written by J.D. Roth — published 05 January 2018 (updated 03 December 2018) +1Tweet1Share1SharePin2 SharesNew here? You may want updates via email or RSS feed. Thanks for visiting! Saving money is essential to building your net worth. Savings accounts and money market accounts are meant to hold your liquid assets or funds that you expect to use within a year. You may think, “If you've seen one high-yield savings account, you've seen them all” but, actually, higher interest rates and certain features can make one account a better choice than another. Online high yield saving account and money market account rates As online banking has evolved, consumers can find a high yield and still hope to get the mobile and digital banking convenience they need. They're free to compare interest rates and account features in search of the best online high-yield savings account for their liquid assets. Savings accounts When you want to set up an emergency fund or other savings … [Read more...] about Which online high yield savings account is best? Updated 2018
How saving money is important
Often, when we talk about the government's obligations in terms of the Preferential Procurement Policy Framework Act, we encounter questions around pricing, and last week was no exception. A local municipality procurement official, a delegate at our event, asked how one could justify spending more on a tender to procure a locally produced item versus a lower-priced imported equivalent when they have services to deliver to their residents. This was completely understandable, but here was my answer: In the context of public sector procurement for designated sectors and items, local procurement is legislated and compulsory. The best-priced bid will still win the tender if, after the first round of evaluation weeds out non-compliant bidders offering imported goods, the procuring entity is left comparing apples with apples. It can then make a predominantly price-based decision. Treasury regulations with regard to local procurement clearly stipulate that the government cannot make … [Read more...] about OPINION: Spending money to save money
Over on Twitter, some people are roasting MarketWatch for an article originally published in January that says you should have double your salary saved by the time you’re 35. I understand why people are poking fun at it. As MarketWatch notes in its rudely-titled follow-up, “the response highlighted just how anxious people feel about their financial responsibilities and the obstacles that outweigh saving for retirement.” Putting such a large number on something is sure to scare people, particularly when you consider one in three Americans have less than $5,000 in retirement savings while one in five have none at all, according to Northwestern Mutual’s 2018 Planning & Progress Study. “It’s certainly possible but in my experience not typically done,” says Roger Whitney, a Texas-based Certified Financial Planner, about saving double your salary. In fact, even diligent savers would be hard-pressed to meet that threshold. Here’s an … [Read more...] about How Much Money You Need to Save by the Time You’re 35
Stock image Investment firm Fidelity Investments told Marketwatch that you should have a year’s salary saved up by the age of 30. Related Links Here's why a Utahn retired all to work again 5 retirement tax traps that could needlessly cost you thousands of dollars Dave Ramsey: Your retirement, your money SALT LAKE CITY — Experts told MarketWatch you should have a certain amount of money saved up before you hit your 30th birthday. Investment firm Fidelity Investments told MarketWatch that Americans should have a year’s salary saved up by age 30. By 35, you should have twice your salary saved, the firm said. Currently, the median retirement savings for a 30-year-old worker stood around $45,000. MarketWatch acknowledged the expert advice doesn’t align with reality. “The problem? Not everyone is saving — or can save — that much toward retirement,” according to the MarketWatch article. “Either they’re … [Read more...] about Here’s how much money you should have saved by the time you’re 30
May 9, 2018 by ieyenews Leave a Comment 0 0 Bathroom renovations and remodeling are not cheap by any means; this is why it is important that you’ve set a budget during the planning stage of the project. While most fixtures can be expensive—especially those which are of the highest quality, it is important to shop wisely, be resourceful, and creative. Here are some tips on how you can make sure you won’t go over budget for your bathroom remodeling project: SOURCE: http://luxurycommercialbath.com/blog/how-to-save-money-on-your-bathroom-remodel-infographic/ … [Read more...] about How to save money on your bathroom remodel?