Saving money is a valuable skill for all of us to learn. Families that save together offer the opportunity for children to learn about money in general and why savings is important even at a young age. It helps the whole family be engaged in saving for family and individual goals. It is also a […]
Save for Retirement
Recently a friend asked me how much do I contribute to my retirement account and how much does my employer contribute? I shrugged, but inside I cringed, because I didn’t know the answers to these simple questions. Do you know how much you contribute to your retirement account? Retirement financial literacy Financial literacy knowledge and […]
Save For the Unexpected
We can’t always predict what will happen in life, but we can be prepared by saving for the unexpected. According to the most recent Federal Reserve Survey of Consumer Finances (2019), Americans on average have less than $5,000 in their savings/emergency account. Many financial institutions or professionals suggest that we should have a minimum savings […]