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Month: September 2023

A fall financial cleanse could get your spending back on track

A fall financial cleanse could get your spending back on track

If summer is a season of spontaneity and indulgence, then fall offers a counterpoint: It’s a chance to get back on schedule, and back on budget.

“Summer, with travel and no school, tends to be a really spendy time. The fall is a nice reset,” says Ashley Feinstein Gerstley, a certified financial planner and author of “The 30-Day Money Cleanse.”

Gerstley says giving yourself a “money cleanse” offers a chance to carefully go over your spending and financial habits so you can make any necessary changes to end the year strong. With inflation and economic uncertainty in the background, that’s no easy task, but putting in the extra effort now can pay off.

Here’s a step-by-step guide to a fall financial cleanse that could help get your budget on track for the rest of the year:

Start with a look back

Nate Hoskin, a CFP and financial assistant at Brightside, a provider of financial wellness to employees, says the first step to a fall financial cleanse is to look backward, starting with your New Year’s goals. He suggests checking on progress toward resolutions set in January so you can make any needed adjustments. read more

Ask a travel nerd: Why you shouldn’t bundle your travel

Ask a travel nerd: Why you shouldn’t bundle your travel

By Sally French | NerdWallet

Bundling is a practice popularized by third-party, online travel agencies, like Expedia, Priceline and Kayak, that encourages booking flights, hotels and rental cars in the same reservation. The option to bundle is also often offered through travel providers (such as when a popup surfaces on an airline’s website asking you to book a rental car, too).

Travel is complicated enough, and bundling does not do anything to simplify it. In fact, it only makes it more complicated. Here’s why you should almost never bundle travel.

Options are limited

Bundling reduces your options to travel partners only. For example, Costco Travel does not currently offer flights with Southwest or Spirit Airlines — removing a large list of potential flights you might otherwise book.

Similarly, Southwest Airlines encourages you to book a car with one of its eight car rental partners. And while there are a lot to choose from, some notable car rental companies like Enterprise (which is among the cheapest car rental companies) and car rental alternatives like Turo are absent. read more