Retirees Would Return to Work Under the Right Conditions

More Than Half Of Retirees Would Return to Work Under the Right Conditions

Are you planning to work in retirement? If so, is it because you need money? The recent American Working Conditions Survey (AWCS) from the Rand Corporation think tank suggests another reason – you want to be there.

A Rand brief on the AWCS survey compared working conditions and expectations of older workers (age 50 and up) to those of workers in their prime working years (ages 35 to 49).

Over half of those aged fifty and above who weren’t working or looking for work said they would return to work under the right conditions – but what are those conditions? Do they match up well with today’s workplace?
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4 Smart Steps to Take If You’re Stressed About Taxes

Tax season is one of the most stressful times of the year for everyone. Whether you are an accountant who is working over 80 hours per week or a single mother who is trying to file taxes and take care of children at the same time, it’s a time of year that is stressful for all types of people in all situations. But the stress doesn’t have to take over your life! Here are four steps you can take to help ease the stress of filing taxes.

File Early

One of the easiest ways to avoid stress during the tax season is to file your taxes early. Waiting to file your taxes until closer to the deadline increases your chances of missing a deduction or making a mistake, so taking your time will benefit you in many ways. One other benefit is that the sooner you file, the sooner you’ll receive your refund! You’ll also avoid having to pay a penalty fine for filing late.

Take Care of Your Body

Whether it’s because of long hours or because of stress eating, you’re most likely going to be doing a lot of snacking during tax season. One way to help yourself feel well throughout the whole process is to eat right, drink enough water, and get enough sleep. Good snack options include fruits, vegetables, and salads, which are all pretty simple to prepare and take to the office or keep at home. Keeping up healthy eating habits throughout your tax season will help your mind stay alert and will keep your energy levels up.

Figure Out a Payment Plan

Image via Flickr by CreditDebitPro

Another common source of stress during tax season is having to pay off any debts that may be owed to the IRS. By setting up a payment plan, the stress of having to pay off potential debt can become significantly decreased. If your debt is less than $50,000, you may qualify for a payment plan through the IRS directly, which is cheaper and more convenient than other payment plans out there. You can apply for this payment plan online.

File for an Extension

If you’re getting down to the wire and think you need more time to finish your taxes, you can file for an extension from the IRS. Anyone is eligible for a six-month extension by filling out the appropriate paperwork and submitting it to the IRS. Filing for this extension will keep you from having to pay any penalty fees, which can help eliminate extra stress. Some people are exempt from having to ask for more time to file their taxes, so check the IRS website to see if this exemption applies to you.

There are many stresses that come with tax season that everyone deals with. By following these steps, however, you can avoid any extra stress that may come from this time of year. Knowing your payment options as well as your IRS tax relief options will be a great benefit to you in the coming tax season. If you have major problems with your taxes, contact a professional. He or she will help you figure out the best way to take care of your taxes.



Only 37% Of Millennials Have Retirement Accounts

 Few millennials Have Retirement Accounts -- New Study Shows Lack of Retirement Preparation
Who’s thinking about retirement when they’re young? Only about a third of millennials have retirement accounts.

They’re typically not a priority for young workers – but they should be. That’s precisely the time to take the greatest advantage of compounding interest by contributing as much as your fledgling budget can afford.

A new study from the University of Missouri suggests that millennials, the youngest working generation, are not sufficiently preparing for retirement.

Few Millennials Have Retirement Accounts

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Matt Harvey’s Net Worth

The 2018 MLB season is almost a quarter of the way over.  While there is still a lot of baseball to be played, headlines have been made thus far.  One of these headlines deals with the trade of pitcher Matt Harvey.  Harvey had spent his entire professional baseball career with the New York Mets until earlier this month.  On May 8, 2018, the New York Mets traded their pitcher to the Cincinnati Reds.  Matt Harvey’s net worth sits at approximately $7 million.

