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How Growing Your Savings Can Help You Live Richer gobankingrates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gobankingrates.com Daily Mail and Mail on Sunday newspapers.
Still, it s important to focus on the goal not necessarily the numbers, he said. You just need enough time that if you lose your job or you re unable to earn income, then that cash can help you pay your monthly expenses until you re able to find another job, Jenkin said. To be sure, as millions of Americans are still grappling with record unemployment with 29% having been unemployed for more than a year starting an emergency fund now may be out of reach. These tips can help you find extra funds, whether you re able to stash the money in savings or need to make your assets stretch farther now. ....
We were facing a retirement crisis before Covid-19, Sen. Patty Murray, D-Wash., said. But, as with so many other things, this pandemic has just poured gasoline on the fire. If we are going to rebuild our country stronger and fairer, we have to address the reality that for far too long, the ways we help families plan for the future have been stuck in the past, she said. There are complex reasons why Americans have had so much trouble putting money away for the future. Many workers do not have access to retirement plans through their employers. Even those who do may find it tough to set aside money they could put to other more immediate needs. ....