Leakage: It’s more than just a plumbing problem. The term also describes money that, for various reasons, gets removed permanently from Americans’ 401(k)-style accounts and Individual Retirement Accounts — well before retirement age. “Leakage out of workplace plans and IRAs reduces retirement saving,” a new study by researchers at Boston College noted. “This reduction would […]
Congrats! You hit your first payday. Maybe you earned $20 for babysitting, extra cash for yard work or a first payment from a part-time job. You put the money in the bank, but -— what’s next? High school is a great time to build good financial habits, but anyone can benefit from the basics. And […]
THE holiday season has begun in earnest and sunseekers are finding real bargains as travel firms slash last-minute prices by up to half. The Costa Brava and Costa Dorada in Spain, and the Greek island of Corfu, offer some of the cheapest budget breaks with prices from as low as £125 per person These prices […]
Expanding your family certainly has a way of shifting your perspective on finances. Whether you’re hitting up your local big box store for baby gear, diapers or mapping out a budget for child care costs, you’ll want to pinpoint the spending and saving strategies that work best in your household. Here, real parents share the […]
In a survey from Credit Karma, 39% of millennial respondents said they spent money they didn’t have to attend social functions with friends. And while fun experiences are one of the best ways to connect with friends, they’re not worth going into debt. After all, if you can’t afford it, the stress could keep you […]
Now that you have a summer job lined up, how are you going to save some of those Benjamins so you can be financially prepared for college next year? Here are some money-saving tips for your summer employment. Live at home. Saving on rent and food can be a big boost to your bottom line, as […]
Federal employees are turning to a Delaware insurance company to save money on necessary safety nets. Starr Wright USA helps federal employees save money on professional liability insurance by offering a variety of services and specials tailored to people who work for the federal government. The insurance company is currently running an offer that grants […]
It’s no secret that a kitchen appliance is a major purchase. So if you’re on the hunt, you’ll want to learn some of these clever money-saving tips from industry insiders. Don’t focus on seasonal sales You don’t want to wait until your refrigerator or oven breaks before replacing it, but you don’t need to time […]
The month of May prepares us for the transition from spring to summer, but it’s also a time to celebrate accomplishments with — and to show appreciation for — friends and family. Your credit cards can help. Here are some tips to try out this month: Optimize your Mother’s Day shopping Mother’s Day is May […]
After months, perhaps years, of wedding planning, a honeymoon is a much-needed, highly anticipated break for most couples. An exciting chance to get away together to a dream destination, whether that be the beaches of Tahiti or trekking in Nepal. However the task of organising that trip of a lifetime can create unnecessary stress by […]
It probably isn’t surprising to you that only 1 in 3 states requires their students to take a personal finance class to graduate. Unfortunately, this hasn’t really changed much in the past few years. And even when personal finance is taught in our schools, it often lacks the why behind money which helps the topic […]
The notion of self-care has been making the rounds in lifestyle magazines and across social media networks – and a similar philosophy seems to be making its way into financial planning sessions and personal finance advice now, too. Financial self-care, like general self-care, can mean different things to different people. But the gist is about […]
