The Broke Professional - Page 2 of 22 - Optimize Your Financial Life

Big Tax Changes You Need to Know About

On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act (TCJA) into law.  This was one of his pet projects and something he has promising since his campaign.  He also promised that this law would give middle class families a huge tax … [Continue reading]

Start Tracking Your Net Worth in the New Year

This post contains affiliate links Everyone has heard the stat about the high failure rate of New Year's resolutions: -8% of New Year's resolutions fail -80% fail by February -Greater than 90% failure rate So if you've made a New … [Continue reading]

Do Some Charity Before It’s Too Late

For most people, the end of the year is usually a time to take it slow and spend your days with family and friends.  Work takes a backseat until the start of the new year. Working in the optical world is the complete opposite.  It's a madhouse!  … [Continue reading]

In-Credible Student Loan Refinancing

Everybody with student loans should consider refinancing.  It might not be the right choice for everybody, but you'll never know unless you take a look. At worst, you get some quotes and realize it's not worth the effort or you don't want to give … [Continue reading]

Dollar Cost Averaging is the Best Way to Invest

Ask the average American or young professional what things SHOULD be doing with their finances.  You'll get the usual answers like budgeting and saving.  They will also talk about how they need to spend less on things like eating out and … [Continue reading]

Ways to Decrease Your Utility Bill

This is a guest post from Anum Yoon, who is a prolific and excellent writer in the personal finance sphere.  You can find out more about her at her blog Current on Currency. Today's post will feature ideas on how to keep your utility bills low.  … [Continue reading]

Avoid Stupid Bank Fees

My first checking account was at the same local bank that my dad used and he helped me sign up for it.  Banks LOVE this since they are hoping to get your business for life and then I will do the same thing with my son.  They're hoping people don't … [Continue reading]

Sweat the Big Things. Part 3: Taxes

This is Part 3 of my three part series about housing, transportation and taxes.  These are the three things which I believe can make or break your finances. Part 1 discussed housing and Part 2 talked about transportation. In this Part 3 of this … [Continue reading]

The Investing Book That Won My Heart

This post may contain affiliate links Life is a journey, but the beginning of that journey can have a profound effect on the rest.  Reading one book in particular completely changed the trajectory of my investing journey. While you can learn to … [Continue reading]

Equifax Hack and the Botched Response

Equifax, one of the big three credit reporting companies in the country, was recently hacked.  The company states that 143 million people were affected.  Which means a lot more people were most likely affected since they are probably reporting a … [Continue reading]