If you can make a tax deductible IRA contribution, it can be one of the best financial moves available. Not only do you get an immediate tax savings, you also take advantage of tax deferred investment growth for years to come. What’s not to like? The question is – are you eligible to make deductible […]
How To Set Financial Limits With Others
You absolutely must protect your boundaries when it comes to your cash. If not, you won’t need to worry about what to do with your savings – because you won’t have any. Here is an e-mail I received. I wanted to share it with you and hear your reactions: “I have a 62 year old […]
Budgeting for Small Business Success Made Simple
No matter now small your business is, you’ll gain a lot by budgeting. When I started in business 30 years ago I didn’t pay much attention to my budget as long as I had a positive bank balance. That was a huge error. As a result of ignoring my budgeting I didn’t really know what […]
Before You Get Married – How to Have the Money Talk
Before you get married, talk about money. Forget the flowers. Think finances. According to Jeffrey Dew, assistant professor at Utah State University, you are 30% more likely to end up with a divorce if you and your spouse argue about money once a week or more. Hands down, money is the most important point of […]
How To Listen And Speak About Money – The Key To Your Success?
How you think about money is responsible for 95% of where you are in your financial life in my experience. You don’t have to worry about that too much. I already know finances are important to you. If not, you wouldn’t be reading this post. That is a fantastic place to start from and it […]
What Are LEAPS?
LEAPS are long-term options on stocks. The word LEAPS is an acronym that stands for Long Term Equity AnticiPation Security. This sounds really complicated but it isn’t. With LEAPS and other options, you pay a premium for the right to buy shares at a fixed price for a certain time. You might pay $10 for […]