Category: Wealth

Cassanas Photography / Shutterstock.com Home insurance is essential for protecting your biggest investment, but that doesn’t mean you must pay top dollar. With premiums rising due to inflation and increasing natural disasters, finding ways to cut costs has become more important than ever. According to the Insurance Information Institute, the average annual homeowners insurance premium…

This self-employment retirement plan account comparison has been updated with information for the 2024 & 2025 tax years. My search for the best self-employment income retirement account started with this: while completing my tax return in prior years, I started noticing that I would have a not-insignificant tax bill due from self-employment, 1099, and side…

If the thought of taking college-level classes while in high school is appealing, dual enrollment might be for you. It’s a completely optional way to get college credits during your high school years.  The motivation to do it is mostly around cost (or sometimes the need to take more advanced courses than a high school…

Jonah Elkowitz / Shutterstock.com National debt policies might seem far removed from everyday life, but they ripple through the economy, influencing interest rates, taxes, and retirement savings. Policies from former President Donald Trump’s administration, particularly regarding debt management, continue to shape financial realities. The debt policies implemented during Trump’s presidency could directly and indirectly affect……

The IRS has announced that the 2025 tax season start date (for 2024 income tax return filing) is Monday, January 27, 2025. In a few recent years, the tax start date was delayed a few weeks into February, with the complexities created by COVID and stimulus checks. This year, the start of tax season is…

If you’ve come into a windfall of money, you might be wondering what is the best way to invest $50,000 (or even more)? With a large amount of money to invest, you have several different options. There is no single “right answer” that will work for everyone—instead, what works for you will depend on your…

Anna Moneymaker / Shutterstock.com Trump’s trade policies are set to impact a wide range of goods, reshaping household budgets across America. With sweeping tariffs targeting imports, everything from groceries to gadgets could see price hikes. While these measures aim to bolster domestic industries, the financial ripple effects could strain families already dealing with tight budgets.…

One of my goals for 2025 is to simplify life by selling a rental property. A key decision in this process is whether to hire a top-tier real estate agent, who charges a higher commission, or opt for an average agent to save on costs. By “top-tier real estate agent,” I’m referring to an agent…

This IRS tax deadlines article has been updated for the 2025 tax season (including deadlines for 2024 tax year filings). Tax season has arrived. This article will cover important key dates for the 2025 tax season, including the tax filing start date, tax deadline, extension filing deadline, extended deadline, estimated tax payment deadlines, a 2025…

‘Our life is frittered away by detail… simplify, simplify.’ – Henry David Thoreau I’ve fielded all types of questions from clients and readers over the years looking for that one magic hack or some shortcut to building wealth. Usually these half-baked ideas come from a friend, relative, colleague, or an unscrupulous advisor, or a random…