Money management experts recommend an emergency account for that unexpected expense or worse, a job loss. How much do you need? Again the experts would say 3-6 months’ worth of expenses to give you a cushion until you find another source of income. Years ago I established a fund that changed my financial situation and I […]
Subscriptions: Convenience, at what Cost?
For decades, consumers have subscribed to magazines and periodicals, and each month are presented with fresh reading material. Fast-forward to more recent times, and subscriptions to “[item] of-the-month” clubs become popular gifts. Still today, more and more products that we consume or use regularly are becoming available to us via subscription services. According to the […]
Using a 529 Plan to Save for College
With annual tuition at U.S. public universities averaging nearly $9,500, saving money for a child’s college education may seem daunting. But even small amounts saved regularly will help, and over time will add up. One of the best tools for saving for college is a 529 Plan. These federally established college investment accounts provide a […]
3 Ways to Automate your Finances
I write this as I glance at my to-do list, which I cannot recall the last time was blank. In our society, most adults are stretched thin with busy schedules, family responsibilities, work, maintaining a home, and trying to find some time for number one. Automation is one strategy that can help alleviate some of […]
Millennials and Homeownership
“Homeownership has long been central to Americans’ ability to amass wealth”, according to the report on a study by researchers at the Joint Center for Housing Studies at Harvard. And… “Millennials are less likely to be homeowners than young adults in previous generations”, according to The Council of Economic Advisers in the Executive Office of […]
5 Easy Ways to Get Involved in Ohio Saves Week and Save Successfully
Ohio Saves, our local affiliate for the national America Saves campaign, is excited to participate in another Saves Week! Read more about this initiative and how you can get involved. Katie Bryan, America Saves Communications Director, brings the following information to you. America Saves Week, February 23 – 28, 2015 is a chance for individuals […]