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Personal Finance
American culture has created names for various age groups based on when they were born. Baby Boomers. Millennials. Generations X and Y. But another demographic has emerged based on what’s…
What to Do When You Can’t Afford Credit Card Payments What happens when just meeting the minimum payments is beyond your means and you’ve come to the tough realization you…
The “Statute of Limitations” for credit card debt is a law limiting the amount of time lenders and collection agencies have to sue consumers for nonpayment. That time frame is set by…
If you’re contemplating a divorce, you may be wondering: how will credit card debt be divided? There are several factors that can influence who pays. Whose name is it in?…
Debt is a threat to the retirement plans of almost every American. A recent study by Lending Tree showed that just about every senior carries debt into their early retirement…
First job? Congratulations! Welcome to the workforce! First paycheck? You have some planning to do. Paychecks are your ticket to join – and enjoy – America’s economy, but there are…
Borrower beware! If you are hoping to score a car or home loan and don’t know your debt-to-income ratio, you probably want to check into it. You might find out…
A disturbing number of Americans are speeding toward a financial cliff called retirement. Unless they change their saving habits, they may well barrel over the edge and land in poverty.…
Getting a pink slip might not be as devastating as learning you have a serious medical problem, but the trauma of losing a job can hit hard, especially for those…
With the rise of online shopping, there is no doubt that Americans are using credit cards more than ever. There’s also no doubt that a lot of them are wasting…
Sources:
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- NA, ND. Deducting Summer Camps and Daycare with the Child and Dependent Care Credit. Retrieved from https://turbotax.intuit.com/tax-tips/family/deducting-summer-camps-and-daycare-with-the-child-and-dependent-care-credit/L8aAzvmjB
- NA, (2018, May). How to Pay for Nursing Home Care / Convalescent Care. Retrieved from https://www.payingforseniorcare.com/longtermcare/paying-for-nursing-homes.html
- NA, (2017, October 10). Costs of Care. Retrieved from https://longtermcare.acl.gov/costs-how-to-pay/costs-of-care.html
- Whitehurst, G. (2018, April 19). What is the market price of daycare and preschool? Retrieved from https://www.brookings.edu/research/what-is-the-market-price-of-daycare-and-preschool/
- NA, ND. The Expected Family Contribution (EFC): FAQs. Retrieved from https://bigfuture.collegeboard.org/pay-for-college/paying-your-share/the-expected-family-contribution-efc-faqs
- Shell, A. (2018, January 10). Retirement crisis: 37% of Gen X say they won't be able to afford to retire. Retrieved from https://www.usatoday.com/story/money/2018/01/10/retirement-crisis-37-gen-x-say-they-wont-able-afford-retire/1016739001/
- Taylor, P.; Parker, K.; Patten, E.; and Motel, S. (2013, January 30). The Sandwich Generation Rising Financial Burdens for Middle-Aged Americans Retrieved from https://www.pewresearch.org/wp-content/uploads/sites/3/2013/01/Sandwich_Generation_Report_FINAL_1-29.pdf
- NA, (2016, May). Comparing Assisted Living and Nursing Home Care. Retrieved from https://www.payingforseniorcare.com/assisted-living-vs-nursing-homes.html
- Wallace, K. (2017, March 30). Ways to Make Child Care More Affordable. Retrieved from https://www.morningstar.com/articles/800381/ways-to-make-child-care-more-affordable.html
- NA, ND. Child and Dependent Care Tax Credit. Retrieved from https://americantaxservice.org/child-dependent-care-tax-credit/
- NA, ND. Child and Dependent Care Information. Retrieved from https://www.irs.gov/credits-deductions/individuals/child-and-dependent-care-information