6 Unexpected Benefits of Multigenerational Housing
Are you considering moving in with your family? Many SaverLife members have shared that they live with their grandparents, parents, children, siblings, or friends. There are many reasons why SaverLife members have created multigenerational homes, but some major examples include: When it comes to housing, there’s no right answer for how you share your space.…
Read MoreDebt Dilemma: The Impact of Student Loans on Your Financial Future
If you have student loans, you’re not alone. According to a recent Forbes article, there are roughly 43 million people currently holding federal student loans. This translates to roughly 13% of the United States population! Plus, this number only accounts for federal student loans; it doesn’t even account for the debt owed by private loans…
Read MoreSelf-Employment Taxes: What You Need to Know and How to Stay on Top of Them with Confidence
Being your own boss comes with many benefits, like greater flexibility, freedom, and control over your work. However, when it comes to taxes, being self-employed can feel like a whole new ballgame. Navigating the process of self-employment taxes, including what they are, who needs to pay them, and when they’re due, can be tricky and…
Read MoreConsidering Solar Panels to Reduce Your Electricity Bill? Keep these Facts in Mind
When you’re budgeting, planning for expenses can be a challenge. One area where this hits most people’s budgets is electricity bills. This unpredictability, coupled with rising energy costs, can put a strain on your finances. This may have you wondering: how can you lower your electricity bill and make it more consistent over time? One solution…
Read MoreGuide: Protecting Your Finances from Climate Change
Start here The Hidden Impacts of Climate Change on Your Financial Health and Well-being You may be surprised by all the ways extreme weather can affect your finances. Read More Featured Articles March 14, 2024 How Does Climate Change Impact Your Insurance Coverage? Learn how the climate could affect your insurance costs, coverage, and claims,…
Read More2024 Minimum Wage Increases: How to Maximize Your Income
We know people are struggling to make ends meet. Many SaverLife members have shared that their wages aren’t keeping up with skyrocketing inflation. But in a long-overdue positive change, 24 states are finally taking action in 2024 to increase the minimum wage for their residents, affecting an estimated 10 million workers. What is minimum wage,…
Read More6 Tips to Start the New Year on the Right Track Financially
The holidays are a time of hustle and bustle. Between the parties, presents, and meals, other things often shift out of focus. But the new year is a time for refocusing on your goals. Whether you went over budget or just didn’t pay attention to your spending over the holidays, the new year can be…
Read MoreFree, Cheap and (Mostly) Homemade Holiday Gift Ideas
Homemade holiday gifts may just be the best way to give. They’re easy on the budget AND meaningful to the giver and the receiver. Get Creative Use your unique talents and interests to make homemade gifts. Give the Gift of Time Together Most of us wish we had more time with the special people in our…
Read MoreOvercoming Holiday Debt: Tips to Get Back on Track and Regain Financial Stability
The holidays are here! And with the gifts, decorations, and travel that go along with the holidays, it’s easy to see how spending can stack up at this time of the year. In fact, Americans spend an estimated $1,000 on Christmas each year! Sometimes, this spending can even cause you to go into debt. The good…
Read MoreThrift Gifts: Preloved Finds for Holiday Gift Giving
Some things stand the test of time: a classic book, a colorful scarf, a cute end table, quality cookware. With a bit of time for searching, the perfect gift may be at a secondhand store near you. There are two types of secondhand stores. Thrift Stores These include stores operated by non-profit organizations and for-profit…
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