You never know what life will bring. You can unexpectedly lose your job. A medical emergency can present itself, or you may have unexpected home repairs. So, as financial advisors would say, having an emergency fund to cover these ’emergencies’…
Your first salary is the steppingstone to becoming financially independent, learning healthy savings habits and building your nest egg. The post How to Manage Your First Salary and Grow Your Savings appeared first on Discover Bank - Banking Topics Blog.
Paying yourself first is a budgeting strategy that suggests individuals should contribute to a retirement account, emergency fund, savings account, or other savings vehicle before spending their paycheck on anything else. The pay yourself first method is a pretty simple...…
In March I offered some financial advice to Michelle, a Mint user who was struggling with debt, a lack of retirement savings and a bit of family financial drama amongst her siblings. Michelle was anticipating a cash bonus from her...…
