The end of the year brings about an inevitable round of questions regarding tax returns, especially what is (and isn’t) legal to claim. One potentially thorny question is who can be claimed as a dependent. IRS rules cover almost every conceivable scenario, including housekeepers. That’s beyond the scope of this article. Still, we will get […]
Ahh, little fall babies. Those cuties bundled up in the crisp autumn air can bring a smile to anyone’s face. And they give new parents so much to look forward to, like those first steps, dance recitals, ball games, and birthday parties. Oh, and college tuition. Yep, the time to start planning for your child’s […]
Are you hearing the pitter-patter of little feet around your home? Is the backseat of your car filled with baby seats? If so, this blog post is for you! Today, you’ll get a quick but important overview of what to do (and what not to do) about taking care of finances with a growing family. […]
Parents spend a great deal of time focusing on their child’s formal education. And rightfully so. But some of the most important lessons, like becoming financially savvy, aren’t taught in school. It can be argued that having financial awareness supersedes formal education. What good does it do to have a highly educated child that is […]
Did you feel that hint of cool breeze in the air? Yes, fall is on the way. Football games, travel opportunities, and many other activities beckon people around the country to get out and enjoy the good life. And while the weather is cooling, inflation is running hotter than ever. But don’t let that put […]
Last week we discussed building generational wealth, and we mentioned starting a 529 plan for your child’s tuition. If your child can graduate college debt-free, that gives them a considerable advantage in entering the workforce. But there is much more to the 529 plan than what was covered in the generational wealth article. So, this […]
So, you want to buy your first house, but the market has been white-hot, and it just wasn’t within reach. But higher interest rates have cooled the market (at least a bit) and you’ve been saving for a down payment. A few more rate hikes and a few more dollars in your savings account and […]
Hitting 50 is one of the milestones in life that cause many to pause and reflect. Some think about relationships with family and friends. Others use the moment to learn from past successes and mistakes. But it’s hard to deny that many also have one thought about the future. That is, will I be able […]
So, you’re back from the honeymoon and setting up a life together as a married couple. Congrats! You have so many great times ahead of you. Of course, great times happen more frequently when newlyweds are on the same financial page. And that means setting up a budget. But don’t worry, budgeting isn’t a chore. It’s […]
It’s that time of year. The beach and the mountains are calling. You might be getting invitations to weddings in far-flung locales. And in the middle of the year, most of us are itching for a break from the daily routine. So, our internet browser entries are full of vacation searches that our bank account […]