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6 Things to Know About the 2010 Roth IRA Conversion

6 Things to Know About the 2010 Roth IRA Conversion

As you know, this year is a magical year for the Roth IRA retirement account. It is possible to convert your traditional IRA into a Roth IRA, no matter your income. However, before you jump on the Roth IRA conversion wagon, there are a few things you should consider. Here are 6 things to know about the 2010 Roth IRA conversion.

February’s Financial Checklist

February's Financial Checklist

Now that the year is solidly under way, and you might be slowing down in terms of financial resolutions, consider these 5 items that can keep you fiscally fit in February.

5 Income Tax Filing Assumptions that Could Cost You Big

5 Income Tax Filing Assumptions that Could Cost You Big

We have a complex tax code that can be quite confusing. Trying to tote up credits and deductions, and working on getting an advantage, can be time consuming work. It is not surprising, therefore, that a number of assumptions about tax filing turn out to be incorrect. And, while some filing assumptions (such as the [...]

Keeping Your Financial New Year’s Resolutions

Keeping Your Financial New Year's Resolutions

According to a study done by a psychology professor at the University of Scranton, John Norcross, people who make New Year’s resolutions are 10 times more likely to accomplish the changes they want than those who don’t formally resolve. So even though only one in five people manage to keep their New Year’s resolutions, those who at least make them are on the right track to eventually accomplish lasting changes.

6 Tips for Saving Money During the Holidays

6 Tips for Saving Money During the Holidays

During the holiday season, we spend a lot of time looking for ways to spend money. Rarely do we think of savings during this Season of Giving. Don’t wait to till the New Year to start thinking of a savings resolution. Make an effort now, during the holidays, to save for your future.

Ideas for Holiday Tipping on a Budget

Ideas for Holiday Tipping on a Budget

There are many things to spend money on during the holidays, from entertaining to gift buying to holiday tips. Many people realize that holiday tipping is an important ritual when you receive regular services throughout the year. However, you may have had to cut back on the amount of services you have received recently, and [...]

The 3 Most Neglected Aspects of Preparing for Retirement

The 3 Most Neglected Aspects of Preparing for Retirement

I recently interviewed Craig Israelsen, a Personal and Family professor at Brigham Young University, and one of the authors of Your Nest Egg Game Plan: How to Get Your Finances Back on Track and Create a Lifetime Income Stream [Buy at Amazon]. One of the questions I asked him was this: In your experience, what [...]

6 Ways to not Reach Your Full Wealth Potential

6 Ways to not Reach Your Full Wealth Potential

When we are young, we often hear about how we need to work hard to reach our potential. We may also hear some bright, young professional referred as someone with great potential. But how often do we think about our wealth potential. We all have the ability to reach our dreams and achieve financial freedom. [...]

Analyzing Your Wealth Management Infrastructure

Analyzing Your Wealth Management Infrastructure

One of the interesting things about managing your assets is the fact that you have to manage them. Analyzing your wealth management infrastructure is an important part of making sure things are on the right track. Last week, I spoke with Stuart Lucas, a wealth management expert. He runs a wealth management program at the [...]

3 Things to Discuss Before Marriage

3 Things to Discuss Before Marriage

Marriage is one of those Big Commitments that requires a great deal of thought. To be perfectly honest, I have to admit that my husband and I did not have a long courtship. We met, became engaged three weeks later and married two months after that. It took two years of marriage for me to [...]