Economists tell us to spend more to help the national economy get out of stagnation and help it grow. Personal finance experts tell us to spend less, pay off your debt and save more for your family and your retirement. Investing should follow savings with complete risk management on your part. Setting Your Financial Priorities … Continue Reading »
When you choose a physician for your family, do you actually research for the doctor’s accreditation and other qualifications? Bedside manners may be important to most – communicating well with patient, not looking down on you like you are a piece of s***. You can get to know and feel about the doctor’s behavior on … Continue Reading »
For so many years, we have been watching advertisements, featuring mostly Hollywood celebrities, spreading the word of reverse mortgage. It’s not for every retiree though. Who can take advantage of it? Those who are equity-rich but cash-poor can benefit from it. They can continue to live in their homes and generate extra tax-free cash flow. … Continue Reading »
Recently a new concept has been created that it’s OK to carry debt into retirement, including home mortgage. There is a big problem with that. Your income is a lot less than when you were working full time. You must service your debt, there is no way out. If the debt is at the proportion … Continue Reading »
Health Savings Accounts, HSAs, are a good long-term savings vehicle because of their significant tax benefits. When used for qualified health care expenses, HSA offer a triple tax savings – 1) contributions are tax deductible, 2) grow tax deferred, and 3) can be withdrawn Federally tax free unlike withdrawing from IRA or 401(k) accounts. If … Continue Reading »
There was a time that everyone was required to physically be present at the place of work for the time duration that the employee was hired for. At the advent of the 21st century, employers and employees both have two questions that each group has to satisfy as far as flex-time and face-time. When does … Continue Reading »
Once in a while we hear that someone has sued the Internal Revenue Service, otherwise known as IRS, for taxpayers’ various contentions. In many such cases brought before the courts, some taxpayers assert that they are not required to file federal tax returns because the filing of a tax return is voluntary. If you look … Continue Reading »
Millions of folks overspend seemingly with no reason at all. However, psychiatrists and other social scientists tell us that there are always some reasons behind overspending, overeating and over everything else. Especially those who cannot even afford will go out on a spending spree. In that case, it’s just pathetic that we spend more than … Continue Reading »
What’s it with these banks and investment companies? Can’t they make money in fair and square way with no deception attached with their business? Why should there be unfair and deceptive practices by the banks thrown upon innocent consumers? This is America, ain’t it? Are we living in a third world country? Or American businesses … Continue Reading »
Of course, the best time to name a beneficiary or beneficiaries is when you buy life insurance. Think about who will benefit when you are “deleted” from the surface of the earth. When you are archived in that huge database up in the sky somewhere. It’s not a good description of saying after you have … Continue Reading »
