"Girls" finale, women and money, money myths, kids and credit and more.

1. The “Girls” Finale is a Financial Fantasy

Billfold — I never watched “Girls,” but I found this post interesting. Emily says the main character Hannah Horvath, and her life as the show left it, “is an economic impossibility.” Pure Hollywood. Her job and salary as a freelance writer could never support a single mom living in New York. Emily says the shows ending mirrors Lena Dunham, who portrays Hannah.

As a writer, Emily compares her career and salary with Hannah’s — and she makes a compelling argument. It seems that the show’s creators have no grasp of the realities most freelance writers face — or regular workers face. Read this post, especially if you’re a fan. Also, check out Debt.com’s take on Walter White — Breaking Bad and Money.

2. The #1 Mistake Women Make with Their Money

Catherine Alford — Everyone makes money mistakes. Catherine points out the mistakes she’s made, including credit card debt. But the number one mistake women make, according to the 16th Annual Transamerica Retirement Survey, is “not saving enough for retirement.”

But women aren’t alone. Men don’t save enough either. But women face realities that men don’t face. They get pregnant and leave the workplace for a time. Women also live longer than men. Catherine offers tips women can use — and so could men. Check out her post if you’re worried about retirement.

3. Top Money Myths You Need To Stop Believing

Natalie Bacon — Discussions about money surround us. Personal finance bloggers do it, the media in general discusses it, and as Natalie says, friends and family too. And as everyone talks, the myths accumulate. She points out nine that you should ignore.

I like the fourth one: “As long as you can afford the monthly payment, you can afford to buy it.” She recommends looking at the total payment rather than the monthly payment. For example, a $350 a month car payment may seem reasonable. But what about the total, with interest tacked on? Read about her other money myths.

4. 4 Simple Steps That Help Kids Build Solid Credit

Money Talks News — Nancy says kids should begin building credit as early as their junior year in high school. But parents must first discuss how credit works — thus, the first step: communication. Make certain they understand the basics such as timely payments and overspending.

I like the third step: “Don’t let them walk away from gym memberships (and the like).” This also teaches kids to read the fine print in contracts. For example, if they don’t understand or know the cancellation policies a gym or other place maintains, walking away could hurt their credit. Here are 5 other credit score killers.

5. 5 Things You Can Do to Pay Off Debt Faster

Kayla Sloan — Kayla says, “Paying off debt sucks.” It takes hard work, “sacrifice and dedication.” She knows because she’s been paying down her credit card debt for over four long years. But through her experience, she found five things that helped make the journey a bit easier.

I like the last one: “Find Accountability.” If your debt-free journey starts overwhelming you, don’t give up, ask for help. A friend or family member would probably assist you in a heartbeat — especially if they’re also paying off debt. Check out how this personal finances blogger paid down debt.

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Brian Bienkowski

Brian Bienkowski


Bienkowski is a contributing writer and is the face of Debt.com's 'By the Numbers' videos.

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Article last modified on January 31, 2018 Published by Debt.com, LLC . Mobile users may also access the AMP Version: Around the Web: Smart Money Tips - AMP.