Personal finance isn't your favorite subject. We understand. Talking dollars and cents can be confusing and stressful. As a result, you may be among the 65% of Americans who have no idea how much they spent last month. But ignorance isn't bliss, especially with your money. Here are five things you should know about personal finance to make sure you make the most of every hard-earned dollar.
Most people tend to file their income taxes electronically by using tax preparation software or by hiring a tax professional. Only a brave 10% of taxpayers fill out and file paper forms, presumably without much assistance. Like most decisions related to money, it's important to carefully consider your filing options since a simple error could result in a costly mistake.
As you gather your W-2s, 1099s, or other tax documents, consider the pros and cons of the DIY approach versus hiring a tax professional.
For most, the home-buying process can be a stressful journey. Finding the right lender can be the difference between lumbering along a bumpy road and a smooth ride leading straight to your dream home.
Retirement savings isn’t the only financial goal you might want to consider in a lifetime. There are other considerable milestones that you want to take into account as well.
When it comes to financial stability, people tend to focus on paying off debt and saving for retirement. In reality, many other financial goals beckon to individuals during their lifetime. Because of this, it’s important to look beyond retirement when setting targets, no matter how old you are.
A long time ago, before GPS was readily at hand on smartphones and built into vehicles, travelers used the stars to navigate their way. The night sky was their guide, and clusters of stars, known as constellations, sent friendly winks to explorers, leading them to their journey's end. Tales of their adventures, and their glittering guides, spread across the land, allowing others to follow their path and enjoy voyages of their own.