A pay raise can give you more wiggle room in your budget. But if you’re already making ends meet on your current salary, put any extra you get from a raise into your retirement account rather than your bank account.
“Try not to expand your lifestyle if your salary grows,” said John Sweeney, chairman emeritus at Money Management Institute. “Put all that away instead of deciding to buy a nicer car or a bigger home.” Then, you won’t have to sacrifice your standard of living in retirement.
Everyone wants to turn their house into their dream home, or at least make small…
Walmart has a few tricks up its sleeve when it comes to getting consumers to…
Developing good habits helps us focus on things that need our attention most. But as…
When I spotted a garage sale sign yesterday, I had to circle the block after…
Social Security was never intended to fund a comfortable retirement all by itself, but it…
Still hanging on to that Econ 101 textbook from 1989? Whole chapters of it are…