Many parents may find it uncomfortable, or even believe it is unnecessary, to inform their children about personal finance matters. Yet, communicating openly with your family members can help to reassure them about your financial and health care wishes. This may also ease the decision-making process for your family in many important areas. As time […]
3 Practical Time Management Tips for Investors
For many, spending more quality time with loved ones and friends is a New Year’s resolution or work-life balance goal. But for investors who are accustomed to keeping a close eye on their assets’ performance, balancing one’s “to do” list with one’s “want to do” list may be tricky. Below, we discuss three time management […]
How to Avoid Financial Heartbreak from Sweetheart Scams
What is a Sweetheart Scam? Even after the television show Catfish revealed that those seeking romance on the internet are not always who they pretend to be, sweetheart scams persist as a type of fraud. Here are some of the prevalent warning signs of a sweetheart scam and what you could do to avoid falling […]
Retirement Contribution Limit Changes for 2022
With inflation on the rise, 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 […]
Five Healthy Habits for Financial Wellness
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 improve […]
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