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Wallet Magazine

4 Ways To Finance A Home Renovation

Home Equity Line of Credit. A Home Equity Line of Credit (HELOC) is an open credit line that is secured by your home’s value. HELOCs offer flexible terms and lower upfront costs than most other loans. Home Equity Loan. A Home Equity Loan (HEL) allows you to borrow a fixed amount of cash, which you receive in one lump…
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Beware of Coronavirus Scams

Scammers often capitalize on fear, and the Coronavirus outbreak is no exception. In fact, the World Health Organization (WHO) and the Federal Trade Commission (FTC) are warning against a surge in Coronavirus scams that can be difficult to spot. How the scams play out Here are some of the most prevalent Coronavirus scams: The fake…
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8 Creative Ways to Save on Heating Costs this Winter

Q: I just got my first wintertime heating bill and I’m reeling. I’ve sealed all leaky windows and I’ve replaced the weather stripping around my doors, but my bill is still astronomical. Short of hibernating until spring, is there anything I can do to keep my heating costs down this winter? A: Sealing air leaks and weather-stripping…
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5 Common Tax Mistakes To Avoid

1. Faulty Math – A small miscalculation can throw off all your numbers and get you into trouble with the IRS. 2. Name Changes and Misspellings – If you’ve recently changed your legal name, let the Social Security Administration know. 3. Omitting Extra Income – If you’ve taken any side jobs during the year, fill out a 1099-MISC…
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