Flipping a house sounds like a great easy way to make money. It sounds simple buy a house at a low price and then paint it and sell it for profit, but flipping a home is not that easy. Learn the real risks involved in flipping homes.
Budgeting can take time and effort. Many people simply do not budget because they do not think that it is worth it. However there are five purposes of budgeting that will allow you to gain control of your finances and begin to build wealth.
Debit cards are now used every day in place of cash. Debit cards have made having a bank account much easier. Debit cards are safer than carrying cash and more convenient than using a checkbook. Read this article to find out more about the history of debit cards.
Many people are so relieved to have a portion of their debt forgiven that they forget to plan for the debt forgiveness tax. The IRS considers debt forgiveness a form of income since you do not have to pay the money back. Learn what you need to do when you file your taxes.
There are six basic types of insurance that everyone needs. They will protect you, and your loved ones financially in the case of disaster or emergencies. Learn what insurances you need.
Recently, on Oprah, Suze Orman outlined a new budgeting practice. The budget idea by Suze Orman instructs people on living on half of their income. This will reduce their expenses and allow them to save more so that they can handle the difficult economic
Debt collection statute of limitations are in place to protect the consumer. It is important to understand what statute of limitations apply to you, so you can protect yourself.
With all of the taxes we are required to pay, you may ask yourself what transactions do banks report to the IRS. This is a valid concern. Some transactions are reported because of taxes, but some are also reported to stop money laundering and crime. Learn about which transactions banks report.
Rolling savings bonds into a 529 account can help to increase the amount of interest that the money earns. Since both savings tools have special provisions when used to save for education, you can roll them over without tax penalties. Learn what steps you need to take to do this.
The difference between EE and I Savings bonds is the way that the rates are determined for each type of savings bond. There are specific guidelines around purchasing and redeeming each savings bond. These regulations also show the difference between EE and I savings bonds.
Paying taxes on savings bonds is something that many people often overlook. It is a simple matter of filing the interest when you cash in the bond. Learn what you need to do to pay taxes on savings bonds.
If you owe money on your car, you may be wondering how to sell it. Selling a car means that you transfer the title to the new owner, but it can be difficult to do if you do not have the title or a title with a lien against it. There are simple steps that you can take to make selling your car easier.
Finances can be a sore topic in any relationship. If you are married, it is beneficial to combine finances, and you have laws protecting you if you were to get divorced. However if you are single you should not combine finances. Learn the best way to split your household costs as a couple.
There are several different types of retirement accounts that you can choose from. The 401(k) and 403 (b) accounts are both offered by employers to their employees. Learn which one you will qualify for.
There are many types of savings accounts to choose from. There are so many products available to help match your savings needs. Learn what types of accounts you should use for your savings.
If you are on a budget, your kids may be balking at the restrictions. One of the best ways to deal with this is to involve your kids in the budgeting process. Teaching your kids how to budget will help them to become financially successful adults.
If you have no money for gifts, you may be dreading the Christmas season. The tough economic times have made it difficult for many people to have a big Christmas. Learn four suggestions to help you have Christmas, even if you do not have money for gifts.