Clark Howard’s, Living Large in Lean Times. It was the 5th Wednesday, and we were ready to discuss this month’s book we had been reading for over the past month! You joined MOe for our book discussion chat where we discussed the good, the bad, and the points of this book that are still applicable…
To Save or Pay Off Debt? We discussed a topic that is important to many of us: whether to prioritize saving or paying off debt when we have both. It’s a common question among those who have debt and are able to save money at the same time. Should you put all your extra cash…
Welcome to Penny Forward, the podcast that helps you save money and stay financially savvy. In this episode, our hosts Chris, Liz, and MOe are joined by special guest Al to discuss why you may want to switch to a discount cellphone provider to help you save money on your monthly phone bill. We also answered…
Creating a Personal Balance Sheet This week we discussed an important topic that affects all of us, creating your personal balance sheet and calculating your net worth. By doing this, we can gain a better understanding of our current financial situation and make more informed decisions about our finances. During our discussion we explored what…
ABLE Accounts, Where to Find Out More… During last week’s Members-only Group Chat, the topic of Able accounts was casually mentioned. In expanding upon this topic further, this week, we took an in-depth look at how to research different Able account options and the process to sign up for an account. We also left time…
ABLE accounts are tax-advantaged savings accounts for people with disabilities. The money saved in ABLE accounts can be spent on qualified disability expenses. Most importantly, having an ABLE account won’t affect the account holder’s eligibility for federal programs such as Medicaid and Supplemental Security Income. ABLE accounts can be used in a variety of ways.…
When do you know you’ve saved enough? Whether you’re planning for retirement or saving for your first home, it’s easy to focus on what you want or need rather than what you have. This week, while much of the United States is taking time off for the Thanksgiving holiday, we took a step back and…
Saving Traditions Do you wonder how you can save anything when you’re simply struggling to make it until the next paycheck? For centuries, societies with no access to banking have maintained traditions of saving together. This week we talked about these traditions and how they are used today to help people at all income levels…
Tonight we talked about how to find extra money to save and invest. Investing can be a powerful tool for growing our savings, and having enough saved can give us peace of mind when something suddenly comes up. What do you do, though, if you don’t have any money left over to save? We’ll discuss…
This week we talked about how investing in dividend stocks can help us earn more from our investments. Investing in growing companies can be a great way to grow your savings more quickly, but is buying low and selling high the only way to earn money from our investments? Dividends are distributions of a company’s…