January 13th, 2014
Credit Karma Tips & Resolutions 2014
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To celebrate the new year, we asked the Credit Karma team to share any resolutions they were making or tips they had to get one’s finances into shape in 2014. We got a lot of great responses and decided to share them in a week-long series on Facebook. Now we’re sharing them with you, along with our thoughts!
Isaac’s resolution is a great one—and definitely one that more people need to make. Did you know that fully one third of Americans admit to having not saved anything at all for retirement? This is shockingly sad, but relatively easy to remedy.
First off, if you think you don’t have enough money to save for retirement, try making these four tweaks, which could save you $50,000. $50k is a great start to a retirement account!
Then, begin to research retirement accounts (as Isaac wants to do), and figure out which plan(s) are best for your current situation. Our friends have SaveUp have written extensively about the topic, but one of our favorite posts breaks down which accounts may be best for you, based on your current age.
Bottom Line: Saving enough for retirement may be a daunting task, but it’s one of the most rewarding financial moves you can ever make. Start early, get into the habit of saving, and remember… any amount helps!
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