Certified Financial Planners (CFPs) are highly-trained professionals who can help you in all aspects of your financial life. But they charge a lot for their experience. Is hiring a CFP right for you?
Individual retirement arrangements, or IRAs, provide tax incentives for saving for retirement. If you can afford it, I strongly encourage everybody to contribute at least a little bit to a Roth IRA every year, even if you have a 401(k) or other retirement plan at work. And among the many benefits of IRAs is the […]
I don’t write about politics until those rare days Washington actually does something that affects our daily lives. And after months of grandstanding and stonewalling over the “fiscal cliff”, today is one of those days. Here’s what the recent fiscal cliff “compromise” means for your taxes: Payroll tax If you are a working American, your […]
When finances are tight, it can be hard to designate some cash to give away. But even the Grinch-iest and Scrooge-iest among us can be moved to donate during the holiday season. In fact, the Tuesday after Black Friday was recently called “Giving Tuesday” to get everyone in the spirit. Whether you plan to toss […]