Difference Between a Traditional and a Roth IRA Do you know the difference between a Traditional and a Roth IRA? If not, it’s time to learn. The biggest difference between the two is when you pay Uncle Sam the taxes you owe. For a Traditional …
Read MoreBudget’s Can Fail
Budget’s Can Fail As you know, I’m a big proponent of creating a budget. But budgets can fail. Why? People find them restrictive. They think they’re a financial diet! UGH!! Who wants to never eat out, never have fun, never cheat! You can’t maintain your …
Read MoreReduce Next Year’s Tax Bill
Reduce Next Year’s Tax Bill Reduce next year’s tax bill starting now. How? Let’s discuss some strategies. First, if you haven’t already maxed out your taxed-advantaged accounts, start. You can still add to your 401(k) by increasing your contribution in December. Contact your HR department …
Read MoreIdentity Theft
Identity Theft There are a lot of ways that people can commit identity theft. So, how do people actually get your identity? First and foremost, data breaches happen on a daily basis. You hear about companies, hospitals, retail organizations and financial institutions getting hacked on …
Read MoreHoliday Shopping Time
Holiday Shopping Time Happy Thanksgiving everyone! It’s holiday shopping time! Have you got your credit card ready or do you plan to pay in cash? Are you prepared or do you dread the expense? Let’s discuss some ways to deal with the cost and avoid …
Read MoreCut the Cord
Cut the Cord Years ago, I got tired of paying for watching TV, so I cut the cord. What does that mean and how did I do it? Paying to watch TV became very expensive and I did a little research. I discovered that I …
Read MoreEconomic Awareness
Economic Awareness Do you know what economic awareness is? It’s being aware of how the economy affects you. What? Never heard that term. So, what does economic awareness comprised of? First, inflation. You need to know why prices are going up and how those rising …
Read MoreMedicare Supplement Plan
Medicare Supplement Plan I’m on the hunt for a new Medicare supplement plan. Why? While the premium is only going up by $12/mo., they’ve increased my deductible by $500/yr. For someone who is retired, that’s quite a bit. They increased the deductible to keep the …
Read MoreLosing Weight and Saving Money
Losing Weight and Saving Money Do you know that losing weight and saving money are similar? I’ve already done the saving money part. Now, I’m losing weight. Somewhere along the line, I saw a connection. Let me explain. If you put $25/week away in savings, …
Read MoreNew Car
New Car Are you someone who buys a new car every few years? If so, have you really thought about the cost of purchasing a new vehicle every three to five years? I’m talking about a purchase, not a lease, so I’ll be concentrating on …
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