Personal Finance

This is how much Americans saved on average in 2022

This is how much Americans saved on average in 2022

Image source: Getty Images The number might surprise you. Key points Inflation made it difficult for many people to make ends meet last year. Despite that, many consumers managed to grow their savings. If your savings could use a boost, consider keeping an eye on your discretionary spending and perhaps getting an extra side hustle …

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I did my taxes for the first time last year: here's what I learned

I did my taxes for the first time last year: here’s what I learned

Insider experts pick the best products and services to help you make smart decisions with your money (here’s how). In some cases, we receive a commission from our partners, however our opinions are our own. Terms apply to offers listed on this page. I was able to file my taxes for free paperless using software …

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This is the income you need to live like the cast of Friends today

This is the income you need to live like the cast of Friends today

Image source: Getty Images Spoiler alert: it takes more than a waitress’ salary to pay for a decent place to live. Key points Friends it remains an extremely popular TV show among younger viewers and Generation X alike. the characters in Friends he enjoyed a very comfortable lifestyle despite a modest and inconsistent income. These …

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And when it comes to investment advice for newbies, mutual funds are frequently the most popular choice because they not only have a history of producing higher returns than other instruments, but they also enable inexperienced investors to select from a variety of funds with the added benefit of portfolio diversification. (istockphoto)

Mutual Fund for Beginners: Which Funds Are Right to Start Your First SIP?

Beginning investors are taking their first steps into personal finance, and these investors are often trying to produce high returns with low risk. Before you make a decision, make sure you know how much risk you accept. Financial goals, budget, risk tolerance capacity and time horizon have a significant influence on how to start investing …

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Liz Weston: Widow Nearing Retirement Age Should Request Survivor Benefits Comparison

Dear Liz: I was widowed at 44, when my children were 10 and 12 years old. I received Social Security benefits for myself and them for a while. Then I went back to work. I started receiving Social Security at age 65, although I continued to work until I was 70. I hear a lot …

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4 Lending Rules Rich People Follow But Others Often Don't

4 Lending Rules Rich People Follow But Others Often Don’t

Image Source: Getty Images Could you benefit from following these rules as well? Key points Rich people borrow money just like low-income people do, but they do so in different ways using debt as a tool to build wealth. They also borrow for different reasons, including earning credit card rewards that end up paying more …

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