Category: High Yield Savings

What can I do to replenish my savings after I’ve had to dip into it?

Saving feels great. Lots of my clients are surprised to find that, while they thought that the process of saving money was going to be a lot of drudgery and deprivation, once they start to see their balances climb,

What to Do With Childhood Savings Bonds

Savings bonds—once the “responsible” go-to gift for baby showers, birthdays, and graduations—have fallen out of fashion. Still, as a millennial or Gen Xer, it’s entirely possible to stumble across a long-forgotten pile of paper savings bonds and wonder what

5 Travel Hacks to Save Money on Your Next Trip

Although summer is coming to a close, the next big travel season is kicking back up again thanks to the holidays. It might feel too early to think about holiday travel, but let’s be honest, those Halloween decorations

What to Know About Paused Payments For SAVE Plan Borrowers

Federal student loan borrowers have been experiencing whiplash as legal challenges to the SAVE plan move throughout the courts. In late June, district court judges in Missouri and Kansas paused parts of the SAVE plan, but an appeals court

5 Creative Savings Tips When Attending a Summer Wedding

Does it feel like your calendar in the next few months is inundated with wedding festivities? Don’t worry — you’re not alone: about 30% of couples tie the knot during the summer.

What You Should Know About Challenges to the SAVE Plan

Do you ever feel like you just can’t catch a break? That’s the sentiment among many student loan borrowers ever since the Supreme Court struck down President Biden’s initial student loan forgiveness plan last year. Just last week, borrowers

Where Should I Keep My Money?

Putting your money to work for you is a common financial goal. We get it—you work hard for your money so it’s only fair that your money works hard for you too! But optimizing your finances doesn’t always mean

5 Tips for Confidently Giving to Causes You Care About

Whenever people are suffering, it’s natural to want to help. Donating money is one of the most popular and effective ways to provide assistance, especially for a cause that’s not geographically close to home. But the opportunity to help

What Should I Do If I Can’t Afford My Student Loan Payments?

This month, millions of borrowers are making their first federal student loan payment in three and a half years. During this time, you may have moved, bought a house, purchased a car, had kids, adopted a pet, paid off

How to (Successfully) Start Your Own Business

Starting your own business can be an effective way to build long-term wealth—or it can really set you back financially. Increase your chances of success by following these five tips: understand your why, build a strong foundation, develop a

Everything You Need to Know to Start Travel Hacking

Travel hacking can help you afford more travel with less money. Learn all about how to get started by choosing a travel hacking strategy that works best with your travel goals and financial situation.

The FinGym Budgeting Method (And Why It Works)

At TFG, we’re focused on giving you a great financial foundation and helping you accomplish your life goals. For this reason, we follow a goals-based budgeting method. Goals-based budgeting focuses on determining how much you need to save each

How Do You Get Financially Fit?

If your savings are minimal and your credit card balances are higher than you’d like, you are not alone: 42% of Americans have less than $1,000 in savings and 46% of people with credit cards are carrying a balance

How to Save Money While Growing Your Own Food

With inflation still higher than expected, many people are looking for ways to cut their costs. One of the places we feel inflation the most is at the grocery store. With inflation, you generally have to suck it up

What to Know About Paying Taxes on Debt Settlement

When making minimum debt payments becomes overwhelming, some people turn to debt settlement as a way to handle it. Working with a debt settlement company can come with many drawbacks including high fees, a major hit to your credit

3 Changes to Medical Debt that Could Affect Your Credit Score

The three major credit bureaus — Equifax, Experian, and TransUnion — recently announced major changes to how they will report medical debt. These changes could have a wide-reaching impact and eliminate about 70% of the medical debt that appears

How to Get Through the Post-Covid Wedding Surge Without Going Broke

I’ve done a lot of research on the subject and concluded that everyone has that year: the year of all the weddings. Like all of them. At the same damn time. For me, that meant six destination weddings for

What Is a Sinking Fund? And How to Set it Up

Imagine that you are on track with your budget for the month and feeling amazing about it — as you should be! But then you go for your $200 quarterly hair appointment or your $500 annual credit card fee

Giving My Son His First Money Memory

My 5-year-old son saved up enough money for a Nintendo Switch this year. Weirdly enough, my first money memory is also of saving up enough money to buy a Nintendo system (a purple Gameboy at the time) with my

Top Salary Negotiation Strategies to Reduce the Gender Pay Gap

As part of Women’s History Month, we want to provide women with a resource to negotiate higher salaries. Negotiating pay isn’t always the most natural skill, and it can be especially difficult for women.

These strategies can be used

6 Things to Have Ready For Tax Time

Tax time! That tedious time of year that inspires the champion procrastinator in so many of us, for so many reasons. For some of us, we dread the bill. (That cash looked so much better sitting in our savings