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Personal Finance News
General Finance
Debt, Investing
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Orlando, Florida, United States
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DIK (Dual Income, Kids)

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Latest Blog Posts

If you lose your job or are out of work through no fault of your own, you may be eligible for unemployment benefits. If you quit for good cause, are fired for anything other than misconduct, or were laid off and your earnings meet a certain threshold, most states will provide you with unemployment. Before you start cashing in, here are some factors you should consider. Who Qualifies for Unemployment Benefits? Though ...
Posted: Jul 21 2017 @ 10:21 PM
A Health savings account (HSA) is a special account which is used in conjunction with a high deductible health plan. Contributions to the account are tax-deductible on the federal and most state tax returns. Withdrawals are tax-free when used to pay for eligible medical expenses as described in Section 213(d) of the Internal Revenue Service Tax Code. The IRS normally announces the HSA contribution limits annually. The eligible expenses must not ...
Posted: Jul 21 2017 @ 7:46 PM
A woman taking selfie accidentally caused $200,000 worth of art in damage. The visitor tried to snap a picture at an art gallery The 14th Factory in Los Angeles. This temporary art exhibit and factory space displayed the latest exhibition from Simon Birch, a British multimedia artist based in Hong Kong, in a series of crowns on pedestals. Inside a serene space, singular objects rest on plinths: these are crowns, presented ...
Posted: Jul 14 2017 @ 4:37 PM
The Washington Post reported: A Texas man who became trapped inside an ATM slipped notes to customers via the receipt slot pleading for them to help him escape, police said Thursday. The contractor became stuck Wednesday when he was changing a lock to a Bank of America room that leads to the back of the ATM, Corpus Christi police Lt. Chris Hooper said. He couldn’t let himself out of the room because ...
Posted: Jul 13 2017 @ 2:04 PM
Happiness from being generous has a neural basis within the brain. Generous behavior is known to increase happiness, which could thereby motivate generosity. A recent study submitted to the journal Nature Communications that used functional magnetic resonance imaging concluded that giving makes us happy. The researchers wrote in the journal Nature Communications that “our study provides behavioral and neural evidence that supports the link between generosity and happiness.”  If you’re looking for a way to increase ...
Posted: Jul 12 2017 @ 1:15 PM
Despite earning multi-million dollars, the Pirates Of The Caribbean star Johnny Depp is broke. He is currently suing his former business managers in a $25 million legal battle for mishandling his personal finance. So how is Johnny Depp so broke? It has nothing to do with his extremely high income, but his reckless spending habit is causing his own financial mess. From the filing in a lawsuit, Depp has spent $3 million ...
Posted: Jul 11 2017 @ 6:06 PM
More and more Americans are spending their golden years on the job. Almost 19 percent of people 65 or older were working at least part-time in the second quarter of 2017, according to a recent U.S. jobs report. Bloomberg reported: Certainly baby boomers are increasingly ignoring the traditional retirement age of 65. Last quarter, 32 percent of Americans 65 to 69 were employed. Even past age 70, a growing number of seniors are declining to, or unable ...
Posted: Jul 11 2017 @ 12:31 PM
A newlywed accused of soliciting her firefighter husband’s killing to collect $100,000 in insurance money has been convicted of aggravated murder in a scheme that was flawed from the start: His ex-wife was still the beneficiary of his policy. Uloma Curry-Walker, 45, could receive life in prison without parole for the November 2013 slaying of William Walker, whom she had married just four months earlier. Jurors deliberated for less than two hours before ...
Posted: Jul 08 2017 @ 11:55 PM
Our family traveled this month to Southeast Asia for a two-month summer vacation. We have planned this trip for well over a year. I stayed with them for the first three weeks then I headed back the States to work for three weeks. After that I will reunite with the family before bringing them back home to Florida in August. We have designated a separate fund for travel expenses and prepaid ...
Posted: Jul 04 2017 @ 7:23 PM
The 401(k) plan is the most popular type of employer-sponsored defined-contribution retirement plan. According to the Survey of Income and Program Participation (SIPP), 60 million individuals or 33.0% of the U.S workforce participated in 401(k) plans in 2008. By saving in the 401(k) plan, you get an immediate tax break, because contributions come out of your paycheck before taxes are withheld. You also get tax-deferred growth – meaning you don’t pay ...
Posted: Jul 01 2017 @ 7:23 PM


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