Personal finance

Here’s Exactly How to Maximize Social Security’s ,194 Monthly Maximum |  Smart Change: Personal Finances

Here’s Exactly How to Maximize Social Security’s $4,194 Monthly Maximum | Smart Change: Personal Finances

(Kailey Hagen) A monthly Social Security check of $4,194 could help fund a fairly comfortable retirement, especially if you also have personal savings. But few people manage to get out of it. If you’re up for the challenge, here are the three steps you need to take to lock in the maximum Social Security benefit. …

Here’s Exactly How to Maximize Social Security’s $4,194 Monthly Maximum | Smart Change: Personal Finances Read More »

Want to take advantage of rising interest rates? Open a new savings account

I opened a savings account the other day with a new player called Saven Financial that pays 2%. It took me about two minutes to open the account and a few more minutes to download and activate Saven’s mobile app. That’s all the effort needed to take advantage of the bright side of rising interest …

Want to take advantage of rising interest rates? Open a new savings account Read More »

Buying Cheap Stocks Isn’t the Same as Investing in Value – It’s Worth Knowing the Difference | Personal finance

(Stefon Walters) There are many different types of investors: some focus on growth stocks, while others prefer dividend-paying stocks, and some seek value. Value investors look for stocks that are trading at a price below their intrinsic (or true) value. By finding companies whose stock price doesn’t reflect their business or financials (like revenue and …

Buying Cheap Stocks Isn’t the Same as Investing in Value – It’s Worth Knowing the Difference | Personal finance Read More »

Energy bills: Britons urged to turn on the heating now to save money this winter | Personal finance | Finance

As the cost of living crisis continues and energy bills soar, many people will be looking for ways to save some extra cash. Experts are urging Britons to turn on their heating now in a bid to save money. Ofgem has warned that households are facing a “very tough winter” as energy bills could reach …

Energy bills: Britons urged to turn on the heating now to save money this winter | Personal finance | Finance Read More »

3 Reasons to Avoid Dividend-Paying Stocks | Smart Change: Personal Finances

(Maurie Backman) It’s easy to see why dividend stocks might appeal to investors. After all, who wouldn’t want the chance to sit back, do nothing and enjoy a steady stream of payments? But while dividend-paying stocks can be a good way to passive income, they’re not automatically a great investment. Here’s why it pays to …

3 Reasons to Avoid Dividend-Paying Stocks | Smart Change: Personal Finances Read More »

Use this Dave Ramsey tip to control your vacation spending

Image source: Getty Images Dave Ramsey warns against taking on new debt to take a vacation. Key points Dave Ramsey doesn’t like debt. He suggests paying cash to control your vacation spending. Find out how to follow his advice and avoid spending too much on vacation without carrying cash. Dave Ramsey is a financial guru …

Use this Dave Ramsey tip to control your vacation spending Read More »