Setting goals for your savings can be one of the most effective ways to put a “face” to your money and motivate you to put funds away for something specific. For example: I will save $100 a month for 6 months so I can take a summer vacation to the mountains. I need to save … Continue reading Falling Short: Options When You Did Not Save Enough for Your Goal
A few weeks ago, I talked about the benefits of high deductible health plans as a good alternative to traditional insurance. Today, I take a look at HSAs--a big component of those benefits.
A lot of people like to set savings goals to make their savings more tangible. But what happens if you don't have any goals to save for at the moment?
Tom Becker from Money Choices teaches us about compound interest, real-life applications, and laddering our interest investments.
The commonly accepted thinking in the personal finance community is that you should leave your credit card at home when emergencies arise. In many cases, I beg to differ.