Asking "where's my tax refund?" Know the timeline for getting your refund, from filing your return to the direct deposit in your bank account. Find out how e-filing and choosing direct deposit can speed up the process.
If you can buckle down, cut out as many discretionary expenses as possible and increase the amount of money you save each month, you’ll gain momentum toward your retirement goals faster than you think. This may require discipline, but it can be one of the best ways to catch up on retir...
Picture this: Five years ago, Sh1,000 could buy you cooking oil, sugar, rice, and perhaps some groceries. However, now, the same amount can only buy you a 2kg packet of sugar and 2 litres of cooking oil. This demonstrates how inflation affects us all. As an i...
this: For a high degree of confidence that you can cover a consistent amount of expenses in retirement (i.e., it should work 90% of the time), aim to withdraw no more than 4% to 5% of your savings in the first year of retirement, and then adjust the amount every year for ...
Too much in stocks can increase your risk of loss—too little can undermine growth potential. Aim to have a diversified mix of investments. At least once a year, take a look at your investments and make sure you have the right amount of stocks, bonds, and cash to stay on track to ...
You can adjust your Cookies preferences, object to legitimate interests, or revoke your consent at any time by clicking on the “Cookies Choices” link at the bottom of this site. Your preferences will apply to this site only and are browser and device-specific. ...
Having too much tax withheld can mean smaller paychecks, but a bigger tax refund. Too little tax withheld could mean owing a bill at tax time. It's about getting just the right amount. "A tax refund is not necessarily a good thing, especially if it's huge," says Rob Williams, manag...
What to Do if You Fall Behind on Bills The most important thing you should do is stay in touch with your creditors and prioritize your payments. Geoff WilliamsJan. 22, 2025 7 Signs You're Making a Bad Money Move Don't ignore these warning signs of money mismanagement or financial risk....
Those who are just starting to save for retirement alsoneed to consider investment risk. Ask yourself: What’s the likelihood that I’m going to lose a substantial portion of my money? Novice savers and investors should be realistic aboutrisk. While any amount of savings is a good start, ...
More sophisticated strategies can create large tax losses while still making money. Certain complex investment strategies can generate tax losses of over 100% of the amount initially invested while still providing positive returns before taxes, especially within two to three years.711 ...