article thumbnail

Meet a Reader | Mid-Atlantic Julia

The Frugal Girl

Last year, to make a little extra cash, I started boarding dogs through Rover, and I am about to start a very very part time job using my RN license for a home care company. It’s not cheap but it’s a great tradition and it makes it such a special time of year. Fancy haircuts, color, etc.

Money 193
article thumbnail

Start Saving Early for Retirement: Tips for Young People Just Starting Out

Prairie Eco-Thrifter

In another survey of nearly 10,000 people, 34% stated that they were not contributing to any type of retirement account; 31% claimed they were saving just 1% to 6% of their income; only 8% were saving more than the recommended 15% for their retirement. Have it automatically deposited into a retirement savings account.

401K 261
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

The trees are your investment accounts. You have to plant it, feed it, water it and care for it to make it grow big enough to notice. You have to give it space and time (lots of time) to grow into a huge money producer. This 102-year-old former part-time janitor and dry cleaner left $2.3 Keep saving.

Virginia 160
article thumbnail

25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

Now that we’ve paid off six figures of non-mortgage debt , we are working on saving 6 months’ expenses and maybe even more. Consider setting the money aside in a savings account that isn’t immediately accessible and doesn’t have an ATM attached to it This will help to avoid any impulsive non-emergency spending.

article thumbnail

Revenge Spending and Other Married Money Tricks

Prairie Eco-Thrifter

Revenge spending seems like a fairly innocent way to make up for a real or perceived hurt, but if it goes unchecked can cause financial and relationship issues. Better to talk through the whys and wheretofors of your revenge spends to get to the bottom of the cause than to drain your bank accounts or wreck your credit with the spends.

Money 100
article thumbnail

How to Minimize Taxes in Retirement

Savings Corner

One thing that’s tricky, though, is that rates can change over time as they are adjusted for inflation or because of tax reform legislation. Be aware, though, that Roth accounts do not provide an up-front tax break in the year you make your contributions. Related retirement topics The Motley Fool has a disclosure policy.

Taxes 52
article thumbnail

Retirement Calculator: Free Estimate of How Much You Need

Savings Corner

Current retirement savings: Enter the total current balances of all your retirement savings accounts, including 401(k) plans, individual retirement accounts (IRAs) and any other accounts earmarked for retirement. Monthly contribution: This is the amount you save for retirement each month.