When it comes to money, people usually fall into two categories: spenders or savers. To put it simply, spenders are those who tend to spend whatever they have, and savers always put something away, regardless of how little they have.
For many, fall signifies the beginning of the end of the year. It’s a time when many people start to plan for the holidays and the new year. Whether it's about decorations, parties, gifts, travel, entertainment, or anything in between, the magic of fall is contagious.
Playing the stock market isn't the same as buying a lottery ticket, although Wall Street could be considered the biggest casino in the world. The fact is you are only risking a few dollars if you buy a lottery ticket. If you try to act as your own stockbroker, you could be putting your entire financial future at risk.
Nearly all of us can find a reason to put off saving money. We have all done it — we come up with excuses like I will start saving when I get my raise this year. The fact is that most of us spend more money as we make more money, meaning our best intentions to start saving gets put off year after year.
Every day you inch a little closer to retirement. And, if you’re like many future retirees, you may be starting to second guess whether you have enough money saved for the lifestyle you’ve dreamt about for your golden years.
While fuel prices will always fluctuate with the economy, there are many things you can do now to help you save more at the pump. So whether you’re planning a road trip or want to lower your everyday expenses, follow these ten money-saving tips.
When it comes to saving for retirement, time is your best friend. The longer you’re able to allow compound interest to work in your favor, the better. However, even if you start saving early, it’s not uncommon to feel like you may be lagging in the retirement savings department.
Whether it is car repairs, medical bills, or a sudden job loss, unexpected expenses are sure to pop up from time to time. Putting aside three to six months of living expenses into an Emergency Fund should be at the top of everyone’s financial to-do list.
It’s never too early to begin planning for your retirement. In fact, the earlier you start your planning, the greater security you’ll have when the time for retirement arrives. Many people in their 20s and 30s view retirement as something that is so far in the future that it’s hard to make it a priority.
For those of us who aren't rolling in money, saving a portion of a paycheck is a chore. We know we should do it, but there are so many other fun things to do with our money.
