Skip to main content

Signup to receive email updates




or follow our RSS feed

follow our RSS feed
Blog Banner

Plan Well, Retire Well

Saving and investing your money
roth traditional scale

Dear Young Friend: IRAs Offer Tax Breaks on Your Long Term Money

Dear Karen, You mentioned that putting my long term savings into an IRA could save me some money on income taxes. How would that work? Your Young Friend ________________ Dear Young Friend,...

Read More >

iStock 000030406424Large

Financial Education: Not Enough for All Financial Problems

I believe in the importance of financial education; I am a financial educator. I believe with good information people can avoid many costly errors and utilize their money to reach their dreams and goals. But it's not enough! And, as I talked to people during Money Smart Week I realized that it may sound like I think it is. However, it's clear to me that before people can make educated decisions...

Read More >

Buckets for your money larger

Dear Young Friend: Investing Your Long Term Money

Dear Karen, We've talked about the need to keep some money handy for expenses, and some more where I can get to it in case of an emergency. So what do I do with Bucket #3. I'm still a little uncomfortable with the idea of investing. It seems like the stock market has been a bad place to have your money pretty often over the last few years. Your Young Frien...

Read More >

MSW ORG A 2015

Choose what you want to learn during Money Smart Week, April 18 - 25

Money Smart Week is coming, April 18 to 25, 2015. It's the best time of year to learn anything you want about managing your finances. Why is it the best time? It's all free. There will likely workshops near you . Over a thousand programs will take place across Illinois. There are also programs in about...

Read More >

Sasha Learns

Sasha Learns: How to Buy a House - Finding a Realtor

After deciding whether to rent or become a homeowner, checking your credit and possibly fixing it, the next step you'll want to do is find a real estate agent! Just like any other advisor, you need to establish some rapport with them. Below are a few traits and other items you should look for in a realtor and questions to ask them if you're interviewing them. Experience and Know...

Read More >

promwordle

The Rising Cost of Prom and the "Promposal".

I think that social media is costing us much money. Until a few days ago, I had never heard of a promposal. Granted I went to high school in the stone ages when boys awkwardly asked girls at their lockers to go to the prom. My children's experience was not far removed from that other than all the couples went as a big group rather than as individual couples. My son even waited until the night b...

Read More >

money

An Extra Chance to Avoid the Tax Penalty: Purchase Health Insurance NOW for 2015

The Affordable Care Act requires that United State citizens have health insurance. However, for some, this information is coming as a surprise when they files taxes this year AND they're surprised by the penalty they need to pay too. If you're one of the ones who first learned of this when you were preparing your taxes, then there's a special enrollment period just for you! You can stil...

Read More >


top