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Save Money and Invest Wisely with These Tips from MyMoney.Gov

August 21, 2014 by

Most people know the importance of putting money aside in case of a rainy day, but investing your money well is also a wise move. With these expert tips from MyMoney.gov, you’ll learn how to earn, save, invest, protect, and grow your nest egg.

Here are some of MyMoney.gov's tips:

  • Start and maintain a savings account in addition to a checking account.
  • Pay yourself first! Set aside some money from each paycheck to save.
  • Keep a budget to track your income, expenses, and savings.
  • Maintain a mix of short term savings goals (like buying a new car) and long term goals like funding your retirement.

For more information about saving for life events like marriage or retirement or investing topics like mutual funds, IRA plans, and 401(k) plans, visit the MyMoney.gov website.

Save and Invest [MyMoney.gov]

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IRS Tips for Managing Your Tax Records

February 20, 2014 by

You file your taxes every year, but do you feel confident in the records you keep afterward? Keeping accurate tax records is an important part of maintaining your financial stability. These helpful tips from the IRS will show you how to maintain your tax records. Here are some of the IRS's tips:

  • The IRS recommends that you keep your tax records for 3 years.
  • Hold on to documents related to the purchase or investments and retirement accounts for more than 3 years.
  • Although the IRS doesn’t require you to keep your records in a specific format, as a general rule you should keep anything that could possibly have an impact on your federal tax return.
  • To support deductions or credits you claim on your tax return, you should keep records of bills, credit card statements, receipts, invoices, mileage logs, cancelled or substitute checks and proofs of payment of any kind.

For more tips, visit the IRS website!

Tips for Managing Your Tax Records [IRS]

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Learn the Health Benefits of Increasing Your Physical Activity

January 22, 2014 by

When you become more active, you take control of more than just your weight. Running, biking, walking, lifting weights, swimming and any other physical activities help you to stay in shape, but they also offer numerous additional health benefits. This helpful page from the CDC explains the many benefits of exercise, including things like:

Reduce Your Risk of Heart Disease
Just two and a half hours of aerobic exercise each week can greatly reduce your risk of heart disease.

Reduce Your Risk for Diabetes
Regular physical activity can also help control the glucose levels that are affected by Type 2 diabetes. It also reduces your risk of developing high blood bressure and high blood sugar.

Reduce Your Risk of Cancer
If those health benefits weren’t enough, regular physical activity even reduces your risk for certain types of cancer. Some studies show that people who exercise more show decreased incidence of common cancers.

To see more health benefits from regular exercise, visit the CDC website.

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Discover Delightful Pumpkin Recipes from These Cooking Sites

December 18, 2013 by

You’ve waited all year for pumpkin foods to return, and now that it’s finally winter you’ll need a great supply of recipes to keep your pumpkin cravings covered. These websites are full of delicious ideas for incorporating pumpkin into soups, desserts, and even lasagnas that your friends and family will love.

All Recipes
This online guide to cooking with pumpkin is full of everything you’ll need to know about everyone’s favorite cold-weather food. Here you’ll learn how to prepare pumpkin for cooking, types of pumpkin to use, and the health benefits of this delicious fruit. After brushing up your pumpkin knowledge, All Recipes provides recipes for soups and stews, main dishes, savory sides, and mouth-watering desserts with pumpkin as the main ingredient.

Joy of Baking
The Joy of Baking website is the perfect place to find pumpkin desserts and baked goods that you can make at home. This site utilizes video tutorials to show visitors the proper techniques to use while baking, easy-to-follow recipes for every occasion, and beautiful photographs of the finished products.

Epicurious
Epicurious offers over 300 different pumpkin recipes for everything from winter afternoon lunches to festive desserts, all offering unique, creative twists on this beloved flavor. From Pumpkin Flan with Pumpkin Seed Praline to Pumpkin, Feta and Cilantro Quesadillas, these recipes are fun ways to depart from your usual pumpkin pie.

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