Month: January 2013

Tentative Tax Rebate Deal

This morning, several news organizations announced that the White House and Congress have come to a tentative agreement on the economic stimulus plan. The main part of the plan is tax rebates for singles earning under $75,000 and couples earning under $150,000. Each person will receive at least $300, plus an additional $300 per child. There will probably …

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Watch Your Credit Card Bill for Small Fraudulent Charges

A recent story about the spate for credit card fraud involving small charges reminded me of something that happened to me recently. My Potential Credit Card Fraud Scam I don’t actually know that this was fraud, but I know that American Express settled the dispute within four days and neither my husband nor I made the charge. …

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Christmas Spending: How Much to Budget This Holiday

According to news reports, 29% consumers plan to cut their holiday spending this year. It seems like every year, shoppers insist they won’t overspend this Christmas. They promise that they’re slashing their budgets. They promise they know how to control Christmas spending. Then the holiday spirit takes hold. Rather than questioning a purchase, shoppers just …

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What Happens if You Default on Student Loans

In addition to some people opting to walk away from their mortgages, the temptation to default on student loans is growing. Unfortunately, defaulting on student loans can have even worse consequences than defaulting on a mortgage. So, let’s go over what will happen if you default, and options for avoiding default. What Qualifies as Default? The government …

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