Why a Small Balance Due Is Better at Tax Time Than a Refund


Many tax filers assume that receiving an income tax refund is better than paying a balance due. Although a refund is preferable in the short run, it is effectively an interest-free loan granted to the government. In the longer run, tax filers can possess more money to spend throughout the year by recognizing the financial drawbacks of a tax refund. The government pays no interest on tax refunds. The funds are tied up and inaccessible until you file a tax return to request the refund.

24 July 2015

Four Types Of Financial Professionals That Can Help You Get Ahead


Planning for your future and making money to pave your way through retirement may seem like the same thing, but really, it is not. Advisors, planners and brokers are not interchangeable. You will need to know the difference, know who you need to hire and when to make your family's dreams of college tuition, emergency funds and retirement a reality. Financial Advisors The only financial service advisors give is advising. When you want to know if you should invest in a financial product or round out your financial portfolio, an advisor is the person from which you want help and advice.

10 March 2015

When Should You Hire A Financial Advisor?


Throughout the United States, and likely much of the industrialized world, the number one concern among individuals somehow involves money and finances. Money is a major part of everyday life, and the difference between having enough money and not can be a very fine line that is difficult to navigate. When you are chronically worried about your financial status and well-being, you may find yourself wondering whether or not you should hire a financial advisor to help you manage your money and meet your financial goals.

20 February 2015

2 High Interest Rate Investment Ideas With Low To Moderate Risk


The investment world can offer the quick thrill of fast turning stocks, but that method is also incredibly risky and offers little by way of lasting returns. However, if you're interested in finding a longer term, high interest rate investment, there are a couple of good options depending on your risk tolerance. Here are two ways you can get started with high interest rates the next time you speack to your financial advisor or broker.

19 February 2015