Savings

Most financial experts advise that you should have 3-6 months worth of living expenses saved for emergencies. This emergency fund is meant to help you avoid financial distress — i.e., liquidating your investments in an untimely manner or going into debt in order to meet emergency needs.
Since preservation of principal and liquidity are the two [...]

When was the last time you check the interest rate on your savings or checking account? If you haven’t look in a while, chance are you’re getting sub par interest rate. If you have a sizable amount of money in your savings, you may want to consider moving it to a different back to get [...]

If you’re not sure how much to save and invest for your retirement, the general rule of thumb is to save 10% of your income. Note that this assumes you have at least 30 years to save and invest the money. In other words, if you start saving late and only have a few years [...]