If you are trying to find different or extra ways to save money, there's an old option that's making a comeback right now.
PennyWise host Teri Barr is talking with Chanelle Bessette, a Personal Finance Expert with NerdWallet, to learn how a savings circle or money pool may work for you. They also share the top four rules to follow to get this idea underway.
Previous Pennywise episodes featuring Chanelle:
What the Increase in the Federal Interest Rate Means for You and Your Money
- Four of five Americans are choosing to reallocate their savings
More from Chanelle at NerdWallet: