Detroit Fox 2 interview for my end of year tips, only a few made the air today, so here’s the larger list.
Open a First Time Homebuyer Savings Account – Open a new investment account and deposit up to $10,000 if married ($5,000 if single) and you will get a tax deduction on your Michigan Income...
3 end of year financial tips from the Savings Coach seen on Fox 2 Detroit:
- Start your child's college fund UTMA account with the gains from this years stock market relief rally.
- The CARES Act allows up to $100,000 to be withdrawn from 401k's by Dec 31st.
- Everyone gets a $300 tax deduction...
No, a 401k is not much of a benefit for most people. A 401k is not more compensation, and it is not anything special that you couldn’t do yourself for most people. A 401k is merely a retirement savings account that you can efficiently move money into directly from your paycheck without it landing in...
We all have certain causes that we choose to support monetarily. In fact, in 2017, Americans gave more than $410 billion to charities, breaking the $400 billion mark for the first time in history.
But anytime that we give our money to an organization, it’s important to do our due diligence...
There are a variety of financial management tools and applications available today that can be used to help you manage your money. From software applications to phone apps, there’s no shortage of help available.
Unfortunately, those apps and software programs can only do what you set them up to do...