Is Coffee Holding You Back?

( – The key to financial success? Stop wasting money on pedicures and $4 lattes. At least that’s what many popular personal finance gurus would have the world believe. How much weight does this line of thinking hold? Do a few, small personal sacrifices really pave the road to financial security? Check the Math While […]

What You Can Give Away Yet Avoid the Gift Tax


Many people choose to gift assets to members of their family (or even friends and partners) over the course of their lifetime. Usually, this is part of their financial planning efforts. While it can be a great way to distribute wealth and avoid paying estate taxes, especially after death, it’s important to be aware of […]

4 Medical Expenses You Can’t Deduct

( – Most Americans received an extension on tax filing times as a result of coronavirus. That new deadline is swiftly approaching. People who receive significant medical care throughout the year, but have yet to file, can and should take advantage of the many deductions available to reduce the amount they owe. There are several […]

Beware This Major Telephone Scam

The Only Time It’s OK To Give Out Personal Financial Information Over The Phone Is When…

( –  Calls from sophisticated scam artists often appear to come from a legitimate bank on Caller ID. The caller might even seem to have access to private financial data, such as banking account numbers, home addresses, employment status, maiden names, or the individual’s date of birth. But that doesn’t mean you should trust them. […]

Are There Hidden Fees in Your Medical Bills?

Why You Need to Read Your Medical Bills

( – No matter how often someone visits the doctor one thing’s for certain: medical bills will appear. Instead of tossing them on the counter or in the recycling bin, take time to really review them. If there’s a charge that doesn’t add up or balances weren’t picked up by the insurance company, don’t panic. […]

Fastest-Growing Source of Personal Debt

Fastest-Growing Source of Personal Debt

( – Personal loans became the fastest growing debt in the United States last year. It grew to $305 billion in the first half of the year, and it outpaced the growth of credit card debt by double. YouTube’s “MoneyCoach” channel explains the intricacies of personal loans: If you’re considering a personal loan, you should […]

Why Downsize for Retirement?

Why Downsize for Retirement?

( – Attitudes about home size evolve with age according to a 2017 Trulia survey on house size. While many millennials are wishing for more square footage, 36% of Baby Boomers are thinking about downsizing. The idea of a smaller home isn’t just about feeling cozier. When retirement rolls around, downsizing can help cut back […]

Pros and Cons of Claiming Social Security Early

( – When’s the best time to start receiving your Social Security? The full retirement age, depending on when you were born, is between 65 and  67 years old. However, Americans can retire as early as 62 and still receive benefits. Filing for your benefits early does come with some pros and cons. Here’s the […]

Naming Someone as Your Power of Attorney

What is the Greatest Risk of Giving Someone a [General] Power of Attorney?

( – After a lifetime of managing your own affairs, giving someone Power of Attorney can be terrifying — and rightly so, since it comes with a  great deal of risk. One way to limit the risk is to choose the Power of Attorney that only gives as much authority as is absolutely necessary. General […]

Car Purchasing: Cash Is Always King!

Which Car Purchase Is Most Likely to Cost the Least?

( – Got your eye on the latest sports car? Or maybe a half-ton pickup is more to your liking. Whether it’s a new car or a pre-owned model, you want to spend the least amount of money possible while still getting exactly what you want. To do that, remember this — cash is king. […]

Have You Overlooked This Major Tax Break?

Tax Breaks Americans Overlook

( – Every year, millions of U.S. residents look forward to their tax refunds. Unfortunately, many of them aren’t receiving all of the money they deserve because they fail to claim their earned income tax credit (EITC). The EITC is a credit available to people who make low to moderate incomes. The IRS explains: The […]

Top 5 Retirement Locations in the US

( – The culmination of your career can be an exciting time. You’re looking forward to retirement and focusing on everything you love or even just a bit of relaxation. You might even be considering a move — to be closer to family, in a sunny location, or even just in a favorite city or […]

Helpful Tax Deductions for Seniors

Which Type of Account Saves Pre-Tax Dollars?

( – Sometimes seniors miss out on viable tax deductions that might help save them money or increase the value of their annual return. The most common applied deduction is the standard deduction, which nearly doubled for 2019. This year, singles can claim $12,000 in the standard deduction while married couples filing jointly can claim […]

Nutritional Meals That Are Budget-Friendly

What Meal Gets You the Most Nutrition for Least Amount of Money?

( – When planning meals for one or a family of 10, it’s important to provide good, solid nutrition while staying within the budget. Penny for penny and pound for pound, a solid meal of beans and rice can do both. Keep reading to find out how. Beans and Rice for Nutrition While pinto or […]

Checking Account: Necessities or Spending Spree?

How Much Money Should I Keep in My Checking Account?

