Financial Schools Reviews

Your taxes must be filed by April 15 to avoid a penalty from the IRS. If you owe Uncle Sam and you don’t have the cash to pay your tax bill, you might consider paying by credit card. Is it a good idea to pay your income taxes with a credit card?

The cost of charging your taxes

If you choose to pay your taxes with a credit card, you’ll be charged a convenience fee. Convenience fees can be a percentage of your tax bill, 1.95% to 2.35%, or a flat fee up to $3.95. When you use your credit card at a store, the merchant pays the processing fee. But

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If you are making one of these six financial mistakes, you probably aren’t aware, but doing so puts your financial security in jeopardy.

1. Paying off your mortgage with your credit card

Paying off your mortgage with a credit card is something that should be avoided at all costs. In the immediate term, you may not be paying more interest, but in the long term your interest payments will balloon, and do so very quickly.

This is because most mortgages cost between 3 to 6 percent in annual interest whilst credit cards charge anywhere between 15 per cent and some even charge more the 30 per cent.

Instead of using your credit card to pay the mortgage you would be better off asking your lender for a payment holiday, and allow the interest accrued to build up. T

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Yesterday I read about the current budget proposal of 3.8 trillion dollars and tried not to choke. Part of the proposal is the jobs bill, though granted the money allocated to it is very modest. Most historians and economists agree WPA wasn’t responsible on its own for ending the Depression – WWII was mostly responsible. Don’t get me wrong, I think President Franklin D. Roosevelt’s Works Program was a great success. Finished projects under the program include Hoover Dam and our highway system.

Despite the modest funding for the jobs bill, every penny counts and I found my self asking if there isn’t there some way we can have job creation without Depression era WPA-like funding. Like a li

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General Motors Ford Chrysler and for the moment Hyundai offer incentives to current Toyota owners

Helping our customers

At Auto Credit Express we’ve spent close to 20 years working with consumers with bad credit and helping these same customers raise their FICO scores and reestablish their car credit by financing a vehicle with a bad credit auto loan. A

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Now that I’m done with the bulk of the work on Your Money: The Missing Manual, I can start doing many of the things I used to do. Like provide monthly summaries for Get Rich Slowly.

In some ways, January was a strange month around here. For one thing, I think this was the month with the fewest posts since I started the site; there were only three days with more than one post. Yet I don’t feel like this was a bad thing. In fact, I felt like there were some fantastic conversations in January. (What do you think? Are you okay with the one-post-a-day thing? Or

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