Looking to make a 2021 financial resolution? Here are some ideas
2020 was a difficult year financially for many of us. Here are some easy money resolutions for 2021 to better balance your budget. Author: Niccole Caan (KENS 5) Published: 10:47 PM CST December 28, 2020 Updated: 3:30 PM CST January 5, 2021
A Magnify Money survey found 51% of Americans will make a money resolution for 2021. The top three include reducing debt, raising credit scores and increasing savings.
Pamela Capalad and Dyalekt Kushner both teach financial literacy for Pockets Change.
“We’re, like, very married,” Capalad said.
They may share a life, but they do not necessarily share the same philosophy about money. Yet there is one financial goal they agree on when it comes to paying debt or saving.
Why Gen X is far more financially fragile than boomers Published: Dec. 28, 2020 at 5:04 a.m. ET By istock
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You might not think there’d be much difference between the way members of Generation X (who are 40 to 55) and boomers (56 to 74) feel about money, since they’re age-adjacent. But truth is, survey after survey is showing that Gen Xers are far more financially fragile and stressed about money right now.
The Bank of America 2020 Workplace Benefits Report, which surveyed 996 full-time and part-time employees participating in 401(k) plans, found that just 23% of GenXers feel a sense of progress saving for retirement; only 22% feel progress about growing their savings to pay for unexpected expenses and a mere 14% feel progress paying for current and future health care expenses.
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29-year-old Gigi Kovach is a part-time influencer balancing a full-time job and two children in Sarasota, Florida.
Her Instagram has become a paying side gig through her work with brands and other businesses on sponsored content.
This extra income has been especially helpful for her and her family in 2020, she told Business Insider.
Kovach shared her strategy for pitching brands, including her rates for sponsored content and an exact email template she uses to reach out to brands.
29-year-old Gigi Kovach is a mother of two and a part-time influencer based in Sarasota, Florida.