Last year, you thought ahead and contributed more towards your taxes than required. Now, you get to reap the rewards of your tax refund! It’s exciting to get some extra cash in your pocket, especially when you see the positive result of your contributions and the profit you have created. While the cash may be tempting to spend, you know you want to be smart about how you spend it. And, since you feel good about the final amount of your refund, you want to feel equally good about where that money goes. This is a great opportunity to reward yourself by taking care of your finances, buying smart, and maximizing the benefit of your refund. Here are some important ways to think about paying yourself first, and ideas on how to get the most out of your purchases.
If you’re avoiding picking up the broom and mop this spring, start the season off right with a spring clean of your finances. Dust off your checklists, organize your documents, and get your budget plan squeaky clean. Who said spring cleaning is just for the home? We have 7 ways to spring clean your finances.
We have all experienced what it feels like to save early on, from protecting our tooth-fairy loonies to receiving our first wallet. Later, financial advice came in the form of family, friends, co-workers, professionals, and even mentors who provided us with their tips and tricks to keep the funds in our pockets. We asked six members of our Invisor team for the best financial advice they have ever received. Here’s what they had to say.
Q1 was the 6th most volatile quarter in the past 60 years. The S&P registered 26 days with greater than a 1% move. While the above average levels of volatility don’t portend any future direction for stocks, the current global environment gives us no reason to expect lower volatility going forward.