Penny Pinchin' Mom

MARCH 11, 2024

“The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates a sense of order, trains forethought, and so broadens the mind.” Munger so aptly puts it, learning how to save money fast is an education in and of itself. This is technically free money that gives your 401(K) a real boost.

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Savings Corner

DECEMBER 25, 2023

In a 401(k) plan, the money you contribute each paycheck will grow tax-free until you begin withdrawals upon reaching retirement age. A Roth 401(k) allows you to withdraw your money tax-free – after years of gains – but you have to pay tax on contributions. Look to your employer for guidance.

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Savings Corner

APRIL 4, 2024

For new customers who are also claims-free, Allstate offers a discount and a Claim-Free Bonus, which gives a 5 percent rebate on the renewal premium every year there is no claim. Claim-free discount Caret Down If you switch to Allstate without having a recent home insurance claim, you could save up to 20 percent off your premium.

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