Money Management

Money Management

Get Your Free Federal Tax Receipt

There's a good chance your largest expense in 2010 was the taxes you paid to Uncle Sam. But do you know exactly where your money went? Probably not.

ThirdWay, a think-tank based in Washington D.C., believes that everyone who files a tax return should have the right to a "taxpayer receipt" as well. It sounds logical enough. Would you ever give someone else thousands of dollars for an unknown product without receiving a receipt?

on Thu, 2011-05-05 17:00

What is a 1099-C?

If you went through a foreclosure, sold your home short, or had credit card debt forgiven in 2010, then you probably received a 1099-C in the mail early this year. Hopefully you didn't ignore it and shove it in the back of your desk, because this is a form that could cause some serious problems if not given the proper attention.

on Mon, 2011-04-11 17:00

Say No to Credit Card Protection Plans

Recent studies show that credit card protection plans, often advertised as a way to guard against unexpected events such as unemployment or illness, are not only expensive but also provide little in return.

According to the Government Accountability Office, consumers spent $2.4 billion on credit card protection plans in 2009 while credit card companies only paid out $518 million in benefits. Ouch! So why is it such a bad deal?

on Tue, 2011-03-29 17:00

Prepare and e-File Your Tax Return for Free

Tax season is upon us yet again! But before you head out to purchase the latest tax software, did you know that you might be able to get it for free? In fact, if your Adjusted Gross Income (AGI) was $58,000 or less in 2010, the Internal Revenue Service wants to help you prepare and e-file your federal tax return completely for free this year. Here's how it works.

on Tue, 2011-02-15 16:00

Take Charge of Your Gift Cards

Do you have a sock drawer full of unused gift cards from the holidays? If so, you're definitely not alone.

Some experts believe that consumers leave over $5 billion on gift cards each year. That's a lot of unused dough! However, thanks to a new Seattle-based startup,, you'll no longer have an excuse to let another penny go unspent.

on Sun, 2011-01-09 16:00

Set Your Financial Goals for 2011!

The excitement of Christmas has come and gone, but there's still one week left in 2010. In fact, this is the perfect time to not only reflect upon the previous year, but to also look ahead and set some personal financial goals for 2011.

Do you still have lingering credit card debt? Are your credit scores down in the dumps? Do you have a child that will be heading off to college in just a few years, or are just you not saving enough for retirement?

on Mon, 2010-12-27 16:00

Check Your Credit Card's Return Protection Policy

Americans love to return things. It's part of our shopping culture. Try buying something in Asia and then returning it a few weeks later because you decided the color just wasn't right. They'll look at you like you're crazy!

Return policies become especially important to us around the holidays. If you bought an expensive dress for your wife on Black Friday, you wanted to make sure she would have plenty of time to return it when she opens it on Christmas morning and nearly gags at its pure ugliness, right?

on Sun, 2010-12-12 16:00

Make a List and Check it Twice

If you're interested in staying within your holiday shopping budget this year, take some advice from the big guy in the red suit—make a list. And after it's made, check it twice before you hit the malls to brave the masses. A carefully prepared list is sure to save you both time and money this holiday season.

on Mon, 2010-12-06 16:00

Check Your Credit Card Rewards Bonuses Before Holiday Shopping

The holiday shopping season is in full swing, which means retailers and credit card companies are working overtime to win your business. So what do the retailers have up their sleeves this year?

Nothing really new—just sales, sales, and more sales! Obviously they work, or else we wouldn't have shoppers fighting over flat screen TVs at 4 a.m. in the aisles of Walmart.

on Mon, 2010-11-29 16:00

Consumer Financial Protection Bureau: Will it Help?

The recent economic crisis highlighted serious problems within financial sectors of nations across the globe. In the US, these problems have hit home particularly hard, leaving American families with lost wages, mounting debt, and higher unemployment.

And while some responsibility for what's happened certainly lies with those who borrowed money they couldn't afford to pay back in the first place, many argue that this crisis was essentially all made possible by lenders willing to take enormous risks on who they chose to lend to.

on Wed, 2010-11-17 16:00