Category Archives: Saving

Budgeting, Saving · September 3, 2026

A Simple Hack to Help You Spend Less

More than 90% of adults recently surveyed by Wells Fargo said they want to be more intentional and thoughtful about their spending. I am here for that! I also have a simple tool to help you do just that. Every…

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Saving · August 27, 2026

Who Should and Shouldn’t Open a Trump Account

Beginning last month, any U.S. citizen under the age of 18 is eligible to have a Trump Account. You know I am always in favor of starting early to save for retirement, but I don’t think every parent or grandparent…

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Budgeting, Financial Planning, Retirement, Saving · July 16, 2026

The Financial Risk When Kids Move Back Home

More than 40% of parents with kids between the ages of 18-35 report that a child has moved back home at some point. About half of those kids did it out of necessity, but for many, it was more of…

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Budgeting, Credit & Debt, Saving, Student Loans · July 2, 2026

Borrowing to Pay For Your Kid’s College Just Got Riskier

New rules that went into effect on July 1 drastically change how parents can borrow to help pay for a child’s college education. The federal loan program for parents, PLUS loans, has been drastically reduced. Parents can “only” borrow $20,000…

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IRAs/401(k)s, Retirement, Saving · June 25, 2026

“I’ll Work Longer” Is Not a Retirement Plan

I totally understand that many of you near retirement are considering working longer to shore up your retirement plan. Working longer can make great sense. You can keep your retirement savings growing longer, tap into less earlier, and perhaps even…

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Saving · June 18, 2026

The Hidden Cost of Playing It Too Safe with Your Savings

I was pleased to see in a recent Vanguard survey that more than 70% of women say they feel confident about saving money. I’d be thrilled if it was 100%, but the fact that most women feel confident is great…

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Budgeting, Car Loans, Credit & Debt, Debt, Saving · May 28, 2026

Cars Are Now a Huge Financial Risk

Cars have become a financial danger zone. The average price of a new car is around $50,000, and about half of that for a used car. And car loan rates are a lot higher than they were a few years…

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Retirement, Roth Accounts, Saving · May 21, 2026

Jumpstarting a Roth IRA is a Fantastic Legacy

Summertime is often when teens land their first meaningful jobs, and recent college grads head into the permanent workforce. That means they become eligible to save for retirement in a Roth IRA. Now you and I both know that retirement…

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Budgeting, Credit & Debt, Saving · May 14, 2026

House Rules for Helping New Graduates

If you have a newly minted college graduate in the family, I want to say: Congratulations! That is a tremendous accomplishment. For them, and for you. Yes, I know it is a tough job market for young adults right now.…

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