad debt? Is there such a thing as “good debt”? The truth is that any debt is something that is a burden and that we tend to take on far too easily. But that being said, some debt is worth it, while some debt is just simply ripping you off and setting you back further financially. [Read more…]

How to Spend Your Money Wisely

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If you’re a middle-class American then you probably work really hard for your money, and even after that hard work you likely still have a tight budget to live off of. That’s the American way. And look, if you have a massive amount of debt then really spending money isn’t something you should be doing much of anyways, right?

But the honest truth is that we WILL spend money, it’s just inevitable. So stop pretending you won’t, and just be smarter with how you spend your money. What exactly do I mean? [Read more…]

My Parents Didn’t Teach Me About Money

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I wonder if I’d be in debt right now had my parents taught me about money. For some reason, our entire life revolves around money but yet there is this stigma against talking about money.

Maybe that’s why my parents didn’t teach me about it. Or maybe it’s because even to this day they don’t have much of a grasp on money. Either way, becoming financially astute was always an afterthought. [Read more…]