For those lucky enough to be nearing retirement, or at least discussing the possibilities for your retirement, you may be regularly checking your State Pension age in case of any changes. The State Pension age is the earliest age you can start receiving your State Pension. This age may be different from the age which […]
Americans have a savings crisis on their hands. Roughly 40% of Americans don’t have enough in savings to cover an unexpected $400 expense, according to a report released in May by the Federal Reserve. And a separate report by personal-finance website Bankrate found that one in five Americans have more credit-card debt than they do in emergency savings. Meanwhile, a […]
Many workers spend upward of 40 hours a week on the job, and a large chunk of us go so far as to regularly log in after hours and on weekends to get our work done. Given the amount of time we all spend working and the massive collective effort we put in, you’d think […]
Goodbye, 2018. Hello, 2019! As the new year gets underway, there are 10 steps in financial planning you should take to position your investments, finances and estate plan to flourish in 2019. Call this your must-do financial checklist for the new year. Best of all, these steps in financial planning do not require you to […]
For many workers, there’s nothing better than a raise to kick off the start of a new year. But if your financial resources are limited, boosting workers’ pay may not be an option this year. Still, that doesn’t mean you can’t show your appreciation in other ways. Here are a few things to do for […]
Though working from home certainly has its benefits, it’s not for everyone. In some cases, not being physically present at the office could thwart your career progress and make it more difficult to do your job. There’s also the loneliness factor to consider — working remotely can be isolating, and if you’re the social type, […]
A new year means a new opportunity to set yourself up for a financially secure future. Here are a few key moves to make for your retirement over the next 12 months. 1. Assess your savings Though there’s no magic savings number that guarantees financial security in retirement, as a general rule, you should aim […]
Today’s workers crave flexible job schedules for many reasons, such as achieving a more ideal work-life balance or better managing family-related responsibilities. And employers who offer their staff that flexibility are often rewarded in the form of hard work and increased output. But here’s another reason why it pays to be flexible when it comes […]
Budgets only work if you stick to them, and smart budgeters leave themselves some wiggle room for discretionary spending, or budget in some “mad money” to use as they see fit. In many cases, however, people make budgets that reflect an optimistic version of themselves. Your budget should reflect you as you are — the […]
Saving money doesn’t have to be complicated. And it doesn’t mean you have to give up your daily Starbucks. CNBC Make It has rounded up five easy savings tricks that can help you pad your bank account in 2019 without feeling like you’re sacrificing. Automate everything If you want to save more money, start by […]
If saving money were easy, we’d all have more-robust bank accounts. Unfortunately, most Americans are glaringly behind on savings, and the reason boils down to — you guessed it — overspending. In fact, 10% of U.S. adults admit to having spent too much over the past year, according to new data from Mass Mutual. If […]
Gerri Detweiler, a credit expert and education director at Nav, a small-business financial management platform, discusses credit scores. QUESTION: FICO recently announced a new credit score called UltraFICO. How is it different from the traditional FICO score? ANSWER: Traditional credit scores rely primarily on information from the credit bureaus. UltraFICO also looks at how you […]
