Myth: My expenses will go down when I retire so I don't need to save as much for retirement. Truth: With inflation, taxes and medical bills, your expenses will go up when you retire so you need to be prepared! Quite a few financial planners out there recommend a future nest egg value that will …
Money Myths
The Lottery is Not Your Best Chance for Financial Security
Myth: Lottery is my best chance of becoming a millionaire. You can't win if you don't play! Truth: You won't win if you do play. Lottery is a tax on the poor. Let's look at the facts here. You've probably heard that you are three times more likely to be struck by lightning than to win the …
Don’t Be a Fool: How to Avoid Popular Tax Scams
A tax scam you need to know about, and how to avoid popular tax scams. Written by Matt Wegner Founder and Lead Counselor, Matt Wegner Financial Coaching, www.financialexcellence.net There are many people looking to steal your money: here's how to avoid popular tax scams. Over the last year …