Tag: Saving
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Interest Rate Cuts: Here Are Five Things You Can Do
Unless you live under a rock, you probably saw that the Federal Reserve cut interest rates, shifting its focus away from fighting inflation. Whenever the Fed shifts gears on the level or direction of rates, it can be an excellent time to review your overall savings and investment strategy, especially your cash savings. As the…
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The Ultimate Guide to Setting Financial Goals
Let’s face it – we millennials have unique financial challenges. From student loan debt to an ever-evolving job market, the pressure is real. It’s a lot. However, you can navigate these increasing challenges. Setting financial goals can be your financial North Star. Let’s explore how to establish your short-term and long-term financial goals and why…
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Financial Things Every New Parent Needs to Consider
As a parent, your primary concern is ensuring your children have everything they need to grow up healthy, happy, and well-educated. However, it is equally important to consider their financial future, particularly in today’s volatile and uncertain economic environment. In this blog post, we will explore some of the most critical financial considerations parents need…
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Everything You Need To Know About Pay Yourself First Budgeting
Pay yourself first is a form of reverse budgeting, a financial management strategy recently(ish) gaining popularity. Unlike traditional budgeting, where you allocate a certain amount for each expense category, reverse budgeting starts with your income and encourages you to save a certain percentage while allowing you to spend the remaining amount freely. How Reverse Budgeting…
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Everything You Need To Know About Target Date Funds
Target-date or lifecycle retirement funds have become increasingly popular over the past few years. These funds intend to help investors reach their retirement goals by automatically adjusting the allocation of assets over time. They are very much a “set it and forget it” approach to investing. What are Target Date Retirement Funds? Target date retirement…
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Best Short-Term Investments Right Now
It’s no secret that the Federal Reserve has rapidly increased interest rates in 2022. While those rapid increases have killed investor sentiment in the stock market, they have made short-term investments appealing again. Short-term investments can vary significantly in length, quality, and restrictions, and this guide will help you sort through them. What are short-term…
