The Two Sides of Interest: Are You Paying It or Are You Earning It? When you hear the word “interest” in a financial context, what comes to mind? Credit card interest? Mortgage interest? Paying interest is certainly a reality for many, and knowing your interest rates is an important part of any plan to pay [...]
It’s safe to expect that you will live 10, 15, or even 20 or more years into retirement. For this reason, most of us know it’s important to save for retirement and to diversify our retirement portfolio. However, relying on Social Security payments and regular savings accounts alone is generally not going to be enough [...]
This article was written by guest blogger Eva Rosenberg. You’re working on filing taxes, and you’ve got a refund due to you. But you’re missing one or two key W-2s, and they just don’t seem to be coming. Are you feeling antsy? One of the most common—and frantic—questions asked of TaxMama at this time of [...]
You’ve probably imagined that the first day of your retirement life is going to be wonderful. No alarm clock waking you up, no deadlines, nowhere to be. You can enjoy your morning coffee at your leisure, take a sunrise stroll around the neighborhood, create a new morning routine—essentially, you can do anything you want. The [...]
Are you one of those “resolutionaries” who sets ambitious new year’s goals but has already forgotten them by the end of February? No judgment here—you still have time to accomplish your goals. Here’s an important goal that you can easily complete: This weekend, pull out your insurance policy and take care of yourself and your [...]
As you may have noticed, the country is facing budget crunches on all sides. The feds are billions of dollars in the hole, while states are cutting jobs, holding up refunds, and struggling to stay solvent. No one wants to raise taxes, but the money must come from somewhere. What’s the easiest way to generate [...]
Financial success doesn’t just happen; you have to plan for it. A spending plan can help you allocate your money resources to the financial goals that will provide you with a secure future, as well as help you enjoy your life right now. When your family creates a spending plan, you take control of your [...]
