Saving

Car insurance spending is on the rise: Here's how drivers are saving money

Car insurance spending is on the rise: Here’s how drivers are saving money

In a bid to save money, 65% of drivers said they were considering driving less and 10% said they were considering dropping their insurance coverage altogether, according to a recent Insurify study. (iStock) U.S. drivers are looking for ways to save money on rising car insurance rates to deal with inflationhigh interest rates and rising …

Car insurance spending is on the rise: Here’s how drivers are saving money Read More »

Instead of keeping my money in one place, I've found saving it in different places makes saving easier and more fun.

Instead of keeping my money in one place, I’ve found saving it in different places makes saving easier and more fun.

Insider experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. My mom taught me to keep little savings jars in different places …

Instead of keeping my money in one place, I’ve found saving it in different places makes saving easier and more fun. Read More »

personal finance

Here are 5 steps to opening an IRA to start saving for retirement

An IRA is an individual retirement account. This could be useful when developing retirement plans. Think carefully about the type of account you select and the organization you choose to manage it with if you want your IRA investments to be as profitable as possible. Steps to Open an IRA IRAs, also known as Individual …

Here are 5 steps to opening an IRA to start saving for retirement Read More »

Congress has until the end of the year to pass SECURE Act 2.0, a set of proposed retirement changes to help Americans save more for retirement.

Paying off your student debt or saving for your retirement? You don’t have to choose

Many Americans feel they have to choose between paying off their student loans and saving for retirement. SECURE Act 2.0 would allow companies to add money to 401(k) plans for workers as they repay loans. But Congress must pass the bipartisan legislation by the end of the year or start over. Americans struggling with student …

Paying off your student debt or saving for your retirement? You don’t have to choose Read More »

In 1974, my great-grandmother made a deal with my 18-year-old father that taught her a lifelong lesson in saving

In 1974, my great-grandmother made a deal with my 18-year-old father that taught her a lifelong lesson in saving

Insider experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. In 1974, my dad spent the summer working at a motel and …

In 1974, my great-grandmother made a deal with my 18-year-old father that taught her a lifelong lesson in saving Read More »

PERSONAL FINANCES: Saving for retirement in case of divorce later in life

PERSONAL FINANCES: Saving for retirement in case of divorce later in life

Ending a marriage can be emotional and challenging at any age, even if both parties agree it’s the right decision. When couples over 50 divorce, they are often faced with the additional task of supporting two separate retirement plans using the assets intended for their combined nest egg. If you find yourself in this situation, …

PERSONAL FINANCES: Saving for retirement in case of divorce later in life Read More »

3 Ways Saving for Retirement Could Help Your Finances Today

3 Ways Saving for Retirement Could Help Your Finances Today

(Kailey Hagen) Saving for retirement is generally considered a form of deferred gratification. You choose not to spend some of your money now in exchange for more money when you retire. But that’s too simplistic a way of looking at it. Although you won’t realize the full benefits of saving for retirement until you withdraw …

3 Ways Saving for Retirement Could Help Your Finances Today Read More »