Not long ago, people only transacted with their banks in person, driving to the bank to deposit and withdraw cash. Waiting in line at the bank was the norm, but not anymore. Online banking has become the go-to way to manage money, but many institutions popping up have no brick-and-mortar counterparts. So, are they safe?
In many places, winter brings the promise of snow, hot chocolate by the fire, and holiday cheer. Unfortunately, the season also ushers in a whole new expense Americans haven’t seen since last year: heating bills. Depending on where you live, the amount could do a number on your budget for months. Here are some tips to help reduce the sting this winter.
Money can be a source of tension between you and your spouse, especially if you have different financial habits, goals, and incomes. Putting the sometimes uncomfortable conversation aside could spell trouble in a relationship, so it’s best to lay all your thoughts and feelings out on the table. But how? Here are some tips on how to talk about money with your partner.
Carpooling to work or taking your kids to school does more than cut down on traffic and result in fewer environmental emissions. The practice can benefit you financially as well. If you’re trying to make the most out of your budget, consider adding carpooling to your routine. Here are some obvious and not-so-obvious financial benefits to the practice.
Most financial experts stress how important it is to save for retirement. After all, you’ll likely want to stop working and enjoy your golden years at some point, but how can you do that without a nest egg waiting for you? One question you might have when putting money away every payday for that time in your life is how much you need to save. While the total can differ based on personal factors, here are some ways to figure out how much you might want to set aside.
Officially a technique since 2014, people have practiced temptation bundling for much longer. The method involves taking a guilty pleasure and pairing it with a task you don’t want to do. For example, try watching reality TV while doing taxes.
When you’re living from one paycheck to the next, saving for retirement or emergencies might seem impossible. Yet, you don’t have to put away large sums of money at a time to make progress. Every little bit helps. Here are three ways to work savings into your financial plan, even when money is tight.
“Prepare for the worst but hope for the best,” said former UK Prime Minister Benjamin Disraeli. Preparation has never been more important, as some economists warn about a recession. Planning for the worst-case scenario will help ensure you’re financially ready for every economic eventuality. Here are three tips to help you survive.
Many people consider downsizing their homes when it’s time to retire and spending their time relaxing at vacation destinations they’ve never had the chance to visit before. Instead of choosing an apartment, condo, tiny home, or retirement village, some retirees are hitting the high seas for much of the year. But why would seniors choose this lifestyle for their golden years? Here are three top reasons.
Most people believe their monthly payments are set in stone when considering budgets. Yet, as most good managers will affirm, everything is negotiable. The problem is that each obligation will take time out of your day to haggle with the person on the other end of the conversation. Fortunately, there are effective tactics you can use to speed up the process and bring the budget back in line. Here are three top places to start negotiating.