Socially Distance from Scammers

WARNING! DANGER! BE CAREFUL! There’s so much to be concerned about in these uncertain days of COVID-19–and unfortunately financial scammers are using this time to take advantage of others. We at Better Financial Counseling want you to protect yourself from scams and scammers. Today’s scams are preying on financial concerns and opportunities. They may impersonate …

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 …

Budget Annually.  New Year, New Insights.

  You know the view you get when flying in an airplane? Traveling high above the day to day, you can see much farther and gain a new perspective.  You see connections-roads, buildings, neighborhoods, landscapes come together—forming patterns not seen from the ground.  That’s an Annual Budget vs. a Monthly Budget. Monthly budgets are important.  …

A Tale of Two Carrots. 

Have you taken a look at how much you spend on food lately?  Many people who create a budget and look at how much they’re spending each month are surprised by their food bill.   In financial counseling, it’s often the first area that someone tags as wanting to reduce. The Tale of Two carrots is …

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 …

Personal Finance Challenge: Frugal February

Who doesn’t like a challenge?  Perhaps more than any other time of the year, the first quarter of each New Year seems to abound with challenges—challenges to be stronger, healthier, or just, well, better.    Some are starting 2019 with a Dry January; some may be undertaking Veganuary; some may be doing both.  As for me, …

Crush those emergencies with preparation!

We all know that life happens and with “life happening” sometimes comes small emergencies that we can prepare for in advance. I recently experienced a short-term inconvenience (that’s what I’ll call it) 😊 when the heavy rains in my area caused some of the older trees to topple over. When one really large tree fell …