Ways Marriage Affects Your Taxes

Tax planning is probably the last thing you’re thinking about on the happiest day of your life, but after the excitement of your wedding has settled, it's wise to start financial planning. Once you get married, your tax situation will likely never be the same. Everything from your filing status to your tax bracket can change. You may end up paying more in taxes if you don't plan ahead.   Tax... Continue reading
Health Benefit Myths

Myths About Your Health Benefits

Signed into law by President Barack Obama in 2010, the Affordable Care Act revolutionized health care in America, and the country is still digesting the big changes. Part of the process is debunking once and for all, the many myths and misunderstandings about the law, its effect on health care benefits, and about medical insurance in general. Here are four myths to lay to rest today.   All... Continue reading

Tips to Save on Groceries

Date: August 2, 2016 While shopping for groceries is more budget-friendly than eating out all of the time, poor choices at the supermarket can blow those savings right out of the water. Using coupons and buying your favorite items only when they're on sale are good basic shopping strategies, but there are other tactics to maximize your grocery dollars, as well.   Think Outside the Grocery Store... Continue reading
Financial Planning for New Parents

Financial Planning For New Parents

Date: August 16, 2016 The world looks different when you're holding a new little life in your arms. Finances may take a back seat to excitement, but it's important to begin thinking early about how starting a family will affect your goals and budget. The vision you and your spouse create for your family's future will dictate many of your next financial steps.   Communicate — Early and Often... Continue reading

Why Credit Card Debt Isn't Necessarily Bad Debt

September 29, 2016 If there's one thing people love, it's their credit cards. A 2015 survey conducted by Harris Poll and NerdWallet showed that the average U.S. household carries $15,355 in credit card debt. Certainly, going into debt for shoes and the latest electronic gadgets can't be good for your household finances, but there are times when having some credit card debt may be better than... Continue reading

Strategies to Teach Kids About Savings

It takes time and effort to teach kids about money, but it pays big dividends over time. From a young age, children learn from their parents about how to manage money and regulate spending. Help your kids develop good habits by following these tips. Continue reading

Strike it Rich: What to Do if You Win the Lottery

Date: July 19, 2016 If you think winning the lottery means waving goodbye to your money problems, think again. A lottery win can bring as many money issues as it solves, given the many people and entities who would like a share in your winnings — including tax authorities. A 2015 study by the Camelot Group found that 44 percent of winners blow through their entire winnings in just five years.... Continue reading
The Pros and Cons of Pensions vs. Annuities

The Pros and Cons of Pensions vs. Annuities

Date: September 30, 2016 Many companies offer employees a choice between monthly annuity payments or one-time lump-sum retirement accounts from which they can draw pension payments as necessary. These two retirement options are very different and your choice can impact your future financial security. Annuities are payments of a set amount that you are guaranteed to get every month during your... Continue reading
Strategies for Managing Elderly Parents' Finances

Strategies for Managing Elderly Parents' Finances

Date: September 19, 2016 The fact that you manage your own money well doesn't make it any easier to handle your elderly parents' assets when the time comes. Your parents may still be very independent, but just need a helping hand. Maybe they are incapacitated and require someone to do everything for them. Whatever the circumstance, you'll need legal authority to get started, and then follow these... Continue reading

How Credit Unions Are Different From Banks

Date: September 9, 2016 Credit unions and banks offer many of the same financial services, but banks are often large corporations while credit unions usually offer a more personal touch and typically have smaller customer bases and networks. Many people mistakenly believe that bank deposits are protected, but credit union accounts aren't. This isn't the case. Although the Federal Deposit... Continue reading