Start with the Minimum It’s always good to have something extra tucked away for rainy days and emergencies, but more often than not, it’s easier said than done. Thankfully, most mainstream financial institutions no longer have ridiculous minimum requirements to open a savings account. You should be able to find a reputable bank where you…
For some people, saving money in general is challenging. Add inflation to the equation and it may seem impossible. There are ways, however, to keep spending down and put money in your savings by following some simple guidelines. Granted, it may take some self-discipline and training to handle your finances differently so your spending doesn’t…
The recent collapse of Silicon Valley Bank (SVB) and Signature Bank have caused concern among consumers. The reasons for the collapses are somewhat isolated but raises the question if we should be concerned about a bigger financial problem arising, as happened in the 2008 crisis. Let’s take a look at what happened and what it…
It may seem like a daunting task, and can be if you don’t plan ahead. Let’s face it, college isn’t cheap and it’s not easy to know far in advance how much you will actually need if you are young and not close to college age, or looking to start saving for your child. 💡Fun…
Saving money seems like an easy venture – just make sure you spend less than you make and put some money away for the future. Despite this, most Americans are saving less than then before due to harsh economic conditions and inflation. As of 2023, 39% of Americans are saving less than the prior year,…
