Why you need a financial plan
If you have financial goals, you need a financial plan. Here’s how to make one.
The post Why you need a financial plan appeared first on Discover Bank – Banking Topics Blog.
If you have financial goals, you need a financial plan. Here’s how to make one.
The post Why you need a financial plan appeared first on Discover Bank – Banking Topics Blog.
You probably already know you need to save more money â but where do you start? The thought of stockpiling away funds isnât glamorous, but learning some simple tricks for how to save money as early as possible will be beneficial in the long run by establishing good habits. And itâs easier than you may
The post How to Save Money in Just 6 Simple Steps appeared first on MintLife Blog.
What goals do you want to reach in the next 5 years? These steps can help you get there.
The post 3 Steps to Help Save for Short-Term Goals appeared first on Discover Bank – Banking Topics Blog.
I’m generally an even-keeled guy. I don’t get worked up about much. I understand that different people have different perspectives, so I try to be respectful when others disagree with me. Having said that, there are indeed certain things that piss me off. Here are a couple that are centered around the idea of planning your retirement based on how much of your paycheck you should save.
For instance, I get mad-dog lathered up at traditional advice about how much to save for retirement, such as this article at Business Insider (echoed here at The Wall Street Journal):
So how much are you supposed to be saving in order to finance 20 to 30 years post-work? The commonly accepted rule of thumb is that you’ll want about 70% of your former annual income â at least â to continue living at or near the style to which you’ve been accustomed.
When youâve lived paycheck to paycheck, scrounging up enough money for an emergency fund can feel like a revelation. All of a sudden youâre not living with a dark cloud over your head and setbacks start to seem more manageable. You feel more in control of your life and your finances. But you can take
The post How to Think About Saving Beyond Your Emergency Fund appeared first on MintLife Blog.
Donât let short-term market changes impact your long-term goals. Hereâs why.
The post When markets turn volatile, keep a long-term focus appeared first on Discover Bank – Banking Topics Blog.
Welcome back to The Clumsy Travelerâs financial planning series to save for an amazing vacation. Todayâs post will tell you everything I do to save before traveling or making any major travel purchases. If youâre wondering where Iâm going for my birthday trip the answer is: No, I still havenât chosen my location. This
The post The Clumsy Traveler Saves for a Trip appeared first on MintLife Blog.
No matter how on top of your money game you are as a freelancer, youâre bound to let a few things fall by the wayside. Between meeting project deadlines and hustling for new gigs, some of the âmustsâ on your ever-growing âto-doâ list may have turned into âWhoops. What happened?â As weâre settling into the
The post What Every Freelancer Needs to Know About Planning Ahead appeared first on MintLife Blog.
As a new grad, it’s easy to get overwhelmed by new freedoms and new responsibilities. Worry not! Here’s our step-by-step guide on how to be an adult. As a new grad, it’s easy to get overwhelmed by new responsibilities. Worry not! Here’s our step-by-step guide on how to be an adult.
The post How to Be an Adult: A Step-By-Step Guide to Getting Your S#%t Together appeared first on Money Under 30.
When parents put their own retirement savings last, everyone suffers. Here are four reasons parents should fund their retirement BEFORE they consider helping their adult children with money.
The post How Supporting Adult Children Can Ruin Your Retirement appeared first on Good Financial Cents®.