News - Page 10

Reasons it may be a good time to refinance your mortgage.

Mortgage rates are finally going down. If you bought a home when rates were above six percent, now might be a good time to refinance your mortgage. Here are some things to consider.

The effects of inflation are felt each time you fill your car with gas, go out to eat, and pay your insurance premiums. With wage rates relatively flat, the only thing to do is cut back on other areas of your budget. One way to create some room in your budget is to reduce your grocery bill. There are several ways you can save on the food you bring home. Let’s take a look at some of our favorites.

Medicare is a great way to ensure you have health care when you’re older. That’s why it’s important to know as much about it as possible. Here are three key things to know about Medicare. 

Here’s the low-down on when you can expect your credit score to change.

Do one thing: Review your credit reports every few months. This is one way to ensure there are no errors in the reports that could drag your score down. You can check your report with SavvyMoney through online or mobile banking or at annualcreditreport.com. 

Do one thing: If you think you’re a victim of fraud and haven’t already put your credit on ice, contact the three main credit reporting agencies and freeze your credit. You won’t regret it.

Employment scams are on the rise.

According to a recent report, hunting for a job just got a lot harder. That’s because the study, from the Identity Theft Resource Center, found that job scams are rising at historic rates. 

Steps to help you reach your financial goals.

Reaching your financial goals can be difficult, but not impossible. The key is to get out of your way. Here are some strategies that can make reaching your goals easier.

How paying yourself before bills can help your financial situation.

Paying yourself first is a smart strategy that can help you maintain your financial health. This method sets you up for success by automatically boosting your savings. Here’s what you should know about paying yourself first.

Tips for maximizing eligibility for student loans and scholarships.

Do One Thing: If you have a child attending college in the 2024-25 academic year, no matter how high your income, fill out a Free Application for Student Aid (FAFSA). Apply again this year even if you didn’t receive aid last year.

How to boost 401(k) contributions on autopilot

A 401(k) plan is only as good as the money you contribute to it. That’s why, if your employer offers an auto-escalation plan, you should consider taking full advantage. Here’s what you should know about this savings-boosting tool.