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In the same year that Thomas Jefferson wrote the Declaration of Independence, Adam Smith famously made the case for business owner self-interest. He wrote:

“It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own self-interest.”

In other words, you do good by doing well financially.

Philanthropy is good for the community, but it also beneficial for the business and business owner. Besides helping communities and individuals, philanthropy boosts the reputation of both the owner and the business. Even physically, behavioral scientists tell us the act of giving releases endorphins, enhancing one’s sense of well-being. Assuming affordability, charitable giving is a classic win-win.

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How would you like to help your children develop a sense of responsibility and strong work ethic, while simultaneously letting them earn some money and save for college, all tax-free?

It’s possible. Kids fill our lives with joy, but they also fill our lives with tax benefits. Every child you claim as a dependent can lower your taxable income by $3,950. And the Child Tax Credit may save you another $1,000 per qualifying  child if your income is less than $110,000/year.

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What would you do if the IRS allowed you to take an extra year to pay taxes  on $11,000 worth of income? That’d give you $2,750 to work with for 12 months, if your tax rate was 25%, before the IRS would come asking for it.

What would you do with it?

Maybe invest in advertising to bring in more customers?

Upgrade equipment to make your business more productive and more profitable?

Or consider it an interest-free loan to take a vacation?

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Football season is upon us, and whether you’re partial to college ball, the NFL, or are just plain addicted to anything resembling a pigskin, you can expect a lot of couch time.  But you don’t have to ignore your finances just because the running backs are slashing, linebackers are taking down opposing quarterbacks and the beer and nachos are plentiful.  You can take time between cheering, dipping, or complain about a blown call to improve your financial life. Think it can’t be done? Well, here are six ways to take care of your finances during the course of a single football game.

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Mutual funds have many different kinds of costs, many of which are unapparent to the untrained investor. For example, four different costs that mutual funds commonly suffer from are (1) disclosed costs, (2) hidden costs, (3) costs due to a tax inefficiency, and (4) costs due to their sneaky behavior. Naturally, these costs can eat away at returns. So, what are these costs? And, how large are they?

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Unlike the great American gymnast Simone Biles, you don’t need to do flying somersaults to be good at retirement  savings. There are already tools available for what you need to do.

As the U.S. economy continues to improve, retirement savers are pumping more money into their long-term savings. Some 21 percent of Americans surveyed, according to a recent bankrate.com report, say they are saving more for retirement — the highest level over the past five years.

“More working Americans are saving more for retirement and fewer aren’t saving at all. Both readings are indicative of an improving economy, where people are earning more and saving more,” said Bankrate.com Chief Financial Analyst Greg McBride, CFA.

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OK, so you’ve barely gotten the sand out from between your toes, and not only is Labor Day in your rearview mirror, but Halloween ads are starting to pop up with regularity.  Before you blink, Thanksgiving football and family gatherings will be over, and you’ll be headlong into the Christmas crush.

Along with the flying calendar pages comes the feeling that you’re running out of time to accomplish all those financial goals you’d so optimistically planned out last January.  But take heart. You can recharge your money life and accomplish those goals and put yourself on course for a super-productive fall.

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Your journey toward financial freedom and a comfortable retirement should begin early. But each age group has different goals and challenges. Grant Webster, a portfolio manager with Dowling & Yahnke  in San Diego, tells us what to do and when:

Financial planning should happen at every age—whether it’s playing with your budgeting app in a college dorm room or teaching your grandkids how to save, give and spend money. Thoughtful financial planning and smart money moves can make a huge difference in whether or not you will have a comfortable retirement.

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Last week, Latinos for Trump founder Marco Gutierrez told MSNBC’s Joy Ann Reid that “[m]y culture is a very dominant culture, and it’s imposing — and it’s causing problems. If you don’t do something about it, you’re going to have taco trucks on every corner.”

His statement took the internet by storm with many contemplating what a future with taco trucks on every corner might look like (the consensus on social media: delicious). Memes popped up all over, and The Washington Post even took a look at the economic impact  of such a phenomenon.

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In the fragmented 401(k) world, the Roth 401(k) is a bit of an outlier. It offers myriad benefits, yet few employees fund it.

Unlike a conventional 401(k), contributions to a Roth are taxed. The trade-off is that withdrawals are tax-free and you’re not required to pull money out of the vehicle when you reach 70 1/2. That’s a big plus because if you don’t need the money — you can leave it in a Roth to grow. (One you retire, you’ll need to roll it into a Roth IRA to avoid those mandatory withdrawals.)

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When it comes to scams, swindlers are always going back to school to educate themselves on how to fleece people. And I mean that literally.

This latest scam has crooks calling families to warn them about paying a “federal student tax.” There is no such thing and nobody owes one.

As with other fake IRS calls, the caller identifies themselves as an IRS agent and demands either money or information. It’s personal data like Social Security numbers — don’t give it to them — that they will use to steal your identity to open credit cards and start fleecing you.

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The Brexit blowout lasted a week, then the market was back to where it was and resumed a record rally.

For the vast majority of large companies, the Brexit blowout had absolutely no impact on their earnings or dividends. Their payouts were completely un-impacted.

Some companies, maybe a handful, are going to suspend their dividends. I would still keep an eye on British banks, many of which may have to move to Frankfurt, Paris or Dublin.

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