Pad your savings by adopting the right habits.

If you often wish for money in your bank account, you may need to reassess your financial decisions and spending patterns. After all, often the reasons that we don’t have enough money set aside come down to the purchasing choices we make and lacking a set personal budget. So if you want to boost your savings account […]

In your 50s? How to get serious about planning for retirement

Experts recommend checking how your savings is divvied up among stocks, bonds and cash to ensure the allocation properly reflects your risk tolerance. Once you reach the half-century mark, you can put an extra $6,000 in your 401(k) account as a catch-up contribution. This is also a good time to try eliminating credit card debt […]

Three financial aid mistakes that could make college more costly

Early birds can take a crack at the Free Application for Federal Student Aid starting on Oct. 1. Common mistakes may prevent students from getting the financial aid they’ll need to help manage the cost of higher education. Nearly 19 million applicants filled out a FAFSA during the 2017-2018 season, according to the U.S. Department […]

Colleges are slashing their tuition. Don’t expect to feel relief

Recognizing their price tags have turned many students away, more and more schools are resetting tuition rates. Yet families don’t usually feel much relief from these resets because when tuition goes down, financial aid does, too. When Jonathan Gibralter became president of Wells College in 2015, enrollment at the school was at a nadir. To understand why, […]

You can trick yourself into saving more. Here’s how

Automating your savings might not be enough to get you to your goals to accumulate more cash. Recent research from Columbia Business School finds that peer support can make a big difference when it comes to staying motivated to meet your financial goals. Another strategy, setting up regular reminders through texts, can help keep your […]