Tag Archives planning

How To Estimate Your Taxes Under The New Tax Bill

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The most commonly asked question regarding the new tax reform bill that went into effect at the beginning of the year is, “How will it affect me?” Since everyone’s situation is different, no amount of searching on Google is going to give you the right answer.

 

The most accurate answer you can find will come from doing calculations based on your 2017 tax return. If you anticipate being in the same, or a similar, financial situation for 2018 as you were for 2017, then you can get a pretty good estimate of this coming year’s tax bill by looking at last years’ numbers. Here is how to do it:

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How To Make The Best Financial Decision Every Time

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Today is the beginning of a brand new year, a fresh start. For many people, now is the time to leave the regrets of 2017 behind and do better in the year to come. Millions of people all over America are making New Year’s resolutions to do better financially.

 

How about you? Would you like to improve your finances in 2018? I’ll help you. Your current finances are the result of decisions, both large and small, that you have been making your entire adult life. If you want to make a change in your financial life, you’ll need to change the way you make decisions.

 

Today, I’m going to show you how to make better financial decisions.

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Are You Financially Prepared For An Emergency?

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From hurricanes to fires, people all over the nation have been finding themselves in emergency situations this year. What if next year is your turn? Are you financially prepared for an emergency? What steps can you take to become prepared?

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Act Now For Your 2018 Clergy Housing Allowance

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As a pastor, one of your greatest earthly rewards is the clergy housing allowance. Though it’s nothing compared to the rewards you’re piling up in heaven, it is definitely something that should not be overlooked.

 

Here are some things to remember as you prepare your 2018 clergy housing allowance request:

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Welcome To The Sandwich Generation: Caring For Aging Parents

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Two weeks ago I introduced you to your new generation. No longer are we Millennials, Gen Xers or Baby Boomers. We are now united in our responsibilities towards both our parents and kids at the same time. We are the Sandwich Generation. And being a part of this generation can be pretty rough.

 

It can be financially, emotionally, and physically draining to have your kids and parents both depending on you. Luckily, there are some things that you can do to ease the burden. Last week, we saw how understanding your options, setting clear expectations and boundaries, and making a plan can look when it comes to college-bound kids. Now let’s see how those same principles apply to your parents:

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Welcome To The Sandwich Generation: Launching Your Children Into Adulthood

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Last week, we discussed what it means to be a member of the Sandwich Generation, those adults who are responsible for bringing up their own children and for the care of their aging parents. We discussed how hard it can be to navigate caring for two very different generations without risking your relationships, finances, or sanity.

 

Today, we are going to talk about the younger generation, the bottom bread in the sandwich. While strollers and soccer clubs can be pretty spendy, for most parents their greatest financial burden comes when it’s time for their kids to go to college. This is where many parents really mess up their finances and put their own futures at risk.

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How To Calculate How Much Life Insurance You Need

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It’s Life Insurance Awareness Month! I’ll be you weren’t aware of that. It’s ok, neither was I until this morning.

 

In honor of Life Insurance Awareness Month, I am going to finish off the month talking about…

 

Yep, you guessed it! Life Insurance!

 

Common Rule Of Thumb

If you’re reading this blog, you probably already understand the value of life insurance. You want your family taken care of if anything happens to you. You already know the why. Your big question is probably more along the lines of how much. How much life insurance do I need?

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