Category: Budget
Emergency funds can be a lifesaver. Do you have extra funds saved for unexpected times? If not, it’s time to consider how much you’ll need if you fall on hard times.
Planning on giving this year? Giving annually might trim both your estate and income taxes. Currently, you can give $14,000 to any number of recipients without paying federal gift tax. Learn about your options. Continue reading “Want to give this year? Here’s what you need to know”
Your kids will learn math in school, but that doesn’t necessarily equate to personal finance. If you want them to become financially responsible adults, you should give them some training yourself. Here’s how.
Single people have financial considerations that differ from those who are married. But this doesn’t mean they should overlook financial planning.
Continue reading “Single people need financial planning too”
Estimated tax payments – Who needs to make them? When are they due?
Don’t be surprised if you’re required to answer additional questions this year if you claim the Child Tax Credit (CTC), Additional Child Tax Credit (ACTC) or American Opportunity Tax Credit (AOTC).
Continue reading “You may be asked for more information if you claim certain credits”
Out with the old, in with the new. No matter whether you apply the expression to changes in attitude or to life adjustments, the end of the year is a great time to assess your household finances and prepare for new opportunities. Here are suggestions.Â
Continue reading “Clean your financial house for the new year”
How much money did you save last year? If your savings fell short of your goals, don’t give up. You can still take charge of your financial future.