I identify myself with Generation X, and sometimes I look down a little bit on Millennials as a group. Kids these days, right? However, according to a recent article I read on the Vanguard web site (hat tip: my dad), Millennials are doing a better job of saving and cash management than ever those of us… Read More
What is a Sinking Fund?
When you buy a bond, you might find that there is a sinking fund provision. So what is a sinking fund? This is an interesting measure that allows an entity to establish a fund for the purpose of ensuring that there is a way to repay the principal when it comes due. The idea behind… Read More
Healthy Living: It’s More than Just Your Weight
In the past, I associated losing weight with being healthier. However, just losing weight isn’t enough to make you healthier overall. While losing weight can improve your health, especially if you are very overweight, it’s not everything that matters for healthy living. Nutrition It’s possible to appear at a healthy weight, but still not get… Read More
Don’t Know Where to Start Saving? Try U.S. Savings Bonds
“Everyone knows that they should save,” Jerry Kelly says. “But not many people know how to get started.” Kelly is the Campaign Director for Ready.Save.Grow., the U.S. Treasury Department’s effort to inform the public about how it’s possible to start saving easily with U.S. savings bonds. “The great thing about savings bonds, and what people… Read More
Where is Your Money Going Each Month? [Infographic]
One of the essential ways to make sure that you are keeping your finances in check is to pay attention to where your money goes each month. According to government statistics used by CreditLoan.com to create an infographic of spending in the United States, the average household spends $2,600 a month on goods and services.… Read More
Want a Better Retirement? Avoid these 10 Pitfalls
Retirement accounts have been in the news a lot recently. Recently, Frontline on PBS took a look at some of the retirement account flaws. Additionally, a new law recently went in effect requiring 401(k) plans to disclose all of their fees. The new statements are causing quite a flurry of interest in the ways that… Read More
