Now that the 2013 tax due date is essentially behind us and Tax Freedom Day – the day when the nation as a whole has earned enough money to pay its total tax bill for the year – is expected to be April 21, 2014 (three days later than last year), it’s good to know that we all get to keep every dollar we earn for the balance of the year. For those who take a little more pragmatic approach,Read More
Funeral costs have risen so far and so fast lately that people who have been through it tell what may be the unfunniest joke in history: they say that dying has become so expensive that nobody can afford it any more.
One reason for these cost increases is that many people fail to plan for the funeral, the burial plot or cremation, the flowers and everything else before the fact. Suddenly, the grieving family has to make complicatedRead More
It has little direct effect on your investments, but most Americans probably feel a bit uneasy in general when we look at the political instabilities and violence in North Africa and the Middle East. It’s not hard to conjure up fears of a radical fundamentalist uprising, oil embargoes, failed nation-states and hostile fundamentalists in power.
But so far, the turmoil has been largely secular in nature. The revolutions have been led by a new generation of youngRead More
April 15th – that dreaded day that we must have our taxes filed. Typically however, the pain isn’t as great as the thought of compiling all those pieces of paper that say “Important Tax Information.” Many taxpayers have paid in too much during the year and are now applying for their own money back – many call this a refund. A forced method of saving is the rationale I most often hear.
Now that April 15th hasRead More
While it’s certainly important to have “The Talk” with your kids about the birds and the bees it’s also more important than ever to communicate about money and the economy. Shrinking 401(k) account balances and potential job losses are taking their toll on an increasing number of families. Having direct conversations with your children, while potentially difficult, is the appropriate approach.
Children are being bombarded with information from the internet, television and classmates so it’s important forRead More