Have you ever felt like your financial worries don’t match your bank statement? You’re not alone. It’s called “money dysmorphia,” and it’s more common than you think, especially among millennials and Gen Z. But here’s the deal: there’s a way out, starting with looking at your money in a new light. Step 1: Get Real…
Are you carrying debts that feel like a heavy backpack you can’t take off? Let’s talk about a cool trick called the Snowball Method. It’s super simple and works, especially if you’re in your 20s or 30s and trying to get your money right. Think of your debt like snowballs. Some are big; some are…
First, let’s clear up the misconception about a ROTH 401(k) Contribution. NO MATTER HOW MUCH MONEY YOU MAKE, YOU CAN CONTRIBUTE TO A ROTH 401(k) in your employer-sponsored plan (assuming they offer the choice). I get asked repeatedly why I would want to pay taxes on my 401(K) or other employer-sponsored retirement contributions now. The…
Lack of Commitment Is the Most Common Reason for Divorce in the USA, according to Forbes.com “Revealing Divorce Statistics In 2024”. Divorce can have a lasting impact on your finances. Don’t let “Lack of Commitment” be your reason for messing up on Valentine’s Day 2024. Super Bowl to Daytona – What a Week We kicked…
Dear Professionals and Business Owners, Income taxes often represent the most significant expense for families and businesses, and unfortunately, many taxpayers do not receive adequate tax advice on how to reduce their tax bills. As a result, they leave thousands of dollars on the table each year. But what if I told you that you…
Whoosh, Tax Day has come and gone. It’s the day we’ve all been waiting for with bated breath. Who doesn’t love sorting through mountains of paperwork and receipts and trying to understand the IRS TAX CODE? We understand that tax season can be an absolute joy to deal with. So, The Tannery team wanted to…