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Interest Income What is Interest? Interest is money paid to you from interest rate earnings from investments such as bank accounts, mutual funds, and companies in which you own stock. What Paperwork Do I Need? Most interest income is reported on Form 1099-INT. However, you may find interest income on a consolidated broker’s or financial […]
Credit Cards with Annual Fees: Are They Worth It? When shopping for credit cards, you may be surprised at the steep annual fee for some of the premium cards out there. Those gold-star benefits do come with a price: in some cases, several hundred dollars and upwards. So, when is the annual fee worth it? […]
Money-Saving Challenge: 30 Types For Every Personality in 2022 When it comes to saving money, whether it’s for a short-term goal, such as a trip, or for a long-term one, such as a retirement fund, there are many budgeting strategies to choose from. Starting a money-saving challenge can be a good strategy to save money […]
You probably had to pick a career field early in life, but what happens if you later realize it’s not right for you? If you’re wondering how to start a new career, either later in life or after trying different jobs, you’re not alone. In 2021, an increasing number of people started to rethink their […]
How to Choose a Side Hustle for Your Lifestyle If you’re like one of the many people looking to be an entrepreneur, you might be wondering how to choose the best side hustle. While there is no one and only perfect side hustle that fits everyone, there are a few questions you’ll want to ask […]
New tax rules may mean bigger refund for young workers and retirees with side jobs The woman had Social Security benefits, a tiny pension that amounted to less than $1,000 for all of 2021, and she earned around $2,500 working as seasonal help at a local store. “She wanted to make sure her friends and family […]
Why and how to set up a blog on an ecommerce site Why do so many ecommerce sites have a blog? Is that because online shop owners love to write posts? Or do they have a lot of spare time on their hands? Probably not. Although blogging is a lot of fun, it is also […]
How long will my tax refund take? More than 90 percent of tax refunds are issued by the IRS in less than 21 days, according to the IRS. However, the exact timing of receiving your refund depends on a range of factors, and in some cases, the process may take longer. If you’re owed a […]
Labor Department offers unemployment recovery guidance Tens of millions of Americans were laid off in the early waves of COVID and got emergency pandemic jobless benefits authorized by Congress. But the state systems that administer unemployment insurance were outdated and overwhelmed, and in the scramble, some who were eligible were denied benefits. Others got approved for benefits […]
23 Better Money Habits You Need to Start Doing in 2022 Working on your finances can be a long process, but taking it one step at a time and developing better money habits can help you get ahold of your finances and start building a better future for yourself. If you struggle with setting money […]