Three Potential Budgets for Your Money
Previously on the blog, we have talked about the process of developing a personal budget. In this process, four steps were listed out: 1. Tracking spending and income, 2. Self-reflection, 3. Creating the budget, and 4. Trial and error. While these steps walk through the process of developing a budget, it is also beneficial to…
401(k) Basics
What is a 401(k)? A 401(k) plan is an investment account with tax advantages that an employer can offer to its employees. The type of investments in a 401(k) vary by employer but usually fall into the categories of mutual funds (stocks and bonds), company stock, or guaranteed investments contracts (GIC). There are two types…
Tax Planning in 2021
“In this world nothing can be certain, except death and taxes” (Benjamin Franklin). Taxes are an expense that everybody has to deal with throughout their life. Taxes give the government money to provide services for the public. Every adult needs to know how to pay their taxes because not paying taxes can result in legal…
The Grown Wave 