The New Savings Rule of Thumb

I Should Be Saving How Much?!

How much of your income should you be saving? A common rule of thumb answer used to be that 10 percent of income should go into savings. But 10 percent doesn’t really cut it anymore. Certified Financial Planner John D. Buerger explains what the new rule of thumb is and how to hit that target.

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Fed Holds Key Rate, Sees Strength in Economy

Our smarty-pants friends at the Federal Reserve announced today that they will once again hold its Fed funds rate at the 0 percent to 0.25 percent range. Here’s the official press release from the Fed regarding its decision today and a translation (for the rest of us) from Quicken Loans Chief Economist Bob Walters.

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12 Ways to Spring-Clean Your Finances

The first day of spring has come and gone, officially marking the time of year to clean house – and not just your literal home. It’s also the perfect season to tidy up your finances. Just like you might have a “to do” list for your house spring cleaning tasks, here are 12 simple to dos to help you clean your financial house.

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