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Member Blog

Information to help you along your journey to a brighter financial future.

401(k) Investors: Avoid These 20 Mistakes

401k

A company retirement plan–whether a 401(k), 403(b), or 457 plan–is the starter savings vehicle for many investors, so it’s probably not surprising that the plans usually have more guardrails than other investment vehicles. Company retirement plan menus typically feature plain-vanilla stock and bond funds to keep plan participants from gorging on exotic investment choices, and…

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Member Spotlight: Debt Success Stories

Recently, we asked our members to share their HelloWallet success stories, both big and small. We’re excited to share their success with you and hope that they will inspire you to use HelloWallet on your path to financial wellness.  Student loans, credit cards, car loans, and mortgages – debt comes in all shapes and sizes…. Read more

Stop Thinking About Managing Your Money

The other day, I heard something that got me thinking.  It went something like this:  “We talk about behavior change as a difficult lengthy process that involves goals, work, and rewards.… Well, we change our behavior all the time”. For example:  almost every day, we get up off our butts, walk out the door, and… Read more

A Guide to Your College-Savings Options

College

Finding the right vehicle to save for college can be daunting. There are many choices, and it can be difficult to discern the differences between each type of account. Below, we’ve outlined a few salient features of a few of the most common college-savings vehicles, including the tax treatment for each, how much you can… Read more

Can I Throw This Financial Paperwork Out?

Morningstar

One of the most common sources of confusion regarding financial matters doesn’t relate to investments, or how to get rid of debt, or how to invest for college. Rather, it’s a lot more mundane: Which financial documents do I need to hang on to–and for how long–and which can I safely toss or shred? And… Read more