The Broke Professional - Page 3 of 22 - Optimize Your Financial Life

Sweat the Big Things. Part 2: Transportation

This is Part 2 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 buying a house.  This post will talk about the costs associated with … [Continue reading]

Sweat the Big Things. Part 1: Housing

  The first personal finance book I ever read was The Automatic Millionaire by David Bach.  It was a great intro to personal finance and I would recommend it to anyone looking for a great personal finance book.  One idea the author introduced … [Continue reading]

Where to Refinance Your Student Loans

This post contains affiliate links People tend to need some hand holding when trying something new.  I've found this to be the case when recommending student loan refinance to colleagues. I recently wrote why everyone with student loans should … [Continue reading]

How to Kill your Credit Score

Your credit score is one of the most overlooked parts of personal finance.  Most people don't know what their credit score is, why it's important, what contributes to your score and how you can improve it.  I will go into all of that and more.  If … [Continue reading]

Why Doctors Tend to Have High Credit Scores

(Hey everyone.  The following is a guest post from my friend Ryan, who specializes in financial planning for physicians.  He's doing great work since many physicians and other health professionals are clueless when it comes to their finances.  In … [Continue reading]

Take Full Advantage of Your Workplace Benefits

There are few things in life as potentially exciting and nerve wracking as getting that first job out of college.  After years of studying during college (and possibly grad school), building contacts throughout your field, polishing and re-polishing … [Continue reading]

3 Easy Steps to Becoming a Travel Hacker

You hear the word "hacking" a lot nowadays.  Traditionally, hacking was thought of as something negative.  Something we would not want our kids to do. We think of a recluse living in his parents basement trying to break into a federal … [Continue reading]

Inflation is Not a Big Deal. Here’s Why.

Imagine a reverse savings account.  You put money into it and it will slowly erode over time at a constant rate.  Let's say that rate is 3%.  So every year the amount you have in the account will decrease by 3%. So you deposit $100, then at the … [Continue reading]

4 Interest-ing Ways to Spend Your Tax Refund

My first and only job before joining the optical field was as a Starbucks barista.  It was hard work but I enjoyed it and learned a lot.  We had to manually and carefully load espresso into the machines back then.  No push button lattes! My first … [Continue reading]

Refinance Sooner Rather Than Later

This post contains affiliate links Paying off student loans is a battle.  It's a battle fought against multiple enemies while running a marathon.  Sounds difficult, but it takes consistent work and sacrifice for new professionals to become debt … [Continue reading]