The Discretionary Items In Your Budget
We have been discussing saving on what we eat. Let's quickly look at a few more discretionary items in your budget.
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We have been discussing saving on what we eat. Let's quickly look at a few more discretionary items in your budget.
Yesterday we talked about take-out food for a family of four, but what if there's just two of you and you like to eat out several times a week?
Earlier this week we discussed saving money by eating breakfast at home and packing lunches. Now it's time to save on dinner.
This is America Saves Week and all week we'll be looking at small changes you can make to save big.
Today starts a national campaign for Americans to save more money.
Most audits are simple paper audits where they send you a letter asking for supporting documentation.
Investments that you hold for less than a year are taxed as ordinary income. Investments that you hold longer than one year are taxed at a lower rate.
College is very expensive, but Congress and the IRS have given us a few ways to offset education costs.
Tax deductions lower your taxable income. Tax credits provide a dollar-for dollar reduction of your income tax liability.
The tax information has begun to arrive, so open those envelopes!
The online dating services have begun to pay attention to the 76 million boomers out there who may be looking for a valentine.
This is big business. Over $2 Billion a year is spent looking for a date or a mate.
Valentine's Day is synonymous with chocolate, and chocolate is big business.
I do think you can play cupid on the cheap this Valentine's Day and still make it special.
I thought it was time again to do a week on being a cheap cupid. Certainly more fun than tax preparation.
The Social Security Administration has begun to mail out benefit statements at five year intervals to workers who have not signed up to view their statements online.
I don't think so, but we do need to fix the problem! And soon!
According to the latest data I found, 59 million Americans are receiving Social Security benefits totaling $863 billion.
Social Security benefits are not just for folks with an AARP membership card.
Congress and the IRS decided that you cannot leave your pre-tax retirement savings growing forever tax-deferred, so they chose 70½ for you to begin mandatory withdrawals.
Current thinking has 65 as the normal retirement age because at one time a worker could collect full Social Security benefits at age 65. No more.
At 59½ you can finally get at those dollars you have been stashing away for years in your retirement plans without paying a 10% penalty.
Age 55 seems to be a magical number. It's the elusive goal for retiring early!
Many birthdays are key to successful retirement planning. We'll spend the week looking at the ones I think are key to your success.
College is expensive. And many wonder if it is worth the cost. I believe it is!
