Budgeting & Goals
10 Signs You’re Living Beyond Your Means
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10 Signs You're Living Beyond Your Means

Living beyond your means is an easy trap to fall into. And if you’re not keeping close track of everything that’s coming in and going out of your financial account, you may not even realize you’re doing it. But if you often run out of money before the month is over — and you don’t […]

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Do I Need a Long Term Savings Account?
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Do I Need a Long Term Savings Account?

A long-term savings account, as the name implies, is one opened to deposit and hold money for a longer period of time. They can be contrasted to checking accounts used to pay monthly bills or regular savings accounts that might earn interest, but maybe not much. A long-term savings plan might be set up for […]

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A Look at Marginal Propensity to Save (MPS)
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Marginal Propensity to Save: Definition & Formula

The marginal propensity to save (MPS) refers to the amount of disposable income a consumer is able to save. It’s used to reflect the proportion someone is willing to save for each additional dollar of their income. To understand why MPS is important when quantifying fluctuations in savings and income, we’ll go over how to […]

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Solar Panel Financing in 4 Ways
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solar panel

Installing solar panels in your home can be one way to do your part for the planet, but the cost to purchase and have them installed might be a deterrent. Even if you know you’ll save money over the long term, it may be hard to find the funds for solar panels in the interim. […]

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Exploring IVF Financing Options
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topdown two laptops

Couples who are finding it hard to get pregnant can often feel isolated while they’re going through this difficult experience. But struggling with fertility is actually quite common. Between 10$ and 15% of couples trying to have children in the US experience infertility problems, according to the Mayo Clinic. More than 12% of American women […]

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Building a Line Item Budget
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woman with laptop paying bills

Many people worry that creating a budget will be too complicated, too restrictive, and put the kibosh on fun. But a budget is really nothing more than a plan for your money. A well-thought-out budget can help you take control of your finances and use your money with intention, so you have enough to cover […]

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What is a Stipend?
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What is a Stipend?

A stipend is a fixed amount of money given to offset expenses or provide financial support while you’re engaged in a service or contributing to a project. A stipend may be paid in one lump sum, or it might be paid in a series of smaller amounts. As you’re looking through employment opportunities, you may […]

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33 Ideas for Saving Money While Dorm Shopping
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33 Ideas for Saving Money While Dorm Shopping

Every year, millions of students go to college in the United States. Whether they are entering college for the first time or returning for their sophomore, junior, or senior years, they’re looking for ways to save on dorm shopping. After all, since they’re not working or they’re only working part-time, and they have to take […]

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What Tax Bracket Am I In?
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man and woman couple bills laptop kitchen mobile

There are seven federal tax brackets for 2021, ranging from 10% to 37%. Generally, the more you earn, the higher your tax rate, and the more money you will owe the IRS in taxes. How much you’ll pay in federal tax on your 2021 income (due in 2022) will depend on which bracket your income […]

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Paying for College: A Parent’s Guide
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blue piggy bank with graduation cap

Parents can and do find ways to pay for their child’s college, but it often involves sacrifice and planning. Two keys: Save early and consistently. Starting as soon as possible and making regular deposits into whatever vehicle you choose can help smooth out the ups and downs of the stock market. Consistently making equal payments […]

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