Aaron Crowe is a contributor to Credit.com. Connect with him on Google+.
Thanks in part to the highest unemployment rate for college graduates in 11 years, more students are deferring repayment of student loans and leaving school with more debt than ever before. Even though more than half of college graduates under age 25 are unemployed or underemployed, there are other reasons to why a TransUnion study... Read More
Being a homeowner for the first time comes with all kinds of responsibilities that normally don’t come with renting. There’s yard work, home repairs, picking paint colors, insurance and of course, figuring out your tax liability. American home ownership has long been subsidized by tax savings, and if your real estate agent didn’t tell you... Read More
The good thing about taxes is they’re only filed once a year. The bad thing is it’s almost impossible to remember which tax deductions you qualify for each year. “Credits come and go. It’s hard to remember,” says Bob Wheeler, a certified public accountant in Santa Monica, Calif. While the IRS does all it can... Read More
For high school seniors, the start of college is far away. To pay for that college bill, however, they’ve got to start moving now. College-bound students who haven’t submitted the Free Application for Federal Student Aid, better known as FAFSA, as soon as they can after Jan. 1 should do it sooner instead of later,... Read More
Paying the debts of a relative who recently died might feel like a moral obligation, but whether it’s a legal one may not immediately be clear. Dealing with a loved one’s credit card debt has a few twists to it, but in general these debts are not the responsibility of any heirs and require the... Read More
After the calls have been made to relatives giving them the good news, congratulations have been given, and rounds of drinks have been bought, the adrenaline rush of an engagement announcement can wear off and at least one reality sets in: We’ve got a wedding to pay for. Unless you’ve planned financially for it for... Read More
The good thing about New Year’s resolutions is that by February you can forgive yourself if you’ve dropped most of them. Financial resolutions — just like ones to lose weight or get more organized — can be hard to follow. But not following them can lead to more problems than gaining a few extra pounds... Read More
The holidays are a distant memory by now, with new toys already neglected and that bright new sweater stashed in a closet. The bills for those items, however, have been showing up in mailboxes since mid-January — giving only a three-week respite after Christmas Day ends. Every visit from the mailman brings the potential for... Read More
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