401(k) Withdrawals: What to Know Before Making One
It takes times, patience, and consistency to build retirement savings. As you regularly contribute and invest for years (even decades!), you gradually build wealth intended for those golden years. But sometimes, the reality of life right now may stop you in your tracks — and the money you’ve been stashing away for the future can […]
Do You Have Too Much Money in Your Savings Account?
Is it possible to have too much savings? Or too big an emergency fund? Can you really have too much money in the bank? While everyone’s financial situation is unique, it’s possible you could be missing out on opportunities to grow your money. Other options for where to put your hard-earned cash, like an investment […]
The Amount You Actually Need in Your Emergency Fund
When it comes to emergency funds, one size does not fit all. The amount you’ll want to save will vary from other people and depends on factors like your income, monthly costs, and if you have any dependents. So, how much do you need in your emergency fund? The general rule of thumb is to […]
The 50/30/20 Plan: Budgeting You Can Actually Stick With
Budgeting is like exercise: we all understand its importance. But exercising consistently can be a struggle. And, like popular fitness programs like SoulCycle or Vinyasa Yoga, budgeting can also seem intimidating and complicated. But it doesn’t have to be. Beginners often jump right into the deep end, but it’s better to start with a more […]
Savings by Age: How Much to Save in Your 20s, 30s, 40s, and Beyond
As you navigate through life, it’s likely your goals will change and evolve, both personally and financially. But, no matter what stage of life you’re in, one thing will always remain the same: You’re never too young — or too old — to save money. You won’t find any hard and fast rules regarding exactly […]
Savings 101: 5 Steps to Kick-Start Your Savings Habit
Ah, financial freedom. Who doesn’t like the sound of that? But start thinking about what it takes, and you might be tempted to bury your head under the covers and hit snooze. But it doesn’t have to be that way. Although the details of each individual’s finances are different, one thing’s for certain: Nearly everyone […]
Microsave 101: How Microsaving With Spare Change Can Build Your Savings
Sometimes saving money can feel like training for a marathon. That 26.2-mile race may seem daunting, but the truth is, you have to start somewhere. Which is why you never log a long run on your first training day, but each day, you run a little farther. Similarly, you could achieve sizable savings wins when […]
Your A to Z Guide on How to Save Money on Just About Everything
When you dive deep into anything — exercise, photography, or even something niche like brewing your own beer — you gain a deeper appreciation for the nuances. The same goes for personal finance. As you learn more about managing money and building a stable financial future, you realize just how many little choices you make […]
Savings by Age 40: Know the Targets, Achieve Your Goals
Your 40s might just be the most exciting — but also the most expensive — decade of your life. For many, these years are marked by growing families, promotions at work, perhaps a new house (and accompanying mortgage), and bills (internet, car payment, medical expenses, etc). And in the midst of this whirlwind of a […]
Holiday Hangover: How to Detox Your Spending in the New Year
The ball has dropped, the New Year’s Eve confetti has been cleaned up, and now it’s time to face the repercussions of the holiday season. Your spending may have started as a little bit here for an office gift, a little bit there for a holiday party outfit, and finally, a splurge on a celebratory […]
