August 12, 2021 9:17 pm | Leave your thoughts
There comes a time in our lives when we will need – or want – to retire. Some individuals can retire sooner than others. Regardless of when you retire, you need to make sure you have enough money saved. So, how much do you need to save for retirement? Let’s dive in. How Much to...
August 11, 2021 10:43 pm | Leave your thoughts
Is it better to save or invest your money? Saving and investing are two different methods of growing wealth that share similar characteristics. Both have their pros and cons. We’ll talk about how to build wealth with either option. What’s the Difference Between Saving and Investing? The difference between the two is straightforward. Saving money...
July 19, 2021 9:12 pm | Leave your thoughts
Nearly every bank pays you interest when you deposit your cash with them. Yay for free money! Well, don’t get too excited. Did you know that the national average interest rate for a savings account is around 0.06 percent, according to the FDIC? For example, if you deposited $1,000 into a savings account that earns...
September 28, 2020 10:24 pm | Leave your thoughts
Our pockets are tighter than they have ever been thanks to COVID-19. We are now looking for ways to hold on to every penny that we have and make each one grow. This is where prize-linked savings come in. Think of these savings accounts as a safe and fun way to save money and invest...