Small business owners/Independent workers are in a unique financial position! Financial Life is different when you're doing it on your own. I've always taken a "5 step" approach to handling it. Here's a recap of my 5 steps and an article from CNBC.com that can help you keep up with the independents! 1. Think in Percentages: alot a percentage of your monthly income to three … [Read more...] about How to Join the Ranks of Money-Savvy Independent Workers
Over 20% of Americans wait until the very last day to file taxes. Some call it procrastination! Not US!! We call it extra time to find ways to save on taxes, while also planning for retirement. I've had several conversations this week about funding IRA's, and there seems to be some confusion, so I wanted to spend a minute to clarify some main points... -How much can … [Read more...] about LAST MINUTE Tax Tips that Can Boost Your Retirement!
Helpful tips on emotional investing and pinpointing your withholding at work! 1. Click for CNBC.COM Article - Investing? It's Key to be Aware of These 4 Biases Keep your emotions in check... 2. Click for CNBC.COM Article - Here's the Reason You Need to Check Your Paystub! Pinpoint your tax load and don't underpay income tax... … [Read more...] about Simple Reads: Don’t Get Emotional and Don’t Underpay!
U.S. Stocks plunged last Friday and the sell off continued Monday with the Dow Jones Industrial Average suffering a 1175 point drop - its biggest one-day point drop in history. The market gave back its 2018 gains with a flash-crash-style drop, before a late rally and partial recovery on Tuesday. This roller coaster week has investors itching to make big changes in their … [Read more...] about Stock Market Sell-Offs and Your Retirement Plan
Great read on saving after you have hit your 401(k) max contribution! Have you looked inside your health care plan? Click on the article below from cnbc.com about HSA's and the tax benefits they provide. IF YOU'VE MAXED YOUR 401(K), HERE'S ANOTHER WAY TO SAVE BIG! cnbc.com … [Read more...] about Simple Reads – You’ve maxed your 401(k)…so now what?