Sometimes in our efforts to do better with our finances, it can start to feel like all you’re ever trying to do is “save your money". Whether it's for a major purchase (such as a down payment on a house), your retirement, or even just an extra stash for rainy day emergencies, there's never a... Continue Reading →
7 End of the Year Tax Planning Tips for Maximizing Your Return
Your taxes may not officially be due until April 15th of the following year. However, there are steps you can start taking now to get prepared and possibly even reduce how much you’ll have to pay to the IRS. In this post, we’ll go through seven helpful tips you can use to make sure you’re... Continue Reading →
How to Lower Your Taxes with Capital Gains and Dividends
Are you looking for a way to potentially grow your money outside of your retirement funds but without the consequences of having to pay a huge tax bill at the end of the year? If so, then investing in stocks might be your answer. This is because stocks can produce what is known as capital... Continue Reading →
5 Reasons Why a 401k is a Good Way to Save for Retirement
Has your employer invited you to participate in their 401k plan? If this is your first job or you’re new to retirement planning, then naturally you’re going to have some questions. The first thing to know about 401k plans is that they are now one of the most popular ways that Americans save for retirement.... Continue Reading →
How to Control Your Spending During the Holidays
Do you sometimes find yourself financially strained during the holidays? Do you start buying gifts, get the credit card bill the next month, and think to yourself “Did I really spend that much?” If so, then you're definitely not alone. A survey from American Express Pay It Plan It found that 86 percent of millennials... Continue Reading →
How Has Spending Changed Since the Pandemic?
Did the pandemic change your financial situation? Did you have to adjust your spending habits since this all first began? Without a doubt, COVID has disrupted our lives. From the abrupt shutdown of most businesses in 2020 to the uncertainly that followed, it became clear that most household finances would be compromised. This is was... Continue Reading →
Rich vs Wealthy – What’s the Difference?
Lots of people dream about being rich one day. But is it possible that what they really want is to be wealthy instead? These two terms are used in our society almost interchangeably. However, as similar as they may seem, they have very different implications when it comes to how you manage your finances. In... Continue Reading →
How to Repair Your Credit Yourself
If you’ve run into trouble with your credit, don’t pay someone else to try to fix it for you. Most of the things they’re going to do are actions that you could take on your own. In this post, we’ll walk through how to repair your credit score yourself by following these 10 simple steps.... Continue Reading →
How to Invest Money Wisely – 7 Simple Ways
When you’ve got money to invest, there’s no shortage of directions you can go. Everyone from family members to strangers on Internet forums will have an opinion of what you should do with it and why it will make you rich. Unfortunately, however, the vast majority of that advice is complete nonsense. To grow your... Continue Reading →
How to Pay for College by Yourself
Getting a college degree is still considered to be one of the best paths to starting a career and making a great living. In fact, according to data from the Hamilton Project, the average earnings for someone with a bachelor’s degree is more than twice another person with only a high school diploma. However, college... Continue Reading →