Currently viewing the tag: "finance"

A survey conducted by the National Endowment for Financial Education (NEFE) found that nearly 60% of parents are providing or have provided financial support to their adult children after they have finished school. It can be difficult to refuse a child’s request for financial support, especially when it is within your means. However, careful thought […]

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One year before you retire is a great time to assess your situation and make sure you will really be ready for that gold watch.

Here are some steps you need to consider before retiring:

Start with a budget.

You should already have calculated how much money you will need each year in […]

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Let’s get this straight.

Your home is your biggest asset.

“Asset: noun 1.a useful and desirable thing or quality”

So……. to remain useful if mobility is reduced or as a safe place to get care is a good strategy for preserving this significant asset for anyone getting […]

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A recent study by Northwestern Mutual found half of Americans are less financially secure than they thought they would be at this point in their lives. This study is released at the same time the percentage of Americans saying they hold individual stocks, stock mutual funds, or stocks in their 401(k) or IRA fell to […]

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Last week I talked about the double taxation of dividends. Corporations pay tax on their earnings which are taxed a second time when they are distributed to the shareholder as dividends. The Jobs and Growth Tax Relief Reconciliation Act of 2003 was an attempt by Congress at minimizing the tax bite by allowing dividends to […]

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