Teaching Teens About Credit

 Credit is a tool that needs practice to perfect, especially with teenagers. But it's important to expose them to credit young so they know how to use it effectively when they get older. If you find yourself in this situation, here's how to go about it step by step: Start with the "learner's permit" version [...]

How to Stop Stressing Over Money

 If finances make you stressed, you're not alone. Studies have shown that money is a top stress producer among Americans. But while you can't make it through life completely immune from this sort of stress, it is possible to significantly reduce it by following some key steps: Get Organized. Take a look at what items [...]

Mortgage Interest Deduction

 This video was published by the IRS. Do you have a mortgage or home equity loan? If so, you need to know that tax reform changes affect the tax deduction for mortgage interest. The first change is you can deduct interest only for loans that were used to buy, build, or substantially improve your main [...]

Sudden Money: Managing a Windfall

Striking it big with the lottery is a dream for many, but a reality for few. But the fact is, you are far more likely to receive a sudden windfall of money from another source than the lottery. Whether it be an inheritance, a bonus at work, or a tax refund, it is [...]

Individual Taxpayer Identification Number (ITIN)

The Individual Taxpayer Identification Program (or ITIN for short) is for people who must file or pay U.S. taxes but who are not eligible for a SSN. A change in the law required ITINs issued before 2013 to expire, and the IRS is renewing them over several years based on their middle digits. [...]