For many Americans, one of the best ways to build wealth is to save in an employer-sponsored retirement plan like a 401k. It makes good sense: there are many advantages to this type of account. The money comes out of your paycheck before you even see it and it’s easy to sign up for the […]
How to Rock Your Budget and Savings Goals
The beginning of the year is the perfect time to reevaluate your budget and change things up a bit to ensure you rock your goals for the new year. As a young professional, you have time on your side — but that isn’t a reason to be complacent with your budget or savings. Your budget […]
How To Safeguard Your Budget During the Expensive Holiday Season
According to the National Retail Federation, adults are expected to spend an average of $931.10 this holiday season. That’s a substantial amount of money for any budget, and it’s a big expense to bear for young professionals who are working toward big money goals like repaying student loans, saving for retirement, or building up an […]
How New Parents Can Save on Childcare Costs
Recent estimates released by the US government say that a child born in 2013 will cost parents $245,000 to care for until the age of 18. That’s a quarter of a million dollars to raise a single kid, and that figure doesn’t include the cost of college or other types of higher education. Not to […]
Why Gen Y Needs to Start Saving Now
Many Millennials say they’ve learned good financial lessons from watching older generations struggle with the consequences of bad money management in the Great Recession. But saying and doing are two different things — and recent polls suggest that when it comes to the “doing,” Gen Y isn’t doing enough. Consider these facts on Millennials and […]