What Does the Fed Rate Cut Mean for Home Prices?
Image source: Getty Images At the last two Federal Reserve Board meetings, the agency cut the federal funds rate — for a total of 0.75%. You might think this means all interest rates will automatically drop by that same amount, but that’s not really how it works. The federal funds rate is just the rate […]
5 Little-Known Ways to Save Money at Costco
Image source: Getty Images Just having a Costco membership opens the door to all kinds of savings that you probably had no idea were even possible. But did you know that there are even more ways to save at Costco? It’s true. Between coupon stacking, cash back offers, and even more savings when purchasing direct […]
3 Ways You Could Lose Money With Your High-Yield Savings Account
Image source: Getty Images A high-yield savings account should be a good place to keep some of your money. High-yield accounts usually pay well above the national average interest rate and are a way better option than standard savings accounts that are currently paying an average of 0.45%, according to the FDIC. In some cases, […]
5 Reasons People Have Their Sam’s Club Membership Revoked
Image source: Getty Images If you like shopping at Sam’s Club, the last thing you want is to lose your membership. Since it has a large selection and reasonable prices, it’s easy to shop there without draining your savings account. Fortunately, Sam’s Club doesn’t go around canceling people’s memberships for no reason. That wouldn’t be […]
Medicare Open Enrollment Is Winding Down: 3 Moves to Make Before Dec. 7
The Medicare plan you sign up for each year will determine what benefits you’re entitled to and what sort of costs you’ll be looking at. And right now, you have an opportunity to put a new Medicare plan in place for 2025 during the program’s fall open enrollment period. Although Medicare open enrollment kicked off […]
16 Things the U.S. Can Do to Fix Social Security
Social Security isn’t exactly on the most secure financial footing, with the latest estimates calling for the program to deplete its reserves within a decade. However, the program can certainly be fixed, and in this video, Certified Financial Planner® Matt Frankel discusses 16 different strategies the U.S. could use to help ensure Social Security’s survival. […]
Here’s the Credit Score You Need to Get the Best Cash Back Cards
Image source: The Motley Fool/Getty Images Cash back cards are a quick, easy way to save more money. And you could save quite a bit with the best cash back cards. Many of them earn anywhere from 2% to as high as 6% back and have sign-up bonuses of $200 or more. The cards with […]
3 Reasons to Do Your Holiday Shopping at Costco
Image source: Upsplash/The Motley Fool Like it or not, the holiday season is upon us and soon to be in full swing. And in the coming weeks, you may find yourself doing a fair amount of shopping to complete your ever-growing gift list. You could turn to a big-box store like Target for your holiday […]
Ranked: The 5 Best Perks of Joining Costco
Image source: Getty Images Costco is different from other stores in that it charges a membership fee. Right now, you’re looking at $65 a year for a basic membership, or $130 a year for an Executive membership that gives you 2% cash back on Costco purchases. You’re probably aware that Costco members get access to […]
I Mostly Stopped Shopping at Aldi in 2024. Here’s Why
Image source: The Motley Fool/Unsplash There was a time when I was pretty happy with Aldi. Despite having access to low-cost produce at Costco, I started shopping at Aldi somewhat regularly when I realized that buying certain produce items there instead was saving me about $10 a week. When you multiply that out over a […]
