How to Save Money on Clothes
How to Save Money

How to Save Money on Clothes

Is it okay to spend money on clothes? For many of us, this question represents a long-held debate in our heads, especially if we’re trying to save or when we’re establishing a living budget. The answer is more straightforward than what we’d think:  Of course, it’s okay to spend money on clothes! It’s a basic…

How to Save Money on Car Insurance
How to Save Money

How to Save Money on Car Insurance

Did you know that car insurance’s average cost in the United States ranges from $565 per year to $1,674? Yes, that’s about $133 a month. And also, Americans overpay their car insurance by over $37 billion per year. If you are in this bracket and would like to avoid overpaying your auto insurance, we’ve got…

How Does Getting an Auto Loan Work?
Loans

How Does Getting an Auto Loan Work?

Buying a new or used car often requires an auto loan. If you have never applied for an auto loan before, the process can be overwhelming. You need to consider your credit score, the amount of the loan, and many other details. Here is what you should know before applying for an auto loan to…

How Do Loans Work?
Loans

How Do Loans Work?

Close to 80% of Americans have some form of debt, from credit cards to mortgages and personal loans. However, the terms of the loans vary for everyone. The type of loan, your credit score, and many other factors influence your ability to borrow money. To avoid borrowing more than you can afford, learn more about…

How Do 401(k) Plans Work?
Retirement Planning

How Do 401(k) Plans Work?

A 401(k) is an employer-sponsored retirement plan that allows employees to dedicate a percentage of their salary to a retirement account. A 401(k) is a broader feature of an employer profit-sharing plan. Ideally, an employee elects the desired amount to contribute through an automatic payroll withholding, and their employers can match some or all of…