Should You Do Your Own Taxes?

With the New Year approaching, another important date is fairly close by.  Tax day may seem like it’s very far away.  After all, you have something like three and a half months to do your taxes, and even then you can file for an extension.

But tax season comes around before you know it, and taxes are nothing to be ignored.  They are serious business.  If you lie on your taxes and get caught, you’ll get audited, and if you don’t pay your taxes, you will go to prison.  Simple as that.  Taxes are something to be taken seriously.

But taxes aren’t simple either.  It takes literally years to master each state’s tax codes because there are so many little details and intricacies to understand.  Obviously not everyone has seriously complicated taxes, but simple taxes simply don’t exist.

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Credit Card Payment Insurance: What Is It and Is It Worth It?

You may or may not have heard some hype about credit card payment insurance.  Basically, you pay a monthly premium and if you can’t pay your credit card bill because something awful happens like you get injured or lose your job.

It really sounds like a fantastic concept, especially since you certainly cannot predict what will happen and when.  But whenever you are paying for anything and especially anything expensive, and this unusual type of insurance is certainly no exception.

Recently named on Time.com as a product that you should stop buying immediately; credit card payment insurance seems like more of a scam than a solution.

Rather than paying your credit card bill for you, this service, pauses your credit card bill and even your interest rate for as long as two years. Continue reading

Tips to Help You Stand Out in an Interview

In this economy, one of the hardest things to do is find a job.  With unemployment at just below 10%, many people don’t have jobs and few new jobs are being created.  This means more applicants for every job, not matter the qualifications or the education level needed.

Competition is high and very stiff and the only thing you can do to increase your chances of getting the job you are applying for is to set yourself apart from the rest of the candidates.

The interview process can be quite long and drawn out.  Some companies can require as many as four interviews to find the best possible candidate, and every step of the process is different. Continue reading

Credit Unions: What Are They and Should You Use Them?

These days banks are under a whole lot of scrutiny.  Being blamed for giving out subprime mortgages to unsuitable candidates, resulting in people losing their homes, banks are not the most trusted and revered institutions at the moment.

In this economic crisis, banks are suffering as well but perhaps not like the everyday man.  To ease their suffering they have introduced new fees and increased existing fees.  And to top it all off, there have been many complaints customer service at big banks.  It seems that they are taking less and less of an interest in some of their smaller customers. Continue reading