Income Tax

Things are More Expensive When You Pay For Them Yourself

Things are more expensive when you pay for them yourself. We never gave our children an allowance when they were growing up.  I had an allowance when I was a kid.  Unfortunately for me my dad tied what I could get for an allowance to my grades.  He would say, “School is your job.”  Well,… Continue Reading: Things are More Expensive When You Pay For Them Yourself

The Difference Between Tax-Free and Taxable Investments

This article, last updated in December 2023, is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA. Investors need to know the difference between tax-free and taxable investments. Tax-Free Investments One way to have tax-free investments is to own state or municipal bonds. The interest paid on these bonds is not taxable… Continue Reading: The Difference Between Tax-Free and Taxable Investments

The Difference Between Good Debt and Bad Debt

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Good Debt For most folks one of their primary goals is to be Debt Free.  With that said, there will be times when it is appropriate to borrow money. Good Debt is borrowing to purchase a home. If managed appropriately,… Continue Reading: The Difference Between Good Debt and Bad Debt

No Deposit. No Return.

This article, last updated in December 2023, is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA. What does this mean? If you don’t put something in (deposit) you won’t get something out (return). Isn’t that the truth? This applies whether you want to learn to play the guitar, improve your culinary… Continue Reading: No Deposit. No Return.

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