The competing struggle between wanting your short-term savings to grow while protecting the principal has been going on for years. Here are some ideas that can prevent that.
Building wealth means saving more than you earn. Get started boosting your savings today.
Your Savings Rate is More Important Than Your Rate of Return
Your rate of return means nothing if you have no savings. Too often we get caught up trying to find the right investment, thinking that “the one” will make us wealthy. Forget the nonsense. Focus on the rate you control: the amount that you’re saving.Read More
Looking to Outsource?
Sometimes life is too busy and you don’t want to do it all yourself. Over the years, many people have asked me to connect them with the “good guys” in the financial services industry. Below are people and companies that I’ve personally vetted (often meeting them in person). Know that they are paid advertisers on the site but that I routinely recommend them to friends and colleagues and would do so even if they weren’t advertisers.
Earnest combines technology with financial backing from Navient to offer better customer service and good rates.
Student Loan Planner
Many readers have already used Student Loan Planner to help them figure out the optimal repayment strategy for their student loans.
Looking for an insurance agent that won't try to talk you into buying whole life? Pradeep is no frills and no pressure.
Latest posts in Savings
The Three Years and Out Plan
How to make the most out of your first 3 years of your job before you move on to a more permanent long-term career.
What Does a 20% Savings Rate Get You?
Take a look at this hypothetical lawyer and his finances to see what a 20% savings rate really means to the average lawyer.
How to Achieve Ruthless Prioritization
Wondering how to really make an impact in your savings? Here are some examples of how I’ve prioritized my financial future above many other things in my life.
All You Need Is A Thousand 1,000s
Saving doesn’t always have to be a big, time-consuming action. Here are some easy and effortless ways you can save money and contribute to your investment accounts.
Path to a Million Bucks by Partnership
Want to be a millionaire but think it won’t happen for a long time? Here’s a path to hitting millionaire status during your associate years.
Great News! ATMs are Now Free
Are you racking up costs left and right at your current bank? Get out of that toxic relationship and check out an internet-only bank.
Looking Ahead 18 Months
The 18 month cycle served us well throughout high school, college, and graduate school, so why should we stop once we’re adults. Here’s what planning for the next 18 months could look like for you.
Guaranteed Return: Shift Your Income
If you and your spouse make unequal amounts of money, you might want to consider this practice to get the most out of your retirement funds. Read about some of the tips I’ve discovered from switching with my own partner.