You just need to be smart about how you go about creating wealth. Exercise discipline, delayed gratification, and teach yourself to have an eye for opportunities. Making many small decisions every single day that help shape your financial future will go a much longer way than trying to come up with the next great invention. […]
Medical savings accounts are a tax-advantaged way to save and pay for medical expenses that are not covered by typical health insurance plans. The four types of accounts are: ● Flexible Spending Accounts (FSA) ● Health Savings Accounts (HSA) ● Health Reimbursement Accounts (HRA) ● Medical Savings Accounts (MSA) All four accounts have different requirements […]
If you’ve heard the common financial advice once, you’ve heard it 100 times. Here’s a few tips that you might have not heard before? Sometimes when you see a new perspective, perhaps it will generate new ideas, thoughts, and actions. A new perspective may just change your financial future. Consider these financial tips to change […]
Thanks to Murphy’s Law, financial surprises happen to all of us. Sometimes no amount of planning is enough. Your car, home, and pets are all at risk of being stricken by unexpected calamities. An ill family member or unexpected funeral travel is another common setback. If you haven’t read some of our previous articles about […]
While paying cash for your next home might seem outlandish, if you put in the time and effort required, it’s actually a very attainable goal. While you may not be able to purchase a sprawling Tudor Mansion in the “old money” neighborhood in town, a ranch style home that needs some TLC or a manufactured […]
Death and taxes are the only two constants in life. April 15 is therefore a dreadful day for most people. This ominous date on the calendar doesn’t have to be ominous or overwhelming. You can reduce stress and improve your financial future simply by getting a jump on your tax preparation early. Here are some […]
When you’re looking to increase your property value, it’s smart to approach potential home improvements from the viewpoint of a prospective buyer. To increase the value of your property, pay specific attention to the desires of prospective buyers when doing upgrades in your home. With that said, bringing your home up-to-date does not need to […]
How to get ahead in today’s economy can seem like a complete mystery. Your spending doesn’t seem excessive given your take-home pay, yet still your finances seem to be dwindling rapidly. What little things can you do to improve your financial situation without asking for a higher salary at work? Just give yourself a raise, […]
The last thing you probably want to think about when holiday cheer is in the air, is your upcoming taxes. However, it can be a great time to implement a few last-minute tax strategies that will maximize your deductions for past year and minimize your upcoming tax bill. Use these easy to understand last-minute tax […]
If you’ve wanted to change banks for a long time or are currently in the process, you’re not alone! Government regulation has made banks less hospitable to the average retail banking customer. The added cost of regulation, oversight, and compliance means that most banks lose money catering to the average banking customer who just needs […]
Financially Fit Formula