Personal Finance Blog - Spreading Financial Independence. Guest Bloggers Are Welcome

Guest Bloggers Are Welcome

Before You File for Personal Bankruptcy:

By: Peter Suhai Credit Repair Views: 4588 | Comments: 0 | Votes: 0

Information About Credit Counseling and Debtor Education Produced in cooperation with the Department of Justice’s U.S. They also must complete a debtor education course to have their debts discharged.The Department of Justice’s U.S. Trustee Program approves organizations to provide the mandatory credit counseling and debtor education. By law, the U.S. Check the U.S. Check the U.S. More

Addiction is Expensive

By: Amanda Gleason Personal Finance Views: 3601 | Comments: 0 | Votes: 0

Although "soft" addictions have been kind of a hot topic recently in terms of their financial affect on a person's life, apparently "real", hard addicitions are still the most costly to individuals and society. I wrote a while back on shopaholics, and how that kind of compulsive behavior leads to credit card disaster and often bankruptcy. So what are the 5 most costly addictions? More

Correcting Credit Reports

By: Art Of Saving Banking Views: 6210 | Comments: 0 | Votes: 0

It is very important to get a copy of your credit report from each of the three major credit bureaus at least once a year to check for any errors. Errors on credit reports are common, but can usually be corrected fairly easily without seeking outside help. Make sure you keep a copy for your records. Agencies are required by law to respond to your inquiry within 30 days. Address. More

MedjetAssist

By: WiseSaver Personal Finance Views: 5117 | Comments: 0 | Votes: 0

Travel can be a wonderful thing, until you are hospitalized away from home. What kind of treatment would you receive? How would you get back to your physician and loved ones? With MedjetAssist membership, you are in control. Be a savvy traveler. Put your MedjetAssist card in your wallet. More

Saving Energy = Saving Money

By: Peter Suhai Personal Finance Views: 3604 | Comments: 0 | Votes: 0

An easy way to save money is to conserve energy. Not only is it good for your wallet, it’s also good for the environment.Look for the ENERGY STAR logo.ENERGY STAR is a government-backed symbol for energy efficiency. It is a joint program of the U.S. Environmental Protection Agency and the U.S. ENERGY STAR qualified appliances use 10–50% less energy and water than standard models. More

Make the most out of your 401(k)

By: Bogie Boric Retirement Planning Views: 6068 | Comments: 0 | Votes: 0

This year (2007) you can contribute up to $15,500 to your employers' 401(k) plan. If you are older than 50 add an extra $5,000 in catch-up contributions for a total of $20,500. If you are eligible to participate and your employer offers matching contributions there is no reason for you to say "no" to this free money. The important point is that this is tax-deferred growth. More

Qualified moving expenses

By: Robert W. Ditmer Tax Planning Views: 3168 | Comments: 1 | Votes: 0

In the case of some fringe benefits that are offered to or given to employees, certain benefits can be excluded from an employee's income because the expenses would normally be deductible on an individual's personal income tax return. A moving or relocation expense is one such benefit. What moving expenses are deductible? How should moving expenses be reported? Robert W. More

Tax benefits of owning a home

By: Bogie Boric Tax Planning Views: 7735 | Comments: 0 | Votes: 0

Deducting mortgage interestIn most cases, you can fully deduct your mortgage interest secured by your primary or secondary home. Beginning in 1987, mortgage interest to buy, build, or improve your home (acquisition debt) up to $1,000,000 or home equity loans up to $100,000 became tax deductible. You can only claim this exemption once every two years. More

The Biweekly Mortgage Scam

By: Goldfish Home Loans Views: 3650 | Comments: 0 | Votes: 0

One of the popular ways to save money on mortgages is to use what is known as the biweekly mortgage payment plan. With the biweekly mortgage payment plan the borrower makes payments on his mortgage every two weeks, instead of once a month. The biweekly payment is one-half of the monthly payment. There is no doubt that this will save you money. This seems astounding! Doesn't it? More

Roth IRA Basics and Benefits

By: Bogie Boric Retirement Planning Views: 28542 | Comments: 1 | Votes: 0

The Roth IRA is one of the smartest saving and retirement planning tools available to investors. Unlike the traditional IRA or 401K, contributions to the Roth IRA are not tax deductible, but the benefit of the Roth IRA is the ability to make withdrawals tax-free when you retire. • Contributions may be made after age 70 ½ as long as you have earned income. More