Sunday, January 12, 2014

You vs. The Economy

How are you fairing in this economy?  Are you making the best of your earnings?  Remember to pay yourself first by participating in your company's retirement plan (401k, etc.), transit deductions and health care incentives that are taken out of your earnings pre-tax.  Research the best way to make what you earn work for you and your family.  As the tax season is upon us, be mindful to SAVE some of that money, don't let it burn your pockets...put it in a CD, research which bank offers the best rates.   Check your W-2's to ensure that you are making the right allocations.  Know what tax brackets you are in to ensure the right amount of taxes are coming out of your earning.  Consult an accountant or your HR department for help.  Invest in stocks, once again you must do your own research.  Help and pay yourself first!!!

MONEY TIP: If you can not put more money into your retirement plan, commit to a certain amount that you will save every pay period.  Once you get to $1,000 research CD's.  (Stack and be consistent)


No comments:

Post a Comment