Credit & Debt Smart Military Money

  • 4 Crucial Takeaways From The Cyprus Banking Disaster

    4 Crucial Takeaways From The Cyprus Banking Disaster

    Nobody lives a mistake-free life. Imagine how boring that would be. A life with no mistakes, no lessons learned and no maturation sounds unfulfilling. At the same time, humans try to avoid disastrous mistakes. Learning to handle your money will undoubtedly cause mistakes. Just ask Cyprus. Last week the island country’s two major banks sought a $13 million bailout. It’s really not much compared to the $650 m…

  • Partner Up For Passive Income

    Partner Up For Passive Income

    Passive income sounds like a sweet deal. You set something up, then you sit back and let the money roll in. You can be an author and collect royalties. You can invest and make money off of interest. You can set up an ad campaign on your blog and earn income every time someone clicks on one of the ads. You can be a landlord and rent out property, and this is one of the more popular passive income options. These are…

  • Beware of Bieber: Debit Cards for Children Can Spell Trouble

    Beware of Bieber: Debit Cards for Children Can Spell Trouble

    When it comes to paying your children, you’ll consider allowances. But thanks to Justin Bieber and other celebrities, prepaid and credit cards are grabbing the attention of children nationwide. Bieber, Hello Kitty and even Elvis Presley have cards with their likeness on them. That means you’ll have to figure out if there’s a suitable plastic option for your child, whether they’re 15 or 7 years old. Childre…

  • Your 3-Step Plan To Reclaiming a Rogue W-2

    Your 3-Step Plan To Reclaiming a Rogue W-2

    “When will I get my refund?” “How much will I get?” These are the two most common questions people ask when tax season comes around, both of which depend on Form W-2, Wage and Tax Statement. Before you file this year’s tax return, you should have received a W-2 from each of your employers. Per IRS guidelines, companies had until January 31 to mail out the forms, but sometimes they are late, or misplac…

  • Hey Consumers, Stand Up for Your Credit Reports

    Hey Consumers, Stand Up for Your Credit Reports

    Your credit report won’t defend itself. When a nationwide consumer reporting agency — Equifax, TransUnion or Experian — makes a mistake on your credit report, it’s up to you to get it fixed. Those companies don't make exceptions for military consumers, as nice as that would be. As a consumer, you need to be vigilant in checking your credit and disputing errors. The number of consumers disputing item…

  • What You Can Do About Your Ex-Spouse Spying On Your Credit

    What You Can Do About Your Ex-Spouse Spying On Your Credit

    Divorce is an all too common occurrence in our society, and it’s no secret that divorce has the potential to put your finances in the toilet. Most people who divorce cannot say with complete honesty that they planned for it, but given the statistical probability, you may want to consider planning for the possibility. How much does your ex know about you? Few of us consider the wealth of private inform…

  • Do Money Market Accounts Make Sense For You?

    Do Money Market Accounts Make Sense For You?

    If you’ve built up several thousand dollars in your checking account, it’s high time you consider other options, such as the money market deposit account. Checking accounts typically earn no interest, and those that do average just 0.05% APY. That isn’t much of a yield, but it’s the price you pay for liquidity, the ease of withdrawing whenever you’d like. You might consider giving up that liquidity for h…

  • 3 Tax Tips to Save You Money

    3 Tax Tips to Save You Money

    Tax season is quickly approaching, and although it may be the last thing on your mind, now is the perfect time to start filling out that 1040 form. This can be a stressful time of year for many, regardless of whether you pay for tax services or are a self-preparer. By completing these three simple steps, you can make your life much easier – and potentially save money – when it’s time to file taxes. …

  • How To Prioritize Payments And Get Out Of Debt

    How To Prioritize Payments And Get Out Of Debt

    With the pocketbook shock of the holidays behind us, many decide to take advantage of the new year and make a resolution to manage finances responsibly. For most, this means sticking to a budget, living within their means, relying on credit less often and, of course, getting out of debt. Realizing your debt is split between the mortgage, car loan, student loans, credit card and personal debt makes beginning the ta…

  • New Year's Resolutions for Personal Finance

    New Year’s Resolutions for Personal Finance

    Year after year, Americans resolve to meet personal goals in the New Year. The most popular of these range from losing weight to volunteering and everything in between, but in the wake of holiday shopping season many of us will be tightening our financial belts. Here are some suggestions for New Years resolutions that could help improve your monetary situation. I will find a better bank or credit union I…