Produced by TimeImage/Shutterstock.com Cash back credit cards can be a great tool for building savings and offering rewards for everyday purchases. By using them strategically, you can earn cash that helps you save more without changing your spending habits. Here are six effective strategies to maximize your earnings with cash back cards.
Lucky Photographer / Shutterstock.com Wall Street isn’t the only place to grow your money. While the stock market dominates financial discussions, there are plenty of lesser-known strategies for building wealth that don’t rely on insider knowledge. By exploring these seven secrets, you can outsmart Wall Street and take control of your financial future. 1. Maximize … Read more
Andrey_Popov / Shutterstock.com Americans are contributing more to their retirement than ever before, and they still don’t feel financially secure enough to stop working. A 2024 study by Fidelity Investments found that “the average 401(k) savings rate reached a record high of 14.2%.” However, only half of Baby Boomer respondents who are still working feel … Read more
Since I started saving for retirement in 1999, I’ve been a proponent of tax-deferred retirement vehicles like the 401(k) and a skeptic of now-taxable vehicles like the Roth IRA. Working in banking, I was already paying taxes and had no desire to pay more. Honestly, I wasn’t familiar with a Roth IRA or a jumbo … Read more
Shutterstock/Shutterstock.com Advertising Disclosure: When you buy something by clicking on the links in this article, we may earn a small commission, but it never influences the products or services we recommend. Many consumers have the best intentions when it comes to using coupons, but only a small percentage actually use them. Maybe you don’t need … Read more
The 401(k) contribution limit for employees in 2025 increased to $23,500, up from $23,000 in 2024. The employer contribution limit also increased to $46,500, bringing the employee and employer 401(k) contribution limits to $70,000 for 2025. Don’t underestimate the power of employer 401(k) contributions, especially as you advance in your career. As you gain seniority, … Read more