SaveBetter pools high-interest savings accounts and CDs from financial institutions nationwide, giving customers access to high-yield accounts they otherwise wouldnât know about. But is SaveBetter the best way to secure the best savings rates? I answer that question and more in this SaveBetter review.
The post SaveBetter Review: The Best Place to Go for High-Interest Savings? appeared first on Good Financial Cents®.
Itâs no secret that 2022 was a difficult year in the market for stocks, but dividend stocks actually delivered solid returns for investors. And thatâs good news for retirees who rely on dividend stocks as a source of income. With ⦠Continue reading â
The post This Investment Beat Out Stocks By 25 Percentage Point Last Year: Should You Add It to Your 2023 Portfolio? appeared first on SmartAsset Blog.
How to Pay for a Home Renovation – Buy Side from WSJ The Wall Street Journal
Dinnerly promises ready-to-prep meals delivered to your doorstep for $5 a plate. Is this the cheapest meal kit delivery service around?
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
Are you tired of the 9 to 5 grind? You’re not alone. Millions of people are looking for creative ways to make money that don’t involve punching a clock daily. But it can be hard to know where to start. That’s where we come in. We’ve compiled a list of the best ways to make … Read more
In November 2018, the National Bureau of Economic Research published a paper called “Saving Regret” [here’s the full PDF version]. Once you wade through the study’s academic language, there’s some interesting stuff here about why people do and don’t save for retirement.
Saving regret, the authors say, is “the wish in hindsight to have saved more earlier in life”.
Obviously, you can suffer from saving regret at any age. When I met 31-year-old Debbie for dinner last week, her issues boiled down to saving regret. She wishes she’d saved more when she was younger. But for the purposes of this paper, the authors turned their attention to folks aged 60 to 79, people of traditional retirement age.
The researchers found that two-thirds of those surveyed said they should have saved more when they were working: “66.6 percent said they would save more if they could re-do their earlier life.”
As you might expect, the authors found that high-wealth and high-income people experience less saving regret. (I’m pleased that the researchers recognize that there’s a difference between income and wealth.)
But what causes saving regret in the first place? Why don’t people save more? Let’s take a look at what the study found.
In their survey of 1590 people, the authors asked about education, personality, and what they term “positive and negative shocks”. (The latter is basically trying to to determine how unexpected events affect saving.)
After compiling the results, they reached these conclusions:
“Saving regret is high at the time of or shortly before retirement but is much lower at older ages,” the authors write. They believe there are two reasons for this.
In this article, weâre going to take a closer look at just what makes buying a foreclosed property risky, and if thereâs anything you can do to reduce or eliminate those risks.
The post Buying A Foreclosed Property: 5 Risks To Watch Out For first appeared on Total Mortgage.
You’re probably wondering if I made $80 a year, how much do I truly make? What will that add up to over…
Read More… $80 an Hour is How Much a Year as Annual Income
A brand-new MacBook for work, a pair of new Pumas for the running trail, or a replacement Android smartphone â sometimes big purchases can be a brutal financial hit. That was until Sezzle came along to give a bit of sizzle to shopping. A buy now, pay later service, Sezzle helps make large purchases more […]
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
Many Bank of America customers will now face a $12 a month fee if they donât maintain a $1,500 balance or have a direct deposit of $250.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.