Popular Posts
2020 & 2021 Federal Income Tax Brackets: A Side by Side Comparison The IRS released the 2021 Tax Rate Brackets recently. Here is a side-by-side comparison with the 2020 brackets. Hope it helps!
Should I Invest in a 529 College Savings Plan? Have you ever wondered, “Should I invest in a 529 College Savings Plan?” Join me as I take a look at the Pros and Cons of putting your money in a 529 Plan.
What Is The 50/40/10 Rule Budget? Budgeting is a habit and process that can enormously help individuals and families work with their finances to make every cent count. There are many people who swear by certain rules and habits and say that it works perfectly for them. However, it is important to look into these budgets and see what they entail. The 50/40/10 rule in budgeting is a guideline that divides 50 percent of a person’s income into covering basic needs, 40 percent into savings, and 10 percent goes towards want; those fun or unnecessary but enjoyable purchases. This rule in budgeting is meant to help people create large savings quickly. In theory, this budget has some interesting ideas and concepts. However, it is important to look into more than just the idea. It’s crucial to understand how the 50/40/10 rule works, see if the 50/40/10 budget works, if it is realistic, and its advantages and ...
Net Worth | May 2020 Our May 2020 net worth continued to increased after falling during the recession. The markets continued to recover, and we were still able to work.
Net Worth | August 2023 Welcome to the August 2023 edition of our net worth tracker, where we’ll track our net worth month over month. I first started tracking our net worth at the time this blog was started, which was at the beginning of September 2019. I started by creating the Net Worth Baseline report. You can view Previous Net Worth reports HERE. August is over, and the weather has been over 100 every day almost literally. We got a little bit of a break the last week with a couple of days in the 90s. Financially, August was a mediocre month due to the markets, and there were no unexpected surprises. Monthly Roundup Previously, I would go through my month and go over the highlights. These days I’m doing it a little differently. Unless you convince me that you want to hear about my month, I'm not going to talk about it. August ...