There’s a strong correlation between money and happiness . Unfortunately, it is a reality that has an impact on our overall contentment. In fact, financial matters are a common cause of divorce, with 22% percent couples citing their finances as the reason behind their...
Almost anyone can set up a traditional IRA. The only requirement is that you generally must have taxable compensation (typically, salary or wages from your job) in order to put money into an IRA. Beyond that, the basic mechanics of setting up an IRA are pretty...
Nir Zicherman was a mediocre law student having trouble landing a summer internship. On his way to an interview, he got in an elevator and made a joke to the woman next to him, who was holding a tray of coffee cups.“You must really like coffee,” he said. It changed...
Three federal tax credits may be available to help offset your cost to purchase certain clean vehicles (including electric, plug-in hybrid, and fuel cell vehicles).The new clean vehicle tax credit can be either a personal or a general business tax credit, depending on...
Here are some things to consider as you weigh potential tax moves between now and the end of the year.1Defer income to next year Consider opportunities to defer income to 2024, particularly if you think you may be in a lower tax bracket then. For example, you may be...
Healthcare costs consume a growing share of retiree budgets over time. Because they typically rise at a rate higher than inflation, do healthcare expenses deserve their own bucket within the portfolio?Some experts say yes, that from a behavioral and financial...
With constantly changing regulations, a market that seems to be continuously in flux, and inflation driving costs up across the board, it can be hard to know when and if you should start investing your money. So how do you know when you should start?
People are creatures of habit. This timeless quote from Benjamin Franklin is very powerful in all areas of life, especially in the stock market.
If you’re trying to get ahead or nurture greater happiness and satisfaction in life and work, there’s a trait you may not have realized is quite so important: the ability to be proactive.
“Remember, today is the tomorrow you worried about yesterday.” Those words of early personal development sage, Dale Carnegie, spun around in my brain, and then it hit me: This is the reason financial planning stresses people out.