Tag: saving

So you’re getting married? Congratulations! Decisions about churches, colors, the bridal party, and which family/friends to invite often become choices that take center stage but there are other, less glamorous considerations that have a much longer lasting impact. Those considerations involve financial matters. While the most common subject of marital…

Everyone is looking to cut costs in the current economic climate and one place that is often over looked is auto insurance premiums. While getting multiple free quotes for insurance is easy, actually understanding the factors that lower your insurance is even more important.  One such factor is the safe…

With the passage of health care reform, a major political achievement for the Obama administration, Americans will finally start seeing the actual impacts of many of these new laws. These changes will only initially impact people who buy new policies or are in plans where the coverage year is about to…

With longer life expectancies, a roller coaster stock market, and lessons learned from a post-pandemic world it’s more important than ever to find ways to boost your retirement savings now. Although there may be many obstacles to doing so, even just a few of the simple tactics outlined here can…

Here's the number that should frame this whole decision in 2026: the national average savings account pays around 0.6% APY, while top online high-yield savings accounts pay 4% or more. Where you park your money now matters more than it has in most of the past two decades. The old…

Nothing is more significant over the long term from a financial planning aspect than ensuring you are setting aside and investing a sufficient amount of money to take care of your monetary needs in retirement. This can be easy to put off, especially if retirement is far away and taking…

Free checking is coming to end thanks to new Financial reform regulation that will force banks to cut overdraft and ATM fees, which traditionally covered the cost of providing free checking accounts. Bank of America and Wells Fargo, US banks with the largest branch networks, have already started to discontinue…

After about a year of running my business, I'd built up a decent cushion of savings sitting in a checking account earning close to nothing. The account had features I liked, but it wasn't putting compounding to work for me — so after a promotional offer (a bonus rate plus…

In the current financial climate as the economy slows with rising inflation, many of us are under pressure to pay the bills, buy basic household items and meet our day-to-day expenses. Finding spare cash to pay off loans, save for your kids college expenses and to build up a decent…

Low cost auto insurance rates are available everywhere, as companies cater to people trying to cut costs wherever they can. Unfortunately, not all insurance companies are equal, and low insurance rates can turn into a big future hike if you do not know what to look for or what to…

There are a number of factors that come into play when calculating your life insurance premium. It would therefore be worthwhile to know exactly what goes into the calculation process and whether you can do anything to reduce your life insurance rate from your end. Insurance companies all have certain…

There is an important debate brewing around inflation in terms of its rise and sustainability. Many believe we are headed to significantly higher inflation in the coming months as Trump cuts taxes and imposes tariffs. Ultimately, whether we see inflation as a significant or permanent risk is a decision we…

I've had my auto insurance with State Farm for the past few years, and every year their car insurance premiums have been going up. It was only a few dollars difference and I just ended up paying the higher rate. But when I recently received a new renewal notice, their…