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• Doing Your Homework
  Just as with any home purchase – and perhaps even more importantly when you’re buying a foreclosed property – you need to do your homework so that you make a well informed decision. That means that you should View the. Just as with any home purchase – and perhaps even more importantly when you
• Your New Community
  When you buy a home you’re not just buying a piece of property – you’re moving into a community with new people, stores, schools, services, traditions and more. Enjoy the process of getting to know your community and figuring out where and how you’d like to get involved.. When you buy a home you’r
• Be an Informed Buyer
  There are a few simple things you can do, or think about, to ensure that you have the information you need to make the best decision possible about your computer purchase. Research systems online.. There are a few simple th
• 10 Things Every Public Worker Should Do
• 10 Things Every Public Worker Should Do
  Read your benefits package carefully and attend any new employee orientation meetings or review resources through your organization’s internal website. Make sure you know the deadline for selecting or signing-up for benefits and when the next open enrollment period is. Talk with someone in your HR d
• 15 Useful Tips for Entrepreneurs
  1. Believe in yourself.. 1. Believe in yourself. If you don’t, your customers won’t either. 2. Set clear goals. If you don’t know where you are going, you will never get there. 3. Practice your elevator pitch. That’s the 30-second description of your business that you can use to let someone know who
• Tax Law Changes to Know When Filing Your Federal Income Taxes
  Every year the federal income tax laws change. Those changes can be small or monumental. And those changes can have a substantial impact on the information you may need to gather, forms you may be required to complete and –. Every year the federal income tax laws change. Those changes can be small o
• I don't know where to turn for help.
  Once you're comfortable knowing your own financial situation, and have begun making some small, but very important steps, toward saving and investing you may want to get additional help. There's a wealth of good, easy-to-understand, free help available by going online or doing some simple research a
• I don't know where to begin.
  The most important part about beginning to save and invest is just that…beginning. In fact, changing your attitude toward saving and investing may be the biggest hurdle you have to overcome.. bout beginning to save and invest is just that…beginning. In fact, changing your attitude toward saving and investing may be
• I've already declared bankruptcy, my credit is ruined, and I know I'll never really be able to get ahead--so what's the point?
  Failure is not final, so the saying goes. The same is true for bankruptcy.. the saying goes. The same is true for bankruptcy. Every year hundreds of thousands of Americans file for bankruptcy and have to begin the road back to repairing their financial life. Regardless of how disappointing or even de
• Buying a Cell Phone
  In the past you were tethered to a landline to make a call. Today’s technology makes it possible to talk with your friend in Baltimore while basking on the beaches of Belize.. In the past you were tethered to a landline to make a call. Today’s technology makes it possible to
• How will I know who is right for me?
• How will I know who is right for me?
  The bottom line is that you want to work with a financial professional that is competent; is in compliance with all laws regulating their industry; is someone that you "click" with; and is someone you can afford. First, professional competence.. The bottom line is that y
• FDIC Bank Deposit Insurance – What It Is and What You Should Know
  With the recent news of a handful of banks failing people are increasingly concerned about the safety of their bank deposits. How can you know if your money is safe when you deposit it into a bank and if your bank does fail, how much of your money does the FDIC insure? The FDIC (Federal Deposit Insu
• Help! I don't know how to get a handle on my finances.
  No matter how lost you feel, or how behind in your bills you are, there are a few simple things you can do to begin getting a handle on your finances: Step 1: Identify your income. Don't overlook all your potential sources of income: Paycheck from your full-time job Income from a part-time job or oc
• How do I know if I’m getting the best service from an advisor that I’m already working with?
• How do I know if I’m getting the best service from an advisor that I’m already working with?
  If you've already begun working with a broker or financial advisor, it's a good idea to periodically evaluate what type of advice and service you're getting and if it's helping you achieve your financial goals. Here are a few questions to ask: Has he/she helped you determine how much risk you feel c
• Use Job Placement Assistance
  When you’re looking for a job it can be tempting to think that a professional could help you land the perfect job. Companies that provide job placement assistance can help match your experience and interests up with a similar open position.. When you’re looking for a job it can be tempting t
• What Every Homebuyer Needs to Know Before Agreeing to a Mortgage
  Are you or a loved one considering becoming a homeowner? Taking on a mortgage loan to purchase a home can be an intimidating and confusing process. A Federal Reserve study for the Federal Trade Commission found that a significant percentage of homebuyers did not understand key features and costs of
• The Process of Filing for Bankruptcy: How It Happens and Who Can Help
• Working for a Public Employer
• Working for a Public Employer
  Teachers. Police officers.. Teachers. Police officers. Firemen. Librarians. Air traffic controllers. Bridge inspectors. Public health department lab technicians. Our communities work in large part because of the day-in and day-out work of people who work for “public employers”
• What Happens When the Loan Comes Due
  Fourteen days after your payday loan is approved, the loan is due. That means that you now owe back the full amount of the money that the store/company lent you.. Fourteen days after your payday loan is approved, the loan is due. That means that you now owe back the full amount of the mo
• The Process of Filing for Bankruptcy: How It Happens and Who Can Help
  If you are seriously considering filing for bankruptcy, you should consult with an attorney who knows your state’s bankruptcy laws and has experience in handling bankruptcy filings. While you don’t need to retain a lawyer to file for bankruptcy, this is a major decision and you will probably want to
• Debt Collectors and Your Rights
  When you start not paying your credit cards or bills, you will first receive late notices in the mail. Then you are likely to get phone calls notifying you that you are behind on your payments.. When you start not paying your credit cards or bills, you will first receive late notices in the mai
• Managing Your Student Loan
  Learning how to manage your personal finances – including repaying your student loan – is an important part of the road to financial independence. If you’re like most college students with a student loan, this is your first experience having to repay a formal loan.. Learning how to manage yo
• Your Rights when Using Credit
  When you use credit you are entering into a business transaction and relationship with a lender. As part of that relationship you have certain legal rights, including the rights to: Know why a credit application was rejected - if you ask within 60 days of receiving notice of the denial the creditor
• Financial planning, saving and investing isn’t really my thing. I believe it's better to simply live for today. You don’t know what will happen tomorrow anyway.
  Many people fear dealing with financial issues, feel overwhelmed at the thought of managing their money, are convinced that they don’t have the skills needed to create their own financial security, or don’t think it will matter anyway. The truth is that not only do you have the basic abilities neede
• The Earned Income Tax Credit (EITC) – What it is and How to Know if You Qualify For it
• The Earned Income Tax Credit (EITC) – What it is and How to Know if You Qualify For it
  Did you know that there is a tax credit for low-income workers that can lower or even eliminate your federal income tax burden? It's called the earned income tax credit (EITC) and it has been helping millions of low-income working families and individuals for nearly 30 years. If you do qualify for a
• Network
  The old adage still rings true - often it's not what you know, it's whom you know. Even though "networking" sounds like a formal word, it's really all about developing and leveraging personal relationships.. The old adage still rings true - often it's not what you know, it's whom yo
• Digging Out of Debt
  THE SECRET to paying off credit-card debt is really very simple: All you need to do is earn more than you spend, and apply the savings toward paying down your debt. So then what makes tackling credit-card debt so hard ? Sadly, many seem to be losing the battle of the credit-card balance. Consider th
• More about Equity Financing
  When small companies get bigger and have a more proven potential to succeed, they can attract equity investors by offering shares of stock or ownership privately or through the public stock markets. To access the stock market, a business has to “go public” or undertake an initial public offering (IP
• Tips to Maintain Financial Stability
  Life changes. And you, with a fluctuating income, probably know that better than most. There are some things to keep in mind that can help you stay on track with your plan to create more personal financial stability.. Life changes. And you, with a fluctuating income, probably know that better
• First Steps
  Once you have made the choice to take back control of your financial life there are some immediate first steps you can take to feel empowered and make a significant, positive difference Get rid of the guilt. Feeling guilty or. Once you have made the choice to take back control of your financial life t
• Millennials (Born 1984-1992)
  If you’re a member of “Generation Y” you’re either just starting out in the workforce or have a few years under your belt. For most millennials retirement seems like, well, a millennium away.. neration Y” you’re either just starting out in the workforce or have a few years under your belt. For most millennials retire
• Going it Alone or Together
  Even though you and your loved one have chosen to live together, it doesn’t necessarily mean that you have to choose to combine your finances. Instead of “falling” into the topic by default (i.e. a utility bill arrives in the. Even though you and your loved one have chosen to
• Banks Change Overdraft Policies
  The Federal Reserve has announced that as of July 1, 2010 banks will have to get their customers’ consent before charging them overdraft fees on their ATM and/or debit card transactions. Specifically banks will have to notify all new and existing customers about how they handle situations when an ac
• Handling Your Finances
  Handling money matters is intimidating for a lot of people. Maybe it is for you.. Handling money matters is intimidating for a lot of people. Maybe it is for you. You may be overwhelmed or uncertain as to how to start facing your finances. Money matters can seem like a bottomless p
• Step 1: Start Here
  Everyone wants to look forward to their future with confidence, but it's difficult to know how to save and invest until you know three things: How much money you currently have How much money you'll need, and What type of investments to look into given your own personal needs. This calculator is the
• Step 1: Begin Here
  Everyone wants to look forward to their future with confidence, but it's difficult to know how to save and invest until you know three things: How much money you currently have How much money you'll need, and What type of investments to look into given your own personal needs. This calculator is the
• Past Debt
  More than likely both spouses in a blended family situation come into the new marriage with existing debt. It is CRUCIAL to both your new family’s financial and emotional health that you sit down and talk honestly and openly about your financial situations prior to marriage or as early on in the mar
• What Happens if I’m In Over My Head?
  Okay, so maybe you’re reading this and you’re thinking “It’s too late for me! I’ve already maxed out my cards! Don’t panic – there are some steps you can take to get control over you credit card spending and on the path to financial stability: Write it down. Gather your credit card statements and fi
• Medical Coverage
  If, after reviewing your health insurance policies and decide that it makes more financial sense to switch and get coverage under your spouse’s plan check to make sure that the new insurance plan will cover pre-existing conditions before your drop your current coverage. If you and/or your spouse do
• Your Family’s Military Pay
  If you have worked both as a civilian and as a member of the military you know that there are some very significant differences between military and civilian income, including paychecks. Let’s look at some of the unique factors of a military income.. If you have worked both a
• Making Future Home Renovations for Safety
• Best Way to Use Credit
  Now before you think that you should never use credit cards, it’s actually a good idea to use them…IF you can use them wisely. Why? Well, establishing a good credit history makes it more likely that you’ll be approved for loans you might apply for later like a home mortgage or car loan..
