Today’s top story: Why Millennials fear filing taxes online. Also in the news: Using the 4% Rule to determine when you can retire, tips for doing your own taxes, and five things you should never do with your 401(k). Millennials Fear Filing Taxes More than Most Americans, NerdWallet Survey Finds Using screens for everything BUT […]
Recent Blog Posts
Wonder Why You’re Broke? Look in the Driveway
If you’re struggling to make ends meet, your problem may not be too many lattes or dinners out. It may be sitting in your driveway. Your monthly car payment is the tip of the iceberg. Counting gas, registration and taxes, depreciation, tires, insurance and finance charges, Americans spend $8,700 a year on average — $725 […]
Book giveaway: “Juggling with Knives”
I’m giving away two copies of my friend Jim Jubak’s new book, “Juggling with Knives: Smart Investing in the Coming Age of Volatility.” This book arrives at the perfect time, as you can see from this description on Amazon: Stunning volatility is the new “fact of life” that defines our age. Financial markets fall off […]
Wednesday’s need-to-know money news
Today’s top story: Investing your tax refund so it feels like splurging. Also in the news: IRS scams to avoid, financial mistakes to watch out for, and being frugal without wasting your time. How to Invest Your Tax Refund So It Feels Like Splurging Long term rewards. Don’t Fall for These IRS Scams With tax […]
Q&A: Purchase protection
Dear Liz: A few months ago, I purchased a large television from a nearby store. I was offered no interest for 12 months using the store’s credit card. The TV was stolen from the back of my pickup truck before I was able to bring it into my apartment. I called the police and filed […]
Q&A: Capital gains tax on mutual funds
Dear Liz: My mother, who is approaching 100 and in good health, has a significant mutual fund holding. It is mostly made up of capital gains. She does not need this fund for her daily living expenses. The question she has: Are the taxes on disposition the same before or after she dies? I am […]