Think Strategically – Pay Fewer Taxes

When it comes to paying taxes, paying less is better, right? Did you make any contribution to the charity last year? Taking deductions requires good record-keeping.  If you keep your receipts whenever you make charitable deductions on donated money, household items or clothing, valuable art or properties, kudos to you, because any donation more than… Continue reading Think Strategically – Pay Fewer Taxes

Do Not Over Pay Your Income Taxes after Retirement

Most seniors live off a fixed income whether the income comes from the social security, pension, or 401k. That’s why it’s important to take advantage of the tax breaks available in order to save money. Medical expense deductions The medical expense deduction allows taxpayers to deduct healthcare expenses that exceed 10% of their AGI, adjusted… Continue reading Do Not Over Pay Your Income Taxes after Retirement

Things to Do with the Stock Market at a New All-Time High

Investment success sometimes requires quick changes in the strategies. Waiting for more information or for the dust to settle is the common traps for being caught in the downdraft.  In fact, diversifying across asset classes as well as within asset classes is a smart way to go.  Diversification doesn’t ensure a profit or protect against… Continue reading Things to Do with the Stock Market at a New All-Time High

Ways to Improve Your Credit Score All by Yourself

To have an excellent credit score requires consistent hard work.  Many factors matter.  Always pay on time, keep the credit usage low, keep your accounts open even though you don’t use the credit cards, and etc. One way to improve your credit score is to review all of your credit cards that carry balances.  Pick… Continue reading Ways to Improve Your Credit Score All by Yourself