by Michele Cagan | Mar 6, 2025 | Do Your Own Taxes, Owning Your Own Business, Personal Finance
Note: This article was originally posted in 2017 but has been updated with more current information. Depreciation is the most confusing part of the full home office deduction, but it can substantially minimize your current tax bill. That’s because when you reduce...
by Michele Cagan | Feb 15, 2025 | Personal Finance, Retirement Planning, Saving and Investing
It’s hard to imagine saving $30,000. But $1 – that’s easy. And you can turn that $1 into $30,000 without breaking a sweat. All it takes is… Time. It’s one of the most important factors when it comes to building wealth. And the sooner you get started, the more time...
by Michele Cagan | Feb 15, 2025 | Do Your Own Taxes, Personal Finance
Ask anyone what their biggest expense is and they’ll probably tell you the same thing: mortgage payment or rent. They’re wrong. The biggest expense for almost all of us is something we hardly ever consider, but it chips away at our money more than anything else....
by Michele Cagan | Feb 15, 2025 | Managing Debt, Personal Finance
Most financial advisors will tell you to refinance your mortgage if you can lower your rate by as little 1%. The idea is that the lower rate will lead to lower payments, making your mortgage more manageable. But that’s not always a good idea. Because sometimes...
by Michele Cagan | Feb 15, 2025 | Personal Finance, Retirement Planning
When you leave your job, no matter the reason, your 401k can come along. Some financial advisors make it seem like a complicated process, but a 401k rollover (where you transfer your money from one retirement plan to another) is really very simple. And as long as you...
by Michele Cagan | Feb 15, 2025 | Personal Finance, Retirement Planning, Saving and Investing
Updated for 2020 Choosing your first investments can be overwhelming. There are so many options available, and it’s hard to figure out where to start…and the sheer number of choices can be crippling. To get instant diversification, low fees, and hundreds of...