( – Being financially healthy isn’t just about how much money you have, but where you have it. That means diversifying in more ways than one. Those who keep all of their money in a single checking account quickly regret that choice if the account is ever compromised or they have a habit of spending […]

Elizabeth Warren Wants to Talk Money

( – The National Budget isn’t the only budget Elizabeth Warren would like to fix. As the co-author of the best selling personal finance book All Your Worth: The Ultimate Lifetime Money Plan, she knows a thing or two about household budgets. Whether you’re looking to save a little extra cash or completely overhaul your […]

Habits That Threaten Your Financial Security

Spending Habits that Threaten Your Financial Security

( – We’ve all done it; you hit up the mall and suddenly your trip for toilet paper turns into a $100 shopping spree. It’s all too easy to get caught up in bad spending habits. We want the latest smartphone, the best toys, the newest car, and even the best food, but all of […]

Flushing the Truth out About Standard Homeowners Insurance

Water Damage Is Covered by a Standard Homeowners Insurance Policy When

( – A commonly misunderstood aspect of many homeowner policies is coverage from water damage or flooding. While most standard policies offer limited coverage for water damage, none cover flooding. Here’s what you need to know: Water damage is only covered when it can be defined as “sudden and accidental.” A homeowner policy may cover […]

Biggest Lessons I’ve Learned About Probate

Which of These Items is Not Generally Included in Probate?

( – There are two certainties in life: death and taxes; and in most cases, one leads to another by way of probate and estate taxes. One method for ensuring your loved ones are taken care of financially, regardless of probate, is purchasing a life insurance policy. Planning for Probate Doing what you can to […]

4 Assets You Didn’t Know You Had

4 Assets You Didn’t Know You Had

( – You’re richer than you think! If you’re glancing down at your wallet right now scoffing at what you just read, you’re not alone. All too often we consider money – either in cash form or digital form – to be the only true “asset” we have; that’s simply not true. Hidden in the […]

7 Ways to Lower Your Cable Bill

7 Ways to Lower Your Cable Bill

( – Cable used to be fairly priced. While never truly cheap, it was something most American households could budget for and enjoy without too much effort. These days, it’s a heck of a lot different. Thanks to crackdowns on the industry and an ever-expanding list of competitors offering access to online streaming services, prices […]

Do You Withhold Enough Taxes?

( – If you’re one that struggles to understand withholding taxes or how they impact your paycheck and your end-of-year filing, rest assured you’re not alone. Taxes are one of just two certainties in life and the subject can be confusing for many people. Like most laws, those involving taxes are subject to change, sometimes […]

Do People Constantly Ask For Money?

Do People Constantly Ask For Money?

( – Your friend is laid off from a job they expected to work for the rest of their lives. Your adult child needs urgent dental work they can’t afford. A neighbor’s dog is struck by a vehicle and needs urgent surgery. Your niece needs $10,000 to buy her first home. No matter who is […]

7 Celebrities Who Went From Bank to Broke

7 Celebrities Who Had it All and are Broke

( – There’s an old adage that says the more money you have, the problems come your way. Rapper Notorious B.I.G. summed this up as “Mo Money, Mo Problems,” quipping the phrase when he himself was originally coming into money for the first time. Sadly, Notorious never got to enjoy his money; his life was […]

Affordable Fashion Frenzy at Your Fingertips

( For some, clothing is an art form and the latest fashions are all they can think about — whether they can afford them or not. The bottom line is that finding a cute, comfortable and functioning high-end wardrobe can get expensive. That’s why so many people turn to pre-worn clothing to get their fix […]

Meal Planning Benefits

Why Everyone Should Be Meal Planning

( – Sticker shock in the checkout line is a common experience. No matter how conservative a shopper might be, the final total can easily add up to more than they want to spend. One solution? Meal planning. Many people do it and it isn’t just about saving money, though that’s certainly one added perk. […]

Determine the Real Value of Your Time

( – If “time is money,” how do you determine what your time worth? Knowing the answer to that question will give you the tools you need to make a more educated decision about how you spend your time and what you’re willing to trade for it. For example, once you know what your time […]

Save Pre-Tax Dollars With This Account

Which Type of Account Saves Pre-Tax Dollars?

( – Maybe you just breathed a sigh of relief because all the bills are paid and you have a bit of extra cash, but that sudden intake of air sparked a sharp pain from an impacted wisdom tooth. Or maybe you’re on a first name basis at the ER because one of your kids […]

Budgeting: Why It Still Matters

Why Budget?

( – We talk about budgeting quite frequently, but what exactly is a budget? A budget is a tool that allows us to easily assess our income versus our expenditures. The result is a clear tool we can use to better understand our overall finances and set clear money management goals. Our bills are paid […]

Life Insurance: Unexpected Cost and Eligibility Factors

Which of These Can Affect Your Cost and Eligibility for Life Insurance?

( – Do you have life insurance? Is it enough? Nearly 60% of people in the U.S. have some type of life insurance, but 20% of those admit they don’t have enough to cover the anticipated expenses after they pass away. So what’s stopping people from buying a policy — or raising their coverage amount? […]


Who's Making Real Money Online?

Who’s Making Real Money Online?

All Kinds of People Are Making Money Online — Why Not You? Working online from home is a concept that appeals to a lot of...

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