How to Manage Your Finances if You’re in the Sandwich Generation

Saving for financial goals such as retirement and buying a house is hard enough. The so-called “sandwich generation” has the added struggle of trying to manage priorities: caring for aging parents while saving for their own goals. The sandwich generation…

Mvelopes Review: Digitize the Cash Envelope Method With This App

The cash envelope budgeting method can be a very effective way to control your spending. The premise is simple. You come up with spending limits for your variable expenses, like groceries, eating out or entertainment. Next, you fill up envelopes…

Budgeting for Beginners: These 5 Steps Will Help You Get Started

Setting up a budget is challenging. Doing it forces you to face your spending habits and then work to change them. But when you decide to make a budget, it means you’re serious about your money. Maybe you even have…

How to Set Financial Goals: A Simple, Step-By-Step Guide

Saving money is all well and good in theory. It’s pretty hard to argue against having more money in the bank. But what are you saving for? If you don’t have solid financial goals, all those hoarded pennies might end…

Your Money Questions, Answered: Top 10 Dear Penny Columns of 2020

Dear Reader, Every week I seek out your tricky money questions — and boy oh boy, did you deliver in 2020. The year brought lots of questions about stimulus checks, unemployment benefits, hardship agreements and pretty much everything COVID-19-related. But…

See Your Financial Big Picture With the Personal Capital App

Keeping tabs on your entire financial situation can take quite a bit of work — especially if you have multiple bank accounts, several outstanding debts, a handful of credit cards and a couple investment accounts. Having a tool that brings…