If you feel like you could do more to improve your saving and investing habits, or don’t know how to get started, here are some tips to help. Financial experts agree that there are two important things to focus on: start and contribute regularly to an emergency fund and contribute at least 10% of your paycheck to a retirement account.
What Can I Do About Inflation?
According to the government’s Consumer Price Index, inflation is at its highest rate in 30 years. Since last year, prices have risen by 8.3%. Consumers are feeling the pinch everywhere they turn – from gas prices to groceries to electronics – which means they may have to hold off on buying certain items until things improve.
6 Tips to Save, Borrow and Spend During Inflation
Inflation has caused prices to spike 8.3% over the past year. Consumers are feeling the pinch — from the basics such as food, gas and cars — to just about everything else.
Here are six financial moves to help you make the most of your money. Continue reading
What You Should Know About Personal Loans
When you need extra cash to pay for a home remodeling project or other major expense, a personal loan can be a low cost solution. You can use a personal loan to pay for almost anything. All you have to do to be approved is meet minimum income and credit standards set by the lender.
Despite their flexibility, personal loans aren’t right for every situation. Before you complete an application, consider the pros and cons.
How to Find the Right Credit Card for You
If you’re shopping around for a credit card, you’ve probably noticed that there are plenty of options on the market today. Low-interest, balance transfer, rewards, cash back, airline- and hotel-specific cards, retail cards, student cards, business cards … the list is endless. So how do you find the credit card that’s right for you?
Beware of Fast Cash
Reprinted Courtesy of “It’s a Money Thing”
Like local car dealerships and personal injury law firms, short-term and payday lenders tend to have the most annoying commercials on TV. They’re often tacky and annoying, and tend to air during daytime talk shows or very late at night. Their promises of “fast cash!”, “guaranteed approval!” and no “credit check required!” are enough to make you change the channel—and yet, if you ever find yourself in a situation where you need to get your hands on some extra money fast, those commercials might start making sense to you.
Zero Percent Auto Financing Can Cost You
Who wouldn’t want to finance a car at 0% interest? It has the potential to save you a lot of money over the life of the loan, right?
That’s what auto dealerships count on. It’s one of the best ways they have to get you into a new car, according to a J.D. Power Dealer Finance Study.
Video: Good vs. Bad Spending
If you’re waging an inner battle of good vs. bad spending every time you whip out your credit card or peek at your monthly bank statement, it’s probably time to give your views on budgeting a shake-up.
Introducing Mom and Dad to Mobile Banking
If you’ve had to introduce Mom and Dad to one of your surlier significant others—you know, the one who just couldn’t drop politics at the door—then introducing them to mobile banking should be painless, right?
7 Banking Tips for Young Millennials
Once you start receiving your first paychecks after graduation, knowing how to spend or save your money wisely can be tough. While you may be able to do your banking with just a few taps on your phone, managing money well is much more complicated. Here are a few tips to help you get started.