Edge Retail Academy Blog

After Holiday Tips

  • FINANCIAL – Chances are you will have more money in your bank account after the holidays so you need to make sure you spend it wisely.
    • Set aside enough money for sales tax and federal and state income tax
    • Pay off debt – credit cards, vendor debt and interest bearing loans
    • Start an emergency fund for 2016 worth 3 times your monthly expenses
    • Invest your money – max out your 401K – IRS limits for 2015: age 49 and under contribution max is $18,000 and age 50 and older contribution max is $24,000
    • Take a distribution or bonus from the company after the first 4 above have been accomplished

Holiday 9
Need more advice on how to handle the holidays? Contact us today!

1.877.569.8657 or inquiries@edgeretailacademy.com

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