Here are some tips from fellow parents and experts in the personal finance space to teach your teen how to budget.

Full Story

The post How to Teach Your Teen to Budget Like a Pro appeared first on MintLife Blog.

Inheriting property or other assets typically involves filing the appropriate tax forms with the IRS. Schedule K-1 (Form 1041) is used to report a beneficiary’s share of an estate or trust, including income as well as credits, deductions and profits. … Continue reading →

The post A Guide to Schedule K-1 (Form 1041) appeared first on SmartAsset Blog.

The post 10 Crucial Steps To Getting Out of Debt appeared first on Penny Pinchin' Mom.

In 2017, the average American consumer debt rose around 8%.  That results in the average American owing more than $15,000 in credit card debt. Holy smokes!! Why so much debt?  While some are the result of medical debt and the need to cover living expenses due to a layoff, the majority is due to financing … Read More about 10 Crucial Steps To Getting Out of Debt

The post 10 Crucial Steps To Getting Out of Debt appeared first on Penny Pinchin' Mom.

In borrowing, there are two types of debts, recourse and nonrecourse. Recourse debt holds the person borrowing money personally liable for the debt. If you default on a recourse loan, the lender will have license, or recourse, to go after … Continue reading →

The post What Is a Recourse Loan? appeared first on SmartAsset Blog.

If you’re like a lot of us, 2020 did a number on your cash flow. Here are six ways to rescue it.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

When you make a payment with a credit card not all of that money goes to the merchant. Your payment has to be authorized by multiple companies or banks along the way and some of them will deduct fees for their … Continue reading →

The post All About Credit Card Processing Fees appeared first on SmartAsset Blog.

The actor is ready to part ways with his Pacific Palisades digs, a Zen-inspired architectural gem with striking features and Instagram-worthy interiors. More

The post New to Market: Matt Damon’s Zen Los Angeles Home Asks $21 Million appeared first on Fancy Pants Homes.