Articles

Many people believe a dollar saved on their taxes is not worth the same as a dollar of their salary or a dollar of gain in the stock market. They are correct. A dollar saved on your taxes is actually worth more.

David Marotta discusses the importance of teaching your children how to handle money, reasons parents sometimes find it difficult to talk about money, and why it is important to start your children’s financial education early.

Unfortunately, our society tends to pass feel-good legislation aimed at making people feel safer without actually making them safer.

Some first-time workers are not worth minimum wage. But without being hired, they can’t learn job-related skills.

A humorous Google search for Charlottesville financial planning.

Finding countries where you can plant your investments in fertile soil may be one of the most important asset allocation decisions you make for the next several years.

David Marotta and David Swanson discuss a minimum wage.

Surprisingly, studies show that onetime windfalls can actually impoverish you. They make you feel rich, which inevitably leads to overspending. But wealth is what you save, not what you spend.

To build real wealth, you need specific wealth management tools.Most families have less than half of the accounts they really need, and young newlyweds often only have a checking account.

Most Americans fail to plan adequately for retirement and consequently miss out on opportunities to enjoy the last third of life. The best and most rewarding financial planning is not just about the numbers but rather takes place in the context of personal goals.

The greatest engine to generate real wealth is saving and investing. And the best way to ensure that your default is saving and investing is to automate the process. Pay yourself first, and your savings will grow exponentially.

Couples who have worked together on a budget already agree on the big picture. Once they make the hard decisions about what will help further the family’s values, specific purchases in each category are much less critical.

David Marotta discusses what to do with your “extra” money.

Take ownership of your own financial security and increase the rate you are saving and investing by at least the 2% Social Security tax cut.

If you failed to convert anything last year, you missed an opportunity. If you converted much more than you probably wanted to, now you have to decide how much to keep.