AAA money tips for foreign travel

Heading across the pond (or around the world)? Local currency is indispensable for tips, transportation needs, small meals and other casual purchases. Avoid exchange-line hassles, high fees and unfavorable exchange rates typically offered in airports, hotels and restaurants by purchasing foreign currency before you leave the US. We suggest taking foreign currency in the equivalent …

The best time to start saving for retirement? Today.

With financial experts advising that retirees will need 80 to 100 percent of their pre-retirement income just to live comfortably, how can you start making smart investments in your future? To understand how your investment can grow, you need to have a basic understanding of compounding interest and the Rule of 72. When you understand …

Building credit: 4 tips for helping your college student make the grade

Establishing good credit is becoming increasingly important, from securing a home or auto loan to finding an apartment to getting hired at a new job. Beginning the credit-building process while still in college isn’t just a good idea; it’s become almost crucial to starting off on the right financial foot. For years, one of the …

Four Reasons to Make CDs Part of Your Investment Strategy

What’s your investment strategy? Growth? Income? Asset preservation? Any investment strategy should start with a goal–for instance, saving for retirement or funding a child’s education. Your choice of investments to reach this goal will depend upon your time horizon as well as your appetite for risk. Most people prefer to reduce risk as they get …