Credit Cards, Savings, and 401(k) Plans: Get Answers to Your Money Questions

Thursday, 4 September 2025, 14:45

Credit cards, savings, and 401(k) plans are foundational to personal finance. Jill Schlesinger addresses your key financial questions about credit cards, savings accounts, and retirement options. Learn how these elements work together for your financial health.

Cbsnews — Credit Cards, Savings, and 401(k) Plans: Get Answers to Your Money Questions

Overview of Credit Cards, Savings, and 401(k) Plans

Credit cards are often essential for building your credit score. Understanding how to use them wisely can enhance your financial strategy.

Exploring Savings Accounts

Savings accounts provide a safe haven for your money, allowing you to earn interest while keeping it accessible.

Maximizing Your 401(k) Contributions

The 401(k) plan is crucial for retirement savings. Contributing regularly can significantly impact your financial future.

Key Tips for Managing Finances

Utilize credit cards responsibly to improve credit scores.
Determine the best savings account that suits your needs.
Maximize 401(k) contributions for better retirement funding.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.