Take charge with your financial situation through your personal self-control and awareness. What does it mean to be financially responsible? It’s a complex question with a complex answer, but at its core is a simple truth: To be financially…
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Financial Planning
Read to find out how the behavior gap could affect your financial health. “It turns out my job was not to find great investments but to help create great investors,” writes Carl Richards, author of “The Behavior Gap.” From…
Start the conversation about money with the important topic of debt, what it is, and how to avoid it. We teach our children a lot of important life skills, like how to ride a bike, the rules of the…
Protect your children and grandchildren from the scams of today’s online world. With the combination of being tech savvy and confident on the internet, young people today are vulnerable to scam artists, especially in an increasing dangerous online world.…
Instead of facing the stress of unexpected financial situations, let’s plan ahead for them. For everyone, life happens no matter the age, year, or season. The different stages of life, such as starting a career or facing retirement, demand…
What does this mean for your overall retirement strategy? Your workplace retirement account can play a critical role in your overall retirement strategy. However, some have gone further with the accounts than others, especially recently. CNBC reported on findings…
POAs and other advanced directives are becoming more important. The point of the POA. A power of attorney (POA) is a legal instrument that delegates an individual’s legal authority to another person. If an individual is incapacitated, the POA…
The federal government has upgraded its Child Tax Credit. First, the Internal Revenue Service is paying many families who qualify for the CTC 50% of their credit before 2021 ends. Second, the credit has grown larger for most…
A choice for I.R.A. owners who want to reduce taxes linked to I.R.A. distributions. Do you have an I.R.A.? As you enter your 70s, you may start to look at that I.R.A. not only as an asset, but also…
American spending habits have taken a clear direction. Among the many changes arising from the pandemic, one of the most noticeable was a change in American spending habits. A survey released in March 2021 by Pew Research shows that…