Category: Finance
What is a High-Yield Savings Account?
A high yield savings account is a savings account that pays at a higher interest rate than a traditional savings account. Financial institutions and online banks are most companies that offer these. Opportunity for your money to grow, while being an FDIC insured account, per insured bank. Today high yield savings account rates can range…
State Income Tax Rates 2023
Although every state charges taxes, the factor that may change is how. The state income tax rate changes from state to state, from 0% upto 13.3%. When moving from state to state or city to city reviewing the difference in taxes may allow you to make living adjustments before its too late. Table Breakdown The…
2024 Tax Bracket
Wondering what the your taxes could be? 2024 federal tax brackets are for filing in 2025. Understanding what your taxes could be, can help you set enough money aside if needed to pay your taxes. The four different tax brackets are single filers, married filing seperatly, married joint or qualifying surving spouse, and head of…
What is a Credit Card and What to Know
Credit cards are a piece of plastic card that provide the holder with a line of credit allowing the holder to purchases goods and services. This line of credit must be paid back just like anyother loan. A person or business will need the financial institition to approve a credit limit. What factors into approval…
Living Below Your Means
Living below your means is to spend less money than you make. How could it help? Learning to live below your means before retirement is a smart choice to be able to save more. Give yourself more flexibility later in life, learning is not all about now in the same moment it’s not all about…
2023 Capital Gains Tax Bracket
The 2023 capital gains tax bracket for the federal governement. Capital Gains, there are two types short-term and long-term capital gains. Long-term capital gains are capital assets held for more than a year and a day, short-term held are less than a year. Capital Assets are considered stocks, bonds, homes, cars, furniture, any items that…
