How to Find a Happy Balance Among Competing Savings Goals

Saving money sounds straightforward — set cash aside for a future purpose — but in reality, people often face competing savings priorities. We want it all: the travel, the house, the flush savings account. So how do we figure out which savings goals to put first, especially when we’re working toward so many things at … Continued

3 Steps to Breaking Unhealthy Financial Habits

Some bad habits affect our physical health, like smoking, nail biting or eating too much junk food. But others take a toll on our financial health. How do you know if you have unhealthy financial habits, and what can you do to build better ones? Take these three steps. 1. Dig into your relationship with … Continued

Grimace-Free Ways to Learn Personal Finance

The online landscape is littered with horrible personal finance advice: teenagers promoting day trading strategies, “influencers” flogging questionable investment schemes and people with dubious credentials insisting you shouldn’t invest in a 401(k). Outrageous statements and flashy graphics grab attention, but there’s also plenty of sound, factually correct money content out there — and some of … Continued

6 Things to Know About Student Loans Before You Start School

The summer before your freshman year in college means choosing classes, checking out your future roommate’s Instagram and figuring out how you’re going to pay the bills. Chances are you will need a loan: 2 out of 3 students have debt when they leave school, according to 2017 graduate data from the Institute for College … Continued

5 Steps to Strengthen Your Finances in 2022

This article provides information for educational purposes. NerdWallet does not offer advisory or brokerage services, nor does it recommend specific investments, including stocks, securities or cryptocurrencies. 2021 was a year of financial strain for many Americans: Household debt and the overall cost of living increased, while median household income decreased, according to NerdWallet’s annual household debt study. … Continued

5 Steps to Reach Your Money Goals in 2022

In addition to the new year bringing confetti and a fresh calendar, it’s a time to set big money goals for the next 12 months. That might mean finally paying off debt, buying a house or taking a long-delayed vacation. With inflation and economic uncertainty clouding 2022, shoring up your finances this month can feel … Continued

Savings Tips for Newbies, Experts and Everyone in Between

When it comes to saving money, this year may look a little different from years past. The savings rate is lower than its peak of about 34% in April 2020, but Americans are still saving more than they did before the pandemic. This is according to the U.S. Bureau of Economic Analysis, which defines savings … Continued

Should You Become Your Own Boss?

Maybe you’re cringing at the thought of going back to an office. The seed of a business idea floats around in your head between work videoconference calls, after the kids are asleep or while you tend your pandemic garden. Or perhaps you were laid off during the pandemic and forced to work for yourself, and … Continued

Financial Vital Signs to Monitor Right Now

A midyear financial review is often a good idea. This year, it’s almost essential. With people going back to offices, travel resuming and Congress making significant changes to various laws affecting your finances, consider taking some time to check in on your money. You might be able to make some smart moves to reflect the … Continued

6 Steps for Financial Spring Cleaning, Pandemic-Style

Given the challenges of pandemic life, many financial tasks may have stayed on the back burner this year as we all tried to just make it through each day. At the same time, the pandemic had a big impact on our financial lives, and some money-related to-do’s are likely in order. Now that it’s spring, … Continued