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MLB Pitcher Matt Harvey

Matt Harvey is a former seventh overall pick in the 2010 MLB draft out of North Carolina.  His signing bonus right out of college exceeded $2.5 million.  This initial signing bonus started the ascension of Matt Harvey’s net worth throughout his MLB career.  He spent some time with the Mets minor league organizations before being called up during the 2012 season.  He started ten games that year and impressed his coaches and fellow players with a 2.73 ERA (earned run average).

Matt continued to improve upon his rookie campaign and over the next two seasons played was a full time starter in the Mets rotation.  In 2015, he set career bests in innings pitched (189.1) and wins in a season (13).  He also won the NL Comeback Player of the Year award during the 2015 campaign.  This was due to the fact he missed the entire 2014 season because of Tommy John Surgery.

Although he is only beginning his fifth full season of pitching in the MLB, Matt Harvey has yet to sign a massive contract that many pitchers enjoy.  He will be making a little more than $5.5 million this season which helps boost Matt Harvey’s net worth.  If he is able to turn in a respectable season, then the Reds or any other team, will have the opportunity to sign him to a new contract this offseason.

At the conclusion of this season, Harvey’s career MLB earning will be just shy of the $20 million mark.  While this might seem like a large chunk of change to many Americans, it fails in comparison to what some MLB pitchers are earning.  For example, Clayton Kershaw will earn over $35 million in salary this year alone.

No matter what happens at the conclusion of these season, one can expect for Matt Harvey to be pitching as a starter in the MLB next year.  A long term contract is most likely in his very near future, and it is this contract that should be able to push Matt Harvey’s net worth into the eight figure range.  It will be interesting to see how the Cincinnati Reds plan on using Harvey this season.  They already have a full pitching staff along with a starting rotation.  Regardless of where he’ll fit in, Harvey should enjoy the lower state income tax rates he’ll be paying in Ohio versus New York.

Budget Smart, Invest Wise

Do You Have to Deal With Harassment From Debt Collectors?

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Debt is nothing new to most Americans. In fact,’s guide shows that, about a third of Americans have debt in collections. So, if you’re in debt, and you feel like you’re alone, don’t worry… you’re not! There’s another common misconception associated with debt that needs to be debunked. That misconception is that if you’re in debt, you have to deal with the harassment associated with debt collectors looking to cash in on money you simply don’t have!

Introducing The Fair Debt Collection Practices Act

Debt collectors have gotten out of hand in the past, and chances are that they will do so in the future. That’s why, on September 20, 1977, the Fair Debt Collection Practices Act (FDCPA) was created. Essentially, the act was a set of regulatory rules with regard to how debt collectors can legally go about collecting debt before it becomes a harassment issue. Since its creation, the FDCPA has been amended, but its sole purpose has never changed. That purpose is to protect the rights of borrowers. Here are the most important ways in which the FDCPA protects borrowers:


  • When Collectors Can Call – You may think that debt collectors can call whenever they want to. However, that couldn’t be further from the truth. In fact, unless you agree to it, debt collectors are not allowed to call you before 8:00 a.m. or after 9:00 p.m.
  • You Can Make Debt Collectors Stop Calling – While it’s a good idea to talk to a debt collector that calls you at least once to get an idea of why they’re calling, you can actually force them to stop calling you at any time. All you need to do is tell them in writing. When doing so, write a letter telling the collector that you do not want them calling you anymore. After making a copy of the letter, send the original draft via certified mail and pay for a return receipt. This gives you the ability to document that you told them to stop calling and puts them on notice that you’re not playing any games!
  • How Collectors Can Go About Collecting – The FDCPA also provides for a slew of ways in which collectors cannot try to collect. For instance, harassment, including threats, publication of debts to the public, obscene language and repeatedly using the phone to annoy borrowers is illegal. Also, collectors may not use false statements, use statements insinuating legal repercussions or move forward with otherwise unfair practices in the collection of a debt.


What To Do If A Collector Has Broken These Laws

If a debt collector has broken the rules with regard to the FDCPA, you don’t have to sit back and accept the harassment. Instead, you can fight back. To do so, start by contacting the debt collector in writing stating the ways that they have broken the law according to the FDCPA and demand that the harassment comes to an end. Usually, this will be enough to silence collector for good. However, if it’s not, it’s also not your last step.

