savings

How Much You Will Need To Save Before Retiring In Florida

There are so many reasons to retire. The freedom from a structured world run by the clock is tops on the list. But that freedom comes at the cost of a steady income, which is why you'll need about $843,510 in savings to retire comfortably in Florida (and that's not counting what you receive in...
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Vampire Power Wasting Americans Hundreds Of Dollars Annually

For years we've known that even though they are not being used, electronics and appliances draw some electricity. Known as "phantom" or "vampire" electricity, these devices consume electricity while in stand-by/sleep mode. Even your device chargers, charging your device or not, are drawing...
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This May Be Why It Is Hard To Save Money

If you find it hard to save money for a rainy day, you are not alone! Analyzed numbers from the Bureau of Labor Statistics shows the average American earned $78,635 in 2018 and spent $61,224 of it, which means we’re spending about 80% of our income. After taxes are taken out, that percentage jumps...
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Some Points To Consider Before Refinancing Your Mortgage

Mortgage rates are the lowest they’ve been since 2016. So perhaps it is time to refinance your mortgage to get that lower interest rates. But before you race to the bank, there are some considerations to ponder. As with any refinance, there are fees. That means you pay closing costs again which can...
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Is It Better To Save Or Spend Your Loose Change?

There is the thought process of you saving your spare change and cashing it in after some time on a reward, such as a vacation or shopping spree, but is it the best way for your money to work for you? Well it isn't a simple yes or no question. A financial advisor recently took up the question and...
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Maybe It's Not A Good Idea To Enroll In Your Employer's 401(k) Retirement Plan

One of the most common pieces of retirement advice is to max out your company's 401(k) contribution. Pulling money out of your paycheck to invest and grow into a bigger number you can rely on for your golden years does make financial sense, but a 401k retirement account is not for everybody...
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Simple Ways To Save Upwards Of $700 A Week

Financial advisors stress the fact that we need to save money. But with 78% of workers stating they live paycheck to paycheck , savings is virtually impossible. That's why we're gonna tackle the impossible and offer some fairly simple ways to save around $737 a week without sacrificing your...
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Create A Home Repair Saving Account

A recent poll found that 44% of all homeowners regret buying a home. The number one reason for that regret is underestimating the hidden costs associated with buying and owning a home, including the ongoing responsibilities of maintaining it. Another survey found 44% of new homeowners incurred an...
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Outdated Financial Advice

There is plenty of free advice out there and some of it is helpful. Then there is advice that is simply outdated such as these financial tips. The old advice of waiting until your student loans are paid off before buying a home simply doesn't apply in a world where student debt averages $37,000. If...
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Start Saving For The Holidays And Christmas Now

The kids are marking their first days back from the summer vacation and as we dash in between summer thunderstorms, you realize that there are about seven paychecks remaining until Christmas. The National Retail Federation estimates the average American spends $796 on Thanksgiving and Christmas...
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