Tax Tips for 2009 Tax Year
To help you make the most of your 2009 taxes, here are some tax tips to help you organize, prepare, and take advantage of the available tax deductions and tax credits for 2009 tax year. Instead of trying to compile my own list, I reached out to a few personal finance bloggers to share their [...]
How the First Time Home Buyer Credit Can Create Economic Growth
Last week, when the President signs the expanded aid package, my husband and I (and many others) breathe a collective sigh of relief. The expanded aid package includes a seven month extension of the First Time Home Buyer Credit. While many people do not support the extension, I am grateful for it. Granted, my position [...]
Why The First Time Home Buyer Credit Is Terrible For The Economy
The first-time home buyer tax credit extension cleared a hurdle in the Senate today with a 98-0 vote, and it could be a done deal if approved by the House this week. All over the U.S., there is an increasingly heated argument over the benefits of the First Time Home Buyers Credit and this extension. [...]
Fall Cleaning For You and Your Financials!
Ah … Fall and Spring cleaning — a fresh desk, a clean home, a new perspective with the changing of the seasons. Why is this such a good idea, especially when it comes to your financial documents? It’s simple. Clutter can be dangerous – especially when it involves your finances. When your financial documents are [...]
Why (and How) You Need To Review Your Credit Card Statement
I have heard it is said that people spend more with credit cards than with cash. I believe those statistics based on my personal experience. However, there is something to be said for the convenience of the credit card because there are advantages of credit cards over cash. One way to minimize the cost of [...]
10 Questions To Test Your Credit Savvy
You may know that your credit report and credit score are important, but do you know why? And do you know how to improve them? Instead of giving you another boring list, here are 10 quick quiz questions to test your credit quotient. Write your answers down on a piece of paper and check them [...]
Beware Of Mortgage Foreclosure Rescue And Loan Modification Scams
Bad economy and high unemployment means there are a lot of families facing financial crisis and possibly home foreclosure. Making Home Affordable refinancing and loan modification program is helping, but unfortunately, not everyone is eligible. This crisis creates opportunities for scammers who promise to stop foreclosure are out to make a quick buck. And this [...]
FTC Video: An Inside Look At Business Opportunity Fraud
Our society is filled with con artists who are promising people a lifeline through jobs, recession-proof income, and access to free government grant money. They are bleeding money from individuals like you and me, and from the economy as a whole. The Federal Trade Commission is cracking down on scammers trying to take advantage of [...]
A Credit Card Is Not Your Ticket To Financial Freedom
One of the inaugural questions on Moolanomy Answers was asked by Scott, “How old do I have to be to get a credit card?“. The interesting part is how he worded the rest of his question: “I am 15 years old and I can’t wait to get my own credit card. I really want to [...]
Review Date: 4/1/2009
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