Money
Everybody was excited about Facebook joining the stock market. Why was there so much hype and why was this a big deal? IPO stands for Initial Public Offering. This means that a company sells ownership shares of the company to the public for the first time. It’s the first time people outside the company are […]
When the weather warms up, it's natural to want to turn up the air conditioning and enjoy having a cool place to relax. However, your first electric bill of the summer can really turn the heat up on your finances. With that in mind, here are some tips to ensure that you save money and […]
Today’s questions were submitted by Text Tom Club members in response to last week’s topic, tax filing and dependents. — Can two parents claim the same child for six months each? The key question here is: How many taxpayers can claim a given dependent child? The answer is: one. So a married couple can claim […]
You go for the job interview. You’ve carefully prepared to answer even the toughest questions. Explanation for that gap in employment three years ago. Check. An example of your leadership skills in action. Check. Your greatest weakness. Check. There is always the moment in the interview when the interviewer asks if you have any questions. […]
Today’s questions from TJMS listeners address tax filing and dependents. — If you’re filing taxes with dependents, why not wait until April? Although we file taxes in April, we pay taxes year-round. Last year each dependent was worth a $3,700 exemption—and if you can claim a dependent, that could alter your paycheck withholding status. In […]
WASHINGTON (AP) — A public interest group says as many as 900 colleges are pushing students into using payment cards that carry hefty costs, sometimes even to access students' financial aid money. The U.S. Public Interest Research Group Higher Education Fund says in a report published Wednesday that colleges and banks often make secretive deals […]
This content is brought to you by the REACH Card. Shop worry-free with the REACH Visa® Prepaid Card knowing you are protected by the Visa® Zero Liability Policy. Go to www.thereachcard.com to find out more and get your REACH card today. — When your private financial information gets into the wrong hands, the consequences can […]
I’d like to make sure that my daughter doesn’t accumulate the same amount debt from attending college when she gets older that many people in my family have. Should I be investing in a 529 on her behalf? Erika – Chicago, Illinois In layman’s terms, 529 plans are simply investment accounts where your money can […]
Looking at former NFL star Warren Sapp’s bankruptcy filing, it’s hard not to focus on the Florida mansion he owns (18,000 square feet, according to property records) or the number of pricey athletic shoes he’s purchased (240 pairs, many still in the box unworn). Sapp lists assets of nearly $6.5 million and liabilities of $6.7 […]
Whether you owe taxes or not this year, everyone’s a winner with tax day freebies. Each year on Tax day, restaurants and businesses offer freebies and deals to get customers in the door. Here are a few on the growing list for this year (April 17, 2012). Cinnabon: giving away two free Cinnamon Bites to […]
I just read about the new REACH Visa Prepaid Card that was launched this week. I’ve read a lot about the pros and cons of prepaid cards in the news and wanted to know what Mellody thinks about them. – TRUDY, Houston, TX There has been a lot of recent press surrounding prepaid cards. When […]
The number of natural disasters this year got me thinking about what I should do to be prepared. What are some of the things I need to do financially? BILLY, Knoxville, TN Billy is asking a timely question as we observe the 10-year anniversary of 9/11 and move forward after Hurricane Irene, Tropical Storm Lee […]
