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:
- 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.
- 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!
- 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.
- 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.