Category Archives: Savings

How to Work toward Financial Goals While You Save for Retirement

How to Work toward Financial Goals While You Save for Retirement

One of the biggest challenges that individuals face as they create a monthly budget is balancing saving for retirement with their other financial goals. Finance experts recommend saving as much as possible for retirement starting at the outset of one’s career. That said, younger professionals generally have a number of other goals in mind first,… Continue Reading

3 Strategies for Achieving An Excellent Credit Score

3 Strategies for Achieving An Excellent Credit Score

A number of different factors go into a credit score, and some people work for years to move their score into the good range. In general, people who have credit scores above about 700 are in decent shape, but those in this situation often wonder how to take their credit score from good to great.… Continue Reading

6 Changes to Social Security in 2019 That Beneficiaries Need to Know about

6 Changes to Social Security in 2019 That Beneficiaries Need to Know about

In the United States, more than 62 million people rely on Social Security as a source of income, including about 43 million retirees. Recently, the Social Security Administration (SSA) announced some important changes to benefits that will begin in 2019. Individuals who rely on this income need to make sure that they understand these changes… Continue Reading

5 Tips and Strategies for Introducing Children to Personal Finance Issues

5 Tips and Strategies for Introducing Children to Personal Finance Issues

It’s a sad fact that the public school system in the United States does little to introduce children to the concept of money and financial responsibility. Even at the college level, colleges typically only offer such classes as an elective, if at all. The results of this lack of financial education are clear: a report… Continue Reading

5 of the Best Smartphone and Online Apps for Becoming Debt-Free

5 of the Best Smartphone and Online Apps for Becoming Debt-Free

Modern technology provides a wide range of tools for taking control of our personal finances. While many people have heard of Credit Karma, which provides guidance with improving personal credit scores, or Mint, a budgeting app, individuals may be unaware of the many specialty personal finance apps out there. For example, a number of excellent… Continue Reading

5 Simple Ways to Maximize Your Income during Retirement

5 Simple Ways to Maximize Your Income during Retirement

One of the most pressing concerns for people nearing retirement is the possibility of running out of money. Unfortunately, this fear is grounded in reality. The Employee Benefit Research Institute (EBRA) reports that more than 80 percent of Baby Boomers in the lowest income quartile will run out of money within two decades of retirement.… Continue Reading

7 of the Best Free Online Courses to Learn More about Personal Finance

7 of the Best Free Online Courses to Learn More about Personal Finance

No one is born with innate financial knowledge. Unfortunately, this truth means that many Americans will have some major regrets in terms of how they handle their personal finances. On the other hand, individuals today have more tools than ever before to learn about personal finance and possibly avoid some of the most common mistakes.… Continue Reading

How to Write the Strongest Home Purchase Offer Possible

How to Write the Strongest Home Purchase Offer Possible

One of the most stressful personal finance processes that people may go through is purchasing a home, which includes everything from making an offer to securing financing. In a seller’s market, like the one we are currently in, individuals often face a lot of competition when they put in an offer on a home. For… Continue Reading