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Starting on January 1, Michigan’s minimum wage will move up to $9.87 per hour from $9.65 per hour, that’s an increase of 22 cents.

Starting on January 1, Michigan’s minimum wage will move up to $9.87 per hour from $9.65 per hour, that’s an increase of 22 cents.

Dear Rick: I need your help. I have been married to my current husband for a little over 20 years. I have two adult children from my previous marriage. My husband also has a child from his previous marriage. For the last number of years, I have tried to convince my husband to do some sort of estate planning, but he absolutely refuses. He’s of the belief that if we do one, bad things will happen to us. Currently, we have IRAs and 401(k)s where we are the beneficiaries of each other’s and the secondary beneficiaries for mine is my children and for his is his child. In addition, we each have...

Hometownlife.com View Comments It is amazing how fast time goes. Here we are, already at the end of the second quarter of 2021. Twice a year, it is critical to take a picture of where you are financially; the end of the second quarter is the perfect time to look at your financial health. Personal finances cannot be put on autopilot. Like a garden, it requires constant maintenance and attention. Two documents that I think accomplish this are family balance sheets and cash flow statements. These documents, I believe, are important in order to keep track of your financial well-being.

Some big changes are coming for parents with their 2021 tax returns. Part of President Biden's American Rescue Plan bumps tax credits for kids. It used to be $2,000 for every child under 17.