Our mission: to be a steward of economic and social sustainability in the communities we serve.
Memorial Day not only signals the unofficial start of summer, but it's also the first of the major holiday shopping weekends to occur during the warm-weather months. (Independence Day and Labor Day are the other biggies.) Shoppers who plan to take advantage of Memorial Day sales will want to make sure they've signed up for deal alerts from their favorite retailers so they don't miss out on coveted items, recommends smart shopping expert Trae Bodge of TrueTrae.com.
It may be time to reassess your debt-payoff plan. Consumers with debt are often juggling multiple types and accounts. At the end of September, the average household with credit card debt carried a balance of $15,654, according to a NerdWallet.com analysis. Those with auto loans owed an average $27,669; student loans, $46,597; and mortgages, $173,995.
Planning for your retirement involves balancing what you're willing to set aside now, with what you'll pay in taxes while in retirement later. For those reasons, and some others, splitting your retirement savings between a traditional 401(k) and a Roth 401(k) — or IRA — is sound planning.
Did you know that 47% of Americans cannot cover an emergency expense costing $400 or more? SAC Foundation understands this dire need and has an online, self-help financial education tool called KOFE to help provide basic money management fundamentals. Check out this FREE resource by clicking the link below!
Powered by Firespring.org