When it comes to your personal finances, being as rational as possible is unbelievably important. For me, when it comes to rooting for the Mets and the Jets – the rationality tends to take a back seat. The Jets hired a new head coach last night, and I’ve found myself getting excited ONCE AGAIN about the promise of better days ahead.
Let’s use this post as a bookmark to come back to if it ends up blowing up in my face! If you’re reading this, hold me accountable.
Here’s what I’ve been reading this morning:
‘How Being Unemployed in 2020 Could Lead to a Surprise Tax Bill’ – Darla Mercado – CNBC
- Millions of Americans received unemployment last year due to the pandemic. It isn’t “free” money, though. This article outlines how some people who didn’t have taxes withheld could be in for a surprise when they file their 2020 taxes.
- The financial media seems to be laying out two scenarios for the economy and the market under a new administration. While there realistically are more than two, Ben walks through what these scenarios could mean for the markets.
‘Moving the Target’ – Adam Grossman – Humble Dollar
- As Adam highlights, it’s getting close to that time of year where New Year’s resolutions fall off track. But what if you could make the “year” shorter? He writes about moving the goal posts to help keep you on track throughout the year.
‘This May Be a Challenging Time to Stick to Those Retirement Savings Goals’ – Sharon Epperson – CNBC
- Saving for retirement, and saving more money in general, are often big goals for folks early in a new year. However, 2021 may prove a little difficult for some people to save extra money. That’s okay.
ENJOY!
