by Michele Cagan | May 21, 2017 | Personal Finance, Retirement Planning, Saving and Investing
Building your personal wealth begins with knowing your net worth. This value is the cornerstone of everyone’s financial life, but many of us don’t keep track of it, or even know how calculate it. And that’s a shame. Because by knowing this number, you’ll be able to...
by Michele Cagan | May 21, 2017 | Retirement Planning, Saving and Investing, Single Mom CPA
Women – including many single moms I know and work with – are often hesitant to invest on their own. That’s because no one ever teaches us how to do it, and it can be embarrassing to admit you don’t know how. Plus, the markets can feel intimidating, and there are so...
by Michele Cagan | Apr 27, 2017 | Do Your Own Taxes, Retirement Planning, Saving and Investing, Single Mom CPA
Getting a big tax refund seems like a good thing – it’s not. In fact, you actually lose money by giving the Federal government an interest-free loan every year. According to the IRS, the average tax refund is $3,120, which works out to $260 a month. There’s a lot we...
by Michele Cagan | Apr 12, 2017 | Do Your Own Taxes, Personal Finance, Retirement Planning, Saving and Investing
Updated for 2021 Disclosure: Some of the links on this page are affiliate links. This means if you click on the link and purchase the item, I will receive an affiliate commission. Not sure how to open an IRA account? All it takes is 5 simple steps, and...
by Michele Cagan | Apr 12, 2017 | Retirement Planning, Saving and Investing, Single Mom CPA
Lots of single moms aren’t sure how to open an IRA – so they skip it. But, honestly, all it takes is 5 simple steps, and in less than 30 minutes, you can be on your way to a worry-free retirement. Here’s all it takes: Decide whether you want a traditional or Roth IRA....
by Michele Cagan | Apr 11, 2017 | Do Your Own Taxes, Personal Finance, Retirement Planning, Saving and Investing
It’s not too late to make your IRA contribution for 2016, whether you go with the tax-deductible traditional IRA or the Roth IRA (which is not deductible this year but offers many other advantages). In fact, you have until Monday, April 18 to contribute – and, if...
