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How NOT to spend your income tax refund… IF you receive a refund

“Gambling, investing in cryptocurrency or backing a friend’s new venture are among the worst possible ways to spend a tax refund, writes Geoff Williams” in US News and World Report.See; The 5 Worst Ways You Can Spend Your Tax Refund  https://money.usnews.com/money/personal-finance/taxes/articles/2018-03-20/the-5-worst-ways-you-can-spend-your-tax-refund  Much better options: pay down credit card debt, pay down other debts like car…

Is your college student using federal student loans to finance spring break?

The Squared Away Blog reports: New Use for College Loans: Spring Break! “Yup, more than half of college students are using some of their student loan money to pay for spring break.” See: http://squaredawayblog.bc.edu/squared-away/new-use-for-college-loans-spring-break/Even if college students are paying their own way (with earned income) for fancy week-long get-aways… should they be using funds in…

Looking for savings options that pay more than 1/10th of 1%?

Check out Jean Chatzky’s advice on where to find the best savings options today, “How to grow your savings and reach your short term goals faster,” at: https://www.nbcnews.com/better/business/how-grow-your-savings-reach-your-short-term-goals-ncna857871 “Although the average savings accounts are (as we noted) paying peanuts, the best are paying almost 20 times that much. You just have to search for them…

If your retirement funding plan is to keep working… reality check needed!

Think the solution to inadequate retirement savings is to keep working? That’s what a lot of people thought until… poor health, layoff, age discrimination, or caregiving needs interfered. Fully 61% of retirees left the paid workforce before they planned… and not on their own terms. Even part-time work may be unrealistic; only 29% of retirees…