• Tips to Making a Good Move and Establishing a Healthy New Lifestyle
  Transitions of any sort can be physically, mentally and emotionally difficult. Often people focus primarily on what it will mean to leave a home but not give as much thought or planning towards making their new location and community a positive experience.. Transitions of any sort c
• Buying a Newly Built Home
  At some point most of us have thought about our “dream home. Wouldn’t it be fun to choose your floor plan, appliances, carpet and paint? It’s also nice to think that you could be the home’s first owner.. At some point most of us have thought about our “dream home. Wouldn’t it be fun to choose your floor
• Working with Creditors
  Once the person you are trying to help has identified his or her financial priorities, commitments and resources he or she will have the necessary information to talk with creditors. Encourage him or her to collect paperwork on each outstanding loan they hold, to calculate how much they could afford
• Clarifying their Financial Commitments and Resources
  In stressful situations it is often difficult to think rationally, logically and methodically. Often the person you are trying to help will respond that they don’t have time to really figure things out financially, that they don’t know how or can’t or don’t want to or shouldn’t have to-for some reas
• Understanding Where They Are Emotionally
  Realize that they may not be able to help taking their anxiety or anger out on you even though you did not create the situation they are in. Try to separate yourself from the situation enough to not take their reactions and emotions personally.. Realize that they may not be able to help taking t
• Being Approved or Denied Credit
  Once you have applied for credit it may take your lender hours, days or even weeks to approve your request. You should keep the contact information for the person with whom you filed your application so you can call or email to check on the status of your request.. Once you have applied for
• Selecting and Working with an Attorney
• Selecting and Working with an Attorney
  Estate-planning involves making numerous legally-related decisions so even though you can use do-it-yourself estate-planning kits sold online or through local business supply stores to get started, it’s wise to finish your work with an established, credible and experienced attorney. Ask friends, fam
• Socially-Responsible Investing
  As people become more interested and personally committed to changing their impact on the environment, they want to know that the companies they invest in share their values. Socially responsible investing (SRI) is an investment strategy that incorporates your social or environmental beliefs into ho
• Socially-Responsible Investing
• Brokerage Accounts
  With the sale of Bear Stearns and Merrill Lynch and the bankruptcy of Lehman Brothers, many investors are concerned about the safety of the money they invested in brokerage accounts. How can you know if the money in your investment brokerage accounts is safe? First, if you had a brokerage account at
• Questions to ask a financial advisor
• Questions to ask a financial advisor
  Good for you. You want to be well prepared for meeting with a potential financial advisor.. Good for you. You want to be well prepared for meeting with a potential financial advisor. Even if you feel panicked about your financial situation and as tempting as it may be to walk into someone's
• How do I become an investor?
• How do I become an investor?
  Congratulations! It takes personal discipline and planning to save money. The fact that you've already saved some money indicates that you're taking responsibility for your financial future.. Congratulations! It takes personal discipline and planning to save money. The fact that you've alrea
• Myths About Investing
• Myths About Investing
  You work hard for your money, and your money can work harder for you too when you save and invest it well. The world of investing may seem like a scary place, but knowledge and skill building can help reduce your fear.. You work hard for your money, and your money can work harder for you too wh
• Money Market Funds
  Investors have been hearing about concerns for the safety of money market funds. The first thing to know is that money market funds and money market accounts are different.. Investors have been hearing about concerns for the safety of money market funds. The first thing to know is that money market
• CDs
  No, “CD” doesn't refer to the small round disc…it stands for “certificate of deposit. Here's what you need to know about CDs: It's a deposit you make with a bank for a certain amount of time,between 1 month and 5 years.. No, “CD” doesn't refer to
• CDs
• Restoring Financial Sanity
  The first step toward successfully paying off your holiday debt is taking it out of the emotional realm. Beating yourself up or throwing up your hands in surrender won’t solve the problem.. The first step toward successfully paying off your holiday debt is taking it out of the emotional re
• Manage your financial assistance and insurance payouts wisely while waiting to rebuild.
• Places to Avoid Turning If Possible
• More about Equity Financing
  When small companies get bigger and have a more proven potential to succeed, they can attract equity investors by offering shares of stock or ownership privately or through the public stock markets. To access the stock market, a business has to “go public” or undertake an initial public offering (IP
• Use the Internet
• Use the Internet
  More and more employers are using the Internet as a part of their hiring process. Some companies even do their first stage of interviewing for a position online.. More and more employers are using the Internet as a part of their hiring process. Some companies even do their first stage of
• Ready to Buy a Home
  Scenario: Malcolm and Gayle are a young couple living in Iowa. Both have full-time jobs earning a combined annual salary of 80,000.. Scenario: Malcolm and Gayle are a young couple living in Iowa. Both have full-time jobs earning a combined annual salary of 80,000. Their main monthl
• Places to Avoid Turning to for Financial Help If Possible
  It is not uncommon for single moms to feel panicked about how they will be able to meet normal living expenses, especially if they do not have adequate savings, insurance or access to credit. If you are considering the following sources of funds, instead think through the previous suggestions as the
• The Financial Side of Homeownership
  Buying a home is the single largest financial commitment that most people ever make. By taking some time to think about and plan how you will maintain your investment and stay current on your mortgage, you can create some good financial habits at the outset of homeownership that will pay off for yea
• Before You Apply for Credit
  It can be tempting to fill out applications for credit but before you apply there are some important questions you should consider and steps to take: Take some time to identify and write down your personal and financial life goals if you haven’t already. Credit is a financial tool that you should us
• Trading In
  While you will typically always get more money by selling your car yourself, you may not want to deal with the hassle and therefore decide to trade your car in. That means that you are offering to sell your car to the dealership in return for money toward the car that you want to buy..
• Bank Services
  In addition to accounts, banks can offer a wide variety of services such as: Check-cashing. Banks will typically cash checks for their customers for free.. In addition to accounts, banks can offer a wide variety of services such as: Check-cashing. Banks wi
• Boat Insurance
  If you are a boater you know the fun – but also the financial reality – of owning a boat. If you have homeowners or renters insurance and have a small-sized boat (i.. If you are a boater you know the fun – but also the financial reality – of owning a boat. If you have homeowners or renters i
• All About Long-Term Care Insurance Benefit Payouts
  If you need to use your long-term care insurance to pay for needed care and services, it’s important that you know when your policy will begin paying for care, how it will pay for services, and for how long. Let’s look at each component: What Your Insurance Will Pay We’ve already discussed what type
• Questions to Ask Before Obtaining a Debit Card
  Is there an annual fee for using the card? What account is this card linked to? You want to know which account the card will deduct money from when making purchases or payments – i.e.. Is there an annual fee for using the card? What account is this card linked
• Shared Housing
  This arrangement, also known as "home sharing, is when two or more people agree to share a house or apartment as well as all housing responsibilities and expenses. If you are single, divorced or widowed, think about whether or not you have a close friend(s) or family members with whom you would feel
• Shared Housing
• Different approaches to beginning the conversation
  Once you decide that it's time to raise the conversation ask your parent or loved one if you could get together to talk. Once you're together there are several ways you could broach the subject: Raise an observation: "Dad, I want to talk about a few things that I have noticed might be going on with
• Make your home safer to better stand a potential future disaster.
• Starting Your Marriage Off on the Right Financial Foot
  Planning to get married is an exciting time. But it also involves making a lot of decisions – where to get married and when, who to choose for the wedding parties, which cake and invitations…the list of choices and things to discuss with your significant other can seem endless..
• Earthquake Insurance
  If you live in an earthquake zone, where you’ve felt the tremors of small quakes, or been through a big earthquake, you know that few things can be more frightening. Earthquakes have caused damage in all 50 states and approximately 90 percent of all Americans live in seismically-active areas..
• Buying a Computer
  You probably can’t imagine not having a computer. It’s your lifeline – your way to keep connected, keep in the loop, and keep current.. You probably can’t imagine not having a computer. It’s your lifeline – your way to keep connected, keep in the loop, and keep current. Maybe up until
• Money Market Funds
  Investors have been hearing about concerns for the safety of money market funds. The first thing to know is that money market funds and money market accounts are different.. Investors have been hearing about concerns for the safety of money market funds. The first thing to know is that money market
• Fees, Limits and Exchange Rates
  Sending money abroad is a financial transaction. As with any financial transaction you’ll want to know in detail, upfront, what fees you will have to pay for the service and what limits or conditions there are on the transaction.. Sending money abroad is a financial transaction. A
• Walking Into a Bank
  You can find a bank in a lot of different places. There are stand-alone bank buildings and bank offices in grocery stores and shopping malls.. You can find a bank in a lot of different places. There are stand-alone bank buildings and bank offices in grocery stores and shopping malls. Once you
• Travel Tips
  There’s no time like the holidays to visit friends and family. According to the Bureau of Transportation Statistics, about 5.. There’s no time like the holidays to visit friends and family. According to the Bureau of Transportation Statistics, about 5.8 million Americans make
• Back to School Shopping on a Budget
  The National Retail Federation estimates that parents can expect to spend approximately 600 on back-to-school costs. School supplies, clothes, sports physicals, books…it all adds up.. The National Retail Federation estimates that parents can expect to spend approximately 600 on back
• Negotiating, Bargaining and Working with Salespeople
  So you’ve done your homework, thought about buying vs. leasing and new vs.. So you’ve done your homework, thought about buying vs. leasing and new vs. used, and looked into your financing options. Now you’re ready to talk seriously with a seller. If you decide to buy through a dealership, before you
• Who Uses Payday Loan Companies and Why
  When or why would you consider obtaining a loan from a company that could charge you upwards of 700% interest? Perhaps you are considering getting a loan through a payday loan company because: you don't know how these kinds of loans really work and you don't know where else you could get the money y
• How to Think About Credit Cards
  The first thing to know is that credit cards aren’t “bad. It’s all about how you use them.. The first thing to know is that credit cards aren’t “bad. It’s all about how you use them. Here are a few things to think about before getting, or first using, a credit card. One of the most important
• What Creditors Will Look For and How to Build Credit-Worthiness
  There are several steps you can take to begin the process of applying for credit. First, it’s a good idea to know what creditors look for when considering your application for a loan or credit card.. There are several steps you can take to begin the process of applying for credit. First, it’s a good
• Subprime Loans
  "Subprime" loans carry a higher than average interest rate and typically charge more fees than traditional loans. You can get a subprime loan when applying, for example, for a home mortgage or a car loan.. Subprime" loans carry a higher than average interest rate and typically cha
• Using Life Insurance as an Asset
  While the primary benefit of life insurance is to provide your dependents with income after your death, consumers with permanent life insurance policies are increasingly viewing, and using, life insurance as an asset. That means that they are using the money they have built up in the policy for othe
• Healthcare Concerns and Needs
  One of the most common reasons that family members move in with one another is that an older loved one becomes no longer able or physically safe to live on his or her own, or a family member needs to recover from a medical condition or accident. If that describes your situation, sit down together to
• Preparing for Your Job Interview
• Preparing for Your Job Interview
  It's a good idea to practice before the actual interview. How? Ask friends and family members to help you work through answers to potential questions.. It's a good idea to practice before the actual interview. How? Ask friends and family members to help you work through answers to potential questions.
