Money Mastery: Smart Financial Strategies Tailored for Women in 2024
The unfortunate reality is that many women find themselves at a financial disadvantage as compared to men. We typically make less money, take time off work to care for children, …
Saving should be an important part of your financial life. But even in good times when money isn’t tight, it can be tough to prioritize how much to save and which long-term goal to save for. Undoubtedly, saving for the kids’ college and your retirement is a chief concern for many families. Choosing which to prioritize is where it can get tricky, with many families saving for the closer goal – college. However, this U.S. News and World Report actually recommends just the opposite. Here’s an excerpt:
How should you prioritize saving for your children’s college education and funding your own retirement? The prioritization is a very personal thing. Typically retirement comes first and education is a close second. There is only one way to save for retirement and that’s for you to do it. There aren’t many pensions left out there. Never leave 401(k) matching money on the table. That’s free money. Fully save for retirement and if there is money left over, then save for education. There are a lot of ways to pay for education.
The unfortunate reality is that many women find themselves at a financial disadvantage as compared to men. We typically make less money, take time off work to care for children, …
Transitioning from school into the work-world comes with many new areas of life to traverse, and one of them is paying off student loan debt. For some, this can seem …
When you are dealing with a traumatic, unexpected or very difficult time in your life, the last thing you want to be worried about is your ability to cope financially …