How exactly do you get your finances where you want them? Everyone’s situations and goals are a little bit different, but these two financial health to-dos are a great place to start.
"Two Dos" for Financial Health
Thursday, April 15, 2021
At Logix, we partnered with GreenPath to keep you up to date on financial wellness, including keeping you aware of scams.
You can set yourself up to save in almost every area of your life, from food to shelter and transportation. Whatever your goals are for saving – from finding money in your budget to pay off debt, to building a fund for the next chapter of your life – “bonus” savings on things like your weekly trip to the grocery store can help you get there faster. These tips will help you find more money in your budget – starting with saving at the grocery store.
Individual Retirement Accounts (IRAs)
Thursday, April 01, 2021
An individual retirement account or IRA is an investment account that enables individuals to save for retirement. There are two types of IRAs: Traditional IRAs and Roth IRAs.
Each calendar year, you can contribute up to a maximum dollar amount. The annual contribution limit for 2019, 2020, and 2021 is $6,000 (or $7,000 if you're age 50 or older).
Is it time to think about financing a car? It looks like it might be for many people.
The website AutoTrader reports that people are embracing online car buying instead of in-person shopping, which makes sense as we continue to focus on social distancing, health and hygiene.
Financing a car is one of those big life events – whether you are “kicking the tires” in the showroom or on a dealer’s website.
It all starts with making sure we get the best deal possible on the vehicle we want. Then the next step is figuring out the financing and negotiating your car purchase.
We all make the best decisions we can with the information we have available to us. It is in that spirit that we share some ideas to consider when financing a car.
