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If you’re even partially interested in your credit score and you live anywhere on social media, you’ve likely heard a lot of debate between FICO vs. FAKO credit scores. While these terms correspond to your credit score, there is more to know about them because they are vastly different.
Read MoreUS savings bonds are known to be a very safe investment, but tend to have lower rates. However, if you’ve been watching the news and blogs, as of this year the rate for a Series I Bond is at 9.62% until October 28, 2022. To take advantage of this rate, you must complete your purchase of this bond on the Treasury Direct website by October 28, 2022.
Read MoreRight now interest rates are super high, but that isn’t stopping people from purchasing homes. I need you to remember, what goes up, must come down. When the interest rates starts plummeting, you’re going to see a lot of people talking about refinancing, but does that mean you should refinance? At what point should you do it? It's not always obvious because getting a new loan isn't free. There are costs that must be absorbed by the homeowner.
Read MoreGood news: more young adults are improving their financial health. According to CNN’s report on millennial money habits, nearly a quarter of people aged 24 - 41 have more than $100,000 in savings, up from 16% in 2018. The younger generation is more concerned about their finances: tracking expenses, regularly checking account balances, and paying credit card bills in full each month — as 75% pursue a comfortable retirement.
Read More80% of Americans get their tax refund direct deposited into their bank account. It’s the easiest, quickest, and safest way to get your tax refund. But what if you gave the IRS the wrong routing and bank account number, or if the account they have on file for you is now closed? Here’s what to do if your tax refund is being deposited into the wrong account.
Read MoreA great life skill to teach your kids is how to save money. The things you teach them about money will stay with them for life, so it’s important to teach them all that you can at an age-appropriate level. And what better way to strengthen your family’s bond than to save as a family. Let’s make saving a family tradition by setting a yearly goal and making a plan to reach it. It all starts with a conversation! Take the 10 Day Family Savings Challenge so you can not only save money but encourage money conversations!
Read MoreIgnoring your debt and neglecting to take steps to repay it, will often, if not always, cause it to become worse. The reason is that debt collectors often assess additional fees and interest on the debt that you owe, so unpaid debts can become monstrous in short periods of time. Creating a debt repayment plan is essential to your financial health. Follow these steps for an effective and workable plan.
Read MoreWhen it comes to retirement, the earlier you plan and save, the better. Because of compound interest and tax deferrals, you can benefit more the earlier you start saving for retirement. Do you know how much you need to save for retirement? How can you maximize your savings? Here are 7 strategies that will help you prepare for retirement and maximize your money…
Read MoreMany people save money as a second thought. When they get paid the money goes to bills, expenses, food, and a bunch of other random things. The only time they saving money is when there is money left over. With this backwards approach there is never enough money to save. Once deposits are made into a savings account automatically and on a regular basis, you don‘t have to think about it and the money is deposited before to going to any bills and expenses. It doesn’t matter if you have $5, $20, or $100, saving automatically will guarantee money is saved every time you get paid.
Read MoreValentine's Day is an opportunity to show others how much you care. Many commercially accessible present choices can be expensive, deterring people from purchasing the items they desire for this special occasion. Use these methods to save money on meaningful Valentine's Day gifts this year.
Read MoreGraduations, birthdays, house warmings, birth of a new baby, are all occasions where you may want to shower your family with nice gifts or cash. But what you may not have known is giving large sums of money or expensive gifts to your family and not reporting it to the IRS could land you in jail. Before you start giving large gifts to your family, read these important tips about tax penalties.
Read MoreThere are several options for ensuring that you don't pay more taxes than you need to. You can save throughout the year and at the last minute, but when it comes to income taxes, a little planning goes a long way. Use these 6 strategies to maximize your returns throughout the year.
Read MoreIt's amazing to be able to help a friend or family member who is facing financial difficulties, but money has a way of causing misunderstandings and hurt feelings. Many financial gurus advise against lending money to family members. Surveys have shown that 45% of people that make personal loans aren’t paid back entirely. And 25% never get paid back at all! Understand that the likelihood of getting paid back isn’t great. However, each scenario is unique. It's critical to consider all of the factors before making a decision. If you’ve decided to make a loan, here are some tips to make sure you don’t end up regretting it.
Read MoreI absolutely love seafood, so anyway I can have some, would be best. I got tired of frying fish for breakfast and wanted something a bit more fancy, so I made shrimp cakes. This is such an easy recipe because I literally always have this stuff in my fridge.
Read MoreMillions upon millions of Americans set New Year Resolutions goals every year, but less than 8% of people actually stick with their goals. If you’re one of those people who have a habit of setting resolutions at the beginning of the year and then abandoning them a few days later, now is your chance to try something different. It's very possible to overcome your habit of giving up on New Year's resolutions with a few basic tips. Here are 5 tips for sticking to your resolutions.
Read MoreJanuary is National Blood Donor Month and in honor of that, I wanted to share with you a tip that can not only save lives, but can put some money in your pockets if your ever in need of some cash. Many people think you get paid for donating blood, the bucks are in donating plasma! There is no compensation for donating blood because experts feel that people would lie about their health just to make a few couple hundred dollars. And I don’t blame them.
Read MoreYou’ve probably heard that you cannot quit your job and collect unemployment benefits, right? Well, here’s the thing, you CAN. There are a few good reasons why Unemployment might compensate you with benefits even if you quit your job. Here’s some of the reasons you can quit your job and still get collect benefits.
Read MoreFiling for unemployment can be confusing if you’ve never done it before. Unemployment is managed at the state level, therefore, there may be differences in what you need to do to apply. If you’re not familiar with the process of how to apply for unemployment benefits, you need to check with your state unemployment agency and they will give you specific instructions on what you need to do. To make it super easy for you, I put together this resource to direct you to your states unemployment agency website.
Read MoreIf you recently lost your job, you could qualify for unemployment benefits. Keep in mind that you cannot apply for unemployment benefits if you just up and quit your job or were fired for negligence or misconduct. Unemployment is meant to be a temporary form of assistance that replaces a part of the salary you’re no longer earning. Most states will grant you unemployment benefits for 26 weeks or half a year, as long as you meet the eligibility requirements and can prove that you are looking for work. Here’s how to apply for unemployment if you lose your job.
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