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Financial Focus: Simple budgeting tips that fit real life

To help you feel more in control of your money, consider a simple budgeting plan. An easy starting point is the 50/30/20 rule. Allocate about 50% of your income to needs such as housing and groceries, 30% to wants — like dining out and streaming services and 20% to...
Financial Focus – Dividends: Reinvest or not?

Financial Focus – Dividends: Reinvest or not?

If you own dividend-paying stocks or mutual funds, you generally have a choice: Should you take the dividends as cash or reinvest them? There’s no one correct answer for everyone. So, let’s look at some reasons for both choices – reinvesting or cashing out....

Financial Focus- When is a good time for Roth conversion?

Financial Focus- When is a good time for Roth conversion?

If you’ve thought about contributing to a Roth IRA, but you made too much money during your working years, you can have a second chance – through a Roth conversion. Why is a Roth IRA desirable for some people? Here are the key benefits: Tax-free withdrawals. You put...

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