Is the coming year marking a time for a new you? What about a new bank balance? If you’ve got a spare chunk of cash, you should be looking to the new year as a new horizon for your money. You should be thinking about making an investment in 2017. If you’re looking to get […]
Creating a Budget for Retirement It only makes sense – yet many retirees live without one. The importance of budgeting. You won’t be able to withdraw an unlimited amount of money in retirement, so a retirement budget is a necessity. Some retirees forego one, only to regret it later. Run the numbers before you retire. […]
Guarding Against Identity Theft Take steps so criminals won’t take vital information from you. America is enduring a data breach epidemic. As 2013 ended, the federal Bureau of Justice Statistics released its 2012 Victims of Identity Theft report. Its statistics were sobering. About one in 14 Americans aged 16 or older had been defrauded or […]
Why Do We Save So Little? What’s good for the economy isn’t necessarily good for our future. Our parents & grandparents saved much more than we do. Most people who have read up on the economy for any length of time have heard of the personal saving rate (PSAVERT), which the Commerce Department calculates […]
Most people squander their tax returns on stuff they don’t need. According to the National Retail Federation, more than 60 percent of Americans spend their refunds on a vacation, a major purchase, everyday expenses or “other.” Let this year be different. Use your tax return in a way that launches you forward and delivers benefits […]
Now that we have a brand new year, and with it, comes a renewed effort to get our finances back into fighting shape. Whatever your motivation is, whether it’s to raise your credit score so you can buy a new car or house, or if you just want to stop living paycheck to paycheck, there […]
Getting Married? After 27 years of independently maintaining her own finances, CPA Amber Gilstrap took the plunge. Well, yes, she got married, but she also combined finances with her new husband. Marriage is often the catalyst that prompts two people to mix their money, but even those who live together may reach a point where […]
Each decade of our lives is a milestone; and each milestone brings new perspective, a different focus, and varying needs. We trade our tricycles for bicycles; our bicycles for sports cars; our sports cars for minivans; our minivans for SUVs; and our SUVs for sensible four-door full-size sedans.
Just as our modes of transportation change through the years, so do our financial needs and focus.
What would you do with an extra $1,000 or $2,000? The Tax Relief Act of 2010 will give many of us the equivalent of a 2% raise in 2011. Employee payroll taxes have been cut from 6.2% to 4.2% this year.1 So if you pay into Social Security, you are looking at a rise in […]
Not the Monday I Expected It is 6am and I awake from a deep sleep. I jump out of bed! Another Monday morning has just begun. I quickly make my way down the stairs and am startled by a horrific smell. If I ignore it, it surely will go away, right? I make my way […]