It’s important to build good savings habits as early as possible, but there are certain mistakes to be mindful of at every age. Here are some of the most common savings mistakes to avoid at every age.
Savings mistakes to avoid for 20-somethings…
One of the basic tenets of personal finance is to set aside money for savings. However, determining how much you should save each month can be challenging, especially if you’re not sure where to start.
The amount of money you should save each month will vary…
The last few years have been unkind to checking accounts and credit card statements across the country. But if you’re buckling under the weight of looming bills, crushing debt, and insufficient income, there might be a few bright spots that you’re glossing over. It’s easy to be pessimistic…
Whether it’s an online bank offering a higher yield, cutting the cord on your cable or using modern ways that make budgeting easy, every dollar counts, especially if you’re living on a fixed income.
Millions of baby boomers also face the daunting challenge…
If you’re a freelance worker, an independent contractor or an hourly employee, your irregular schedule delivers irregular income. You might not know how much you’ll make each month, but one thing is certain: You need to create a budget to make sure you’re current with all your bills…
These days, everything from gas to utility bills to food is costing more. We can blame that on inflation.
In December, the Consumer Price Index, which measures the cost of consumer goods, reached 7%. That represents the index’s…
Earlier on in the pandemic, unemployment was a major problem — so much so that lawmakers felt compelled to boost jobless benefits and send out stimulus checks to help compensate for it. But these days, the labor market is much healthier. Not only has the national unemployment rate…