Inspiration to save for the future
| |  | | June 16, 2025 | | | | | | | | Motivational Math for the Saver Within You | Let's face it, saving for the future can be hard. It's often tough to prioritize it over more immediate needs. Or it can't be a priority, given your job status, family situation, or extenuating circumstance.
Perhaps it seems futile, considering how much you'll need in the end. Or, you want to start that 401(k), but you're daunted by the prospect of losing money in an unpredictable stock market. Maybe you are saving, but it's taking immense self-control not to spend the money instead.
No matter the circumstance, it can be challenging to build up the savings you're going to need for retirement, your kids' college education, or an unexpected emergency. So here's some math to motivate you.
| | | | | | | | | | 5 Things to Do If You Don't Have a Steady Paycheck | | | By Helen Reis
Navigating life with an income that fluctuates is tricky — even if it ebbs and flows with some predictability during certain times of year or when the tourists come to town.
You teach and have to cobble together odd jobs during the summer. Or you work in a field with peak seasons, like landscaping in the spring or retail during the holidays.
Maybe you're a freelancer dependent on your clients' fortunes or a realtor who works on commission. Perhaps you've lost a job — or two or three — since the pandemic upended so much of what we took for granted.
No matter the reason for it, it's quite common to lack a steady paycheck. In 2024, 29% of U.S. adults had income that varied at least occasionally from month to month, including 59% of the self-employed and 41% of those doing gig work, according to the Federal Reserve's latest Survey of Household Economics and Decisionmaking.
An irregular income requires extra discipline and planning. But there are ways to make it work. Here are five things to do to maximize the ups and downs.
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| | | WEEK AHEAD ON WALL STREET | | | | What the Fed | | | By Mario Ismailanji
All eyes are on the Federal Reserve's June meeting this week. While no change in interest rates is expected, the tone and tenor of this gathering will still go a long way in determining market direction this summer.
Economic growth has been weaker than expected (bad) while inflation, a key focus for the central bank, has shown a welcome deceleration (good).
This combination suggests that the disinflationary trend may be gaining traction, despite the specter of tariff-related price hikes. It remains to be seen how and when tariffs will appear in the data, which creates a delicate balance for policymakers.
Given the crosscurrents of slowing growth and uncertainty about inflation, the Fed's updated forecasts and Chair Jerome Powell's commentary will be scrutinized for any shift in outlook.
How they message their confidence—or concerns—about the path forward will go a long way in determining if stocks can continue rallying or if the music is about to stop.
| | | | | | | |  | | Here's how to turn a day off into a 24-hour vacation. (The Washington Post via Yahoo) | | | | | | | | | | | Intel, insights, and inspo for your money. | | On the Money cuts through the noise of day‑to‑day financial news to bring you a more thoughtful point of view on what's important in this moment — and how it impacts your bottom line. We value your trust above all. | | | | | | | | | | Did you find today's newsletter valuable? | | | | |
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