There are a lot of things in life that should be free but aren’t. For example, free chips and salsa at a Mexican restaurant has always been nice perk, but unfortunately, many chains now charge for the tasty appetizer. Or what about filling your tires with air when you fill up your gas tank? It […]
The term “predatory lender” refers to a loan provider who approves loans for those who aren’t likely to be able to pay them back. The term became popularized during the 2008 financial crisis, when many lenders were found to have approved mortgages with little regard for the borrower’s situation. But, what if the “prey” were given […]
People who choose to work for themselves tend to like a certain amount of independence. It takes a lot of gumption to cut ties with the traditional 9-5, and the kind of person willing to take that leap is usually in search of an independent lifestyle. But, it’s hard to be truly independent when you’re chained to […]
Before you apply for any kind of financing, it’s important to understand how loans work so you know which type is best for your situation. Here are some common questions and answers about loans.
Dreaming of buying a home? Some Americans grew disillusioned with homeownership during the housing bust, but the real estate market is showing signs of recovery in many parts of the country. Before you buy a home, though, consider these five questions to gauge your readiness.
How much of your monthly mortgage payment is tax deductible? The short answer is more than you might think, but not as much as you might hope. Depending on how your mortgage is set up, your monthly payment likely includes principal, interest, taxes, and insurance, also known by the acronym PITI. Let’s take a look […]
Owning a home has long been a great way to save on your taxes. That’s still true. Take a look at the following ways that owning a home can still give you a break on your taxes.
When people go through a financial crisis, sometimes bankruptcy is the best or only solution. For example, when someone has insurmountable debts, often due to one-time events such as divorce, catastrophic illness, or business failure, bankruptcy may be the best way to overcome debt that person has no way of ever paying back. By “bankruptcy,” […]
Although the year is winding down, there’s still time to maximize your 2013 refund. Here are 10 tips for saving more on your taxes before December 31: 10. Drain your Flexible Spending Account (FSA). If you still have money left in your FSA, don’t let it go to waste. Check with your employer to verify […]