short term goal

While traditional brick and mortar banks can be very convenient, they can rarely compete with the high interest rates offered by online high yield savings accounts. Personally, I think these online high interest accounts are the best place to stash your emergency fund and save up money for your short-term goals, such as, saving money [...]

We’ve all heard the stories of lotto winners who win millions, think they’re set for life, and then go broke within a decade. Or people who inherit large sums of money and end up in financial ruin, family feuds, or both. The word “windfall” can mean different things to different people — if you’re young [...]

Saving more money is a goal most of us share, but many Americans find that they have very little saved at the end of the month. The recent recession saw Americans saving more than we have in years, up to nearly 7% at one point. In recent months though, that number has been falling back [...]

Investment advisers and the investment industry has continuously stressed the importance of diversification and asset allocation, however investors have often ignored this, as they were too busy chasing high returns. Since the market meltdown over a year ago investors have learned a hard lesson that asset allocation is vital to an investment portfolio. In this [...]

With the recent stock market crash, many people are understandably wary about investing. Concerns about the volatility of the stock market, and the prospect of losses during downturn, have convinced many that stock investing is not for them. However, “safer” investments like cash and bonds may not provide the needed returns for your portfolio to [...]

I never thought I would find myself in this seat. What seat, you ask? The seat where I am sitting across the table from a recent graduate giving them advice on “What now?” I have written a list of 10 things to do when you graduate but that mainly goes over short-term things that you [...]

I recently came across the How to Drive Free and Retire Rich slideshow on Dave Ramsey site via a fellow blogger Pat. The slideshow basically said the normal way thinking about car ownership is all wrong and there is a better way to go about this. Dave Ramsey proposes that you save your money first, [...]

In this article, I’ll break down the three components of saving, investing, and borrowing to accomplish your financial goals. Out of all the steps in Moolanomy’s Financial Success Plan, this step is without a doubt the most complex step. As such, I’ll keep this article at a high level, then later dive deeper into various [...]

No Debt Plan is about getting and staying out of debt with a plan. Kevin, the author, is passionate about budgeting, saving for the future, and using goals to reach financial freedom. You can subscribe to his blog by RSS or email.

This interview is part of a new feature he’s developed called Subscriber Swap Saturday. [...]

One of the quickest ways to improve your finances is to reduce your expenses and find more ways to save money. This article is a compilation of various money saving articles that have been published over the years. A few tips are also highlighted from each article. Make sure you follow these links to see [...]