Tag: savings accounts

3 Inflation-Savvy Moves to Make Now

October 26, 2022
Brightbudgetinginflationinsurance coveragepersonal financesavings accountstax brackets
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Inflation is proving to be a stubborn, unwanted houseguest. No one particularly likes paying more for food, fuel and other living costs. But so far, the Federal Reserve’s attempts since March to evict inflation with higher interest rates haven’t worked. Because we may be stuck with this unpleasant roommate for a while, we should consider…

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Half of Americans Didn’t Save During Pandemic, Leaving No ‘Savings Cushion’ Amid Recession Fears

June 20, 2022
Business & Marketseconomyinflationpandemicpersonal financerecessionsavings accountsUS
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Roughly half of Americans did not build up savings during the COVID-19 pandemic, according to a new survey by YouGov, as fears mount that a recession could be looming on the horizon. YouGov’s survey covered 20,000 adults across 18 major economies including Sweden, Spain, Australia, China, and India, and challenges the idea that households within the…

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Get on Top of Planned Expenses With Sinking Funds

April 8, 2022
BrightbudgetingFuture Planningpersonal financepredictable costsavings accountssinking funds
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In a given year, you likely have expenses that you know are coming—holiday gifts, the family vacation you take every summer, annual homeowners association fees or maybe membership renewals. But just because these costs are predictable doesn’t mean you’re always prepared. If you are pulling from your emergency fund or using a credit card to…

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