5 Great Things to Know about IRAs IRA’s can be a powerful tool to lower taxes all while saving for retirement or other predetermined uses. Here are five fairly unreported things to know about IRA’s. A nonworking spouse can have an IRA. If your spouse doesn’t work, you may still be able to open and contribute […]
Often lost in the race to get kids through high school and on to life in the real world are basic financial skills. Here are a dozen financial concepts to consider explaining to your kids before graduating high school. How bank accounts work. While there are numerous online applications, consider using a good ol’ check register […]
Suppose you’re switching jobs if you were furloughed because of the pandemic or you’re simply searching for greener pastures. If you have a 401(k) from your soon-to-be former employer, you must decide what to do with your retirement account when you leave. Here are your four options: Leave the money in your previous employer’s pension […]
How happy are you with your financial situation right now? In other words, do you feel personal financial pleasure or pain when it comes to your financial standing? That is what the Personal Financial Satisfaction Index strives to measure for the typical American. The PFSi is a quarterly economic indicator created by the American Institute […]
Have you been offered a credit card lately? The industry sends out billions of credit card offers each year, and the average household has several thousand dollars in credit card debt. Credit card companies make it very easy and very tempting to say “charge it.” Unfortunately, like so many tempting things, credit card debt can […]
