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Archive For: Saving

Millennials and Money

Fidelity Investments recently completed a study on the money habits of Millennials (ages 25-35 in the study) and found some facts that make it clear this group of adults is very different from their older cohorts. For example: On average, Millennials have a higher amount saved to cover an emergency ... Read More

Difference Between Saving and Investing

I read something recently that Pamela Yellen, author of The Bank on Yourself Revolution, wrote that struck a chord with me. She noted that too many people don’t understand the difference between saving and investing. Saving means putting money you can’t afford to lose in a vehicle that is safe ... Read More