While much of financial advice is focused on spending less and saving money, there are ways to invest in yourself that can significantly boost your financial well-being. Many of these opportunities open wider when you start making a so-called “good” income. Here are the top five things you should upgrade or spend more money on when you cross that threshold. Must Read 1. Backdoor Roth IRA When money is tight, contributing to a Roth IRA, a tax-advantaged investment account used to save for retirement, ...

President Donald Trump is no stranger to big changes in tax policy, and one of his proposals is perhaps his most audacious yet: a proposed elimination of the federal income tax. While this hasn’t come to pass yet, it’s possible that he could try to find a way to make it work. Find Out: Trump Wants To Eliminate Income Taxes: Here’s What That Would Mean for the Economy and Your Wallet Read Next: 8 Common Mistakes Retirees Make With Their Social Security Checks Federal taxes take the biggest bite out of your ...