America Saves Week 2020
The last week of February marks the 14th annual America Saves Week. This year, savers are encouraged to keep their eye on a prize as they save money...Read full article
Category: Saving
Develop effective saving strategies so you can achieve your goals!
Setting aside money is essential and most of us aren’t doing nearly enough of it. Even when we manage to set money aside, we don’t always foster effective growth. But you need an effective saving strategy – and an even more effective investment strategy – to achieve long-term financial stability.
At Consolidated Credit, we believe saving money is just as important as paying off your debt. These articles feature expert advice on how to save money effectively. We teach you smart ways to save and help you learn to make your money grow. With the right saving strategy, you can achieve your goals despite any challenges you face with debt.
How Can I Save Money While I’m in Debt?
Saving money can’t wait for you to be debt free. We asked 18 experts for their tips on how to save money while you’re in debt, so you can start saving now...Read full article
Retirement Savings Updates for 2020
Learn how college an retirement savings plan changes from the SECURE Act may affect your long-term saving strategy, so you can plan for the future...Read full article
Avoid Vampire Energy and Save Money This Halloween
Beware the vampires lurking in your home! Vampire energy sucks down power and drive up your bills. Here's how to save that electricity...Read full article
Budgeting for Christmas in July
You might think it’s too early to start thing about budgeting for the winter holidays, but there are just 10-12 paychecks left before the holidays start...Read full article
Seniors Lose More Than $27 Billion to Elder Fraud Every Year
Elder fraud scams target seniors, preying on lack of knowledge and fears about healthcare and debt. Learn about the latest scams targeting seniors...Read full article
How Military Families Can Start to Get Ahead of Saving during Military Saves Week
In honor of Military Saves Week 2019, we look at saving and personal finance statistics of military families, with money saving tips to help you get ahead...Read full article
Will Universal Savings Accounts Really Be the Best Way to Save for Emergencies?
Congress wants to create Universal Savings Accounts to give Americans an easier way to generate emergency savings, but will they help average families?..Read full article
Understanding the Rate Hike Impact on Your Debt and Savings
We help clients enrolled Consolidated Credit’s relief program understand the Federal Reserve rate hike impact on their credit card debt, loans and savings...Read full article
What’s Your Personal Saving Rate?
The personal saving rate hit 6.8% in June, but are Americans saving equally? We look at personal savings and offer tips on improving your saving strategy...Read full article
Making the Most of Your 401(k) Contributions
If you have a 401(k) through your employer, there’s good reason to max out your 401(k) contributions, but most retirement savers aren’t hitting the mark...Read full article
How Much Should You Have in Emergency Savings?
Emergency savings is essential to cover unexpected expenses like home and car repairs, as well as to give you a financial safety net in case you lose your job or can’t work due to a medical emergency. But how much should you have in emergency savings and how much do average Americans actually save?..Read full article
More Americans Right Size Emergency Savings
Learning how to right size emergency savings is a crucial skill that can help you achieve financial stability and avoid problems with credit card debt. We offer tips to help you ensure you have more savings than debt...Read full article
The Future of the Fiduciary Rule
The fiduciary rule is meant to protect consumers from biased investment advice, but many in D.C. believe it’s doing more harm than good. Here’s why...Read full article
Savers, Spenders, and Love
When it comes to love and money, financial challenges can definitely derail a happy relationship. Here’s how to have a happy financial life together...Read full article
What Type of Saver Are You?
A new study defines every American as a specific type of saver based on how you save and how you feel about saving money. Are you confident about saving?..Read full article
The Retirement Confidence Trap
People are confident they can retire with enough income, but where does all that retirement confidence come from when investment assets are so low?..Read full article
More Americans Saving Less
A new study finds 69% of Americans don’t even have $1,000 in emergency savings to cover an unexpected expense. What does this mean for financial stability?..Read full article
Parents Step Up College Savings
More parents are saving for their children’s education costs, but savings are still behind. Here’s what you can do to increase college savings today!..Read full article
Sick of Retirement Studies
Experts estimate total out-of-pocket healthcare costs after retirement could be upwards of $400,000. We help you plan ahead for retirement sick days...Read full article
College Savings in Crisis
Today’s student debt crisis may be rooted in the savings crisis faced by parents following the Great Recession. Here’s what to do to prepare for college...Read full article
Losing Sleep Over Retirement
A new study finds even active savers are losing sleep at the idea of outliving their money during retirement. Here’s what you can do to save effectively...Read full article
What Americans Fear Most About Old Age
If you fear outliving your money, you’re not alone. But while this is many people’s biggest fear, few are saving effectively to meet retirement goals...Read full article
Working at Retirement
Saving for retirement is being delayed for many due to financial support being given to family. So how do you save for retirement when you’re sandwiched?..Read full article
