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Tax season is upon us! And with that, many of us will be getting our tax returns, woohoo!! Time to go splurge at the mall right? Get those new shoes we’ve been eyeing, or maybe a new gaming system? But why not, instead of splurging on short term pleasure (unless it’s something you really need, …
Continue reading “How to Use Your Tax Refund to Improve Your Finances”
So, originally I was going to make an article outlining the exact timeline of the Silicon Valley Bank collapse and the following government intervention. However, I was confused when ChatGPT started talking about SVB failing in 2008 or other old information, like SVB is a healthy bank and hasn’t had any issues. And then ChatGPT …
Continue reading “The Most Searched for Financial Information, per ChatGPT”
I just saw a scary article recently (albeit a little late to the party)… Credit Summit recently reported a survey done in December of 2022 that showed that roughly $21 billion of gift cards have gone unspent!! That’s more than the GDP of many countries! Senegal, Nicaragua, Afghanistan… The list goes on! The survey goes …
Is it crypto? Or a specific stock? Or maybe real estate? While these could work long term with smart investments and lots of research, they all come with far more risk than the options below! The first and easiest option is to simply put money into your company 401k! As long as your company offers …
Both credit cards and debit cards are just smaller, plastic rectangles to replace larger, paper rectangles for payment, right? But what is the difference between them? They are both issued by banks. They both require a merchant to be accepting that brand of card. However, the biggest difference is the fact that, to use a …
Continue reading “Should I Get a Credit Card or Debit Card?”
With tax season upon us, I thought it was as good a time as ever for a short post about the differences between tax deductions and tax credits! Now, always make sure to research yourself, or even better, to hire a professional to help with your taxes (I will do a later post about the …
Continue reading “Is it a deduction? Is it a credit? A Beginner’s Introduction”
Believe it or not, it’s not magic! FICO uses a specific weighting scale to put out your credit score. With credit card debt increasing nationwide, and with the highest annual jump in more than two decades of 15%, I can think of no better time to discuss credit than now (1). Why do credit scores …
Continue reading “How is my credit score calculated? I need help!”