Answering Money Questions
Educating and empowering you to own your finances by answering money questions!
Category: Saving
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What’s the Best Way to Save For Retirement?
There are two aspects to saving for retirement – DOING IT, and DOING IT CONSISTENTLY. The rest is gravy. TL;DR: Your target savings rate for retirement is 15% of your pretax salary (including your employer’s match, if you have one). Keep your life simple by utilizing your employer’s retirement plan (contribute as much as required…
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How do I start managing my money?
Managing your money essentially means that you know what you have, you know what you spend, and you know where you’re trying to go, financially speaking. You’ll want to get started on your two most basic financial components: making a balance sheet (also your net worth statement, this shows all you own, minus all you…
Jennifer Fox
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