Victimsof romance scams aren’t just losing their life savings. Some are taking on new debt in the name of love, such as opening up credit cards.
Author: Susan Tompor, Detroit Free Press
Tax refund advance loans are often too good to be true. Here’s what you should know
Demand for tax refund advances could go up, thanks to the government shutdown. But read the fine print carefully and watch out for high tax prep fees.
How banks are helping you budget and track your money to avoid overspending
Mom can’t always be there to tell you when to stop spending. But Huntington Bank and others are promoting new tracking tools to keep resolutions.
Why Ohio bitcoin tax gimmick is like paying with Beanie Babies
Will more states follow Ohio in accepting bitcoin for tax payments? Doubtful, given that no one knows what bitcoin will be worth tomorrow.
From a chances of a recession to interest rates: 5 things to know about your money in 2019
The odds of a recession are heating up, but experts say a downturn is more likely to hit in 2020 than 2019. Even so, higher interest rates won’t help.
A million pension checks risk huge cuts without this fix
About 120 pension plans, covering about 1.3 million people, are underfunded by $48.9 billion and could fail if a solution isn’t found.
Social Security calling? Nope, it’s just scammers out to grab your cash
Calls from Social Security imposters using fear tactics have been higher than IRS scams lately, according to the AARP Fraud Watch Network.
Saving for college: A workplace perk that can help your kids avoid debt
More employers are promoting 529 college savings plans. Some allow workers to deduct contributions from their paychecks.
Year-end charitable giving doesn’t guarantee a tax break. Here’s what you need to know.
Giving Tuesday kicks off the charitable season. But new tax rules make it more complicated to figure out if you’d be able to claim a tax deduction.
Gift ideas to help with college savings, student loan debt
Many grandparents, as well as aunts and uncles, may be looking for money-wise gifts, such as helping topay down student loans.