Debt Dilemma: The Impact of Student Loans on Your Financial Future
If you have student loans, you’re not alone. According to a recent Forbes article, there are roughly 43 million people currently holding federal student loans. This translates to roughly 13% of the United States population! Plus, this number only accounts for federal student loans; it doesn’t even account for the debt owed by private loans…
Read MoreReliable Small Business Support and Guidance for All Seasons of Life – Graduation to Retirement
When you think about financial health, what comes to mind? For SaverLife members, defining financial health can look very different to each person. Why? Because there’s no one way to navigate your financial situation: everyone is working toward different goals for themselves and their families. This is also true of entrepreneurship. Starting and maintaining gig…
Read MoreGrow Your Gig: Getting Started Financially as an Influencer or Gig Worker
Are you looking to start gig work or become an influencer? Welcome to the SaverLife microentrepreneur community! Through surveys and interviews, we’ve found that a majority of SaverLife members are pursuing gig or influencer work to make ends meet and increase their monthly income. In some cases, they’re also planning to transform this work into…
Read MoreUnderstanding the Self-Employment Tax Implications for Family Caregivers
Are you providing regular care to a family member or friend? If you’re receiving compensation for your services, it’s important to track your income. Caregiving, even for a loved one, could be considered self-employment and change how you file your taxes. There are different scenarios in caregiving situations that will determine if you, as a…
Read MoreSelf-Employment Taxes: What You Need to Know and How to Stay on Top of Them with Confidence
Being your own boss comes with many benefits, like greater flexibility, freedom, and control over your work. However, when it comes to taxes, being self-employed can feel like a whole new ballgame. Navigating the process of self-employment taxes, including what they are, who needs to pay them, and when they’re due, can be tricky and…
Read More6 Questions to Ask Before Starting a Side Hustle
Infographic Get a guided version of this article in the format of a decision tree flow chart. View Are you thinking about starting a side hustle to supplement your income? Through ongoing interviews and surveys, SaverLife has learned that many members pursue additional work on top of their primary jobs to make ends meet and…
Read MoreConsidering Solar Panels to Reduce Your Electricity Bill? Keep these Facts in Mind
When you’re budgeting, planning for expenses can be a challenge. One area where this hits most people’s budgets is electricity bills. This unpredictability, coupled with rising energy costs, can put a strain on your finances. This may have you wondering: how can you lower your electricity bill and make it more consistent over time? One solution…
Read More4 Tips for Renters Recovering from Natural Disasters
If you or someone you care about rent a home, it can be nerve-wracking to think about a disaster damaging your property. It can be harder still to know what to do after your property gets damaged. Knowing what to do can’t lessen the impact of a natural disaster, but it can help you recover…
Read MoreSecuring Your Finances Prior to Extreme Weather & Climate Disasters: A Comprehensive Guide
SaverLife member Alizha knows climate change could impact her family at any time. They live in a hurricane zone that’s prone to flooding. But with a tight budget and shifting work hours, Alizha doesn’t have the time or money to prepare for a potential flood. Alizha doesn’t even know how they’ll respond to a weather…
Read MoreFortifying Your Finances During and After Climate Catastrophes and Extreme Weather
With a full schedule and a strict budget to maintain, it can be hard to plan a month in advance — let alone the future. But the reality is climate change is already impacting how SaverLife members think about their next steps. In a recent survey, 52% of SaverLife members shared that they’ve experienced severe…
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