Some people mistakenly believe that once you stop work, your tax obligations also cease. Nothing could be further from the truth. However, there are ways to lower taxes once you retire, so you can pay less, and enjoy more of what you may have saved for retirement. 1. Keep your money in a Roth savings […]
Learning how to increase your net worth will enable you to feel a greater level of security about your future during your retirement years. It will also allow you to buy more things or travel more and it will help you meet emergencies readily. Knowing your net worth will let you determine your financial health […]
Going to college has taken a rather drastic change in recent days, with many students having to take classes virtually. Whether in-class or virtual, college students will have considerable expenses as long as they are going to school. One way to help pay for the large bills is to get a student credit card. Many […]
Making your retirement plans very carefully is important because you will not have a chance to go back and correct any mistakes. It would be best to be sure that you have enough for longer life and increasing medical bills. Making successful retirement plans is easy if you avoid the following six common mistakes. 1. […]
One of the most important numbers you need to be aware of is your credit score when it comes to your personal finances. This number will change, and it will profoundly impact your ability to get new credit. Additions to your credit report, even those made in error, could suddenly change your credit score. Accessing […]
Getting into debt is easy enough, but finding legitimate and reasonable ways to get out of it takes some effort. Sometimes, things go wrong beyond your fault, such as medical bills, which leave you with large debts. You have been looking around for a solution to get out of debt, and you have learned about […]
Cybercrime, or “hacking,” has long been a problem. However, as more of us are banking, and otherwise handling our personal finances online from home due to the COVID-19 crisis, cyber thieves are on the prowl to take advantage of the glut of new prey. Protecting yourself from hackers is more important than ever. The FBI […]
Making ends meet in difficult times means that you need to find more ways to get money. Most people can save more money simply by tightening the belt and eliminating some extra expenditures. Here are 10 money saving tips that will help you save money. 1. Set Up an Automatic Savings Plan One of the […]
Being able to have a comfortable retirement primarily depends on how much money you have saved for it. Social security does not pay enough to make it comfortable for most people. If you do not have much money tucked away in a 401(k), IRA, or in savings, you may want to consider a reverse mortgage. […]
Mike F. Strong The federal debt is huge and growing. If you are wondering, “what does that have to do with my personal finances,” the answer is – a lot! The federal deficit was exceptionally large even before the pandemic. But, to provide COVID-19 relief, the federal government has been forced to incur massive new […]