Author Archive for KC Beavers
Ally Bank Review – Great option in online banking
Tweet A brief background about the bank Ally Bank is the banking unit of Ally Financial. The company started in 1919 as the General Motors Acceptance Corporation or GMAC and ever since has been involved in the financing of numerous vehicles for production. Because of the recent financial and economic crisis in the U.S., GMAC’s [...]
CLUE Report, Comprehensive Loss Underwriting Exchange
Tweet You need to take a good look at your CLUE. But what is a CLUE report? Most people are clueless about there CLUE report, hehe see what I did there. CLUE stands for Comprehensive Loss Underwriting Exchange, and this report gives details dating back seven years history of claims with your insurance company. Why [...]
Rent A Cow and Save on Taxes, Tax Loophole
Tweet The Rent a Cow Loophole You read that right, there is a provision in the Florida tax code that provides a significant tax break for people who want to rent a cow. This has got to be one of the strangest tax loopholes I have heard about. You may get excited about the prospect [...]
The 14 Weirdest Tax Write Offs, They Were Asking for an IRS Audit
Tweet People are always trying to get creative with their tax deductions, but the IRS does not always go along with them. Filers have tried to deduct everything from prostitutes and pornography to pets and lavish holidays. But the IRS has been quick to put the kibosh on some of the truly outlandish deductions. While [...]
Signs You May Be A Shopaholic And 6 Things You Can Do To Change It
Tweet We’ve all made purchases on impulse, whether it be that candy bar at the checkout line in the grocery store or that pair of shoes that you come across that would go perfectly with your new tailored suit or the dress you bought last week. Impulse buying is a major weakness for many, and [...]
Can you really put a price on love? Love Don’t Cost a Thing!
Tweet How many times have you heard these phrases? More likely than not you have heard one or the other enough that they will pop into your head when you are looking to purchase something for your loved one. I was listening to the radio this morning and I heard a commercial that was trying [...]
Money Saving Tips – 10 Ways to Save Money
Tweet With the economy the way it is, virtually everyone is looking for ways to cut back. Saving a little cash may seem like a challenge, but it is quite painless with a few strategies. With the right attitude, you may even find the pursuit of saving money fun and rewarding in the end. 1. [...]
States With No Income Tax
Tweet In early 2007 as I was getting everything back from my CPA for my 2006 tax return, I was a little shocked. As it turned out I owed more to the government than I had ever even made in a single year prior. It was crazy to me that I was about to write [...]
Good Debt vs. Bad Debt
Tweet The accumulation of debt is can be a necessary evil for personal finances. The majority of us don’t have enough cash on hand to pay for a child’s education or a house. However, a majority of people often let debt grow to dangerous levels. This is due to wanting things now and not putting [...]
Lowest Paying College Majors
Tweet With today’s economy down in the dumps, many people are attending college to guarantee financial security. The college students are looking to achieve a goal, to graduate with a degree and get a great job. Isn’t that the way the college fairy tale ends? Unfortunately, this could not be further from the truth for [...]
The Pros and Cons of Co-signing a Loan
Tweet There are many situations where you might find yourself being asked to co-sign a loan. Often such a request can arise in the context of a personal relationship. For example one of your children may ask you to co-sign a loan for a first car or for college tuition, or a friend or relative [...]
Saving Money on Winter Energy Bills
Tweet As a budget conscious consumer, you might be wondering how you can save money on your energy bills this winter. There are a variety of methods that you can use to save money on your energy bill and with a little creativity you can do it. What does it take to succeed? Follow some [...]
The Roth IRA: What You Should Know
Tweet You know that putting savings towards your future retirement is important, but deciding where to build your nest egg can be a bit daunting. But the Roth IRA has too many tax benefits to ignore. Confusing lingo and acronyms make it hard to choose an appropriate investing method, and trying to wade through the [...]
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