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Your bookkeeping system is the financial heart and lifeblood of your business. When set up and operating properly, your books help you make smart decisions and seamlessly turn your financial data into useful information. Here are four key characteristics to building and maintaining a healthy…

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In a recent survey from Ameriprise Financial, more than three out of four Americans (78%) said they have taken at least one step to build generational wealth1 but what exactly constitutes “generational wealth” – and how can you achieve it?

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Today's E-Edition

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You’re working at the office, getting stuff done around the house, or hanging out with family when — wham! — a phone call, email or text alerts you that something happened with your finances. When a not-so-nice financial event hits, don’t let it take you down. Here are some common miscues an…

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The beginning of a new year brings the need to recap the previous one for Uncle Sam. Here are some tips and a checklist to help get you organized.

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Have you ever held off from making an investment because you’re concerned that the timing may not be right? If this fear is preventing you from investing, dollar-cost averaging is an approach that you may want to consider. It has the potential to help you accumulate wealth over time and thro…

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Insurance is a product for the ‘what ifs’ in life. A good insurance policy reduces the financial impact of an adverse event. Some insurance coverage is deemed so important, it’s mandated by law. Consider these optional coverages to trade uncertainty for financial protection.

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At the start of each year, we follow our individual traditions to make sure the upcoming year is better than the last. Whether you celebrate with a plate of black-eyed peas, or counting the minutes until midnight, it’s likely you’ve already started mulling over your New Year’s resolution for…

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As the holidays approach, so, too, do the appeals for charitable gifts. If you’re like many people, your mailbox and inbox are already filled with messages from nonprofits asking for your financial support before the end of the year. As much as we want to help worthy causes, we each have a f…

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Here are moves you can make to reduce your taxable income. But the year is quickly coming to a close, so plan accordingly.

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Striving for balance is a principle that applies to investing just as it does to other areas of life. When one area gets out of proportion, it can disrupt your financial goals. There are, however, practical strategies to keep your portfolio in balance and your long-term goals on track. In th…

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Here’s a roundup of several recent tax court cases and what they mean for you.

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Many people dream of making more money, but cutting expenses can have the same effect. Identify unnecessary expenses with these six money-saving ideas and help free up some cash:

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When I was merely 10 years old, my family uprooted from Frisco to move to Kaufman County. While moving wasn’t unusual for my family, it seemed my young mind wasn’t ready to adapt to this new adventure. Upon arriving in Crandall, the talkative, outgoing child my parents had raised disappeared…

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Freelance professionals have unique opportunities and challenges when it comes to creating a viable path to financial security. In exchange for increased flexibility, freelancers must create their own paychecks and financial strategy. Whether you’re a long-time freelancer, new to the ‘gig ec…

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And now welcoming to the stage, Kaufman Herald’s freshest writer, Bailey Daniels. Though this may be a new start for me, the Herald and I are certainly not strangers. From 2018-2019 I interned for the Herald through the summer. With the boom of the coronavirus, I thought I had said a humble …

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Schools and testing go hand in hand. We test and grade students to ensure mastery of the content and preparation for the next grade, for college, and for careers. The State of Texas’ testing and accountability system has too long been a point of contention and controversy. Our students, our …

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Like a bundle of sticks, good business partners support each other and are less likely to crack under strain together than on their own. In fact, companies with multiple owners have a stronger chance of surviving their first five years than sole proprietorships, according to U.S. Small Busin…

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If you’re retired, one of the biggest expenses you may be confronted with on a regular basis is healthcare. Even if you’re enrolled in Medicare, you may need to pay various medical costs out-of-pocket — and, in general, costs are going up, not down. Fortunately, there are tools that can help…

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Like a bundle of sticks, good business partners support each other and are less likely to crack under strain together than on their own. In fact, companies with multiple owners have a stronger chance of surviving their first five years than sole proprietorships, according to U.S. Small Busin…

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The state of the markets in 2022, where both stocks and bonds experienced declines in the first half of the year, may have you thinking about other investing options. If you’re wondering how to further diversify your portfolio alternative investments are one option to consider. They include …

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Consider conducting a final tax planning review now to see if you can still take actions to minimize your taxes this year. Here are some ideas to get you started.

