How should I pay off medical debt that’s been sent to a collection agency?
“My debt from an unpaid urgent care bill has been sent to a collection agency. What is the best way to go about paying off this debt?” Submitted by Jessica J. Medical debt is a huge financial stressors for many people. Taking action early is the best way to get it under control. Double-check your…
Read More3 Reasons to Set Up an Automatic Savings Plan
There are endless strategies for saving money, but one that comes up again and again is setting up an automatic transfer. Lots of research, including our research here at SaverLife, shows that this is a good way to save more. In fact, SaverLife members who set up automatic savings transfers are 5-6% more likely to…
Read MoreMy kids are 4 and 7. Is it too late to open a 529?
“My son is 7 and my daughter is 4. Is it too late to invest in 529 plan for them? What would be a better alternative to save for their college and financial future?” Submitted by Stella D. It is never too early or too late to start saving for college (or for anything, for…
Read MoreHow to Find the Right Products for You
Hi, I’m Saundra Davis, financial coach here at SaverLife. Today we’re going to talk about how to find the right financial products and services for your situation. It is wonderful that we have so many financial products and services to choose from, but it can also be overwhelming. It can be very difficult to make a decision. There are many things that…
Read MoreMeet Your Fellow Savers
At the beginning of your journey with SaverLife, we asked you about your goals. Here’s what you and your fellow savers said! EARN Savers have big goals! YES, we do! (I’m saving too!) I’m not at all surprised that housing is at the top of our “goals” list. That makes perfect sense! Buying a home…
Read MoreHow to Use the 80-20 Rule for Saving Money
It isn’t easy following money saving rules. You have to face up to your finance as it is and without embellishments. You have to learn how to budget and save money. The toughest bit is that you have to bury certain desires and defer others to another time. Whatever your bank balance is at the…
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