MoneyUnder30.com

Declare Your Tips!

Declaring tips is the right thing to do and part of a smart financial plan.

When you get paid small amounts of cash every day it’s easy to think you can just pretend they never happened. But tips are income and the IRS is well aware that servers are notorious under reporters of income. But reporting your tips isn’t just the right thing to do, it can also help you show more income which will go a long way with creditors.

Where’s the Best Place to Open an IRA?

TradeKing online IRAs offer stock trades for just $4.95 and no minimums.

I’ve been bugging my wife to open an individual retirement account (IRA) in addition to her state retirement plan. Of course, she’s looking to me for the basics like…”OK, where do I open the account?” Easy question; tricky answer. I’ve held IRAs in two places. A few years back I rolled over a 401(k) to […]

Survive a Stock Market Crash: What To Do When Markets Tank

You can survive a stock market crash by combining an options strategy, buying opportunities, and the will to ignore financial media.

Last Thursday (May 6, 2010), the market dropped nearly 1,000 points during the day as investors rushed to unload stocks. Fear and panic were all over the airwaves as commentators tried to find a way to explain the precipitous drop. Although the stock market crash was terrible for some, it presented opportunities to others. Here […]

New Grads: Four Money Facts Worth Knowing

Graduation season’s just around the corner, and soon-to-be grads nationwide are plotting the next big move. Many of you coming out of college may soon start earning your first steady, full-time paycheck (and it will hopefully be bigger than those $8-an-hour jobs you used to work over summer vacation). But with a new income come […]

Get a Mortgage Pre-Qualification Letter Before House Hunting

Once you’ve made the decision to purchase a home, I recommend you get pre-qualified for a home loan as soon as possible. Pre-qualification is a quick but very important step you should take before making any offers. Why? Pre-qualification serves two primary purposes: It demonstrates to both you (and to sellers) how much house you […]