Making a budget can be a time consuming and frustrating process; yet as we approach retirement, budgeting, and keeping to that budget is more important than ever. The 2013 Survey of Consumer Finances found that among all working households, the average savings for retirement was only about $2,500. The numbers do get a little better when looking only at households of those over 55, with the amount of savings averaging around $14,500. But that is still far less than the 80% of the income generated while in the workforce that specialists recommend retirees have set aside. The question for many people is what they can do to increase retirement savings and financially prepare for the future? Here are some tips to get you on track.
Bad credit can do more harm to you than just preventing you from getting a loan or good interest rate. It can also make it more difficult for you to buy insurance, apply for a new credit card, rent an apartment, or even secure a job. With a poor credit score, you will have limited … Read more