Saving for big dreams—a house, car or wedding—doesn’t mean surviving on ramen, but it does take thoughtful planning. Inflation is driving up costs, so being a savvy saver is crucial.
Start by watching your savings and debt: through high-yield savings accounts, which currently pay close to 5%, reducing credit card debt, with APRs higher than 23%, is a good first step toward reaching your financial goals.
Juggling multiple savings goals? Balance is key.
Save 20% for a new car or 10% for a used one, but don’t ignore other dreams—small contributions keep progress alive. It’s about momentum, not perfection. Let’s dive in.
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