Unless you live in an area flush with public transportation, chances are you will likely need to acquire a vehicle of your own multiple times throughout your life. Figuring out what car is the best-fit is never easy, as one must evaluate their financial situation, lifestyle, and well-being to ensure that the automobile will suit them for years to come. Continue reading “Leasing Versus Purchasing a Car — What to Do?”
Donating to charity directly from your IRA can have multiple benefits if you are over the age of 70½ and required to make annual withdrawals, known as required minimum distributions (RMDs). These RMDs may end up forcing you to withdraw more than you wish, forcing you to liquidate and possibly increasing your tax burden. Continue reading “Making Charitable Donations Directly From Your IRA”
As we approach the New Year, you may be having another one of those classic moments of self-reflection. Will I finally become more organized? Can I commit myself to losing those few pounds that I have been meaning to for so long? Do I embark on that family trip to Europe which I have longed for? Continue reading “New Year’s Resolutions”
The holiday season is a time filled with the spirit of giving. According to a study from Indiana University’s Center on Philanthropy, 24% of total donations are made in the small window between Thanksgiving and New Year’s Day. The annual surge in giving has led nonprofits to nickname this period as the “Giving Season.”
This isn’t your father’s holiday shopping season. The gradual trend from brick-and-mortar shopping to online has brought unprecedented speed and convenience to the once overwhelming task of finding the perfect gift at the best possible price. Unfortunately, it has also brought out a new generation of thieves and con artists. Here are some simple steps that you can take to ensure you aren’t getting scammed this holiday season.
Following the election of Donald Trump last Tuesday, expectations for growth and inflation have risen, driven by promises of tax cuts and infrastructure spending. In return, mortgage rates have surged by about 0.25% since the election, according to Bankrate. When taken in context with recent moves in the capital markets and the expectations of a December Fed rate increase, it could easily be concluded that the proverbial switch has been flipped and that the mortgage market has just begun to break out of a prolonged period of low rates.
Veterans Day, originally known as Armistice Day, was designated by Woodrow Wilson in 1919 to commemorate the end of World War I and the service of our armed service members in that conflict. It is a day of reflection and giving back to the men and women who have given so much for this country. Thankfully, there are many ways that we can show our gratitude.
As the leaves begin to change and the weather begins to cool, the year’s spookiest holiday approaches. Halloween is a time of fun and frights, as well as a unique combination of business and make-believe. For example, did you know that the U.S. produces 1.5 billion pounds of pumpkins each year? Or that the most popular pet costumes are Bumble Bees, Hot Dogs, and Pumpkins? Check out this infographic from WalletHub for some more statistics on the business- and fun- surrounding the Halloween season.
Americans insure their health, their homes, their cars, and their lives, so why not their vacations? A study conducted by Princeton Survey Research Associates found that only 21% of respondents had ever purchased some type of travel insurance and only 7% said they purchase it regularly. Considering the wide array of product offerings and coverage options, this relatively unknown and underutilized market segment may be more useful than it appears.
Looking to make a quick withdrawal from the ATM down the street? Well, if it isn’t owned by your bank, you’ll be paying more than ever. According to a Bankrate analysis, average out-of-network ATM withdrawal fees have risen to an all-time high of $4.57 per transaction.