What’s better than saving money on a $1,000 purchase? Saving on a $1,000 purchase you make year after year. For me, and most likely, a good portion of our aging population, prescription drugs is just such an expense, so I was especially excited to hear that there are websites that will tell me what local pharmacy has the lowest price for a prescription. READ MORE
While our representatives in Washington attempt to come up with a plan to avoid a national financial cliff, many of my clients are attempting to deal with the uncertainty that abounds. My advice is to focus on what you know, and what you can control.
Here’s a short list of the more significant tax changes scheduled for January:
- In California, sales tax will increase by .25%.
- Medical deductions on your Federal return will have to exceed 10%, and not 7.5% of Adjusted Gross Income.
- Flexible spending account deductions will be reduced. READ MORE
That seems like a question with an obvious answer, right? You refinance when the interest rate on the new loan is lower than your rate on the current loan. But how much lower? And is it really as simple as subtracting one rate from another and signing on the dotted line? READ MORE