by admin | Sep 11, 2024 | Common Cents
There are few things more exciting than seeing your wealth grow over time, but as your income evolves, so do your tax responsibilities. Understanding the various types of income and how they’re taxed can mean the difference between watching your hard-earned...
by admin | Sep 11, 2024 | Common Cents
Imagine you’re scouting businesses to invest in. Would you choose the one barely scraping by, with razor-thin profit margins, or the one where profits flow freely, expenses are optimized, and future growth looks bright? Easy choice, right? Now, here’s the twist—what...
by admin | Aug 7, 2024 | Common Cents
Introduction Previously, we explored the tremendous power of compounding and how it can help achieve significant financial milestones. This follow-up article focuses on another critical aspect of successful investing: time! We will model three scenarios to illustrate...
by admin | Jul 24, 2024 | Common Cents
Introduction Whether buying a house, funding a child’s education, or retiring comfortably, financial planning is crucial to achieving many of life’s significant milestones. One of the most powerful tools in your financial arsenal is the concept of...
by admin | Jun 24, 2024 | Common Cents
Last week’s article focused on utilizing a high-yield savings account for your excess cash savings and emergency fund. This week, we will take a deeper dive into cash management with the concept of a CD ladder. Certificates of Deposit (CDs) can offer higher interest...