APY vs APR: How Savings Account Interest Is Calculated
What is APY, how is it different from APR, and how is savings interest calculated? Formulas, compounding examples, taxes, inflation and how to compare accounts.
Budgeting & Saving
Guides to building a budget, saving money and getting spending under control.
5 articles
How to Set Financial Goals: A SMART Guide to Saving for What Matters
Learn how to set financial goals that stick: short-, medium- and long-term goals, the SMART method, how to prioritize, how much to save each month, and where to keep it.
The 50/30/20 Budget Rule: A Simple Way to Split Your Paycheck
What is the 50/30/20 rule and how do you use it? A step-by-step guide to splitting your after-tax income into needs, wants and savings — with examples and variations.
Emergency Fund Guide: How Much to Save and Where to Keep It
How big should your emergency fund be, and where should you keep it? A step-by-step guide to building an emergency fund, plus common mistakes to avoid.
How to Save Money: 15 Practical Tips That Actually Work
Struggling to save? Here are 15 proven, practical ways to save more money every month — from automating your savings and the 30-day rule to the 52-week challenge.