I like numbers. Hence, I am a financial planner. But what I’ve found is that sometimes focusing too much on just the numbers in my financial life can leave me completely overwhelmed. Take debt, for example. Did you know the average amount of personal debt per person in the U.S. is $50,646?* If you want [...]
Do you ever watch movies and then halfway through them think to yourself, “Man, this movie sucks”? Then you get mad because you’ve invested an hour of your time into something that you don’t even care to watch the ending of? This happened to me the other day. I downloaded a movie to watch at [...]
Happy New Year! From, Brittney Castro Founder & CEO Financially Wise Women
As we approach the end of the year, it’s so critical that we take time out and actually acknowledge all that we’ve achieved. If you’re like me, chances are you’re already focusing on your 2013 goals and forgetting to celebrate how far you’ve come in 2012. That’s why I create an accomplishment list at the [...]
“Right now, and in every now-moment, you are either closing or opening. You are either stressfully waiting for something–more money, security, affection–or you are living from your deep heart, opening as the entire moment, and giving what you most deeply desire to give, without waiting.” –David Deida, author and teacher. Last month I was busy [...]
When working on debt reduction, most individuals lean toward putting all their extra cash toward additional debt payments, thinking this is the fastest path to becoming debt-free. And sure, it certainly feels good to see the immediate gratification of your debts going away in large chunks at a time. But when you take all your available cash and make additional debt payments, you remove the ability to save any of that money and build up your emergency fund to a healthy level.
Your credit score is an important part of your financial life and future. Your credit report is like a file on you and your credit history. It basically tells lenders how risky of a borrower you are. So when it comes time to purchasing your new home or new car, you want your credit report and credit score to be in top financial shape!
Tell me about your business and how you help women? I’m a private practice health psychologist in West Los Angeles. I help women deal with challenging health issues, especially endocrine and gynecological disorders such as infertility (10% of women), Polycystic Ovarian Syndrome (18% of women), thyroid cancers, and diabetes. I treat the mental health components [...]
Still scrambling to get your tax appointment in for the year? Well, the good news is that this year you have a few extra days to file. Taxpayers will have until Tuesday, April 17, 2012 to file their 2011 Federal income tax returns and California State Income Tax returns* and pay any tax due.
Regardless of the economic situation we all need to file our tax returns and report our earnings to the Governmental agencies annually. The rules are the same regardless of your gender. It is important to be involved and understand the tax return that is being signed by both spouses because both parties are equally responsible for truthfulness, completeness and accuracy of the tax returns. There are number of tax saving techniques that can be utilized if planned timely and correctly. It is important to have a professional, reliable, trustworthy, and caring CPA who will help you to be on the right track. Of course, together with a great team of Financial Planner, Attorney, Investment Advisor and CPA you can be in much better position.
We do not expect everyone to become experts and understand all the complex financial transactions, but just to be involved and ask questions if something is not clear on the tax returns, financial reports and documents.
Connect with Brittney Castro, CFP®