If you want to plan a vacation for your family, you may be considering whether or not to take out a personal loan to pay for your trip. Maybe you don’t have the extra funds on hand, or maybe you don’t want to drain your savings on one trip. Either way, you have options. However, financing a vacation isn’t right for everyone, so consider your financial situation before making the decision to take out a personal loan.
One of the most popular scams involves someone asking you to wire money to them or a company. Maybe you were contacted by a “friend” asking you for financial help; or you’ve been told you won a contest or lottery and that you have to pay taxes or fees before your prize can be paid out.
You may think that your personal finances are above your children’s head, but it is never too early to begin teaching smart money habits. You want the best for your kids and to provide them with all the tools they need to be successful as they grow up. Part of that foundation is helping them understand the value of earning, spending, saving and investing money.
If you’re finding the costs of your wedding to be higher than you anticipated, you’re not alone. According to popular wedding magazine The Knot, the average American wedding costs upward of $35,000. That’s a lot of money to spend on one day, especially for twenty- and thirty-somethings.
There has probably been one time or another that you’ve joked about wishing you had a money tree growing in your backyard. While you can’t plant a tree that magically sprouts dollar bills, you can learn how to boost your income and investing to improve your finances over time.
Technology has exploded in the last decade and has greatly improved many aspects of our lives – including how we bank. Unfortunately, as the use of technology increases, so do instances of fraud.
Meeting financial goals as a family can be challenging. But inspiring your family to help and contribute to a financial goal doesn’t have to be a painful process, especially when the result is an exciting family vacation, a new family car, or college savings. In the spirit of America Saves Week, we’re sharing some ideas on how to save as a family.
There is no better investment you can make than in yourself and your future. Experts recommend allocating 15% of your monthly income toward retirement. But you may be wondering where to begin stashing that money away so that it is most impactful for your future.
What does “saving extra” mean to you? Whether it is putting change in a piggy bank or moving everything not in your monthly budget into a savings account, creating the habit of saving and sticking to it over time can make a huge difference. This year as part of America Saves Week, commit to trying one (or all) of these three ways to save a little extra