High inflation can be a real budgeting challenge when it hits day to day necessities. Consider packing a lunch more often and searching the grocery story for lower cost alternatives. Lower cost entertainment can often be found near home and still provide fun, new experiences. Prioritizing savings whenever possible helps to keep your long term plan on track
Much gets made about investing in the stock market – with good reason! Long-term investing in a wide range of stocks and other investments is one brick on the path to long term success. Buying stock provides a share of ownership, and a stake in the company’s future earnings. Understanding what investment ownership represents is the first step to better, more informed investment decisions.
Many workers have access to both a 401(k) and an IRA and the question comes up “which one should I fund?” While the answer is often nuanced (like everything financial planning) and will not be the same for everyone, understanding some of the basic differences and pros and cons of each account can help you sort it out. Asking yourself these five questions can help you determine where your next dollar of retirement savings should go.
Why understanding what "Paying yourself first" means and doing it, early in your savings career, can make such a monumental difference long term.
Financial stress is no joke, and the anxiety you feel about your money can be crippling. If you're starting to experience financial stress, try these 5 tips.
Learn key strategies for teaching your kids about money early. Money habits can be well formed by age 7, learn positive ways to impact your children's habits around money at an early age.
With a third round of COVID-19 relief stimulus on the way you may be wondering what to do with yours. Here are six ways to take the latest stimulus payment and turn it into a piece of your long-term financial plan.
Many people neglect the HSA as a savings tool that offers tax advantages above and beyond a standard retirement account. Learn how an HSA can enhance your retirement savings in the right situation.