Remove 2023 Remove Budgeting Remove Taxes
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The Greatest Missed Opportunity of Our Lifetimes

The Big Picture

As the Peterson Institute noted: In June, the Congressional Budget Office (CBO) projected that annual net interest costs would total $663 billion in 2023 and almost double over the upcoming decade, soaring from $745 billion in 2024 to $1.4 trillion in 2033 and summing to $10.6 trillion over that period. All simply unnecessary.

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What Is The 70-20-10 Budget?

Clever Girl Finance

If you don’t feel like you truly have a strong handle on your finances, one possible cause for that is using a budgeting method that doesn’t work. While not everyone needs a to-the-penny balanced budget, some type of budgeting strategy or template is really important if you want to know where your money is going month after month.

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Weekend Reading For Financial Planners (Dec 24-25)

Nerd's Eye View

While RIA M&A activity has been red hot during the past couple of years, a survey suggests that advisors are expecting lower valuations in 2023. A review of financial planning actions, from tax-loss harvesting to charitable giving, that have a December 31 deadline.

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$25-an-Hour Is How Much a Year? (Plus Budgeting and Side Hustle Tips)

Good Financial Cents

This information is critical if you want to create a budget and manage your money correctly. I’ll also share some budgeting and side hustle tips so you can get the most out of the money you earn. Paid Time Off for Hourly Employees Earning $25 per Hour How Much Is $25 An Hour After Taxes? How Does $25 an Hour Compare?

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Budget impact on Investments

Truemind Capital

Here is what we are doing to efficiently manage investments after accounting for the budget changes. – Debt funds investment made before 31 Mar 2023 will qualify for LTCG after two years and be taxed at 12.5% Although the effective tax rate has gone up marginally, the holding period for LTCG has come down.

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Inflation is Obvious But Wage Gains Seem Invisible

The Big Picture

If they get a 7% increase in wages, they see a modest increase in their direct deposit of after FICA, federal and state withholding taxes, 401K, etc. and energy as a percentage of your household budget is less than it ever was. October 19, 2023) Is Partisanship Driving Consumer Sentiment? It’s mostly invisible.

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A Rising Tax Environment? What to Watch For.

Nationwide Financial

Key Takeaways: Even without new legislation, the prospect of higher taxes in the future is still looming. The impact of higher taxes on retirees could be substantial, so staying up to date on the current tax landscape is vital. But even without new legislation, the prospect of higher taxes in the future is still looming.

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