You can use a variety of strategies to pay off debt, many of which can cut not only the amount of time it will take to pay off the debt but also the total interest paid. But like many people, you may be torn between paying off debt and the need to save for retirement. … Read More about Pay Down Debt or Save for Retirement?

The IRS increased the 2022 contribution limits for some retirement accounts. Although a 2021 Congressional report found that only about 8.5% of defined benefit plan participants and 4.7% of individual retirement account (IRA) holders max out their contributions each year, increasing the amount you put aside for retirement may help your financial independence.1 Here is … Read More about Retirement Contribution Limit Changes for 2022

Have you ever found yourself scrambling for spare cash to send with your child for school lunch? Have you paid a late fee because you simply forgot when a bill was due? Have you woken up in a cold sweat trying to remember if you paid the water bill last month? Trying to put your … Read More about A Place for Everything: A Step-by-Step Guide to Getting Your Finances Organized

Financial stress can have a direct negative impact on a person’s health and happiness. Unfortunately, this may lead to a downward spiral. The more stress you’re feeling, the larger your financial hurdles may seem, and the more you may rely on unhealthy stress-reducing habits. Fortunately, there are steps you may be able to take to … Read More about Five Healthy Habits for Financial Wellness

As a certified divorce financial analyst who strives to provide clarity in decision making during the divorce process, here are three settlement pitfalls to watch for. #1: House Poor People don’t like being uprooted and often hesitate to inflict change on children who may already be upset from the divorce. Others are seriously attached to … Read More about 3 Divorce Settlement Pitfalls to Watch Out for, No Matter How Big the Estate

Regardless of whether you prepare your taxes yourself or use a professional’s services, it’s a good idea to gather the information and documentation you need well in advance of your actual tax filing date. Below, we’ve listed some key information you need when preparing this year’s taxes. Your Personal Information The personal information you may … Read More about Tax Prep Checklist: Everything You Need to Be Ready for Tax Season