We’re into the second month of 2023, and right off the bat we have a relatively important day for the market and economy as a whole. Today we’ll find out how much the Fed will hike rates once again. After a full year of this, you’d think people would react a little better, but that remains to be seen.
Here’s what I’ve been reading this morning:
‘New Tax Deduction for New Jersey 529 Accounts’ – Mullooly Asset Show
- In this week’s video, Tom discusses how saving for college in a New Jersey 529 account could provide a new tax deduction for folks. There are requirements that must be met by NJ taxpayers in order to qualify for this deduction.
‘4 Things to Do When You Get a Raise’ – Mullooly Asset Management
- When you get a raise, you get a golden opportunity to improve your finances. But lifestyle creep tempts you into wanting to spend that raise in order to “keep up”. Check out our most recent blog post to see what you should do after getting a raise!
‘The Best & Worst Decades to Be a Saver & Investor’ – Ben Carlson – A Wealth of Common Sense
- Like most things in life, timing mattes. In this post, Ben breaks down the best and worst times to be saving and investing your money over the years. Some people got lucky, and others didn’t.
‘3 Key Things to Know Before Opening a Home Equity Line of Credit’ – Sarah O’Brien – CNBC
- A home equity line of credit can be a useful financial tool for a lot of households. However, it’s not for everybody. This post outlines a few important things to know BEFORE opening that line of credit.
ENJOY!
