If you’re just starting out, here are some options for getting ahead financially if you take advantage of them now. Many of the changes that someone still in college or just beginning a career can make are small, but when you are young, little decisions have a way of multiplying. Savings you start now can accumulate to quite a bit in a decade or two, while the seemingly modest debts you run up now can quickly become a huge burden in an economic downturn.
Tag: Savings
In October 2008, President Bush signed into law that FDIC insurance coverage on bank accounts would be temporarily increased from $100,000 to $250,000 per depositor and per beneficiary of a Revocable Trust. The temporary increase was just to last until December 2010.