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Underneath the still water of car insurance lies an unseen monster that comes up and attacks every car owner who has their car replaced after an insurance company declares the vehicle a total loss. Consider this true story:

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We spend a lot of time daydreaming about our goals for the future. Buying a home, charting a new career, sending children to college or traveling abroad are common “bucket list” items. You may share these aspirations, or perhaps you have a completely different list in mind. No matter the cas…

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During times of market volatility like we’ve seen since the start of 2022, it’s natural to feel a bit skittish about the stock market. It’s a potent reminder that there are risks to stock ownership. Individual stocks are not guaranteed to grow and may lose value. The good news is that the st…

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Paying bills is inevitable, but paying too much is not. Here are some tips to help you get a handle on your recurring monthly expenses.

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While there may be legal and Congressional challenges around the recent presidential executive order, here are some questions and answers about what is known so far about the announced student loan forgiveness program.

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IRAs can be a powerful tool to lower taxes all while saving for retirement or other predetermined uses. Here are five fairly unreported things to know about IRAs.

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Staying overnight in a hotel in Irving near the airport, excited to fly to Mexico, a friend and I got the shock of our lives when starting my car the next morning! The noise was loud like a jet car racer starting up in an enclosed carport! It scared the life out of us! We quickly turned the …

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While gas prices nationwide dropped below $4 per gallon average last week, the state boasts the lowest prices in the country at an average of $3.49 — 50 cents below the national average, according to AAA Texas.

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Well, summer has officially come to a close! This Monday I sent my kids back to school…man does the time fly. I now have a third grader and an eighth grader in my house…seems like yesterday I was sending them off for their first day of kindergarten. Though it tugs on this momma’s heart strin…

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I would like to thank you for your article on “Pickle Ball.” It’s the fastest growing sport in the U.S. That being said, it would be great if Kaufman could consider having a court to play on. It would add an intergenerational opportunity for the community to gather; enjoying both social and …

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The Bloomfield Masonic Lodge #112 in Kaufman is hosting a blood drive from 10 a.m. to 12 p.m. on Saturday, Aug. 20. The blood drive will be conducted by Carter BloodCare at the Snap Fitness Parking Lot located at 2017-A South Washington Street in Kaufman. 

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Have you ever felt like you were stuck in a rut? What about a time where you wanted to go somewhere so bad but you just couldn’t afford the trip or taking time off from work? Maybe you were late to meet your friends for dinner but it saved you from being stuck between an accident. The few sc…

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As I sit at my desk thinking about what to write for my opinion piece this week, I can’t help but think about the recent passing of Dick Murphy and what a great man he was. Though saddened by the loss of such an amazing man, I am grateful to have known Dick Murphy and I’m glad I was able to …

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Well, the dog days of summer are here for sure! It’s hard to believe that there is anything gardening related that can be done in this heat—but there is, and if done, will reap great rewards now and into the fall.

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I can’t believe that summer is already beginning to wrap up on us. I’ve been soaking up all the time and memories with my family before I send my boys back to school. We have had tons of fun going to waterparks, family gatherings, seeing new movies at the theater, watching baseball games, ro…

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Inflation is upon us, and a hidden gem used by companies to combat price increases is often hidden from the unaware. It's called shrinkflation. Here's what you need to know about this hidden price hike and what you can do to cope with its effects.

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Everything in the natural world serves a purpose. That purpose might not always be easy to identify, but everything from a lowly earthworm to a giraffe fits into a unique slot in the big scheme of things. Take the mesquite tree for instance, to many ranchers it’s just a needless plant that s…

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From supplementing their current income to replacing income that was lost because of layoffs, the pandemic or other reasons, many people have started side hustles over the past two years to help make ends meet.

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To all readers of The Kaufman Herald, this week’s edition is a bitter-sweet one for me. At the close of the workday on Friday, July 25, my time at The Kaufman Herald will come to an end. I have had the best year and two months working here at the Herald; however, I have accepted a position a…

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As guide Brandon Sargent eased his big guide boat out of the breakwaters at Sapphire Bay Marina on Lake Ray Hubbard, the sun was just beginning to light up the eastern sky. Mike Hall, the manager of the marina, and I were eagerly anticipating the red hot crappie bite Brandon and his customer…

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Your cash is parked in a bank account. Do you know if it's making or losing you money? Here are some ideas to help you make the most of your banked cash: