5 Things Everyone Should Know About Personal Finance

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.

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Should You Hire a Tax Professional?

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.

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Beyond Retirement: Consider Your Other Goals

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.

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Top 10 Ways Remote Work Could Change Home Buying and Selling

Has your organization recently switched to a remote work environment? Is your dining room table now a desk? You are not alone. 

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Paying with a Purpose - Hope for Hospitals

In June, your Logix Mastercard® credit and debit card purchases helped us raise funds for four local nonprofits serving our branch communities with food services. With your help, we reached our fundraising goal and delivered $5,000 to each of the organizations.

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