Laura J. Hanlon
CPA
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New Strategy Posts for your Finances

Posts tagged future
Laura J Hanlon CPA’s Key To Raising Rich Kids

Teach them this: Wealth is what you save, not what you spend.

Most of the younger generation is under the false impression that wealth is based on the luck of a big salary. Nothing could be further from the truth. According to the now-classic book The Millionaire Next Door by Thomas J. Stanley, the affluent tend to answer ‘yes’ to these three questions:

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Teaching Conway Kids About Money

While it is impossible to completely shield kids from all the hard things that go on around them, I happen to believe money worries are one of those things we shouldn’t share with kids.

Whether you have many digits in your bank accounts, or you are still scraping by, money can (obviously) form a subject of dysfunction and tension, if we allow it.

So there are a number of ways to help our children move past this — some very specific, and some more subtle.

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Laura J Hanlon CPA’s Four Reasons For Monthly Financial Reports With Your Partner

Do you get a knot in your gut when your spouse asks you how the finances are looking? Do you practice a policy of “Don’t ask, Don’t tell”?

One of the best tools I’ve seen to keep your spouse or partner in the loop about your finances is the simple concept of the monthly financial report. If you find it useful, and once you’ve established the format, you can also do it twice a month to take a look at how you’re meeting your goals

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Laura J Hanlon CPA’s 3 Steps To Protecting Your Children’s Financial Future And More

When I think about what frightens parents most, seeing their children in a vulnerable position pretty much tops the list — whether it’s at home, at the pool, or any other place in public.

What exacerbates this further is knowing the fear which children themselves feel when they are surrounded by people they don’t know, and aren’t sure what to expect from what their parents have set up for them.

Put the following steps into place, and you’ll eliminate at least some of these dangers…

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Re: A salve for all this chaos

If you’ve been paying attention to the news the last few weeks, it seems that we’ve been reeling a bit as a nation, and on the world stage. However, it looks like the Ebola mess may be a little more contained than was initially feared (though still very terrible). The mess in the Middle East is no less hairy, but the Dow is recovering a little from last week’s low.

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Laura Hanlon On Reclaiming Control Over Your Taxes

Our Central Arkansas tax preparation clients who filed with us this year already feel the peace-of-mind that you were able to claim every possible deduction which is legally allowed in the tax code for 2013. After all, we put each return through an extensive review process to ensure you keep as much of your hard-earned income as the IRS allows.

But what about your Central Arkansas friends? And what about your previous years?

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Laura Hanlon Suggests: Take A Test Drive Of Your Retirement Plans

You may have heard that tax season has officially “begun”. Well, when we here at Team Laura Hanlon sit down with a Central Arkansas tax preparation client during tax season, we are picking through history — we are helping you sort through your 2013, and make sure that the numbers match … AND, of course, that YOU are able to take advantage of every possible legal and ethical method to hold on to your hard-earned dollars (or sometimes receive a nice bump in your supply from a refundable tax credit).

But we also like to spend time future-casting.

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