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 […]
Holiday Gifts that Won’t Break the Bank
The holiday season is here! And with the holidays comes the tradition of gift giving. Giving gifts can be a wonderful way to show family and friends you care, but it can also be expensive. The average American plans to spend close to $1000 on holiday shopping. Holiday gifts don’t have to break the bank. […]