Paying taxes on Bitcoin and other cryptocurrencies is becoming a priority for individuals in the US after the IRS announced on July 2nd, 2018 that one of their core campaigns and focuses for the year is the taxation of virtual currencies. Because cryptocurrencies are treated as property in the eyes of the law, they are subject to capital […]
Investing your money is a good way to grow it into an even larger sum over time. But if there’s one downside to investing, it’s having to pay taxes when your portfolio makes you money. There are several ways you might get taxed on investments. If you sell assets for more than what you paid […]
Early retirement used to mean leaving the workforce at age 50. But a growing group of full-time workers are planning to quit even earlier. The desire to retire in your 30s or 40s is what’s driving the so-called FIRE movement. The name is an acronym for “financial independence, retire early.” FIRE appears to be gaining […]
After one of the longest bull markets in history, stocks experienced some major ups and downs toward the end of 2018. This increased market volatility grabbed headlines and caused some investors to feel anxious about potential losses to their portfolios. While it’s a natural reaction for investors to wonder if and how national and global […]
If you’re able to work remotely, or have been itching to move elsewhere, it makes sense to consider locations where your money will go far. Or further than other places. When you account for inflation, the median household income in the United States has barely budged over the last 20 years. Today it stands at […]
Saving money cam be challenging no matter how much you earn. After all, you probably have a lot of immediate expenses, and can think of many more fun things to do with your dollars than stick them into a savings account. But overcoming these challenges is important. In fact, saving money is essential to accomplish […]
With college costs continuing to climb, many parents find themselves scrambling to cover those tuition bills — and many teens find themselves signing up for thousands of dollars in student loans. Now the good news, according to a U-Nest study, is that plenty of parents are taking the problem seriously, with roughly 60% setting aside […]
IF YOUR APPLICATION includes a resume objective statement, it’s time to update your materials. Savvy job seekers should ditch old-fashioned resume objectives in favor of a more modern, marketing-driven personal brand statement. Why? Because when a hiring manager has received your resume, he or she is intelligent enough to know that your objective is to […]
You’ve probably heard that you’re supposed to save for retirement during your working years rather than fall back on Social Security alone. But how many Americans are heeding that advice? A frightening 21% have no retirement savings, according to a 2018 Northwestern Mutual study, while 42% have less than $10,000 socked away for the future, […]
Many freelancers find themselves scrambling to find clients and struggling to drum up a steady book of business. But what if you’re in the opposite scenario, where you have a client you’re actually looking to unload, and you’re not quite sure how to do it? There are plenty of reasons you might want out of […]
Terry Robison struck a viral chord with his recent Facebook FB, -0.07% post in which he resurfaces an old trope about living out his twilight years with room service, pay-per-view, happy hour and free breakfast. All for the price of $59.23. “No nursing home for us,” he wrote. “We’ll be checking into a Holiday Inn!” […]
It’s the day you’ve been anxiously waiting for. It’s finally time to retire. While you may be dreaming of traveling, spending more time with family and friends or pursuing hobbies, there’s a key part of retirement some people have not taken into consideration. After diligently contributing to a 401(k) plan for decades, fewer than 50 […]
