We are going to talk about millennials, stereotypes and money. There are many myths and we'll discuss what the truth really is.

Let’s take a scenario and say a family of four is making under $160,000 AGI. This means that $5,600 ($1,400 per person) will be sent out.

People want the wedding and the house for the future. The wedding is a one-day event that will be in memory for years to come.

Here's one golden rule: Never judge a book by its cover or one's net worth based on the car he or she may drive.

Social Security’s goal is to provide 40% replacement income and the individual’s goal is to reach 80% replacement income in retirement.

According to many different surveys around ⅔ of people do not follow a budget or if they have one, they do not maintain it.

If your standard deduction is less than the total of your itemized deductions, then you should be able to save money.

A target-based fund focuses on an investor’s capital needs at a future date. It gradually shift sfrom higher-risk investments to lower-risk

The max contribution for the 401(k) and the Roth 401(k) is $19,500 yealry. If you're over 50, you can add $6,500 in catch up contributions.

Shorting a stock whens shares are borrowed from a broker on margin and have to be be paid back with interest to the broker.

Trusts supersede a will when there is discrepancy. Most attorneys recommend that you have a will and a trust for backup protection.

A domestic partnership is when two people live together and are involved in an interpersonal relationship living as if they're married.

A tiny house is defined as a dwelling unit with a maximum 400 square feet of floor area, excluding lofts.

How do we establish credit for your children? They cannot apply for a credit card legally until age 18; they may may have an authorized user

Rule #1: as long as you pay the credit card with regular installments before the 24 months expire you will accumulate no interest.

Pet insurance cost depends on factors such as your pets age, size, and breed as well as any preexisting conditions.

Budgeting sometimes gets a stigma meaning that you're cheap or frugal. You have to budget within the means of the money that you have.

You can save money down the road by buying quality products, but the difference here is that you will also help the environment

When you take a 401(k) withdrawal, you'll face a 10% penalty if you're under the age of 59.5 years of age

DTI is used as a measure for loan approval. We'll this explain simple calculation to be prepared when applying for a mortgage or refinance.