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Start Saving Early for Retirement: Tips for Young People Just Starting Out

Prairie Eco-Thrifter

These surveys show quite clearly that a huge section of the working population is not making any contribution towards their retirement funding. You want to plan to retire from work, not from life. Unless you want to work until the day you die, you are going to need some savings to fund the years you no longer earn an income.

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The Best Investments For the Over 40s to Start Now

Prairie Eco-Thrifter

One of the best ways to invest for your retirement is taking advantage of the tax incentives of retirement accounts. For USA Investors An employer-matched 401k allows you to contribute up to $22,000 if you’re over 50; whatever amounts your employer adds to this is basically free money.

Taxes 187
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How Long Should You Keep Financial Documents

Family Balance Sheet

However, you should print any canceled checks or year-end statements that you would need for tax purposes, ie - charitable contributions, home improvements, business expenses, mortgage payments, etc. This final number will help to lower your capital gains tax. You'll need proof of gains or losses at tax time.

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Yakezie Carnival October 16, 2011- Growth Edition

Prairie Eco-Thrifter

Tax Rebate Blog: How Much Can you Earn Before Paying Tax in 2011 Tax allowances and brackets change each year. This post shows highlights how much you can earn before you need to pay tax. Why Do You Need One and How Does it Work? Here’s some tips to be wary of when trying to consolidate your debt.

October 200
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Seven Retirement Lessons Learned

Prairie Eco-Thrifter

Before retiring I often wondered about life after retirement – would we have enough money , would it change our marriage, would the kids and grandkids have different expectations, what if catastrophe struck and money became an issue, what would I do, would I miss the daily interaction with the people with whom I worked for many years?

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Carnival of Financial Planning – Money Management Edition #236 – May 11, 2012

Prairie Eco-Thrifter

The best part is, people interested in your work will pay you for rights to your photo. ” Jason presents Why We Didn’t Sell Our Car on Craigslist posted at Work Save Live , saying, “Last week I detailed why we considered buying a car through CarMax, and I wanted to do a follow-up on a service of theirs that we actually used.

Money 113
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P.E.P. for the Week of January 24-28, 2010- Adjustment Edition

Prairie Eco-Thrifter

On top of this we are working 5 days a week, volunteering for one, and looking after the house. The Wisdom Journal tells us how we can avoid 57 tax mistakes. We personally use Quicken and we find it works great for reviewing our finances. Personal Finance by the Book askes if we should borrow from our 401K? Who are they?

January 124