Valentine’s Day is right around the corner and as much as the holiday is about romance, finances also play a big role in what happens on Feb. 14th. Guys are often under pressure to come up with the “big” gift – like an expensive engagement ring – or to make some other dramatic show of […]
Use These 5 Tips for Financial Intimacy In Your Relationship Read More »
Arkansas Attorney General Dustin McDaniel filed a consumer protection lawsuit against a Missouri man and two companies that control six payday loan websites offering loans to Arkansas consumers at interest rates that exceeded 600 percent. The lenders known to be controlled by the defendants include: Action Payday, Bottom Dollar Payday, Everest Cash Advance, Paradise Cash
Arkansas Attorney General Sues Operators of 6 Online Payday Lenders Read More »
Q: Are there any organizations in the Philadelphia, PA area are participating in the IDA Program? A: For those of you that have never heard of this before, an IDA is: An Individual Development Account (or IDA) that lets low-to-moderate income earners save money for a specific goal – such as a down payment on
IDA Programs: Where to Find Matching Funds for Your Financial Goals Read More »
Q: Hi, I have a pretty unique situation regarding student loan debt. I have about $100K in student loan debt. I did not find a job until about 8 months out of college and the loans were in deferment. The entry level position I obtained was not enough to pay my loans and I was
I Can’t Afford To Repay My Student Loans. What Are My Options? Read More »
Car loans, mortgages, credit cards, and even your apartment rental application can only be approved when you have a solid credit history. If your credit score is deemed too low by lenders, landlords, and other companies that check your credit score as part of the application process, you could be missing out on low interest
What to Do If Your Credit Score is Too Low Read More »
You may not be divorced or even separated when you find out that your spouse stole money from you. When your husband or wife steals money from your bank account or wallet, they may have lied to you to cover up their act and broken your trust. Lies like these can be especially damaging to
What to Do if Your Spouse Stole Money From You Read More »
When you’re filing your federal income tax return, you undoubtedly want to pay the least amount of money possible to Uncle Sam. One effective way to minimize your taxes is by claiming various dependents and exemptions on your income taxes. Claiming the right number of dependents and exemptions can sometimes save you hundreds, or possibly
6 Tax Rules to Know When Claiming Dependents and Exemptions Read More »
Feeding your children when money is tight is one of the most painful and stressful challenges a parent can face. With rising food prices and economic strain, millions of American families are struggling to put meals on the table. If you’re in this situation, know that you are not alone—and there are concrete steps you
Feeding Your Children When Money Is Tight: A Practical Survival Guide Read More »
A reader of AskTheMoneyCoach.com wanted to know how to deal with a defaulted student loan. Her question and an answer are provided below. Many thanks to Marlene Ware, of the National Foundation for Debt Management for her expertise and providing the answer that follows. Question: My husband’s Sallie Mae loan went into default and was
My Husband Defaulted on a Student Loan. What Should We Do? Read More »
Your Social Insurance Number (SIN) is required for work and to receive any type of government benefits in Canada. You will be assigned a unique number if you are a Canadian citizen, a temporary resident, or a newcomer to Canada. It works in a similar way as the Social Security Number (SSN) issued to eligible
What Should I Do If My Canadian SIN Card Has Been Stolen Read More »
After the economy took a nosedive from 2007 to 2009, President Barack Obama signed the American Recovery and Reinvestment Act (ARRA) into law. This bill was designed to give the economy a boost by reducing federal taxes, increasing unemployment benefits and also increasing spending in certain areas. Many people were directly affected by this bill
What is the American Recovery and Reinvestment Act? Read More »
Whether you forgot to take all of the deductions you were eligible to take, or just reported a few wrong figures to your tax return, you do have some options for amending your return. In fact, you have three years from the original filing deadline to send in an amended return. You don’t need to
Dealing With Mistakes On Your Federal Tax Return Read More »
Before this year’s tax-filing deadline in April, you may consider hiring someone to fill out your taxes. Lots of people don’t want to bother with the complicated IRS tax forms or worry about whether they’re interpreting tax laws correctly.
10 Tips to Select an Income Tax Preparer Read More »
When you and your spouse both know that your marriage just isn’t going to work and you want a divorce, you might end up staying married because neither of you can really afford to leave. Many people who want to file for divorce realize that they simply can’t afford to end their marriage when they
What to Do If You Can’t Afford to Leave Your Spouse Read More »
If you’re expecting a tax refund this year, don’t overlook the benefits of requesting a split refund. The IRS offers this option for taxpayers who want to have their tax refund deposited into up to three different accounts. There are a number of reasons why you might want to do this, and making this request
What is a Split Refund? Read More »
