Money Management Articles


Deciphering the health insurance requirements - 10/31/2013
You can't put it off any longer: Effective Jan. 1, 2014, the Affordable Care Act (ACA) requires all Americans to maintain a minimum level of health coverage or face a tax penalty. While some people are flocking to to research and purchase their insurance, others are unsure how to proceed.

Taking the bite out of pet care costs - 9/16/2013
Spending on pets hit an all-time high last year, topping $53 billion, according to the American Pet Products Association. The highest growth came in pet services -- such as grooming, boarding, and pet sitting -- and supplies and over-the-counter medications also saw a sharp rise.

Tax tips for newlyweds - 6/16/2013
June is traditionally a time when couples tie the knot and, as is the case with so many major milestones in life, all newlyweds should be aware of the tax considerations associated with marriage. If you or a loved one is planning nuptials, the Minnesota Society of CPAs offers this advice on addressing the tax concerns.

Retaining personal financial records: What do you need to keep and for how long? - 5/14/2013
Does looking at overflowing filing cabinets of bank statements and boxes of old check stubs make you want to start a bonfire in your backyard? Before you grab the lighter fluid and matches, make sure you know what you can torch and what you need to keep.

Understanding life insurance: Sorting through the choices - 10/16/2012
When you think about life insurance, you may dismiss it as something that only older people need. A life insurance policy is taken out on someone’s life and pays out when they die so that  loved ones are financially protected. Insurance proceeds are used to pay ongoing expenses, educate young children, pay off mortgages and cover other critical costs and final expenses.

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