For most consumers there has to be a decision on whether to build your retirement savings or to build a college fund for your children. This is a very tough decision and one that can be emotionally charged. The best way to answer which should be a priority is to take the emotion out of the question and look at it as a pure financial dilemma.
One of the most important building blocks for a sound financial future is to be prepared for the unexpected…and having an emergency fund is the key to being prepared financially. Many times emergency funds are derailed because we don’t have enough saved or we use them for non-emergency items.
Did you know if your house isn't properly insulated, it could be leaking hundreds of your hard-earned dollars each year?
As a parent you know that saving for your child’s future is important. You may have established several different methods for saving for them including education funds. While it is important for you to save for your child, it is just as important, if not more,to teach them to save for themselves. Here are a few ways to get them started saving for a new car, college, travel, and other expenses.
There are countless reasons to save money, but saving for a home, your child’s education, and retirement are usually the largest and most daunting savings goals. They are also among the most important goals to save for – making it imperative that you begin saving now if you’re not already!
So you’ve done your research online, called the moving company, scheduled a time and date, and you think everything is ready.
You can’t protect your kids from everything in life. However, what you can do is protect your child from a difficult financial future caused by student debt. Student debt could not only cause your child to cope with a considerable amount of stress, but it can also cause them to put off getting married, buying a home, or even saving for retirement.
You like to save money on your groceries, clothes, and other merchandise, right? So why is it that many Americans pass up the opportunity to save hundreds of dollars to put towards medical expenses each year?