• Conduct Informational Interviews
• Conduct Informational Interviews
  One of the best ways to prepare for a job interview is to, well, interview. Sound confusing? Informational interviews are interviews that you set up with friends, colleagues, and professionals working in your industry for the purpose of learning more about their jobs and related positions within the
• Disputing a Bill
  If you find an error on your medical bill you should contact the hospital, doctor’s office or lab that sent you the bill and ask for an account supervisor or someone in the billing department. Let them know of the error, ask them to make the correction and to send you a copy of the correct statement
• First Steps to Understanding Your Health Insurance Benefits
  If you, or your spouse, have health insurance do you know what your health insurance plan benefits are? According to CIGNA HealthCare, nearly 50 percent of all Americans give themselves only a “C” grade, or lower, when it comes to understanding their health benefits and programs available to them th
• Questions to Ask When Comparing Plans
  Health insurance is an important financial tool that can help preserve your family’s physical and financial health. Make sure that you know exactly what services and benefits you are purchasing.. portant financial tool that can help preserve your family’s physical and financial health. Make
• Specific Next Steps for Southern California Wildfire Victims
• Your First Car
  Nothing spells freedom like having your own car, right?  If you’re thinking about buying a car, take some time to think through your needs and get educated on what’s involved in buying a car so you’re not the one being taken for a ride. It can be intoxicating to walk onto a new car lot – all that hor
• IOUs Issued by the State of California
  In June of 2009 California Governor Arnold Schwarzenegger announced that the state had a 26 billion deficit and, until the budgetary issues are resolved through the state legislature, it will not be able to pay all of its bills or honor all of its financial commitments. Strapped for cash, the state
• 10 Simple Steps to Start Saving Money Now
  Develop a simple, easy to implement plan with Tomorrow's Money “Personal Savings Schedule” Click here to link directly to the site’s . Develop a simple, easy to implement plan with Tomorrow's Money “Personal Savings Schedule” Click her
• Set a Course for Where You Want to Go
  Once you have evaluated where you are financially – what income, savings, expenses and debt you have – you are now able to begin setting a course for where you want to go financially in the future, and take steps in that direction. Following are a few tips for thinking about your financial goals: Ac
• When There is a Gap Between Income and Expense
  That’s another way of saying that you’re spending more than you’re earning! Instead of feeling automatically overwhelmed or fearful, consider it just as a piece of information that can help you determine what you’re fearful of or concerned about. Even though the thought of having more debt/expenses
• Managing Your Income During Retirement
  In retirement, perhaps more than any other time in life, you will need to take control of your personal finances.  If you are fully retired (meaning that you are not doing any type of paying work) you will not have a consistent income stream from work or employer-based benefits.. re than any other time in
• Managing Your Income During Retirement
• Shopping for a Mortgage
  As the song goes, "My Momma told me, you better shop around." When it comes to buying a home, shopping around means not only finding the right home, but also finding the right mortgage.. As the song goes, "My Momma told me, you better shop around. When it comes to buying a home, shoppin
• Rethinking How You Plan, Save and Invest for Retirement
  You commit yourself to saving for retirement. You take steps to understand how long your financial resources must last in retirement years so you don’t outlive your savings; you test guideline amounts needed to retire using an online calculator; you start contributing to 401(k) or IRA or SEP or othe
• Working with a Realtor or Going it Alone
  One of the first impulses most people have when thinking about buying a home is finding a Realtor® But who exactly is a Realtor? And is a Realtor (capital R) the same as an agent? And what about a broker? Who exactly can help me? Real estate professionals can be very helpful in the home buying proce
• Refinancing
  When you buy a home you obtain a mortgage, also called a purchase loan by mortgage professionals. It’s simply a loan to purchase a home.. When you buy a home you obtain a mortgage, also called a purchase loan by mortgage professionals. It’s simply a loan to purchase a home. The bank or f
• Comparing Mortgage Costs
  There are several costs associated with borrowing money to buy a home including the interest rate you’ll be charged to borrow the principal (loan amount) points, mortgage insurance closing costs and the down payment. Interest Rate One of the most important pieces of information you need from a lende
• What's New This Month
  July '09 : IOUs Issued by the State of California Strapped for cash, the state of California has started issuing more than 3 billion in IOUs to businesses, individual tax payers and county governments to whom it owes money. California state government officials have indicated that the IOUs – which
• What Kind of Business?
  Your own business can be based around a product you make or a service you provide. You also have the choice of starting from scratch, buying an existing business, or franchising.. based around a product you make or a service you provide. You also have the choice of starting from scratch, buying an existi
• Finding Your Next Customer
  Maintaining self-employed status means always having your next customer lined up. When you are producing the goods or delivering the service and running the business day-to-day, the future can easily get shortchanged.. Maintaining self-employed status means always having your next customer lin
• Getting off to a Good Start as an Investor: Making a Plan for Your Finances
  We weren’t born knowing how to make financial plans and many of us did not learn much about personal finance and investing in school. However, that does not mean you can’t take steps now that will help you make plans for your finances and investing.. ow to make financial plans and many of us did not
• Adapting to Long-Term Temporary or Independent Contract Work
  Since the recession of 2008 employers have been slow to re-hire people for positions that they cut. If you lost your job, you may have started working with a temporary staffing firm or working as an independent contractor, or freelancer, to help make ends meet.. 08 employers have been slow to re-hire people for
• Tax Changes that Could Affect Your 2008 Tax Bill
  There are a few new changes to the tax law that could affect your 2008 federal income tax bill. These changes are important to know about especially if you’re preparing your own taxes.. es to the tax law that could affect your 2008 federal income tax bill. These changes are important to know about especially i
• Types of Federal Student Loans
  So you got a loan to go to school. Maybe it’s a Perkins loan, or maybe a Stafford Loan.. o school. Maybe it’s a Perkins loan, or maybe a Stafford Loan. Maybe you’re too embarrassed to admit that you don’t know what kind of loan you got! If you’re out of school, or you’re about to be, it’s time to figure out what
• Finding a Bank that Works for You
  Before you even begin to think about finding and using a bank or credit union, think about what you really need in a bank. Do you want: a . Before you even begin to think about finding and using a bank or credit union, think about what you
• Creating a Location-Independent Job with Your Current Employer
  If you’re interested in having a location-independent job you may think that you have to strike out on your own, however that’s not necessarily true. Before you hand in your two weeks’ notice to find a job that doesn’t require you a commute to punch a clock you should think twice.. aving a location-independ
• Link to Tomorrowsmoney.org
  We have created small, medium, and large images you can use to link to the TomorrowsMoney.org site.. We have created images you can use to link to the TomorrowsMoney.org site. Select the image you would like to use for the link. Right click on any of the images below and save the picture to your comp
• Special Circumstances
  Pre-Existing Conditions and Waiting Periods Under the Heath Insurance Portability and Accountability Act (HIPAA) if you have a pre-existing condition (meaning a medical condition you had prior to applying for new health insurance) you cannot be turned down for coverage or made to wait for coverage i
• If You Can't Afford Coverage
  If you can’t afford to purchase a full health insurance policy, don’t give up yet. There may be some partial solutions that will still help you protect yourself and your family against the financial and health dangers of having no health insurance at all.. rchase a full health insurance policy, don’t give
• Two Options When Your Credit Limit is Cut
  If your credit limit has been cut (or you receive notification that your creditor is planning to reduce your limit) you have two options Contact the creditor to ask for your current limit to be maintained or reinstated. Collect copies. If your credit limit has been cut (or you receive
• Interest Rates and Credit Limits
  Two of the biggest tools credit card companies have at their disposal is being able to change their cardholders’ interest rate (the amount of money they charge you for borrowing money from them when you use the card) and credit. Two of the biggest tools credit card companies hav
• Buying a Property at Auction
  Once a home has been foreclosed upon the lender will put the home up for sale at public auction. That means that anyone can bid on purchasing the property. You can find a list of upcoming foreclosed property auctions in. Once a home has been foreclosed upon the lender wi
• The Foreclosure Process
  Foreclosure is a legal process. It occurs when a homeowner fails to make his her monthly mortgage payment according to the terms of the loan and the lender then either sells or repossesses the property. The foreclosure process doesn’t happen. Foreclosure is a legal process. It occurs when a h
• Sharing Financial Accounts or Keeping Them Separate?
  In addition to deciding how you will handle household expenses, you will also need to, or should, talk about your financial accounts. Financial accounts include checking accounts, savings accounts, money market accounts, credit cards, non retirement related investment accounts (i.e..
• Managing Household Expenses
  Most likely the first financially related set of decisions you are going to have to make together will involve your home and living expenses. If you choose to combine all of your finances, accounts, property and financial responsibilities (i.e. bill. Most likely the first fin
• It's too late for me to start.
  Nonsense. You know the tired bumper sticker “It's never too late to have a happy childhood” Well, it's true that it's never too late to start saving and investing.. red bumper sticker “It's never too late to have a happy childhood” Well, it's true that it's never too late to start saving and investing. Sure, your
• It's too overwhelming to figure out.
  Let's take it one step at a time. What are you saving for? Chances are you already know the answer to that question, you may have just never put it down on paper.. a time. What are you saving for? Chances are you already know the answer to that question, you may have just never put it down on paper. Here's an ea
• No More Excuses
  If you're feeling guilty or panicked for not already having a personal financial plan in place, you're in good company. Would it help you to know that most people who haven't begun saving and investing for their future have the same excuses for not doing so? This section is designed to help you face
• I'm afraid I'll lose my money if I invest it.
  Most of us don't have a lot of extra cash lying around that we can afford to be carefree with. And it's wise to recognize that investing your money – instead of stashing it in a shoebox – does come with some risks.. ot of extra cash lying around that we can afford to be carefree with. And it's wise to recognize tha
• I don't really need to worry about saving and investing enough now for my retirement. If it isn't enough, I'll just have to keep working no matter how old I am.
  Regardless of whether you have saved enough money to retire, it is very likely that at some point in your life you simply either will not be able to work or there will be no work opportunities. Yes, people are working at jobs later into life, delaying retirement or gradually working their way into f
• Questions to ask when considering Bridge housing or Congregate Housing, CCRCs, or Assisted Living Facilities
  How much of a security deposit do you require? Is there an entrance fee, and if so, how much? Is it refundable? What is the length of my contract? Can I leave at any point or would I incur penalties? What would my monthly fee be and what does that include? Could I see a typical meal plan? Can dietar
• Compound Interest Calculator
  If you want to know how much an investment will grow over a set period of time, use our compound interest calculator. Compounding is when the interest you earn on the money you invest begins to earn interest.. If you want to know how much an investment will grow over a set period of t
• A New Family Budget and New Financial Decisions
  In many ways, your newborn’s arrival is just the beginning. In addition to all of your child-rearing duties there are important financial decisions to make and action steps to take as well.. n’s arrival is just the beginning. In addition to all of your child-rearing duties there are important financial decisions to
• After you've left your job there are a few important steps to take
  Open an IRA. Even if you don't have any accumulated retirement savings through your previous job, open an IRA to begin banking some savings through small or moderate lifestyle changes. . Open an IRA. Even if you don't have any accumulated retirement savings thro
• After you've left your job there are a few important steps to take
• Buying vs. Leasing
  To buy or to lease that is the question. But what, exactly, is leasing and is it a better deal than buying? Let’s review.. s the question. But what, exactly, is leasing and is it a better deal than buying?  Let’s review. Buying a car. When you buy a car, you, well, buy it. Meaning that you either p
• When Things Change
  They say that the one thing that is constant in life is that it changes. The same is true for owning a home.. ng that is constant in life is that it changes. The same is true for owning a home. Things can change over time. Utility costs can increase. The interest rate on your mortgage can change. You need a n
• Check-Cashing Stores
  When Rojare moved to the United States from his home in Nicaragua he promised to get a good education, to get a good job…and to send money home regularly. Rojare is one of a rapidly growing number of people who regularly send money to family and friends outside the U.. When Rojare moved to the
• SmartMoney 401(k) Planner
  The goal of participating in your employer’s 401(k) retirement savings program is that it will grow over time so that when you’re ready to retire you’ll have the money you need to do so. Our 401(k) calculator can help you see how your retirement savings will grow — and how long you can expect that m
• Fixed Rate or Adjustable?
