Home > Personal Finance > 5 Things to Be Thankful for This Thanksgiving

Comments 0 Comments

Thanksgiving is often a time of family, food, football and fun. It’s also when you may be asked which thing or things you are most thankful for this year. It may seem challenging to be original (if everyone has already said health and family!) or maybe think of anything at all (if it’s been a tough year). Well, here’s a list of five financial reasons you might be thankful for this year.

1. Work

OK, so maybe you’re not at the pinnacle of your career … yet. But sometimes we forget to show gratitude for small things. If you are able to work and earn a paycheck, it’s a good idea to use this one day to feel good about having a job. (You can go back to complaining when you return on Monday!)

2. Dreams of Retirement

But you’re not even close to retirement age? Well, how about being thankful for the dream of a future when you have some more financial freedom? It’s fun to think about the far-off goal so now is a good time to figure out how much money you need to save to make it a reality and work to make it happen.

3. Student Loans

Now you may be thinking I’m going crazy! But while you might hate having to write off that check every month to pay your student loans, Thanksgiving can be a day to feel good about what those loans got you – whether it’s a great education, lifelong friends, preparation for your career or all three. And if you are just deciding whether to take on student loans for either an undergraduate degree or graduate school, it’s a good idea to weigh the cost carefully to make sure it makes sense for you to take on this debt. If you make a thoughtful decision, you can feel thankful that you made the financial decision carefully.

4. That ‘Just in Case’ Money

Having a little breathing room in your finances can help ease some stress. Having some extra money, even a little bit, can help you stay out of debt when something unexpected comes up. Whether you are just getting started or you have a healthy emergency fund (most experts recommend saving up three to nine months’ worth of living expenses), you can feel thankful that you are taking control of your finances and are prepared for some little bumps.

5. Technology

Even if technology can be overwhelming at times, it also provides opportunities we wouldn’t otherwise have. Whether you just manage your bank from your laptop or run a whole business from inside your home, it’s pretty amazing what technology can allow you to do. Online tools help you track, manage and understand your finances from anywhere. No matter what precisely you need, technology has made it easier to budget, save, keep an eye on credit scores and decide whether to buy a home. You can even use calculators to figure out how much home you can afford.

While you may not be able to say thanks for all of the things on this list because they don’t apply to you, you can make it a goal to be able to feel gratitude about these financial items next year.

More Money-Saving Reads:

Image: moodboard

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser's responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.

Credit.com receives compensation for the financial products and services advertised on this site if our users apply for and sign up for any of them.

Hello, Reader!

Thanks for checking out Credit.com. We hope you find the site and the journalism we produce useful. We wanted to take some time to tell you a bit about ourselves.

Our People

The Credit.com editorial team is staffed by a team of editors and reporters, each with many years of financial reporting experience. We’ve worked for places like the New York Times, American Banker, Frontline, TheStreet.com, Business Insider, ABC News, NBC News, CNBC and many others. We also employ a few freelancers and more than 50 contributors (these are typically subject matter experts from the worlds of finance, academia, politics, business and elsewhere).

Our Reporting

We take great pains to ensure that the articles, video and graphics you see on Credit.com are thoroughly reported and fact-checked. Each story is read by two separate editors, and we adhere to the highest editorial standards. We’re not perfect, however, and if you see something that you think is wrong, please email us at editorial team [at] credit [dot] com,

The Credit.com editorial team is committed to providing our readers and viewers with sound, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. We will, however, do our best to explain the consequences of various actions, thereby arming you with the information you need to make decisions that are in your best interests. We also write about things relating to money and finance we think are interesting and want to share.

In addition to appearing on Credit.com, our articles are syndicated to dozens of other news sites. We have more than 100 partners, including MSN, ABC News, CBS News, Yahoo, Marketwatch, Scripps, Money Magazine and many others. This network operates similarly to the Associated Press or Reuters, except we focus almost exclusively on issues relating to personal finance. These are not advertorial or paid placements, rather we provide these articles to our partners in most cases for free. These relationships create more awareness of Credit.com in general and they result in more traffic to us as well.

Our Business Model

Credit.com’s journalism is largely supported by an e-commerce business model. Rather than rely on revenue from display ad impressions, Credit.com maintains a financial marketplace separate from its editorial pages. When someone navigates to those pages, and applies for a credit card, for example, Credit.com will get paid what is essentially a finder’s fee if that person ends up getting the card. That doesn’t mean, however, that our editorial decisions are informed by the products available in our marketplace. The editorial team chooses what to write about and how to write about it independently of the decisions and priorities of the business side of the company. In fact, we maintain a strict and important firewall between the editorial and business departments. Our mission as journalists is to serve the reader, not the advertiser. In that sense, we are no different from any other news organization that is supported by ad revenue.

Visitors to Credit.com are also able to register for a free Credit.com account, which gives them access to a tool called The Credit Report Card. This tool provides users with two free credit scores and a breakdown of the information in their Experian credit report, updated twice monthly. Again, this tool is entirely free, and we mention that frequently in our articles, because we think that it’s a good thing for users to have access to data like this. Separate from its educational value, there is also a business angle to the Credit Report Card. Registered users can be matched with products and services for which they are most likely to qualify. In other words, if you register and you find that your credit is less than stellar, Credit.com won’t recommend a high-end platinum credit card that requires an excellent credit score You’d likely get rejected, and that’s no good for you or Credit.com. You’d be no closer to getting a product you need, there’d be a wasted inquiry on your credit report, and Credit.com wouldn’t get paid. These are essentially what are commonly referred to as "targeted ads" in the world of the Internet. Despite all of this, however, even if you never apply for any product, the Credit Report Card will remain free, and none of this will impact how the editorial team reports on credit and credit scores.

Your Stories

Lastly, much of what we do is informed by our own experiences as well as the experiences of our readers. We want to tell your stories if you’re interested in sharing them. Please email us at story ideas [at] credit [dot] com with ideas or visit us on Facebook or Twitter.

Thanks for stopping by.

- The Credit.com Editorial Team