Funding Family Holidays with Logbook Loans

Are you looking for the ultimate break? Do you ache to head overseas with your loved ones? If you’ve put all of your finances into buying a home, you may feel as though you’re stuck there with no alternative to travel. The good news is there is an easy way out of this financial stalemate:…

Four Ways to Reduce College Costs in High School

(Family Features)—College is a significant investment and how to pay for it can be a major source of concern for parents and students. However, there are ways to reduce the amount of debt you take on when preparing for higher education. Outstanding student loan debt has now reached $1.2 trillion, according to 2013 estimates from…

6 Signs Your Retirement Plan is in Trouble

After the 2008 economic meltdown, when the stock market fell 37 percent, veteran financial advisor Curt Whipple says he met with clients from outside financial institutions who’d lost 50 to 60 percent of their portfolio in a single year. “Almost no one foresaw what happened that year, and I doubt very much that many will…

My Father’s 1959 Tax Return

Exclusive Excerpt from: “Comical Sense: A Lone Humorist Takes on a World Gone Nutty!” by Tom Purcell I stumbled upon my father’s 1959 income tax return a few years ago. How I long for the simplicity he enjoyed when he filed his taxes that year. For 1959, my father paid a measly 5 percent in…

Spending to Save Money in the Long Run with Emergency Cover

Home emergency cover is widely considered an essential insurance policy for all homeowners and landlords, especially with the hostile weather of late that’s hit the UK. Before you start sourcing a home emergency policy, check your current home insurance policy because there’s a chance you’re already in possession of it, though if you’re not, then…

5 Questions to Ask Your CPA during Tax Season

Many people talk to their accountant just once a year—right about now, says financial consultant Larry D. Roby. “This is a good time to ask a few questions that may not have occurred to either you or your accountant simply because at tax time, you’re both focused on the task at hand and not the…

Money Wise: Savvy Tips for Home-Based Freelance Workers

Everyone dreams of working from home; after all, who wouldn’t want to set their own hours and avoid the long drive to work every morning? However, it can be hard to transition from a regular income to working on a freelance basis, and it’s essential to get your money organised before you make the change.…

6 Signs Your Retirement Plan is in Trouble

After the 2008 economic meltdown, when the stock market fell 37 percent, veteran financial advisor Curt Whipple says he met with clients from outside financial institutions who’d lost 50 to 60 percent of their portfolio in a single year. “Almost no one foresaw what happened that year, and I doubt very much that many will…

6 Questions to Ask before a Refinance

(MCT)—A home mortgage refinance may sound like a good idea in theory, but it’s not always possible or desirable. For starters, lenders have tightened up the approval process, making it more difficult to get a loan. “Homeowners today need to be triathletes to qualify for a loan, with great income, great credit and great value…

How Do Investing Habits Change as Retirement Nears?

After stocks leaped forward in 2013, the hangover in the early going of 2014, not surprisingly, took a toll on retirement savers’ risk tolerance.

The Retirement Advisor Confidence Index, a monthly poll of wealth managers, fell 4.2 points, to 52.5, in February, one of the steepest drops since Financial Planning magazine began tracking the measure.

Not So Common Insurance Policies You Should Still Consider Applying For

Celebrity body part insurance policies have to be among the strangest insurance policies ever written (Australian cricketer Merv Hughes insured his moustache for £225,000), though perhaps they’re not the most unusual insurance policies available because there’s alien abduction coverage, multiple birth coverage and comedy routine insurance to contend with. Whilst you mightn’t consider taking out…

Valuable Fraud Prevention Tips for Homebuyers and Homeowners

March is Fraud Prevention Month. Canada Mortgage and Housing Corporation (CMHC) has consistently been a leader in the fight against mortgage fraud and offers the following tips to protect yourself from becoming a victim of mortgage fraud. Misrepresentation of Information Mortgage fraud occurs when someone deliberately misrepresents information in order to obtain mortgage financing that…

10 Reasons to Stop Receiving a Federal Income Tax Refund

The National Foundation for Credit Counseling (NFCC) February online poll revealed that a strong majority of respondents intentionally plan to receive a federal income tax refund. “The findings suggest that receiving an income tax refund has become standard operating procedure for some people, as 2014 is the second year in a row that the majority…