I came across the following Kiplinger article recently: https://www.kiplinger.com/retirement/social-security/minimum-savings-to-retire-by-state It postulates that you would need to save a minimum of 1.6 M to retire comfortably in California, the third most expensive state in which to retire. There are a lot of unknowns in how they calculate this, but alarmingly the median savings of people 65-74 in $200,000 the average is $609,230. On social media sites, people ask if they can retire on social security alone. […]
Sammie Ellard-King I’m Sammie, a money expert and business owner passionate about helping you take control of your wallet. My mission with Up the Gains is to create a safe space to help improve your finances, cut your costs and make you feel good while doing it. Facebook Breaking news from Westminster has sent shockwaves through the UK government. Why This Story Is Trending The resignation of Angela Rayner as Deputy Prime Minister and Housing […]
The IRS has confirmed that withholding tables and W‑2 reporting forms will remain unchanged for 2025. That means taxpayers will continue paying taxes on tips, overtime, and other income throughout the year; but when they file their 2025 returns in 2026, they could see significantly larger refunds thanks to President Trump’s One Big Beautiful Bill Act (OBBBA). Read the rest
This blog post has been recently updated to include new information from the 2025 tax bill relevant to how your charitable donations affect your tax bill. **Please Note: This content does contain affiliate links where I may profit from a sale. The Tax Benefits of Doing Good You probably don’t donate to your favorite causes just to save on taxes. But doing good comes with a side benefit: charitable donations lower your tax bill. Giving back has […]
One of the best frugal hacks is to save money on things you have to buy anyway. That is where these coupon apps come in. … Read More 13 Best Coupon Apps To Help You Save Money
As much as we’re fans of the frugal lifestyle, it’s not always right in every situation. There are a few scenarios where holding back spending … Read More 6 Daily Habits That Cause Frugal Americans to Struggle With Their Financial Goals.
Today, we are answering your tax questions and hopefully helping you learn how to hang on to more of your money by reducing your taxes where you can. We answer a few questions about capital gains taxes, and Dr. Jim Dahle explains how to limit those taxes. But he also reminds you that if life is going well, this is something you have to navigate. We answer a question about Social Security taxes, one about […]
There’s this unspoken belief that fashion and frugality can’t share the same closet. That if you care about your bank account, you’re destined to wear pilled sweaters and jeans that never quite fit right. But real style doesn’t come from maxing out credit cards or buying into every trend on the rack. It comes from … Read more
Saving money can be an uphill battle at times, and often can seem impossible. It can feel like something is always coming up that you didn’t plan for and it screws up the whole month, and can even make you feel like you will never be able to catch up. Just be sure to remember, … Read More about Easy Weekly Savings Plan to Actually Save Money in 2025 The post Easy Weekly Savings Plan to Actually Save Money in 2025 appeared first on Budgets Made Easy.
I haven’t checked my net worth for four months until recently. That wasn’t on purpose, because normally, since 2012, I check at least three times a week using Empower’s free app. The only reason I stopped was because I could no longer log in. One day, I was suddenly locked out of the app. I […] The post Not Regularly Checking Your Net Worth Has Some Great Benefits appeared first on Financial Samurai.
Portfolio management Biting the bullet This post will be of interest to investors who are either retired or thinking about their retirement. Most countries tax regimes have two different kinds of investment account. The first is a normal taxable account and the second is a tax free or tax advantaged account. Canada has a variety of tax advantaged accounts and no doubt the rules of the game are different in different countries. The tax advantaged […]
Discover the best UK dividend stocks in 2025. Learn key metrics, recent increases & cuts, and why UK shares are a tax-efficient choice for international dividend investors. The post UK Dividend Stocks 2025 | Guide to Income, Growth & Tax Advantages appeared first on European Dividend Growth Investor.
The American Dream is all about working hard to achieve success and happiness. An important part of this dream is to become a homeowner and secure your future. Well, if I am being honest, the American Dream is starting to feel more like a concept than a goal. The rising costs and financial uncertainty have… Read More The post How To Save for a House (Saving Tips for First-Time Buyers) appeared first on FinSavvy Panda.