Happy New Year from Better Financial Counseling
As you ring in the new year, the accredited financial counselors of Better Financial Counseling wish you a prosperous and joyful year to come.
Economic Impact Payments
For most taxpayers you will receive your economic impact payment based on either your 2018 or 2019 tax returns. However, if the IRS does not have your information because you haven’t filed or if you aren’t required to file, you can give them your information at this site: IRS economic impact payments And soon you’ll …
My Savings Don’t Make Much Money
My savings don’t make much money. I often hear people say that they would like their emergency fund to “make more money” but it doesn’t make much interest in a savings account. Sometimes they ask if they should put it in an investment that has bigger gains, but much higher volatility. They feel they a …
Tax Trap
Ever met someone who was retired and who had been successful in saving for retirement? I’ve met many who seem to feel overly taxed. They did the right things and saved and invested and when they need that money the tax burden feels heavy and a bit like a punishment for success. When I was …
How to Improve Your Credit
As financial counselors we often get asked how a client can improve a credit score. Most of us aren’t privy to the complete super-secret formula, including me. But there are actions you can take to improve your credit score. Scoring models differ and can change a bit over time and we are focusing on the …