Addressing a large and unresolved issue that had pended since 2008, the Securities and Exchange Commission yesterday imposed new restrictions on money-market mutual funds. The rules will perform a sort of balancing act, reducing the risk of the $2.6 trillion industry, but keeping intact the prime utility of the product. Asset management companies, as well…
Do you ever thought that your medical check up will change? I think, we all do and of course government has done it. They have tried to make some solutions. Health insurance has been made by government also private insurance company. And you can choose what is suit for you. According to the Center for…
It is not easy to live in this life diffrent from many people. Especially if it about tradition, including how you spent your money on holiday. With the holiday shopping season well underway, the spirit of giving to family, friends and just causes comes with a high cost. According to creditcards.com, the total U.S. consumer…
The South Carolina Future Scholar 529 plan is an excellent way for parents to save for college, but there are some important rules to understand in order to ensure that you make only “qualifying “ distributions, so that you don’t have a surprise tax liability. Time Distribution First and most importantly, make sure that you time…
One of the most important aspects of retirement is traveling. It is a number one priority for most of my clients and they often have very ambitious plans. As part of my exercise to better understand client bucket lists and goals I have them list the things they want to see, do, and experience before…
Perhaps, the word minimalism has become part of modern life today. Starting from the things in your home, even become one of the current home models. Modern minimalism is one of the words that you often find if you open a magazine or website about real estate you often get the word. Start To Live…
My son recently turned 18, so we transferred his UGMA (uniform gift to minors account) into his own name. But with money comes responsibility. I told him that he must now balance his checkbook and debit balance each month. He replied in quintessential teenage speak that, “kids now just look everything up on line. No…
It takes us years to build up our financial resources for retirement. We target a monetary goal for retirement and invest accordingly, but what about our vision of retirement? How do we make sure that we are on the same page with our spouse with regard to a common vision of our lifestyle in retirement?…