personal finance

how i organized my entire financial life

One of the most heart-wrenching issues I have with our modern day education system is how little emphasis they place on money management. You’ll learn about the Baroque period, how to identify 50 different types of rocks (literally had to do this), and what Buddhism is all about, but money? Nah. We’ll skip it. And even if you do take a personal finance course, it’s all so academic that it’s hard to apply it to real life.

When I graduated from college and was in the midst of my first month at my “real” job, I remember heading to the movies and thinking how nice it was to not worry about buying a $5 Icee at the theater. The freedom! The liberation! The independence!

And then at the end of that month, reality smacked me in the face when I looked at my bank account and had no idea where all that money I had earned went. I thought I was making a killing, but I soon learned my salary didn’t get me as far as I thought it would. Cue a defeated 22 year-old and some sad, dramatic soundtrack.

saved by the...app? how prism is making sure you never pay late fees again

It had been one of those harrying weeks at work – one where you feel like you have 10,000 things on your to-do list, 2 minutes to complete them all, and your stress levels are that of Russell Wilson right before he threw that pick and blew the Super Bowl this year.  I was in the middle of trying to reconcile our monthly budget when I heard my phone vibrate and looked down to see a notification from Prism, a bill management app I use, alerting me that my electric bill was due tomorrow and I had yet to pay.  With everything going on at work, it had completely slipped my frazzled mind that the due date was fast approaching, and as I took 30 seconds out of my day to pay the bill, I thanked my lucky stars that I had a reminder set up to avoid those annoying late fees.