Category Archives: Saving

6 of the Most Common Mistakes People Make When Saving Money

6 of the Most Common Mistakes People Make When Saving Money

Most people find it difficult to save money for a large purchase, a college education, or retirement. While proper budgeting can make the savings process easier, it is important to learn what mistakes to avoid. Understanding the most common mistakes involved with saving money can help people meet their goals just as much as knowing… Continue Reading

6 Tips to Keep Your Finances in Shape This Summer

6 Tips to Keep Your Finances in Shape This Summer

During the summer, students are home from school and families start thinking more about vacation. For many, summer is the most exciting time of the year. However, this excitement can easily lead to overspending as individuals try to pack as much as possible into the warm, sunny days. Maintaining a budget is often more difficult… Continue Reading

5 Tips for Catching Up on Your Retirement Savings

5 Tips for Catching Up on Your Retirement Savings

The best time to start saving for retirement is as early as possible, ideally while you are still in your 20s. Saving early provides more time for your investments to grow and ultimately results in exponentially more money during your retirement years. For a wide variety of reasons, however, saving in your 20s—or even your… Continue Reading

5 Different Approaches Couples Can Take to Integrate Finances

5 Different Approaches Couples Can Take to Integrate Finances

According to a recent study by Credit Karma, about half of millennials who are married say that they merged their finances prior to tying the knot. Regardless of when couples decide to merge their finances, the decision involves a number of important questions and considerations. There are many different methods of combining finances, and it… Continue Reading

5 Amazing Budgeting Apps That Can Help You Reach Your Goals

5 Amazing Budgeting Apps That Can Help You Reach Your Goals

One the biggest challenges in personal finance remains budgeting. Creating and following a budget is critical for reclaiming a sense of power over your finances, yet people often have trouble making a realistic budget or staying within it. Luckily, modern technology offers a number of solutions, including a range of budgeting apps, each of which… Continue Reading

4 Facts About Bankruptcy You Need to Know

4 Facts About Bankruptcy You Need to Know

While individuals should make every effort to get out of debt using strategies like budgeting and consolidation, sometimes this is simply not possible. The end-of-the-line option is bankruptcy, which is a legal declaration of the inability to pay off debt. People should not take bankruptcy lightly. While the process can help give individuals financial breathing… Continue Reading

5 Reasons You Need to Start Investing Now if You’re in Your 20s

5 Reasons You Need to Start Investing Now if You’re in Your 20s

People in their 20s often put off investing for a variety of reasons. Some people want to wait until their financial situation becomes more stable, and others hope to make more money before they start investing. Whatever the reason, putting off investing is a mistake. People in their 20s are actually in a prime position… Continue Reading

How to Get Children Involved in Investing at Every Age

How to Get Children Involved in Investing at Every Age

Part of raising children involves teaching them to be financially responsible starting at an early age. Today, many parents believe that investing is a key element of financial responsibility and wonder how they can help their children learn the basics. Teaching children about investing is a great way to round out their financial education and… Continue Reading