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Don’t get caught up in the here and now. Short-term moves and market timing are not sound financial strategies for your serious long-term plan of pursuing financial independence. |
Allowing the IRS to hold your money is a bad investment. If you should find yourself receiving one, though, you may be wondering how best ways to use it. Your tax refund can also be used to work towards your financial independence.
Read moreA tax refund is the return of your money, money that you’ve earned that the government has been holding. The issue with a large tax refund is that the money that has been withheld throughout the year could have been working for you all along.
Read moreThe key to being as efficient as possible about how much one pays in taxes requires careful consideration of the big picture. At the end of the day, SOME form of income tax will be paid, either when it is received upon earning, or when it is withdrawn from a qualified plan “down the road” in retirement.
Read moreWhen planning for retirement, you need to look at multiple sources of income and be sure that some of the income sources are tax-free.
Read moreYour first thought, spend it! But how? Let’s first sort through what we need to consider.
Read moreIf you’re one of the millions of Americans who received, or are expecting to receive, a tax refund, you are probably trying to decide how to spend it.
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