We cover the basics and more about personal finance, answering frequently asked questions about credit and debt, identity theft, saving for college, retirement, estate planning, insurance, taxes, job hunting, and raising money-savvy kids. Check out the articles, columns, blog posts, radio shows and videos for tons of personal finance advice.
Save On Gas This Year
When you're trying to improve your personal finances, every penny counts. Savings on gas can add up, and there are some simple steps you can take to lower your gasoline bills. These tips on driving more efficiently and maintaining your car are easy to implement and may save you hundreds of dollars.
Reserve Cash With Interest Only Loans
A home buyer is considering an interest-only loan. Interest-only loans are best if you are trying to conserve cash. You can use the cash for a home improvement project, if you're not going to be in the home for a long period of time, or if it's an investment property. However, you should not use an interest-only loan to purchase more property than you can afford.
Selling Property To Buy Mutual Funds
Before deciding to trade in real estate for other investments, it's important to think about your financial goals. If you've reached a point where you no longer want to be a landlord, or you believe your real estate investment going forward will bring limited returns, then you should consider selling some or all of your portfolio. But don't change up your investments because you think you'll have a guaranteed return investing in something else.
Happy New Year
We had a quiet New Year's celebration with our next door neighbors last night. Of course, we talked about New Year's Resolutions. One of my resolutio...
Estate Planning Includes Taxes And Annual Law Changes
When you're planning your estate there's lots of factors to consider and federal tax law tends to change annually so it's important to be aware of what limits apply to the years you're interested in. In addition to federal taxes you'll want to take into account state taxes and capital gains taxes. An experienced estate attorney can help you navigate through estate planning regulations to successfully secure your estate.
Frequently Asked Tax Questions and Answers
Ilyce Glink interviews Chet Burgess, Enrolled Agent. They discuss the biggest mistakes individuals and small business owners make on their tax returns.
Income Taxes: Save Money, Give Less Legally To IRS
There are several legal ways to save money on your income taxes and give less to the IRS. One way to legally save money on your income taxes and give less to the IRS is by paying your January mortgage payment in December. You can also save money legally on your income taxes and give less to the IRS by donating appreciated stock to your favorite charity.
New Tax Rules For Business Taxpayers
There are plenty of new tax rules that small business owners need to know about. Chet Burgess, an enrolled agent who owns Brookwood Tax Service in Atlanta, Georgia.gives some good small business tax advice from Chet Burgess, an enrolled agent who owns Brookwood Tax Service in Atlanta, Georgia. He says that calculating some of these deductions are very complicated, so business owners should pass it along to a tax professional.
Smart Year-End Money Moves
Are you and your money ready for the New Year? Here are some smart money moves that you can make that will save you big-time in April 2006.
Using Home Equity To Buy Car
A homeowner has an auto loan at a very high rate and is wondering if a home equity loan would make more sense. Tapping into the equity of your home can be risky if you don't have much built up for a home equity loan. Home equity loans can provide a financial cushion in case of an emergency.