If the debt collector ignores your requests to end harassment in the attempt to collect a debt, it’s time to move on to further action. First and foremost, give the Attorney General a call. If you’re not quite sure who the Attorney General is in your area, here’s a great resource for figuring that out.

Once you’ve reached out to the Attorney General, if the harassment continues, it’s time to reach out to an attorney. That’s right, there can be monetary repercussions to debt collectors that don’t follow the rules, and if your rights have been ignored, an attorney can help you sue for damages. A great way to find an attorney to help is to call the state Bar in your area. Every state Bar will have an attorney referral service that is free to use and will point you in the right direction.

Final Thoughts

When you’re in debt, you may feel as though collectors are free to do as they will until you pay. However, that’s not the case. By knowing your rights, you can be sure that debt collectors don’t ignore them. So, if you’re being harassed, today is the day to put an end to it!


Tips to Reduce Your Business Debt

If your small business has fallen into some financial peril, it might be time to regroup. Maybe you haven’t managed your credit effectively. Or, have you been overusing your business funds for personal things?

Something has to be done, but relax. There are options available, and your calm but proactive response will help turn things around before you know it.

So here are some tips to reduce your business debt.

  • Check the budget

This is the very first place you should go. Identify everything that comes in, and everything that goes out. Subtract the outgo from the income. Where are you sitting?

Examine the outgo items closely. Can funds from any of these items be redirected to the more important ones?

Ideally, if  you have an accountant, he or she should be making you aware of these things. But maybe it’s just that you haven’t taken them seriously.

If you have been handling the accounting yourself, then consider getting some help. However, if you’re good with a computer, consider getting some accounting software.

Finally, if you don’t have a visible budget, start creating one immediately.

  • Prioritize

Now that you have examined and reexamined your budget, it’s now getting close to the time to take action. It boils down to your business priorities.

Subscriptions and memberships can be helpful, but only if you’re using them. If you’re not using these things, cancel them. That money can go to better use in your budget.

Don’t even think about buying a work truck in this situation. Consider leasing one. Check out leasing companies like or other similar services and see if they can help you save some money.

The point here is to look for expenses that are not important enough to allow your business to go into financial ruin.

  • Make more money

Maybe you were hoping we’d say this! It’s true, though. Cutting costs is a big part of the picture, but you also have to keep working to bring in revenue.

Find a way to increase your sales. Collaborate with your staff to get ideas. Maybe you could mark some items down, or charge a bit less for your services and sell more jobs.

Caution: Don’t decrease your fees too much. You could actually put yourself in a worse position by losing money.

One word on accounts receivables. Don’t be too relaxed when it comes to getting your customers paying their bills. Get you’re A/R staff on the case and have them step up collection efforts. Be firm and tactful, but get it done.

  • Talk to your creditors

Maybe your situation is such that you’re falling behind in your monthly obligations. Just as you would with your personal accounts, get in contact with your business creditors. Explain the situation to them without giving them too much detail. Just keep the lines of communication open, assuring them that you have a plan to turn things around.

  • Get help

Sometimes despite your genuine, diligent efforts could fall short. At this point, you need some help, which you can get from a firm that specializes in debt-restructuring.

They will negotiate with your creditors, including your payments. You can be sure they will set up automatic withdrawals from your account to make sure the agreement is honored.

The alternative to this is an even more expensive bankruptcy. Think about it.

Okay, so things got out of hand. But don’t let your dream disappear. Just take responsibility, get proactive, and if necessary accept any help available.

If you put any of these tips to use, you should be able to curb your business debt in no time.


Kenneth Faried’s Net Worth

While the National Basketball League is currently in the middle of the playoffs, many teams are sitting at home forced to watch it on TV.  One of those teams is the Denver Nuggets.  Although the Nuggets finished the regular season ten games above .500, they missed out on the playoffs by a mere victory.  Part of the reason they fell short of the playoffs could be attributed to the absence of Kenneth Faried.  Kenneth was plagued by injuries throughout the season, only appearing in 32 contests for the Nuggets.  What is Kenneth Faried’s net worth?  Kenneth Faried’s net worth currently tops out at $11 million.

