Below you'll find a list of all posts that have been categorized as “budgeting”
Investment gains are exciting—until tax season arrives and you see how much you owe. Many investors unknowingly pay more in taxes than necessary because they overlook key strategies. 1. Understanding Capital Gains 2. Dividends and InterestQualified dividends may be taxed at the lower capital gains rate, but non-qualified dividends and interest are taxed at ordinary income rates. 3. Strategies to …
As we near the end of 2025, taxpayers face a unique opportunity—one that may disappear with the sunset of the Tax Cuts and Jobs Act (TCJA). Among the most powerful moves available to those looking to reduce long-term tax burdens is a Roth conversion. For many individuals, converting pre-tax retirement accounts to Roth IRAs in 2025 could be a smart …
What influences your spending choices? Social media can pressure you to spend more than necessary. We have all seen our friends post images of an expensive dinner,a pricy resort stay, a new car, maybe even their first condo or house. Seeing these message can influence your spending habits. Millennials are known for frugality, but the reality may differ. An American …
How to handle the cost of continuing your education. Some people decide to get another college degree later in life. That typically means taking on student debt, and dealing with that debt after 40 takes planning. Between 2005 and 2015, the number of Americans older than 60 carrying outstanding student loans quadrupled. How can you plan ahead to avoid joining …
