Tag Archives: Social Security

Friday Financial Tidbit-Another example of why cosigning is a bad idea

Cosigning on a loan is never a good idea and is something that I’m a big opponent of. Not only do you end up paying a portion of the bill most of the time, you also hurt the relationship with … Continue reading

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Friday Financial Tidbit-Your 2% raise is here for two more months!

Back in May I wrote about how every worker this year received what amounted to a 2% raise whether they knew it or not. The “raise” was really just a 2% reduction in employee paid social security tax in 2011 … Continue reading

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Do not Plan on the Government for your Retirement

If you were planning to depend solely on the government to provide for your retirement, you might want to reconsider.  Social Security, the program that we pay taxes into each year to provide money in our non-working years, has been known … Continue reading

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The Major Components of a Healthy Financial Plan: Retirement Funding

Moving down the list of the Major components of a healthy financial plan, today we land on retirement funding.  After establishing a written cash flow plan, paying off our debt, and building our emergency fund we are now ready to … Continue reading

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