By Jessica Searcy Kmetty
People often ask me about my favorite budgeting app. What do you use? Does it work for you? If yes, why do you like it?
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Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing and your family ends up on a first-name basis with the nurse at urgent care. Then, as you’re driving to work, giving yourself your best, “You can make it!” pep talk, you see smoke seeping out from under your hood.
Every year, more than 147 million Americans, just like you, file federal tax returns, according to the Tax Policy Center. We often hear how much people dread searching through their files to locate their mortgage, retirement, and investment account statements. But, gathering your records for tax season can also be an excellent opportunity to evaluate your income and expenditures. In other words, tax season is a great time to give the household budget a checkup. Here are some tips we’ve compiled over the years that may be helpful.
By Jessica Searcy Kmetty
Baby boomers are paying medical bills, loan payments, transportation costs and living expenses – but these expenses aren’t their own. These expenses belong to their adult children.
According to various estimates, nearly 66% percent of parents are providing financial support to adult children who are no longer in school. While some parents are dipping into their savings or retirement accounts to fund these expenses, some have even gone as far as taking out loans to get the funds.
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