Finding the Right Financial Advisor
Finding a good financial adviser is a little like deciding on a marriage partner. It involves evaluating a variety of elements — experience, standards, goals and philosophy — and determining how well your particular styles mesh. Here are a few tips and questions you should ask before you say, “I do,” with a financial adviser.
The Pros and Cons of Early Retirement
Early retirement is a dream for many workers. Who doesn’t look forward to having the freedom to spend more time with family and friends, to travel the world or just enthusiastically pursue hobbies — all with a sound ? Like many dreams, however, retiring early comes with both pros and cons. Understanding the effects of early retirement can help you make the right decision for you and your family.
Ways to Better Organize Your Bills
Keeping track of bills can be stressful, but developing a system to pay them on time at least ensures that you won’t be hit with late fees and penalties. Here are some tips for a better payment experience to streamline your finances. Paying With Your…
Investing Tips for 40-Somethings
January 17, 2017 When you’re in your 40s, you are passing through a life stage that brings with it many money pressures. You’re looking toward a retirement that requires adequate funding, while your kids may be planning for college. Here are a few tips that…
Financial Tips After Landing a Promotion
A promotion is certainly a career event to be celebrated, but you’ve worked hard for your money, so treat it right. Fortunately, there are several steps to take that will help you make the most of your growing income. Adjust Your W-4 Tax Withholdings…
How Much to Save for Health Care in Retirement?
Housing, food and vacations shouldn’t be your only concerns when it comes to Failing to account for health care costs can be financially disastrous; especially when you consider that those costs often increase the longer we live. Although the cost of health care in our retirement years can vary, here are some tips to help you estimate how much you’ll need.
Best Personal Finance Software for Mac
When it comes to computer types, a line was drawn in the sand of public perception long ago. If you’re doing business, you need a PC. When you’re being creative, get a Mac. But in reality, this line blurred a long time ago. Applications for both computers are equally capable. Doing personal finances on a Mac doesn’t mean you have to compromise. Here’s what to look for in the best software to suit your needs.
How to File Your Own Taxes
A big myth about filing your own tax return is that the process is too complex for anyone other than an expert to handle. Although there’s no question that the U.S. tax code is extensive and very specific, the reality is that most taxpayers have simple tax situations and the Internal Revenue Service provides updated instructions annually. With some care and planning, you can file your own taxes with confidence.
What Are Assets?
An asset is any item that you own that increases your net worth, as opposed to a liability that decreases your net worth. Examples of assets include the money in your bank account, property like your house or your car, and personal items like your TV, fine art or appliances. Knowing what assets you have and how much they are worth helps you make better financial decisions.
What Are Cutbacks?
Cutbacks refer to steps taken to reduce the amount of money being spent. If you’re coming up short each month when it comes to paying your costs of living, you probably need to reduce your spending. However, taking the time to budget may reveal some relatively painless ways to do so.