Stages of Retirement Planning

Date: July 21, 2016 Most people put off thinking about retirement until their older, but they shouldn’t.  In 2015, the AARP reported that you should aim to have saved $1 million to $1.5 million, or at least 10 to 12 times your current income, in order to enjoy your golden years. Common sense tells you that the earlier you start saving, the sooner you'll have your ideal nest egg. Here are some to... Continue reading

How to Keep a Spending Journal

Do you ever look at your bank account balance and wonder where your money went? Or, perhaps you're getting serious about setting up a budget to get yourself financially on track. The best way to monitor your spending — the first viable step to creating a realistic budget — is to keep a spending journal. What Is a Spending Journal? A spending journal is a visual aide that lets you see exactly... Continue reading

Pros and Cons of Paying Off Your Mortgage Early

Date: July 7, 2016 Life is good — you have a little extra cash on hand, and oh-so many possibilities exist for making that money work for you. You might invest it, save it or even pay off your mortgage early. Whether you should do the latter, though, depends on your personal circumstances. Looking Ahead Toward Retirement Paying off your mortgage early can be a good idea if you anticipate you’ll... Continue reading

How Credit Cards Can Boost Your Small Business

Date: June 30, 2016 The Mamas & the Papas financed their early days as a folk-rock band with a borrowed American Express card—they made no payments until the group topped the charts years later. It's not an auspicious way to bolster a small business, but with careful thought and planning, your company can benefit from a healthy relationship with credit cards. Use your cards to streamline... Continue reading

Hidden Banking Fees to Avoid

Date: June 27, 2016 The sound of a leaky faucet is not simply annoying — it represents wasted resources and money going down the drain. As a savvy consumer, you can avoid a similar loss in your banking services when you know where to plug the leaks. Some of the worst offenders silently siphon your cash in the form of hidden fees, but knowing more about the fees can help you avoid these losses.  ... Continue reading
How to Talk to Your Parents About Their Retirement Plans

How to Talk to Your Parents About Their Retirement Plans

Date: June 22, 2017 You love your parents, so you want to make sure they have enough saved for retirement, but having that conversation can be difficult. A 2014 study by Bankrate revealed that about 26 percent of Americans ages 50 to 64 have no retirement savings whatsoever. If your parents are in the same situation, it's not too late for them to start building a nest egg.   It's important to... Continue reading

Money-Saving Games and Strategies

Date: June 21, 2017 Try to explain the importance of saving money to some people and you might just hear snores in the middle of your well-intended lesson. Instead, introduce games and strategies into your talk and show them how saving money can be fun. Some low-tech strategies have been around for decades; others are perfectly tailored for a generation that grew up with a passion for computer... Continue reading

The Best Apps to Transfer Money

PayPal and Western Union are familiar traditional banking companies, but now almost everyone seems to be getting into the mobile banking industry. This convenient option fits well with our increasingly global society, allowing you to send money nationally — and sometimes internationally — with just the push of a few buttons. Continue reading

What Errors To Watch for on A Credit Report?

Date: June 26, 2017 Each year, you're entitled to one free credit report from each of the three credit reporting agencies. This gives you an opportunity to review your reports and ensure that they're accurate. Errors do happen, so here's an overview of the top mistakes to watch out for. If you do find a mistake, you can have it corrected by following the instructions that come with the credit... Continue reading

How Do I Pick the Best Bank?

Picking a bank can feel a little like online dating, with lots of short profiles to pick from and everyone offering slightly different benefits. Don't be swayed by cheap gimmicks like a free T-shirt or another token gift when you're deciding. Changing banks can take time, especially if you have to update all your automatic bill pays and direct deposits, so choose wisely. Continue reading