Saving money can be a struggle.
Our present spending takes priority over putting money aside for the future. There’s always one reason or another why we can’t save more.
But that doesn’t mean you’ll be doomed to have puny savings forever…
With the economy still scorched by the pandemic and lower-income groups feeling the brunt of the burn, the prospect of having money to spare could sound like something out of a fairytale. But let’s suppose you do come into some extra cash. Not enough to say, buy a house or pay for college,...
The 50/30/20 rule is a budgeting strategy where you spend 50 percent of your income on essential needs, 30 percent on wants and 20 percent on savings.
Needs are things you absolutely must have. The 50/30/20 rule says you should spend about half of your take-home pay on these…
Despite the massive economic toll the coronavirus pandemic has wreaked on many people, others may have added some unexpected cash to their bank accounts. According to a Pew Research Center study, about 42% of Americans say they've been spending less money since the start of the pandemic. Decreased spending, tax refunds, relief checks...
COVID-19 shook even the most diligent penny-pinchers as jobs disappeared, budgets stretched and savings accounts went on crash diets across the country. Now that the weather appears to be breaking, many people are starting over from scratch or are back to where they were before the virus with nothing or close to it...
As the pandemic shut down the world around her, Ashli Smith, an Atlanta resident and mom to a newborn, says she set up autopay for her recurring bills to help her stay organized and avoid late payments. “With everything going on, plus being a mom, I don’t want to forget to pay something...
Starting a side hustle can be a great way to bring in extra income, especially if you need money to grow your emergency fund or pay down debt. With so many ways to make money online or in person, it’s possible to work a side gig around your regular 9-to-5 job…