4 Ways to Stop Your Overspending
If opening your credit card bills, your checkbook, or your wallet are traumatic events, you may have a problem with overspending. It’s nothing to be ashamed of, and you’re certainly not alone, but there’s a good chance that it is keeping…
What You Can Do to Finally Get Out of Credit Card Debt
Thanks to the significant challenges presented by the ongoing COVID-19 pandemic, more Americans than ever are struggling financially. With a lot of people out of work due to the staggering number of business closers, many are turning to credit…
Personal Finance Tips for Recent College Graduates
Congratulations! You've worked hard on your degree and are ready to move forward with your first job and other major life decisions. While your degree and this first job don't necessarily set your life in stone, now is a crucial time to start…
Would a Mid-Year Tax Checkup Benefit You?
If
you are inclined to procrastinate until the end of the year or, even worse, until
tax-filing season to worry about your taxes, you may be missing out on
opportunities to reduce your tax and avoid certain penalties. The following are
some…
Worried You Don't Have Enough Saved for Retirement? You're Not Alone
According to one
recent study, the average retirement age in the United States was 62
years old as of 2017. Currently, the minimum age necessary to collect
Social Security is 62, while 66 is largely considered to be "full
retirement…
It’s Not Too Late to Make a 2018 Retirement-Plan Contribution
Have
you been ignoring your future retirement needs? This tends to happen when people
are young; because retirement is far in the future, they believe that they have
plenty of time to save for it. Some people even ignore the issue until late…
Expecting Your Taxable Income to Be Low This Year? You Can Take Advantage of It
If your taxable income is exceptionally low this year, or even if you expect not to be required to file a tax return this year, a number of tax opportunities may be available to you. But time is running short, since these opportunities will…
Is a Reverse Mortgage Right for You?
Many retirees have insufficient financial resources to keep up with inflation and the ever-increasing costs of medical care. What options do these seniors have, especially if they have a mortgage on their home and their retirement income is…
Tips for Recently Married Taxpayers
Now that the honeymoon is over, there is a number of tax and financial issues newlyweds need to consider and take action on. Some are simply administrative while others can have significant impact on the couple’s tax returns. If you’ve recently…