Tag Archives: Savings

Subscribe: Apple Podcasts | Google Podcasts | Spotify | RadioPublic | Stitcher | RSS Not too long ago, a conservative investor could easily earn 5% in an insured bank account, or 8% on risk-free Treasury bills. But as today’s savers are only too well aware, those days are long gone. …

Photo by fizkes / Shutterstock.com Do you have the sneaking suspicion that you’re paying for unlimited data despite only using a few gigabytes of data every month? As long as you keep your phone connected to Wi-Fi whenever you can, you can really stretch your wireless data. Make sure to …

Rawpixel.com / Shutterstock.com Funding your own retirement is intimidating. Many of us feel unprepared for the task of managing our money, and that makes the job doubly difficult. And yet, for a great many people, there’s no choice. Like it or not, our ability to live comfortably in old age …

Twenty-twenty has taken its toll on the average retirement savings, according to a new study by Kiplinger’s Personal Finance magazine and Personal Capital, an online financial advisor. More than half of Americans are dipping into their savings, with 60 percent using their IRAs and 401(k)s to get them through the …

Photo by Prostock-studio / Shutterstock.com A new year can be the perfect time to look for a new savings account. One option that should be near the top of your list is Capital One’s Performance Savings. Capital One earned the honor of being named the best all-around bank for online …

Your home is one of the largest purchases that you’ll make in your life. While buying a new home is a goal for many adults, few people are fortunate enough to be able to pay for a home in cash. If you’re buying a home, you’re probably going to need …

The pandemic’s effect on the economy has led the Federal Reserve to cut its benchmark interest rate to almost zero to stave off a recession. While this is great for borrowing, those with cash are less pleased. The annual percentage yield (APY) for a high-yield savings account last year was …

1476516671 / Shutterstock.com One scary part of retirement is knowing you could have 30 more years in front of you but only a limited amount of cash available to finance them. How do you make sure your retirement account doesn’t run dry before saying your final goodbye? Well, there are …

shurkin_son / Shutterstock.com Retirees usually have a limited amount of money to spend during their golden years. Unfortunately, some people make costly mistakes that can deplete their nest egg prematurely. From giving away cash indiscriminately to refusing to embrace lifestyle changes, here are some surprising ways retirees waste their hard-earned …