Monthly Archives July 2017

Depression-Era Lessons That We All Need to Learn

Today, most of us are quite financially lucky. While we’ve seen a few recessions in our time, nothing comes close to the Great Depression that the world endured throughout the 1930s. It’s great that we’ve been so lucky, but our good fortune also means we’ve missed out on some important lessons. As the saying goes, “necessity is the mother of invention”, meaning we tend to come up with more creative solutions during a time of need. Conversely, we might also become a little lazy during a time of affluence! And in this case, that means we might be wasting too
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Categories: Blog.

4 Ways Your Social Security Number Can Be Used Against You

The bank, the doctor’s office, your accountant… It seems that everywhere you go, someone is asking for your Social Security number. These requests are usually legitimate, but if the wrong person gains access to it, giving out this information can put you in danger. Check out the four sneaky ways a criminal could use your Social Security number to do serious damage to your finances and credit report. Credit cards in your name. Unfortunately, it’s a bit too easy to obtain a credit card in someone else’s name. All you need is their name, address, and Social Security number. It’s
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Categories: Blog.

Can the IRS Keep Your Tax Refund?

Unless you filed an extension, tax season is thankfully behind you this year. Hopefully you were fortunate enough to get a refund. Are you already thinking about what you might do with next year’s refund, and want to make sure you get one? Did you know that there are some situations under which the IRS can seize refunds? In nearly every circumstance, the IRS only withholds refunds for one of these five reasons. Taking just a moment to learn about them can help to prevent these things from happening to you. You owe back taxes. If you failed to pay
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Categories: Blog.

5 Things to Consider Before Retiring Early

You check your retirement account balance, and you’re pleased to see far more growth than you had expected. Or, perhaps you’ve enjoyed a successful career, and have managed to pay off all of your debts. Whatever the reason, you might be considering an early retirement. This is definitely a possibility for some people, but take the time to consider these five things before you take the leap. You’re too young for Social Security. You won’t be eligible for Social Security benefits until 62, at the earliest, but waiting until your full retirement age at 66 or 67 will guarantee you
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Categories: Blog.