Oh, boy! One day after Halloween, while running errands, I hear holiday music everywhere I go. The intent, I am sure, is to allow us to enjoy that warm celebratory feeling and to get us all in the holiday spirit; it also subconsciously provokes an urge to buy gifts. If you are in a relationship, […]
Tag Archives: personal finance
Wow! I am still celebrating the demise of the federal “Defense of Marriage Act”. This wonderful news puts married same-sex couples on the same playing field as heterosexual couples when it comes to federal benefits, at least if you are ”in the right state”. For most situations, this is great – you can file your […]
It’s important to understand the different asset classes and the role they may be able to play in your financial strategies. Many financial experts believe that asset allocation may be the single most important factor influencing long-term investment returns, regardless of short-term market fluctuations.1 You could potentially lower your investment risk and increase your chances […]
Recently I was discussing with some friends the need to track things. I track my exercise, the food I eat (trying to lose some weight), movies watched and books read. This is in addition to financial tracking. Needless to say, they think that I am a bit over the top. But if you are a […]
The college planning process can seem overwhelming and outside of SAT preparation, college applications and campus visits, the financial piece is another layer that can cause stress for busy families. Below are some tips to keep in mind: Set up a family calendar – many scholarship and other financial aid opportunities are based on a […]
First the good news, this year the IRS has announced an extension to the tax filing deadline of April 15th for individuals who itemize deductions on Form 1040 Schedule A and other qualified tax payers. To see if the extension of April 18th to file applies to your situation, check the IRS website at www.IRS.gov, […]
With daily demands pulling each of us in a different direction, streamlining our finances oftentimes get the least amount of attention. Allocating small increments of time on a consistent basis to this task helps make organizing less overwhelming. There is a popular approach to breaking down larger tasks into more manageable pieces: The Swiss Cheese […]
One of your resolutions this year may be to create a budget to help you organize and manage your finances. How many of us have committed to finally (!) organizing all of our financial records and sticking to a budget?
A survey was conducted by Fidelity Investments in 2010 which found that almost one in five people 70 or older who own an IRA weren’t aware that Required Minimum Distributions are required once again in 2010 after being suspended in 2009 for account owners and beneficiaries.
A new study by Harvard, Brigham and Women’s Hospital and CVS Caremark researchers has found a direct correlation between the amount of a patient’s out-of-pocket co-pay and the likely abandonment of the prescription, with patients having a co-pay of $50 almost four times more likely to abandon a prescription at a pharmacy than those paying […]