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
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.
Are You Afraid of Outliving Your Retirement Savings?
Many Americans fear they won’t have enough money to live comfortably during retirement. We explain how avoid outliving your retirement savings...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
Is Debt Delaying Your Retirement Savings Goals?
A new survey finds that American workers that hold non-mortgage debt, such as credit card debt, are much less likely to save for retirement. Consolidated Credit explains how to save and pay off debt...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
Debt Delays Gen X Retirement Savings
Too much debt, particularly credit card debt, is the driving force behind Gen X retirement savings delays. Consolidated Credit offers advice to get ahead...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
Budgeting for Christmas in July
You have roughly 10-12 paychecks before the start of the winter holidays. We offer tips for budgeting for Christmas in July to help avoid credit card debt...Read full article
Another Interest Rate Hike Could Mean Higher Costs for You
The second interest rate hike in 2017 means higher costs for borrowers, but bigger returns for savers. What can you expect for your debts and savings?..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
Filling Up More Than Your Tank
A few dollars difference really adds up when gas prices drop, but are you getting the most out of the money you save by using it to pay off credit card debt?..Read full article
Will You Retire Without Debt?
Minimizing debt as you head into retirement is key to maintaining financial stability during your golden years, but how can you be debt-free before age 65?..Read full article
Are Men Better Than Women?
Women are behind men when it comes to long-term savings and retirement investments, but is it due to fear and uncertainty or due to tough life choices?..Read full article
Hoping Doesn’t Help
The average Millennial plans to retire by age 62, but 91 percent don’t even have a retirement plan, let alone the right savings and investment tools...Read full article
More Money or Less Debt?
A new study finds half of Americans believe they will die broke if their financial situation doesn’t change by subtracting debt and adding income...Read full article
