Think back to when you were a kid: what is your first memory of money? The first thing that comes to mind for me is receiving a folded-up dollar bill to place in the offering plate at church. Your memory may be less pleasant, but maybe you recall your parents arguing over money – further […]
With the unexpected passing of my husband, I’ve had a lot of unplanned decisions required of me. I’ve been very intentional about not making emotional decisions, but to be honest, how do you remove emotion? There are both rational and emotional elements to making financial decisions. “Research has found that negative emotions hit us with […]
Your total medical expenses, including premiums, must surpass 10% of your AGI to be deductible. Here’s a little backstory to help you understand this deduction in context. In 2019, the IRS allows taxpayers to deduct the total qualified unreimbursed medical care expenses for the year that exceed 10% of their adjusted gross income (AGI). Note […]
