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Both Spouses Need to Increase their Financial Literacy
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#Tax Refund this Year? Maybe, Maybe not
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Credits and Deductions
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5 Lessons Learned from the 10 Year US Bull Market
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Saving in Retirement

Both Spouses Need to Increase their Financial Literacy

The post Both Spouses Need to Increase their Financial Literacy appeared first on Yardley Wealth Management, LLC.

The New York Times recently ran a great article about financial literacy.

Business school professors did a study and found out that when one person handles most of the financial chores in a household, that person gets better at it. That makes intuitive sense. With anything that you practice at or do routinely, you tend to improve.

I would say from my personal experience in working with hundreds of couples and families, one person usually makes most of the decisions.

That turns …

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#Tax Refund this Year? Maybe, Maybe not

The post #Tax Refund this Year? Maybe, Maybe not appeared first on Yardley Wealth Management, LLC. There has been a lot of talk about tax refunds or the lack thereof. People are getting lower tax refunds than they used to. Sometimes they even owe money, when they never have before. The reason is fairly simple. When the government did the tax overhaul last year, they also changed the withholding schedules. Employers withheld less from their paychecks to give to the Treasury. There are a few reasons for the change. The biggest reason was to make the tax cut look… Read More

Credits and Deductions

Let’s talk a little bit about tax credits and tax deductions.
Both can be used to help reduce or avoid taxation but behave differently when it comes to doing so.

Tax deductions are beneficial because help lower the amount
of your income subject to taxation. Deductions may be either “above the line” or for AGI, or “below the line” or from AGI. The line in the sand in this
scenario is of course, AGI (adjusted gross income).

Above the line deductions are beneficial because they reduce gross income to arrive at AGI. A lower AGI may result in being able …

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5 Lessons Learned from the 10 Year US Bull Market

By Eve Kaplan, CFP®

We’re celebrating 10 years of a remarkable bull market in US stocks. Here are 5 lessons reinforced during this time:

Lesson 1: Stay the Course When Things Get Rough

The 2008-09 crash seemed to be The End of the World because the entire banking system (with knock-on effects worldwide) was in meltdown mode. If you put extra cash into the US market in 2008-09 then you made out like a bandit. But most investors didn’t have the nerve or extra cash to add to existing investments, so they either 1) DID NOTHING (“stayed the course”) …

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