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Sharon Dudley
May 9, 20241 min read
Understanding the 50/30/20 Budget Rule: Budget 30% for wants.
Your wants refer to the things that you desire to have but they are not essential for your survival. They are distinct from the things...
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Sharon Dudley
May 2, 20241 min read
"Understanding the 50/30/20 Budget Rule: Budget 50% for necessities
Your essentials typically encompass your fundamental living costs and should make up 50% of your after-tax income. These are the...
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Sharon Dudley
Apr 25, 20241 min read
"Is the 50/30/20 Budget Rule Still Effective in Today's Economy?"
What you should takeaway from a 50/30/20 budget... If you’re looking to gain better control and confidence with your finances, the...
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Sharon Dudley
May 1, 20231 min read
TAX SEASON IS OVER!!
Now that you survived another tax season, let's make sure that all of your personal finances and records are up to date. You don’t need a...
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Sharon Dudley
Jan 10, 20231 min read
INCOME VS. WEALTH
Income is the amount of money you receive on a regular basis, while wealth is the length of time you can maintain your current lifestyle...
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Sharon Dudley
Jan 3, 20232 min read
Tax Credits and Deductions Changes
Understanding tax credits and deductions can be confusing, but they can also be a great way to save money on your taxes. It’s important...
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Sharon Dudley
Apr 1, 20221 min read
Financial Literacy Month
Financial Literacy Month is a celebration and a challenge. Now that Tax Season is almost over, it's a chance to reflect on the state of...
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Sharon Dudley
Dec 16, 20211 min read
Health Insurance Premiums
Congress also increased health insurance premium subsidies in March, making coverage more affordable for millions of Americans. While the...
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Sharon Dudley
Dec 2, 20211 min read
Expanded Child Tax Credit
The American Rescue Plan boosted the child tax credit to $3,000 for families with kids 17 and under for 2021, with an extra $600 for...
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Sharon Dudley
Dec 2, 20211 min read
Charitable Deductions
Taxpayers eyeing a year-end charitable donation may take advantage of a special write-off for cash gifts in 2021, even if they don’t...
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Sharon Dudley
Jun 14, 20211 min read
TAX SEASON IS OVER
Now that you survived the first tax season since the Covid-19 Pandemic, let's start making updates to your personal finances and records....
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Sharon Dudley
Feb 20, 20202 min read
FINANCIAL HISTORY MOMENTS: SELMA BURKE
She is responsible for the sculpture of Franklin Delano Roosevelt that was minted on the American dime.
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Sharon Dudley
Feb 14, 20202 min read
FINANCIAL HISTORY MOMENTS: MAGGIE LENA WALKER
Walker was the first African American woman to charter a bank in the United States
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Sharon Dudley
Feb 12, 20201 min read
Money-Smart Teenagers
Teenagers should understand the benefit of setting up a budget that documents how much money is coming in and out.
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Sharon Dudley
Jan 29, 20202 min read
1099-C Surprise!!
Canceled debt can often turn into taxable income!
You settled your credit card debt. Now you can start fresh, rebuild your credit and star
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Sharon Dudley
Jan 14, 20202 min read
Debit and Credit Cards are not your Friends!
Remember you can not spend what you don't have - this is why banks and credit merchants love you. The more you use your credit cards the...
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Sharon Dudley
Jan 5, 20202 min read
Let's Start Saving!
We all wish we could save money. Whether it's for a new home, new car, dream vacation, or college it can be a difficult task to achieve....
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