Are you struggling to save money? You're not alone. According to Bankrate data, more than half of Americans have less than three months' worth of expenses saved to help cover emergency expenses. The pandemic has been especially challenging in terms of cash management, too: Thirty-four percent of respondents in the research reported having...
The consumer price index, a government measure of inflation, has gone up more than 6% in the 12-month period ending in October. That means everything is 6% more expensive, on average. And that means every dollar you have that isn’t earning greater than a 6% return is currently…
If you want to build momentum for your New Year’s money resolutions, set some financial improvements into motion before the end of the year.
Here are six easy-to-implement steps to help boost your…
Time is money, but time is not money’s friend — at least not in the current inflationary environment. When inflation is up, the purchasing power of the dollar goes down, which not only affects the cost of goods and services but also impacts your savings and investment earnings…
The path to becoming financially secure is not linear. Nor is there a one-size-fits-all approach.
But to put your head in the sand over saving and investing, whether for retirement or some other goal, is perhaps the worst strategy of all…
Most people spend $100 per month (or more) for cable TV or streaming services, their cellphone service, gas, coffee to go, or any number of things without thinking about it. Some people even spend money on subscriptions they’ve forgotten they had. I recently realized I was paying way…
Many of us are so busy with our day-to-day lives, making short-term decisions left and right, that we don’t pay much attention to the long term — to our futures. When we do think about it, we often put off doing things that we ought to do — like saving and investing for our retirement years…