Buck Bully
Budget News
[Business Insider, Getty Images] When the Federal Reserve dropped the federal funds rate target to zero in March 2020, the average interest rate fell to a record low. As interest rates fell, I jumped at the opportunity to save on my mortgage. Instead of opting for the lowest-possible payment on a […]
[Business Insider, Getty Images] A checking account should be a stop for your money on its way to somewhere else, not a final destination. Putting money aside for a major purchase, like a house or car, in a high-yield savings account means you earn interest on your large balance, helping it […]
[MarketWatch, Getty Images] To conserve cash, some employers are suspending contributions to their workers’ 401(k) accounts. And if this downturn plays out like previous recessions, more will follow. The handful of employers announcing suspensions in recent weeks include travel companies and retailers hit first and hardest by shrinking consumer demand, […]
[Bankrate] Getting out of debt isn’t easy, and that’s especially true when you don’t have a money tree growing in your backyard. Sometimes it takes all you have to keep up with monthly bills and save for a rainy day, let alone pay the minimum monthly payments on your credit […]
[The Penny Hoarder, Getty Images] If you’re paying more than $1,200 a month in rent by yourself, that means two things: It stinks to pay that much rent, and You’ve clearly got some income. Not everyone can afford that kind of rent. So you’re making money and living in a […]