Being Smart with Your Money | How to Save Money.
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save for retirement

How to Save for Retirement

Pay Yourself First | 401K | IRA | Roth IRA

save for retirementThe trick to saving consistently is to pay yourself first. The best way to do that is by having money deducted from each paycheck and put into a 401K account or an IRA account.

Employer Contributions

401K accounts are set up by employers and allow employees to save money out of their pay check and invest the money as the 401 allows. In many cases the employer will match the employees savings which is like getting free money. Employers may match anywhere from 0-6% of an employee contribution and that contribution is tax free. All money put into a 401K account is tax free until it is taken out during retirement.

Self Employed


If you are self employed or your employer does not offer a 401K plan, you may set up an IRA account at your local bank or stock broker. An IRA works the same way as a 401K but is an individual plan rather than a company sponsored plan.

Investing Wisely

Companies like TD Ameritrade can help you set up an IRA account as either a standard IRA or a Roth IRA. With the Roth IRA you pay taxes on the money you save, but you can take it out tax free when you retire.

Aug 19, 2020
9 ways to help you stay safe when you go back to the workplace
By Kerri Fivecoat-Campbell
Millions of American workers are facing this challenge now that workplaces are opening back up. Rebecca Rogers Tijerino, president of Spherion Recruiting and Staffing, says that while it is the employer’s primary responsibility to keep employees safe, employees must also assess their situations and take action, too.

"Part of it is the employee thinking through the role you have as an employee, assessing your environment and how you can create a safe place for yourself," she says. More info...

Aug 19, 2020
How Your Phone Is Used to Track You, and What You Can Do About It
By Jennifer Valentino-DeVries
Smartphone location data, often used by marketers, has been useful for studying the spread of the coronavirus. But the information raises troubling privacy questions.
As researchers and journalists try to understand how the coronavirus pandemic is affecting people’s behavior, they have repeatedly relied on location information from smartphones. The data allows for an expansive look at the movements of millions of people, but it raises troublesome questions about privacy. More info...

Aug 19, 2020

Aug 17, 2020
Shop for a Car Loan Online
Get the Best Deal
Car dealers make more money by overcharging you on car loans than they do selling cars. Before you go to the dealer, find your next car loan online. You will be able to compare deals by getting four offers from hundreds of desperate lenders who want your business. Car loans have an average life of about three years so car loan lenders have to continuously replace paid off car loans with new loans. Thus they will make you the best offer they can for your car loan.
Even with less then perfect credit, you can find the best deal online. You need the saving more than the car dealer needs the profit.

More info...

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