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The 3 smartest ways to cut costs and grow your savings during a pandemic, according to a personal finance guru

5 days ago   |   By Business Insider

Courtesy of Ramit Sethi
Ramit Sethi is an entrepreneur, and the founder and CEO of personal finance website I Will Teach You To Be Rich .
During the pandemic, he recommends people find new ways to cut down on their highest expenses, which are typically rent, eating out, and discretionary spending on material items.
Sethi also strongly advises people to ramp up their savings and work towards building a one year emergency savings account - the key to this, he says, it automating your savings each month.
Visit Business Insider's homepage for more stories .
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I'm a financial planner, and I find people always forget to save money for the same 3 things

I'm a financial planner, and I find people always forget to save money for the same 3 things

5 days ago   |   By Business Insider

Jamie Kingham / Getty Images
Eric Roberge is a financial planner who primarily works with professionals in their 30s.
He finds people tend to forget to save for expenses that occur in the next 10 to 15 years and for all the things you have to buy after buying a new home.
Even his most proficient clients forget to save for regular expenses with irregular due dates, like subscriptions or home maintenance services.
See Business Insider's picks for the best high-yield savings accounts »
Ever get that feeling you're forgetting something? Something big and important... and potentially expensive...
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Bristol Country sees $256 million loss in travel and tourism sector

Bristol Country sees $256 million loss in travel and tourism sector

The beaches, location, and history of Bristol Country are just a few of the reasons it rakes in hundreds of millions of dollars from tourism each year, but the travel-dependent... Read more ...

Video shows a protester in Denver getting hit by a car during a mass...

Video shows a protester in Denver getting hit by a car during a mass demonstration over George Floyd's death

Courtesy of bellers03/Twitter At least one protester in downtown Denver on Thursday was run over by a vehicle. Video of the scene showed an SUV swerving before hitting the... Read more ...

Twitter responds to Trump executive order on social media calling it a...

Twitter responds to Trump executive order on social media calling it a 'reactionary and politicized approach to a landmark law'

Y Jaap Arriens/NurPhoto via Getty Images Twitter responded to President Donald Trump signing of an executive order that targets social media companies. Twitter was singled out... Read more ...

'Any difficulty and we will assume control but, when the looting starts, the...

'Any difficulty and we will assume control but, when the looting starts, the shooting starts': Trump threatens to send in National Guard in response to protests over George Floyd's death

Associated Press US President Donald Trump said Friday that he may send in the National Guard in response to protests in Minnesota. "hen the looting starts, the shooting... Read more ...

How to recover your TikTok account within 30 days of deleting it

How to recover your TikTok account within 30 days of deleting it

AP Photo/Jessica Hill It's possible to recover your TikTok account within 30 days of deleting your account. After 30 days, deleted TikTok accounts are permanently closed and... Read more ...

LIVE UPDATES: Protests escalate over the death of George Floyd in...

LIVE UPDATES: Protests escalate over the death of George Floyd in Minneapolis, Denver, New York

Ordan Strowder/Anadolu Agency via Getty Images George Floyd, a black man, died on Monday after an officer knelt on Floyd's neck for several minutes, as Floyd said he couldn't... Read more ...

'How many people can watch HBO Go at once?': Here's the number of devices...

'How many people can watch HBO Go at once?': Here's the number of devices you can connect to one account, and how it compares to HBO's competition

Maskot/Getty Images HBO Go allows two devices to stream shows and movies at once. You can have up to three registered devices attached to a single HBO Go account. You can check... Read more ...

Trump has officially declared war on Twitter and Facebook. Here's the latest...

Trump has officially declared war on Twitter and Facebook. Here's the latest on the executive order targeting social media and the reaction at internet companies

REUTERS/Jonathan Ernst Donald Trump signed an executive order on Thursday that calls for "transparency and accountability from online platforms." The order represents a... Read more ...

How to remove a device from your Netflix account in 5 simple steps

How to remove a device from your Netflix account in 5 simple steps

Shutterstock You can remove a device from Netflix by deleting it from the list of connected devices in your account settings. You may need to remove a device from Netflix if... Read more ...

What you need to know about Section 230, the controversial part of an...

What you need to know about Section 230, the controversial part of an internet law Trump targeted in a new executive order

White House President Trump signed an executive order on Thursday in an attempt to rein in social-media companies, following Twitter's decision to flag two of his tweets with a... Read more ...