Credit

Savings Savvy on January 18th, 2010

Even if it depleted all of your savings?

Continue reading about If You Had The Money In Your Savings To Completely Pay Off Your Credit Card, Would You Do It?

Savings Savvy on January 13th, 2010

I file my own taxes…this year I finally noticed the credit for my 401K (deferred from my paycheck). I couldn’t figure how to do this form since it does not come with step by step instructions. I hate to pay someone…especially if it ends up with me losing money. I went to [...]

Continue reading about Federal Tax: Is It Worth It To File The Retirement Savings Credit Form 8880?

Savings Savvy on January 10th, 2010

lost my job but have a car payment on new loan, can i just return my car to credit union? will i still be responsible for anything else? if they already have the car why will i still be responsible?

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Savings Savvy on January 8th, 2010

Should we use our tax return to pay off one of our credit cards, or pay most of the balance and then put the rest in savings? By the way, we have no money saved at this point, that’s why we are in debt. Hoping to change this.
Thanks!

Continue reading about Should We Use Our Tax Return To Pay Off 1 Credit Card, Or Pay Most Of It And Then Put The Rest In Savings?

Savings Savvy on December 21st, 2009

I have a bond worth $12,000(10,000 face) and she has $12,000 in student loans from tuition from 2004. I know that you can avoid paying taxes on the interest you make on bonds if you use it to pay tuition for secondary schooling. Does it still apply for loans that are a couple years old? [...]

Continue reading about If I Cash In Savings Bonds Can I Pay My Wife’s Student Loans Off And Get A Tax Credit?

Savings Savvy on December 20th, 2009

I have a bond worth $12,000(10,000 face) and she has $12,000 in student loans from tuition from 2004. I know that you can avoid paying taxes on the interest you make on bonds if you use it to pay tuition for secondary schooling. Does it still apply for loans that are a couple years old? [...]

Continue reading about If I Cash In Savings Bonds Can I Pay My Wife’s Student Loans Off And Get A Tax Credit?