How to File for a Tax Extension

How to File for a Tax Extension

Filing a tax extension won’t give you more time to pay taxes that you owe, but it will give you more time to get your paperwork together before you submit your paperwork. It’s not difficult and may even slightly reduce your risk of an audit.

Social Lending Networks Compared

If you, like most Americans, are fed up with the banking system, then social lending might be for you. I believe social lending is the way of the future for both borrowers and investors. And today, when bank savings rates are tiny, the stock market is up and down, and few banks are making loans […]

What to Do If Your Employer Cuts Your Hours

Has your employer recently reduced your hours at your hourly or part-time job? You’re not alone. In this recession, reduced hours are affecting young workers more than any other age group. If your boss cuts your hours, it’s not an easy time to pick up and find new work. There are, however, a few steps […]

Online Savings Accounts Provide Benefits Beyond Yield

These days, savers are bemoaning the plummeting interest rates on online savings accounts. Just two years ago, rates were 4%, 5%, even 6%. Now most online savings accounts pay yields less than 2%. Although I did write about alternatives to high yield savings accounts, I still think everybody should have an online savings account (read […]

Is That Degree Worth the Student Loan Debt?

Is That Degree Worth the Student Loan Debt

When you are considering student loans it’s important to look at the big picture. Is taking that debt going to lead to more money over all? How much more will you earn with a degree? What will you be giving up in the meantime? We take a look at all those questions as we analyze the true cost of college.

Don’t Forget April IRA Contributions

Today is April 1st. And that means you have 15 days left to file taxes if you haven’t already! It also means you still have until April 15th to make individual retirement account (IRA) contributions that can be counted, for tax purposes, as being made last year (2008). Why does that matter?