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While 2016 is in full swing, if you haven't thought about a resolution yet, don't give up. Maybe it's time to make one that has the potential to stick. If you're often wondering how money slips out of your wallet, consider becoming the crash test dummy for better spending habits. Test drive some of these ideas below to develop better ones.

Be your own cheerleader.

Patting yourself on the back after following through on a behavior you want to increase goes a long way to help cement a behavior. Ginger Dean, psychotherapist and website owner of GirlsJustWannaHaveFunds.com explains the power of rewards: "When making smart money choices, celebrate them by rewarding yourself. Yes, make rewarding yourself a habit. For example, when you make it through a pay period and adhere to your spending plan, treat yourself to something nice that doesn't break the bank." She points out that this creates what we call positive reinforcement, which helps you connect good decisions with positive rewards.

According to research by Wendy Wood, a social psychologist and provost professor of psychology and business at the University of Southern California, a behavior only has to be rewarded initially to form a

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Retiring comfortably — never mind wealthy — may seem out of reach to many people, given current savings rates. Consider that median savings accumulated by workers ages 51 through 60 years is $49,000, while the number for people ages 30 through 40 is $30,000, according to professional services firm Towers Watson.

Don't let the statistics scare you. With a little advance planning and self-discipline, you can have a golden nest egg at retirement. Here's how:

Rule 1: Spend less than you earn

The formula for retiring rich starts with you actually putting money in the bank. Social Security alone isn't enough to have you living the good life during your golden years.

Money Talks News founder Stacy Johnson recommends you spend only 90 percent of the money you make and sock away the remaining 10 percent.

If you have zero savings right now, concentrate on building up an emergency fund in a savings account first. Once your rainy-day fund is full, put that 10 percent you're not spending into a dedicated retirement fund.

If you're currently spending more than 90 percent of your income each month, you may want to read about how to save $1,000 by summer.

Rule 2: Start

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For new cardholders and those just beginning their journeys into the complicated world of credit ratings and credit cards, managing and understanding the many types of credit cards and their terms can become confusing.

While several areas of life allow wiggle room for trial and error, credit scores are less forgiving.
It's very easy to make a simple mistake that can cost not just a significant drop in your credit score, but also thousands of dollars in the future. That's why it's important to beware of these five common mistakes millennials often make with credit cards.

1. Carrying Balances and Paying Just the Minimum

A common belief is that to build a positive credit rating, you have to get a credit card and also carry a balance from month to month. The problem, however, is that credit cards designed for new cardholders generally carry high APRs – as high as 25 percent. If you carry a balance from month to month and only pay your minimum monthly payment due, you are paying considerable cash in interest on purchases, which can potentially create a mountain of debt you can't pay down. Build your credit rating and save on

Often on the Internet can be seen attractive ads and offers on the stock exchange Forex. They often promise instant forex earning, millions of profits and little or no work. However, things are not quite so, and the real work on the stock exchange is a systematic and quite hard work. Earn Forex is realistic, but it is necessary to make certain efforts.

What is Forex currency market

In English the word - a composite comes from Foreign Exchange, «currency exchange». Foreign exchange transactions - is the foundation of the market, which operates around the clock to 2.00 Monday to Saturday 2.00.

Here, as in any other market, the process of buying and selling, but no goods and services, and currency. Principle: to buy more cheaply and then sell expensive. The difference between the buying and selling is called the margin, it is the trader's profit.

Today, thanks to Internet technologies, have access to the Forex everyone. To be there is any profit, you need to have a fairly large initial capital. The more you invest, the more profit can get later. Of course, not everyone can provide such funds, so there are middlemen - the brokers who provide players on the stock exchange

Food is among the most expensive costs in the average American family's budget. And we don't make it any easier on ourselves by dining out so often in restaurants.

In fact, the average U.S. consumer spends nearly one-third of his or her food dollars in restaurants, according to the U.S. Department of Agriculture.

By cutting back on dining out, and enjoying the occasional home-cooked meal — you remember those, right? — you can save a lot of money.

Following are nine great websites and apps that can help you save at the grocery store, or that suggest ways to stretch your ingredients further.

Cash-back and coupon websites and apps

1. iBotta: This app is a frugal favorite, and it's no wonder why: The app pays you cash back for groceries you need to purchase anyway.

