What are Series I savings bonds & should I buy them now when inflation is high?
The United States inflation rate has been higher than many of us have ever seen. I was a child when the inflation rate was this high. And while I remember having to be the person who physically got up to change the TV channel before remotes existed, I don’t actually remember the high inflation rates.…
Read MoreEverything You Need to Know About Saving Money for a Car
Depending on where you live, what you do, and your lifestyle needs, a car may be a necessity. Having a car adds convenience to your life, but it also adds a new level of financial responsibility. If you are looking to own a car, you’ve likely tried to map out how to save. We can…
Read MoreSaving Money to Move Out? Here’s How Much You’ll Need (On Average)
Thinking about moving? The decision to move may be exhilarating or stress-inducing, depending on how you view it. Whether you’re excited to start a new chapter of your life or worried about packing, saving money can help you avoid the stress of finances. Here’s how you can financially prepare for your next move. Think about…
Read MoreEverything You Need to Know About Inflation
It’s almost impossible to turn on the news or scroll the headlines today and not be confronted by rising inflation. With an inflation rate of 8.5% in July, it is easy to see why. The government typically works to target 2% inflation to keep price changes low while encouraging economic growth. So the high inflation…
Read More5 Money Saving Hacks You May Not Have Considered
All it takes to start saving is regularly putting aside small amounts of what you bring home. Each dollar makes a difference when they add up! Whether you’re looking to save for retirement, your first home, or a long-earned vacation, saving can make you feel comfortable and stress-free, even if saving itself seems overwhelming. The…
Read MoreHow to Put Away Thousands With the 100 Envelope Money Saving Challenge
Ever heard of the 100-envelope money-saving challenge? The challenge first went viral on TikTok, where it seemed to get everyone’s attention. It’s a fun challenge that motivates people to save by visually representing small savings that can add up quickly, cutting out the overwhelming feeling of needing to put away a ton of money at…
Read MoreAre People Saving Money By Going Minimalist?
Are you overwhelmed by the clutter in your home or apartment? despite your best efforts? Going minimalist might be for you! A 2021 study defines minimalism as being “characterized by removing clutter, being satisfied with a small number of material possessions, and giving careful consideration before making any new purchases.” Basically, it means focusing on…
Read MoreWhat’s in Biden’s Student Loan Forgiveness Plan and How Does it Affect You?
Student Loan Forgiveness Updates November 23, 2022: Important to note: The Department of Education has just announced that the student loan payment pause has been extended to June 30, 2023 November 21, 2022: What’s Happening to Student Loan Forgiveness? As you may have read in the news, a federal judge has blocked the White House’s…
Read MoreA Money-Saving Chart to Keep You Motivated
Do you need help saving money? Let’s go back to 2019, a year before COVID-19 hit. Maybe you’re excited about travel plans, graduation parties, or concerts coming up this year. All of a sudden, COVID-19 changes all of your plans. You might’ve lost your job, had to drop out of school, or help your family…
Read MoreMoney-Saving Meals to Stretch Your Food Budget
Grocery bills can quickly get out of hand in this economy, especially if you have other mouths to feed. The cost of food has significantly increased thanks to inflation. If you want to prioritize saving money, you may need to get creative to stretch your dollar. From meal prepping to switching out parts of your…
Read More