David John Marotta’s Early Money Memories
Much can be learned from your earliest money memories. Here are some of mine.
Much can be learned from your earliest money memories. Here are some of mine.
Ten years after our original article we review how sage the advice was.
A little bit of work upfront can save a great deal of nuisance later.
These are two ways to benefit from the higher standard deduction while still fulfilling your charitable intentions.
If you have to choose between your retirement or your children’s college savings, choose your retirement.
Talking about the question “How should you manage your money in 2018?” this show covers a lot of ground over 23 minutes of conversation.
The Tax Cuts and Jobs Act came out of conference, which means that the House and Senate bills have been reconciled into one piece of legislation.
We will have to wait and see what tax law we have after Congress reconciles the bills and the final version is signed into law by the President.
In “The state and local tax deduction, explained” by Dylan Matthews at VOX, he does not mention the reason the state and local tax deduction was created when listing the pros and cons.
The Securities and Exchange Commission (SEC) changed the rules and required all financial institutions to move pricing their money market from a stable $1.00 price per shares to a floating net asset value.
Most of the assets you use to fund your retirement will come from compounded growth.
Saving money is not enough. You need to save and invest.
Dividends and interest received from U.S debt obligations can be deducted on many state tax returns.
Every decade of life brings new financial challenges. Try to avoid these common pitfalls.
Here’s a brief explanation of the basic terms you might find on your performance report.
David John Marotta was interviewed on radio’s Schilling Show discussing real estate and its importance in your total net worth.
Before the children arrive, squirrel away some money. When the children go out on their own you get one last chance to save for retirement.
REITs are one way to get some of the benefit of investing in real estate without as much of the risk.
This style of Power of Attorney certainly gets the job done, but there are a few ways that the cookie-cutter POA most frequently fails to meet people’s wishes.
While your student loans may be a daunting sum, it is still possible to build wealth even while paying off student debt.
Too much leverage is risky because it endangers meeting your goals.
More than many other candidates, Ted Cruz’s tax plan aims to fundamentally change our tax system.
We don’t recommend high yield bonds because they do nothing good for your overall portfolio.
Taking inflation into account changes nearly everything about financial planning.
Here is a simple way to think about commercial property.
Some years, we fall behind and I try to make a year-end contribution to get us caught back up again.
Assumptions about these adjustments to your net worth should be made carefully and conservatively.
For a calm investor, a crash will just mean that the stocks you would have bought anyway are temporarily on sale.
Tax season under Trump’s plan would likely be just as complicated but slightly less painful.
There is a complex way, but we don’t recommend the strategy.
Is each dollar value the average for that category or is it really the average for a family with $88,871 in annual income?
Rubio and Lee do make definite improvements but sadly, this good is largely undone by a well-meaning but naive tilt of the playing field towards parents.
I have outlined some steps to help you figure out how to pay down your debt and get back on track.
Umbrella insurance covers you for liability that goes above and beyond your auto and homeowners insurance.
Virginia taxpayers can give generously and offset the cost of those gifts through tax credits and the avoidance of capital gains taxes.
2016 Presidential hopeful Rand Paul has released a sketch of an intriguing tax plan.
We have 1,292 posts on Marotta on Money, but here are the 10 most visited posts on our blog.
For those of us who don’t like playing the lottery, does the lottery have anything to offer us?
To get out of debt, you need an emergency cushion, a budget, and a plan of attack.
Most people are comfortable with having some debt (like a mortgage, for example). But how much is too much?
“Lawsuit lenders do not advertise prices; they advertise convenience.”
Obama evidently believes that politicians are elected to make a difference in the lives of Americans. The problem is that no one can opt out of a federal impact.
Regardless of income level, overspending causes poverty.
Stop borrowing from your future self. Each day you fail to save is another day where you tighten the ball and chain around your ankle. You deserve better than that.
David John Marotta appeared on the radio discussing Charlottesville real estate, interest rates, and how you should not let a daunting pile of mortgage paperwork stop you from purchasing a home.
Even half of what they collect in Social Security could provide a better private benefit.
The short answer is, “No.”
The capital gains tax traps wealth in an investment vehicle requiring special techniques to free the capital without penalty.
Because of inflation, today’s 20-year-olds will need over $7 million to have the same lifestyle when they retire.
In its simplest form, the government prints money and uses the newly printed currency to fund government spending.