Viral Media Online

4 Money Moves to Make Before the End of the Year

Forget New Year’s resolutions. The real time to wrangle with your personal finances is the fall—when you can still maximize your 2016 financial situation and also avoid the holiday debt that most of us drag into the next year. “We get so wrapped up in our families and travel and last-minute work stuff this time of year,” says Farnoosh Torabi, personal finance expert and author of You’re So Money. “But it’s really important to take a pause and think about what your year-end goals are.” Not quite sure what you should be tackling before 2016 comes to a close? Consider this your cheat sheet:

1. STUFF YOUR RETIREMENT ACCOUNTS.

Socking away more money in an IRA or 401(k) is a win-win: You’ll have dramatically more dough in your golden years than if you delay saving until later, and you’ll be able to lower your tax bill come April. “The more you contribute, the more you can deduct from your taxable income,” explains Torabi. “It’s really worth it to see if you…

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