Happy Valentine’s Day, everybody! Don’t be afraid to show off your loved one to the world today. There are always Debbie Downers who don’t like seeing all of the posts on social media today, but I say do your thing! If there’s one thing you SHOULD want to share with the world, it’s a life filled with loving relationships. Post away!
Here’s what I’ve been reading this morning:
‘Is $200k a Year a Good Income?’ – Nick Maggiulli – Of Dollars and Data
- Like almost every personal finance question, the answer is – it depends! However, Nick walks readers through his thought process of determining what a “good” salary is in the US today.
‘How Higher Retirement Savings Limits Can Help You Catch Up’ – Amy C. Arnott – Morningstar
- Have you gotten off to a late start saving for retirement? That’s okay! This article outlines how the rising limits regarding how much individuals can put away in retirement accounts each year will help those late-bloomers catch up.
‘Borrowers are Missing the Best Way to Pay Down Credit Card Debt’ – Jessica Dickler – CNBC
- If you have a substantial amount of credit card debt, and the interest is piling up, looking into a balance transfer could be a good idea! Don’t know what a balance transfer is, don’t worry. According to this article 37% of Americans don’t either!
‘Some Newlyweds May Face a Higher Tax Bill Due to a Marriage Penalty’ – Sarah O’Brien – CNBC
- Making the transition from filing taxes as a single individual and filing jointly as a married couple can throw some folks for a loop. This article talks about how some couples could find themselves being hit with a “penalty” of sorts depending on how the brackets shake out.