Set up a sinking fund to save for specific items. It’s the best way to accomplish your goal.
Emergency savings can be a lifesaver if your car breaks down and you face a pricey repair bill — or if you are stuck trying to cover an emergency medical bills or pay for a new roof.
How to save a down payment for a house — faster. Most home loan programs require you to have at least 3.5% of the purchase price as a down payment to qualify, yet saving this much money isn’t always an easy feat.
In today’s current economic environment, it’s extremely important to manage your personal finances wisely. It’s very easy to overspend and end up in debt without even realizing it. Many people start out every year with the admirable plan to set Read more
Be sure to start saving for college early. Always max out your 401K. Cut expenses and keep a 6-month cash emergency fund. Buy a car, don’t lease. Don’t give the government an interest free loan by having too much taken Read more