Tax-planning tips for 2019
It is January 2019, and although it may seem too early to start thinking about filing your taxes, the process may feel more complicated this year because of the multiple changes to tax rules that have gone into effect.
Did you make building your savings a 2019 New Year’s resolution? Making a savings goal is not only one of the most common New Year’s resolutions, it’s an important key to financial success. If you’re looking to get more out of your savings goals, laddering Certificates is a great way to effectively reach your goals.
Spring is finally in the forecast in Michigan (at least a little bit). I don’t know about you, but I’m most motivated in the spring. The sun and warmth and melting snow makes me ready for anything. But, there’s definitely still some cold weather ahead. Why not take a cloudy afternoon or evening and spring clean your finances?
Have you been watching the 2018 Winter Olympics in PyeongChang? It’s inspiring to see the world’s best athletes achieve their dreams. Whether I’m watching first-time Olympians or three-time Gold medalists, I’ve noticed we can learn a lot from these athletes to help us achieve success in many aspects of our lives, including our financial goals. But don’t worry! Athletic ability is not one of the Olympic traits you need for a successful financial future. It’s about the mindset they have to accomplish their goals. Take a look at these traits, practice them, and you’ll be on the right path to financial success.
I consider myself to be quite trendy, but I’m also that friend who regularly uses checks to pay bills. I am aware that there are plenty of innovative payment options available, but something about paper checks seems so irresistibly simple. The intangibility of online money transfers, amongst a myriad of mobile apps, just seems untrustworthy to me. With this wave of skepticism, I set out to learn about the latest trend in financial services: mobile wallets.
Do you remember your first financial milestone? Whether it was opening a checking account or buying your first car, the feeling of accomplishment that accompanies successful financial planning is unparalleled. As time goes on, the way we manage our money becomes increasingly important. Our purchases and investments become larger, and greatly shape our financial future.
It’s the beginning of a new year, which means, it’s time for more money resolutions! This year, I am going to share how to make a budget that works best for you.
Well, we’re almost done with the year, which means the 52-Week Savings Challenge is coming to a close. How did it go for you? For me, overall, it went well, but I did need to reassess my money management style as the weekly savings amount grew. But, I’m still on track for success (so far).
Did you know September 29 is National Coffee Day? Millions of Americans drink coffee every day, in fact, more than 80% of American adults drink coffee! No wonder there is a holiday to celebrate the beverage many pour into their cups first thing in the morning. Unfortunately, many times before the coffee is being poured into your cup, your money is draining out of your wallet. If you can’t go without a daily cup of Joe, consider finding ways to cut down on your coffee expenditures.
A new semester is approaching, which means student loans are being processed by colleges and student refund checks will soon be disbursed. If you’re a student receiving financial aid, check out this post to understand if you’re handling your refund money wisely.
If you just received your college diploma, you are most likely among the many graduates with tens of thousands of dollars in federal student loan debt. That means in about six short months, whether you have a job or not, you’ll have to start making repayments. As the average 2016 graduate with debt has about $37,000 in student loan debt, it is understandable that you’re stressed—that much debt is hard to fathom! Before you have a breakdown, or even if you already did, know that there are many options to give you flexibility when repaying your loans. Let’s take a look at a few of your possibilities.
Are you prepared for a financial emergency? A recent survey showed that 40% of respondents has an unexpected expense in 2015. If you own a car or house or have children or pets, you know you can’t plan for every expense. Keep reading for tips on building your own emergency fund.
College is getting more and more expensive every year. If you have children and want to help pay for college, the best thing to do is start as soon as possible. But what is the best way to save? Let’s take a look at a few different plans you can choose.
The word “taxes” strikes fear into a lot of people. But that doesn’t have to be you! Between now and Tax Day, we’ll be covering some common tax questions we get at the Credit Union, including options for IRAs. But first, let’s talk about something fun: tax returns.