Many people believe that keeping their money in a big bank is the safest and most secure option. However, when it comes to larger sums of money, such as $10,000 or more, big banks may not always be the best choice. There are several reasons why storing such a large amount of money in a big bank...

Let's discuss the importance of maintaining a good credit score even if you're not planning to make any significant purchases or apply for new credit. I will share my personal experience of not understanding the value of a good credit score in my 20s while emphasizing the importance of being...

Hello everyone, Sheila here, your dollar strategies coach! Let’s talk about credit cards, particularly how to use them to your advantage to boost your credit score. Here are some key strategies and answers to common questions related to credit card use.  

The 30% Rule: Managing Your...

How can you enjoy credit card perks without drowning in high-interest debt? The key to harnessing the power of credit cards lies in paying off your balances in full each month. By doing so, you eliminate interest charges and avoid carrying over debt, keeping your financial health in check. This...

Understanding the average return on investments like 401k, Roth IRA, and direct stock investments is critical for informed decision-making. This blog post will help you compare potential investment gains or losses, offering clarity on how different investment options might perform for you. This...

Thinking about dipping into your 401(k) for some quick cash? Think again! Before you make a move that could impact your financial future you need to make some crucial considerations about borrowing from your 401(k), from understanding the hefty penalties and taxes to recognizing...

Are you wondering why it's crucial to pay off your credit card balance in full each month? In this blog post and video, we'll discuss the reasons why this simple practice is so important for your financial health. By understanding the impact of paying off your credit card debt, you can take...

As we all have learned no one has a crystal ball when it comes to stock market investing. Even the greatest minds get investing predictions wrong sometimes, but there is a common belief among some investors and financial experts that the stock market tends to be in a bull market during an...

Inflation is a term that is often used in the world of economics and finance, but what does it actually mean for the average person? In simple terms, inflation is the rate at which the general level of prices for goods and services is rising, and subsequently, the purchasing power of currency is...

Are you tired of living paycheck to paycheck, unsure of where your hard-earned money is going each month? It's time to take control of your finances and start budgeting like a pro! At Dollar-Strategies.com, we understand the importance of effective budgeting and have designed a comprehensive...

Hey there, have you ever dreamed of being financially free? You know, living without the constant stress of bills piling up, having the freedom to make choices based on your desires rather than your bank account? In this post, we will explore the age-old question - is achieving financial freedom...

Why does it only take a second to make that impulse purchase, and it seems like a challenge to save money? This is the question that we all need to ask ourselves before we commit to saving.

The saving struggle is real and it’s easy to place the blame on the coolest thing on the internet,...