Big Things Come in Small Packages
The power of compound interest is a broadly understood and well-documented phenomenon. I learned about compound interest and how it applies to personal finance early on in my financial planning training, but I recently came across an extreme example of it that took my appreciation of its capabilities to a whole different level. My story…
Read MoreThe $80 Billion Voluntary Tax
Taxes are due soon. But there’s one tax that gets paid all year long. Brian shines some light on its dark repercussions.
Read MoreA Broken Sneaker: A Metaphor for Uncertainty
The future is always uncertain, no matter how much we agree on what may come next. A recent example of this is the Duke and North Carolina basketball game on February 20th. This much-anticipated event drew significant attention. Tickets were selling at prices similar to the NFL Championship game. The packed crowd included big name…
Read MoreHSA: A Healthy Way to Save
One of the most underappreciated tools in tax planning is the Health Savings Account (HSA). The HSA was created in 2003 as a way to provide tax benefits for Americans who want to set aside funds for future healthcare expenses. There are many benefits to having an HSA besides helping pay for medical services. They…
Read MoreClearing Up Tax Refund Confusion
As if tax refunds weren’t already a misunderstood area of personal finance, politicians and media outlets are adding unnecessary anger and confusion to them. Tax refunds are really quite simple. If you overpay funds to your state or the US Treasury, you are entitled to a refund upon filing your taxes. Refunds are not a…
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