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5 Long-Term Financial Goals and How to Achieve Them

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Save for retirement Expected time: 10-35 years Account types: Retirement plans including IRAs, 401(k)s and pensions Planning for retirement is one of the most common long-term financial goals. Most people enter the workforce with over 30 years until retirement, so the sooner you can start saving, the more wealth you can build.

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The Biggest Financial Mistakes to Avoid in Your 20s

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Soaring food prices: grocery prices have increased by 25% over the past four years. Not to mention, low wages, staggering student debt and compounding credit card debt. In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds.

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5 Financial Basics Everyone Should Know

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We’re typically hyper-aware of the day-to-day things, like looking for the best price at the gas pump or a good deal on groceries. Saving just $20 from every paycheck can add up and keep you from pulling out a credit card when emergencies happen. No one has a crystal ball to tell them how much they’ll need in retirement.

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2023 Financial Forecast: How to Prepare for the Year Ahead

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Americans increasingly pulled out their credit cards to pay for a whole slew of more-expensive goods and services, which resulted in the biggest surge in credit card debt in more than 20 years. As you think about your personal finances heading into 2023, credit card debt should be top of mind.

2023 306
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30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

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Save more for retirement. Increase contributions to retirement accounts such as your 401(k) or IRA. Empower yourself to live debt-free by paying down high-interest debts such as credit cards. Regularly review and update insurance policies to ensure adequate coverage at the best price. Reduce debt.

2024 299
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A Millennial’s Guide to Finances: 5 Things to Start Before You Turn 30

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I promise this will not be another article that berates your affinity for avocado toast (pro tip, if you prepare it at home it’s half the price!) Welcome to adulthood, where your credit score is (hopefully) lit. Credit Karma is a great free resource to track the progress of your credit score. Retired professor Timothy G.

Finance 279
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7 Money Mistakes You’re Making in Your 20s

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It’s really hard not to—making lunches for work is a hassle; you’re used to paying the lowest price even if it’s not the best deal; and maybe you haven’t renegotiated your car insurance since, well, ever. Paying credit card interest or fees. A credit card can be a useful tool. It can be uncomfortable negotiating.