Author Profile: Shannon

Shannon

Shannon, Community and Customer Support Manager at ReadyForZero. Shannon McNay is a transplanted Midwesterner living and writing in San Francisco. She enjoys writing about personal finance and many other topics while helping ReadyForZero users pay of their debt.

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The FAFSA Does NOT Equal Free Money

Long before I was a personal finance writer, I developed a personal finance pet peeve. This pet peeve started during college and grew to epic proportions as I became more embroiled in the world of personal finance and particularly student loans. Want to know what it is? The widely accepted notion that the FAFSA = free money. I can completely…

Years After the Great Recession, Positive Financial Habits Emerge

The past few years have been pretty tough for many Americans’ finances. The Great Recession of ‘08 led to a drastic increase in foreclosures, job cuts for experienced professionals, and a near impossible job market for new graduates. And now, 5 years later, though many are still struggling with debt and worries about future retirement, positive signs are emerging. As…

CFPB Warns Against “True Cost” of Credit Card Promotions

It’s no secret at the ReadyForZero office that math isn’t my strongest subject (though I’m on a mission to never say “I’m bad at math” again). I’m fine with basic math and budgeting, but as soon as I have to start calculating deferred interest, compound interest, and the like, my brain wants to shut down. That’s how just a few…

What Is Wage Garnishment? (How to Deal When Debt Leads to Lost Pay)

When I was a little kid, I used to listen to adults using financial terms and totally panic. “How could I ever understand what these things mean??” I would think. I vividly recall reading the biography of U.S. gymnast Dominique Moceanu and how her family put a second mortgage on their home to pay for her athletic training. At the…

ReadyForZero Launches Its First Ever Android App!

After months of hard work prompted by many requests from people like you, we’re happy to announce the release of our very first Android app! And we’ve already heard some great feedback from users! “I really like this!!!! So easy to use.” “Very crisp and responsive UI and very pretty. So far, I’m impressed.” Enjoying seeing my goals to be…