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)
This blog is here to help you and me, a place for you to have a forum to speak your mind, share your inner most desires and to uplift one another. Here you can tell me your deepest secret or ask me anything. Here you can be yourself, this is RED'S CORNER...SO COME SIT A WHILE AND LET'S TALK. Enjoy, Learn, Love and Live!!! LET'S CHOP IT UP!!! If you need advice hit me up!!! (SEND ALL QUESTIONS TO: REDSCORNER17@YAHOO.COM)
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!!!
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