Here is how it works: First, download the iBotta app. Then, look for deals on popular products. Once you find a deal you like, qualify for the offer by performing a simple activity, such as watching a video or filling out a survey.

Then, go to an eligible store — including Walmart, Target and many major grocery chains and drugstores — and purchase the item. After you have done so, take a

In a decade-long Prudential survey that studied the financial experiences of women, research data showed that since the 2008 financial crisis, women have made significant improvements in their financial behavior. Still, many continue to admit a lack of knowledge and understanding of sophisticated financial products.

That lack of knowledge causes more than 50% of women to rely on someone else to make financial decisions regarding their future. On the other hand, the study dispels several myths about female financial behavior, casting a more positive light on women's money habits.

Here are four common money misconceptions about women.

1. Women Are Impulse Shoppers

One of the most common misconceptions is that women are impulse shoppers. Data from the survey showed that often, the last-minute purchases referred to as impulse buys are made using funds already set aside within a budget. And the majority of respondents (70%) claimed to spend based on need, not wants.

2. Women Don't Know How to Manage Money

Most people don't fully understand money management — but that's a problem for both sexes, and not unique to women. However, a majority of women distrust the process of turning planning over to a financial professional — six in 10 prefer the help of family

Leasing is now more popular than ever. In fact, Millennial car buyers are leasing 46% more over the past five years because they are able to afford their dream car at a much lower cost. If you've thought about leasing a vehicle, then we've provided what you need to know before visiting the dealer.

Benefits of Leasing

You will pay for the car while you need it, and at the end of your lease, you'll simply return it.

There are a number of other benefits associated with leasing a vehicle, such as:
Lower repair costs, because the warranty will cover most of them.

  • Lower sales tax, since you'll only be responsible for paying sales tax on the portion of the car you finance.
  • Lower monthly payments compared to buying.
  • Typically, there is no down payment, or a very low down payment, required.
  • Fewer obligations — at the end of your contract, you simply turn in the keys and walk away.
  • New vehicles every few years. Once your lease term is up, you can choose a new lease and enjoy all the benefits and features of a new car. This also means that you can drive a better car for less money every month. On the other hand, you

Congratulations on your promotion! You've just made another step toward a successful future.

Still, this isn't the time to become complacent. A promotion comes along with new challenges and tasks. To help you make the very best out of your new job, here are the 10 money moves to make after a promotion.

1. Revisit Your Tax Withholding

Most promotions don't come with just a title upgrade, they come with a well-deserved raise. If that's your case, calculate whether or not you need to adjust your W-4 form and submit it to your HR department.

Let's assume that you file a joint return with your spouse and your combined taxable income was $90,000. Your tax due would be $18,293.75 ($5,156.25 + 25% of the amount over $37,450). After your promotion, your new combined taxable income is now $100,000. Your new tax bill is $21,071.25 ($18,481.25 + 28% of the amount over $90,750). Assuming no offsets to your salary bump and no changes to your W-4, you would be $2,777.50 short of your tax bill! (See also: Top Three Tax Facts to Know for 2016)

Use the IRS Withholding Calculator and determine if you need to update your W-4.

2. Calculate Vesting of Company Shares

Vested company shares

So you’re ready to start investing for your future, but you’re not sure how it might affect your tax bill. Believe it or not, there are a few clever ways to invest without having Uncle Sam reach even deeper into your pockets. They’re called tax-advantaged accounts and investments, and they are extremely popular with U.S. investors. These special accounts allow you enjoy either tax-deferred or (better yet) tax-free growth of your investments. To top it off, some of these plans offer tax-free distributions.

Whether you’re investing to pay for your child’s future college education or you want to build a nest egg to ensure a comfortable retirement, consider one of these four popular tax-advantaged plans:

Named after a section of the Internal Revenue Code, 401(k)s are defined-contribution plans sponsored by employers as a retirement investment vehicle. If your employer offers a 401(k), you can contribute a certain percentage of your income, which is automatically deducted from your paycheck on a pretax basis. (This means the amount you contribute to your 401(k) is exempt from current federal income tax.) Some employers offer matching contributions to your 401(k) plan, and they may also add a profit-sharing feature to the plan.

