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

Prairie Eco-Thrifter

‘The time to start saving for retirement is yesterday’ quipped the financial advisor. The second-best time to start is today! The longer you save for retirement, the more money you will have to retire on, even if the amounts saved are quite small in the beginning. How many years will you be retired?

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Meet a Reader | Mid-Atlantic Julia

The Frugal Girl

I have a degree in nursing and worked in pediatrics for 8 years, then left the profession right before I had my third child. 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. That is a never-ending list!

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25 Ways to Find Money for Your Emergency Fund

Family Balance Sheet

Our emergency fund has saved us countless times and it will save us once again with the truck. And while I don’t like parting with our money, I am grateful that this repair won’t send us into financial distress. Remember this account is specifically for your emergency fund.

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Retirement Calculator: Free Estimate of How Much You Need

Savings Corner

Our free calculator estimates your retirement nest egg based on your current retirement savings contributions and then calculates how it will stretch over your retirement in today’s dollars, taking inflation into account. Monthly contribution: This is the amount you save for retirement each month.

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Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

Earning a sub-poverty-level income for decades as a Catholic priest, he focused on his investments in his free time, and was worth nearly $1 million when he died. This 102-year-old former part-time janitor and dry cleaner left $2.3 Figure out what you need to live and put the rest in a secure account. Keep saving.

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Revenge Spending and Other Married Money Tricks

Prairie Eco-Thrifter

In fact, the non-working spouse may have an inclination to yield to this as well. At the time, I was working part time for about 8 hours a weekend, earning minimum wage. I wanted to buy a nice TV so I had to save up for it. Insisting only one partner has the ‘right’ to decide how money is spent.

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How to Minimize Taxes in Retirement

Savings Corner

It’s important to remember that taxes don’t stop once you’re retired, but you can take steps throughout your working life to minimize your IRS obligations later. 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.

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