If you’re a recent high school or college graduate, there’s no shortage of advice for you online or in print. Articles on this annual topic often focus on money management or getting the most out of a new career. This kind of information is helpful, but I’d like to pass along some unconventional guidance I believe […]
Tax filing season for 2017 comes to an end today. There’s one question we frequently hear, both as we deliver our clients their file copies of the returns and at our Record Keeping meetings as well: “How long should I keep my tax returns?” We often hear people talk about keeping returns three years or seven years. […]
Debt can feel scary. Between the seemingly endless payments, the possibility of bankruptcy, the potential for negative net worth, and the general unease of owing money; it’s just not fun. But should you pay off your debts early? If so, which loan should you pay off first? Or should you set aside savings instead?
With the dawning of a new year, we often hear clients and other friends giving us encouragement about getting through the upcoming tax season. We appreciate the sympathy, to be sure, as we address a broad set of complex tasks under a looming deadline. Still, as important as April 15 is—actually April 18 in 2017—what most […]
On June 29, I wrote of the demise of my trusty 1999 Ford Escort wagon. I’d had it for a long time—when I bought the car the dealer took a picture of me and my now-college-age daughter, and she was about 5 at the time. When I wrote Part I of this subject, I thought I’d […]
It was 2009 when the Credit Card Accountability Responsibility and Disclosure Act (the Credit CARD Act) substantially changed the playing field for credit card issuers and users. It improved how interest could be charged, how terms could be changed, how fees could be assessed, who may be issued a credit card, and much more. Still, […]