Kate Ashford
Coverage of Kate Ashford in the Nexus archive.
- Trump Accounts officially launch July 4; here's what parents need to know
Trump Accounts, also known as 530A accounts, launch on July 4, allowing parents to contribute to children's savings. Eligible children receive a $1,000 government deposit, with contributions capped at $5,000 annually per child. Withdrawals are restricted until the child turns 18, and the program is part of the One Big Beautiful Bill.
- Small savings goals can help build momentum, study finds
A NerdWallet study found that 75% of people with savings goals save regularly, emphasizing that small, automated savings efforts like $10 weekly or $100 monthly can build momentum. Kate Ashford, NerdWallet's Lead Wealth Writer, highlighted that tracking savings through apps or periodic checks helps maintain progress, and even small amounts can accumulate over time.
- Small savings goals can help build momentum, study finds
A NerdWallet study found that 75% of people with savings goals save regularly, emphasizing that small, manageable goals like $10 weekly or $100 monthly can build momentum. The study highlights automation, rounding up purchases via apps, and tracking savings periodically as effective strategies to maintain progress and confidence in budgeting.
- Small savings goals can help build momentum, study finds
A NerdWallet study found that 75% of people with savings goals save regularly, emphasizing that small goals like $10 weekly or $100 monthly can build momentum. The study highlights automation, apps for rounding up purchases, and periodic tracking as effective strategies to simplify and sustain savings.