If you ever feel like there are so many choices to make with your money that saving often gets left on the back-burner and nothing happens at all (aka decision paralysis), simply try automating your savings.
This way, you only have to make an active choice once, and you free up some mental space for other things, explains Perry Wright , a senior behavioral researcher at Duke University's Common Cents Lab , a behavior science lab that focuses on the financial well-being of low income people.
Not to change the topic here:
Why, when and how you'd need to return your stimulus money to the IRS - CNET
1. Use a personal check or money order and make the check payable to the US Treasury. You'll also need to write 2020 EIP and include the taxpayer identification number or Social Security number of the person whose name is on the check.
* * *
However, if the check is issued in both your name and your deceased spouse's name (and therefore you can't deposit the money), you'll need to return the whole amount to the IRS. After the agency processes the returned payment, it will issue a new check with the correct amount for you.
Dave discovers three instances of 'free money' while preparing 2020 taxes
Just in time for tax season, tax expert Don DeSantis at CliftonLarsonAllen joined Dave Ross on Seattle’s Morning News to share insights into a few of the filing changes this year from the IRS.
* * *
To start, what kind of taxes will people have to pay on some of the coronavirus relief money they may have received, such as the lump sum payment, the checks? How does the IRS treat those?
Three Red Flags Money Managers Are Watching For In 2021
It was not surprising that the Nasdaq 100 Index ($NDX) led the market higher, gaining 4.4%. The S&P 500 ($SPX) was up 1.9%, and the iShares Russell 2000 (IWM) was not far behind, with both making new all-time highs last week. The Dow Jones Transportation Average and Dow Jones Utility Average were both lower for the week. The $NDX, $SPX and IWM all closed less than 5% below their weekly starc+ bands, consistent with a high risk market.
* * *
The fund managers' outlook on both global equity markets and emerging markets is bullish, with allocation to emerging markets climbing seven percentage points last month alone. The iShares MSCI Emerging Markets (EEM) has traded above its weekly starc+ band for the past two weeks, which makes it a high-risk buy at current levels.
Not to change the topic here:
Your money: It’s said time is money, yet we all make mistakes – Twin Cities
When it comes to personal finance, timing is everything. Time gives you compounding interest. Knowing when to retire or start drawing Social Security has an enormous impact on achieving your financial goals.
Failing to understand where you are in your path to retirement causes you to make mistakes. Baby Boomers, Gen Xers and Millennials need to be conscious of these common pitfalls.
Many of the mistakes boomers make center around Social Security and health care. The two are really intertwined.
Money is waiting to be claimed in North Dakota and Minnesota. See if any belongs to you | INFORUM
BISMARCK — A few weeks before Christmas, a woman found out from North Dakota officials she was getting an unexpected present: a check for more than $500,000 from the state's Unclaimed Properties Division.
"I get a great amount of joy giving people their money back," said Kaitlyn Leingang, a representative of the agency that helped connect the unnamed woman with her money.
Leingang was able to talk with the woman who received the funds, adding it was a great Christmas gift. It was all because the woman filed a claim with the division.
How to find hidden subscriptions and save money from your phone - The Washington Post
SAN FRANCISCO — First, we stopped paying for things. Gym memberships, movie tickets, Ubers, restaurant bills, fancy clothes.
Those small digital charges add up. And in a struggling economy, finding even small ways to save money can be a huge help.
Truebill CEO Yahya Mokhtarzada said that the number of users has risen during the pandemic and that users' spending habits have changed. He says services such as Kindle Unlimited became more popular than Barnes & Noble, more people paid for YouTube Premium than tickets to movies at Cinemark Theatres, and they spent more money on Uber Eats than Uber rides. The shift to automated payments has made it easier for companies to make money and harder for customers to keep track, he said.
OPINION | You're spending more money online than you think. Here are 4 ways to save.
SAN FRANCISCO — First, we stopped paying for things. Gym memberships, movie tickets, Ubers, restaurant bills, fancy clothes.
Those small digital charges add up. And in a struggling economy, finding even small ways to save money can be a huge help.
Truebill CEO Yahya Mokhtarzada said that the number of users has risen during the pandemic and that users' spending habits have changed. He says services such as Kindle Unlimited became more popular than Barnes & Noble, more people paid for YouTube Premium than tickets to movies at Cinemark Theatres, and they spent more money on Uber Eats than Uber rides. The shift to automated payments has made it easier for companies to make money and harder for customers to keep track, he said.
Happening on Twitter
If you're concerned about homelessness, you should support affordable housing for our unhoused neighbors. If you're… https://t.co/ufARxhpoBR D4GordonMar (from San Francisco, CA) Sun Jan 24 04:10:34 +0000 2021
No comments:
Post a Comment