Banking
Spring cleaning is a concept all of us are sure to be familiar with. The annual drive to clean out, de-clutter, and prepare one’s home for the upcoming year is something we can all relate to on some level. However, one aspect that many people forget to consider during this cleanup is their finances – [...]
Continue reading about Five Steps for the Fall Financial Cleanup
Many of you may know that Benjamin Franklin is said to have coined the phrase “A penny saved is a penny earned.” He actually had quite a lot to say about compound interest. But, as it turns out, a few other founders of the United States of America had something to say on the subject of finance, too.
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This year – 2009 – officially marks the 35th anniversary of the inception of the IRA, or Individual Retirement Account. Though these savings and investment vehicles have changed dramatically over the years, the fundamental principle is the same: preferred tax treatments as an incentive to save for retirement.
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The Rule of 72 is a fantastic medicine in your financial health kit. One of the most common calculations people are interested in doing is figuring out how long it will take for their money to double, and this is a great way to do it quickly and with ease.
Spare change can be a much more powerful tool in the financial arsenal than most people think.
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