This is not a simple question and the answer can vary depending on your other financial circumstances. As a general rule, I’d say do a little of each. If you focus only on paying down credit card debt, you lose… Read More ›
Ask Tom > Money Management & Retirement
A budget serves many purposes. * It is a tool to help you set and meet financial goals * It is a yardstick against which to measure the financial health of your program * It can be used to help… Read More ›
For 2015 the IRA limits are $5,500 if you are under age 50 and $6,500 if you are over age 50.