Message from Lynn:
Dear Friends:
In our lives we celebrate a variety of milestones. We graduate from school, get married and purchase homes. Each change affects our financial status one way or another. Graduating from school usually enhances our earning and buying power. Becoming Mr. or Mrs. brings a new set of financial issues to consider - should you file taxes separately or jointly…the list of challenging financial decisions goes on and on.
June's edition of MoneyWise addresses these turning points in life and also gives advice on how to prepare for financial crisis. We never believe we will lose our jobs, become disabled or suffer any other types of crises that will impact our ability to earn money and care for our families, but unfortunately these things happen. Plus, as a bonus, there is an article about hiring summer help. What kinds of employment taxes are you required to pay your summer babysitter? The article differentiates between an employee and an independent contractor.
I hope you find the articles helpful.