Smart Money Page 4

  • Military Tax Tips & Tricks: Deductions and Credits

    Military Tax Tips & Tricks: Deductions and Credits

    This post is the second in a three-part series covering tax tips and tricks for military members. For every hoop the IRS makes you jump through with rules and bureaucracy, there are an equal number of deductions, credits and types of filing to save money and time that just require a little digging to discover. This article features information about military tax deductions, earned income tax credits and fil…

  • Military Tax Tips & Tricks: Filing & Benefits

    Military Tax Tips & Tricks: Filing & Benefits

    This post is the first in a three-part series covering tax tips and tricks for military members. Tax season is upon us once again. Smart Military Money is dedicated to helping our readers file their taxes successfully while taking advantage of any opportunities and discounts available to active military, veterans and military families. Part one focuses on free tax filing services and provides a general ove…

  • What’s The Top Way to Boost Your Credit Score?

    What’s The Top Way to Boost Your Credit Score?

    If you're thinking about buying a home and need to improve your credit score, one of the fastest ways to accomplish this is to take a bite out of your debt. The big question is where to start. Here are a few things to consider before you start paying down in earnest. Understanding Your Debt It's important to make sure that you are aware of exactly how much you owe and where the problem areas are in your credit score. If you haven't already, start by obtaining your free credit report. …

  • Paper or Plastic? 5 Reasons to Use Cash Over Credit

    Paper or Plastic? 5 Reasons to Use Cash Over Credit

    Has the convenience of credit and debit cards made carrying cash a thing of the past? Maybe. More and more, credit is becoming the preferred method of payment and a way of keeping money secure. Before you put away the green for good, however, you should consider the perils of plastic and benefits of cash. We Tend to Overspend   Americans have thousands of dollars of credit card debt, so it’s no secret that …

  • Buying a Home in The Next Year? Here’s 4 Things To Avoid

    Buying a Home in The Next Year? Here’s 4 Things To Avoid

    The 12 months leading up to a home purchase can be extremely stressful. From the preapproval process to the signature on the dotted line, it's a timeline cramped with intricate decisions that ultimately influence one of the most substantial purchases a person will make in his or her lifetime. Some of these are more insignificant details, while others can be of major concern. However, when it comes to decisions tha…

  • 5 Personal Finance Lessons I Learned From the Military

    5 Personal Finance Lessons I Learned From the Military

    Service members aren't exactly renowned for their financial responsibility, but that doesn't mean we can't take the lessons we learned in the military and apply them to our personal lives. Managing your money is all about developing good financial habits. It requires hard work, dedication and sacrifice. Luckily, as military members, we've had plenty of practice. Whether you're looking to pay down your debt or shore up your credit score, the intangible skills acquired while serving can cont…

  • 5 Experts on What Consumers Don't Get About Credit

    5 Experts on What Consumers Don’t Get About Credit

    Credit can be a tricky topic. While there's plenty of information out there about credit, how to build it, and what to do if it's dragging down your home loan application, it's still a confusing area for some people. While there are plenty of experts available, the credit experts at Veterans United's Lighthouse department are among the best and are available free-of-charge to help you through your credit issues. Get in touch today and start the road to great credit. There's also lots of gr…

  • These 5 Things Will Keep You Drowning in Debt

    These 5 Things Will Keep You Drowning in Debt

    Getting into debt isn't hard. In fact, it can be quite easy to fall victim to the slippery slope of accumulation. Getting out of debt, however, can be incredibly hard, even seemingly impossible at times. Though the road to recovery may be long, it is possible to get back on your feet after financial woe — just be sure to avoid the following five things at all cost. If you've got debt, your dream of homeownership is not out of your reach. Now's the time to get the ball rolling on your VA …

  • Stop Making These 4 Budget Blunders

    Stop Making These 4 Budget Blunders

    Nearly half of Americans faced financial difficulty last year, unable to afford bills for basic needs like medical care or housing. Almost a third live day-to-day and have no savings at all. Their current financial woes aren't all attributed to foolish spending habits. Some simply fell victim to common money mistakes that the majority of Americans make – even the ones who still have gas in their car, food on …

  • Identity Thieves Do This to 2.5 Million People Per Year. Here's How to Stop it.

    Identity Thieves Do This to 2.5 Million People Per Year. Here’s How to Stop it.

    Adjusting to life after the loss of a close loved one is no easy feat. The days immediately following are no exception, as the surviving family must handle funeral arrangements, insurance policies and wills. Unfortunately, tragedy can be cut short by fear as the family realizes that their departed relative has became a victim of identity theft. Fraud prevention firm ID Analytics revealed the identities of nearly 2.5 million deceased Americans are misused each year. Credit issues can …