Grow your money with smart saving habits and investment strategies. From emergency funds and high-yield savings accounts to stock market basics and long-term investing, this section helps you build wealth step by step.
It goes without saying that you invest with one goal in mind: to make money. While some investments are safer than others, there is always some level of risk involved. With all this in mind, it’s important to take a step back, assess your situation, and make changes that will allow you to invest like … Read more
Many people put saving money at or near the top of their list of financial goals. Still, saving money can be tough for people at all income levels. If you’ve been working toward building a bigger savings, use these tips to help reach your goal. Spend less than you earn. Perhaps the most important thing … Read more
During the winter months it is not always easy to think about summer. After all, it seems so far away. However, if you have plans on vacationing this summer, now is the time to begin the preparation process. In addition to selecting a location, you need to set a budget and start saving. It won’t … Read more
There are many benefits of saving money in an emergency fund, including the peace of mind this will bring to your financial situation. But here is the problem: it is not always easy to determine when you should use this money and when you should leave it be. To get on the right track, here … Read more
It’s important to have a plan for extra cash when you find a way to spend less or make more. No amount is too small to have a plan for – even an extra hundred dollars a month can make a big difference over the long run. With a good plan, you can be sure that extra … Read more
It’s not hard to find ways to save a few dollars here and there, and those few dollars can easily add up to $100 or more per month. Consider making changes to your routine to find the cash to put into your emergency fund, savings for a down payment on a home, your retirement account, a … Read more
Just because you put a lot of time into creating a budget doesn’t mean it will help you achieve financial success. Here is why: You may have used inaccurate data. You have to stick with your budget (not just create one). You aren’t being realistic with your expectations. If your budget continues to fail you, … Read more
Some people keep a close watch on their savings, knowing exactly what is going on at all times. Others, however, subscribe to the “set it and forget it” philosophy. In other words, they make a final decision and leave things that way for an extended period of time. You don’t have to review your strategy … Read more
With 2015 right around the bend, there is no better time than now to think about the steps you can take to maximize your savings potential. By implementing a few simple strategies, it won’t be long before you are saving more money than you ever imagined possible. Here are three ideas to consider: 1. Automate … Read more
Starting an emergency fund is easier said than done. Even though you may have been putting this off for quite some time, nothing is stopping you from making a change in the future. Here are three times when you will be glad that you have an emergency fund: 1. Job loss. If you find yourself … Read more
