Save Money on Transportation

The average cost of owning and driving a car 15,000 miles a year is $8,121 according to the American Automobile Association (AAA). SUVs are even more costly at $10,448 per year. That includes all costs of ownership, such as gas, insurance, maintenance, registration, taxes depreciation, financing and more. And those estimates were made in the spring of 2008—before gas prices spiked in the summer... Continue reading

Post Brexit: What to Consider Before Investing in the Stock Market

Date: June 30, 2016 If you've put a little money aside and you're looking to make it grow, your thoughts might turn to investing in the stock market. Maybe you woke up one morning realizing that retirement is a bit closer than you thought so you want to bulk up your savings. Maybe you'd just like to have a little larger nest egg than you currently enjoy. Even if last week's Brexit vote may make... Continue reading

Manage Your Personal Finances, Master Your Life: Will Lowering Tax Withholdings Increase Savings?

Manage Your Personal Finances, Master Your Life: Will Lowering Tax Withholdings Increase Savings? Federal income tax returns are typically due on April 15 each year. Getting a big, fat income tax refund can be a satisfying, even exhilarating experience, but the only reason you'll get a refund is if you overpaid your taxes in the first place. You can look at it as a form of forced savings, but... Continue reading

Save Money on Practically Everything

Want to save a buck? How about a few hundred or a couple thousand? We took a look at eight spending categories in your budget and identified dozens of ways you can keep more money. Whether you need to plug leaks in your spending, learn where to find the best deals or even trick yourself into shaving expenses, we've got something for everyone. And here's a bonus tip: Before you even start looking... Continue reading

Reasons to Keep a Rainy Day Fund

As much as we may try to predict the future, life always comes up with a way to throw us a curveball. Although you might not know what form your next unanticipated expense is going to take, rest assured that it's going to come at some point. With that in mind, a cornerstone of a good financial plan is setting aside money for a rainy day fund. Liquidity in Case of Emergency The most basic... Continue reading

Hybrid Cars: Do the Finances Make Sense?

Hybrid Cars: Do the Finances Make Sense? According to a J.D. Power and Associates survey, more than one-fourth of all consumers say that their next car will by a hybrid. The increase in demand for these vehicles is driven by higher gas prices and the thought that buying a hybrid will save money. Determining if the finances of a hybrid car make sense is often a personal decision, depending on... Continue reading

Budgeting: Save Money on Food

According to the U.S. Department of Labor, the average American family of four spends $8,513 per year on groceries—that's $709 per month! And many of us blow our budgets further on restaurant meals. Learn to cook Eating out is a huge budget-buster. Even seemingly inexpensive fast food can add up quickly. Cooking your own meals could save you a small fortune on restaurants and groceries (you'll... Continue reading

Financial Planning Tips All Travelers Should Consider

When you travel, you don't want to be distracted by money problems. You definitely don't want to miss a great event or experience because you didn't plan your finances well. Nora Dunn, a financial planner turned full-time world traveler, knows firsthand that planning travel costs carefully results in having a better time. Whether you journey to Atlantic City, the Himalayas or Rome, you'll be... Continue reading

Finances 101: Tips on Opening a Savings Account

Finances 101: Tips on Opening a Savings Account Whether you're opening your first savings account or you've had them in the past, knowing what to look for can help you maximize its benefits -- and minimize or eliminate the costs. "Keeping separate checking and savings accounts not only makes it easier to track your success on the path to your financial goals," says Mary Beth Storjohann, a... Continue reading

Save Money on Entertainment

If your recent "nights out" consist of a walk to your mailbox to pick up your latest Netflix movie or browsing the shelves at your local Walmart, it's time to get back in the saddle. Here are 12 fun ways to get more out of your entertainment dollar: 1. Wait until the last minute When it gets down to a couple of hours before the performance, a theater may start selling "rush" tickets at a... Continue reading