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Showing posts from November, 2020

How to Automate Your Savings in 6 Easy Steps

Finding it a challenge to set aside savings on a consistent basis? Or maybe you just want to simplify how you save for the future. Whatever your goals, today’s digital tools make it easy to create and automate a personal savings program read more

How Do I Start Planning my Retirement in my 20s?

Entering your 20s is one of the first times that most people have to start looking at their finances seriously. The adult world comes fast and when you get out of college or enter the workforce, it can be pretty hard to get a handle on everything you're supposed to be doing. With bills, student loans, and more, one of the last things people this age are thinking about is saving for retirement. After all, isn’t retirement a long ways away? Well, that all depends on when you’re planning on retiring and how much you’re able to stow away. In this blog, we’ll break down how you can start planning for retirement while you’re in your 20s, and suggest the best personal finance app to help you do it. Start Saving Early The earlier you can start saving for retirement the better. If you start putting away money in your 20s, you’ll be well on your way to retiring on time and maybe even early. A good rule of thumb is putting about 10% of your income away for retirement when you’...

Election 2020: Joe Biden's Tax Plans

With the economy still in trouble, tax policy takes on added importance in the 2020 election. So, let's take a look at what Joe Biden wants to do about taxes if he's elected president read more

Is Having A Savings Account Worth it?

Saving money takes time, dedication, and discipline. So, is it really worth establishing a savings account? Or is keeping all your money in a checking account essentially the same thing? When it comes down to it, financial experts agree: It is absolutely worthwhile to have a savings account. Establishing a personal savings account is a great way to ensure that you have the funds to cover unexpected expenses (like those pesky car problems) or sustain yourself for a few months if you lose your job. If you don’t currently have a savings account, don’t stress! Better late than never, right? Here are some of the easiest ways to build a savings account and get started right away. Easy Ways to Build A Savings Account Open an account online. Most banks have a website and app that their customers can use to easily access and manage their money. If you aren't already, consider using these tools to open a savings account online. The app or website should walk you through the...