If I Could Tell Everyone Saving For Retirement 1 Thing, I’d Tell Them to Do This With Their 401(k)
Saving for retirement can be tricky, to say the least. There’s an entire buffet of options to choose from –everything from individual retirement accounts (IRAs) to employer-sponsored plans like 401(k)s. And the rules? They can feel like they go on forever. All told, it can make the whole process seem pretty intimidating. But the sooner […]
3 Reasons to Buy Gift Cards at Sam’s Club Instead of Costco
Image source: Getty Images Although the rate of inflation has slowed down nationally, prices in my area still remain frustratingly high. Rewards credit cards have helped my budget, but some expenses just refuse to be toned down. One way to combat stubbornly high prices is to buy gift cards at Sam’s Club or Costco. Many […]
If You’re 65 or Older and You Haven’t Signed Up for Medicare, You May Be Making a Huge Mistake
Age 65 may not be when you’re eligible for your complete monthly Social Security benefit. But at that point, Medicare should be on your radar. Your initial Medicare enrollment window starts three months before the month of your 65th birthday, and it ends three months after that month. If you don’t enroll during that seven-month […]
Flying Home for the Holidays? This Free Tool Can Help You Save Money on Airfare
Image source: Getty Images Many people travel to visit friends and family during the winter holidays. It can be a great time of year to gather together, but travel costs can add up quickly if you’re not careful. If you’re leaving town for the holidays this year, take advantage of opportunities to save money on […]
3 Money Moves That Have Made Me Over $100,000
Image source: The Motley Fool/Upsplash Some people like to closely track every aspect of their finances. They check account balances often, and they’re always looking for improvements they can make, no matter how small. I’m not one of those people. I don’t want to spend too much time managing money, and I definitely don’t want […]
Here’s Why I’m Planning to Buy My Next Laptop at Costco
Image source: Getty Images As a freelance personal finance writer, I rely on my laptop to do my job. It doesn’t matter if I’m doing my job from my home office, a soccer field while I wait for my kids’ practices to wrap up, or any other random place. As long as I have a […]
Social Security Benefits Get a COLA in 2025 That’s Filled With Good News and Bad
There’s been lots of speculation about Social Security’s 2025 cost-of-living adjustment (COLA), but on Oct. 10, it all came to an end. That’s because the Social Security Administration announced a 2.5% raise for 2025, bringing the average monthly benefit up by about $50. If you’re someone who’s dependent on Social Security, you may still be […]
Hey Retirees, Are You Expecting a 2.5% Social Security Raise in 2025? Think Again…
For most retirees, Social Security doesn’t just provide a monthly check. Rather, it lays a financial foundation that retirees would struggle to live without. Based on an analysis from the Center on Budget and Policy Priorities (CBPP), the poverty rate for adults aged 65 and older is 10.2% with Social Security, as of 2022. If […]
