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The financial experiences people have early on, whether positive or negative, shape their relationships with money for life. They can affect how people handle paycheck deposits, savings accounts, bills, and credit cards well into adulthood.
Continue ReadingThe Internal Revenue Code contains more than 9,800 sections of tax law1, which may be why most Americans opt for the low-hassle standard deduction when it’s time to file. Although it’s more time consuming on the front end to itemize your tax deductions, you may be better off if you have high value deductions that you’re eligible to claim. Here are a few things to know about filing federal taxes – and how credit cards can help you prepare them – before writing a check to Uncle Sam.
Ancient Greek playwright Sophocles wrote, “Wisdom outweighs any wealth.” While this statement certainly rings true, it’s also true that wisdom can play a major role in achieving wealth—particularly when it comes to effectively managing your finances and credit.
This material is for informational purposes only and is not intended to replace the advice of a qualified tax advisor, attorney or financial advisor. Readers should consult with their own tax advisor, attorney or financial advisor with regard to their personal situations.