While preparing for the 2014 tax-filing season, one of my clients received a notice from the IRS. It showed a balance of more than $1,200 due on her 2012 tax return, which made no sense because my client is meticulous about following instructions. Despite the fact that the IRS had reduced my client’s balance to [...]
A lot of nasty financial warnings went out during the Great Recession, including one that baby boomers wished they didn’t have to hear: Your credit score still matters. Boomers are plowing through the retirement gates at the rate of 10,000 a day, but the gate opened at about the same time that the bottom fell [...]
How much do you really know about life insurance? There are many myths surrounding it, and some of these myths may prevent people from buying a policy. As you shop for life insurance this year or consider whether you really need it, keep in mind the following six myths that many consumers believe: 1. Single [...]
For many people, adopting the “senior citizen” label is tough. But if you love saving money, you’ll find that it’s great to be in your 50s and 60s (and beyond!). In fact, there are so many discounts available to Americans as they enter their mid-50s and 60s that entire websites are dedicated to helping sift [...]
When I was in elementary school, there was a boy in my class whose mother seemed to give birth to a new child practically every year. By the time we were in sixth grade, there were eight children in the family. I didn’t realize it then, but looking back I imagine their expenses must have [...]
When looking for the best ways to save and invest money, a financial planner is a valuable asset. A good financial planner can guide you whether you’re purchasing real estate, planning for retirement, paying for college or pursuing any other financial ventures. It’s critical that you select a reputable financial planner who has the skills [...]
When two people fall in love, they tend to be blind to life’s realities. The last thing they want to do is bring up issues that might generate conflict, and let’s face it, the topic of taxes is definitely turbulent. Ask the tough tax questions before you get married After decades of working with people [...]
The holiday season is upon us, and ‘tis the season to review your homeowners insurance policy. You’ve probably received some nice gifts from family and friends, and it’s important to be sure that your new and valuable items—such as jewelry, furs, antiques, fine arts, and other special collections—are properly insured. While your homeowners insurance may [...]
Now that the holiday rush is over, it’s time to assess what you hope to accomplish this year. You may have already decided to work out more, eat healthier, or pay off debt—but is choosing the right insurance policy on your 2014 resolution list? If it isn’t, it should be. Buying the right insurance policy [...]
Six ways to save on getting healthy in the new year. Make the most of your motivation to get healthy in the new year and save money while doing it. It’s that special time of year again: All the folks who made New Year’s resolutions are busily lacing up their running shoes to get fit, [...]
