How to Set Up Your 50/30/20 Budget Spreadsheet
Whether you’ve struggled to manage your personal finances consistently in the past or you’re looking to find a less time-intensive method, the 50/30/20 budgeting system might be the approach you need to stop struggling and finally make your budget stick.
401(k) vs. IRA: How to Choose The Best Retirement Account for You
The details of a 401(k) and IRA may get a little complicated, but choosing the right fit is actually pretty simple. Here’s what you need to know to get started investing in the right retirement account for your future.
Personal Capital vs. Mint: Which Personal Finance App is Right for You?
Two of the most popular personal finance apps are Personal Capital and Mint. Here’s how they compare, what they each do well and how to decide which one is right for you. It’s easy to budget with the fintech apps available today.
Roth IRA vs. Traditional IRA: What You Need to Know
When it comes to choosing the right retirement account, over-analysis can lead to paralysis. It’s important to learn the difference between a Roth IRA and traditional IRA and know when is the best time to use each one.
How to Fill Out a Money Order: An Easy Step-by-Step Guide
There are times when a plastic card or paper cash isn’t enough – for instance, if you need to mail a significant sum of money or send a secure payment. For anyone in situations like these, a money order is the solution.
What is a Bank Statement and How Do I Read It?
A bank statement is a record of your transactions from a checking or savings account over a certain statement period. It shows all the deposits and withdrawals that occurred for your account. It includes any checks you wrote, credits you received and more.
What is Compound Interest and Why Should You Know How to Calculate It?
Have you found yourself asking “what is compound interest?” If so, you’re in the perfect place to learn everything you need to know about calculating and earning it and how people set aside a small amount of their paycheck and collect huge returns decades later.
What is a Checking Account, and When Should You Use One?
A checking account is a deposit account provided by banks and credit unions to store money for everyday use. Checking accounts are the more casual twin to savings accounts, which are meant to hold money for long-term use.
What is a CD Ladder (and Should You Have One)?
A CD ladder is a great way to maximize interest earnings on your short-term savings while maintaining the flexibility of a regular savings account. Here’s what you may want to use a CD ladder for and how to set it up.