by Kari FaberStaff WriterStarting your job search as a teenager can be an important stepping stone toward a financially sound future.Whether you want a job to start saving for college, buy a car or help your family out, making money when you’re in your teens is a smart move. Even though you’ll likely be making minimum wage, working only a few hours a week will kickstart your savings, build your
by Nicole DowSenior Writer Medicine is one of those expenses you usually can’t put off. But the cost of prescriptions can make you feel sicker than when you first walked into the pharmacy. According to a recent poll from the Kaiser Family Foundation, about 26% of Americans say they have difficulty paying for their prescriptions. The cost keeps some from taking their prescriptions as directed — cutting pills in half
by Brynne ConroyContributorDisabled Americans face many financial hurdles, and the high cost of medical care may be the biggest.But when the disabled need to access assistance programs in order to pay for that medical care, there are often asset tests that limit the amount they are allowed to have in savings. And sometimes even the amount they are allowed to earn.This post will introduce one of those rare silver linings
by Michael ArchambaultSenior WriterDespite the name, neobanks have nothing to do with the Matrix, and Keanu Reeves won’t be showing up the next time you want to make a deposit. Rather, neobanks are technology companies that provide online banking services that you can access from your digital devices.Neobanks, commonly referred to as “challenger banks,” aim at providing essential financial services, such as savings and checking accounts, with an end goal
by The Penny Hoarder Staff Even with the possibility of a refund dangling in front of us, most of us hate to do our taxes. Online tax prep and filing services significantly ease the burden without paying personal-accountant-level dollars. But of the many available tax preparation companies, which is the best? In this review, we’ll cover TaxAct, one of the lesser-known income-tax filing programs — but a frugal filing option
by Quinten PlummerStaff WriterThere’s a way to buy or sell a car that doesn’t involve negotiating with people who earn a living based on their extraordinary ability to sell things that go “vroom.” Carvana lets you research automobiles online, have your trade-in appraised, apply for financing and buy used cars without stepping foot on a dealership’s lot. You can even have Carvana deliver your new car to your home or come
by Top Class Actions Consumers have a lot of opportunities to claim some compensation in March thanks to a number of class action settlements.Companies such as Apple, Kroger, Zoom, Forever 21, and more have agreed to settlements with claim deadlines next month. Read on to find out if you qualify.The March deadlines for filing claims in these settlements are fast approaching, so read on to find out if you qualify.
by Tiffany ConnorsEditor/WriterIf you have a Health Savings Account but not enough money to cover your medical expenses, you are not necessarily doomed to insurmountable debt — even if you owe on old medical bills.Alexandra Wilson, a Certified Financial Planner in Atlanta, used her HSA contributions to cover medical bills from when she gave birth to her daughter the previous year.She front-loaded her HSA in anticipation of her daughter’s arrival.
by Kari FaberStaff WriterSome people just love going to a car dealership and spending hours haggling with the sales people. It’s almost a game for them.And then there’s the rest of us — who don’t exactly live for the thrill of the car-buying process, yet we do the negotiation dance because we have no choice. We still need to buy or sell a car, after all.If you’re in that camp,
by Catherine HilesContributorPart of being an American is looking toward Tax Day with either dread or anticipation. Will you have to cut a check to Uncle Sam, or will you get a plump refund? Tax deductions can tip the scales — a lot — meaning you’ll end up sending less money to the IRS.Read on to understand which common tax deductions you could claim when you file your tax return