Archive | savings

Don’t Assume the Default 401(k) Contribution Is Enough

When you opened up your 401(k), you were probably presented with a few default options. Maybe your workplace automatically put 3% of your paycheck towards 401(k) contributions, for example. Maybe you were told that the company would match your contributions up to 5%, so you elected to contribute 5% to get that company…Read more… Continue […]

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How to Keep Negative Compounding From Derailing Your Financial Goals

Every penny counts, when you’re saving for retirement or another big financial goal. That includes the pennies you’re paying in brokerage fees and losing to expense ratios—which can add up to a lot more than you realize, thanks to what’s called “negative compounding.”Read more… Continue Reading at https://lifehacker.com

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The Sane Person’s Guide to FIRE Savings

The concept of FIRE—Financial Independence, Retire Early— is pretty straightforward. If you can save up enough money when you’re young(er), you can have a ton more flexibility later in life. You might choose to quit your job and start a business, or unload your house to travel the world. If you can save, you can…Read […]

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How to Make Your Finances More Flexible Before the Next Recession 

The U.S. economy has more or less been in expansion mode since the Great Recession of 2009, but expansions don’t last forever. While no one can say with certainty when the next recession will hit, it is certain that it will come eventually. And when it does, you’ll want to be as prepared as possible.Read […]

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When to Transfer Your Savings to a Roboadvisor

Interest rates are rising after years of stasis, yet brick-and-mortar banks are still offering customers a piddling 0.10 percent on average on savings, according to the Wall Street Journal. That makes roboadvisor offerings from the likes of Wealthfront and Betterment look more attractive. Read more… Continue Reading at https://lifehacker.com

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How Much of Your 401(k) Balance Is Actually Yours?

If you’ve been contributing to a 401(k) or IRA for a few years, you might be happy with your current balance. You know, in a nebulous way, that you’ll have to pay taxes of some kind when you take a disbursement, but that’s overshadowed by the progress you’re making toward your retirement goals. Look at […]

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Why You Should Try a Digital Power Supply for Your Next PC Build

I always like knowing what’s going on with my PC, but I tend to only focus on its cooling capabilities, since that directly affects whether my system sounds like a purring kitten or a jet engine while I’m working (or gaming). However, I’ve always been curious to know how much power my system draws, since […]

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Save Even More on Amazon Prime Day Discounts With This Hack 

If you’re a big Amazon shopper—and pay an annual fee to bask in the company’s services—happy Prime Day! You’re going to see a lot of deals today, because just about every website in the world is tracking, organizing, and shoveling Prime Day items your way.Read more… Continue Reading at https://lifehacker.com

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Save Even More on Amazon Prime Day Discounts With This Hack 

If you’re a big Amazon shopper—and pay an annual fee to bask in the company’s services—happy Prime Day! You’re going to see a lot of deals today, because just about every website in the world is tracking, organizing, and shoveling Prime Day items your way.Read more… Continue Reading at https://lifehacker.com

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Why You Should Always Use the Walmart App’s ‘Savings Catcher’ 

iOS, Android: I’m not a huge Walmart shopper, but if I was—because they had a certain retro gaming system in stock, for example—I’d definitely make sure I was walking into the store, smartphone at the ready. You might think there’s nothing inherently special about Walmart’s app for Android and iOS, but it actually…Read more… Continue […]

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Haggle Online With ‘PriceWaiter’ for Google Chrome

Chrome: The PriceWaiter extension—a name-your-own price system that almost sounds too good to be true at first—is only available for Chrome right now. (Sorry, Firefox users.) And when you install the extension, you’ll probably notice… absolutely nothing, at least at first.Read more… Continue Reading at http://lifehacker.com

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Why Your Emergency Savings Should Look Like a ‘Sidecar’ Account

Americans have a hard time putting money away: 44 percent of Americans said they could not come up with $400 to cover an emergency expense in 2016. According to a brief from the Aspen Institute, a policy nonprofit, “one-third of Americans struggle with income volatility,” and 60 percent of Americans have experienced…Read more… Continue Reading […]

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