The major advantage

Debt consolidation is a common practice to manage multiple loans and debts in a more effective way by combining them into single consolidation loan. But there are a few factors and considerations that you need to look into before you sign up a loan to consolidate your debts. The basic 5 steps that you must go through in the consolidation process are:

Step 1: Get and check your credit report

Knowing where you stand and how much you have owed is the first step in solving your debt problem. The first thing you should have is your credit report. You can get one free from one of the credit bureaus in your country. In the report, you will know your credit rating, how much you have owned, to whom you owe the money to and where you stand financially.

Step 2: Find a reputable debt consolidation service

You have many choices in selecting a debt consolidation company to help you with a consolidation loan. But, it does you need to be aware that not all programs are created equally. When you shop around for the best debt consolidation package, you should particularly consider on how long the company have been in business, experience,

The finances of any association or business calls for the right accounting services which means getting the right person for the job as well as having the right tools for the job to make it easy to achieve the set goals.

Property management revolves around proper accounting practices as nothing can be done without funds and misuse of funds in this case could lead to serious consequences and possibly even losses for the property owner. Therefore it is necessary for you, as the property owner, to choose the right person for your accounting needs. You should have a management team with the necessary experience in and knowledge of the different aspects of the management of a property.

Choose a person who is more than an employee:

When searching for the right person for your accounting needs, it is important to choose a person who can provide a different perspective, especially when making decisions. The accountant you choose should be in a position to provide you with advice when you need it or let you know of better prospects for the property without simply agreeing with everything you say. However, you should still have the final say regarding all matters relating to the

Check out these 7 accounting tips before starting up a business and it will save you a lot of time and money which could have been wasted on getting messed with the complicated accounting steps.

The first golden rule is KISS- Keep it Simple Starting out.

A sole proprietorship is the most ideal for people who run their first business. This form of ownership does not require any special communication or filings to the Internal Revenue Service until you have your own employees and start paying them.As a sole proprietor, you are the only entity which might need an occupational license if your country or municipality mandates one. As the owner, you also have the liability to submit all state or city tax collections on retail or wholesale sales collected by your business.

Exemptions are usually applied to service businesses and most cross state sales.If you feel uncertain about personal liability as a sole proprietorship, consider the cheapest and simplest thing- to purchase a personal liability umbrella policy. The best way to stay away from liability is to learn your trade well and keep accurate records on your accounting systemPut your focus on building your business instead of communicating with the IRS.

1. A cashless society? Not so fast. From PayPal to Bitcoin to Samsung Pay (the newest contender among mobile wallets), advances in payment technology make pocket change look as if it’s headed for the history books. But according to a 2012 study from the Federal Reserve Bank of San Francisco, 40 percent of an average consumer’s transactions were in cash — more than for debit cards (25 percent), credit cards (17 percent), electronic payments (7 percent) and checks (7 percent). The number of notes in circulation has grown by about 5 percent per year since then, says Doug Conover, an author of the study.

2. Currency comes in handy. Most vending machines don’t take plastic, and cash works best for all small purchases. In the Federal Reserve study, consumers used cash for two-thirds of transactions smaller than $10 and for half of all payments of less than $50. Merchants are legally permitted to refuse plastic for transactions of less than $10, and they may provide a discount to customers who pay with cash. For most people, $50 or so is an adequate amount of cash to keep on hand, says Matt Schulz, senior industry analyst for CreditCards.com.
3. Hamiltons can’t

NEW YORK — When some 120 million employees start filling out their open enrollment choices this fall, they will be presented with the usual health, dental and vision options. But a slew of other voluntary benefits are now popping up, ranging from critical-illness coverage to pet insurance.

Some group deals your employer will offer are true group discounts. Others merely make it easier for employees to sign up for coverage but provide no real cost savings.

Spotting the difference between a good deal and merely a convenient one requires shopping around to know the market value of the policies you are considering, according to benefit consultants.

“Some of those policies are going to be a perfect fit and valuable, and other things are not going to be useful,” says Jennifer Benz, who runs her own benefits firm based in San Francisco.

Here is what you need to know before you sign up:

Supplements Matter

For employees with a high-deductible health plan, which now accounts for about 25 percent of the workforce, a supplemental policy like critical illness insurance (for cancer and other major illnesses) can be helpful as a hedge, said Karen Frost, senior vice president of health strategies and solutions for Aon Hewitt, a benefits

Many couples claim to live by the axiom of “what’s mine is yours and what’s yours is mine,” and opening a joint bank account represents one way to put that into practice. With a joint account, both partners have access to the funds and can make deposits and withdrawals. Both are also liable for bounced checks, overdraft fees or any other charges and expenses associated with the account.

