ELGON FINANCIAL BLOG
My first post on retirement daily discusses tax issues to be aware of, if you own any type of non-US financial assets. The focus is on keeping the taxman happy, saving yourself some money and future stress if you have non-US financial ties.
College tuition is going up, Student debt continues to increase, this is not sustainable without a major policy shift. One way to combat this, is to rethink our approach and have a major mental shift in how select the colleges our students attend.
To round out the Financial Literacy Month – here are my top lessons from the “Millionaire Next Door.” Anybody can apply these lessons to their lives.
April is financial literacy month – it’s a great time to teach kids how money works. One method is to use the “cost sharing plan”.
This is how my parents used the plan with us, and considering that I’m using it with my kids today, I have to admit it worked!
My interview with the Authority Magazine for their series immigrants success stories
If you own any cash or securities type of assets in a foreign country, you might need to file an FBAR at tax time. Your top questions on the topic answered.
According to IRS, as an immigrant you are either a resident or nonresident alien. Here is a way to figure out your exact tax status.
The immigrant’s journey is a marathon not a sprint. What’s your story and how does it affect your desired future state?
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