How to Live on a Fixed Income in Retirement

Before retirement, you probably had the chance to increase your income, such as by earning promotions or changing jobs. But during retirement, it’s more common to live on a fixed monthly income determined by your savings. This ...

College vs. Trade School

Continuing your education after graduating from high school is a serious, personal, and complicated decision. You might automatically think college is the way to go, but then you calculate the time and money a college education ...

What is the 2K Rule?

For many parents, saving for a child’s college education is a major source of stress. It’s often difficult, if not impossible, to know how much you actually need to save, as the cost of attending college varies wildly depending ...

Which Debt Should You Pay Off First?

Between credit cards, student loans, car loans and mortgages, you’re probably carrying some debt. On the surface, managing your debt can seem relatively easy — just make minimum payments. However, if you’d like to pay down ...

Teaching the Basics of Checking Accounts To Younger Kids

How to handle money is an important life lesson. The sooner you start your child’s financial education, the more knowledgeable and responsible they will be with their money. Opening a checking account for your child is a great ...

Managing Your Time When You Work Remotely

Remote work has its share of benefits and challenges. Here are seven ways to boost your success when working from home. Establish priorities Determine which tasks are priorities, just as you would in the office, suggests Roy Maurer ...

Staying Motivated while Eliminating Debt

Although not a traditional four-letter word that would get you into trouble if you said it as a kid in school, there is no doubt debt is one of the worst words in the English language. Financial debt affects your sense of self, ...

Are You Ready for a Vacation Home?

In the afterglow of a rejuvenating getaway, buying a vacation home can seem like an especially attractive idea. What could be better than having a place of your own near your favorite beach, mountain range or artsy small town? ...

The Pros and Cons of Multiple Savings Accounts

When you want to securely store your money, you can choose to open one or more savings accounts at a financial institution. If you’re unsure how many accounts to open, it’s a good idea to keep the advantages and disadvantages ...

Budgeting Systems To Fit Your Life

Whether you’re on a fixed income or simply looking to make smarter financial decisions, a budget can help you guide your spending and supplement your savings. However, it’s important to find a budgeting system that suits your ...