3 Ways to Make a Better Plan For Your Money in New Year
Chris Hogan has been a staple among personal finance experts. The money guru once worked as vice president of a mortgage company and later turned to helping people successfully manage their money. As a finalist in the 2015 GOBankingRates “Best Money Expert” competition held in collaboration with Ally Bank, Hogan offers this money tip for 2016: “The best thing you can do for your finances is to create a plan. Think about what your...
Vt. Town Rallies to Save Its Store
Underhill Center, Vt. — In this rural town tucked into a valley at the base of Vermont’s tallest mountain, the 130-year-old Underhill Country Store is more than a place to pick up staples. It’s the community’s social hub, where residents can order a turkey, avocado and bacon sandwich from the deli, get a cup of coffee, sit down and chat with their neighbors. When word spread that the store would be closing, members in the community of...
The 5 Biggest Financial Lies We Tell Ourselves
When it comes to your finances, it’s much easier to lie to yourself than admit your shortcomings. But whether you have a bad habit of putting off retirement savings or ignoring your debts, little everyday lies can have long-term consequences. If you want to climb out of debt and save for the future, you’ll need to stop lying to yourself and start honestly assessing your financial situation. Start today by owning up to these five...
5 Habits That Could Help You Save Thousands
There is a good chance you have at some point in your life resolved to kick a bad money habit. Bu t instead of taking the negative approach, try to make a positive change by adopting a good money habit. That’s what these money experts did. Here are five money-saving tips they have incorporated to spend less, take control of their finances and save thousands of dollars. Put Purchases in Perspective Michelle Schroeder-Gardner, the...
Some Millennials Socking Away 15%of Their Salary
Meet the Millennial Super Saver. He or she is an ordinary human, 18 to 34, who saves at least 15 percent of his or her salary each year in a 401(k) retirement savings plan. The mission: Save enough to retire comfortably. Or at least retire. An analysis by Fidelity Investments of the 13 million participants in 401(k) plans it administers found close to 421,000 of these young “super savers,” as Fidelity calls them, accounting for almost...