Entries by Pat

The Secret to Stress-Free Cost Savings in Retirement

If your retirement is just around the corner, you might be concerned about how to manage your costs while still enjoying the lifestyle you envisioned for this new chapter in your life. To help you manage the risks, consider downsizing your home. Here’s what you need to know.

5 Ways to Save Money on Your Household Expenses

If you’ve been trying to budget, you may have had the experience of looking around your house to see where you can cut costs. But saving money doesn’t always have to be difficult — or even require any changes to your coffee habit. Here are a few ideas to get you started.

How to Keep Your Spending in Line With Your Budget

We all know about the benefits of budgeting, and yet it can be incredibly difficult to stick with it. While some diligent savers are able to keep precise records with ease, for many of us budgeting is an ongoing challenge — one that’s all too easily upset by surprise expenses or miscalculations.

The secret to saving on taxes: Your home!

Your home isn’t just your castle, it can be an important source of tax savings. You’re probably familiar with mortgage interest deductions, but there are a number of other potential tax benefits built into home ownership. Even your second home — or RV, or boat — can qualify. Here’s how to get started.

5 Ways You Can Reduce Taxes in Your Investment Accounts

While they’re a necessary and unavoidable part of life, taxes can be a surprising drag on your portfolio over the long run. But this doesn’t need to be the case. There are simple ways you can improve the tax efficiency of your investing — here are five to get you started.

What is tax efficiency in a portfolio?

Having a tax efficient portfolio simply means allocating your assets in a way that makes the most of tax rules and incentives. It sounds simple in theory, but there’s a lot more to it in practice. Here’s what you need to know to get started.