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Financial Resolutions for the New Year
Many people make a list of resolutions at the beginning of each new year, such as losing weight or learning a new skill. As you make your list, consider including wise financial goals for 2010 and beyond.
Loaning Money to Family and Friends
Shakespeare wrote that loaning money to a friend is a good way to lose both friend and money. So what do you do when a friend or relative hits you up for a cash infusion? Tread carefully and listen to these tips from a member of the New Jersey Society of CPAs.
To Borrow or Not to Borrow
People use debt to finance any number of purchases, and borrowing money for a worthwhile purchase is not always a bad idea. However, some buys are worth financing over time and others are not.
Banking Online Safely
Many people enjoy the convenience of Internet banking, but some consumers worry about the safety of their online transactions. Here are some questions to ask to ensure that your online bank dealings are secure.
Avoiding Overdraft and Bounced Check Fees
Have you ever received a hefty charge for accidentally withdrawing more money than is in your checking account? These fees can be quite high, so make sure you understand how they work and how to avoid them.
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Your Money Matters is the New Jersey Society of CPAs' free monthly email newsletter. Please feel free to forward this publication to friends, family and co-workers.
Your Money Matters offers general information for managing personal finances
and does not recommend specific financial actions. For financial advice tailored to
your situation, please contact an expert such as a CPA or a personal financial advisor.
If you have comments, suggestions or questions for the Your Money Matters editors, please contact us at:
New Jersey Society of Certified Public Accountants
425 Eagle Rock Avenue - Suite 100 | Roseland, NJ 07068 | 973-226-4494 | YourMoneyMatters@njscpa.org
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