How to Correct an Error on Your Credit Report

Photo: 401(K) 2013

Even small errors on your credit report can cause big problems. A typo in your home address could make it difficult for you to pull a copy of your credit report, for instance. A larger error, such as a creditor misreporting your financial information, could cause more serious issues. This is why it’s essential that […]

Published or Updated: April 3, 2014

What Type of Life Insurance is Best?

Photo: More Good Foundation

Search around the web for the best type of life insurance, and you’ll find lots of financial advisers who say, without hesitation, that term life insurance is best. While I generally agree and have term life insurance myself, the right answer for each individual is not always that easy. The truth is that with life insurance, as […]

Published or Updated: April 3, 2014

Variable Income? 3 Options for Budgeting

Variable Income Budget

Photo: RambergMediaImages As a freelance writer, I understand the vagaries of living on a variable income. It’s a boom-and-bust business, and some months, my family has more than enough. At other times, we’re barely squeaking by. Living with a variable income makes it hard for me to satisfy my Type-A-personality need to carefully budget all […]

Published or Updated: March 27, 2013

9 Ways Credit Cards Can Save You Money

Ask anyone why they use credit cards, and I bet no one would reply “to save money.” Most are likely to think of fees, interest and debt before suggesting credit cards as a money saver. But there are many ways credit cards can help you save. Some of them are little-known, but experts have been taking […]

Published or Updated: March 24, 2014

Do You Need Life Insurance after You Retire?

It’s hard to believe, but the 20-year term life insurance policies my wife and I have are about to expire. We bought them when we adopted our children, and my how time flies. And it has me wondering whether we need to have life insurance as our kids leave the house and we start looking […]

Published or Updated: March 24, 2013

How to Protect Your Credit During a Divorce

Divorce Can Be Expensive

Photo: EssG Divorce, whether nasty or amicable, can be an emotional roller coaster. It can be a financial roller coaster, as well. Not only can divorce hurt the finances of both parties, but it can be particularly difficult for the spouse who did not handle the money during the marriage. The good news is that […]

Published or Updated: April 3, 2014

7 Steps to Take Before Buying Your First Home

Photo: Steven M_61

Buying your first home is exciting, but it can also be a little overwhelming. Credit checks. Mortgage applications. Home listing after listing after listing. Where do you begin? With these seven steps, of course. 1. Research Prices in Your Area This is something many first-time home buyers don’t do. But skipping this step can result […]

Published or Updated: April 16, 2014

How to Maximize your Employer’s 401(k) Match

Free money is free money no matter how you look at it. Can you believe that every year millions of employees miss out on their employer’s 401(k) match? This is the best kind of free money because you don’t have to do much to take advantage. So what do you have to do? Simply be […]

Published or Updated: April 21, 2014

Tax Credits and Deductions for a College Education

College Fund Taxes

Photo: Tax Credits If you were a college student, were paying off student loans, or had a child in college in 2012, remember to check for education-related deductions and credits when you file your taxes this year. The IRS names several available deductions and credits related to college expenses. I’ll break down the options, so […]

Published or Updated: April 21, 2014