article thumbnail

Stock Market Sectors: 11 Official GICS Groups

Savings Corner

Image source: The Motley Fool Investing in stock sectors At a glance, the 11 GICS stock market sectors are: Energy Materials Industrials Utilities Healthcare Financials Consumer Discretionary Consumer Staples Information Technology Communication Services Real Estate 1. Real estate 11. 0.3% ) ( BRK.B

article thumbnail

The Worst Financial Decisions I’ve Seen

Prairie Eco-Thrifter

A relative of mine gradually lost income and assets over a 20 year period, having lifestyle downsizing forced on him multiple times and in multiple ways, from loss of cars all the way to loss of hot water for showering and money for food. Not paying your real estate taxes. If you don’t pay the taxes, you lose.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Unintended Consequences

Prairie Eco-Thrifter

A person, trying to help a family member figure out how to pay taxes on their home and thus be able to keep possession of the fully paid off home suggested that the family member take in a roommate to earn some extra money. The intention was to get some extra money and get the real estate taxes paid.

article thumbnail

50 Best Small-Business Ideas – NerdWallet

Savings Corner

If you have a CPA license, you can help business owners file taxes, generate balance sheets and other accounting documents and make your professional recommendations about your client’s bottom line. Tax consulting If you’re a CPA or other enrolled agent, you might consider opening up a service specifically for business taxes.

article thumbnail

The Best And Worst States To Retire In 2023, Ranked

Savings Corner

Iowa lands near the middle of the pack tax-wise. 23 for property taxes and No. 22 for state and local sales tax. Iowa also doesn’t tax Social Security benefits , and Iowans age 55 and older are exempt from paying state taxes on retirement income for tax year 2023. The state ranks No. 31 for cost of living.

Iowa 52
article thumbnail

What You Should Know Before Moving to Another Country

Koupon Karen

Begin by researching the cost of living in your chosen destination, factoring in accommodation, transportation, food, and other daily expenses. As part of your financial preparations, explore tax obligations in both your home country and the destination. Establish a realistic budget to guide your spending and savings.

article thumbnail

7 Steps To Homelessness And What To Do If You Get There

Prairie Eco-Thrifter

She charged up credit cards to buy food and clothing. Don’t Pay Your Taxes. She stopped paying income tax on the rare occasions when she did have income and did not pay county real estate taxes. She gets all her food from the food pantry, which she visits on her bicycle.