About PeerFinance101

The only personal finance blog about YOU! Real stories about debt, investing and making money from readers like you.

Ok, so this isn’t the first personal finance blog on the internet. Shock! It’s probably more like the millionth.

In fact, there are some really great blogs out there and some bloggers with really amazing stories. So why would you need blog #1,000,001?

Before you click away to watch the latest video of a cat playing piano, let me ask you one question.

What is missing across all the blogs, investing sites and personal finance sources on the web?

Of nearly all the internet resources available to help meet your personal finance goals, what is the one thing lacking?


Nearly every blog I’ve ever read is written by one or two people claiming their own perspective on finance. They may have some good ideas and some great advice, but they are not you. When I started this blog, I almost fell into that same trap. I put together a list of all my financial accomplishments and set about crafting my story for the site.

It would have been just another blog about one person’s views and ideas.

Then I thought, why not make a blog where everyone could share their personal finance stories. I would still moderate, posting ideas and advice, but the blog would be here to highlight readers’ stories.

It would be your story, your personal finance journey and how you got there.

Peer Finance 101 is about people sharing their personal finance journey so everyone can learn together! It’s personal finance 101 straight from readers like you.

So before you click through to some of the great personal finance stories from other readers, take 30 seconds to think about your biggest personal finance lessons and challenges.

I’ve been an investment analyst for over 20 years, working with large institutions as well as private clients. I’m putting everything I’ve learned about personal finance and combining it with your real-life experiences in PeerFinance101!

Another question. What is the one, most important thing you want to accomplish with your personal finances?

Feel free to email me your most important personal finance goal. I love to hear from readers and if I can’t answer your question or refer you to one of the articles on the blog, I’ll help you find the answer on another personal finance blog!

Check out some of the most popular posts on the blog.

You’ll find lots of resources and information here on the blog no matter what your goals or personal finance needs. From some custom personal finance calculators to help you pay off debt and invest to reviews of different resources I’ve used.

I’ve used several personal loan sites like PersonalLoans.com and OppLoans while trying to rebuild my credit. I share my experience, both good and bad, with readers on the blog.

Check your rate on a loan up to $35,000 – won’t affect your credit score

Have you had problems with credit? I did…big time. I destroyed my credit in 2008 and share how I’ve since built my credit score up to 805 FICO including the five credit hacks that helped me do it!

As for my own story,

As an investment analyst for nearly a decade, I love writing about investments and how to turn consistent returns into your own financial freedom. Like so many people, I was once trapped into the money myth and what I thought it meant to be wealthy. After successfully investing through the internet bubble and taking advantage of the lead-in to the housing bubble, I thought I had made it to financial freedom.

I had a brand new sports car, a Rolex and everything I was brainwashed to think that you did when you were successful…but I wasn’t happy. I absolutely hated my 9-to-5 job and was just waiting it out a few decades to early retirement.

It took losing much of what I had in the bursting of the housing bubble to figure out that it wasn’t the life I wanted. So what if I were able to save enough money to retire rich. Who wants to be an 80-year old millionaire if you had to eat oatmeal all your life to get there?

I work harder today than I ever did when working a 9-to-5 but can truly say that I love my job. Instead of what everyone tells me is the meaning of financial freedom, I reevaluated what it meant for me and live it every day. I’m not waiting until retirement to be happy and I don’t think you should either.

Not sure where to begin? Get your free 12-step Financial Freedom Checklist and be on your way to a happier financial future.

The P2P Lending Revolution Comes to Personal Finance

I come from an investment analyst background and have been amazed at how the peer to peer lending revolution has changed banking. Peer to peer loans have all but replaced traditional bank lending for many people.

So I thought, why not take the p2p lending idea and apply it to personal finance. I don’t mean lending money to others. I’m talking about people helping other people out by sharing their personal finance stories, their financial challenges and their successes.

That’s what peer to peer is really about, individuals helping out other individuals. Here on Peer Finance 101, we do it by sharing peer stories.

PeerFinance101 is also a Peer Lending Sites Resource

The blog has also become a great p2p lending resource with some excellent articles on peer to peer lending sites and how to use personal loans responsibly. I destroyed my credit in my early 20s and it was only through peer loans that I was able to rebuild my 600 credit score and get my finances back on track.

I share my experience through my own peer story on the blog and one of our most popular articles is a review of the peer to peer lending sites I used to get back on my feet. Like any loan, peer lending can get you in trouble if you don’t use it right. The average American has over $52,500 in loans and credit card debt not including their mortgage. That’s why we spend so much time on the blog talking about fixing your credit score and using peer to peer loans correctly without falling into the same old debt traps.

It’s not a one-way blog though. The best way to get the most out of PeerFinance101 is to share your own personal finance story and to get advice from the community. Share the blog and some of the article with friends and family, talk about your personal finance goals. I owe everything to a friend that helped me understand my finances and you’ll get the same thing here on the blog.

Email me at jhogue@peerfinance101.com or through the contact form to share your personal finance story. You don’t have to provide your full name and I’ll never share your email information.