Sometimes having a joint account makes sense for couples, since covering shared expenses is easier. And, for couples on the same banking and budgetary page, a joint checking account can help build trust, accountability and bank balances toward mutual monetary goals. But there are cases when opening a joint account can be a bad idea.

Here are some warning signs you shouldn’t get a joint bank account and why you might want to wait.

1. You Aren’t Married

“I hate to sound old fashioned, but there are legal ramifications beyond the warm fuzziness of sharing your names on checks. If you’re not married, and this is the way you’re showing a commitment to each other, reconsider the show of affection,” said April Masini, an author and relationship expert at AskApril.com. “Jewelry is a nice gesture

On February 1st, the World Health Organization (WHO) took the unusual step of declaring an international public health emergency regarding the mosquito-borne Zika virus and its suspected link to the birth defect microcephaly. The move by WHO highlights the seriousness of the outbreak, coordinates the global effort against the virus and helps countries where it has shown up – the U.S Centers for Disease Control and Prevention (CDC) now lists more than 30, mostly in the Caribbean and South America – to get access to the funding they need to fight Zika.

Brazil was the first country to raise the alarm last May, when the current outbreak began. Doctors first noticed an increase in Guillain-Barré syndrome, a rare autoimmune disorder. Then, in October, there was a surge in the number of babies born with microcephaly, a birth defect that results in an unusually small head and in most cases, some degree of brain damage. As of late January 2016, 4,180 cases had been reported in Brazil, according to the Washington Post, which also noted that some may not end up being microcephaly or Zika-linked. WHO estimates four million people worldwide could be infected by the end of the year. In March

No one buys a house with their spouse expecting to get divorced, but unfortunately sometimes that’s what happens. You might be ready to break free from your romantic relationship, but sometimes a marital mortgage is not as easy to divorce. As far as your mortgage lender is concerned, you are still married and liable for the house unless you refinance or sell.

Here are a few things every couple in the midst of divorce needs to know when it comes to splitting up the mortgage. (Don’t miss this read: Get Through Divorce With Your Finances Intact.)

Selling the House is the Easy Option

The easiest solution is to sell the house in the case of a divorce. However, this solution is easier said than done, especially when there are emotions and children involved.

Ultimately, it is best to set emotions aside, and to think about your finances. Both parties will be better off financially if you sell the house and split the difference. This way you can both make start fresh with a new mortgage and not have to bother with tricky liability issues.

Refinancing in a Divorce is Possible

Refinancing the house in one spouse’s name is another option, as long as you do not

The rules and compliance headaches that come with using a broker-dealer have caused many independent financial advisors to move to a registered investment advisor (RIA) platform that affords them greater freedom and fewer compliance trip wires. But this transition must be handled with great care in order to minimize potential errors and unforeseen circumstances.

Here are several steps that you can take to help ensure that your company makes a smooth transition into the RIA arena and protects both you and your clientele. (For related reading, see: RIAs and Brokers: What’s the Difference?)

Due Diligence

Before you do anything else, look around at other RIA shops to see how they operate. Talk to some of them to find out what issues they encountered when they switched and how their clients reacted to the change. Try to get a feel for the different types of platforms and approaches there are available to advisors in this sector and how well they fit with your style of management. And, of course, make certain that any platform that you move to has all of the products and services that your clients will need, such as alternative offerings, private equity and other money management services.

If your clients will

WASHINGTON — September marked a slowdown in Americans signing contracts to buy homes, the second consecutive decline for a real estate market that has been rebounding for the first half of 2015.

The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index dropped 2.3 percent to 106.8 last month. The index has risen 3 percent over the past 12 months, aided by solid hiring levels and low mortgage rates that fueled stronger demand during the traditional summer buying season.

But evidence of fading momentum has surfaced in recent months. Sales of newly built homes fell 11.5 percent last month, as choppy financial markets and rising home prices are creating affordability pressures for would-be buyers. The strong demand for housing due to stronger job market — with unemployment at a robust 5.1 percent — has failed to produce an influx of new listings that could help sales.
Pending sales are a barometer of future purchases. A lag of a month or two usually exists between a contract and a completed sale. Signed contracts fell in the Northeast, Midwest and South last month, while slipping slightly in the West.

Over the past 12 months, sales of existing homes have