What’s not in your budget that should be

A common mistake with doing a budget is leaving things out. One of the reasons people don’t do a budget is because they think they don’t work. And here’s why.

Making the most of your retirement savings

It’s absolutely crucial that we understand the differences between tax-deferred and tax-free when it comes to our retirement options. Tax-deferred plans like a 401(k) and traditional IRA can be eaten up by taxes if you’re not careful. Of course, if you have a large enough amount in those accounts, it might not be an issue. Still, why give the IRS more of your hard-earned money than you should? CNN Money offered some ideas on how to sidestep IRS traps, legally.