America’s collective readiness for retirement is improving, according to Fidelity’s latest Retirement Savings Assessment study. The study distills America’s retirement readiness into a single score representing the percentage of estimated retirement income that the average saver will require. According to the current study, America’s combined retirement score is 80 – meaning that the average American […]
Warren Buffett warned students about the perils of using debt and leverage decades ago, using Donald Trump as a negative case study. Buffett was asked by a Notre Dame student about Trump’s business troubles during a question-and-answer session in 1991. Trump’s Atlantic City Taj Mahal casino filed for Chapter 11 bankruptcy protection later that year. […]
While it may be tempting to splurge on a new spring wardrobe with your refund, tax season, even when you have a tax refund in hand, is actually the best time of year to do a financial check up first. Especially if you only take a good look at your money situation once a year, […]
Do you think saving for retirement is just too tough? Think again. The number of people with 401(k) balances of at least $1 million hit a record 150,000 at the end of 2017 in plans run by Fidelity Investments. Likewise, the number of Fidelity-run IRAs with retirement savings balances of $1 million or more hit […]
Some of the age-old rules that apply to your very own savings and checking accounts apply to handling your business’s finances. Here are 10 expert tips to keep in mind while managing your business, which might seem awfully familiar. Managing your small business’s finances isn’t as daunting as it may seem. While there is certainly […]
How much of your money are you saving? If you’re like most Americans, the answer is probably not enough. Putting aside money for your future is essential, but as many as 65% of Americans are saving too little of their incomes, according to a new survey from Bankrate. Saving money is undeniably difficult, especially if […]
In the rush to get your taxes done by April 17, don’t forget to do one more thing: Make your contributions to your individual retirement account for 2017. April 17 marks the final deadline for IRA contributions for tax year 2017. You can contribute as much as $5,500 total to a pre-tax IRA or a […]
These days, our whole lives are on our phones. From calendars to social media to music, smartphones have a lot of uses, and saving money can be one of them. While you may know that apps can save you money, you may not know that there are multiple types of money-saving apps. With so many […]
As the tax filing deadline looms, many Americans continue to prepare and file their annual income taxes. The 86 million taxpayers who own their homes and have a mortgage, can take advantage of different tax deductions, including deducting their mortgage interest and the insurance premiums of any private mortgage insurance. The IRS allows taxpayers to […]
According to Halifax, house prices increased by 1.5% over the last month, with an average home costing a whopping £227,871. Getting yourself onto the property ladder and getting the best mortgage deal is one of the biggest financial commitments you’ll ever make. There are many ways to save money and plenty of decisions to make […]
Having to constantly hand over cash for endless necessities is just part of being an adult. Mortgage or rent, food, roof repairs, surgery for your dog (these are some of my own recent budget line items) … The list goes on and on. With all that going on, it can become easy to make excuses […]
A grocery store tour at the Marshall Ingles on March 28 took a group of six women and two men through the store to share tips and ideas about how to shop health consciously and on a budget. Mary Beth Horrell led the tour. The longtime dietitian said the walk through the aisles aimed to […]