  WHICH TYPE OF LOAN is best? That depends several factors: how long you plan to stay in your home, your interest-rate outlook, your budget, and your tolerance for risk. Adjustable-rate mortgages are initially cheaper than fixed-rate loans..
• Depositing Money into an Account
  Once you have a bank account you will be able to deposit any type of check you receive into the account – paychecks, benefit checks (such as unemployment, Social Security, etc. refund checks, etc.. Once you have a bank account you will be able to deposit any type of check you receive into the acco
• What should I do before I meet a professional?
  The most important thing to do is know why you're going. Do you need help organizing your finances? Do you want to draw up a new will or modify an existing one? Do you want to invest some money? Do you want to get more control over your spending and begin building toward your financial dreams? Knowi
• What should I do before I meet a professional?
• No financial advisor would want to talk to me.
• No financial advisor would want to talk to me.
  FALSE. Most financial advisors got into the business because they love investing and wanted to help others make money from it.. FALSE. Most financial advisors got into the business because they love investing and wanted to help others make money from it. These days many of them
• My Budget Worksheet
  If you’ve never created or used a budget before, take it step by step. Using the following step-by-step calculator we’ll walk you through the process of determining what source of income you have, what monthly and annual expenses/investments you may have, and what assets, or possessions of financial
• Reading a Rental Listing
  Once you’ve thought through your budget, your roommate needs, and your timeframe for renting you’re now in a better position to start looking. If you look online or in the classified section of your local paper you may be confused by all the abbreviations and acronyms used to describe a rental place
• Where to Buy a Car
  As with most things nowadays you have a lot of options when it comes to where, and from whom, you buy a car. Let’s look at your choices: Traditional car dealership.. As with most things nowadays you have a lot of options when it comes to whe
• A Guide to Using a Bank and Bank Services for the First Time
  If you don’t use a bank, credit union, or thrift/ savings and loan institution you are like nearly 10 percent of the American population. There are a wide variety of reasons that people don’t use banks.. If you don’t use a bank, credit union, or thrift/ savings and loan instituti
• Why Should I Care About Saving?
  Saving means to put some money aside for later use. When your kids are little, you encourage them to put some of their birthday money in their piggy bank.. Saving means to put some money aside for later use. When your kids are little, you encourage them to put some of their birthd
• Preparing Financially for the Holidays
  As soon as the calendar flips to November, holiday decorations begin appearing in stores with the not-so-subtle reminder that we only have a few short weeks to make this the most perfect holiday season ever. Give yourself a break this year.. As soon as the calendar f
• What Bankruptcy Does and Does Not Fix
• Managing Stress
  Military families are greatly exposed to stress associated with change. They know from day one that their servicemember could be deployed at any time.. Military families are greatly exposed to stress associated with change. They know from day one that their servicemember could be deployed at any time.
• When Debt is Overwhelming You
  As a single mother Dana is used to making her income stretch. But with the rising cost of basic necessities like gas, food and utilities, and her growing son's needs, her paycheck isn't stretching far enough.. As a single mother Dana is used to making her income stretch. But with the
• Getting a Credit Card for the First Time
  You probably get a credit card offer in the mail almost every day. Be careful before signing up.. You probably get a credit card offer in the mail almost every day. Be careful before signing up. You need to read the fine print carefully. Remember that what you're signing is a legally binding agree
• Sending Money Abroad
  Every year an increasing number of people send money abroad. Overseas money transfers now number 80 million annually…and are rising.. Every year an increasing number of people send money abroad. Overseas money transfers now number 80 million annually…and are rising. There are numerou
• Monitoring Your Investment
  As with any investment it’s important that you open and review the correspondence you receive from the plan or your financial adviser. Check to make sure that: all money you have deposited (or you know was deposited by others) since the last statement has been credited to the account you understand
• Enrolling In and Contributing to a 529 Plan
  There are two ways you can enroll in a 529 plan: The “Direct Sold” method: all states and the District of Columbia offer 529 plans that permit you to enroll directly. By enrolling directly through the state you will typically pay fewer fees and no sales commissions, unlike 529 plans sold through a p
• Benefits of 529 Plans
  There are numerous benefits to investing in either a 529 prepaid tuition or savings plan: Federal tax advantages. Although you can’t deduct your 529 plan contributions from your federal income taxes (the way you can deduct the interest you pay on your mortgage, for example) the money you invest in e
• In Your 40s
  As retirement becomes closer your investing time horizon is shortening; saving and investing for retirement must become a high financial priority if you want to be able to reach your retirement lifestyle goals. Here’s how: Define your strategy..
• How Returning to Work May Affect Your Benefits
  Often retirees will choose to return to work – for a variety of reasons. It’s important to know that leaving full-time retirement to begin working again - even on a part-time or seasonal basis – MAY affect your Social Security benefits.. Often retirees will choose to return to work – for
• Social Security 101
  Once thought to provide enough income for a retirement lifestyle, today most people recognize that Social Security is just one part – but an important part – of an overall retirement savings package. It’s important to know how Social Security works, when you can begin receiving benefits, and factors
• Making a Home for Your New Baby
  While it can be fun to flip through magazines with adorable (and expensive) nursery set-ups, the truth is that children outgrow infancy quickly. And unless you have an unlimited budget you should give some thought to what you really need before you begin.. While it can be fun to fl
• What People Like You Are Doing Right!
  Sometimes it helps to know there are people just like you, facing the same financial issues you're facing. Look at a few examples to see what simple steps they're taking now to secure their financial future.. Sometimes it helps to know there are people just like you, facing the same
• Seasonal Stories
  Fall Home Buying 101 Want to become a homeowner? Wonder what it will take to get there? Click here to check out our new series on "Home Buying 101" - a step-by-step monthly guide to turning the dream of homeownership into a reality . Open Enrollment It's fall - the "open enrollment" season for thous
• Financial Topics in Difficult Times
  When Debt Is Overwhelming You: Difficult Financial Decisions for Difficult Times Today a rapidly increasing number of people find themselves having to stretch their incomes and take on larger amounts of debt to afford everyday expenses and fixed expenses like affordable housing and health insurance.
• Important Steps at Each Stage of Your Life
  Each stage of life presents different opportunities and challenges. For example, single adults just starting out in the workforce have the gift of time to begin planning for their future, but need to begin developing wise financial habits at the start to reach them.. Each stage of life presen
• Your Bank and Bounced Checks
  If you’re like most people with a checking account, chances are you have bounced at least one check in the past. “Bouncing” a check – meaning that you wrote a check for more money than you had in your account – is at the least embarrassing and at the worst, possibly a very costly financial mistake..
• Who Extends Credit
  Various organizations, businesses and financial institutions extend credit. For example Department stores offer store credit Utility companies (phone, gas, electric, water) provide services on credit (meaning people receive/have the ability to use those services and are charged afterwards for their
• Investing
  Many of us do not think of ourselves as investors. We may have created a budget and watch our spending; we may have savings accounts—or even a checking account that earns interest – but we may not have begun investing our savings because we haven’t mentally crossed the line from being a saver to bei
• Buying Green When it Comes to Groceries
  One of the hallmarks of the “green movement” is buying food that is either more locally grown (to reduce the cost and environmental impact of shipping food) and/or buying organic. By buying locally-grown food you are reducing the transportation cost (and environmental impact of that transportation)
• Will I get the same interest rate everywhere I go?
  No. Banks and financial institutions set their own interest rates.. No. Banks and financial institutions set their own interest rates. Car dealerships, check cashing stores, department stores, credit unions…the interest rates they offer for purchases vary. It's important that you compare inte
• The Employment Offer
  The goal of all your hard job-searching work is to land a job. Eventually (and hopefully sooner rather than later! you will most likely receive an offer of employment.. The goal of all your hard job-searching work is to land a job. Eventually (and hopefully sooner rather than later! you will m
• Dealing with Deployment
  Deployment is a stressful time for every member of the family. By taking time to talk together as a family, and separately as a couple, you can better manage both the emotional and logistical aspects of being apart from your servicemember.. Deployment is a stressful time for every member of
• What to Do When the Deployment is Extended
  Imagine learning that your spouse has 24 hours to report for duty and be deployed for combat. Now imagine that the day before the scheduled homecoming, you are notified that he/she won't be coming home for another 12-15 months.. Imagine learning that your spouse has 24 hours to report for duty and be de
• Medicare
  Medicare is a federal health insurance program which will pay all or a portion of medical care costs for qualified patients under very specific conditions. There are two parts to Medicare coverage - Part A which covers hospital insurance and Part B which covers medical insurance..
• Can I afford to stay in my current home?
  You can do a little math to figure out how your current monthly mortgage compares to your current income. If you're not sure what your monthly mortgage is (perhaps you're not the one who pays the bills) it's a good idea to contact the bank that holds your mortgage to find out.. You can do a little math
• Seeking Potential Income
  If the person you are helping has learned that he/she is going to lose a job, or has recently lost a job, the first step is to look into getting any earned benefits from his or her employer such as: severance pay money for paid time off (i.e. vacations) that was not taken compensation for unused sic
• Other Options to Payday Loan Company Loans
  If you do find yourself in a situation where you need to borrow or come up with some money relatively quickly, consider these options instead: Ask a friend or relative to make you a short-term loan at a reasonable interest rate. Make it a formal loan by writing up who the loan agreement is between (
• Tips for Maintaining Specialty Insurance Coverage
  As with any insurance, once you have obtained coverage it’s important that you do everything you need to in order to maintain coverage. Here are some tips to do so: Whether you are purchasing an annual policy or a single-time/one-use policy (i.. As with any insurance, on
• Working with Financial Professionals and Counselors
  It isn’t always obvious from the outside exactly what someone in financial difficulty needs to do. If you do not know what steps someone should take, don’t try to become a professional financial advisor.. It isn’t always obvious from the outside exactly what someone in financial
• Insurance Policies and Individual Annuities with AIG
  AIG insurance policyholders know that the federal government is stepping in to make sure AIG’s parent company would not go bankrupt. The government made an 85 billion bridge loan (charging 11.. AIG insurance policyholders know that the federal government is stepping in to make sure AIG’s paren
• Finding and Joining a Credit Union
  To find a credit union that you may be able to join: See if your, or your spouse’s employer has a credit union Ask parents and any immediate or extended family members if they belong to a credit union, as some credit unions will allow family members to join Check with any associations or organizatio
• Your Home Environment: A Great Place to Go Green
  When many people think about having a “green” home they picture having to move to a spaceship-looking dome home somewhere in the desert far removed from any conveniences. Banish your fears – having a more environmentally-friendly home is easier than you think.. When many people think ab
• Evaluating a Potential Agent
  When looking for an insurance agent or broker, ask friends, relatives and financial professionals you work with (such as your banker, lawyer, etc. for recommendations.. When looking for an insurance agent or broker, ask friends, relatives and financial professionals you work with (such as your
• Where You Can Buy Life Insurance
  As with other forms of insurance (car, health, etc. there are several ways that you can purchase a life insurance policy: A life insurance company agent An insurance broker A financial advisor Your employer Online Let’s consider each option: An insurance company agent. Insurance company agents work
• Car Insurance
  If you have ever been in a car accident, you may already know the value of car insurance. Buying car insurance is about buying protection.. If you have ever been in a car accident, you may already know the value of car insurance. Buying car insurance is about buying protection. It provides
• Perils You Can Insure Your Property Against
  There are three main categories of “perils” that you will want to consider insuring your home and property against: accidents, natural disasters and theft: Accidents: Have you ever come home from a trip to find that your water pipes have frozen…and burst?  Ever had a tree limb land on your home durin
• Who Can Help Me with My Taxes?