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Kenneth Faried’s Net Worth

Nicknamed the “Manimal”, Faried was drafted by the Denver Nuggets in the first round of the 2011 NBA draft.  Although he wasn’t widely known in college, Kenneth excelled as a top player for Morehead State.  In his senior season, he averaged a double-double and led the NCAA in rebounds for the year.

His rookie season got off to a slow start, but he eventually started to see his minutes increase due to the injuries of others.  He averaged over ten points and seven rebounds a game in his rookie season leading him to be named to the NBA All-Rookie First Team.  In his first season with the Nuggets, Kenneth Faried earned just over $1 million in salary; however, it would be a later extension that gave rise to Kenneth Faried’s net worth.

Faried continued his strong play during the first four seasons of his career.  This eventually led to him signing a four year $50 million extension with the Nuggets.  It was this contract that helped push Kenneth Faried’s net worth to the eight figure mark.

Despite having much success at the beginning of his professional career, many worry that Faried is now past his prime.  Even though he is only 28 years of age, his statistics have steadily dropped over the past two seasons.  For the 2017-2018 basketball season, he averaged a career low in points per game and rebounds per game.

The Denver Nuggets have one year remaining on the contract for their power forward.  Faried is scheduled to make nearly $14 million next season.  Many in the basketball world have speculated that the Nuggets might look to trade Kenneth during the offseason to help free up some cap space.

Assuming he is able to play the entirety of the 2018-2019 NBA season for his guaranteed contract, we expect Kenneth Faried’s net worth to increase by approximately $4 million.  It is an unfortunate thing that Kenneth’s play is beginning to go downhill at this point in his career.  We have seen many professional athletes ink enormous contracts with the ever-growing cap space.

Other NBA players net worth:

Klay Thompson’s Net Worth

Giannis Antetokonmpo’s Net Worth

The Things You Need To Know About Forex Trading

You’ve probably heard about the online trading of foreign currencies, right? You probably have, and if you wonder why they do that, it can be for a variety of reasons. But the most common reason for people buying and selling of foreign currencies, it is in the foreign exchange trading. If this term is now ringing, it’s no surprise. There are many people these days, to venture into the unpredictable world of forex market, while there are several kinds of risks with this, why is it that they still bother to engage in forex trading?

In the past, the forex market for central banks to open the national governments and large multinational corporations. They had to operate in foreign exchange to compensate for differences to help in the foreign exchange rates. They also needed to act foreign currencies, because it does not always mean that the dollar is used in the exchange of goods and services. It is also very rare that we have a 1:1 ration to see the value of the U.S. dollar and foreign currency. Situations like this required the exchange of foreign currencies and has led to the current existence of the foreign exchange market. Over the years, several changes in the foreign exchange market and finally it has happened its doors to individual speculators, brokers and small-time dealers opened.

Know About Forex Trading

It also allowed people to trade, without being physically present in certain commercial activities, hub and this contributed much to contribute to their popularity. In fact, you can participate in the trading day, as long as there is internet access and what you can do so practical 24 hours, 7 days a week. This trading market also allows trades people involved with only a fraction of the necessary investments in stock trading. It really does not matter if you save only $50, you can already participate in small-time foreign exchange trading.

The relatively low level of investment needed has encouraged many people to participate in trading foreign exchange, while still focusing on the day jobs. And when market trading losses are part of the regular course of things in this, so are the profits. You can never tell exactly when a trade is good or bad, we can say that this form of trade is a gamble. However, just because currency trading is a gamble, does not mean it’s okay to be as reckless trading. While the market promises handsome returns, we also need to exercise caution while trading, so that we end up not to lose all our investments.

Need a Forex account? Sign up here if you don’t have one, it is easy to get started once you’ve found the ideal trading platform. What’s more, you have some great tips on the important aspects of Forex trading. Good luck!