Author Archives: Kimberly Studdard

About Kimberly Studdard

Kim is a Texan native who has lived in Kansas City, MO with her husband and daughter for almost five years. She spends her days as a virtual assistant, blogger at The Entrepremomer and mother. Juggling entrepreneurship and motherhood isn’t always easy, but she’d take that over a desk job any day.

streaming servicesWith rising prices and lowered quality, many people are taking the leap from cable services to online streaming services.

Studies have shown that around 25% of American households no longer have cable, and instead use online streaming services to watch their favorite shows and movies. So what are the best streaming services that will help you replace your cable?

Start streaming services with Netflix

Netflix is the "holy grail" streaming service that many people already have, whether they're using it in conjunction with their cable or using it with other streaming services. At $7.99 for the cheapest plan (for use on one screen at a time), Netflix is an affordable option for those looking to venture into online streaming services.

Pros with Netflix include the release of new movies fairly quickly, many popular shows and Netflix originals (some being critically acclaimed), and many shows having all of their seasons all in one place.

A few cons to note are that Netflix typically releases seasons all at once.So, You may not be able to watch your favorite show right away. Also, Netflix is known for raises its prices every few years or so. In fact, they just announced they would be raising prices again (with the middle plan starting at $11 instead of $10). ...continue reading

never retireWhile it is becoming increasingly popular to retire early or achieve financial freedom before 65, there are quite a few reasons why you should never retire.

People are Living Longer

It is projected that in 2050, over 20% of the population will be 65 years or older. That's up from 12% in 2000. With more people living longer, there comes more time to enjoy life and work if you choose to. 65 doesn't automatically mean you have to give up your job.

In fact, 65 doesn't mean a decline in health or physical capabilities, so if you want to work, you shouldn't let age hold you back.

You should never retire just because of the stigma around age. In fact, adults are expected to live to at least 84 years once they make it to their 65th birthday. That's almost an extra 20 years. Can you imagine being retired for 20 years?

No Retirement Security

It is well known that saving for retirement is important. However, many baby boomers, Gen X'ers, and Millennials still aren't saving and investing. This leads to a lower amount in savings, and a lower amount of money that can be used once a person has retired.

You should never retire if you feel you can't make ends meet. Even if you can afford your lifestyle, money is never guaranteed. Having a job, even if part-time, or a side hustle can offer you more flexibility, and money in your pocket. ...continue reading

Bill GatesYou often hear not to keep up with the Joneses in the personal finance community. While it's best not to try to keep up with the people who are broke and flaunting it, what should you do instead? I suggest keeping up with the Gateses — Bill Gates.

Who is Bill Gates?

Bill and Melinda Gates are widely known, but the Gateses could also be anyone who has built wealth in smart ways, saves for a rainy day, and doesn't flaunt their debt.

So, how can you become a Gates? Well, there are quite a few things you can do.

Invest in Education

Everyone who knows of Bill Gates' story knows that he dropped out of Harvard University. However, he has recommended on several occasions that investing in your education is important.

This isn't to say that you have to get into massive student loan debt. But it does mean to take some classes to learn new skills, get a degree if you can do so debt free, or even just practicing something new.

Why is investing in education so important? Think about it. If you have more marketable skills, chances are that you are more likely to get hired for a job or be able to have a few side hustles to earn extra cash. ...continue reading