  If you’re like millions of Americans, you may be overwhelmed at the prospect of preparing your tax return. Maybe you’re considering getting some professional help at tax time so you know what papers to collect and what forms to complete.. If you’re like millions of Americans, you may be o
• Pricing Medications
  Did you know that you can comparison shop for your prescription drugs?  Simply call your local pharmacy and ask how much they charge for that medication. You can then call other pharmacies, drug stores and even warehouse clubs that have pharmacies and compare the prices they quote you for the same me
• 10 Smart Ways to Make a Little Extra Savings Go a Long Way
  Regardless of your age, how much or how little you already have saved, or how little you feel like you can save, it's never too late to start saving for your future Every little bit - at every stage - can add up to a significant amount.. Regardless of your age, h
• Insurance Policies and Individual Annuities with AIG
  AIG insurance policyholders know that the federal government made an 85 billion bridge loan (charging 11.5% interest) to provide the liquidity that the company needs to keep functioning.. AIG insurance policyholders know that the federal government made an 85 billion bridge loan (chargi
• Financial Tools
  In addition to insurance benefits your employer will likely offer various financial tools that you can use to reduce your taxable income and save for your short-term needs and long-term goals. Health Spending Accounts Healthcare spending accounts provide you with a way to pay for health care expense
• Reviewing their Financial Priorities
  When people are in a financially stressful situation they often immediately focus on their financial shortfall. And while it’s important for them to know their financial needs, after identifying the initial root cause of their current situation, it is often more helpful to help them begin by clearly
• Before leaving your job
  Roll over any 401(k) savings you have accumulated into an Individual Retirement Account (IRA) An IRA is an investment account you can open through a local bank branch, financial services company or mutual fund.. Roll over any 401(k) savings you have accumulated into an Individual Retire
• Before leaving your job
• Questions to ask when considering buying an annuity
  Does buying an annuity fit in well with my overall retirement savings plan that includes IRAs and employer-sponsored 401(k) plans first? Am I maximizing my contributions to other tax-free retirement investment options first? Unless you have a special need that only an annuity can fill, such as a dea
• Questions to ask when considering buying an annuity
• Who sells annuities?
  Only people who hold a license to sell insurance and mutual funds can legally sell annuities. These people may work for different financial institutions—banks, brokerage firms, financial planning companies—or they may be independent licensed financial advisors.. Only people who hold a li
• Who sells annuities?
• Making My Budget Work
  Every January 1 millions of Americans make a resolution to take control of their finances in the New Year. But what does that really look like? Most people know that tracking their income and expenses by making a budget is the first, best place to start.. Every January 1 millions
• Condos and Co-ops
  Housing stock, meaning the type of housing available, varies across the country. In some markets, including large cities such as New York, Boston and San Francisco, cooperatives, or co-ops, are popular housing options.. Housing stock, meaning the type of housing available, varies across the cou
• Continuing Care Retirement Communities
  Continuing Care Retirement Communities (CCRCs) can be a very attractive housing alternative because they offer the security of knowing that your long-term housing, services and nursing care will all be provided in one development as you age. CCRCs are age-segregated, meaning that it is a housing com
• Durable Power of Attorney, Living Wills, and Durable Health Care Power of Attorney or Health Care Proxy
  A “durable power of attorney” is a legal document that enables you to give someone the legal authority to handle and make decisions regarding your finances, property or personal matters in the event that you become mentally or physically unable to do so on your own. It is a simple, effective way of
• Durable Power of Attorney, Living Wills, and Durable Health Care Power of Attorney or Health Care Proxy
• Private Health Insurance
  Depending on what type of Medicare coverage you elect you may also want to purchase a private health insurance policy. It’s critical to know what benefits you have under the policy and how much it will cost you to maintain the policy.. Depending on what type of Medicare coverage you el
• New Tax Law Allows Seniors to Keep More of Retirement Plan Funds Invested in 2009
• New Tax Law Allows Seniors to Keep More of Retirement Plan Funds Invested in 2009
  Initially designed as a way to help retirees who have seen the value of their retirement investments drop in the economic downturn, Congress passed a new law that allows IRA and 401(k) plan holders age 70 ½ and older to not have to take a minimum required distribution (MRD) in 2009. The MRD is based
• Concerns About Fraudulent Activity
  If you have concerns or complaints about your broker or financial advisor – specifically if you suspect that he/she is involved in fraudulent activity affecting your investment funds - there are agencies and organizations that can investigate your case and provide potential assistance: You can conta
• Mortgage Loans
  The housing market’s decline has triggered the bankruptcy of several banks and mortgage lenders. If the bank or mortgage lender that currently holds your loan files for bankruptcy, it will first sell or transfer your mortgage to another firm.. The housing market’s decline has triggered the ban
• Money Deposited in Bank Accounts
  Up to 100,000 of money you deposit in an FDIC-insured individual bank account, up to 200,000 for joint accounts and up to 250,000 for individual retirement accounts (IRAs) are guaranteed safe by the federal government. If you have more than that amount in a particular bank, it is not guaranteed t
• Money Deposited in Bank Accounts
• What if I want to change financial advisors?
• What if I want to change financial advisors?
  First, don't feel badly. Even if you've hired a close friend or family member, know that people switch financial professionals all the time.. First, don't feel badly. Even if you've hired a close friend or family member, know that people switch financial professionals all the time. Again, co
• What kind of help can my bank provide?
• What kind of help can my bank provide?
  Banks provide many services. They provide accounts, such as checking, savings, and money market accounts.. Banks provide many services. They provide accounts, such as checking, savings, and money market accounts. Most banks also have investment representatives who can explain diffe
• Stocks are just one big gamble.
• Stocks are just one big gamble.
  FALSE. It’s true stocks are risky.. FALSE. It’s true stocks are risky. The stock market sometimes has big drops, but if you look back at its performance since 1926 you will see that the overall trend is upward. The longer you can keep your money invested in sto
• Investing is too risky for me.
• Investing is too risky for me.
  FALSE. Not investing is even riskier.. FALSE. Not investing is even riskier. That’s because inflation , even at today’s low rate, causes a dollar to be worth less tomorrow than it is today because the cost of living continues to creep upward. If the interest rate
• I could never understand investing.
  FALSE. Investing has its own jargon, but once you learn the vocabulary, but there’s no magic or mystery to it.. FALSE. Investing has its own jargon, but once you learn the vocabulary, but there’s no magic or mystery to it. Basic investing boils down to a few bas
• Can I get help if I don't speak English well?
• Can I get help if I don't speak English well?
  If you don't speak English well or if you prefer to have services provided in another language, or if English is not your first language, there is help out there for you. Sometimes companies such as banks, savings and loans, credit unions, and mortgage companies have services in different languages,
• How Do I Start Investing?
  Many beginning investors do not have a lot of money. The important first step is to create an investment plan that identifies the asset classes and types of funds that you might want to invest in long-term.. Many beginning investors do not have a lot of money. The important first st
• How Do I Start Investing?
• Time Horizon
• Time Horizon
  In order to balance your risks it is critical to understand the role of time in investing and your personal investment “time horizon.  This is the amount of time before you anticipate meeting your goal and/or need your money.. In order to balance your risks it is critical to u
• Getting off to a Good Start as an Investor: Making a Plan for Your Finances
• Check Your Progress and Readjust as Necessary
  When Seth left his job at a graphic design firm to work as a freelance graphic artist he loved the flexibility that self-employment offered and the idea that he could be his own boss. He also enjoyed being able to set his own schedule and take on jobs that really interested him..
• Getting a handle on my finances
• Disibility Insurance
  When Valerie fell down the staircase at her son’s school she knew she was in pain. What she didn’t know is that she broke her hip…and that the recovery would mean she would be out of work for 12 weeks.. When Valerie fell down the staircase at her son’s school she knew she was in pain. What she didn’t k
• Tax Changes that Could Affect Your 2008 Federal Income Tax Bill
  There are a few new changes to the tax law that could affect your 2008 federal income tax bill. These changes are important to know about especially if you’re preparing your own taxes.. There are a few new changes to the tax law that could affect your 2008 federal income tax bill. Thes
• What if I, or my spouse, is actively serving in combat zones overseas?
  First, taxpayers covered by military-related tax relief provisions should put the words "COMBAT ZONE" and their deployment date in red ink at the top of their tax returns. If you are active military or a reservist called to active duty you may qualify for two tax breaks..
• Benefits You May Be Entitled to as a Public Employee
  As a public employee you will most likely be able to take advantage of significant benefits. After accepting a job with a government agency or organization, you should receive a package of benefits that outlines your salary, your work requirements (i.. As a public employee you
• What Kind of Business?
• Financial “Things to Do” Before the Year’s End
  With the holiday season officially underway it can be easy to spend most of your “financial thinking” on all of the holiday gift-giving, traveling and entertaining you will, or would like to be able to, do. But there are five simple things that you may want to consider doing to tie up some financial
• If a Servicemember Dies
  It’s a difficult reality to face but it is important to discuss and plan for what would happen if your, or your spouse, die during military service. The military provides assistance and benefits for survivors.. It’s a difficult reality to face but it is important to discuss and plan fo
• If a Servicemember Becomes Disabled
  It is a difficult reality, but servicemembers can become disabled during their military service. It can be a physically and emotionally difficult time for the servicemember and his or her family.. It is a difficult reality, but servicemembers can become disabled during their military service. It
• Tax Issues
  While none of us particularly enjoys having to file and pay taxes it is an important part of our financial planning. Our Tomorrowsmoney.. While none of us particularly enjoys having to file and pay taxes it is an important part of our financial planning. Our Tomorrowsmoney.org website pr
• Budgeting on a Military Salary
  Budgeting can seem very difficult on a military paycheck, especially if your servicemember is not earning a lot and if you, as a spouse, are unable to bring in steady additional income to supplement the military pay. Often it can be difficult for a military spouse to earn additional regular income b
• Credit Issues
  More than likely both of you have used credit prior to this point in your relationship – that, for example you have: used a major credit card (VISA, MasterCard) used a department store credit card, taken out a car loan, or applied, and been approved for, a home loan (mortgage) a car loan or student
• Estate Planning
  Many single women mistakenly think that since they may not have a spouse, partner or biological dependents that it’s not actually that important to have a will. But wouldn’t you like to know that the money you work so hard to earn will continue to benefit the people you love and the causes you belie
• What to Do If You Think You Are a Victim of Identity Theft
  The more quickly you notice and report that your identity has been stolen and misused, the less damage is likely to occur. If you think your identity has been stolen, following are immediate first steps to take: Contact your credit card companies, banks, utility companies, phone companies, etc. to r
• Help for Subprime Mortgage Holders
  If you obtained a subprime mortgage between January 1, 2005 and January 31, 2007 and you are either having difficulty paying the mortgage now, or think you will have difficulty paying it when the interest rate "resets" you may be able to qualify for help. The federal government has worked with mortg
• The Emotional Transition to Homeownership
  The process of looking for, negotiating and finally buying a new home can be both exciting and nerve-wracking. Being so invested in something can really change your views on some things – like how you think about making financial decisions or how you choose to spend time to care for your home..
