There comes a time when a country’s government may decide to change the money in use. This may be due to reasons like improving security measures, dealing with counterfeit, corruption, and inflation among others. Just imagine a scenario where the currency is declared obsolete and the government says that you cannot use the money you…
There comes the point in most people’s lives these days where an unexpected bill arises, or something happens where you find you’ve got no more money. You’ve already maxed out your credit card, you’re in your overdraft, and you’re unsure of where to turn next. It’s a difficult time, and it’s easy to feel overwhelmed…
Life has a funny way of springing things on you out of the blue. These can be good or bad little surprises and are all just part of the excitement of life. However, a lot of things do require some financial element so whether it’s an unexpected pregnancy, a new job opportunity, the loss of…
If your loved one has passed away and you are the direct beneficiary of the retirement account like 401(k) or the IRA, you can be the one to control the account by simply presenting the death certificate of the original owner to the bank where the account is held. While making such adjustments, there is…
Not paying your debts can land you in serious trouble and that’s why you need to pay your loan. You shouldn’t go the extra mile of an IRS tax debt. You don’t have to go there. Make a point of clearing the tax bill as soon as you can. The confusion comes when you have…
Parenting isn’t easy. Every choice you make can either positively, or negatively, impact your family! When it comes to teaching your child those big, important life lessons, finding the right technique can be difficult. The number of ways you can help your kids plan ahead for their futures is as numerous as the stars in…
Many financial crises are unavoidable. Redundancy, long term illness, or an accident can turn your finances upside down overnight. Here, we explore several ways to prepare for a financial crisis which should help to reduce the impact, should it ever happen to you. Take Control of Your Finances Make sure you are fully aware…
Everybody desires to have financial independence and stay away from debt. However, the majority are living paycheck-to-paycheck or are carrying a great deal of debt. Anyone who has been in debt will tell you that debt can be harmful and stressful. A debt can hit back at you physically, emotionally, socially and psychologically. Many psychologists…
The new year presents another challenge for individuals and business owners alike: tax filing season is just two months away. Taxpayers might get the mental reminder of making sure that all documents are accounted for. A lot of taxpayers will start looking for the receipts and other documents received over the year. Two months could…
What is the Trump Tax Plan? One of the campaign promises by President Donald Trump was the Trump Tax Reform that he introduced once he won the election. One year after he won the 2016 United States presidential election, President Donald Trump signed the tax plan. The new tax law changes under the Trump Administration…