Contributing to a 401K is a smart financial move and often the only retirement account options available for most employees. But if your 401K is
Automate Your Savings and Watch Your Wealth Grow
Saving money can be challenging. If the money is in your account, it’s hard not to go out to eat, buy a new pair of sneakers, or go away for a long
7 Ways to Avoid Lifestyle Creep
You've worked hard for months, and finally, you're getting a well-deserved raise. First, you're going to treat your spouse to a nice dinner, then
How to Start Paying Off Your Debt Immediately
No one enjoys being in debt. Making monthly payments to lenders is painful, especially when you're still years from paying off your loans. But a
How to Create a Financial Plan
Financial planning is mapping out income, expenses, healthcare, taxes, etc., to help make informed investment and financial decisions. The main
What is Your Personal Savings Rate?
Saving money is one of those necessary burdens of life. We all know we should probably be saving more, but there are bills due and unexpected expenses
The Power of Compound Interest
Most people are familiar with the concept of a snowball rolling down the hill and getting bigger and bigger as it hoovers up snow. That same concept
Understanding Bank Certificate of Deposits (CDs)
Certificates of Deposit or CD is a type of savings account found at commercial banks and credit unions. You lend money to the bank, in return
What is Dollar Cost Averaging?
The thought of investing can be daunting. If you’re just beginning, it can be difficult to know where to start. Dollar cost averaging can help you
Pay Off the Mortgage vs. Invest the Cash
Owning a home is an expensive proposition. In fact housing, transportation and food account for more than 60% of the average U.S. household’s
A Guide to Health Savings Accounts (HSAs)
A health savings account, or HSA, is a tax-advantaged savings and investment account that was created in 2003 to help Americans with high-deductible
Emergency Savings: How Much is Enough?
How can you protect yourself from future cash crunches? Simple, by building some emergency savings. Savings can come in a variety of formats,
Tired of Being Broke? Try Budgeting
People live paycheck to paycheck at a high rate in America, and there’s a good reason for this: inadequate financial management. While the high cost