Tag: Articles

With spring around the corner, many homeowners start thinking about the improvements they've been putting off all winter. If your to-do list is long, but your cashflow is short, you might want to consider a home equity line of credit, also known as a HELOC. These loans give you access to the value you've worked so hard to build and they provide the flexibility you need to make your projects a reality. Many people don't take advantage of their equity until it's time to sell. With a HELOC, you can borrow up to 100% of your home's value, minus your…

We all know it is better to give than to receive. And, of course, the point of giving to a worthwhile cause is not expecting anything in return. Nevertheless, there are financial benefits to charitable contributions when you file your taxes. Here are a few tips & guidelines regarding taxes and charity. What Is Deductible? The IRS doesn't allow deductions for funds given to specific individuals or families. Meaning, if you give a friend in need some money to help them pay for a medical issue, it doesn't apply. The contribution has to be to a qualified organization, such as…

St. Valentine’s Day can be a divisive holiday. On one hand, there are couples who have already set up a wedding savings account and love Cupid, flowers, chocolates and romance. On the other hand, there are people who are single and on a budget -- who want to mark the occasion, but won’t be spending money on extravagant dates or giant teddy bears. If you’re in the latter group, here are a few ways to enjoy February 14 without breaking any hearts or the bank. For the Single Ladies To celebrate girl power and your love for all of your…

Have you ever taken a break from spending money? If so, for how long? One or two days? Three? What if we told you that it's possible to not spend money for an entire week? Of course, everyone's financial situation is different, but if you're up for the challenge, here's how to complete your seven-day spending freeze. Prepare First, choose your starting date and mark it on your calendar. If you don't know what your weekly budget is, track your spending for a few weeks beforehand. This will give you an idea of how much you can save and it…

Are you preparing to become a stay-at-home parent, dealing with a recent layoff or saving up for a big purchase? Even though it may sound impossible, you can live on only one income and make it work. Whether you're single or married, have children or not, these three simple ideas are essential: create a plan, spend less and save more. Before you think that sounds too easy, let's break down the specifics: Create a Plan Successful single-income families don't just happen -- they require a strategic evaluation. First, create a realistic budget to better manage your money and stick to…

Almost everyone resolves to get in shape when a new year comes around, but your financial fitness is just as important. There's no better time for talking finances with your partner -- spouse, family member, boyfriend, girlfriend, or even your live-in canine therapist -- about it than now. So here are 10 tips to help your discussion: Set a Time It's easy to put off these conversations, so mark your calendar and make it a priority. You can also pair it with something fun, like a dinner date. Use our free ABC Deals program to get some cash back for…