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| Attend
a Financial Fitness Workshop
in January! |
Top |
Hurry! Time is running out to register for the winter series
of Financial Fitness Workshops! Hosted by the Virginia
Society of Certified Public Accountants (VSCPA), this
free seminar is being led by an experienced CPA and addresses
multiple money management topics for a variety of audiences.
This fast-paced workshop provide practical tips for eliminating
debt, saving, rebalancing your retirement portfolio, organizing
your financial records, creating a will, reviewing your insurance
coverage, planning for the unexpected and more. Make good
financial management a New Year's resolution you can keep
by registering for this workshop today! To reserve your seat,
please RSVP using the links below or call (800) 341-8189.
| Monthly guide to making money |
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A new year is the time for diets,
exercise and, of course, budgets!
It's a time for new beginnings, fresh
starts. Instead of tackling huge goals
that feel tough to reach, break them
into manageable tasks to increase
your odds of success. Money
magazine offers monthly budgeting
tips to help you reach your financial
goals in 2008. Each month focuses
on a different strategy to get your
finances in shape:
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January
Weigh your goals for 2008
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February
Put your savings on autopilot
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April
Simplify your investments
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July
Do a mid-year checkup
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September
Get ready for school
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October
Cut your health care costs
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December
Share the wealth
| Get financial literacy news through RSS |
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Do you search every news and business Web site bookmarked on
your Internet browser for financial news and tips? If so, you
may be wasting hours of otherwise productive work time. To save
you time and brain power, the VSCPA
now offers an RSS feed for financial news!
RSS stands for "really simple syndication," and, once
you subscribe, it allows you to receive alerts that your favorite
Web sites, such as FinancialFitness.org,
have new content. Instead of individually visiting all those sites
to read the information, you can view that information via an
RSS feed reader, or "aggregator," right on your desktop.
Read
more about RSS on the VSCPA Web
site, or sign
up for the Financial Fitness RSS feed now!
Need help? We'll be happy to answer any questions you may have
about the VSCPA's Financial Fitness RSS feed. Contact VSCPA Media
& Public Relations Specialist Shawnte
Reynolds at (800) 733-8272.
| VSCPA wins award for Financial Fitness
initiative |
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The VSCPA was honored for its Financial
Fitness community service initiative in the 2007 Best
in Virginia Awards, sponsored by the Richmond
Chapter of the International Association of Business Communicators
(IABC). Awards were announced at a special dinner held in December.
The VSCPA received Honorable Mention in the community relations
category for its financial literacy initiative called Financial
Fitness Improving the Financial Health of Virginians. The
campaign is part of a national effort of the CPA profession to
educate all Virginians from school children to retirees
on money management and fiscal responsibility topics.
Through Financial Fitness, Virginia CPAs provide pro bono outreach
to the public through year-round financial
workshops, a Speakers
Bureau, community
service events, free
wall calendar and other
special publications. The VSCPA also served as the catalyst
for the Governor's Proclamation naming April as Virginia Financial
Literacy Month and manages a consumer Web site, www.FinancialFitness.org,
to serve as a clearinghouse of financial resources.
For more information about Financial Fitness, please contact
VSCPA Media & Public Relations Specialist Shawnte
Reynolds at (800) 733-8272.
The VSCPA develops monthly Money
Management articles to provide financial advice and information
for individuals and small businesses. Topics include personal
finance, retirement and estate planning, saving for college, investments,
running a small business, income taxes and more. Virginia organizations
are granted reprint permission and can use the articles in publications,
employee newsletters, Web sites and more. Here are this month's
topics:
Keep your financial resolutions this year
Paying off debt and saving money are among the most popular
New Year's resolutions. Here
are some helpful tips for those who want to meet
their financial objectives in the coming months.
Five steps to achieving your financial
goals
What are your financial aspirations for the coming year?
Would you like to pay off some high-interest debt? Step
up your retirement savings? Set aside enough for an exciting
vacation? Read
these recommended steps to turn your financial dreams
into realistic goals.
Tax-deductible donations: what you need
to know
Americans donated an estimated $295 billion to different
charities in 2006. This generosity allows you to make a
difference to a wide range of worthy causes and qualifies
you to take tax deductions for your donations. Read
some recent changes in tax legislation that affect
which deductions you are allowed to claim.
Tax-smart retirement planning
Employers are increasingly shifting the responsibility for
retirement savings to employees. That means that workers
must take an active role in planning and saving
for their retirement. Learn
about the tax-advantaged options that can enhance
the growth and earnings power of your retirement nest egg.
| Spotlight on America
Saves |
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America
Saves is a nationwide campaign in which a broad coalition
of nonprofit, corporate and government groups helps individuals
and families save and build wealth. Through information, advice
and encouragement, the organization assists individuals with paying
down debt, building an emergency fund, saving for a home, saving
for education or saving for retirement. America Saves offers several
online resources, including a personal wealth estimator,
newsletter, savings links and tips, and a list
of savings strategies. Find
out about the programs and resources offered by America
Saves.
| Managing credit card
debt |
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If you have debt on multiple credit cards, strive to pay off
one balance at a time. When fully paid off, cut up and cancel
the card. Continue this process until you have only one credit
card left in your wallet. This can help you avoid accruing large
amounts of credit card debt in the future. Getting yourself out
of debt is one of the first steps to saving for a successful financial
future.
Listen to a Feed the Pig Podcast about managing credit
card debt at feedthepig.podomatic.com.
Or, find more helpful hints to save money at www.FeedthePig.org.
Source: American
Institute of CPAs
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