What Makes People Happy? Harvard Study Says Money Isn’t Most Important Factor

By Alex Ledsom, Senior Contributor Jan. 30, 2023 It’s hard to get proof on what makes people happy but there is a longitudinal survey that has been examining happiness since the 1930s and after decades of research, the results have been published in a new book, The Good Life. A Harvard study running since the 1930s says it’s human connections …

Your Investment Lost Money Last Year. So Why the Big Tax Bill?

Tax planning is usually the least of my financial concerns. Most of the time, just making a living, paying the bills and salting away money in suitable investments are much bigger deals. But this is a special time of year. Tax season has begun, and brokerages and fund companies are sending out tax forms that the Internal Revenue Service requires …

5 Ways the SECURE Act 2.0 Can Boost Your Retirement Savings

On December 29, 2022, the SECURE Act 2.0 of 2022 was signed into law to enhance America’s retirement savings outlook. Since the original SECURE Act ( Setting Every Community Up for Retirement Enhancement Act ) passed in December 2019, legislators have continued exploring ways to address the general inadequacy of Americans’ retirement savings, and the lack of opportunities for lower …

7 Money Moves To Increase Your Net Worth In 2023

Here are seven smart money moves everyone should make in 2023 to help take the stress out of building their wealth. Some of these will save you money, which will allow you to put more momentum behind your wealth-building strategies. Others will help you pay fewer taxes. Some might make your life a little easier, and who couldn’t benefit from …

What is Downshifting?

Downshifting is reducing one’s standard of living for simplicity and improved quality of life. Downshifting assumes a trade-off between money or level of wealth, and quality of life, which relates to well-being. Downshifters believe that through fewer hours of work they can have time to enjoy the important things in life. For example, they may move to a smaller house …

When Life Gets In The Way Of Your Retirement Plans

Mike Tyson famously said “everyone has a plan until they get punched in the mouth.” Unfortunately, this can be as true when it comes to retirement planning as it is in boxing. Here are some ways LIFE can get in the way of even the best laid plans and what you can do about it. Getty Images L is for …

Battling Inflation: What You Can Do To Protect Your Retirement Plan

Inflation has been hitting everyone hard and going into 2023, there are several things you can be doing in order to protect the state of your finances. getty Inflation has been hitting everyone hard and going into 2023, there are several things you can be doing in order to protect the state of your finances. Ask for more at the …

How Much Do You Make?

NEW YORK — Do your co-workers know how much money you earn? Do your friends? Does your family? Salary transparency is a hot topic — new laws have recently gone into effect around the country requiring employers to disclose salary ranges as a way to tackle pay inequities. Curious how individuals feel about this movement toward transparency, we approached nearly …

How To Get The Top 3 Tax Deductions for 2023

John F. Wasik, Contributor Jan. 6, 2023 The beginning of the new year is not only a time for new goals, but old ones — like compiling tax deductions from receipts and credit card records. (Photo by Monika Graff/Getty Images) Getty Images Here are some of the top write-offs, courtesy of Josh Dudick of Top Dollar. Mortgage Interest. If you …

Choose Courage Over Confidence

Have you ever shied away from taking on a role or opportunity because you didn’t feel confident enough? Perhaps your inner critic told you that you weren’t yet ready, weren’t capable enough or didn’t have enough experience. Perhaps the voice in your head asked, “Why me?” iStock image SUMMARY. Self-doubt is a pervasive and often paralyzing concern, and research has …