According to a AAA survey, 64 million American drivers — one in three — can’t pay for unexpected car repair costs. Maintenance costs on most modern cars are relatively low, but common repair costs average about $500. Try setting aside at least $50 a month to cover routine maintenance, deal with unexpected car trouble and …
Smart Retirement Planning for Women
Retirement planning for women is becoming a bigger topic each year. In the past 60-odd years, the number of women in the workforce has grown to unprecedented levels: from 32 percent in 1948 to 57 percent in 2016, according to the Department of Labor. And nearly half of those women are the primary breadwinners in …
3 Reasons to Use a Reloadable Prepaid Card
Everyone deserves financial protection and convenience from the payment cards they carry. One of the most popular payment methods among today’s consumers is reloadable prepaid. Prepaid’s popularity continues to grow because consumers have experienced the benefits of security, convenience, and satisfaction of adding this spending tool as a complement to their other payment methods. These …
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6 Ways You Can Save Big on Back-to-School Shopping
Late August and early September mean county fairs, cooler nights and back-to-school shopping. Whether you’re buying crayons for your kindergartener or are sending your student to college, it can pay to shop smart this season and save on back-to-school essentials. Try our tips for smart spending as you prepare for the coming school year. Don’t …
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How to Start Saving More for Retirement
Everyone knows it’s important to plan for retirement, but taking the first step can seem daunting. Fortunately, knowing a few ground rules can help you start off on the right foot – and ensure you’re more prepared for the future. Financial literacy Learning about investing, retirement topics and the markets is step one. Appreciating and …
Smart Savings Tips for Young People
As a young person, you have an opportunity to make some major financial strides. You truly have time on your side when it comes to investing, saving and harnessing the power of compounding. Now’s the time to pay yourself first and do things that could make you wealthy in the future. These savings tips will …
College Savings Strategies from AAA
There’s no doubt about it: College savings is a tricky suject. The average per-year total of tuition, fees, and room and board for public colleges and universities is about $20,000. That number jumps to roughly $40,000 for private schools. When you plan ahead you can make the most of the time value of money in your …
Financial Planning Resources for Members
To enhance AAA Ohio Auto Club’s member benefits, services and expectations, the club has partnered with The Strategic Wealth Management Group. SWM is a financial planning and investment advisory practice with locations in Mansfield, Columbus and across the country. The associates at Strategic Wealth Management will provide AAA members with unbiased, non-proprietary wealth management and financial …
Decoding Financial Terms
Reading the fine print of a credit card or student loan application can be daunting; just what do all those acronyms mean? Fortunately, we’ve broken down a list of some of the most common financial terms you’ll encounter in your day-to-day life. APR: The annual interest rate paid on an investment. APR doesn’t factor in …
Foreign Currency Tips from AAA
Heading across the pond (or around the world)? Local currency is important for tips, transportation, meals and other casual purchases. Luckily, you can avoid the exchange lines, high fees and poor exchange rates typically offered in airports, hotels and restaurants by purchasing foreign currency before you leave the US. Plan to bring the equivalent of …