article thumbnail

Roth IRA Conversions? Better Wait and See.

Prairie Eco-Thrifter

Because traditional IRAs require the recipient of distributions to pay regular income taxes on all (if the IRA was built with pre-tax contributions) or part (if the IRA was built with after tax contributions) of the money received, many have converted from traditional to Roth in anticipation of a lower total family tax bill. Money Tips'

Converse 176
article thumbnail

3 Moves that Can Hurt Your Career

Prairie Eco-Thrifter

Going from high school to college is a rite of passage for which I was inadequately prepared. As many do, I started college because it was the expected next step. Instead of trying to work after college graduation at a real career, I took a retail sales management trainee job. A delayed start. It was really the only offer I had.

College 219
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Goal Without a Plan is Just a Wish

Family Balance Sheet

We paid our bills on time, never carried credit card debt from month to month, but in that moment we could not pay our bills. Sitting down with my husband to discuss our situation was one of the hardest conversations I have ever had in our marriage, but I felt so much relief getting it off my chest.

Goals 100
article thumbnail

Over 40 and Worried about Money? Start here!

Family Balance Sheet

They’re taking a gap year between high school and college. ” Her comment was echoed by another (in real life) conversation I was having with a different friend who is sending a child off to college this fall. You work until you are 65 and then retire. Many are thinking outside the box. Is that possible?”

article thumbnail

Enter to Win $250 for Back to School + Free Credit Report

For the Mommas

Even prior to college, schools are requiring students to have all sorts of supplies. Don’t worry about raking up those credit card bills, or putting a dent in your savings. This is a sponsored conversation written by me on behalf of Credit Sesame. More details: Education expenses seem to grow every year.

Credit 61
article thumbnail

Needs vs. Wants – Which Is Which?

Prairie Eco-Thrifter

Parents start teaching this concept when a child is a toddler and continue to try to drill it in all the way through the teen and college years. She didn’t need to pay utility bills – wood for heat and cooking was obtained from the farm. What is a want? Water was drawn from the well.

Plumbing 227
article thumbnail

HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Others use them to pay off high-interest credit card debt or other bills. $16 Some HELOCs come with a conversion option that allows you to set a fixed rate on some or all of your balance. Home equity lenders often charge a fee for variable-to-fixed-rate conversions, too. homeowners as of year-end 2023.

Home 52