Giving Gifts? You May Get a Tax Bill

Personal Finance

Giving Gifts? You May Get a Tax Bill

Giving Gifts? You May Get a Tax Bill

Did you know that when you give gifts to your family, friends, and loved ones that the IRS has an interest in it? It’s true. While the IRS doesn’t care a lot about the sweater you gave to your cousin or the cheese-of-the-month club membership for your granddad, these gifts are always potentially subject to... Read More

5 Gifts Almost Everyone Will Love

Personal Finance

5 Gifts Almost Everyone Will Love

5 Gifts Almost Everyone Will Love

Gift shopping can be complicated. First, you have to know what people like, and for some friends and family, it’s trickier to find a store or product that suits their style. Then you have to find a good gift, which often leads to frantic Internet browsing, calling every shop within driving distance, scouring department store... Read More

Credit Card Spending Drops Before the Holidays

Credit Cards

Credit Card Spending Drops Before the Holidays

Credit Card Spending Drops Before the Holidays

Americans curtailed their credit card spending in the third quarter, according to the latest consumer credit report from the Federal Reserve. Overall, outstanding consumer credit increased at an annual rate of 5.2% in the third quarter, no thanks to credit cardholders. Revolving account balances — credit that can be re-used after it is repaid, as... Read More

5 Ways to Find Money in Your Budget

Personal Finance

5 Ways to Find Money in Your Budget

5 Ways to Find Money in Your Budget

If you are really serious about taking your financial situation to the next level, start by taking a good hard look at what you spend on average each month. That’s because you have more control over your spending than any other part of your financial life. No matter how much money you make, if your... Read More

4 Credit Lessons to Teach Your Teen

Credit 101

4 Credit Lessons to Teach Your Teen

4 Credit Lessons to Teach Your Teen

As parents, we want to build up our kids so they can live their best lives. We want to guide and educate them so they can succeed. One of the areas where we can help our kids is credit. As children enter their teen years, they start thinking seriously about the future and preparing for... Read More

How to Deal With Student Loans After Death

Students

How to Deal With Student Loans After Death

How to Deal With Student Loans After Death

What happens to student loan debt when the borrower dies? The answer: It depends, based on the type of loan. Federal student loan debt can be discharged through a relatively simple process; private loan debt, however, can shift to parents or other co-signers. As the families of many deceased borrowers know, the process can be... Read More

How Much Money Do You Need to Buy a House?

Mortgages

How Much Money Do You Need to Buy a House?

How Much Money Do You Need to Buy a House?

Buying a home is still considered to be a lifetime accomplishment. How much cash you’re going to need upfront to do so is another story entirely. The funds needed to close the sale play an enormous role in your ability to get a home loan. If you’re serious about buying a home or will be in... Read More

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