Tax scams don’t all look the same, but they are all intended to steal your money. Most fall into one of several categories of illicit acts, including phone scams, phishing and tax provider scams. Help yourself avoid these scams by knowing what kinds are out there and taking steps to keep your money safe.
By Lynnette Khalfani-Cox, The Money Coach®
Practicing gratitude can help you become more aware of what you have and it gives you the chance to count your blessings. Even though there will always be someone else who has more than you, or earns more than you, comparing yourself to others only takes away from all the things you do have.
By Lynnette Khalfani-Cox, The Money Coach®
’Tis the season for gift lists, mega sales and extra shopping trips as you get ready for the holidays. According to the National Retail Federation, consumers are planning to spend an average of $1,007 on decorations, candy, gifts, and other holiday-related purchases for themselves and their families in 2018.
By Lynnette Khalfani-Cox, The Money Coach®
Let’s put it out there: Americans are often way too stressed out. According to the American Institute of Stress, over 70% of people regularly feel physical and psychological symptoms caused by stress in their lives.
By Lynnette Khalfani-Cox, The Money Coach®
If you’ve ever had big medical bills that you couldn’t immediately pay, you know how troubling and stressful that situation can be. Even worse: for many years, past due healthcare bills could wind up on your credit report if a doctor’s office, clinic or other medical facility reported your bill to a collection agency.
By Lynnette Khalfani-Cox, The Money Coach®
We’ve all heard the saying: “health is wealth.”
Though it sounds obvious, the truth is that Americans are more stressed out than ever, with 3 in 4 individuals reporting a stress-related incident according to a poll conducted by the American Psychological Association. And with this increased stress comes a variety of problems that chip away at our mental and physical well-being. But it’s also worth noting that maintaining your physical and mental wellbeing plays a big role in your finances.
By Lynnette Khalfani-Cox, The Money Coach®
Open enrollment season is in full swing, and that means you have the next month or so to decide what to do about key benefits your employer provides. Some people dread open enrollment season, because they think they have to painstakingly pore over mounds of healthcare paperwork, and then spend days upon days trying to figure out what to do.
Contributing to a 529 College Savings Plan is a smart way to save for college and contributions are a great gift idea for friends and family members.
Back in the good old days, it was common for several generations to live under one roof. In recent years, multigenerational living has made a big comeback, and with it more innovative housing choices. In fact, one in five American households are comprised of adults from different generations such as parents and their adult children, or grandparents, parents and children, according to census data.
By Lynnette Khalfani-Cox, The Money Coach®
As someone who has had her fair share of economic setbacks — including being in debt, going through a costly divorce and being downsized — I know from firsthand experience the importance of having a financial back-up plan.
