I have written about the basics of asset allocation. Today I would like to lay out what my own retirement asset allocation looks like. Lazy Portfolio I’m a set it and forget it kind of person. So the lazy portfolio
Dr William J. Bernstein is a neurologist, author and financial theorist. He has several books to his credit. Among them is If You Can: How Millennials Can Get Rich Slowly, written in 2014. It is available as a pdf document,
If you own a business in the United States, you will likely need an EIN- Employer Identification Number. First let’s learn a little bit about it and then see how to get an EIN. What is an EIN? An Employer
FIRE blogs are lighting up with a new kind of FI: Coast FI. This is a very cool name for a milestone my husband and I hit this year, amidst all the chaos. Let’s find a little bit more about
As we go down Form 1040 in your personal tax returns, we talked about Total Income and Adjusted Gross Income in the last couple of weeks. Today, we move on to the most important one- Taxable Income. In brief, Total
Last week, we took a look at how Total Income is defined for tax purposes. Today, we go down the 1040 to see what’s next: Adjusted Gross Income. Adjusted Gross Income Your Total Income (line 7b) on Form 1040 minus
Form 1040 is the form individual taxpayers use in order to file their tax returns. You can find a ton of information on the 1040, today we will focus on the Income aspect. Different aspects of your finances are collated
As parents, we want the very best for our children, in every walk of life. We want them to be prosperous- in the widest sense of the term. Money may not be top of that list, but it’s certainly somewhere
I was late to the FBAR party. I did not even know there was such a thing. And none of the *fabulous* CPAs who did our taxes for the first decade and a half of our lives in the U.S.
It’s easier. It’s greener. You can do it ahead of time- a whole year ahead, in fact. What’s not to like? Here is how to pay taxes online. IRS Online Payment If you google “pay taxes online”, the irs.gov/payments webpage
Last year, I hired my kids to model for this blog. That evidence is all over this site. Their earnings from this gig is modest, though a tad better than the $6 from their lemonade stand last summer. So, I
Last week we saw that most of us will need a regular brokerage account, or taxable account, to house our savings, especially as we pay off student loans and have more to invest. Today, we go through the steps of