Sinking funds help you save for future expenses, both planned and unplanned. Used properly, they can help you live within your means and avoid unnecessary debt. Learn how to set up your first sinking fund and make the most of it.
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EveryDollar is a budgeting app that helps you save more and plan for a healthier financial future. Core features include customized budget categories, income-based budgeting, and debt payoff assistance. Learn more and find out if EveryDollar is right for you.
Self-directed IRAs offer flexibility to enjoy tax benefits while investing in alternative assets such as real estate and franchises. But they come with significant restrictions and cumbersome administrative hurdles. Learn more about self-directed IRAs and their pros, cons, and limitations.
If you’re having trouble paying your car loan, you have options. You can get out of a loan legally and with minimal damage to your credit by paying off the loan, refinancing it, selling or trading in your car, or even voluntarily surrendering the vehicle.
Need some extra cash for a new purchase? With a few friends or relatives who feel the same way, you can set up a lending circle. It’s a way to distribute small amounts of money equitably, without involving a bank or online lender.
Inflation causes money to lose value over time. But that’s not always a bad thing. For borrowers and lenders, inflation has some low-key benefits. Find out what they are and how to take advantage of them.
When you write a check or send an ACH transfer that puts your account balance below $0, most banks charge an overdraft fee. Sometimes, they charge overdraft fees on top of overdraft fees. Find out how to avoid these charges.
Health care consumers can turn to two similar but distinct supplemental plans — flexible spending accounts and health savings accounts — to cover costs not covered by insurance. But it’s essential you understand the differences and determine which is best for your needs.
While inflation wreaks havoc on your grocery bills and bond investments, it’s not all bad news for homeowners. But before you get too nervous or excited, ensure you understand how past periods of inflation have impacted homeowners — the good, the bad, and the ugly.
For those who qualify — mainly U.S. service members and their families — Navy Federal Credit Union offers a broad range of low-fee banking services, including deposit accounts, credit cards, and a variety of loans. Learn about Navy Federal Credit Union and whether it fits your needs.
For parents vacationing with little ones, the thought of subjecting fellow travelers to hours of uncontrolled wailing is mortifying. These tips from a dad who’s been there can’t stop diaper blowouts or screaming fits, but they can increase the return on your vacation investment.
By your 60s, you’ve already achieved plenty of financial milestones in your adult life. You’re in the home stretch, with retirement in sight. Learn about the fundamentals to consider as you review your personal finances and investments to prepare for your transition to life after full-time work.