Sound Saving and Investing: Taking the Road to Riches Step-by-Step

The problem with saving money is that it's like hiking toward the mountains. The target seems so distant that it feels like you'll never get there. However, people who start putting one foot in front of the other can get there infinitely sooner than people who are frozen in their tracks.

Like a lot of young couples, my wife and I started out in a studio apartment with no car, no savings, and student loan payments looming every month. It doesn't seem possible that a quarter century later, we've met our financial goals. It helped that we started saving money right away — pretty much as soon as I started earning more than minimum wage.

Looking back, I would break the journey down into the following steps: Continue reading...

More about...Planning, Investing

How to find the right CD or money market account

This is a guest post from Richard Barrington, a Chartered Financial Analyst and 20-year veteran of the financial industry. Barrington blogs regularly at

Conservative savings vehicles such as certificates of deposit (CDs) and money market accounts look especially appealing these days, despite low interest rates. But how do you pick the right savings vehicle for your needs? There are many options, and a little information will help you make the best choice for your situation.

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More about...Investing