• Selecting a Lender
  Congratulations. You invested some real time last month to educate yourself about the not-so-simple-to-understand mortgage.. Congratulations. You invested some real time last month to educate yourself about the not-so-simple-to-understand mortgage. Now that you know the basics about what a mortgage
• Medical Debts and Bankruptcy
  Our family’s medical debts are pushing us to the brink of bankruptcy. Is that where you are right now? The statistics are sobering.. Our family’s medical debts are pushing us to the brink of bankruptcy. Is that where you are right now?  The statistics are sobering. Half of all U.S. b
• If You Can’t Pay a Medical Bill
  If you cannot pay your medical bills consider some of the following suggestions: Contact the office quickly. Don’t just not pay the bill, call the office and let them know of your difficulty.. If you cannot pay your medical bills consider some of the following suggest
• Four Year Colleges and Universities
  Four-year colleges and universities offer Bachelor degree programs and typically offer some graduate programs as well. Four-year colleges are considered more prestigious than community, junior and vocational colleges; offer a wider variety of classes and degree programs and generally attract more te
• Debt Negotiation
  Debt negotiation is also commonly referred to as debt settlement. It is one approach to solving unsecured debt problems (typically credit card debt) that may be an option for people who may not be able to make the minimum payments of a debt management plan (DMP). Debt negotiation is also
• Debt Consolidation and Debt Management Plans
  One of the services that credit counseling agencies provide is debt management plans, or DMPs. A DMP is a plan that a counseling agency develops with a client's creditors to help a client consolidate (pool together) and pay off their debt.. One of the services that credit counseling agencie
• Credit Scores: What They Are, Why They Matter and How to Improve Yours
  Did you know that you have something called a credit score that employers, landlords and lenders can view and use to make a wide variety of decisions about you?  A credit score is a number – ranging between 300 and 850 - that represents your creditworthiness, or the perceived likelihood that you will
• Changes You Could Make at the Office
  Just like making changes around the house, there are things you can do during your workday to feel better about the impact you and your co-workers are having on the environment. Create a recycle box.. Just like making changes
• The Age-Old Question: To Buy New or Used?
  Every year car manufacturers spend millions of dollars to convince you that your life would be better – sexier – more manageable – if you just had a gleaming new car. And for some of us a new car is all we’ll consider.. Every year car manufacturers spend millions of dollars to convince you that
• Concerns about Fraudulent Activity
  If you have concerns or complaints about your broker or financial advisor – specifically if you suspect that he/she is involved in fraudulent activity affecting your investment funds - there are agencies and organizations that can investigate your case and provide potential assistance: You can conta
• Brokerage Accounts
  How can you know if the money in your investment brokerage accounts is safe? When one firm acquires another (as Bank of America acquired Merrill Lynch) brokerage accounts are simply transferred from one company to the otherOver time you might see a change in your financial advisor or broker or in co
• Money Deposited in Bank Accounts and Credit Union Accounts
  Up to 250,000 of money you deposit in an FDIC-insured individual bank account, up to 500,000 for joint accounts and up to 250,000 for individual retirement accounts (IRAs) are guaranteed safe by the federal government. If you have more than that amount in a particular bank, it is not guaranteed t
• Credit Unions
  Perhaps you have heard of credit unions, but don’t know much about them. Credit unions are nonprofit cooperative financial institutions.. Perhaps you have heard of credit unions, but don’t know much about them. Credit unions are nonprofit cooperative financial institutions. Let’s break t
• Online Banking
  Most banks now offer online banking – a service where you can check your account activity and balances, pay bills and transfer funds between accounts over the internet. Make sure you know if your bank charges you a monthly fee to be able to use their online banking service.. Most banks now offer onli
• Using an ATM
  Most banks now have automated teller machines (ATMs) ATMs are computers that you can use to access information about your account (such as your account balance) and to get cash from, or make a deposit to, your account.. Most banks now have automated teller machines (ATMs) ATMs are computers tha
• The Financial Effects of Divorce
  In most cases blended families arise from at least one, and usually both, spouses being previously divorced and remarrying after living as single parents. Divorce creates financial hardship for both spouses, but most glaringly for the wife/now-single mother.. In most cases blended fam
• Refund Anticipation Loans
  If you watch TV, you’ve seen ads for them. If you use a tax preparation center for help in filing your taxes, you’ve heard about them.. If you watch TV, you’ve seen ads for them. If you use a tax preparation center for help in filing your taxes, you’ve heard about them. What are they?
• What if I can't pay my tax bill?
  What should you do if you complete your return only to realize that you can't pay your tax obligation? The most important thing to know is that you should NOT delay in filing your taxes because you're not able to pay your tax bill in full. If you don't file you'll have to pay not only the "failure t
• What Does Earthquake Insurance Cover and What Does It Cost?
  This is very important to clarify. Earthquake insurance policies typically cover major property damage or loss due to earth movement – sinking, rising or shifting.. This is very important to clarify. Earthquake insurance policies typically cover major property damage or loss due to earth m
• Collectibles and Valuables Insurance
  Did you inherit family china or jewelry? Do you collect antiques or artwork? Are you a hobbyist with a valuable collection of baseball cards, dolls, stamps or books? It’s important to know that most standard homeowners’ insurance does not cover the repair, restoration or replacement costs of collect
• Making Purchases with a Debit Card
  Most stores, gas stations, restaurants and other locations accept debit cards for payment. Ask the cashier or clerk if the store accepts debit card.. Most stores, gas stations, restaurants and other locations accept debit cards for payment. Ask the cashier or clerk if the store accepts debit card. I
• Questions to Ask when Considering Age-Restricted or Age-Targeted Housing Options
  How much of a security deposit do you require? Is there an entrance fee, and if so, how much? Is it refundable? What is the length of my contract? Can I leave at any point or would I incur penalties? What would my monthly fee be and what does that include? Rent or mortgage only? Utilities? Meal pack
• Questions to Ask when Considering Age-Restricted or Age-Targeted Housing Options
• Signs that It May Be Time to Move
• Signs that It May Be Time to Move
  If you or your aging loved one, live independently - whether it's in a single-family home, apartment, condominium, townhome or mobile home - how can you best determine when and if it may be time to explore different housing options? Desire This is the best situation - when you, or a parent or family
• Key Considerations for Withdrawing Money from Retirement Savings and Investments
  Gone are the days when experts encouraged retirees that they could safely withdraw 10% of their personal savings and investments each year to bankroll their post-work lifestyle. Most financial planners now suggest withdrawing no more than between 3-5% of your total retirement portfolio each year and
• Be prepared for a lengthy insurance payout process.
• Having a Family Emergency Plan
• Who Is Filing for Bankruptcy?
• Sources of Help for Children
• Handling Money Issues with Grandparents, Step-Grandparents and ex-Grandparents
  Just when you didn’t think it could get any more confusing, enter the multiple sets of grandparents. Even though you and your ex-spouse have ended your marriage, it’s more than likely that your ex-spouse’s parent would like to continue their relationship with their grandchild(ren).
• Create or Update Your Wills
  While no one particularly likes to think about their eventual death, it is incredibly important that both you and your spouse have wills drawn up to specify what you want to happen when you pass away. It is estimated that nearly 70% of all adults die without a will.. While no one particularly
• Places to Turn When Money is Tight
  No matter how much you work and plan and take wise financial first steps, like those outlined in the “11 Things Single Moms Must Do, there are times when financial issues can become overwhelming and money seems impossibly tight. Take heart.. No matter how much you work and plan and take wise
• How to Make a Child Care Decision
  Following are some steps to work through in order to make the best possible child care decision for your child and your family: 1) Think through your priorities for child care - do you need your child care to: be close to your home, your workplace, or your child’s school? be within a certain financi
• Why Money Matters in Marriage
  There are few topics that can so quickly divide people as money. And while it is perfectly fine to disagree with friends, co-workers, and even family members about money, when it comes to your marriage, it’s important to be on the same page; if you can’t agree on everything related to finances you n
• How much home can I afford?
  Buying a home is typically the largest financial commitment most people make. It can also seem like one of the most confusing and overwhelming processes you've ever navigated.. Buying a home is typically the largest financial commitment most people make. It can also seem like one of the most confusing
• Managing Your Time
• Managing Your Time
  Many people start a business because they think it will give them more time for their families and their interests. Usually the outcome is the opposite.. Many people start a business because they think it will give them more time for their families and their interests. Usually t
• Rent to Own: Quick Convenience or Overpriced Commitment?
  The rent-to-own industry is a multi-billion dollar industry that attracts consumers with the promise of taking quick possession on "big-ticket" items, like furniture, appliances, computers and electronics (TVs, DVD players, stereos, etc. with no down payment, no credit check and often no upfront cas
• Your First Job
  Finishing school and entering the workforce can be an exciting – and scary – thought. Perhaps you know exactly what type of work or career you want to pursue.. Finishing school and entering the workforce can be an exciting – and scary – thought. Perhaps you know exactly what type of w
• Your First Job
• What Is Mortgage Foreclosure
  Sadly some people end up having their homes foreclosed upon simply because they were too embarrassed to contact their lender, or didn’t know what foreclosure is and what options are available to them to avoid foreclosure. Let’s start by getting clear on what foreclosure is: Foreclosure is a legal pr
• Questions to Ask When Considering Disability Insurance
  Whether you are evaluating a short or long-term disability insurance policy offered through your employer or purchasing an individual plan through an insurance company or agent, consider asking the following questions before making a commitment: How do you define disabled?  In other words, when am I
• Stepping Up Your Savings I.Q.
  Looking for a good beach read? Okay, so maybe flipping through a mutual fund prospectus isn't your idea of scintillating summer read. But wouldn't it be a good idea to know how to manage the money you already have? Or maybe learn how to take the first step to saving? Start small..
• Planning a vacation
  You work hard and you look forward to taking some time to get away over the summer. But it can be easy to overspend on vacation and regret it later.. You work hard and you look forward to taking some time to get away over the summer. But it can be easy to overspend on vacation and regret it later. H
• Mortgage Loans
  The 2007 – 2008 housing market decline triggered the bankruptcy of several banks and mortgage lenders. If the bank or mortgage lender that currently holds your loan files for bankruptcy, it will first sell or transfer your mortgage to another firm.. The 2007 – 2008 housing market decline triggered t
• If You Choose to Use a Check Cashing Store
  While it makes more sense financially to cash checks and send money abroad through an established financial institution (such as a bank, credit union or savings and loan) there may be times when you choose to use a check cashing store. If you do, at least make sure you know what you’re paying for th
• Possible Benefits that Credit Unions Can Offer
  There are a variety of reasons that people use credit unions. Credit unions are typically smaller organizations than most banks or savings and loan institutions and can sometimes focus on providing levels of personal financial services or community focus and connections that seem more relevant or in
• Gift Giving
  According to Beverly Howell, family economics specialist at Mississippi State University, families spend an average of 750 on gifts at holiday time. Think back to last year – do you remember how much you spent on gifts?  Did you feel comfortable spending that amount or did you have to charge items t
• 8 Simple Steps You Can Take Today (without Breaking Your Bank)
  It is possible – you and your family can begin reducing your impact on the environment without breaking the bank. Take some small (inexpensive) steps such as: Think about what you throw away.. It is possible – you and your family can begin red
• Other Financing Options
  If you can’t pay cash for a computer, consider a few alternatives before taking on a potentially expensive loan or charging the purchase on your credit card. For example: Determine what system you would like to get and then really competitively shop both at stores in your area and online. You might
• A Basic Computer System Overview
  If you have never purchased a computer before, the jargon can get confusing and the choices can get overwhelming. Most computer systems that you will probably consider will include basic hardware, an operating system, and software.. If you have never purchased a computer before, the
• What Bankruptcy Does and Doesn’t Fix
  Filing for bankruptcy won’t fix any underlying financial strains that could have contributed to you declaring bankruptcy in the first place. For example, if you don’t have enough income to cover your regular expenses, declaring bankruptcy won’t help you bring in additional income..
