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5 Easy Ways to Teach Your Kids About Personal Finance

5 Easy Ways to Teach Your Kids About Personal Finance

by Murry Englard, CPA | Sep 20, 2021 | Accounting, Murry Englard CPA, Personal Finance

Of all the lessons you’ll teach your kids, managing money is easily among the most important. Training children early in life to recognize and respect the value of money will set the stage for self-responsibility, sustainability, and all-around comfortable...
Definition of Adjusted Gross Income and Implications for Your Taxes

Definition of Adjusted Gross Income and Implications for Your Taxes

by Murry Englard, CPA | Jul 27, 2021 | Accounting, Murry Englard CPA, Personal Finance, Taxes

Adjusted gross income is utilized to calculate your credits and allowable deduction from your income. It is your pre-tax income (after all deductions and credits) less the tax. If your adjusted gross income goes lower than the threshold amount, you get to deduct the...
What You Should Know Before Getting a Credit Card

What You Should Know Before Getting a Credit Card

by Murry Englard, CPA | Jun 2, 2021 | Accounting, Murry Englard CPA, Personal Finance

Getting a credit card is essential for building your credit, buying a house, renting an apartment, or getting approved for a cell phone. They also often have cash reward and travel reward programs attached to them. When you buy things with a credit card, you...
What are the Benefits of Keeping a Financial Tracker

What are the Benefits of Keeping a Financial Tracker

by Murry Englard, CPA | May 5, 2021 | Accounting, Murry Englard CPA, Personal Finance

According to a survey by the American Psychological Association, 72% of Americans stress out about money. If you’re one of those people, keeping track of your spending might help. Though it may seem like a daunting task, doing so could not only help reduce your...
Retirement Strategies for Those in Their Twenties

Retirement Strategies for Those in Their Twenties

by Murry Englard, CPA | Mar 11, 2021 | Accounting, Murry Englard CPA, Personal Finance

A lot of twenty-year-olds think that they are too young to start saving for their retirement. However, if people who fall within this age range start saving from now, they will have enough money to live comfortably by reaching their retirement age. That being said,...
What You Need to Know for the Upcoming Tax Season

What You Need to Know for the Upcoming Tax Season

by Murry Englard, CPA | Mar 11, 2021 | Accounting, Murry Englard CPA, Taxes

We are now a few months into the year, which means it is officially the start of tax season. It may be a regular part of life, but filing taxes is still something everyone dreads. The ever-changing laws and regulations make it hard to know what to expect each year....
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