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Saving Money the Smart Way

Sometimes when people think about the best ways to save money, they focus on turning off their porch lights, ordering less at the drive-thru, or trying to stay healthy to avoid the doctor. Although these small changes can make a big difference in the long run, they might not do much to help you to stack away money right now. However, by downsizing your apartment or moving your items out of that storage unit, you might be able to save significant amounts of money right now. I want to show you how to start saving money the smart way, which is why I made this financial planning website.

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Latest Posts

Hiring an Accounting Specialist: What You Need to Know
24 June 2024

Hiring an accounting specialist can be a crucial d …

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The Advantages of Fixed Annuity Rates: Why You Should Consider Them
31 August 2023

As you plan for your future, you may often think a …

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What Is Discussed During A Personal Financial Planning Consultation?
2 February 2023

If you are looking to get your personal finances i …

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Should You Rethink Your Retirement Planning After Losing A Parent?
10 October 2022

The loss of a parent is a difficult time for any c …

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4 Key Finances Pitfalls A Retirement Planner Will Help You Avoid
17 May 2022

It's never too early to start planning for retirem …

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Saving Money the Smart Way

How To Choose Between The Various IRA Investment Options

18 December 2017
 Categories: , Blog

Much of the published information about individual retirement accounts revolves around who is eligible to fund an account. A lesser amount of advice is provided about the IRA investment options that are available. As a result, individuals eligible to fund an IRA must sort through the many investment possibilities before deciding which option is most suitable. If you are eligible to fund an IRA, you can invest up to $5,500 per year on a tax-deferred basis. Read More 

Three Ways A Reverse Mortgage Can Be Advantageous In Your Retirement

10 November 2017
 Categories: , Blog

If you have equity in your home and are nearing retirement or if you are already retired, you may want to consider the advantages of reverse mortgages. Essentially, a reverse mortgage is a loan, but the loan is not paid back until after you die, when the home is sold. There are many ways that this can help you after you retire. You are able to tap into the equity of your home without moving Read More 

Optimizing The Saver’s Tax Credit With A Traditional IRA

19 July 2017
 Categories: , Blog

Tax filers who participate in a company-sponsored retirement plan are sometimes surprised to learn that they are eligible for an extra tax credit. The tax credit is in addition to the regular tax-deferral benefits of a retirement plan. Other working individuals who are not in a company retirement plan may also receive the additional tax credit if they contribute to an individual retirement account. The tax credit is officially known as the " Read More 

3 Ideas About What To Do With Your 401K When You Have Retired

17 February 2017
 Categories: , Blog

If you are planning on retiring this year, then it is important to decide what you are going to do with your 401k account. It's a big decision since this will be the money which you use to survive. It will help supplement your Social Security income, which might not be enough to cover your bills. However, you need to choose what to do with your 401k funds. Here are three ideas to consider. Read More