Have you ever sat around and dreamed of how to make a million dollars and what you would do with it? You could buy a gorgeous house, take a lavish vacation, get the car you’ve always wanted, pay off your mortgage or send your kids to college (worry free). Alternatively, you could invest it into investments that paid you every month so you had stable income for the rest of your life. [Read more…] about How to (Realistically) Make a Million Dollars
Finance | Get the real facts about personal finance.
Top 6 Tax Deduction Examples You Probably Didn’t Know About
Are you trying to find concrete examples of tax deduction examples? Do taxes make your head spin? You’re not alone in your confusion. Research shows that a staggering 52% of Americans find the tax-filing process frustrating and stressful.
As the adage goes, death and taxes are the only two certainties in this life. While most of us know the strategies associated with prolonging our lives (eating well, building sustainable friendships, moving our bodies regularly), many people flounder when it comes to managing their taxes. [Read more…] about Top 6 Tax Deduction Examples You Probably Didn’t Know About
How to Save Money on Taxes This April (7 Savvy Tips)
Did you parents and teachers forget to teach you how to save money on your taxes? My teachers definitely forgot, but thankfully I was raised by a lawyer (mom) and a Certified Public Accountant (dad), so that was helpful.
I am also one of those rare people who loves listening to books and podcasts about taxes and reading the dreaded IRA tax code (*gasp*). [Read more…] about How to Save Money on Taxes This April (7 Savvy Tips)
What Happens When You Default on a Loan?
The answer to what happens when you default on a loan is simple. There are six possible outcomes, as described below. If you are tight on money and are defaulting on a loan, you’re not alone.
In fact, around one million people will default on their student loans this year alone, along with all of those who are defaulting on their mortgages.
Given the rising rates of loan defaults, it’s becoming more important than ever to understand the consequences.
What Is Money Made Of? The Answer Will Surprise You.
You use money every day and while paper and coin money continue to lose favor in the face of credit and debit cards, it’s still the backbone of our economy. For many people, money is a mystery.
We know how much it’s worth at face value, but do you know why? Do you know what is money made of? If you’re like most people, probably not.
I’ll attempt to dispel the mystery of money and explain why it’s worth what it is and how it’s made. I’ll also explain why money has no inherent value, nor does it have a fixed worth as a medium of exchange.
Finally, we’ll explore why your money is rapidly decreasing in value and what to do about it to achieve financial freedom. [Read more…] about What Is Money Made Of? The Answer Will Surprise You.