What Do I Do If I Find An Error On My Credit Report?
Your credit report can have a big impact on your life. If you’re looking to borrow money, your credit report can affect whether you’re able to borrow money and even how much you’ll pay in interest to borrow it.That’s why it’s important to check if the information on your credit report is correct to protect... Read More
6 Tips to Save Money During Thanksgiving
The holidays are a stressful time for many people, especially if you’re feeling strapped for cash. If you’re wondering how to feed everyone for Thanksgiving this year, you’ve come to the right place. Read on to learn tips for how to save money on everything from Thanksgiving dinner to travel.Make a Grocery List & Budget Before... Read More
4 Life Events That Change Your Taxes
Filing taxes is one of those pesky housekeeping items you have to do every year. No one wants to do it, especially if you have a life event that will drastically affect your taxes. While you may not be able to prepare for every event that comes your way, you can set yourself up for success... Read More
What is Debt Consolidation?
Debt consolidation is a financial strategy that involves combining multiple debts into a single loan or line of credit. Consumers may choose to consolidate their debts for one or more reasons: To simplify their monthly payments, To reduce interest rates, or To reduce monthly payments. What You Should Know About Debt Consolidation LoansSingle PaymentInstead of... Read More
What to Do After Being Rejected for a Personal Loan
It hurts to get rejected … from a love interest or for a personal loan. But once the sting has subsided, you can get your mojo back. Follow these guidelines to improve your chances of being approved for a personal loan in the future. Improve Your Credit ScoreDuring the application process, you likely learned your credit... Read More
How Do I Report Income from My Side Hustle?
It’s not as difficult as you might think.So, you’ve decided to support your regular employment income with a side hustle. Good for you! You’ve joined the nearly 45% of Americans who work “on the side” for either extra spending money or to cover basic living expenses. Most side hustlers spend 5-10 hours per week earning money outside... Read More
How Do Tax Brackets Work?
We’re not in the same tax bracket.Federal income tax liability is based on a percentage of your taxable income. Don’t confuse taxable income with gross income, or the total amount of money you earned over the course of a year. What Is Taxable Income?Taxable income is the money you earn from work, investments, and other sources... Read More
How Do I File a Tax Extension?
And What Are the Consequences?The most important thing to know about filing a tax extension is not how it’s done. The most important thing to know about filing a tax extension is what it’s actually extending … because it’s probably not what you think. The most important thing to know about filing a tax extension is... Read More
Should I Itemize Deductions on My Taxes?
Deciding to File Schedule AWhat are Deductions, Anyway?Deductions are expenses you can subtract from your adjusted gross income when filing your federal income tax return. Deductions reduce your taxable income, which is the amount of money subject to taxation. Some deductions are available to all taxpayers whether you choose the standard deduction or choose to... Read More
