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...
Where is the best place to put your savings?
If you're working toward a savings goal, you have a lot of options for where you can put away your cash. Savings accounts, certificates of deposit, money market accounts, cash management accounts and investment accounts are all possibilities.
So which should you choose? That depends on how far away your...
What percentage of income should I save?
Putting a portion of every paycheck into savings can be an important step toward building financial security.
Parents, financial professionals, and TV pundits like to press that point when they talk about setting lifetime goals, but it’s actually kind of a no-brainer.