• Trying to Keep Your Home – How the Homestead Exemption Works in a Chapter 7 Bankruptcy
  One of most people’s concerns is being able to keep their home. It’s important to know that a Chapter 7 bankruptcy DOES NOT MEAN YOU WILL AUTOMATICALLY BE ABLE TO KEEP YOUR HOME.. One of most people’s concerns is being able to keep their home. It’s important to know that a Chapte
• What Does It Mean to File For Bankruptcy
  When someone reaches the point of filing for bankruptcy they have typically endured a period of embarrassing financial, and perhaps emotional and physical, losses. Often people filing for bankruptcy are ashamed of the place where they have found themselves and they struggle to keep paying and to fin
• Who Is Filing for Bankruptcy
  If you have reached financial “rock bottom” and you have determined that you don’t have any other alternatives to your current financial crisis, perhaps you are considering filing for bankruptcy. If you are, don’t panic.. If you have reached financial “rock bottom” and you have determined that yo
• Selecting a Reputable Credit Counseling Agency
  A reputable, accredited credit counseling agency may be able to provide you with the help you need to get on the road to financial recovery. However not all credit counseling agencies are alike.. A reputable, accredited credit counseling agency may be able to provide you with the help you need t
• If You Have Left, or are Contemplating Leaving, School
  Sue had always struggled in school but she wanted to try earning a college degree at a small nearby university. She was nervous about the workload and how much money it would take to finance her education.. Sue had always struggled in school but she wanted to try earning a college
• How Your Credit Score Can Be Used
  You may be surprised to know how many types of businesses can use your credit score, and what they may use your score for. Once a lender pulls a copy of your credit report and views, or calculates, your credit score, they will use that score to determine their risk in making you a loan or extending
• Mortgage Foreclosure Alternatives
  Once you contact your lender and let them know that you want to stay in your home, there are several alternatives that your lender may consider. These alternatives are also called a “mortgage workout.. Once you contact your lender and let them know that you want to stay in your home, there are several
• Closing on a Loan
  Closing, sometimes called “going to settlement, on a home is like the part of the wedding ceremony where the bride and groom exchange vows. It’s where you and the seller seal the deal! Closing on a home loan is when you sign all the papers transferring ownership of the property from the seller to th
• Additional Features to Consider
  As with any insurance policy, there are several types of features that you will want to consider. Additional features (such as those listed below) will likely increase your premium (the amount you pay for the policy) because you are selecting expanded coverage or benefits.. As with any insurance pol
• Paying for (and Lowering) Your Car Insurance
  Once you have identified a company (or companies) that you like, and a policy that you want, you will sign a contract to purchase the insurance. To get and keep the insurance you will have to pay something called a premium.. Once you have identified a company (or companies) that you like, and a poli
• Standard Homeowners Policy Coverage
  A standard homeowners policy offers coverage for four major areas: your house’s physical structure, your personal belongings, liability (financial protection) for you as a homeowner, and expenses in the event that you are unable to live in your home following damage or theft. Your home’s physical st
• How Do You Think You and Your Family Might Use Health Insurance
  Once you have found some online options or an insurance agent or broker that you feel comfortable with, next you will want to consider under what conditions you and your family use health insurance. For example, Your and your family’s health.. Once you have found some
• Your Family’s Financial Health
  With the pace of day-to-day life, trying to find time to focus on and manage your money could seem too difficult. But taking time now – even just carving out 10-15 minutes a day or every other day – to learn about how to set financial goals, manage your money, save money and invest that savings for
• Decide About Your Tax Filing Status
  Until your remarriage you have probably been filing as a “single payer” for your federal, state and local income taxes. Once you are remarried you will need to decide if you and your spouse are going to file jointly or separately.. Until your remarriage you have probably been filin
• Income
  Before remarrying, both of you were, most likely, responsible for earning an income and supporting your family-even if you were (also) receiving alimony, child support or help from other family members. When you remarry you will need to consider how you want to view your blended family’s income – ar
• Child Support
  Child support can be one of the most emotionally-charged financial issues in a blended family. In some families, having to pay child support is the strain and continual reminder of a previous marriage.. Child support can be one of the most emotionally-charged financial issues i
• How to Make a Child Care Decision
  Following are some steps to work through in order to make the best possible child care decision for your child and your family: 1) Think through your priorities for child care - do you need your child care to: be close to your home, your workplace or your spouse’s workplace?  be within a certain fina
• What if I live overseas?
  If you're either military or a civilian living overseas, there are a few helpful things to know. First, if you qualify for overseas residency (as a U.. If you're either military or a civilian living overseas, there are a few helpful things to know. First, if you qualify for overseas residency (as a U.
• Finding Your Next Customer
• Attitude Helps
  To increase your chances for success, build your business around something you really know, love and are good at. The more you enjoy your work, the better you will be able to meet the challenges of self-employment.. To increase your chances for success, build your business around something
• Write a Resume
• Write a Resume
  If you’re applying for a job, you will likely need a resume. The companies or organizations may have a formal application that you need to fill out, but, depending on the type of job you’re looking for, it’s considered standard to also have your resume on hand.. If you’re applying for a
• Keeping Copies of Your Personal Medical Files
  Every time you see a doctor he/ she will make notes in your file. That files is not the sole private property of your doctor – it’s your information and you have the right to know what’s in there and in fact you should request copies.. Every time you see a doctor he/ she will make notes
• 16 Warning Signs You Could Be Heading for Financial Trouble
  We’ve all done it before – forgotten to pay a bill on time, charged more on our credit cards than we should, etc. But there are some financial “red flags” you should pay attention to realize that without a course correction, you’re headed for financial trouble.. – forgotten to pay a bill on time, charged more on
• Story File
  The SIFMA Foundation for Investor Education seeks to provide you with the best information, tools and resources available to help your followers become more financially literate. We have compiled this story file based on year-round evergreen topics.. Investor Education seeks to provide you with the b
• Parents Dealing with their Single Adult Child’s Deployment
  Most often deployment information and support is directed to the servicemember’s spouse. But what about the single servicemember?  What happens when he/she is deployed?  After being out of the family home and living on his or her own, suddenly he or she needs family members to help with the paperwork
• Finding the Right Home
  What words come to mind when you think about finding a new home? Exciting? Scary? Overwhelming? The truth is that finding a new home can be all of those things. The way you feel about finding a new home can depend on why you're moving and how much time you have to find a home.. What words come to mind w
• Offers & Counteroffers
  When you've found the home you want the next step is decide whether or not you want to make an offer, meaning that you want to tell the seller that you want to purchase the home. Making an offer is where you put pen to paper and outline exactly how much money you're willing to pay for the home and u
• Reverse Mortgages
  If you are 62 or older and own your home you have access to a special type of financing that can help you turn your greatest asset – your home – into supplemental income, enabling you to meet your other financial obligations and reach important life goals. A reverse mortgage is a financial tool that
• Eleven Steps Single Moms Need to Take
  Single moms have mastered the art of multi-tasking. Working, making phone calls, vacuuming, paying bills, feeding kids and taking them places, responding to emails …. Single moms have mastered the art of multi-tasking. Working, making phone calls, vacuuming, paying bills, feeding kids and ta
• Selling Your Home Part 1
  Every year millions of Americans sell their homes. Some of the most common reasons for selling a home are: Relocating for a job Needing or wanting more room for a growing family Moving after retirement Downsizing Moving to a more desirable or convenient neighborhood for work or school This month we’
• Ways to Avoid Becoming a Victim of Elder Financial Abuse
  What is elder financial abuse? Simply put, it’s a crime. It is when someone – an individual, company or organization – wrongfully takes a senior citizen’s money, property or other financial resources.. What is elder financial abuse?  Simply put, it’s a crime. It is when someone
• Ways to Avoid Becoming a Victim of Elder Financial Abuse
• Long-Term Disability Insurance
  A long-term disability can be financially devastating. While you may be able to use personal savings to cover your expenses temporarily while not working, most people are financially unprepared to be suddenly out of work for an extended period of time, or be permanently unemployable..
• How Unemployment Benefits are Calculated and What Happens When They Run Out
• How Unemployment Benefits are Calculated and What Happens When They Run Out
  When you lose a job you may be eligible for temporary unemployment benefits which can help you bridge the uncertain – and often financially worrisome period – between jobs. If you qualify, unemployment benefits will provide you with a percentage of your take-home pay for a specified period of time,
• Adapting to an Unplanned Retirement
  Most of us have a vague idea of how our work life will progress – we’ll spend a few years deciding what we really want to do, get established in our careers, move companies or organizations a few times, progress up the pay scale and then - at a point of our choosing in our sixties or seventies - we
• Refinancing Your Mortgage as an Option to Hold onto Your Home
  For many homeowners who obtained an adjustable rate mortgage over the past few years to buy a home, both time and the economy have not been on their side. Millions of homeowners holding adjustable-rate mortgages are trying to determine if they can refinance their current home loan to be able to affo
• Types of 529 Plans
  529 plans got their names from the section of the IRS tax code (section 529) which helped create this way of investing savings for college costs. There are two types of 529 plans: Prepaid Tuition Plans and Savings Plans.. 529 plans got their names from the section of the IRS tax code (section 529
• Start Out Smart! 7 Money Moves to Make Now
  Congratulations – you have a job! Your first full or part-time job can be exciting, overwhelming and scary…all at the same time. The biggest benefit is of course having a real paycheck! Before you run out and spend that entire first paycheck, there are a few wise financial “first moves” you should c
• Preserving the Value of Your Home and Community When the Housing Market Changes
  With the increased rate of home foreclosures nationwide, many homeowners, and home sellers, are facing tough questions about how to maintain as much of their home's value as possible, how to sell a home in a slowing real estate market, and how to ensure that their community remains a desirable place
• Stretching Your Retirement Spending Dollar
  During retirement you are going to have to make your income and savings stretch further than before to reduce the risk of outliving your financial reserve. To do that you will need to start with a plan for how to strategically draw down your retirement savings and investments , and then mindfully ma
• What Happens to Homeowners Holding Interest-Only Mortgages When Interest Rates Rise
  Starting in early  2001 millions of Americans took advantage of record low interest rates and bought a home. But the down side of that good news is that while interest rates were at record lows, housing prices soared to record highs.. Starting in early 2001 millions of Americans took
• Important Considerations for Saving and Investing: In Your 30s
  While retirement may still feel like a lifetime away this decade is critical for saving and investing. You still have plenty of time to save and invest and reap the benefits of compounding interest and long-term gains.. l feel like a lifetime away this decade is critical for saving and investin
• Tax Changes that Could Affect Your 2009 Tax Bill
  Changes to the tax law in 2009 could affect your federal income tax bill. It’s important to know what tax law changes could affect you personally and how those changes could trigger either an increase or decrease in the amount of money you owe – or the amount of money you could be refunded by – the
• Open Enrollment
  Tara and Erik are a two-income family. Tara works as a paralegal and Erik works as a family counselor at a nonprofit for troubled youth.. Tara and Erik are a two-income family. Tara works as a paralegal and Erik works as a family counselor at a nonprofit for troubled youth. They have a t
• Investing
  One of the most common questions single women have as they begin taking control of their finances is “how do I become an investor? Too often women are under the wrong impression that there is some sort of “one size fits all” way to invest. There isn’t.. estions single women have as they begin taking con
• Comparing Credit Card Offers
  IT'S NO SUPRISE that so many people still carry credit cards with annual percentage rates (APRs) of 13% or higher. After all, there's a whole industry of card issuers out there devoted to using hidden fees and interest rate gymnastics to gouge you as best they can..
