The Daily Money 11-18-20
Good morning, Daily Money readers! Josh Rivera here bringing you the top Money headlines.
During a research program called Save More Tomorrow participants made an advance commitment to putting part of any future salary increases into their retirement savings account. That move led to a 10.1 percentage point increase in the amount being saved for retirement. Read here about the program and how you can increase your 401(k) savings by 10%, as well.
And speaking of personal finance goals, there's still time to improve your credit before the year ends. One of the suggestions is to request a credit card limit increase. Read the others here.
Finally, as COVID-19 rages, Millennials make up a growing share of the "sandwich generation," meaning they are caring for their kids and parents at the same time. USA TODAY reporter Paul Davidson took a closer look.
— Josh Rivera, Money & Tech NOW editor