by mariettacp | Nov 22, 2016 | Money Tips
While credit cards can be very useful financial tools, the borrowed money is not “free.” Here are two opportunities to share that lesson with your kids. When choosing a card. Show your kids the entire credit card lifecycle. Explain that when evaluating...
by mariettacp | Nov 10, 2016 | Money Tips
Once you reach age 70½, the required minimum distribution (RMD) rules say you have to withdraw at least a minimum amount from your retirement plans each year. Since the withdrawals are considered ordinary income, planning in advance can help you prepare for the impact...
by mariettacp | Nov 7, 2016 | Money Tips
Some tax-cutting strategies make good financial sense. Others are simply bad ideas, often because tax considerations are allowed to override basic economics. Here’s one example of the tax tail wagging the economic dog. Let’s say that you operate an...
by mariettacp | Oct 4, 2016 | Money Tips
As the owner of your business, you are the decider of salaries for your staff. That’s true for your own salary too. While there is no one-size-fits-all formula for determining how much to pay yourself, here are two factors to consider. Regularly review and...
by mariettacp | Sep 30, 2016 | Money Tips
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. Here are tips to become a successful saver. Set goals. Give your saving a purpose. Do you want to accumulate an...
by mariettacp | Sep 28, 2016 | Money Tips
Times of crisis, when others are suffering and you want to help most, is also when heartless fraudsters tend to strike. If you’re planning a donation, watch for these signs that a charity isn’t on the up-and-up. The fly-by-night charity. Every legitimate...
