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How To Use Budget Categories

Clever Girl Finance

Love it or hate it, if you want to be financially successful, you need to budget your money and success with budgeting means understanding budget categories. So, let’s talk about the various categories that you might need, including a budget categories list! How many categories should I have for a budget?

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11 Financial Tips for Starting a Family

MainStreet Financial Planning

Make a new baby budget. Stay on track with this New Baby Budget Guide. You can request a social security number along with your baby’s birth certificate. Take advantage of tax breaks. Be sure to take advantage of child and dependent care tax credits when filing your taxes. Top off your emergency fund.

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Financial Record Keeping: How Long To Keep Financial Records?

Clever Girl Finance

Birth certificates / Adoption paperwork. Death Certificates. Marriage Certificates. Marriage certificates are usually needed for the Social Security Administration status and/or name change, driver license name change, mortgage loans, life insurance, health insurance, etc. Property tax records. Divorce decrees.

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Financial Planning Tips For Advisors with Special Needs Clients

BlueMind

Disability Tax Credit (DTC) The Disability Tax Credit was introduced by the federal government in 1988 due to the fact that a broader definition of disability became necessary and relief was required for the handicapped and those suffering from mental illnesses as well.

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7 Best Personal Finance Courses in 2024 For Beginners

Trade Brains

From budgeting basics to investments, these courses offer a comprehensive foundation for managing your money in a better way. The course covers an introduction to personal finance, credit cards, life insurance, health insurance, investment instruments, loans, income tax and planning, budgeting and building a strong portfolio.

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Accelerate Your Career With the CFP® Fast Track Course

International College of Financial Planning

The CFP® Fast Track course offers a quick, efficient pathway to certification, allowing you to accelerate your career in the financial planning industry. Unlike the regular pathway that requires passing multiple exams over a year, the fast track allows eligible candidates to take just one exam and complete the certification in 3-4 months.

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How Financial Professionals can Help Clients Save for College: 529 Plans

Nationwide Financial

It’s important to remind your clients that beyond just paying for education, there are significant tax benefits to using 529 plans. These savings plans grow tax-deferred, and withdrawals are tax free when used for qualified educational expenses. How are Withdrawals from 529 Plans taxed? Tax Benefits of 529s.

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