9 Powerful Personal Finance Strategies

Start saving early for your retirement

You are closer to your retirement every year. This is an undeniable fact, but nearly eight in 10 Americans are worried that they have not saved enough funds for retirement. If you believe you might be one of them, start saving now. Open a retirement account right away, and begin channeling a reasonable percentage of your monthly income toward it every month.

If your household budget allows you for it, consider maxing out on a Roth IRA. Future is always uncertain, and you need to protect yourself against uncertainties such as a long-term illness or another future financial event that could disrupt your retirement plans.