College financial aid includes grants, scholarships, work-study and federal student loans. Scholarships and grants are forms of aid that generally donât need to be repaid. Students who qualify for work-study are able to find part-time employment that can help them pay for college costs. Federal student loans are also considered financial aid, but unlike scholarships […]
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If youâre due a tax refund this year, youâre likely to be impatient to get your hands on the money. Perhaps you are planning on using it for a special purchase or a vacation. Or maybe you are eager to use it to pad out your emergency fund or pay down some debt. Fortunately, the […]
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At some point in your financial life, you may need to issue a stop payment on a check to prevent it from being cashed. This might happen because a check gets lost or stolen. Or perhaps you need to cancel a check because you filled it out with the wrong information, such as an incorrect […]
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Some people may have emergency savings to dip into or family or friends who can help them out if the unexpected happens. But for those who canât access such resources, help may come in the form of a hardship loan, a type of loan offered to help people get through financial challenges, such as unemployment […]
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While business checks and personal checks may seem like the same thing, there are actually some important differences. Sure, all checks can be used to pay bills or cover other expenses using funds in a linked checking account. But the main difference between a personal check and a business check is the source of funds. […]
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A non-deductible IRA is what it sounds like: An IRA, or IRA contributions, that cannot be deducted from your income. So whereas contributions to a traditional IRA are tax-deductible, non-deductible IRA contributions offer no immediate tax break. In both cases, though, contributions grow tax free over time â and in the case of a non-deductible […]
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A credit card is a key tool for achieving financial independence, so itâs understandable why a teen might wonder, âcan you get a credit card at 16?â While you have to be at least 18 years old to get your own credit card, you can become an authorized user on someone elseâs credit card as […]
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Parent PLUS loan forgiveness provides financial relief to parents who borrowed money to cover the cost of their childrenâs college or career school. It isnât always a quick fix, but there are certain federal and private programs that might offer the financial assistance needed to help them get on track. To receive federal relief for […]
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Finding out you need dental work can be scary â and scary expensive. Still, the pain and the price could get even worse if you put off getting care. And sometimes delaying just isnât an option. If you donât have enough money stashed away in your emergency fund, and your insurance wonât cover all your […]
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Not all wills are alike; there are actually four main kinds and one of them is right for you. Sure, writing a will can be an easy task to put off until âsomeday.â But what if the worst were to happen before âsomeday?â That could mean a complicated and emotionally draining legal process for your […]
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