While an investment portfolio is great way to build wealth, many investors are unaware of the variety of fees that are a part of just about every investment one can make. Mutual funds, annuities, stocks and essentially all other investment vehicles come with fees attached. Some fees show up only at the time of purchase and/or sale, but others [...]
Many of us look at our children and wish that they understood our attempts to teach them about money management, from why we’re nagging them to turn the lights off to what that wasted food means for our grocery budget. It’s all about the value of a dollar. We’d like our children to learn about what goes [...]
After paying taxes to the IRS and your state government, the last thing you want to think about is paying even more taxes. But homeowners across the country are facing increased property taxes as cities and counties are filing for bankruptcy and local governments are looking for ways to raise money. According to a recent Rockefeller Institute report, local [...]
We have all heard the warnings: There is a good chance that Social Security will not be available by the time members of Generation X are ready for retirement. I know I’m not counting on it! And if you are even younger? Forget about it. So what are younger workers supposed to live on after they [...]
This seems to be my week to work with people needing an offer in compromise (OIC). Why am I bringing up OICs when we plan to talk about estimated taxes? Because in order to cut any deal with the IRS, you must first be in compliance. You must be paying taxes for the current year with either enough money [...]
The advancement of technology is providing the opportunity for many parents to work from home. From more traditional jobs that allow telecommuting to full-fledged home businesses, an increasing number of parents are finding it possible to earn money without needing to go into an office to do so. While working from home sounds good in theory, [...]
Moving can be fun—or stressful. Yeah, usually it’s stressful. In fact, during our first few years of marriage, my husband and I moved our residence three times and my office two or three more times. My husband said that if I wanted to move again, I could count him out (or something like that…). But we [...]
In Fiddler on the Roof, Tevya fantasizes about what life would be like if he were a wealthy man. How many times have you thought, “If I had a million bucks, I’d be so happy—and I’d never have financial problems again”? Yet, you watch the news and see all these celebrities and athletes, making fortunes [...]
