admin Every Friday I recap “news you can use” from the week: a handful of quotes from major (and often expensive) news sources, so you can stay up to date on the news that affects your money without spending a dime and in less than a minute. Here’s an overview of what happened this week. Work-From-Home … Read more
Phovoir / Shutterstock.com It’s tax season for everyone — including hardened criminals. Yes, Uncle Sam expects to collect taxes on all kinds of shady dealings. It might seem needlessly thorough and wildly optimistic, but the IRS lists many illegal activities that count as income in Publication 17, its all-purpose guide for individual taxpayers. Following are … Read more
Did you know that Americans check their phones an average of 96 times per day? That’s a lot of swiping and screen time on a device you’ve probably invested quite a bit of money in! Most people upgrade their smartphones every couple of years. Some people even trade in their old phones from last year … Read more
It’s estimated that about 40 million people have a mistake on their credit reports. These errors could be anything from a misspelled name to an inaccurate report of your payment history that’s negatively affecting your credit score. Fixing your credit report on your own can take a lot of time and energy. In addition to … Read more
You can open a bank account for your child long before they attend their first school dance or slide behind the wheel of a car for the first time. And you should because kids learn by doing. A parent-supervised checking account is the ideal tool for teaching your child the value of money and getting … Read more
The Federal Deposit Insurance Corporation (FDIC) has long been tracking the decline of paper checks over the past few years. In addition, the Federal Reserve Bank of Atlanta recently came out with a statement saying people only write about three checks per month on average. Checks are even rarer than cash these days, in a … Read more
For those old enough to remember, the sudden failure of Silicon Valley Bank in March 2023 dredged up uneasy memories of the late-2000s financial crisis. Back then, the world’s biggest banks teetered on the brink of implosion, and ordinary people worried — rightfully so — whether their money was safe, even in “too-big-to-fail” banks. Silicon … Read more
The Alliant Credit Union Teen Checking Account earns a spot on our list of the best bank accounts for kids for several reasons. For starters, it’s virtually fee-free. It can earn a decent yield on all balances. It has a big network of fee-free ATMs and a generous reimbursement fund for out-of-network ATM transactions. It’s … Read more
fizkes / Shutterstock.com Editor’s Note: This story originally appeared on Point2. Never has the dream of becoming a homeowner in Canada felt just like that — a dream — until now. Homeownership rates declined to a 20-year low in 2021, and potential buyers might still be inclined to postpone ownership plans due to ongoing inflation … Read more
bubutu / Shutterstock.com Editor’s Note: This story originally appeared on LawnStarter. So, maybe you’re waffling over whether to invest a chunk of change in a pressure washer. Is it really useful? Is it worth the cost? The answer to both questions is yes. A pressure washer is one of the most versatile tools you can … Read more