Interest Income
Interest IncomeWhat 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 institution statement. You may […]
Credit Cards with Annual Fees: Are They Worth It?
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
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 […]
How to Start a New Career: Career Change Tips
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 […]
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