These days, online scammers are finding more and more creative ways to try and get at your hard earned money or personal information.
That annual vacation isn’t a right; it’s a luxury. Financial planner Diane McCurdy offers some simple ways to break the costly “vacation entitlement” habit—and start saving now for next summer’s outing.
Financial planner and author Diane McCurdy says spenders and savers don’ t have to end up in divorce court. All it takes is a touch of soul-searching, a dash of compromise . . . and a budget that allows for fun and retirement.
Where did your money go last year? Did you buy a shiny new car? The latest and greatest flat screen TV? Restaurant lunches every day of the week? Or did you tuck a healthy amount away into a savings account? If you answered the first three items in the affirmative and hung your head when you get to the last one, well, you’re not alone. Many Americans are spending more than they are bringing in. In fact, The Commerce Department has reported that in 2006, our personal savings rate fell to -1 (yes, that’s negative one) percent—the lowest level since the Great Depression more than seven decades ago.
One of the biggest questions surrounding retirement is “How much is enough”? Opinions on the “right” amount can vary and many people feel overwhelmed and anxious about whether they have enough saved for a comfortable, worry-free retirement.