If, like many Americans, you’re keen on saving money, whether it’s for an emergency fund, retirement savings or paying for your child’s college tuition, it’s certainly a great idea. There are however a number of mistakes that people make when trying to save money that actually end up costing them … Read more about Contrary to popular belief, there are wrong ways to save
Spending and investing are part of the modern consumer culture, reinforced by Wall Street, Madison Avenue, and, yes, even Uncle Sam. Truth be told, our government doesn’t always encourage us to save, even though we’re saving less in real terms than we did at the start of the 1990s. During the bear … Read more about The Importance of Saving
We Americans are an optimistic lot, except when it comes to one thing—our ability to save money. Today we have so many Americans trying to learn how to survive on minimum wage jobs. Consider this sad but telling fact: More Americans of modest means think they stand a better chance of accumulating … Read more about Should We Think about Our Financial Future?
Many people have taken to using debit cards in order to keep themselves from overspending and racking up a lot of credit card debt. It’s a great idea, to be sure, but the problem is that these same people also believe that their debit card gives them as much protection as their credit card and, in … Read more about Beware of these Debit Card Dangers
Many people are switching banks this summer thanks to lucrative offers being made by more than a dozen of the top 50 banks in the United States. For example, Fifth Third Bank is offering $200 to new customers who deposit $100 in a new checking account using their direct deposit program. When you … Read more about Free Money? Be Careful With That Offer From Your New Bank
A gallon of gas is just about four dollars anywhere you go in the United States, meaning that families will be shelling out more money this summer when they hit the road for summer vacation. The good news? If you follow some basic tips, the hot weather can actually reduce your car’s fuel … Read more about Windows or A/C? Annual Summer Debate
Although it wasn’t always a welcome gift, many children got savings bonds for birthdays and other holidays. The goal behind them, in most cases, was to have something ready when it was time to pay for college but, let’s be honest, most of us wanted some Legos or Barbie dolls instead. Savings … Read more about Have a childhood savings bond? Here’s what you can do it
Preparing for retirement means exploiting tax advantage investments like IRAs but, in order to get the maximum advantage, knowing exactly how much you can put into them is vitally important. To that end, this blog has all of the info on 2014’s IRA contribution limits including traditional and Roth … Read more about What are the Contribution Limits for your IRA in 2014?