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From monthly archives: April 2018

We are pleased to present below all posts archived in 'April 2018'. If you still can't find what you are looking for, try using the search box.

Seven Worthwhile Ways to Use Your Tax Refund

According to the Internal Revenue Service, more than 70 percent of the nation’s taxpayers received a tax refund averaging nearly $3,000 in 2017 and could potentially get a similar amount this year. As Americans receive their refunds along with additional benefits coming from the Tax Cuts and Jobs Act passed in December, here are seven tips to help tax refund recipients efficiently utilize those tax refunds. Tax season is the perfect time to hit the reset button on your finances. Your refund can help put you on the right path toward reaching your financial goals. Consider using it to pay off debts, creating an emergency fund, or saving for the future. Save for emergencies. More than 60 percent of Americans are not prepared for unexpected expenses. You can prepare by opening or adding to a savings account that serves as an “emergency fund.” Ideally, it should hold about three-to-six months of living expenses in case of sudden financial hardships, like losing your job or having to repl ...

Tips for your Financial Spring Cleaning

As we kick off the spring months by cleaning, sorting, and tidying up around the house, don’t forget to add financial organization to your spring cleaning to-do list. To help, we’ve highlighted six tips for organizing your ‘financial house’. People are motivated to get things done when the weather warms up and the flowers bloom, which makes it an ideal time to look closely at your savings and spending habits. After all, putting in the work now will help you live your best life in the months ahead. These six tips can help consumers get started organizing their finances: Review your budget. A lot can change in a year. If you’ve been promoted, had a child, or become a new homeowner or renter, be sure to update your budget. Determine what expenses demand the most money and identify areas where you can realistically cut back. Develop a strategy for spending and saving – and stick to it. Evaluate and pay down debt. Take a look at how much you owe and what you are pa ...

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