The New Year’s confetti has long been swept away, and February 2015 is nearly over. The million-dollar question: how are you doing on your money management goals so far?
Don’t worry if you’ve slipped — 92% of resolution-makers drop the ball. But if you’re among the 30% of people who truly want to spend less and save money in the New Year, putting some budgeting tools in play can make all the difference.
Kasasa® accountholders have access to Kasasa360 to set budgeting goals and track their spending. If you’re not on the K-train yet (or want another perspective) use these five free money management methods to improve your saving savvy.
In our Kasasa Community Spotlight feature, we visit the hometowns of local banks and credit unions in the Kasasa® family.
The first of edition of Kasasa Community Spotlight finds us in the Deep South, where Members Exchange Credit Union treats us to some of their favorite local spots in Jackson, Mississippi. Next time you’re in Mississippi’s capitol, try these seven activities to make your trip more rewarding.
1. Get Your Mississippi Gulf Coast Seafood Fix At Saltine.
Everyone knows the Super Bowl is better if you watch it while surrounded by friends (bonus points if there’s a friendly rivalry involved). Heading to a sports bar can get expensive fast though and if you want to stick with your budget, you’d do better having people over for a Super Bowl party.
Of course if you go too far in stocking your house with tons of beer and all the types of Super Bowl party food you think people might want, you can easily spend more than you would have at a bar. People aren’t too picky when it comes to Super Bowl food – they want something to munch on, something to drink, and beyond that they just want to watch the game.
A little creativity and a few cheap party food ideas can help you keep your guests satisfied, without costing you more than you want to spend.
We all know we want to retire, but figuring out the right retirement plan to get there can seem pretty complicated. If you have questions about how a 401k works or how to make sure your retirement plan is solid enough, hopefully our 401k FAQs can help.
How does a 401k work?
A 401k plan is a benefit commonly offered by employers to ensure employees have money to retire with. A set percentage is automatically taken out of each paycheck and invested in a 401k account made up of investments (usually stocks, bonds, mutual funds) that the employee can pick themselves.
Depending on the particulars of the plan offered by employers, the money invested may be tax-free and matching contributions may be made by the employer. If either of those benefits are included in your 401k plan, financial experts recommend contributing the maximum amount each year, or as close to it as you can manage.
Right around this time last year, I told a friend I was planning to make a black-eyed peas dish for New Year’s Eve and was surprised to learn that he had never heard of that particular New Year’s tradition. That was the first time I realized that the tradition I grew up with was particular to the southern United States. New Year’s traditions are common in most cultures, but what those traditions look like changes depending on where you are in the world. We’ve all imbued this special day with an assumed power over the future – what happens on New Years doesn’t stay on New Year’s, it determines the next twelve months. At least according to superstition. That’s why New Year good luck traditions abound, some of them familiar, others downright bizarre.
New Year’s Food Traditions