A multitude of retirement savings options exist, but choosing the amount to save and the right type of account will depend on your own goals and plans. In this article, learn more about what you should be researching and how often you should consider making changes to your savings rate.
Should you focus on paying off debt, saving for a comfortable retirement, or putting something away for starting your own venture? With so many competing financial goals, it can be hard to know what to focus on first. While every situation is different, here’s a guideline of how to prioritize your financial goals when you can’t do it all.
Do you know the true costs of homeownership? You’re not missing out if you are deliberate in your decision making process. A home purchase should reflect and support your overall financial goals, not hinder them. Here are some things to think about.
Today, more than a third of Americans are working in the gig economy — loosely defined as those who work a series of freelance or short-term jobs rather than one full-time job. Whether out of necessity or due to the independence the world of freelance provides, it’s safe to say the gig economy won’t be going anywhere for a while. If you’re on the fence about cashing in on the gig economy, consider these reasons to give it a shot.
“Make your money work for you” is among the most common pieces of personal finance advice shared, but what does it actually mean? And more importantly, how can you do it? While there is no single way of doing it, we’ve outlined a few ways that you can use to get your money working — as well as a few mistakes that could be preventing your money from working as hard as it could.
When it comes to decision-making, it’s not uncommon for there to be an internal tug-of-war between the needs of our present self and our future self. This battle is particularly pronounced when it comes to managing finances. Fortunately, there are strategies you can use to enjoy life now while still keeping your future self top-of-mind.