Planning for your kids and your retirement don’t really seem to go together. But that planning includes getting them to leave the nest in a timely fashion — you know, that warm and fuzzy place they’ve lived in all their lives? We love and want the best for our kids, but it shouldn’t be at risk to our financial well being. Helping a child to buy a...
Read MoreIf you are worried about retirement, you are not in the minority. It’s right there in Gallup’s 2018 annual survey about Americans’ biggest financial worries. For 16 years and running, retirement is at the top of the list. It’s important that your spending plan be based on your unique needs and objectives, but here are three of the most common strategies:...
Read MoreNot thinking about taxes in the summer? Well reducing your tax bill is a year-round task. Here are five summertime tax tips: Moving expenses may be tax deductible. Check your withholding taxes. Business trips and vacations – if you combined them, part of the expenses may be deductible. Education expenses may be offset by several tax credits and deductions. IRS...
Read MoreDo you have big plans for the summer, but a small budget? Here are 10 tips to put things in reach for you: Visit a thrift store – spring cleaning yields plenty of deals when thrift stores have an influx of great stuff. Work out on the cheap – many gyms offer special deals in the summer. Update your home goods – big ticket items like appliances are...
Read MoreIf you or someone in your family has taken a job as a summer nanny, be sure to share these three important tax tips: Your employer needs to set up payroll and start paying taxes (if you earn more than $1,900) – this benefits both you and your employer . Keep track of your hours – know when you’re considered on duty and when you’re not. Stay in Touch...
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