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You've probably heard it over and over again: contribute up to the maximum amount in your 401(k) plan to improve your chances of a comfortable retirement. That's the advice of many financial experts, who say it's the best way to get back the money the stock market collapse drained from your account. Read More (Investing and Retirement)
Everyone wants their investment portfolio to perform well. But it is your after-tax return that really matters. If your portfolio earns you double-digit returns, those returns really aren’t so great if you end up losing 20% or 30% of them to taxes. In periods when the return on your investments is low, tax efficiency takes on even greater... Read More (Investing and Retirement)
If you have paid a college tuition bill recently, perhaps the sticker shock has abated and your children have been good enough to friend you on Facebook so you can see what they are doing on your dime. What probably still lingers, however, is the desire to ask some pointed questions of the people who are doing the educating. Read More (Education and Career)
It’s a quickly moving target, but as of August 04, 2009, the national debt is $11,653,350,207,790.34. With 307,212,123 people in the country (July Estimate), that works out to $37,932.59 per person. President Obama promised on the campaign trail to not raise taxes on people making under $250,000 annually. Is that promise now on shaky ground? Read More (Business and Economy)
What do you do when you run into a financial problem? Most of the time you’re going to use what’s available to you in terms of knowledge, past experiences, or possibly look for help from family or friends. These are your financial tools. You will use one of your known tools to help address any financial situations that arise. Read More (Personal Finance)
Much of personal finance is really quite simple. Earn money. Spend less than you earn. Save the extra. However, mastering these seemingly easy concepts is difficult for many people. You know you should set a budget, but it seems so complicated and limiting that you never quite sit down to do it. Read More (Personal Finance)
In many cases the answer to this question is found in the small purchases people make constantly. It’s not the big purchases and expenses that “get’ya” it’s the little things. People generally feel the big purchases are what causes them to ask this question, but it’s not. Big purchases are usually planned. Read More (Personal Finance)