The Fed raised the target interest rate four times in 2018, and another one to two raises could happen this year. Rising interest rates often make the news. But are they a good or a bad thing? It depends on your perspective.
The Difference Between Marginal and Average Tax Rates
You may have heard that the income tax rate on the highest earners is now 37%.
Wow, does that mean if we make $500,000 we’ll pay $185,000 in federal income tax?
Well, no.
The rates you hear on the …
Business and Personal: Keep ‘Em Separated
Are you running your personal and business expenses out of the same account?
If so, you are not alone. I find that many freelancers, independent contractors, or entrepreneurs make the same financial mistake.
Here are some of the benefits of …
What is Socially Responsible Investing?
Would you like to invest in companies which share your social or environmental goals? Are you concerned about indirectly supporting a industry or company you disagree with?
If so, you may be interested in a movement known as “socially responsible …
Smart Saving for School
If you have kids, you know that education is going to cost serious money. In fact:
- Daycare & Preschool can cost $1500-2500 per month.
- Private Primary and Secondary school in New York City can cost almost $40,000 per year.
- College
The Benefits of Benefits
“My new company gave me this big packet of benefits information. Should I sign up for the …”
- Health Insurance?
- Company 401K?
- Group Life Insurance?
- Long Term Disability Insurance?
- Long Term Care Insurance?
- Transit Checks?
- Flexible Spending or Dependent Care
401K Options for Small Businesses
Too many small businesses skip offering a 401(k). They do this for a wide range of reasons, but more often than not fear is what’s getting in their way. Setting up a 401(k) is intimidating! Business owners who are already …
Understanding Your Taxes When You’re Self-Employed
Taxes.
The word alone is enough to send most self-employed individuals running for the hills. There seems to always be some form of confusion around how to pay your taxes, or what’s expected of you by the IRS, when you’re …
Can I Afford to Work Part-Time?
Wouldn’t it be great to have an extra day each week to run errands, spend time with your family, or just relax? But can you afford it?
As a mom, I have often thought that part-time work would be the …
