News 

If you thought Tom Price’s $300K in private flights was bad, you won’t believe his other expenses

“The U.S. Health and Human Services Secretary Tom Price’s vice just happens to be spending at least $300,000 of taxpayer money on private jets” writes Max Knoblauch for mashable.com. Unfortunately, if you’re going to be upset about the reported 24 private flights Price (who once railed against such expenses) has taken since May, you’re overlooking a TON of other things he’s wasting even more taxpayer money on. Source: mashable.com Share This:

Read More
News 

How millennials got a 6-figure start on retirement saving

“Whatever you believe about their financial habits, some millennials at least are sitting on six-figure retirement accounts” writes Arielle O’shea for seattletimes.com. Both will allocate your money according to your age and expected retirement date. “The first step toward saving enough for retirement is to look at your recurring expenses,” LaPean says. “Can they be lower?. Keeping costs down means you’ll need less money for retirement and your budget will have some breathing room to meet your goals.That means more than two-thirds of these millennials aren’t saving “enough” by most…

Read More
News 

Thinking of using Medicaid for long-term care? Here’s how selling a home can affect eligibility.

“Can Medicaid penalize them if they sell their second home for the value of the mortgage, which is around $30,000?” reports washingtonpost.com. Medicaid will see what assets the patient has sold, given away or disposed of during the five previous years.But Medicaid wants to make sure that the patient has not given away assets that could be used for the care of the patient. Source: washingtonpost.com Share This:

Read More
News 

5 ways retirees can slash their expenses

“One of the single best ways to make your retirement savings last longer is to lower your cost of living” writes Aol Staff for aol.com. Consider trying one or more of these options to slash your living expenses and protect your future.Seniors and retirees are eligible for a bigger standard deduction and may also have access to tax breaks for things like qualifying health expenses, investment expenses, and Medicare premiums. Source: aol.com Share This:

Read More
News 

Americans are making a big personal finance mistake

“In addition, several websites offer truly free credit reports, but there are a few caveats” writes Matthew Frankel for aol.com. However, the same report also found that 84% of Americans think (correctly) that they should check their credit reports more often.Perhaps the biggest reason to check your credit report often is to be able to quickly detect identity theft.If you’re among the nearly six in 10 Americans who checks their credit report just once per year or not at all, here’s why you should consider checking it more often.Only 41%…

Read More
News 

White House to begin tax reform push next week

“Starting next week the president’s agenda and calendar is going to revolve around tax reform” writes Aol Staff for aol.com. “We are completely engaged in tax reform,” Cohn told the FT in an interview.He will start being on the road making major addresses justifying the reasoning for tax reform.”. “The key point is this: tax reform is the White House’s number one focus right now,” he added.He added that this would be in September, before tax reform legislation. Source: aol.com Share This:

Read More
News 

Put it on the Brexit bill: EU expenses row as it emerges Juncker spent £24,000 on private flight to Rome 

“The flight by “air taxi” was revealed in travel expenses for the first two months of 2016, which were published today” writes Asa Bennett for telegraph.co.uk. The commission attempted to stop the travel expenses being published but a Spanish campaign group forced the disclosure of accounts. Source: telegraph.co.uk Share This:

Read More