With graduation season just around the corner, now it a great time to review five key money basics for both students and the entire family. Understand your net worth. Get used to making this calculation at least once per year. It equals everything you own minus everything you owe others. For young graduates, this number…
Month: May 2023
While anyone can become a scam victim, fraudsters usually turn to one demographic above all others: older adults. Here’s a look at some of the more common scams that target older adults, along with some ideas to help stand up against these would-be thieves. The Top Scams That Target Older Adults According to the National…
Summer brings warm weather, fun outdoor activities, and new opportunities to earn some additional income. Taxes on seasonal income, however, need to be handled with care, whether they’re related to your child’s first job or an extra income opportunity for you. Here are some tips to help manage the taxes on your summer earnings: Take…
Procrastination is easy, especially when it comes to summertime tax planning. But waiting to implement strategies to reduce your 2023 tax obligations could cost you money. Here are some suggestions to help jumpstart your midyear review: Safeguard your deductions. Ensure you can take deductions by keeping great records throughout the year. You’ll need proof if you…