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Welcome to the WealthNGen blog. Please check in periodically for regular market updates, financial planning tools, and helpful investment information.

Understanding Your Credit Report
Your credit report contains information about your past and present credit transactions. It’s used primarily by potential lenders to evaluate your creditworthiness.

Tax Benefits of Home Ownership
In tax lingo, your principal residence is the place where you legally reside. It’s typically the place where you spend most of your time, but several other factors are also relevant in determining your principal residence.

Establishing a Budget
Do you ever wonder where your money goes each month? Does it seem like you’re never able to get ahead?

Understanding Your Paycheck
Congratulations! You’ve just landed a new job. Here are some important things to be aware of before you receive your first paycheck.

Will I pay income tax when the money in my 529 plan is withdrawn to pay for college expenses?
No. If the money you withdraw from a 529 plan (college savings plan or prepaid tuition plan) is used to pay qualified education expenses, then you won’t owe federal income tax on the earnings portion of your withdrawal.