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 28, 2017 | Do Your Own Taxes, Saving and Investing, Single Mom CPA
If you just got – or are expecting – a large tax refund, you need to make a change right away. Basically, you just got repaid for an interest-free loan to the Federal government. And I know you have better uses for your money than that! Consider this: The average tax...
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 17, 2017 | Do Your Own Taxes, Saving and Investing, Single Mom CPA
It’s good to owe taxes when you file your return. I know that sounds crazy, and it’s definitely not a popular opinion…but it’s the best situation for you financially…especially if you’re a single mom stretching your income to support your family. After all,...
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....
