Newly married or thinking of moving in together? Use these couples money tips to keep your relationship with your partner and your relationship with money healthy from the get-go.
Spousal issues
How Much Life Insurance Do You Really Need? Which Type Is Best?
Life insurance is definitely for those you leave behind. Beyond that, it can also be for your own future as well. Choosing a well-balanced combination of both term and whole life insurance is the best protection you can have for the unknown future ahead.
Do You Need A Financial Planner? Here’s How To Tell & What To Look For In A Financial Planner
While many people may be perfectly capable of managing their own finances, they may not be educated in all aspects, or may not have the time to keep an eye on their money and financial plans. That’s when hiring a financial planner makes the most sense.
What If Your Spouse Died Today? Are You Ready?
Of course, no one is ready for their spouse to die. But it may happen unexpectedly one day. And you should do your best to be prepared in the event that it does. Here are the best tips for making sure that you’re able to pay for the funeral, while at the same time keep your head above the water — financially.
When A Loved One Can’t Or Won’t Manage Their Money
Showing someone else how to manage money may be easy when that someone is your teenager. If you’re trying to help another member of your family who’s asking you for money, giving them money management tips is probably not going to be as easy. Here are some things you can do when dealing with a loved one who cannot or will not manage their money.
Do You Have A Will? Here’s How To Write A Will + FREE Online Will Forms
Knowing how to write a will is a great idea if you have children under the age of 18, have recently gone through a divorce, and for a multitude of other reasons. Making a will when you still have all of your faculties will give you the peace of mind you need. If you need a will, here are some tips for how to write your own will, what it will cost if you pay a professional to write a will for you, and free legal will forms so you can write a living will yourself.
Why Parents Should Consider Moving In With Their Adult Children
I recently wrote about how adult kids living with mom and dad can put a drain on the parents’ retirement. But if you turn the situation around, it could actually be quite advantageous. Extended families are good for finances…
What To Do When A Spouse Dies: How To Get A Handle On Your Finances
When your spouse dies, what in the world are you supposed to do next? How do you keep your head above water — financially — in addition to keeping it all together emotionally? Here are some tips for getting your financial things in order, so things will go more smoothly regarding money and paperwork after the loss of your spouse.
If You’re Living With Your Parents Now, It Will Cost You Later
A large number of Generation Y is still living at home with mom and dad, in an effort to save for the future. While this means these adult kids will have more money in their bank accounts to buy a home and start a family, it also puts a strain on Mom and Dad’s savings. And they still have their OWN future to plan for.
What Happens To Your Mortgage (Or Your Car) If You Die?
If you die, will the bank be willing to do business with your spouse? Will he or she have to move? Will the bank foreclose on your home? These are things you need to consider when purchasing a new home. The fact of the matter is, you should consider purchasing life insurance to protect your mortgage. Here’s why…
Tips Before You Switch From A One-Income Family To A 2-Income Family
Before you take that job and become a two-income household, rather than a one-income one, read this first.
Qualifying For A Home Loan (…Using Just One Income)
For a couple purchasing a house, it might be a better idea to use only one person’s income to qualify for your home loan. By using only one person’s income on your home loan, you are guaranteeing that you are not purchasing a house that you will not be able to afford should you find that one person is unable to work for any period of time. But wait, there’s more!
Married Money Dilemma: Should You Maintain Separate Finances In Your Marriage?
There are good reasons to have separate finances and there are also good reasons to have joint finances. Here are some of the benefits of having separate finances, compared to the benefits of combining finances when you’re married.
3 Tax Updates Businesses Should Know About
This summer Congress increased the minimum wage. In order to offset the increase in expenses, Congress also allocated money for tax breaks for these businesses. This article lists 3 of the ways to take advantage of these tax breaks.
Marriage and Taxes – What You Need To Know
Getting married is a wonderful event. But after the celebrations are over, there are many decisions you will face as a married couple. This article lists a few of the tax decisions newlyweds will face in the beginning.
U.S. Savings Bonds
United States Savings bonds are a great way to invest money conservatively and can provide the opportunity to grow interest tax free. These bonds make a great gift for young children to hold on to and potentially use for college expenses.
Frugal Food Tip: How To Save $300 A Month By Brown Bagging It For Lunch
You may be able to save a lot of money each month by simply bring your lunch otherwise known as brown bagging it.
What Is My Tax Filing Status?
We’ll discuss the different tax filing statuses and the requirements and benefits associated with each status. By knowing all the tax statuses available, you may be able to reduce your tax liability.
Education Tax Credits: Hope Credit & Lifetime Learning Credit
The Hope Credit and the Lifetime Learning credits are 2 types of tax credits that can reduce your tax liability and save you money.
