Posts Tagged ‘cpa’
Good Debt Versus Bad Debt
Can debt ever be a good thing? The term “debt” implies a significant burden, which it certainly can be. But the truth is, some forms of debt can contribute to your financial well-being. So what’s the difference between good debt and bad debt, and how can you tell when debt you’ve acquired is doing more…
Read MoreIs Lifestyle Creep Limiting Your Wealth?
Imagine you have just gotten a raise at work. You’re probably thinking about how you can afford that big purchase you’ve been wanting, or how you can finally go on that nice vacation.That trend has a name: lifestyle inflation. And though it’s not always a bad thing, it’s important to know what it is and…
Read MoreHow do catch-up contributions work?
Not everyone is able to max out their retirement contributions in the early years of their career. As retirement approaches, that can leave you feeling like you’ve fallen behind on saving. But when you turn 50, the IRS allows you to start catching up. Catch-Up Contributions You can contribute up to a certain amount, determined…
Read MoreHow Life Insurance Can Protect Assets
After years of working hard to accumulate wealth, you want to know that you can protect what you have built. How can insurance be a strategic tool for safeguarding your assets? Here are a few ways a life insurance policy can help: Life insurance is one part of the important process of estate planning.…
Read MoreAre You Maximizing Your HSA Usage?
Your health savings account (HSA) can do more for you than you might think. HSAs are a type of savings account that people with high-deductible health plans (HDHPs) can contribute to and use to cover their medical expenses. But it can also be a useful tool for building and protecting your wealth. Want to learn…
Read MoreProtect Your Wealth for the Future
Economic uncertainty is a part of life. Markets can be unpredictable day-to-day, let alone years into the future. That uncertainty is one of the many reasons people want to start estate planning, so they can protect their loved ones and leave a legacy. Protect Your Assets Protecting your assets is the ultimate goal of estate…
Read MoreMake Your Donations Strategic
As you build your wealth, you might be thinking about ways to give back. Charity is a valuable way to support causes important to you. Learn how charity can become a part of your financial strategy. How Charitable Giving Can Work for You Charity is a generous act, and financial planning can help maximize the…
Read MoreHow to Have a Healthy Money Outlook
Did you know that money management and financial challenges are one of the biggest sources of stress for many Americans? Regardless of your net worth, it seems like there’s always something to worry about. While some things can’t be controlled, other stressful triggers can be kept in line with a little bit of thought and…
Read MoreA Guide to Giving and Lending Money
Has a friend or relative ever asked you for a sizeable loan or financial gift? Handling this situation can be tricky. You don’t want to damage your relationship, but you also need to do what’s right for yourself. With a careful approach, however, you can smoothly manage whatever request comes your way. Saying YesIf you’re comfortable…
Read MoreHave you heard these 5 money myths?
Has anyone ever made an unfair assumption about your money habits? Was that assumption based on how old you are? People often look for patterns and trends when it comes to spending and saving, but in reality, your financial approach probably isn’t based on age or decade alone. What do you think? Do these common…
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