This summer, many students will be taking on summer jobs. However, many are unaware of the tax consequences involved with employment. Additionally, many students fail to establish a savings goal. For example: 1. Form W-4, Employee’s Withholding Allowance Certificate must be completed. Employers use this form in order to withhold taxes from your paycheck. The [...]
Many people have already discovered this great new way to save. What is it you may ask? Tax time is a great time to save because many people receive refunds. In 2010 President Obama created the tax time Savings Bond Program. The program gives tax payers the opportunity to put away part of their refunds [...]
Nowadays you often hear about how bad the economy is. Unemployment is high and everything costs more. Many people are looking for alternative means of earning extra money. I recently came across a new website titled Inboxdollars.com. This site provides individuals with an easy way to earn extra money. As an additional incentive, there is [...]
Have you ever wondered what government resources are out there? Well, don’t keep wondering, simply click and take advantage of these great resources. Mymoney.gov-This site provides a wealth of resources for businesses and individuals alike. Whether you are looking to educate yourself about personal finance or looking for financial management ideas for your business, this [...]
I was reading an article about personal finance regarding which sex is better at managing the finances. The article mentioned that women are better at personal finance because we are more organized and pay more attention to detail. Although in many households, men are the bread winner, the husbands leave the budgeting and bill paying [...]
Experts agree that a family that budgets together stays together. Last month I had the opportunity to speak to a group of high school students during the Great American Teach In. My presentation was on personal finance for teens. Of course I asked them if they get involved with the family finances. Many said no. [...]
Do you remember when your mom would put that big purchase on layaway? It seems like it was so long ago. Not anymore. In these tough economic times, many retailers are offering layaway as an option for many of their customers. This makes it more flexible and will give customers the option of not paying [...]
Let’s face it, 2009 has been a very challenging year for everyone regardless of income level. As we near the end of 2009 and prepare for 2010, let’s start planning now in order to avoid some of the financial pitfalls encountered in 2009. For example, have you put off creating that emergency fund? Start [...]
Here are some helpful tips to help you enjoy and save money this Thanksgiving holiday: Get a free turkey or other free meal items- Many churches and nonprofit organizations received donations of turkey during the holidays. The churches in turn give these items to their church members. Check with your local church to see if [...]
Have you ever wondered what other people are doing to save money? Are you trying to save but need some creative ideas? A recent article by Harris Interactive tracked how Americans are saving. Some of the savings strategies include: Bringing lunch to work Less frequent visits to the hairdresser or barber Buying generic brands [...]