• 10 Tips to Protect Yourself from Investment Scams
  Everyone wants to “get rich quick” but no one will, at least not legally. Unfortunately the investment world does include a few fraudsters and con artists who try to enrich themselves by taking advantage of other people’s weaknesses, needs and desires.. Everyone wants to “get ri
• 13 Things Your Family Can Do Today
  All parents want their children to grow up knowing how to responsibly handle money – how to earn money, how to most wisely spend it, and how to invest it well for future needs. But how does that happen?  Here are 13 things that every family can do together to take control of your finances to reach im
• Mortgage Counseling If You're Having Trouble Paying Your Mortgage
  If you are having difficulty making your monthly mortgage payment or even facing foreclosure you cannot afford to wait and hope that you can resolve the issue later. If you are behind on your mortgage you can be faced with foreclosure, and sooner than you may realize.. If you are having difficu
• Alternatives to Using a Check-Cashing Store
  There are alternatives. While it can seem more convenient and even comfortable to use a check-cashing store, the truth is that there are much better, less expensive options that will perform the same services and leave you with more money in your pocket or to send home.. There are alternatives. W
• Investing in Your 20s
  Starting out in the workforce you have a huge advantage working for your retirement planning: time is on your side. By creating the habit of saving and investing for retirement now, time will enable you to reap the benefit of both compounding interest and long-term gains.. Starting out in the workf
• How to decide if you really want to own a home
  It seems obvious but the first place to start is to decide whether or not you really want to own a home. No doubt, there are definite benefits to homeownership, including: Tax benefits.. It seems obvious but the first place to start is t
• Common Financial Myths Single Women May Believe
  Most women heard or sensed certain negative messages about money growing up such as: men should or will earn more money than women; men are better in math and therefore in understanding how to work with money than women; a woman’s income will most likely as be a “second income” within a family’s fin
• How to Protect Your Identity
  Preventing identity theft sounds difficult. How can you prevent something when you’re not really sure how it happens? It can help to think about preventing theft by thinking about HOW a potential thief might be able to get, or access, information about you.. Preventing identity theft
• Questions to Ask
  When considering whether to purchase earthquake insurance, consider asking an agent the following questions: If you are a California homeowner, ask if the insurance company participates in the CEA program or if the policy they offer is not affiliated with the CEA. Ask how their policy compares with
• Decisions to Consider Making
  As you become more comfortable talking about financial issues, sharing thoughts, opinions, plans and paperwork you should start working through some important decisions. Areas to talk about include: Goal-Setting.. As you become more comfortable talking about finan
• 10 Great Things to Do with Your Tax Refund
  According to the IRS nearly 75% of all Americans will get a tax refund this year, averaging nearly 2,500. Do you anticipate receiving a refund? If so, don’t just rush ahead and spend it.. According to the IRS nearly 75% of all Americans will get a tax refund this year, averaging nearly
• Mutual Funds
  Mutual funds represent a pool of money from many investors whom choose to buy a type of investment, such as stocks or bonds or a mix of both. With mutual funds, you, as the investor do not manage the money yourself, rather your money is invested by a professional money manager..
• Mutual Funds
• What to do when Downsizing?
  Most people cite "being able to stay in my home" as one of their top financial priorities. If your finances are tight, you might want to do a little math to figure out how your current monthly mortgage compares to your current income.. Most people cite "being able to stay in my home" a
• Recovering From Bankruptcy and Re-Establishing Your Credit
• A Widow
  Scenario: Marilyn is a 51-year old widow, living in Delaware, supporting two teenagers. When her husband died unexpectedly, she had to return to the work force full-time.. Scenario: Marilyn is a 51-year old widow, living in Delaware, supporting two teenagers. When her husband died unexpectedly, s
• Help If You are Concerned about Being Able to Pay Your Mortgage
  If you own your own home but still have a monthly mortgage payment that is probably one of your highest financial priorities. If you find yourself in a situation where your finances are so tight or that you have such quickly mounting debt that you are having difficulty making your mortgage payment i
• Short-Term Disability Insurance
  A temporary disability can put you out of work, and without income, for a longer time then you may have savings for. Short-term disability insurance pays a percentage of your salary if you become temporarily disabled.. A temporary disability can put you out of work, and without income, for a l
• Similarities between Health and Money
  Let’s consider some of the similarities between your health and your money, and then address small ways that you can begin making positive steps in both areas. Barbara O’Neill and Karen Ensle at Rutgers University have identified some interesting, practical similarities between money and health and
• Recovering From Bankruptcy and Re-Establishing Your Credit
  If you have filed for bankruptcy you have been through a very stressful, and probably humiliating, time in your life. It can be traumatizing to realize that you have hit rock bottom financially and you may feel panicked or shaky about what this means for your future.. If you have filed for ban
• Your Current Debt and Ways to Save for a Mortgage Down Payment
  The amount of debt you currently have and your credit score (which tells lenders how reliable you are about repaying your debt and loans) will also affect how much interest you will be charged on your loan. You should consider getting a free copy of your credit report now, early on in the home-buyin
• Choosing a Phone
  Increasingly cell phone companies offer customers free phones, or steep discounts to purchase a phone, when they sign up for service. Before you decide to use the phone you’re offered by your service provider for free or you decide to upgrade, it can be helpful to know the two major types of cell ph
• Choosing an Account
  When you find a bank that you feel comfortable using, the next step is determining what type of an account, or accounts, you would like to open. The most common types of accounts are: Checking Accounts.. When you find a bank that you feel comfortable usi
• Choosing a Cell Phone Calling Plan
  How much do you think you will use a cell phone?  Do you want one to have just in case of emergency while you’re traveling or for your kids to be able to get in touch with you while you’re out?  Or maybe you plan to talk a lot on your cell phone – you have friends all over the country you like to keep
• Rising Interest Rates and the Mortgage Crunch and What It May Mean to You
  The initial housing boom began in early 2002 - 2003. Interest rates were falling to all-time lows.. The initial housing boom began in early 2002 - 2003. Interest rates were falling to all-time lows. A surge of homebuyers eager to take advantage of the low interest rates on mortgages began pushing ho
• Mortgage Center: Frequently Asked Questions
  What is an ARM? An ARM is an acronym for "adjustable rate mortgage. That refers to a home loan where the interest rate charged on the amount of money you're borrowing to purchase the home adjusts, or changes, over time as the government raises or lowers the rate of interest that banks charge each ot
• What to Do When It Becomes Difficult to Pay Your Mortgage
  Change happens. When you bought your home you may have budgeted carefully and never anticipated having difficulty making your mortgage payment.. Change happens. When you bought your home you may have budgeted carefully and never anticipated having difficulty making your mortgage payment. But ma
• How to Improve Your Credit Score
  Your credit score is not set in stone; it changes over time as you use, manage and maintain your credit. If you have recently learned that you have a low credit score, the good news is that there are things you can do to improve your score: Request and review your credit report on file with each of
• Tax Changes that Could Affect Your 2010 Tax Bill
  There are a few changes to the tax law that could affect your 2010 federal income tax bill. These changes are important to know about especially if you’re preparing your own taxes. The good news is that most of these changes have the potential to reduce or even eliminate the amount you owe the feder
• Is That Balance Transfer Worth It?
  LIKE MANY PEOPLE THESE days, 69-year-old Ira Stoller uses cash-rebate credit-cards for all of his purchases, lowering his bills by as much as 5% But these savings are nothing compared with the profit the traveling salesman from Butler, N.. LIKE MANY PEOPLE THESE da
• Other Factors Influencing or Affecting Your Investments
• Other Factors Influencing or Affecting Your Investments
  As with most things in life, becoming an informed investor takes a little time, learning and self-education. In addition to knowing what type of investment options there are – in other words, where you can invest your money to hopefully make a return – it’s important to know how money works in an in
• Giving Wisely
  Every year millions of people support nonprofit organizations to care for people in their communities, strengthen causes they feel strongly about, and reach out to people affected by disasters. Giving is a noble and generous act of caring and service.. Every year millions of people support nonprofit or
• The Importance of Opening and Acting On Your Retirement and Investment Account Statements When the Financial Markets are Volatile
• The Importance of Opening and Acting On Your Retirement and Investment Account Statements When the Financial Markets are Volatile
  With the wild fluctuations in the financial markets Americans are, understandably, nervous to see how their own investments have fared. What do you do when your retirement or brokerage account statements come in the mail?  While it can be tempting to file them away or even toss them out, it’s actuall
• Next Steps: Recovering from a Service Member’s Death
  As you work through the initial grief of losing your loved one it is important to know what resources the military provides: Legal Assistance Your casualty affairs officer will accompany you to a meeting with a Department of Defense legal assistance officer where you will learn about the benefits an
• Managing Your Grocery Bill When Food Prices Rise
  Climbing grocery prices have caused millions of Americans to reconsider purchases. Unfortunately, according to the US Department of Labor, food inflation is expected to continue.. Climbing grocery prices have caused millions of Americans to reconsider purchases. Unfortunately, ac
• Your Home Mortgage - A Financial Tool
  As you pay off your mortgage you are building up equity, or savings, in your home. As your savings accumulate and your needs change, or outside economic factors change, you may want to make changes to your mortgage.. As you pay off your mortgage you are building up equity, or savings, in you
• Short Sales: What They Are and Why a Homeowner Might Pursue One
  Homeowners who are pressed to make their mortgage payments – or are already behind – may consider trying a short sale as an option to letting the bank foreclose. A short sale is when a mortgage lender agrees to accept less money than the amount the homeowner owes on the loan.. d to make their mortgage
• When Your Parents’ Retirement Plans Change
  What do you do when you parents’ retirement plans change? When their finances, benefits and insurance no longer enable them to maintain the lifestyle they envisioned in their older years or to meet their current financial and personal needs? . arents’ retirement plans change? When their finances, benefits and insuranc
• Moving Day
  The big day is almost here. Moving day.. The big day is almost here. Moving day. Before you get to enjoy the excitement of moving into your new home, you’ve got to make it through the tedium and trial of actually boxing up and moving all your possessions. Having your tools and materials rea