Dividends let investors turn their portfolio into a source of income, but not everyone wants to get cash out of their investments — some would prefer to reinvest their profits. Dividend reinvestment plans (DRIPs) can help investors do that. Read on to learn about DRIPs and what they offer investors.
Needing long-term care isn’t just a physical burden; it’s a financial one too. If you don’t want to risk being bankrupted by long-term care costs later, you need to do some planning now. Learn how to plan for the cost of long-term care, your long-term care options, and programs that can help.
Using Fetch Rewards is a simple way to save more money on everyday purchases. Because Fetch Rewards is brand-specific instead of retailer-specific, it’s easy to earn points just by uploading receipts from whenever you shop. How does Fetch Rewards measure up? Find out here.
Small companies tend not to offer 401(k) plans, given the administrative costs and headaches associated with them. Fortunately, there’s a type of employer retirement account specifically for small businesses: the Savings Incentive Match Plan for Employees (SIMPLE IRA). Learn more about it here.
Cleo, a freemium personal finance app, uses humor to help you manage your money, but this AI-powered saving and budgeting tool is no joke. This clever app is great for beginners. Learn about Cleo and whether this humorous personal finance app can help you stick to your budgeting and saving goals.
When it comes to retirement savings, there’s good news, bad news, and more bad news. The good news is that most Americans today have access to a workplace retirement plan, such as a 401(k). A 2018 study at Stanford University found that roughly half of all U.S. households have access to a work-based retirement plan,
What gets measured gets done, as the old business saying goes. The same is true for your personal finances. Without setting goals and keeping a pulse on your money metrics, it’s hard to achieve any progress. Here are 15 numbers to help you monitor your fiscal health.
Many Americans aren’t saving enough for retirement. The common advice is often for workers to step up their savings and set aside at least 10% of their income in their workplace 401(k) plan. But is a 401(k) really the best way to invest? We take a closer look.
A lack of financial literacy can be extremely costly. A great way to gain financial knowledge is to read up on the subject; there are hundreds of books on all aspects of dealing with money, from basic budgeting to early retirement. Here is a list of the best personal finance books you need to read.
Technology has made it easier than ever to work remotely while living anywhere in the world. Does your ideal lifestyle involve becoming a digital nomad or laptop entrepreneur? Follow these steps to untether your life from a specific location, and start writing your own rules for how you live and work.
It’s easy to take your health for granted when you feel young and strong — until sooner or later you face an unexpected medical issue. Take these financial steps while you’re young and healthy to prevent a financial emergency from compounding your health problems, whenever they happen to strike.
If your relationship has gotten stale, a weekend getaway can help rekindle the flame. And it doesn’t have to be pricey. There are plenty of ways to enjoy a romantic weekend without breaking the budget. You just have to think outside the box.
