Saturday, February 14, 2015

Budget Blunders to Avoid

1. Don't live without a safety net... Make sure that you have an emergency fund set up.
2. Don't ignore your retirement... Start setting aside some money from each paycheck today.
3. Don't put a savings account in your child's name... Instead set up a 529 plan for your child, which is tax free as long as it pays for college expenses.
4. Don't overlook any tax savings that you may be eligible for... Take some time to investigate this today.
5. Don't pass up an FSA (healthcare flexible spending account)... You could be missing out on a lot of savings here.

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