Category: Wealth
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State of the Dream – An Economic and Personal Finance Perspective – MLK Day 1/20/25
Image Source: Unsplash The weather was unusually mild for an August day in 1963 when Dr. Martin Luther King took center stage on the steps of the Lincoln Memorial to deliver one of the most inspiring speeches in American History. A throng of over 250,000 people, some of them dangling their feet in the reflective…
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10 Cars With the Most Expensive Repairs
Cars Image Source: 123rf.com The initial of a vehicle is a huge decision. You’re often spending tens of thousands of dollars and it’s something you want to last for years. The cost of maintaining your vehicle should also be considered. While some cars have relatively affordable maintenance fees, others could cost you thousands every year,…
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TaxAct Review 2025: Quality Service, Average Pricing
Tax Act Product Name: TaxAct Product Description: TaxAct is a DIY tax software that offers free federal returns for simple tax situations. State returns are $39.99. You can add on live tax assistance to any plan for $60. Summary TaxAct has four levels of service, with federal returns ranging in price from free to $69.99.…
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From Renting to Owning: Smart Financial Moves to Make Homeownership a Reality!
Image Source: Pexels Do you want to get out of the rent trap and invest in a new home? According to a recent CNN poll, the majority of current renters, about 86%, say they want to buy a home but can’t afford one. Homeownership doesn’t have to be a distant dream. With the right financial…
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Can seniors claim home renos on a tax return? If so, which ones?
In your case, Gayle, you’re probably wondering about the federal tax credit for seniors, as well as a provincial tax credit specific to Saskatchewan. Income Tax Guide for Canadians Deadlines, tax tips and more What is the federal home accessibility tax credit? You don’t need to be in Saskatchewan for this tax credit. The federal…
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3 Upgrades The Outside Of Your Home Needs This Year — Beating Broke
Welcome to a new year of enhancing the beauty and functionality of your home! As homeowners, it’s essential to periodically assess the exterior of our homes to ensure they are not only visually appealing but also efficiently serving their purpose. This year, consider upgrades that offer long-term benefits and can even increase the value of…
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Three Bessent Takeaways And A Bonus
I watched all three hours of Scott Bessent’s confirmation hearings. My three major takeaways: 1. He’s highly competent, thoughtful, and decent. In many respects, he’s likely to be a fine Treasury Secretary. 2. Whether out of conviction or greed, he and his team are blind when it comes to taxing the wealthy. To them, the top…
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Best Tax Software For Students (And Student Loan Borrowers)
College students need to do their taxes, and many have student loans. So, if you’re a student or a student loan borrower, which tax software is best? This year, several major tax companies are courting student loan borrowers with the promise of free state and federal filing for people claiming education credits and student loan…
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Trump’s Credit Overhaul: 8 Controversial Changes That Could Shake Your Finances
Joseph Sohm / Shutterstock.com Trump’s administration has signaled shifts in credit and debt relief policies that could impact millions of borrowers. While deregulation efforts may expand financial access, they could also reduce consumer protections, making it harder for struggling borrowers to find relief. These policies could reshape how Americans manage credit, loans, and debt relief,…
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How To Make Money From A Whole Life Insurance Policy
Did you know that a whole life insurance policy can actually help you make money? It’s true—and it’s a strategy sometimes used by those with higher incomes and net worths. For those seeking life insurance coverage, a term life insurance policy is typically the more affordable and simpler choice. Both Sam and I opted for…