During inflationary times, the value of money decreases, affecting your buying power. At the same time, the Federal Reserve raises rates to keep inflation in check, making it more expensive to borrow.
spending
Count the Cost of Convenience
Restaurant food delivery. Delis. Prepackaged grocery store meals. It’s easy to choose options that save time or reduce effort, especially when you’re in a rush or exhausted at the end of a long workday. But relying too much on conveniences may hurt your budget.
Here are three ways choosing convenience can affect your finances.
What to Do With an Inheritance
When you receive an inheritance, you may be wondering what to do next. No matter if it’s a modest or substantial amount, handling it responsibly is one way you can honor the family member who left it to you. Here are some ways to help you decide what to do.
Financial Moves After Pandemic Frugality
If you feel like the COVID-19 pandemic robbed you of your ability to live a normal life, you’re not alone. Restrictions on travel, entertainment and other social gatherings put an abrupt halt to daily activities around the globe.
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
Back-to-School Shopping Tips
Plan ahead, spend wisely, stay secure.
Like many retail events, the back-to-school shopping season seems to start earlier and earlier. Here are ways to focus on buying only what you need, finding good values and keeping your financial information safe when shopping online or in stores. Continue reading
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.
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.
Making the Most of E-Banking
Most people are at least somewhat tech-savvy these days. But when it comes to digital banking, you might be missing out on a few time-saving tricks. Here’s how the internet can help make your financial life easier.
Breaking Up with Name Brands
Reprinted Courtesy of “It’s a Money Thing”
Picture this scenario: you’re steering your shopping cart through the sliding doors of the supermarket, shopping list in hand. As you walk the aisles, there’s a strategy you can use to save an average of 33% on your entire purchase. It doesn’t require any coupon cutting or signing up for rewards cards. And the best part? You still get every single item on your list. The secret? Buying private-label products instead of brand-name products.